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Global Automotive Industry at the Crossroads: The Carbon Neutrality Mandate and Strategic Pathways to Net-Zero by 2030

Frost & Sullivan Manufacturing

Automotive OEMs that successfully integrate carbon net-zero strategies across their value chains will not only achieve regulatory compliance but also secure strategic leadership in a decarbonized global economy. By Thanigesh Arumugam Parthasarathi, Team Leader Mobility Carbon neutrality has become a key priority for global automotive OEMs.

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Increase in Total Vehicles in Operation (VIOs), High Vehicle Ownership, and Aging Vehicles Parc to Sustain Growth of Australian Automotive Aftermarket

Frost & Sullivan Manufacturing

The Australian automotive aftermarket, now in a mature phase, is on a trajectory for significant growth through 2030. The increase in total vehicles in operation (VIOs), coupled with the increasing proportion of aging vehicles, is set to generate robust demand for automotive parts and services. from 2023 to 2030.

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Technological Breakthroughs and Shifting Consumer Preferences Fueling Feature on Demand (FoD) Growth in Passenger Vehicles

Frost & Sullivan Manufacturing

By Gautham Hegde, Senior Research Analyst – Mobility As technological advancements reshape the automotive landscape, consumer preferences for greater connectivity, convenience, personalization, and flexibility are driving significant growth in Feature on Demand (FoD) services.

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North American Automotive Audio Market to Ride on Connectivity Trends

Frost & Sullivan Manufacturing

One such beneficiary is automotive audio technology – basic audio, surround sound, and 3D audio – which, in North America alone, is set to grow from a $3.33 billion in 2030. Growth in the automotive audio market is being propelled by connectivity trends that are supporting continuously improving in-vehicle audio entertainment.

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Diagnostics-as-a-Service (DaaS) Emerges as a Groundbreaking Business Model, Transforming Automotive Diagnostics

Frost & Sullivan Manufacturing

As the automotive industry evolves, so is the need for advanced diagnostic solutions that keep pace with increasingly complex vehicles. Diagnostics-as-a-Service (DaaS) has emerged as a groundbreaking business model offering significant benefits for automotive workshops, dealerships, and collision centers worldwide. billion by 2030.

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Remanufacturing to Play a Pivotal Role as Automotive Aftermarket Embraces Circular Economy Principles

Frost & Sullivan Manufacturing

By Benson Augustine, Program Manager – Mobility The global automotive aftermarket is witnessing a paradigm shift as circular economy initiatives gain momentum. Revenues of the global remanufactured automotive components market are projected to rise from $27 billion in 2022 to $42 billion by 2030.

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Automotive Aftermarket Looks to 4Rs and Closed Loop Ecosystem for Sustainable End-of-Life Battery Management

Frost & Sullivan Manufacturing

Electromobility is gaining momentum with improving charging infrastructure, expanding manufacturing capacity, policy support, and purchase incentives. million by 2030, with all major automakers aggressively expanding their EV portfolios in the quest for zero emissions. A Booming eMobility Aftermarket is Expected Emerge by 2030.