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With an average real GDP growth of 6.4% between FY2026 and FY2030, India is on track to become the world’s third-largest economy by the end of this decade. This growth trajectory will be fueled by robust domestic consumption, a rising working-age population, digital transformation across key sectors, strong capital expenditure, and policy-driven ma...

The European passenger vehicle connected services industry is based on a technology that allows a vehicle to connect to the Internet of Things. This report discusses how original equipment manufacturers (OEMs) have been innovating to allow passenger vehicles to connect through various modes, such as embedded, tethered, and smartphone integrations. ...

25 Aug 2022  |  Global  |  Market Research

Commercial Aircraft Tire Industry Growth Opportunities

Growth Potential in Global Commercial Flights to Propel Demand for Aircraft Tires, with Sustainability as a Key Investment Area among Vendors

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This report analyzes the current state of the commercial aircraft tire industry, including the impact of the COVID-19 pandemic and the potential growth landscape. It tracks the technologies and market trends that are key variables in determining the market size and forecasts from 2021 to 2032. The analyses and forecasts are presented by aircraft ty...

31 Oct 2022  |  Global  |  Market Research

Strategic Insights on Future Smart Parking Systems

Global Market to Reach $18 Billion By 2030 With IoT, Blockchain, and RFID Reshaping Business Models and Enhancing Management Solutions

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This study offers strategic insights into the technologies and trends affecting the smart parking market. Digital technologies, such as IoT, 5G, and blockchain, have helped consumers locate parking lots through cell phones and vehicle infotainment systems. Image processing, RFID, and ground sensors have simplified the parking monitoring process wit...

11 May 2020  |  Asia Pacific  |  Market Outlook

Indonesian Automotive Outlook, 2020

Total Industry Volume is Expected to Decline by 16.7% in 2020 Due to Global Economic Uncertainties and Disease Outbreak

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From 2018 to 2019, the Association of Southeast Asian Nations (ASEAN) automotive market decreased at a year-on-year (YoY) rate of 2.9%, with total sales reaching 3.5 million units. The main reasons for this decline were the global economic slowdown in automotive sales and the dip in sales faced by Indonesia, a leading contributor to the ASEAN marke...

26 Dec 2017  |  Global  |  Market Research

Executive Analysis of Electric Truck Market, Forecast to 2025

Chinese Thrust to Propel Global Light-medium-heavy Duty Electric Truck Market to More than 2.5 Million Units in Annual Sales by 2025

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This study provides an overview of the opportunities in the global medium heavy-duty electric truck market in the period 2016–2025. The study reveals that the Chinese electric truck market will be the global electric medium heavy-duty truck leader and is expected to be dominated by fully electric trucks with 61.1% market share, followed by plug-in ...

This research service presents a comprehensive analysis of the Middle East industrial services market with a breakdown of segments by countries, end users, and type of equipment being serviced. The revenue by end users and type of equipment are discussed for each of the countries that constitute the Middle East. Revenue analysis is provided for eac...

Automotive industry is rapidly evolving in terms of technology as well as tackling environmental issues. Electric vehicles (EVs) have been introduced as a clean energy initiative due to low or zero emissions and have come a long way to become an integral part of OEMs’ business strategies. Automakers are creating separate EV business units to be p...

The study provides estimates of the Indian automotive aftermarket potential in 2016-17 generated by a total vehicle population of 228.7 million vehicles, which include, 2 and 3 wheelers, passenger cars, commercial vehicles and farm tractors. The estimated aftermarket potential comprises that of engine components, suspension and braking components, ...