As the freight industry leaves behind traditional brokering practices to adopt digital and automated platforms, the connected truck telematics market is going through a period of intense evolution, according to industry experts Digital freight matching solutions will bring about visibility in a disparate landscape, give rise to a truck-as-a-service (TaaS) business model, and drive numerous partnerships. In […]
Energy price volatility, global liquefied natural gas (LNG) trade, tighter emission norms, and the emergence of noise pollution-free zones are generating a vast range of opportunities for alternate truck powertrains. External influencers such as urbanization, geopolitics, incentives and technology advancements are all combining to boost the medium-heavy duty (MD-HD) compressed NG (CNG) and LNG truck market. In fact, some estimates show that […]
A new industry report shows that the grow in the ridesharing market — beyond Uber and Lyft — is expected to continue growing in North America and Europe, particularly as hungry investors jump into the market and the sector increasingly targets specific niches. According to Frost & Sullivan analyst Geraldine Priya., “Ridesharing can reduce the […]
As demand rises rapidly for advanced in-car electronics and connectivity, one research firm, Frost & Sullivan, is predicting that Ethernet technology will be a backbone of in-vehicle networks. The group notes that the “use of Ethernet technology in automotive is gaining pace in Europe and North America” as “the paradigm shift towards connected cars and […]
As the average vehicle life of operational vehicles in North America rises, a new study reports that the aftermarket for engine control units (ECUs) is anticipated to grow vigorously. Specifically, a new analysis from Frost & Sullivan, “Opportunity Analysis of Engine Control Units (ECUs) in the North American Automotive Aftermarket,” finds that the market earned […]
One of the key drivers of the global electric vehicle market is the reduction in the upfront ownership cost of vehicles this year. In fact, the prices of key electric vehicles have gone down by as much as 18 per cent of their 2012 price, as manufacturers look to boost sales and stay competitive. The […]
