US Xpress releases trucking industry forecast; driver turnover, truckload capacity and load volumes significantly impact market

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one of the US’ largest asset-based truckload carriers by revenue, released its September industry forecast spotlighting key economic trends and updates specific to the trucking industry. Forecasts Heavy-duty Market BackgroundUS Xpress, Inc., Three key insights include: Rising Driver Turnover. As the economy slowly recovers, freight volumes will rise and drivers will become an increasingly precious commodity.

2020 75

ABI Research forecasts 83M 5G C-V2X connected cars by 2035

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5G Connected vehicles CV2X Forecasts Market BackgroundAccording to recent figures published by global tech advisory firm ABI Research, a total of 41 million 5G connected cars will already be on roads by 2030. That number will rise to 83 million 5G connected cars by 2035. By then, 5G connected cars will make up more than 75% of the total C-V2X equipped cars. Source: Qualcomm. These numbers underline the huge momentum for cellular connectivity, and particularly 5G, in the automotive sector.

2020 83

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Strategy Analytics forecasts strong growth in automotive sensors driven by EV demand

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Strategy Analytics forecasts that automotive sensor market growth will be driven by an expected increase in demand for electric vehicles. The “Strategy Analytics Powertrain Body Chassis and Safety (PBCS) service report, “ Global xEV Sensor Market 2018-2027 ” forecasts that the global market for current, position/speed and temperature sensors, will grow at a CAAGR of 25.7% Electric (Battery) Forecasts Market Background Sensors

2020 78

Roskill forecasts Li-ion battery demand to increase more than ten-fold by 2029 to >1,800GWh

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Roskill forecasts that Li-ion battery demand will increase more than ten-fold by 2029, reaching in excess of 1,800GWh capacity. Batteries Electric (Battery) Forecasts Market BackgroundThe pipeline capacity of battery gigafactories is reported by Roskill to exceed 2,000GWh in 2029, at more than 145 facilities globally.

2020 85

Guidehouse Insights forecasts deployments of highly automated vehicles are unlikely before 2025

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Forecasts for partially automated vehicles are also included. Autonomous driving Forecasts Market BackgroundAccording to a new report from Guidehouse Insights, significant deployments for more than a few hundred thousand light-duty, highly automated vehicles are not expected until after 2025, with global volumes expected to reach approximately 13.1 million in 2030.

2020 69

IDTechEx forecasts global production of electric LCVs to exceed 2.4M units annually by 2030

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In a new report, “ Electric Vans 2020-2030 ”, UK-based IDTechEx forecasts that global production of electric LCVs will exceed 2.4 Forecast eLCV share of total global LCV market revenue. Electric (Battery) Fleets Forecastsmillion units annually by 2030.

2020 73

Forecast: In 2030, gasoline will still power 7 out of 10 new U.S. vehicles

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market forecasts Car SalesGiven the daily churn of electric-car announcements, major manufacturing investments, and battery supply-chain news, it could be a little hard to understand one reality-check projection: that even in 2030, a solid majority of vehicles sold could still burn fossil fuel. Last week, LMC Automotive, a consulting firm with a strong reputation for its.

2019 77

BNEF ups forecast for global investment in stationary energy storage, sees majority of capacity likely to be grid-scale

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Energy storage installations around the world will multiply exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). The total demand for batteries from the stationary storage and electric transport sectors is forecast to be 4,584GWh combined by 2040, providing a major opportunity for battery makers and miners of component metals such as lithium, cobalt and nickel.

2019 80

Tractica forecasts Mobility as a Service to grow at 24% CAGR to become $563.3B market by 2025

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A new report from Tractica forecasts that the global market for Mobility as a service (MaaS) to grow at a compound annual growth rate (CAGR) of 24.0% North America is forecast to be the second largest market since it is a pioneer and supporter of ride-hailing and vehicle subscription services. Car Sharing Forecasts Mobility services Ridesharing

2019 60

Juniper forecasts MaaS to replace 2.3B private car journeys annually by 2023; Europe to lead with 83%

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The new research, Mobility-as-a-Service: Emerging Opportunities, Vendor Strategies & Market Forecasts 2018-2023 , found that West Europe will lead MaaS adoption, accounting for 83% of global MaaS trips in 2023. Conversely, Juniper forecast that the growth of MaaS in the US will be slower, given the highly-fragmented nature of the state and federal system, coupled with lukewarm legislative support for regulating a free market. Forecasts Mobility services

2018 73

Navigant forecasts global natural gas fleet of 34.9M by 2020

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In a new report , Navigant Research forecasts that the number of natural gas vehicles (NGVs) on roads worldwide will reach 34.9 Asia Pacific is the largest market for LNG trucks; Navigant forecasts a CAGR of 25%, reaching 11,245 units. Forecasts Natural Gas Cumulative natural gas vehicles in use by segment, world markets: 2013-2020. Source: Navigant Research. Click to enlarge.

