Rapid urbanization, private vehicle density, outdated infrastructure, and transportation-related emissions are increasingly stressing the urban mobility ecosystem. Analyze the measures taken by the governments to overcome challenges and create a sustainable environment for driving future growth.
With the Russian automotive industry gaining momentum, the industry’s strength begins with local manufacturing plants. This exclusive research offers insights on the competitive environment and analysis of infotainment, telematics, and ADAS features. It also predicts the future growth scenario and its position.
What are the adoption rates of various adaptive steering types? Which vehicle segments are forecast to lead growth? Which OEMs currently offer adaptive steering? Which types of adaptive steering do OEMs offer, and in which segments of their vehicle line-up? Find out in this research.
Growth is becoming increasingly difficult to achieve. Today, and for the foreseeable future, companies will battle with strategic imperatives that are putting increasing pressures on the growth they so desperately need. Frost & Sullivan has identified eight strategic imperatives that your team must fully embrace to understand the complexity of critical decisions: Innovative Business Models, Industry Convergence, Disruptive Technologies, Geopolitical Chaos, Competitive Intensity, Internal Challenges, Transformative Mega Trends, and Compression of Customer Value Chain.
Each imperative individually represents an uphill climb, but when combined, represent a relative Mount Everest that must be navigated to reach a growth summit. Here are four best practices to drive your growth pipeline during the current COVID-19 climate.
Best Practice #1: Know Your Numbers (facts)
COVID-19 has significantly impacted the growth environment in virtually every market. For some, those numbers are a positive net effect (albeit unwelcomed growth), provisioned by the accelerated uptake in technologies such as video collaboration. That market, for example, was growing at a CAGR of 17.2% prior to COVID-19. It has now accelerated to 24.6%. But not all markets have reacted this way. The average market price in the energy industry changed dramatically through the first 150 days of the pandemic, dropping -38.5%. Thus, with this shift, you have to refocus, revisit your original plans, and reinvest into optimal areas of growth. There is no doubt we are seeing fundamental profit pools shifting across respective value chains, and your organization will survive and thrive based on knowing your “new†numbers.
Schedule a consultation with an industry expert at no charge by contacting us at myfrost@frost.com. We are taking unprecedented action to make our team available to help you cut through the media and politics to get factual one-to-one guidance for the issues and opportunities that matter most to your business.
Frost Radar—Predictive Maintenance Services in the NA Medium- to Heavy-Duty Vehicle Market, 2020
Smart Innovations Impacting the Growth of Thailand’s Off-highway Vehicle Sector
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Read more Request InfoElectrification and Shared Mobility in the Indian Two-wheeler Sector Reveal Immense Growth
Read more Request InfoCompetitive Intensity Driving Growth Hubs in Mexico’s Two-wheeler Sector
Read more Request InfoEmerging Growth Opportunities and Strategies in SoftBank Mobility
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The Coronavirus outbreak has exposed the
vulnerabilities of current global supply
chains. Many have unraveled, unable to
withstand intense demand-supply shocks. Against
this background, Shell, one of the world’s
leading oil and energy companies, has stayed
resilient. By leveraging data and
digitalization to drive new ways of working and
collaborating, focusing on a more holistic
approach to safety, nurturing future-focused
talent, and pushing forward on sustainability
and business continuity agendas, it has ensured
that its global supply lines have remained
robust, reliable, and most importantly,
competitive.
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CES 2021 took to the digital stage
with the pandemic forcing a virtual
walk-through of one of the biggest events
showcasing technology disruptions in consumer
electronics (CE) and mobility. COVID-19, for
obvious reasons, was still a topic of
discussion, but it was very evident that the
auto industry was finally beginning to look at
near-term autonomous, connected and electric
vehicle (EV) solutions that lend a hand in the
monetization game.
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In an interview with CNBC last week, I
mentioned an unstoppable momentum for electric
vehicles globally. Little did I know that
Singapore, my country of residence, is taking
decisive steps to promote electrification! In
his budget speech on 16 February 2021,
Singapore’s Finance Minister Heng Swee Keat
announced a range of initiatives to promote
electric and electrified vehicles.
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Frost & Sullivan’s recent research, Strategic Analysis of the Global Shared Mobility Market, 2030, forecasts that the gross market value of the sector will exceed $1 trillion by 2026, despite suffering a major setback due to the pandemic. The growing urban population and rising smartphone penetration are key factors driving the segment globally, followed by tightening emission norms and a shifting focus toward autonomous mobility.
The two-wheeler (2W) market holds the key to unlocking the future of electric vehicle (EV) transportation and enabling mass adoption of EVs around the world. The size of the electric two-wheeler market is expected to grow rapidly in India, the world’s leading two-wheeler market, while South East Asia is expected to remain the biggest market in the world.
Frost & Sullivan’s recent analysis, COVID-19 Impact Assessment, Recovery Road, and Growth Opportunities for the Global Two-wheeler Industry, 2019–2025, finds there is pent-up demand and a growing need for personal and cost-effective mobility solutions due to the pandemic. Two-wheeler (2W) sales across the globe are rapidly gaining momentum, even faster than passenger vehicles. The study examines the COVID-19 impact on production, sales, and OEM strategies.
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