Industries

26 Dec 2024  |  Global  |  Market Research

Construction and Mining Equipment Electrification Industry, Global, 2024-2035

Sustainability Targets are Driving Transformational Growth

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Electrification in the construction and mining industry has grown significantly in recent years, with the global market size of original equipment manufacturers reaching $241.2 billion in 2023. Unit sales in electric and hybrid models reached 59,909 units in 2023, and Frost & Sullivan projects a 16.5% compound annual growth rate (CAGR), reaching 37...

23 Dec 2024  |  Global  |  Market Research

CO2 Emissions Life Cycle in the Fuel Cell Electric Truck Sector, Europe, 2024-2040

Clean H2 Production Sources will Drive Transformational Growth by Significantly Reducing CO2 Emissions

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This Frost & Sullivan report examines the carbon dioxide (CO2) emissions of fuel cell electric trucks (FCETs), focusing on hydrogen as a fuel option for the trucking industry in Europe, specifically Germany, France, and Spain. The report analyzes the potential of hydrogen to mitigate life cycle emissions compared to conventional fuels. It explores ...

Recent cutbacks in EV investments due to lower consumer interest and higher raw material prices can boost alternative ICE vehicles, such as H2ICE, with lower price premiums that consumers can readily adopt in the short-to-medium term. ICEs running on hydrogen require minimal modifications and offer good customer value. These fuels can be made avail...

The Mobility Technology Opportunity Engine (TOE) provides profiles of innovations related to Integrated Sustainability Technology for Automotive Evolution, Cloud-powered Autonomous Fleet Management, EV Charging Mapping Platform, Digital Twin-based Fleet Optimization Platform, Electric and Hydrogen Technology-powered Sustainable Urban Mobility Solut...

19 Dec 2024  |  Global  |  Market Research

Electric Bus OEM Lightweighting Strategies, Global, 2024-2030

The Electric Bus Market is Experiencing Transformational Growth Due to Mandates for Zero-emission Public Transportation

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As demand for sustainable public transportation increases, the lightweighting of electric buses is emerging as a critical focus area for bus manufacturers and fleet operators. By reducing vehicle weight, electric buses can enhance energy efficiency, extend range, and improve overall performance, aligning with global efforts to reduce carbon emissio...

19 Dec 2024  |  Global  |  Market Research

Growth Opportunities in the BaaS Market, 2024-2030

Reduced Upfront Costs and Swapping Time Enabled by BaaS Models Drive Station Installations

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Transportation is a major contributor to global carbon dioxide emissions. As a result, governments worldwide are pushing for sustainable transportation. This has led to electric mobility becoming an integral part of daily lives due to the rapid adoption of new energy vehicles. However, the total cost of owning an electric vehicle (EV) has signific...

16 Dec 2024  |  Global  |  Market Research

Connected Off-highway Equipment Market, Global, 2024–2030

The Market is Experiencing Transformational Growth Mainly Due to Customer Preferences and Data-driven Decisions

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The construction, mining, and agricultural equipment industries comprise high-cost equipment that addresses specific requirements and applications; however, these equipment accumulate significant operational and maintenance costs throughout their life cycles. While equipment utilization used to be a concerning metric, the growing labor shortage, re...

The OHW industry has always relied on retrofit solutions to prolong equipment life cycles, meet emission standards, and improve operating efficiency. During the past decade, several developments have happened in OHW retrofit solutions. The increasing cost of new retail equipment is breaking entry barriers for start-ups offering application-specific...

This Frost Radar™ highlights seven start-ups actively engaged in testing and developing Level 4 autonomous trucks in the United States and Europe to alleviate driver shortages and reduce accidents while making truck transportation more efficient. The analysis includes an overview of each company’s product offerings, research and development endeav...