Search results for: 'land vehicle'

Passenger vehicle maintenance in Europe and North America has witnessed a transformative shift in the last decade from a traditional reactive approach to one that is proactive, focusing on predictive and preventive solutions. This shift can largely be attributed to the increased adoption of connectivity features in vehicles. Connected vehicles can ...

The Latin American light vehicle leasing and rental market is in the growth stage. Although leasing and rental companies in the region faced growth-related challenges due to the COVID-19 pandemic, the market has started growing once again. However, the growth trend has not begun at the same time in all the countries, as each has their own pain poin...

Despite the slump and slow recovery in automotive sales following the pandemic and ongoing semiconductor shortages, the vehicle leasing and rental industry in the Americas is on a robust growth trajectory. The Americas denotes Canada, the United States, Argentina, Brazil, and Mexico. Leasing and rental companies in North America and Latin America f...

Navigation systems are among the initial in-vehicle innovations added for consumer convenience that have evolved as more technological advancements emerge. With in-vehicle connectivity, use cases for in-vehicle navigation systems have expanded, allowing new opportunities for in-vehicle navigation services. Frost & Sullivan has interviewed thought...

Economies across the world are bouncing back in full force after the pandemic-induced lull. Despite a slump in the recent past, automotive sales are slowly recovering in the Americas, and fleet leasing and rental markets are on the path of recovery. Telematics adoption is on the rise as connected cars are gaining traction in the region, primarily t...

Original equipment manufacturers (OEMs) used to differentiate their products based on mechanical features. Today, however, consumers increasingly want features defined by software, such as driver assistance, connectivity, and comfort-convenience services. The convergence of technology areas including electrification, autonomous driving, shared mobi...

The electrified vehicle (xEV) industry in Latin America is at an emerging stage, in terms of vehicle sales, charging infrastructure, and regulations. However, it has been growing at a fast pace, primarily because of the entry of new models and the launch of purchase incentives. For example, in 2022, almost 157,000 electrified units were sold in the...

27 May 2016  |  North America  |  Market Research

Top 10 Trends in the North American Medium- and Heavy-duty Commercial Vehicle Aftermarket

Connected Trucks and Legislation Will Play a Key Role in Creating a $33 Billion Market by 2022

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This strategic market Insight covers the Top 10 market trends of the Class 4–8 medium- and heavy-duty commercial vehicles in North America (the United States and Canada). The key macro trends covered in this study include ageing truck population, technician shortage outpacing demand, and right to repair—CSA creating opportunities. Key maintenance t...

The on-demand business model in the automotive industry is revolutionizing the way customers subscribe to a particular service offered by OEMs. The model allows customers to activate or deactivate a service according to their regional (or custom) requirement. The subscription offered by automakers can be on a monthly, yearly, hourly, per kilometer ...