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Two recent acquisitions – Niterra EMEA GmbH’s of WhoCanFixMyCar.com and Stellantis South America’s of Norauto Argentina – underpin the growing focus of original equipment manufacturers (OEMs) and original equipment suppliers (OESs) on the automotive downstream channel. billion by 2028.
The eCommerce boom, digital platforms, and mobile on-demand services are transforming the automotive aftermarket across the Gulf Cooperation Council (GCC) region. The absence of a robust local manufacturing base for automotive components has made the region extremely import dependent. billion in 2028.
million in 2028. To learn more, please access Growth Opportunities and Use Cases for Electric Vehicle Fleet Management in North America and Europe or, contact sathyanarayanak@frost.com for information on a private briefing. million in 2022 to $594.6
The recent partnership between German auto giant, BMW, and leading cloud computing solutions provider Amazon Web Services (AWS) underlines the critical need for effectively handling, processing, managing, and protecting vehicle data at a time when the automotive ecosystem is being transformed by C.A.S.E. Source: Frost & Sullivan, 2022.
By Avishar Dutta, Senior Research Analyst – Mobility Robotaxis are on the cusp of commercial success, thanks to technological advancements, favorable regulatory conditions, and the onset of large-scale manufacturing that promises to make them more affordable. billion by 2035.
By Avishar Dutta, Senior Research Analyst – Mobility Robotaxis are on the cusp of commercial success, thanks to technological advancements, favorable regulatory conditions, and the onset of large-scale manufacturing that promises to make them more affordable. billion by 2035.
By Avishar Dutta, Senior Research Analyst – Mobility Robotaxis are on the cusp of commercial success, thanks to technological advancements, favorable regulatory conditions, and the onset of large-scale manufacturing that promises to make them more affordable. billion by 2035.
million by the end of 2028. Strategic partnerships between telematics service providers (TSPs), original equipment manufacturers (OEMs), and other technology facilitators are delivering new value propositions for users. It has combined with Powerfleet to create a top-tier global automotive IoT SaaS provider.
million by the end of 2028. Strategic partnerships between telematics service providers (TSPs), original equipment manufacturers (OEMs), and other technology facilitators are delivering new value propositions for users. It has combined with Powerfleet to create a top-tier global automotive IoT SaaS provider.
million by the end of 2028. Strategic partnerships between telematics service providers (TSPs), original equipment manufacturers (OEMs), and other technology facilitators are delivering new value propositions for users. It has combined with Powerfleet to create a top-tier global automotive IoT SaaS provider.
This year’s CES 2023 shone the spotlight on two key trends in the automotive industry: electrification and digital transformation. Several Chinese automotive companies like Nio, Li Auto, and XPeng have been at the cutting-edge of this convergence, combining advanced connectivity and autonomous technologies with vehicle electrification.
To learn more, please access our research report, China Automotive Growth Outlook, 2022 , or contact sathyanarayanak@frost.com for information on a private briefing. Chinese EV manufacturers have cut their teeth in China’s high growth, hyper aggressive EV market. Strong Showing by Domestic Brands. year-over-year.
The push towards a seamless digital retail journey will also receive impetus from Gen Zs and Millennial customers – an increasingly prominent segment of automotive buyers. Future Outlook Digitalization will trigger dramatic change across the entire automotive ecosystem. million BEVs by 2028.
Increasingly stringent vehicle safety mandates and consumer demand for additional safety features challenge automakers as they seek to develop cost-effective, value-added safety offerings, while maintaining profitability and market share in India’s highly competitive automotive industry. An ESP mandate is expected in 2028.
To learn more, please see: Global Connected Medium & Heavy Commercial Vehicles Growth Opportunities , Growth Opportunities in European Heavy-duty Electric Trucks , or contact sathyanarayanak@frost.com for information on a private briefing. million in 2028. million in 2028. million in 2023 to around 26.7
The funding is part of an overall £34 million investment push to accelerate Nottingham City Transport’s (NCT) vision of becoming a carbon neutral bus operator and realizing the city’s ambitions of becoming carbon neutral by 2028. Our Perspective.
As sustainability imperatives and energy security concerns intensify, the global automotive sector is undergoing a fundamental shift. Our Perspective As the global automotive market steadily transitions toward alternative fuels, commercialization will be supported by hybrid integration and cross-industry collaboration.
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