The increase in vehicles in operation (VIO) and the rising average vehicle age will primarily drive unit shipment during the forecast period. This research covers the passenger car and light commercial vehicle brake parts aftermarket in terms of both volume and value.
OEMs are working on re-engineering their conventional platforms to accommodate EV components such as batteries and motors. The analysis explores how industry participants can translate innovations into optimal growth and ensure profitability from new business models.
Greenhouse gas regulations in TRIAD countries and increasingly stringent tailpipe emission standards in developing countries will shape OEM powertrain strategies over the next decade. Explore the key future fuel efficiency and emission regulations across regions for heavy-duty commercial vehicles.
I love the Alvin Toffler quote, “The great growling engine of change—technology,†for a host of reasons. “Growling†could be overlooked for “change†simply because we are caught in an era and pace of change that leaves our heads spinning, and strategy executives love to talk about change. However, the deliberate use of growling denotes a sense of hostility. My interpretation of this word choice is the foresight to know that technology is an incredibly fickle and risky proposition, and fickleness has a high propensity to create hostile responses based upon our given perspective.
This is exemplified by our 2021 Edition of the Top 50 Emerging Technologies, which showcases technologies at a technology readiness level (TRL) of 5 to 9. Our team spent tens of thousands of hours determining the standouts for the next several years and assessed their viability across our criteria. Our top technologies cannot be ignored, especially with a tidal wave of end-user needs spurred by the recent geopolitical chaos (COVID-19, elections). This has created a renewed view of the impact these technologies can have on many applications.
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.
Potential Growth Prospects and Actionable Strategies Enabling the Prague Smart City Future
New Business Models and Innovations Accelerating the Growth of the Latin American Carsharing Sector
Read more Request InfoTransport & Logistics Segments Fueling Growth Hubs in Indonesian Connected Trucks Telematics
Read more Request InfoAdjacent Retail Initiatives are Driving Automotive Retail Digitalization and Increasing Growth
Read more Request InfoDigital Transformation and Potential Growth Prospects Enabling the New York Smart City Future
Read more Request InfoIntegration of Connected Farming Solutions Impels Growth of Telematics Adoption in Agricultural Machinery
Read more Request InfoInnovative Business Models Drive Growth Avenues and Dynamics in the Indian Automotive Ecosystem
Read more Request InfoVehicle Purchase Preferences in India During and After COVID-19 Reveal Vast Growth Potential
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In another clear sign that automakers are keen
to step up the pace onf their autonomous
driving agendas, Swedish automaker Volvo Cars
(owned by China’s largest privately owned
vehicle manufacturer Geely) announced a
strategic collaboration with DiDi Autonomous
Driving (the autonomous technology division of
China’s leading ride-hailing company, DiDi
Chuxing), to supply cars for its self-driving
taxi fleet.
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The e-commerce market is heating up in
India as the country is one of the biggest
consumer markets globally, ranked behind
America and China. The Indian e-commerce
logistics market is flourishing due to an
increase in internet penetration, rise in
smartphone adoption, favorable demographics,
and surge in acceptability of online payment.
Further, supportive government initiatives to
boost infrastructure development and GST
implementation have improved e-commerce across
the country.
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Logistics services are crucial for the
healthcare industry to deliver time-critical
medical equipment and pharmaceuticals that
require cold storage facilities. Some of the
primary factors for vaccine logistics include
cargo monitoring with supply chain visibility
and traceability, vaccine temperature
monitoring, and stability testing.
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Many cities around the world are planning for, purchasing, and bringing online their SmartSafe City programs and technology systems to integrate their public safety, health, city services, and citizen engagement capabilities to better serve and safeguard citizens. Frost & Sullivan’s recent analysis finds that the SmartSafe City solutions sector is expected to reach a market value of $12.2 billion by 2030, from $10.6 billion in 2019, driven by an increase in demand for digital threat remediation measures.
With anti-COVID vaccines getting rolled out, the Gulf Cooperation Council (GCC) states and corporations are announcing ambitious development plans and aggressively putting in support measures to rebuild the economy, stimulate cash flow, and build a sustainable growth trajectory that will shape the future of the economy. While traditional sectors such as infrastructure, mobility, and healthcare will continue to thrive in the GCC, significant changes in customer requirements will lead to unique opportunities in sunrise industries like digital transformation, agriculture and food production, and clean technologies.
The automotive industry is one of the most significant contributors to the overall global economy. The sector plays a unique role in bringing together the most scientific and technological advancements globally and is critical to global corporations’ growth and performance. After a disappointing 2019, and with 2020 marred by the ill-effects of the pandemic, the automotive industry’s resurgence in 2021 will be driven by major markets such as China, India, and Europe.
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