1. 10 Aug 2022  |  Global

    Global Medium- and Heavy-duty Commercial Vehicle Aftermarket Outlook, 2022

    Average Miles Driven and Spend per Vehicle to Rise Sharply and Result in Transformational Growth

    In 2021, the aftermarket rebounded strongly from the COVID-19 pandemic of 2020, as vehicles in operation (VIO), average miles driven, and spend per vehicle increased. However, parts shortages remain a year after the global economy has reopened, and the skilled labor shortage of truck drivers and service technicians is approaching critical levels. T...

  2. 10 Aug 2022  |  Latin America

    Colombia Business Outlook

    Infrastructure Development, Technological and Social Initiatives, and Demonstrated Resilience During the Pandemic Invite Investment

    For technology companies looking to expand their presence in the Latin America-Caribbean region, Colombia makes a compelling case. Before the 2020 pandemic, the country’s economy had been enjoying consistent growth rate of nearly 4% for over 50 years. Since then, continuous inflows of foreign direct investment have buoyed job creation and econo...

  3. 08 Aug 2022  |  South Asia, Middle East & North Africa

    Indian Passenger Vehicle Outlook, 2022

    Future Growth Potential of OEMs with Strong Global Technology, R&D Capabilities, and Access to a Large Supplier Base is Higher

    The Indian passenger vehicle industry had seen strong growth over the years by addressing various customer requirements through the adoption of various technologies and innovative business models. OEMs with state-of-the-art R&D capabilities, a large-scale customer database, and ready to address customer requirements using robust technology will be...

  4. 30 Jun 2022  |  Global

    Global Automotive Outlook, 2022

    Automotive OEMs Prioritizing Supply Chain Recalibration, Digital Transformation, and Sustainability to Accelerate Growth

    Rebounding from the pandemic-related disruptions of 2020, the global automotive industry registered a healthy 5.3% increase in sales, with 81 million in unit sales in 2021. Toyota led global OEM sales, recording a growth rate of 13.9%, selling 9.9 million units. Despite the positive recovery trends in the global economy and vehicle sales, the Ru...

  5. 27 Jun 2022  |  North America

    Global Coach and Bus Growth Outlook, 2022

    Strong Growth for Zero Emission Buses in Europe and North America but Global Bus Market to Shrink Due to China

    The COVID-19 pandemic continued to have a global impact in 2021, with transit and bus operators facing financial constraints as daily commuting declined and people shifted to personalized transport to avoid infections. However, with vaccination drives underway, ridership is likely to increase in 2022. India and Latin America are candidates for stro...

  6. 21 Jun 2022  |  Global

    Global Oil and Gas Outlook, 2022

    Energy Transition, Decarbonization, Digitalization, and New Business Models Drive Industry Transformation

    The oil and gas industry recovered strongly in 2021 after recording an all-time low in 2020 due to the COVID-19 pandemic. Oil prices in 2021 increased by 70.5% and reached a yearly average of $67.7 per barrel. Amid the geopolitical chaos and Russo-Ukrainian, the oil price rose to $117 per barrel in Q1 2022. Despite the better-than-expected recovery...

  7. 13 Jun 2022  |  North America

    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...

  8. 10 Jun 2022  |  Global

    Global Connected Truck Telematics Outlook, 2022

    Mergers and Acquisitions Continue to Drive Transformational Growth as Stakeholders Prioritize Last-Mile Delivery, Freight Visibility, and Electric Vehicle Telematics

    In the 2021 outlook study, Frost & Sullivan predicted strategic mergers and acquisitions (M&A) in the global connected truck telematics market to involve participants from various industries, including transport service providers (TSP), original equipment manufacturers (OEM), Tier I suppliers, and key technology participants. This 2022 outlook stud...

  9. 08 Jun 2022  |  North America

    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...

  10. 02 Jun 2022  |  Global

    Global Connected Cars Outlook, 2022

    Human-Machine Interface Developments for Enhanced In-Vehicle Experiences Create New Growth Opportunities

    The automotive industry is undergoing a massive transformation as automakers transition from hardware manufacturers to technology companies. This Frost & Sullivan study aims to provide insights into the new decade's challenges and technological innovations that will reshape the automotive industry, particularly in the connected cars space. Automake...