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12 Oct 2020  |  Latin America  |  Market Research
Analysis of ADAS Features in the Latin American (LATAM) Passenger Vehicle (PV) Market
The Introduction of Advanced Driving Assistive Systems (ADAS) is becoming Imperative Across Various Mid-size Segments in LATAM Markets
As the global automotive industry moves towards the development of fully autonomous vehicles and envisions a future without road accidents, the Latin American automotive market is making significant advances in the introduction of new advanced driving assistance features. Many Latin American countries have some of the most severe road fatality figu...
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28 Sep 2020  |  Global  |  Market Research
Digitization and New Business Models Powering the Global Construction and Mining Equipment Market, 2030
Convenience and Reduced Operational Costs Offered by Digital Services to Improve Equipment Utilization and Present Further Growth Opportunities
The global equipment industry is impacted by growing digitalization trends, trends in the used and rental equipment market, and urbanization. Construction contractors are leaning towards deploying both used and rental equipment as opposed to purchasing brand new ones due to lack of funding and government subsidies, and the liabilities associated wi...
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23 Sep 2020  |  Global  |  Market Research
Disruptive Technologies with Innovative Business Models Driving Platform and Architecture Strategies for AVs, 2020
Growth Potential Enhanced by 4-layered Platform Approach Toward CASE
The automotive industry is at a tipping point, with traditional business models being disrupted, changing the market dynamicsincreasing urbanization and congestion, tighter emission and safety regulations, evolving consumer expectations for digital features, and focus on user safety. The ecosystem is evolving at a rapid pace, not only through the ...
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21 Sep 2020  |  Latin America  |  Market Research
Connectivity Features Powering the Latin American Passenger Vehicles Market, 2020–2025
Future Growth in Connected Vehicles/Services to be Led by Multimedia, Infotainment, Instrument Panel, and HMI Solutions
The world is in a massive transformation phase, where digital solutions are being introduced in most of the key markets. The automotive industry is part of this transformation, launching new products, technologies, services, and interfaces. Automakers are no longer hardware makers, but evolving into technology companies. This new scenario is pushin...
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19 Aug 2020  |  Global  |  Market Research
Digital Business Models Mitigating COVID-19 Implications on Global Aftermarket Performance in 2020
Resilience From an Aging Vehicle Parc, Complemented By Digitization of the Value Chain to Usher in Post-pandemic Revival of the Automotive Aftermarket
This study evaluates the trajectories of global economic recovery in the aftermath of the pandemic and elucidates the medium-term impact of muted demand and supply on aftermarket revenues for 2020. Taking the long-term view, the study also underscores growth opportunities and evolving business models that, if leveraged on, will aid the aftermarketâ...
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18 Aug 2020  |  Global  |  Market Research
COVID-19 Growth Impact Assessment For the Commercial Vehicle Industry
Stakeholders to Focus on Digitalization, Resource Optimization, and New Growth Segments to Overcome Slowdown
COVID-19 has had a global impact, with governments resorting to national lockdowns and social distancing measures to mitigate the spread of the virus. The result is a large-scale drop in business confidence, consumer demand, and industrial production—leading to a global economic recession in 2020. The coronavirus outbreak has also heavily impact...
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20 Jul 2020  |  Global  |  Market Research
RNG Powering the Global Natural Gas Truck and Bus Market, 2020–2030
Governments to Develop/Expand the Fueling Infrastructure Presents Growth Opportunities
The medium duty (MD) and heavy duty (HD) truck and bus market will show strong recovery globally after a major dip in 2020 due to the COVID-19 crisis which will affect production as well as sales across regions. The crisis will also have a profound effect on the adoption of natural gas (NG) powered truck and buses, with China and Europe witnessing ...
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02 Jul 2020  |  Global  |  Market Research
Tier-I Suppliers Assessment in the Global Connected Cars Market, 2019–2025
Focusing on New Technologies Through Partnerships Key to Sustain Revenues, as Suppliers’ R&D Budgets are Affected Due to Demand Side Crisis
The market landscape of Tier-I suppliers is going through a transformation. Connected cars is the fastest-growing segment in the overall automotive market, driven by new technology solutions, business models, and services. Partnerships, collaborations, and mergers and acquisitions (M&As) will accelerate, as the market moves toward software and serv...
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12 Jun 2020  |  Global  |  Market Outlook
Global Light Commercial Vehicle Market Outlook, 2020
LCV Sales to Decline by 19.0% in 2020 Impacted by Global Recession Caused by the COVID-19 Outbreak at the Start of the Year
Global sales of light commercial vehicle (LCV) are expected to reach 9.49 million units in 2020, with pickups contributing to 4.62 million units. The share of North America (NA) in the overall LCV market stood at 35%, while China held a 25% share, in 2019. Impending disruptions due to Coronavirus 2019 (COVID-19) are expected to impact sales across ...
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09 Jun 2020  |  Global  |  Market Outlook
Global Medium/Heavy-duty Commercial Vehicle Market Outlook, 2020
A Global Recession, Induced by the COVID-19 Pandemic, is Expected to Reduce MD/HD Truck Sales by 28.5% Y-o-Y, with Moderate Recovery in the Latter Half of the Year
In 2019, global heavy-duty truck sales grew strongly in North America and South America and moderately in Europe and China, while declining in India. Currently, the COVID-19 pandemic is causing a wide-scale global supply chain disruption in all industries. The impact will be strongly felt across the US and European MD-HD markets, with a decline in ...
$4,950.00