Industries

22 Nov 2021  |  North America  |  Market Research

Mexican Light Vehicle Leasing Growth Opportunities

Flexible Leasing Plans Impact Customer Experience and Represent a Key Growth Strategy

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Vehicle leasing can be a solution to the growing number of challenges companies face concerning their mobility needs. These include challenges associated with vehicle funding, fleet maintenance, and, more importantly, residual risk handling. Businesses seek to focus on their core products/services and outsource support activities. Mobility is a sig...

With the growing electrification of vehicles across the globe, there has been increased demand for electric vehicles, especially electric two-wheelers, as they are the fastest growing transport mode in most developing countries. Further, the COVID-19 situation has also forced commuters to avoid public transport and transition toward personal mobili...

In 2020 the adoption of Electric Vehicles (EVs) accelerated across the world, particularly in Europe and the US. This growth was driven by heavy incentivization to promote EV sales and boost the overall automotive market. Global EV penetration in 2020 was 4.8%. In Europe it was 9.7%, and in the US, it was 2.3%. This rapid growth has sustained into ...

Latin America is going through challenging times with isolation measures and economic difficulties due to COVID-19. The global microchip shortages and the closure of regional automotive factories impacted new car sales, and stimulated the rise of their prices. It also provoked the increase of used car sales and prices in the region. In 2020, 18.5 m...

The rising demand for cleaner vehicles to mitigate the effects of climate change by reducing greenhouse gas emissions pushes governments at federal and state levels and city municipals in North America and Europe to move quickly toward policies favoring electric vehicle (EV) adoptions. Major European cities are forecast to ban diesel vehicle entry ...

28 Oct 2021  |  North America  |  Market Research

2030 Vision of the Automotive Industry

More than 40 Million Electric Vehicles, 18 Million Highly Autonomous Vehicles, and $1.37 Trillion in Shared Mobility Opportunities to Complement Connected Car Growth

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The automotive ecosystem is changing rapidly with new business models and connected, autonomous, shared, and electric (CASE) mobility trends. Subtrends and service markets related to these Mega Trends are shaping the industry’s future and creating new business opportunities for original equipment manufacturers (OEM), suppliers, mobility participant...

26 Oct 2021  |  North America  |  Market Research

North American Used Car Growth Opportunities

Lack of New Cars for Sale and Demand for Digital and Contactless Services Influence Growth Strategies

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The COVID-19 pandemic and global shortages of microchips have had a huge negative impact on the North American used car market (the United States and Canada). Factories and dealerships remained closed during lockdowns, which stalled car production and sales. After they reopened, the lack of microchips interrupted car production once more. Although ...

To meet international climate targets and develop sustainable zero-emission technologies, the mobility industry is expediting the transition to powertrain electrification to gradually reduce dependence on diesel powertrains. Governments and global vehicle manufacturers are evaluating various pathways to achieve carbon neutrality, with investments a...

12 Oct 2021  |  North America  |  Market Research

Global Off-Highway Fuel Cell Electric Equipment (FCEE) Growth Opportunities

Strategic Partnering, Innovative Fuel Cell Concepts, and the Integration of Production, Storage, and Refueling are Top Growth Strategies

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Key Issues Addressed

Hydrogen is turning out to be a very good alternative to fossil fuels. A wide range of industries are developing hydrogen fuel cell technologies for different applications. Mobility is one of the top industries where hydrogen fuel cell can be used to reduce carbon emission. Hydrogen fuel cell powertrains in the off-highway industry will compete wit...