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Both China and Europe experienced significant growth in LCV and M&HD truck sales in 2023, mainly driven by a low base affect. Other emerging markets faced a challenging year, with India and ASEAN specifically contracting in LCV sales and with LATAM s M&HD truck sales declining substantially in 2023. After a difficult 2022, Chinese OEMs reemerged in...

Smart Pill is a collective term referring to class of new-age medical devices that resemble a conventional medical pill or a capsule. However, unlike medical pills that carry a drug load, smart pills are miniature electronic devices. Smart Pills take advantage of the advances made in microprocessors, light-emitting diode technology, CMOS, energy ef...

Software is an important aspect of digital transformation, and increasing software application adoption, be it mobile, web, or cloud-native applications, as a result of accelerated digital transformation has boosted the demand for innovation among software development life cycle (SDLC) developers and coders. To meet the need for faster innovation, ...

The commercial aircraft market is at record production levels. However, military aircraft, commercial rotary wing aircraft, and business aircraft are all flat to declining markets. Defense budgets globally are under pressure, and the military aircraft market reflects that strain. Growth for most manufacturing companies in these markets will be diff...

30 May 2024  |  Global  |  Market Research

Growth Opportunities in the South African Connected Truck Telematics Industry

Despite Multiple Local Challenges and Geopolitical Uncertainties, South Africa Presents Significant Growth Opportunities in the Light Commercial Vehicle Segment

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South Africa's commercial vehicle telematics industry exhibits significant growth potential, particularly in the basic track-and-trace segment. With the integration of affordable enhancements, opportunities to expand into mid-tier and advanced solutions will open up. In addition to the ongoing energy and utilities challenges, governmental regulator...

Electrification in trucking is gaining momentum as a Mega Trend, with new mobility models shaping the industry s future. Various sub-trends within electric vehicles (EVs), such as battery EVs (BEVs) and FCEVs, are increasingly popular as emission norms become stricter and the focus on achieving cleaner forms of goods transportation is higher. The p...

This research service discusses the global semiconductor ATE market. The growth and forecasts are from 2007 to 2017 for memory, non-memory, and discrete ATE segments. The study also covers forecasts and analysis of the key end users that are likely to boost the growth of the ATE market and presents the top megatrends in measurement and instrumentat...

02 Feb 2021  |  Europe  |  Market Research

Life Cycle and Total Cost of Ownership (TCO) Analysis of Heavy, Medium, and Light Duty Trucks in Europe

During a 15-year Life Cycle, Battery Electric Trucks Offer a TCO Benefit of 8% to 16% Compared to Diesel Trucks

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During the 15-year lifetime of a truck, the total cost of ownership is lowest for battery electric trucks, followed by natural gas and diesel powertrains across light, medium, and heavy duty segments. As the truck gets older, maintenance cost increases with decrease in mileage, resulting in increasing total cost of ownership (TCO) per mile. Miles t...

The In-vitro Diagnostics (IVD) market in China shows strong growth potential in several segments. Market growth is set to be driven by the growing volume of tests, rather than the higher price of testing solutions in traditional segments and the popularization of advanced testing technology in emerging segments. In the context of the reform in publ...