Automotive

The automotive industry is among the most affected by the COVID-19 pandemic and the ongoing semiconductor shortage. The resulting economic crisis impacted overall vehicle sales, leading to a delay in value chain components supply and technology introduction and a shift in consumer preferences. Original equipment manufacturers (OEMs) and value ch...

This Frost & Sullivan outlook analyzes the Central American and Caribbean automotive industry, with a focus on the passenger vehicles (light vehicles, in particular) market in Panama, Jamaica, Trinidad and Tobago, Costa Rica, the Dominican Republic, Guatemala, El Salvador, and Honduras. The study provides historical PV sales data for each of the af...

By 2030, more than half the trucks operating in North America are expected to be powered by an electric powertrain. Light-duty vehicles are forecasted to be the early adopters, with nearly 86% share of the EV truck market in 2030. Among several EV truck charging types, AC & DC charging are expected to be the most adopted in North America. Level 2 (...

All regions except for China (which contributes annual sales volumes averaging about 40%) witnessed growth in commercial vehicle sales in 2021, indicating a return to normalcy after a dismal 2020. Despite COVID-19 virus surges in some places, the overall sentiment for the year remained positive. Frost & Sullivan expects the global market to grow ev...

With concern about global warming increasing with each passing day, a primary focus of governments and the automotive industry has shifted from improving fuel economy to reducing emissions. Fuel economy has become secondary. Powertrain electrification initiatives have intensified, while efforts to improve in-cylinder process and exhaust aftertreatm...

The global demand for trucks has risen with the increase in capacity, the requirement for faster transfer influenced by economic developments, new business ventures, and changing buying patterns. Fleets are exploring advanced technologies, primarily autonomous trucks, to increase efficiency within their supply chain. Although the technology that ma...

Over the last decade, technology has changed the way people move from point A to point B. With the rise of platform apps, transportation services have become more connected, integrated, and shareable. Over the next decade, Frost & Sullivan believes that this technology-led transformation will create profound changes in terms of commute and travel; ...

18 May 2022  |  North America  |  Market Research

Global Two-wheeler Tires Growth Opportunities

Future Growth Potential of Tire Sales Revenue due to Two-wheeler Parc, New Digital Business Opportunities, and Leisure Motorcycling

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The growing working group population in emerging economies in Asia is expected to drive vehicle adoption, fulfilling annual miles and eventually tire consumption. The demand for premium two-wheeler tires (250cc and above) is increasing due to the rise in premium two-wheeler sales across all regions. Growing popularity in leisure motorcycling is dri...

08 Jun 2022  |  North America  |  Market Outlook

Global Automotive Aftermarket Outlook, 2022

Aging Vehicle Population Will Be a Primary Driver for Replacement Demand in the Aftermarket

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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...