Industries Market Research Reports

12 Jun 2020  |  Global  |  Market Outlook

Global Light Commercial Vehicle Market Outlook, 2020

LCV Sales to Decline by 19.0% in 2020 Impacted by Global Recession Caused by the COVID-19 Outbreak at the Start of the Year

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Global sales of light commercial vehicle (LCV) are expected to reach 9.49 million units in 2020, with pickups contributing to 4.62 million units. The share of North America (NA) in the overall LCV market stood at 35%, while China held a 25% share, in 2019. Impending disruptions due to Coronavirus 2019 (COVID-19) are expected to impact sales across ...

09 Jun 2020  |  Global  |  Market Outlook

Global Medium/Heavy-duty Commercial Vehicle Market Outlook, 2020

A Global Recession, Induced by the COVID-19 Pandemic, is Expected to Reduce MD/HD Truck Sales by 28.5% Y-o-Y, with Moderate Recovery in the Latter Half of the Year

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In 2019, global heavy-duty truck sales grew strongly in North America and South America and moderately in Europe and China, while declining in India. Currently, the COVID-19 pandemic is causing a wide-scale global supply chain disruption in all industries. The impact will be strongly felt across the US and European MD-HD markets, with a decline in ...

03 Jun 2020  |  Global  |  Market Outlook

Global Connected Truck Telematics Outlook, 2020

Delicate Global Economic Situation Due to the COVID-19 Pandemic Presents Precarious Market Conditions; Revival Likely in the Later Half of the Year

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The global COVID-19 pandemic and the subsequent recession like global economic slowdown has left governments and markets stumbling in a directionless chaos and uncertainty. In the midst of a lurking global recession catalysed by the uncontrolled spread of the COVID-19 virus, companies and leaders invariably fall short of prompt decision-making, sub...