Search results for: 'parc of sales'

European economies had a challenging 2022 due to the onset of the Russo-Ukrainian War and the heightened inflationary pressure. The war impacted national security and weighed heavily on regional companies' economic performance. Historic price levels mandated monetary policy tightening as energy and fuel prices reduced consumer spending. Moreover, r...

This research service focuses on the economic impact of India’s automotive manufacturing policy, particularly the automobiles and auto components production-linked incentive (PLI) scheme. Following the outbreak of the COVID-19 pandemic and the subsequent shocks to global supply chains, India launched 14 PLI schemes across various industries as a cr...

The global electric commercial vehicle (CV) sales are forecast to grow to 6.3 million units by 2030 from 397,146 units in 2022, at a CAGR of 41.4% over the period. This is expected to increase global aggregate battery capacity demand from electric CVs by 117 times in 10 years, from 7.2 GWh in 2020 to 840 GWh by 2030. North America is expected to ma...

In 2023, the global light vehicle industry experienced a 6.5% growth, driven by economic recovery and resolved semiconductor chip supply chain challenges. China, the United States, India, Japan, and Germany experienced positive growth. China took the lead with 11% YoY growth in vehicles sold. Of the 14.1 million EVs sold in 2023, 70% were BEVs. ...

The traditional car key is on its way to becoming a thing of the past, likely confined to the glove compartment. In Europe and North America, the automotive digital key market is rapidly expanding, driven by consumer demand for seamless, secure, digitally integrated interfaces and technologically advanced car access experiences. Additionally, digit...

09 Oct 2024  |  Global  |  Market Research

A Strategic Analysis of the Bus Market, Indonesia, 2024 2035

Indonesia s Bus Sector Drives Transformational Growth through Bus Fleet Electrification to Reduce Emissions and Improve Sustainable Urban Transport and Energy Efficiency

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Indonesia emerges as a significant player in the global bus market due to its expanding population and increasing reliance on public transportation. The number of buses in operation rises every year, with leading original equipment manufacturers (OEMs) such as Mercedes-Benz, Mitsubishi Fuso, Hino, Isuzu, and Scania dominating sales. The Indonesian ...

GCC nations are actively reducing their reliance on oil-driven economies, recognizing the need for diversification as populations grow and oil resources alone cannot sustain future development. From 2011 to 2021, fossil fuel dependency saw a decline, with the UAE leading the shift by reducing oil’s share to less than 30% of its GDP by 2023. Economi...

This edition of the ITCC Technology Opportunity Engine highlights breakthrough innovations across AI-driven compliance automation, open banking platforms, cloud-native data integration, high-capacity optical transport, industrial IoT, advanced radar sensing, cloud-managed networks, ML-based fintech payments, workspace productivity, and sales CRM so...

06 Aug 2026  |  Global  |  Market Research

Machine Tools Sector, Global, 2023–2030

The Shift to High-precision and Multi-functional Machines is Driving Transformational Growth

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This study provides an in-depth understanding of the machine tools industry. It discusses the key trends and challenges faced by machine tool manufacturers, in addition to providing forecasts until 2030. The study provides a region-wise breakdown with discussions on key industries. Machine tool manufacturing is being reshaped by a combination of di...