Automotive

The Latin American automotive industry continues to grow, despite COVID-19, scarcity of resources and auto parts, the Russo-Ukrainian War, inflation, and exchange rates affecting vehicles’ availability and prices. With 4.4 million units sold and a slow recovery from the pandemic, Latin American automotive expanded by 2.7% in 2022. Ecuador showed...

This study covers the replacement filters aftermarket for passenger cars and light commercial vehicles across North America in terms of volume (million units) and value ($ million). The objective is to discuss unit shipments, revenue, manufacturer-level prices (MLPs), distribution channels, and market share. The study period is 2019 to 2029 with fo...

The global two-wheeler industry has experienced remarkable growth in recent years, driven by increasing urbanization, rising income levels, and growing demand for personal mobility. Several economic and environmental factors, such as increasing fuel prices and economies shifting to greener and sustainable transportation to decrease the carbon footp...

Advanced driver assistance systems (ADAS) and autonomous vehicles (AVs) use radars as an integral part of the perception sensor suite to gather surrounding information and make logical decisions through artificial intelligence-based sensing and perception algorithms for autonomous driving features. Adaptive cruise control, automatic emergency br...

This study provides an analysis of the global off-highway equipment sector with focus on the construction, mining, and agriculture segments. Discussions include predictions for 2023, major market trends, market measurements by region, (United States, Europe, Asia [India and China], and the Rest of World), and top growth opportunity areas. In 20...

Despite disrupting sales and profitability in many markets, the COVID-19 pandemic has ignited minds to build a safer and more convenient environment. The connected automotive industry is making the best of the situation through trending use-cases that will build the new normal across consumer segments. Frost & Sullivan's 'Voice of Customer: In-car ...

12 Apr 2023  |  North America  |  Market Research

Electric Off-highway Equipment Growth Opportunities

Innovative Business Models, Data Sharing, and Partnerships for Component Standardization Hold Potential

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Sustainability targets and the preference for lower equipment operation cost (and availability) ensure benefits across the global off-highway equipment value chain, as they encourage the adoption of alternative powertrains and electrification of equipment models. The various requirements for electrification, which include charging infrastructure, a...

Recreational vehicles (RVs) are increasingly popular across Europe for the freedom, flexibility, comfort, and convenience of a house for travel, camping activities, and temporary accommodation. The growing RV market is attributed to the ever-expanding demand to travel in comfort and style. Motorhomes are the most popular type of RVs, followed by ca...

The on-demand business model in the automotive industry is revolutionizing the way customers subscribe to a particular service offered by OEMs. The model allows customers to activate or deactivate a service according to their regional (or custom) requirement. The subscription offered by automakers can be on a monthly, yearly, hourly, per kilometer ...