Automotive

The automotive industry is increasingly getting electrified and tech companies are entering the automotive market, making the industry competitive and fragmented. Foxconn is accelerating its move into the popular electric vehicle (EV) market through its open EV platform. The company had formed alliances and JVs with leading global original equipmen...

The North American trailer telematics market has been active for more than a decade with fierce competition among its market participants. Despite its long presence, the market remains largely fragmented, and the competition is too intense for any considerable market consolidation to happen. However, the market is currently witnessing an influx of ...

Partners in the autonomous driving value chain are on the brink of developing advanced driver-assistance systems (ADAS) and autonomous driving systems to enhance the safety and convenience requirements of the driver, passengers, and other vulnerable road users. Increasing automated safety requirements have necessitated the need for a robust regulat...

23 Aug 2021  |  North America  |  Mega Trends

2020 United States Automotive Technicians’ Choice Survey

Opportunities in the Automotive Tools Market

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This study covers the independent automotive aftermarket vehicle service technicians’ choice of tools. The survey was conducted using a computer-assisted telephone interview methodology in 2020. In total, 523 automotive technicians were surveyed for this research. To qualify as a respondent, an automotive technician has to be working at least 32 ...

18 Aug 2021  |  North America  |  Mega Trends

North American Class 1–3 Replacement Tire Pressure Monitoring Sensors Aftermarket, Category Management

Competitive Prices and the Advantage of Higher Vehicle Coverage are Driving the Future Growth Potential for Programmable TPMS Sensors

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Key Issues Addressed

This report covers the class 1–3 vehicle TPMS aftermarket demand. The overall market has been divided by sensor type into direct-fit, pre-programmed, and programmable sensors. The study discusses unit shipments, revenue, average price, distribution channel share, and major participants for all the TPMS aftermarket sensor types. The base year for ...

Dubbed as the next big thing in the automotive industry, adaptive steering solutions failed to live up to the hype generated in the early part of this millennium. Launched in 2003, BMWs adaptive steering solution was touted to be a game changer. Subsequent launches by other OEMs, particularly for rear-wheel steering (RWS) and four-wheel adaptive st...

The automotive industry value chain is transitioning from its traditional pyramidal form to one that is flat. Technology companies work with original equipment manufacturers (OEMs) and tiered suppliers to develop, validate, supply, and integrate advanced driver-assist technologies to enhance the comfort and convenience of the driver in the vehicle....

Vehicle leasing is seen as a solution to the growing problems faced by companies for their mobility needs, including vehicle funding, fleet maintenance, and residual risk handling. Big corporates and businesses, in current market conditions, are focused on their core products and services and would like to outsource all other support activities. Mo...

14 Jul 2021  |  North America  |  Mega Trends

North American Light Commercial Vehicle Growth Opportunities

The Overall LCV Market in North America is Expected to Grow to 5.0 Million Units by 2025, with New Product Development in EVs Helping it Achieve a Penetration of 6.2%

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Key Issues Addressed

The overall light commercial vehicle (LCV) market in North America was at 3.74 million units in 2020 with pickups contributing 88% of those volumes. Within the LCV segment, the lower weight segment, class 1/2a (<=8,500 lbs.) made up 57% of the market while the higher weight segment, class 2b/3 (8,501-14,000 lbs.), made up the rest. Ford was the mar...