Motorcycle sales represent a vital dimension of the automotive industry, the dynamics of which are influenced by various factors. Shifts in customer preferences, economic conditions, and technological advancements contribute to fluctuations in sales performance. While high-performing economies stimulate demand, preference trends like increasing interest in environmentally friendly electric motorcycles have...
Discover more insightsThe motorcycle industry is undergoing a significant transformation as it embraces the rental market. This segment offers vast opportunities as an increasing number of consumers prefer renting two-wheelers due to cost-effectiveness and convenience. The surge in bike rental startups across major cities worldwide underlines the sector's potential growth. Nonetheless, challenges...
Discover more insightsThe two-wheeler market, encompassing motorcycles and bicycles, exhibits its own unique set of influencing factors. From an economic perspective, consumer purchasing power and disposable income levels directly impact the market's expansion or contraction. The urban-rural divide also plays a significant role, with urban areas showing a marked preference for motorcycles...
Discover more insightsIn light of innovation and technological advancement, the passenger vehicle market has witnessed a significant transformation. The current trend is leaning towards electric cars as sustainable alternatives to conventional fuel-powered vehicles. This is an outcome of stringent emission regulations globally. Furthermore, there has been an increase in the demand for...
Discover more insightsIn recent years, the motor vehicle part sector has seen significant growth. This substantial expansion can be attributed to numerous factors such as technological advancements, improvements in manufacturing processes, and increased demand for vehicles worldwide. Although precise figures vary, recent estimates place the global market value well into the hundreds...
Discover more insightsThe role of airbags in motorcycles, despite being a relatively recent addition, has gained significant market traction. Enhancing safety measures is the primary reason behind the growth, coinciding with the global increase in motorcycle sales and a heightened awareness of rider safety. OEMs are incorporating airbag systems in premium motorcycle...
Discover more insightsHigh-performance electric vehicles (EVs) are attaining significant momentum, driven by technological advancements and environmental imperatives. The growth is catalyzed by aggressive initiatives from both government and private entities committed to reducing carbon footprints. Aided by improved battery technologies that offer enhanced capacity and range, and innovative designs that deliver higher...
Discover more insightsThe light vehicle original equipment (OE) market is going through substantial changes. Key drivers include technological advancements, government regulations, and consumer preferences. Increasing focus on fuel efficiency and minimization of carbon dioxide emissions are pushing automakers to invest in developing advanced engines and hybrid systems. Technology innovations such as electric...
Discover more insightsThe commercial vehicle industry is witnessing significant transformational trends. Primarily, a shift towards alternative fuel vehicles is becoming increasingly pronounced as environmental sustainability becomes a crucial guiding factor for businesses. Vehicles powered by electricity, natural gas and hydrogen fuel cells are no longer theoretical concepts but are garnering significant commercial...
Discover more insightsAn examination into the concentration and performance of firms within the motor vehicle production landscape reveals the dominance of a select few. Companies like General Motors, Toyota, Volkswagen, and Ford consistently emerge as leaders due to their vast economies of scale, diverse product lines, and widespread brand recognition. These firms...
Discover more insightsThe market for autonomous vehicles is growing dynamically. Although the penetration level of fully autonomous vehicles remains low, progress in advanced driver-assistance systems (ADAS) and public and private investments are paving the way for higher levels of automation. Market participants have been working on significant technological advancements, including AI, machine...
Discover more insightsPrimarily, the market for AUVs, robotic engines designed to function without human control, propels forward because of an increasing impetus on sea-based mineral resources, stricter regulations for water quality, and the drift towards autonomous systems. This equipment, traditionally deployed in research and defense sectors, has begun to infiltrate commercial sectors...
Discover more insightsOn closer inspection, the All-Terrain Vehicle (ATV) and Utility Task Vehicle (UTV) market display significant growth indications. This uptick is driven by sweeping consumer preferences towards off-road adventures and activities. Furthermore, strides in the agricultural sector across developing economies—which extensively employ such vehicles—offer a meaningful fillip. Manufacturers are capitalizing on...
Discover more insightsThe landscape of manufacturing in the automotive sector continues to transform in response to shifting consumer preferences and evolving technology. This change is particularly notable in the production of cars and light trucks. High demand for more fuel-efficient and environmentally-friendly models has led to significant advancements in technologies such as...
Discover more insightsThe advancement in ATV (All-Terrain Vehicle) steering technology can be identified as one of the significant trends in the ATV systems market. Manufacturers are now incorporating Electronic Power Steering (EPS) systems since it adjusts the level of power assist to suit the driving conditions, allowing riders to have better control...
