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04 Aug 2021  |  North America  |  Market Research
Global Vehicle Leasing Outlook, 2021
Future Growth Potential of Vehicle Leasing due to Emerging Opportunities in Electric and Light Commercial Vehicle Leasing
Vehicle leasing is seen as a solution to the growing problems faced by companies for their mobility needs, including vehicle funding, fleet maintenance, and residual risk handling. Big corporates and businesses, in current market conditions, are focused on their core products and services and would like to outsource all other support activities. Mo...
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03 Aug 2021  |  Global  |  Market Outlook
Global Automotive Outlook, 2021
Global Light Vehicle Sales are Expected to Rebound in 2021 and Witness a Healthy 8% Growth, Setting the Stage for the Industry to Overtake 2019 Levels by 2023
2020 was a defining year for the mobility industry in many ways. After a challenging 2018 and 2019, the pandemic threw the industry into a tailspin that saw global automotive sales falling to record lows in the first half of 2020. Several business models stuttered, and revenues hit a downward spiral. However, stakeholders have shown greater resilie...
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20 Jul 2021  |  North America  |  Market Outlook
Global Electric Vehicle Outlook 2021
Global EV Penetration will Increase from 4.5% in 2020 to 6.1% in 2021
In 2020, 3.2 million units were sold, of which 69.4% were Battery Electric Vehicles (BEVs) and 30.3% were Plug-in Hybrid Electric Vehicles (PHEVs). Europe emerged as a market leader with 43.3% market share for the first time in the history, overtaking China with 41.0%. Global EV penetration increased from 3.4% to 4.5% in 2020. Europe also recorded ...
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15 Jul 2021  |  Asia Pacific  |  Market Research
ASEAN Mobility Start-Up Growth Opportunities
The Development of Electric Powertrain, Shared Mobility Service, Mobility-as-a-Service, and Autonomous Driving Power Future Growth Potential
This study assesses the mobility start-up market in ASEAN countries, focusing on Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. It profiles 10 mobility start-ups in ASEAN. Each company profile covers a company overview, offerings, and value propositions; and provides a strengths, weaknesses, opportunities, and threats (SW...
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14 Jul 2021  |  North America  |  Market Research
North American Light Commercial Vehicle Growth Opportunities
The Overall LCV Market in North America is Expected to Grow to 5.0 Million Units by 2025, with New Product Development in EVs Helping it Achieve a Penetration of 6.2%
The overall light commercial vehicle (LCV) market in North America was at 3.74 million units in 2020 with pickups contributing 88% of those volumes. Within the LCV segment, the lower weight segment, class 1/2a (
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13 Jul 2021  |  South Asia, Middle East & North Africa  |  Market Research
GCC Light Vehicle Aftermarket Outlook, 2021
Innovative Business Models Propels Future Growth Potential
In 2020, the Gulf Cooperation Council (GCC) region faced significant challenges due to the COVID-19 pandemic and oil price crash. Gross domestic product (GDP) in GCC nations contracted by 5%–10% in 2020. The GCC population dropped by 3%–5% due to expatriate exodus. Every industry and sector faced multiple disruptions. The GCC light vehicle aftermar...
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12 Jul 2021  |  Europe  |  Market Research
Denmark Light Vehicle Leasing Growth Opportunities
Digital Sales Channel Development-Led Used Car and Electric Vehicle Leasing are Key Market Growth Areas
Companies view vehicle leasing as a solution to the growing number of challenges they face in their mobility needs. These include challenges associated with vehicle funding, fleet maintenance, and, more importantly, residual risk handling. Businesses focus on their core products or services and seek to outsource support activities. Mobility is a si...
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12 Jul 2021  |  Europe  |  Market Research
Sweden Light Vehicle Leasing Growth Opportunities
Customer Experience Driven by Digital Business Models Creates New Growth Opportunities
Companies view vehicle leasing as a solution to the growing number of challenges they face in their mobility needs. These include challenges associated with vehicle funding, fleet maintenance, and, more importantly, residual risk handling. Businesses focus on their core products or services and seek to outsource support activities. Mobility is a si...
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09 Jul 2021  |  Global  |  Market Outlook
Global Off-highway Vehicle Industry Outlook, 2021
Key Trends and Opportunities that will Aid Recovery of the Off-Highway Vehicle Market in 2021 and Beyond
Though many regions are grappling with the impact of the COVID-19 pandemic, some have recovered earlier than the rest, to resume construction, farming, and mining operations due to recovering economies, and key OEMs are targeting those recovered markets to release their customized product designs as per regional demands and trends. This research in...
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09 Jul 2021  |  Global  |  Market Research
Global Automotive Virtual Reality Growth Opportunities
Premium Automakers Will Implement VR in Vehicles First; Operational, Functional, and Safety Related Constraints Will Challenge Adoption in the Future
Virtual Reality (VR) is an advanced immersive technology used in industries, such as healthcare, gaming, smartphone, and manufacturing, for a wide range of use cases to enhance user productivity and to provide high-definition entertainment services. The automotive industry has been experimenting with VR in manufacturing facilities and dealer showro...
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