Automotive

COVID-19 has brought the two-wheeler industry to a screeching halt. Governments across the world were forced to institute lockdowns on commercial and personal life for nearly two months. The automotive industry took the biggest hit as the global supply chain had to come to a halt. With customers not purchasing new vehicles, the two-wheeler (2W) ind...

19 Aug 2020  |  Global  |  Mega Trends

Digital Business Models Mitigating COVID-19 Implications on Global Aftermarket Performance in 2020

Resilience From an Aging Vehicle Parc, Complemented By Digitization of the Value Chain to Usher in Post-pandemic Revival of the Automotive Aftermarket

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Key Issues Addressed

This study evaluates the trajectories of global economic recovery in the aftermath of the pandemic and elucidates the medium-term impact of muted demand and supply on aftermarket revenues for 2020. Taking the long-term view, the study also underscores growth opportunities and evolving business models that, if leveraged on, will aid the aftermarketâ...

COVID-19 has had a global impact, with governments resorting to national lockdowns and social distancing measures to mitigate the spread of the virus. The result is a large-scale drop in business confidence, consumer demand, and industrial production—leading to a global economic recession in 2020. The coronavirus outbreak has also heavily impact...

The medium duty (MD) and heavy duty (HD) truck and bus market will show strong recovery globally after a major dip in 2020 due to the COVID-19 crisis which will affect production as well as sales across regions. The crisis will also have a profound effect on the adoption of natural gas (NG) powered truck and buses, with China and Europe witnessing ...

27 Apr 2020  |  Global  |  Mega Trends

COVID-19 Growth Impact Assessment for the Automotive Industry, 2020

Stakeholders to Focus on Resource Optimization, New Growth Segments and Cost Rationalization to Overcome Slowdown

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Key Issues Addressed

The mushrooming corona virus outbreak in the central Chinese city of Wuhan prompted the World Health Organization (WHO) to declare a global health emergency in late January. The corona virus outbreak isn’t just a massive health crisis; it’s an economic one as well. If the pandemic is not contained by a large extent by April, the drop in consum...

Generation Z currently makes up 24% of the global population and are set to have significant spending power. This "digitally native" population cohort, born between 1993 and 2007, will be an important customer base in the future. This age cohort is expected to be the most ethnically diverse and tolerant generation yet. It is also a socially and env...

09 Aug 2016  |  Global  |  Mega Trends

Future of the Internet Economy

Mobile Internet the Way Ahead

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The Internet is changing the way one functions, socializes, and shares information across the globe. With regions expanding beyond the normal boundaries due to the impact of urbanization, there is a need for improved infrastructure channels for being connected. Increased Smartphone adoption rates and broadband technologies have resulted in improved...

Technological innovations such as delivery drones, autonomous driverless cars, and smart factories that have robotic co-workers are already having a profound effect on the way industries function. Widespread adoption of advanced mobile technologies and new platforms and systems are expected. Although it is difficult to predict exactly what advances...