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13 Jun 2022  |  North America  |  Market Outlook
Global Electric Vehicles Outlook, 2022
Competitive Intensity of Leading Manufacturers will Lead to more than 11.1 Million EVs Sold Globally
In 2021, of 6.7 million units sold, 70.7% were BEVs, and 29.1% were PHEVs. Global EV penetration increased from 4.4% in 2020 to 8.8% in 2021. APAC recorded a 151.7% YoY growth, the highest among others, helping it widen the gap between itself and Europe in 2021. Tesla retained the leadership with sales of 936,172 units, followed by the VW Group wit...
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08 Jun 2022  |  North America  |  Market Outlook
Global Automotive Aftermarket Outlook, 2022
Aging Vehicle Population Will Be a Primary Driver for Replacement Demand in the Aftermarket
The automotive aftermarket 2022 outlook report examines the qualitative and quantitative aspects of the automotive aftermarket in 2021 by evaluating its performance and identifying the various trends that impacted demand for replacement parts, repair, and maintenance, particularly in the aftermath of the COVID-19 outbreak in 2020. It does an indept...
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07 Jun 2022  |  North America  |  Customer Research
Growth Opportunities for Communications, Collaboration and Contact Center Solutions in the Retail Industry
Rich-media Collaboration, Omnichannel Contact Center, UCC Integration with Vertical-specific Solutions Help To Serve Customers Efficiently
Retail sales are an important economic indicator because consumer spending reflects the strength of an economy and its fundamentals. Retailers are expected to invest in transformative technologies to prepare for unexpected events, new emergencies and build resilience. Currently, among the primary focal areas for retailers is to build e-commerce cap...
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12 May 2022  |  North America  |  Customer Research
Growth Opportunities for Global Travel and Hospitality Customer Engagement
Transformational Growth for Digitally-enabled Destinations and Experiences in the Post-pandemic Scenario
Customer service underpins success in the travel and hospitality (T&H) industry. Undoubtedly, more than in any other industry, the voice of the customer expressed in rankings and reviews takes a prominent role. T&H organizations are streamlining several internal processes (including mobile and digital touchpoints) and empowering customers with a...
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10 May 2022  |  North America  |  Market Outlook
Global Light, Medium, and Heavy Commercial Vehicle Outlook, 2022
Plummeting Demand in China will Contribute to a Contraction in Medium- and Heavy-duty Truck Sales
All regions except for China (which contributes annual sales volumes averaging about 40%) witnessed growth in commercial vehicle sales in 2021, indicating a return to normalcy after a dismal 2020. Despite COVID-19 virus surges in some places, the overall sentiment for the year remained positive. Frost & Sullivan expects the global market to grow ev...
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10 May 2022  |  North America  |  Market Outlook
Global Passenger Car and Light Commercial Vehicle Powertrain Growth Outlook, 2022
Emission Reduction and Fuel Economy Requirements Continue to Steer the Industry Toward Electrification
With concern about global warming increasing with each passing day, a primary focus of governments and the automotive industry has shifted from improving fuel economy to reducing emissions. Fuel economy has become secondary. Powertrain electrification initiatives have intensified, while efforts to improve in-cylinder process and exhaust aftertreatm...
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04 May 2022  |  North America  |  Market Outlook
Central American and Caribbean Automotive Outlook, 2022
The Region has Recovered Swiftly from the COVID-19 Pandemic, and Some Countries are Expected to Rebound to Pre-pandemic Sales Numbers in 2022
This Frost & Sullivan outlook analyzes the Central American and Caribbean automotive industry, with a focus on the passenger vehicles (light vehicles, in particular) market in Panama, Jamaica, Trinidad and Tobago, Costa Rica, the Dominican Republic, Guatemala, El Salvador, and Honduras. The study provides historical PV sales data for each of the af...
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03 May 2022  |  North America  |  Market Outlook
Global Advanced Driver Assistance Systems (ADAS) and Autonomous Driving (AD) Industry, Outlook 2022
Future Growth Potential Enhanced by Opportunities in Assisted, Piloted Driving and Automated Vehicle Parking Features
The automotive industry is among the most affected by the COVID-19 pandemic and the ongoing semiconductor shortage. The resulting economic crisis impacted overall vehicle sales, leading to a delay in value chain components supply and technology introduction and a shift in consumer preferences. Original equipment manufacturers (OEMs) and value ch...
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26 Apr 2022  |  North America  |  Market Outlook
North American Power & Energy Outlook, 2022
Disruptive Technologies and Innovative Business Models Will Boost Decarbonization and the Digital Sustainability of Supply Chains
After a challenging year in 2020, the year 2021 redefined the global energy industry in many ways. The world witnessed rising concern about climate change and demand for sustainable solutions and processes. Following the latest COP summit, more than 100 countries have pledged commitment to net-zero emissions by 2050. In North America, Canada announ...
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22 Apr 2022  |  North America  |  Market Outlook
Global Shared Mobility Outlook, 2022
Service Diversifications, Disruptive Technologies, and Competitive Intensity to Power the Shared Mobility Market in 2022
The COVID-19 pandemic has completely changed the way we travel. Though work commute and trips to public transport stations/stops are still 15% less than pre-pandemic levels, there is a significant shift in mobility demand. Trips to shopping malls, parks, and supermarkets have increased 10% or more when compared to the baseline levels; this, in turn...
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