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09 Sep 2021  |  Global

Global Medium/Heavy Commercial Vehicle Aftermarket Outlook, 2021

Average Miles Driven and Spend Per Vehicle to Rise Sharply, Resulting in Transformational Growth

The COVID-19 pandemic has affected industries worldwide, but few felt it as directly as the global commercial vehicles aftermarket. The collapse of economic activity in many regions reduced the number of trucks on the road and average miles driven. It also has caused a skilled labor shortage of truck drivers, repair technicians, and other workers n...

USD 4,950.00
27 Aug 2021  |  Asia Pacific

ASEAN Automotive Outlook, 2021

Competitive Intensity is Concentrated in Low-cost Green Cars and Electric Vehicles; Political Stability will Affect the Automotive

In 2020, due to the COVID-19 pandemic, the Association of South East Asian Nations (ASEAN) automotive market experienced a significant sales decline of 28.5%, from a total sales of 3.5 million units in 2019 to 2.5 million units in 2020. Passenger Vehicles (PVs) constituted 63.9% of the market and Commercial Vehicles (CV) accounted for 36.1%. Of the...

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17 Aug 2021  |  Asia Pacific

Thailand Automotive Outlook, 2021

Thailand Accounted for the Highest Automotive Sales in ASEAN in 2020. Chinese OEMs are Focused on Geographic Expansion and Competitive Intensity in the Country

Thailands TIV dropped by 21.4% in 2020 when compared to 2019. Sales is projected to increase by 8.7% (YoY growth rate) in 2021 to 861,000 units. The commercial vehicle (CV) segment continues to dominate with a 56.6% share, and it is projected to reach 57.3% in 2021, driven by government stimulus measures in response to the pandemic. Diesel powertra...

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03 Aug 2021  |  Global

Global Automotive Outlook, 2021

Global Light Vehicle Sales are Expected to Rebound in 2021 and Witness a Healthy 8% Growth, Setting the Stage for the Industry to Overtake 2019 Levels by 2023

2020 was a defining year for the mobility industry in many ways. After a challenging 2018 and 2019, the pandemic threw the industry into a tailspin that saw global automotive sales falling to record lows in the first half of 2020. Several business models stuttered, and revenues hit a downward spiral. However, stakeholders have shown greater resilie...

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20 Jul 2021  |  North America

Global Electric Vehicle Outlook 2021

Global EV Penetration will Increase from 4.5% in 2020 to 6.1% in 2021

In 2020, 3.2 million units were sold, of which 69.4% were Battery Electric Vehicles (BEVs) and 30.3% were Plug-in Hybrid Electric Vehicles (PHEVs). Europe emerged as a market leader with 43.3% market share for the first time in the history, overtaking China with 41.0%. Global EV penetration increased from 3.4% to 4.5% in 2020. Europe also recorded ...

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09 Jul 2021  |  Global

Global Off-highway Vehicle Industry Outlook, 2021

Key Trends and Opportunities that will Aid Recovery of the Off-Highway Vehicle Market in 2021 and Beyond

Though many regions are grappling with the impact of the COVID-19 pandemic, some have recovered earlier than the rest, to resume construction, farming, and mining operations due to recovering economies, and key OEMs are targeting those recovered markets to release their customized product designs as per regional demands and trends. This research in...

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08 Jul 2021  |  Global

Connected Truck Telematics Outlook, 2021

M&As and Consolidations will Take Center Stage and will Transform the Market Status Quo by Letting in Diverse Ecosystem Participants and Expanding the Showground

As the world gets accustomed to the COVID-19 pandemic, many industries and markets are adopting a degree of change in the dynamics of their functionalities. The global connected truck telematics market has also transformed itself in many ways to adapt to changing customer and business requirements. This Frost & Sullivan research service analyticall...

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06 Jul 2021  |  Global

Global Two-wheeler Outlook, 2021

Strategic Partnering to Boost Two-wheeler Growth After COVID-19

COVID-19 has drastically changed the worlds functioning ever since it became a global pandemic. In 2020, the automotive industry was hit drastically with the nationwide lockdowns due to COVID-19, impacting the manufacturing units and supply chains across the world. The two-wheeler industry was on a downward trajectory in 2019, and was further hit b...

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24 Jun 2021  |  North America

Global Powertrain Outlook 2021

Powertrain Electrification Offers Future Growth Potential through mHEVs, PHEVs, and BEVs, While Diesel Powertrains are Fast Fading From Organizations’ Technology Strategy

The global powertrain industry continues to be dominated by internal combustion engines (ICE), specifically, gasoline engines, while diesel engines share has been falling since the dieselgate scandal. While the share of IC engines operating on alternate fuels has remained constant, vehicle electrification is on the rise. Irrespective of the type o...

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11 Jun 2021  |  North America

Global Light, and Medium and Heavy Commercial Vehicle Outlook, 2021

Growth Strategies to Aid the Market Rebound from Last Year’s Lows Due to COVID-19, with LCV and M&HD Truck Segments Expected to Grow by 10.3% and 5.9%, Respectively, this Year

The trucking industry was not immune to the disruptions in supply chain and falling trade that the global COVId-19 pandemic created. Major markets, such as North America and Latin America, were badly hit, while Europe and India suffered the steepest sales declines. China was the only region to register positive growth across both LCV and M&HD Truck...

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