1. 20 Jun 2024  |  Global  |  Market Outlook

    Global Connected Truck Telematics Outlook, 2024

    Empowering Connectivity and Maximizing Vehicle Uptime are Top Fleet Priorities as Efforts to Future-proof Transportation Intensify

    The 2024 Global Connected Truck Telematics Outlook analyzes the dynamic telematics landscape characterized by innovation, regulation, and collaboration across key global regions. As the commercial vehicle telematics industry evolves, leveraging the full potential of fleet management technologies will be imperative for stakeholders to drive efficien...

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  2. 20 Jun 2024  |  Global  |  Market Research

    Growth Opportunities in the Mexican Vehicle Subscription Market

    Electrified Vehicles Represent Growth Opportunities in a Nascent Market

    The Mexican vehicle subscription market is at a nascent stage, with a small set of competitors and a small number of light vehicles operating, despite forecasted growth based on the inclusion of electrified vehicles and strategies to reach clients and the inclusion of value-added services. With 1,857 units operating in 2023, the Mexican vehicle...

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  3. 13 Jun 2024  |  Global  |  Market Outlook

    Top 50 Predictions for the Global Automotive Market in 2024

    In 2024, the Automotive Market will Experience a 1.3% Increase in Global Sales of Light Vehicles, with the Top 5 Markets Accounting for 65% of All New Light Vehicles

    Frost & Sullivan s Business Strategy and Innovation Group specializes in research about current events, disruptive technologies, emerging trends, new forms of mobility, and megatrends influencing the mobility landscape. This report presents Frost & Sullivan s Top 50 predictions on the trends that will drive the global mobility industry in 2024. ...

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  4. 11 Jun 2024  |  Global  |  Market Outlook

    Global Automotive Aftermarket Outlook, 2024

    Rising Vehicle Ages, a Growing Average Annual Mileage, and an Expanding Vehicle Population Promise a Healthy Outlook in the Short Term

    In this research service, Frost & Sullivan has assessed the automotive aftermarket's performance for 2023 and identified various trends that influence demand for replacement parts, repairs, and maintenance. It has also examined qualitative and quantitative industry features. The study period is 2023 2028, with 2023 as the base year and 2024 2028...

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  5. 06 Jun 2024  |  Global  |  Market Outlook

    Global Electric Vehicle Charging Station Infrastructure Growth Opportunities and Outlook, 2024

    CPOs to Focus on Investments, Mergers, and Acquisitions

    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...

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  6. 05 Jun 2024  |  Europe  |  Market Research

    Growth Opportunities for Usage-based Insurance in Leasing and Rental Fleets in Europe, 2024 2028

    Unraveling the Efficacy and Implications of the Tech-powered Evolution of UBI in Fleets

    In the rapidly changing automotive landscape, disruptive technologies are paving the way for a multitude of customer conveniences, with usage-based insurance (UBI) emerging as a standout example. This innovative business model is revolutionizing how insurance companies, original equipment manufacturers (OEMs), and leasing and rental fleets collect ...

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  7. 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

    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...

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  8. 31 May 2024  |  Global  |  Market Outlook

    Global Light, Medium, and Heavy Commercial Vehicle Outlook, 2024

    Strong Sales in China to Compensate for Decline in Truck Market in North America and Europe

    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...

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  9. 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

    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...

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  10. 24 May 2024  |  Global  |  Market Outlook

    Global Automotive Outlook and Growth Opportunities, 2024

    OEM Integration and Generative AI will Ensure Greater Connectivity and Digitalization Despite Labor Shortage and Price Pressure

    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. ...

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