Discover more insightsThe agricultural industry is increasingly exploiting technological advancements to enhance productivity and reduce costs. Autonomous tractors, equipped with cutting-edge navigation technology, are streamlining labor-intensive tasks such as plowing, harvesting, and seeding. Optimized to work around the clock in various weather conditions, these tractors offer a promising solution to the burgeoning...
Discover more insightsThe rise of electric vehicles (EVs) is opening new frontiers in the industry of In-Vehicle Infotainment (IVI). EVs, due to their inherent drive towards modernity and efficiency, encourage the development and integration of sophisticated infotainment systems. These are increasingly being seen as an integral part of the user experience, not...
Discover more insightsInitially a niche segment, the compact loaders market has undergone significant transformation in recent years. Acknowledging the profound impact of urbanisation and infrastructure development, original equipment manufacturers (OEMs) are increasingly considering compact loaders as essential machinery rather than as optional additional equipment. Increased building activities in confined spaces, coupled with...
Discover more insightsAs one of the fastest-growing segments in the automotive sector, the global SUV market is being driven by various factors. Higher disposable income, a shift in consumer preference towards larger vehicles, and advancements in vehicle technology are some of the drivers propelling this market's growth. Consumers are progressively favoring SUVs...
Discover more insightsThe automotive trade in New Zealand is marked by a steady growth trajectory, with the wholesale and retail segments contributing significantly to the national economy. Wholesale auto dealings gloom large with imports being a predominant factor. Retail enterprises, on the other hand, are scattered across both urban and semi-urban areas,...
Discover more insightsThe past decade has witnessed extraordinary advances in the realm of light vehicle safety and access. Systematic innovation, primarily driven by technological enhancement, is shifting the paradigm from conventional key-based methods to sophisticated digital solutions, accentuated by the burgeoning inclination towards connected vehicles. Biometric recognition, smartphone-enabled access, and keyless entry...
Discover more insightsThe global shift towards electric vehicles (EVs) has wholly infiltrated Africa's vehicle market, sparking a movement of emobility in the region. The transition away from fossil fuels is buoyed by urbanization, growing environmental consciousness, and the desire to diminish dependence on oil. As the African economy develops, the demographical shift...
Discover more insightsCommercial vehicle industry's trajectory is shaped by several key factors. Technological advancements are steering innovation with the development of electric and autonomous vehicles. Climate policies and environmental considerations are prompting a push for greener, more sustainable solutions. Markets with ageing vehicle fleets are witnessing higher demand for replacements, and in...
Discover more insightsThe heavy-duty vehicles market has traditionally been dominated by diesel engines, primarily due to their high torque and fuel economy advantages over gasoline engines. Diesel engines ruggedness and long-haul capabilities have created a sizable market segment in commercial transportation and construction, where their usage is predominant.
Discover more insightsAs the market dynamic evolves, the automotive industry has experienced a paradigm shift. Technological advancements are increasingly shaping this sector. Today, Internet of Things (IoT) integration creates smarter, more connected transport solutions. The industry has also seen a rise in the popularity and use of electric vehicles (EVs), responding to...
Discover more insightsThe evolution of electric vehicles (EVs) has been largely influenced by strategic trends in technology, policy, and consumer preferences. These elements, in combination, form a transformative dynamic. Technological advancements not only improve vehicle performance, but also reduce production costs, making EVs more affordable and attractive to consumers. The role of...
Discover more insightsConsidering the pace of technological advances, autopilot systems are expected to grow by leaps and bounds, contributing significantly to enhancing both efficacy and safety of transport systems. Innovations in artificial intelligence (AI) and machine learning (ML), in particular, are expected to rapidly transform the field, leading to advanced systems capable...
Discover more insightsThe heart of an electric vehicle (EV) operation lies in its battery system, which requires optimal temperature ranges for efficient functioning. Battery thermal management systems (BTMS) ensure the protection of these batteries from overheating or undercooling, enhancing battery performance, lifespan, and safety. BTMS also simultaneously optimizes energy efficiency, which is...
Discover more insightsThe electric bike segment is witnessing significant growth, driven by environmental sustainability, advancements in battery technology, and increased health consciousness. The urbanisation trend and growing traffic congestion have also made these bikes an attractive alternative for commuting. Increasingly, market players are offering products with enhanced features such as improved battery...
Discover more insightsCurrent trends in the Automated Manual Transmission (AMT) industry reflect the overall growth of the commercial vehicles sector, driven by technological advancements and efficiency requirements. The shift towards more automated processes in vehicle operations has led to an uptick in AMT integration, with benefits such as improved fuel efficiency, ease...
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