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03 Nov 2021  |  Global

Strategic Profiling of New Age Electric Commercial Vehicle Start-Ups

Strong government incentives for EVs and aggressive corporate emission goals driving growth of new age electric vehicle start-ups

The current decade is expected to create new opportunities and more demand for greener powertrain alternatives. The biggest opportunities are seen in battery electric technology to expedite adoption for a cleaner and sustainable mobility. Over the last decade battery prices have fallen precipitously and are expected to reduce even further in the ne...

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28 Sep 2020  |  Global

Digitization and New Business Models Powering the Global Construction and Mining Equipment Market, 2030

Convenience and Reduced Operational Costs Offered by Digital Services to Improve Equipment Utilization and Present Further Growth Opportunities

The global equipment industry is impacted by growing digitalization trends, trends in the used and rental equipment market, and urbanization. Construction contractors are leaning towards deploying both used and rental equipment as opposed to purchasing brand new ones due to lack of funding and government subsidies, and the liabilities associated wi...

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23 Sep 2020  |  Global

Disruptive Technologies with Innovative Business Models Driving Platform and Architecture Strategies for AVs, 2020

Growth Potential Enhanced by 4-layered Platform Approach Toward CASE

The automotive industry is at a tipping point, with traditional business models being disrupted, changing the market dynamicsincreasing urbanization and congestion, tighter emission and safety regulations, evolving consumer expectations for digital features, and focus on user safety. The ecosystem is evolving at a rapid pace, not only through the ...

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19 Aug 2020  |  Global

Digital Business Models Mitigating COVID-19 Implications on Global Aftermarket Performance in 2020

Resilience From an Aging Vehicle Parc, Complemented By Digitization of the Value Chain to Usher in Post-pandemic Revival of the Automotive Aftermarket

This study evaluates the trajectories of global economic recovery in the aftermath of the pandemic and elucidates the medium-term impact of muted demand and supply on aftermarket revenues for 2020. Taking the long-term view, the study also underscores growth opportunities and evolving business models that, if leveraged on, will aid the aftermarket...

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18 Aug 2020  |  Global

COVID-19 Growth Impact Assessment For the Commercial Vehicle Industry

Stakeholders to Focus on Digitalization, Resource Optimization, and New Growth Segments to Overcome Slowdown

COVID-19 has had a global impact, with governments resorting to national lockdowns and social distancing measures to mitigate the spread of the virus. The result is a large-scale drop in business confidence, consumer demand, and industrial production—leading to a global economic recession in 2020. The coronavirus outbreak has also heavily impact...

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20 Jul 2020  |  Global

RNG Powering the Global Natural Gas Truck and Bus Market, 2020–2030

Governments to Develop/Expand the Fueling Infrastructure Presents Growth Opportunities

The medium duty (MD) and heavy duty (HD) truck and bus market will show strong recovery globally after a major dip in 2020 due to the COVID-19 crisis which will affect production as well as sales across regions. The crisis will also have a profound effect on the adoption of natural gas (NG) powered truck and buses, with China and Europe witnessing ...

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02 Jul 2020  |  Global

Tier-I Suppliers Assessment in the Global Connected Cars Market, 2019–2025

Focusing on New Technologies Through Partnerships Key to Sustain Revenues, as Suppliers’ R&D Budgets are Affected Due to Demand Side Crisis

The market landscape of Tier-I suppliers is going through a transformation. Connected cars is the fastest-growing segment in the overall automotive market, driven by new technology solutions, business models, and services. Partnerships, collaborations, and mergers and acquisitions (M&As) will accelerate, as the market moves toward software and serv...

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12 Jun 2020  |  Global

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

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 ...

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09 Jun 2020  |  Global

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

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 ...

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03 Jun 2020  |  Global

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

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...

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