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The commercial trucking market is rapidly transforming with the influx of advanced technologies, data-aided business models, automation, and the need to reduce carbon gas emissions. Though the market experienced a slump during the pandemic in 2020, operators quickly realigned their business models and emerged stronger. During the pandemic, emerging...

29 Sep 2023  |  Global  |  Technology Research

Opportunity Assessment of Cloud Gaming Evolution in the 5G and 6G Era

5G/6G Standards and Complementary Infrastructure Enable Cloud Adoption in a Rapidly Evolving Gaming Industry

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The cloud gaming sector is set to experience rapid growth because of the improvements in infrastructure and the availability of cost-effective technological solutions. The gaming industry is expanding with the increased adoption of mobile devices and penetration of 5G technology, which will lead to tough competition among gaming companies. Althoug...

The Satellite-based IoT sector is poised for unprecedented growth, driven by technological advancements and increasing demand for global connectivity. This study explores the pivotal growth opportunities within the sector, highlighting how innovations in satellite technology, strategic industry convergence, and emerging market dynamics are shaping ...

The chemicals industry has been undergoing a continuous, but gradual, transformation with the aid of digital technologies. The paints and coatings space leads in terms of the extent of digitalization adopted in various domains of the value chain to address unmet needs, although a significant portion of investment is focused on enhancing value throu...

Growing consumer demand for naturally derived additives and raw materials and concerns about health issues due to consumption of artificial sweeteners have led to the increasing research activities on sugar substitutes and alternatives. Currently, a major trend in the F&B industry is the “clean label” trend that is being actively pursued by ingredi...

Sulfur is an abundantly available chemical element that is often derived as a byproduct from desulphurization activities in chemical industries and petroleum refineries. Elemental sulfur has conventionally been used for the production of hydrosulfuric acid and fertilizers. The shift towards a circular economy where byproducts are to be used in recy...

Smart coatings play a significant role in a wide range of industrial and application segments because of their unique capabilities, such as improving surface properties, adding different functionalities, increasing efficiency, protecting against environmental elements, and enhancing the aesthetics of the structure. Frost & Sullivan’s “Advances i...

This Frost & Sullivan study examines the evolution of servitization among medium- and heavy-duty truck manufacturers. Servitization is transforming the business landscape by shifting manufacturers' focus from selling products to providing value-added services that improve customer connections and operational efficiencies. The transformation allow...

14 Jul 2021  |  North America  |  Market Research

North American Light Commercial Vehicle Growth Opportunities

The Overall LCV Market in North America is Expected to Grow to 5.0 Million Units by 2025, with New Product Development in EVs Helping it Achieve a Penetration of 6.2%

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Key Issues Addressed

The overall light commercial vehicle (LCV) market in North America was at 3.74 million units in 2020 with pickups contributing 88% of those volumes. Within the LCV segment, the lower weight segment, class 1/2a (