Search results for: 'automotive industry outlook'

This research service presents the 2017 outlook for the global automotive industry. It illustrates the changes in regional markets in 2016 and analyzes expected market performance in 2017. It delves into original equipment manufacturer (OEM) strategies to excel in target markets and segments, and introduces technology trends for 2017. This study wi...

06 Jun 2023  |  Global  |  Market Outlook

Automotive Outlook, 2023

Easing of Chip Shortage Crisis, Increasing Electric Vehicle Adoption, and Improving Macroeconomics to Drive Light Vehicle Sales by 3.3%

Infographics

×

Global light vehicle (LV) sales reached 79.9 million units in 2022, registering 1.3% lower sales than in 2021. China was the top-selling market with 25.7 million units, ahead of the United States at 13.9 million and Japan at 4.1 million. The Russo-Ukrainian War resulted in production delays owing to part supply delays and semiconductor shortages, l...

In this study, Frost & Sullivan delivers a comprehensive analysis of the global light vehicle market, which grew 4% in 2024 to reach 83.8 million units, led by China’s dominance in electric vehicle (EV) adoption and domestic brand strength. The report provides in-depth analyses of the top five markets—China, the United States, India, Japan, and Ger...

The Latin American light vehicle industry has been recovering from the COVID-19 pandemic. In 2024, the industry sold 5.2 million vehicles, representing a 7.9% year-over-year (YoY) growth. Although it has yet to reach the 2019 sales figure, it is expected to do so in 2025. This year, the region is expected to sell approximately 5.4 million units, wh...

02 Jul 2024  |  Global  |  Market Outlook

Caribbean and Central American Automotive Outlook, 2024

Chinese OEMs Entry into the Industry and the Growing Electric Vehicle Adoption Indicate about a 50% Unit Sales Growth between 2021 and 2024, Followed by another 20% by 2030 to Surpass 300,000 Combined Unit Sales in the Key Countries

Infographics

×

This Frost & Sullivan outlook analyzes the automotive industry in select Central American and Caribbean countries, including Panama, Jamaica, Trinidad and Tobago, Costa Rica, the Dominican Republic, Guatemala, El Salvador, and Honduras. It provides historical sales data for each of the countries from 2020, and forecast data runs through to 2030. Th...

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. ...

Advancements in technologies that improve navigation and object detection, communication between vehicles and infrastructure, image processing algorithms, data analytics, and machine vision have created opportunities for automotive manufacturers to discover a wide range of solutions for the automotive IoT arena. Enhanced safety and cost-effectivene...

As governments around the world try to reduce carbon emissions by an unprecedent amount with electric vehicles as a focus of incentives, the reality is that millions fossil fuel-powered cars will remain on the road for decades to come. With this in mind, automotive and energy companies are considering whether an investment in electrofuel production...

25 Mar 2025  |  Global  |  Technology Research

Top 10 Sensing Technologies in the Automotive Industry

Camera Sensors and Position Sensors Will Significantly Impact the Automotive Industry

Infographics

×

The automotive market is growing rapidly with fast-paced innovations and consumer demand. With an increased focus on comfort, convenience, safety, vehicle emissions, and other global standards, the global automotive sensors market too is experiencing an exponential growthSeveral countries have set up regulations and standards to be met before a veh...