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20 Jul 2021  |  North America
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 ...
28 Jun 2021  |  North America
AI, Long-term Partnerships, and Cloud to Influence Growth Strategies
The global medical imaging and informatics market is experiencing dynamic changes with the emergence of advanced technologies, evolving clinical and administrative needs, and the introduction of new policies and regulations, which is forcing industry participants to innovate to maintain their competitive edge. Technologies such as artificial intell...
24 Jun 2021  |  North America
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...
11 Jun 2021  |  North America
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...
11 Jun 2021  |  North America
With a Revenue Potential of $15-$20 Billion by 2025, the Creation of Software-defined Vehicles and Innovative Business Models is more Critical than Ever
The COVID-19 pandemic has accelerated - rather than affected - growth prospects for the global connected cars market. Technology implementation has increased, and the post-pandemic situation appears to be a positive one for all stakeholders. The pandemic is a blessing in disguise as innovative features such as embedded connectivity, bio-based healt...
30 May 2021  |  North America
Expansion of Regional Air Networks and Clear Legal Frameworks are the Growth Enablers for the Central American Commercial Aerospace Industry, Outlook 2021
Future Growth Potential can be Realized by Leveraging Skilled Labor and Regional Fleets
Central America is a natural vacation destination for North American tourists. However, the regions social and political situation has prevented the regions commercial aerospace industry from realizing its full potential. While most destinations in Central America have decent point-to-point connectivity from major cities, they severely lack intra c...
19 Apr 2021  |  North America
Digital and Outcome-linked Service Innovations to Power the Global Homes and Buildings Industry, Outlook 2021
Future Growth Potential Driven by Resilient and Sustainable Business Models
The COVID-19 pandemic has impacted nearly every sector and has forced various industries to undergo business transformation initiatives to adapt to the new normal environment. The Homes and Buildings (H&B) industry is no exception and is expected to face an acute recovery challenge both from the supply and demand side of the industry in 2021. As ho...
02 Mar 2021  |  North America
Developing Innovative ROI Streams and Patient-centric Virtual Care Approaches will Shape the Global Healthcare Industry, Outlook 2021
Digital Transformation Leads to New Growth Strategies for Stakeholders
The global COVID-19 pandemic and other geo-political events left many businesses facing an unprecedented state of uncertainty. Healthcare companies across the care continuum remain grappling with these new challenges, of which the extent and longevity remain unknown. Spurred by the years events, healthcare delivery has accelerated its transformatio...
09 Nov 2020  |  North America
COVID-19 Resulted in a Significant Decline in Expenditure in 2020; Rebound is Expected in 2021, as Accelerated Innovation and Deployment of Digitalisation-driven Business Models Drive Resilience in the New Normal
The COVID-19 pandemic has significantly affected the water sector. Operational resilience and economic sustainability have become key focal points of investments due to the pandemic. The lockdowns due to the pandemic across the globe have severely disrupted supply chains and labour availability for production; both factors have significantly hit th...
24 Sep 2020  |  North America
Zeal for Productivity and Profit Pressures Accelerate the Growth of the Global Automation Lifecycle Services Market, 2019–2022
Growing Technology Complexity and Vanishing Knowhow are Growth Drivers for Lifecycle Services
Amid shifting industry dynamics being driven by decentralization, digitalization, decarbonization and the rise of new business models, the keystone market of industrial automation, lifecycle services, is expected to experience a phase of strong short-term growth. Frost & Sullivans market analysis estimates the market size to grow from $49.56B to $6...
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