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  1. 11 Dec 2020  |  South Asia, Middle East & North Africa  |  Market Research

    Intense Competition among Dealers and Distributors Reshaping the Gulf Cooperation Council (GCC) Bus Industry

    Government Efforts and Initiatives to Develop Infrastructure and Boost Tourism Fuel Growth Strategies

    The GCC bus industry is expected to grow at a compound annual growth (CAGR) of 3.6% by 2025. Industry sales have been severely impacted by the economic downturn, resulting from decline in oil prices due to the OPEC Agreement. Moreover, the COVID-19 pandemic is having a major effect on GCC bus industry sales, which are estimated to decline by 19% in...

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  2. 07 Dec 2020  |  South Asia, Middle East & North Africa  |  Market Research

    Safety Mandates Transforming Indian Automotive, 2020

    India Follows Global Safety Systems With the Introduction of New Active and Passive Safety Mandates through Bharat New Vehicle Safety Assessment Program (BNVSAP)

    The automotive industry is at a tipping point, with factors such as increasing urbanization and congestion, shifting consumer behavior toward connectivity, transition toward electric vehicles, and many more disrupting the changing dynamics of the market. One such factor that has garnered attention across the globe is the rising focus on reducing ro...

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  3. 24 Nov 2020  |  Global  |  Market Research

    Post-Pandemic Growth Opportunity Analysis of the Connected Truck Telematics Industry

    Telematics to Play a Crucial Role as a Productivity Tool During the Pandemic to Sustain Vehicle and Business Efficiency

    Commercial vehicle manufacturers have been affected by steep reductions in sales in 2020. Medium-duty truck sales have fallen by 19.2%, and heavy-duty trucks have dipped by 31.1% from 2019 levels. Nationwide lockdowns and temporary stoppages in commercial transport operations have left fleets floundering, both financially and operationally. Burdene...

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  4. 09 Nov 2020  |  Global  |  Market Research

    Technology Development Strategy Driving Waymo’s Innovative Business Models, 2020

    Waymo’s In-house Technological Innovations and Strategic Partnerships Will Continue to Upend the Traditional Automotive Industry

    By the beginning of this decade, the term 'autonomous vehicles' had become familiar to the layman. Since the global COVID-19 pandemic, the automotive industry has been in a state of dichotomy. There is a clear realization that past predictions of launching fully autonomous vehicles by 2020 will not materialize; however, collective milestones in the...

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  5. 03 Nov 2020  |  South Asia, Middle East & North Africa  |  Market Research

    Innovative Cloud-based SaaS Business Models Driving the GCC Connected Trucks Telematics Market, 2022

    With Improved Technological Enhancements, Future Growth Potential is Expected to Remain Optimal Despite Volatile Economic Conditions

    The connected trucks telematics market in the Gulf Cooperation Council (GCC) region is poised for a slow growth due to perilous economic conditions. The market—in an economy hit by the double impact of the ongoing Coronavirus 2019 (COVID-19) pandemic and the slump in oil prices—is dominated by local aftermarket participants, while OEM suppliers...

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  6. 27 Oct 2020  |  Global  |  Market Research

    Post COVID-19 Growth Opportunities in the Global Medium/Heavy Commercial Vehicle Aftermarket, 2020

    Telematics Growth Allows Suppliers to Participate in New Sales Platforms

    The COVID-19 pandemic will affect industries worldwide, but few can feel it as directly as the global commercial vehicles aftermarket. The collapse of economic activity in many regions means companies will drive their work trucks less, and they will spend less to maintain them. The aim of this study is to identify the size of the global commercial ...

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  7. 21 Oct 2020  |  South Asia, Middle East & North Africa  |  Market Research

    Innovative Business Models to Invigorate the Indian Automotive Aftermarket, 2026

    The Competitive Intensity of a More Organized Independent Aftermarket is Set to Take OESs’ Share of Business

    This research service analyzes the Indian passenger and small commercial vehicles aftermarket, the aftermarket's future outlook, and the opportunities it offers to various participants in the value chain. The base year for the analysis is 2019, and the forecast period is 2020 to 2026. The study discusses the impact of various factors—economic cl...

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  8. 21 Oct 2020  |  Global  |  Market Research

    COVID-19 Impact Assessment, Recovery Road, and Growth Opportunities for the Global Two-wheeler Industry, 2019–2025

    Transformational growth of 2W sales will ensure an aggressive rebound at 17.5%, by 2021

    COVID-19 has brought the two-wheeler industry to a screeching halt. Governments across the world were forced to institute lockdowns on commercial and personal life for nearly two months. The automotive industry took the biggest hit as the global supply chain had to come to a halt. With customers not purchasing new vehicles, the two-wheeler (2W) ind...

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  9. 13 Oct 2020  |  Global  |  Market Research

    Analysis of the Transformational Trends and Digital Disruption Reshaping Global Container Shipping Industry

    Fleet Restructuring, Supply Chain Diversification, Emission Regulations, and Digitalization are Aiding Transformations in Container Shipping Growth Strategies

    Container trade volume accounted for nearly 15% of global seaborne trade, with throughput estimated at 801 million TEUs in 2019. Mid-sized and smaller vessels serve as the backbone for most of the trade lanes due to their operational flexibility. The unprecedented global COVID-19 pandemic crisis has hammered the trade flow worldwide and allowed the...

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  10. 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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