Industries

Nigeria, one of Africa’s largest economies, is diversifying to reduce its dependence on oil revenues and strengthen key non-oil industries. As the continent’s most populous nation, the country presents a rising demand for commercial vehicles, fueled by urban expansion, infrastructure projects, and growing trade activities. The automotive market is ...

Open-source software (OSS) architectures for vehicles are entering a new phase, reshaping SDV development by enabling collaborative, cloud-native stacks across the in-vehicle and cloud domains. This Frost & Sullivan study examines how automakers, Tier Is, silicon vendors, open foundations, and toolchain providers are converging to reduce cost and t...

Global transit and coach bus sales are forecast to reach 266,700 units in 2025, with substantial growth attributed to the fast-growing markets in China and India. Increased demand for transit buses is fueled by fleet modernization and government subsidies for alternative powertrains, while the robust tourism growth drives the coach bus segment.The ...

The United States has levied 25% tariffs on imports from Mexico and Canada—2 markets closely connected to the US auto market. Most brands in the United States depend on Mexico and Canada for sourcing and production. Coupled with retaliatory tariffs, near-term impacts to North American volumes and inflation can be sizable. Firms should prioritize re...

The global steer-by-wire (SbW) market is expected to grow despite the technology itself being over a decade old. Early adopters, including Infiniti and Tesla, as well as premium segment EV manufacturers, introduced SbW systems years ago; however, penetration in the mass market has been slow. This is largely due to high system costs, the need for ro...

India's three-wheeler (3W) market continues to play an important role in the mobility and logistics ecosystem, facilitating both passenger and goods transport. Fuel cost sensitivity and evolving fleet requirements, in conjunction with dealer-driven impetus, remain dominant factors affecting market dynamics. CNG has established a robust position in ...

This study evaluates the electric vehicle (EV) charging and battery swapping market in China. It provides a market overview of 2024, covering overall EV charging and battery swapping service solutions.The study includes a market overview of EV sales and EV ownership; it also offers information about the total number of EV charging stations, EV char...

This Frost & Sullivan report profiles Tenneco, offering an overview of its evolution, management team, and technological capabilities. In an effort to shift from its position as a major internal combustion engine (ICE) component supplier to a diverse mobility solutions provider, Tenneco is accelerating research and development (R&D) for electric ve...

07 Oct 2025  |  Global  |  Market Research

Strategic Analysis of TMD Friction, 2025–2030

TMD Friction is Driving Transformational Growth through Advanced Friction Materials and EV-Centric Innovation to Lead the Future of Sustainable Braking

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This profiling study highlights TMD Friction’s evolution as a global leader in high-performance braking solutions, with a stronghold across the OE and aftermarket segments. The company’s primary offerings encompass disc brake products and drum brake linings for both passenger vehicle and commercial vehicle segments. Backed by the trusted German ind...