Industries

In 2023, there were about 750,000 charge points across Europe, of which 84.4% were AC charging points and 15.5% were DC charging points. The Type 2 connector type dominated the European EV infrastructure sector, accounting for almost 75%. CCS2 was widely adopted for DC charging points in Europe. Unlike North America, Europe is not dominated by a si...

31 May 2024  |  Global  |  Market Research

Growth Opportunities in the Excavators and Loaders Industry, 2024 2030

Excavators & Loaders Market Long-Term Growth Driven by Electrification, Smart Equipment, and Business Model Transformation

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Excavators and loaders are versatile machines used in road and infrastructure projects, residential and commercial building construction, and mining operations. The industry has grown significantly in recent years, with a global market size of $55.68 billion in 2023. Frost & Sullivan projects a 5.2% compound annual growth rate (CAGR) to reach $79.4...

Both China and Europe experienced significant growth in LCV and M&HD truck sales in 2023, mainly driven by a low base affect. Other emerging markets faced a challenging year, with India and ASEAN specifically contracting in LCV sales and with LATAM s M&HD truck sales declining substantially in 2023. After a difficult 2022, Chinese OEMs reemerged in...

30 May 2024  |  Global  |  Market Research

Growth Opportunities in the South African Connected Truck Telematics Industry

Despite Multiple Local Challenges and Geopolitical Uncertainties, South Africa Presents Significant Growth Opportunities in the Light Commercial Vehicle Segment

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South Africa's commercial vehicle telematics industry exhibits significant growth potential, particularly in the basic track-and-trace segment. With the integration of affordable enhancements, opportunities to expand into mid-tier and advanced solutions will open up. In addition to the ongoing energy and utilities challenges, governmental regulator...

In 2023, the global light vehicle industry experienced a 6.5% growth, driven by economic recovery and resolved semiconductor chip supply chain challenges. China, the United States, India, Japan, and Germany experienced positive growth. China took the lead with 11% YoY growth in vehicles sold. Of the 14.1 million EVs sold in 2023, 70% were BEVs. ...

The European automotive in-vehicle display industry is transforming technologically as many original equipment manufacturers (OEMs) introduce advanced infotainment systems with each new model launch. The rising demand for comfort, convenience, safety, and security has propelled the market for cars equipped with advanced in-vehicle display features ...

20 May 2024  |  Global  |  Market Outlook

Global ADAS and Autonomous Driving Outlook and Growth Opportunities, 2024

Automated Parking and Increased Penetration of Eyes-off Driving Technologies Will Ensure Future Growth Potential of the Autonomous Driving Industry

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The automotive industry faces many challenges, such as regulatory hurdles, semiconductor shortages, and geopolitical chaos. Original equipment manufacturers (OEMs) and value chain partners are realigning their product strategies, road maps, and launch timelines to adapt to these challenges. They have rerouted investments to develop and deploy hands...

The global two-wheeler (2W) industry comprising motorcycles, scooters, and mopeds is a dynamic space fueled by various factors. It has recorded remarkable growth in recent years, driven by the urbanization boom, rising disposable income, and personal mobility needs. In addition, legacy 2W participants are introducing new models with updated and adv...

Globally, evolving work environments and shifting industry structures have changed consumer preferences in urban mobility. Cities have become more proactive about rethinking their transportation networks to make them more flexible and sustainable. Innovative solutions are necessary to meet citizens needs, ensure integrated and efficient transporta...