2013 105

Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

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The levelized cost of electricity (LCOE) from new PV plants is forecast to fall a further 71% by 2050, while that for onshore wind drops by a further 58%. BNEF forecasts the role of gas in the generation mix will evolve, with gas-fired power stations increasingly built and used to provide back-up for renewables rather than to produce base-load, or round-the-clock, electricity. Batteries Coal Emissions Forecasts Power Generation Solar Wind

2018 78

IHS cuts 2015 light vehicle sales forecast in China to 23.4 million; deeper cut for 2016

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IHS revised downward its forecast for light vehicle sales in China, projecting a decline of 3 to 4 percent from previous estimates for 2015. IHS Automotive has reduced its full year 2015 light vehicle sales forecast for China to 23.4 percent, compared with its previous forecast of 4.4 Source: IHS Automotive, September 2015 Light Vehicle Sales Forecast. China Forecasts Sales

2015 88

BNEF forecasts EVs to hit 54% of new car sales by 2040; decreasing importance of PHEVs

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Electric vehicles will make up the majority of new car sales worldwide by 2040, and account for 33% of all the light-duty vehicles on the road, according to a new forecast published by Bloomberg New Energy Finance (BNEF). This represents an aggressive jump compared to BNEF’s previous forecast of 35% EV new car market share by 2040. The forecast shows EV sales worldwide growing steadily in the next few years, from the record 700,000 seen in 2016 to 3 million by 2021.

2017 65

Another day, another positive electric-car adoption rate forecast

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While the fossil-fuel industry is notably skeptical of the long-term prospects of electric cars, a growing number of studies and forecasts predict the adoption rate will grow rapidly in the coming decades. If only success could be guaranteed by positive predictions. Electric cars still face numerous challenges, but analyses from a variety of. sales New car sales plug-in cars

2017 75

Honeywell Transportation Systems Forecast: turbocharged vehicles to account for 48% of annual global sales by 2021; electric boosting emerges

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Honeywell’s Transportation Systems Forecast projects that turbocharged vehicles will acount for 48% of annual global sales by 2021, up 9 percentage points from 2016. This year’s forecast recognizes an industry trend for slightly bigger engine sizes in Europe and China as automakers adapt powertrain strategies to tackle updated emissions regulations developed for real-world driving conditions. 48V Engines Forecasts Fuel Efficiency Hybrids Sales

2016 87

BCG forecasts electrified vehicles to take half of global auto market by 2030; hybrids to dominate

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In a new report (its fourth on electric car adoption) the Boston Consulting Group forecasts that a combination of hybrid and fully electric powertrains will cut the global market share of pure internal combustion engines (ICEs) by about 50% by 2030. Electric (Battery) Emissions Engines Forecasts Fuel Efficiency Hybrids Policy

2017 73

Navigant forecasts global 6% CAGR for biofuels to 2023

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Navigant Research forecasts global biofuels production will grow at a compound annual growth rate (CAGR) of 6% between 2013 and 2023, despite slower than expected development of advanced biofuels pathways (such as cellulosic biofuels); an expected expansion in unconventional oil production in key markets such as the United States; and a decline in global investment for biofuels in recent years. over the forecast period. CAGR over the forecast period.

2013 81

Study forecasts even with modest warming, global energy demand to increase by mid-century

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A new study published in Nature Communications by researchers from IIASA, Boston University, and the Ca’ Foscari University of Venice found that by mid-century, climate change will increase the demand for energy globally, even with modest warming. The world is dependent on energy both for human wellbeing and society’s continued development.

2019 109

Navigant forecasts annual plug-in electric vehicle sales in N America to exceed 1.1M by 2024

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In a new report, Navigant Research forecasts that North American plug-in electric vehicle (PEV) sales will exceed 1.1 The report, Electric Vehicle Geographic Forecasts , provides data and forecasts for LD PEV sales in North America, including US states, MSAs, and utility service territories and Canadian provinces and cities. Electric (Battery) Forecasts Hybrids Plug-ins Sales

2015 78

Navigant forecasts modest global annual sales growth of e-bicycles, reaching 40.3M units in 2023

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In a new report , Navigant Research forecasts that global annual sales of e-bicycles will grow modestly from 31.7 Navigant forecasts faster growth for North America, Western Europe, and Latin America (6.8%, 12.3%, and 9.5% China Electric (Battery) Forecasts Personal Transit million units in 2014 to 40.3 million units in 2023 under a base scenario—a CAGR of 2.7%. Navigant expects China, the market leader, to reach 28.8

2014 94

Navigant forecasts global road transportation energy consumption to increase 25% by 2035; 84% from conventional fuels

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In a new report ( Transportation Forecast: Global Fuel Consumption ), Navigant Research forecasts total road transportation energy consumption will grow from 81.1 Brazil, Russia, India, and China (the BRIC nations) will represent the largest increases, as the percentage of global road transportation energy consumed by these nations is forecast to grow from 20% in 2014 to 36% in 2035. gasoline and diesel) represent the bulk of energy consumption throughout the forecast period.

2014 88

EIA forecasts US crude oil production rate to break record high in 2018 and again in 2019; 10.3 and 10.8 million b/d

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In its latest edition of the Short-Term Energy Outlook , the US Energy Information Administration (EIA) forecasts that US crude oil production will average 10.3 EIA also forecasts that 2019 crude oil production will rise further to an average of 10.8 million b/d of the forecast 1.2 Other regional forecasts are: Production from the Eagle Ford region is expected to be between 1.2 Gulf of Mexico production is forecast to average 1.7 Forecasts Fuels Oil

2018 75

Navigant forecasts global annual sales of LDVs of 122.6M by 2035, up 38% from 2015

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In a new report, Navigant Research forecasts global annual sales of light duty vehicles will reach 122.6 Navigant expects sales of conventional internal combustion engine (ICE) vehicles will fall significantly over the forecast period, experiencing a CAGR of -6.6%. of global LDVs in use; however, PEVs (which also includes PHEVs) will represent more than 2.2%, according to the forecast. — Transportation Forecast: Light Duty Vehicles.

2015 78

Navigant forecasts LD natural gas vehicles to account for 2.8% of global vehicle parc by 2024

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In a new report , Navigant Research forecasts that light-duty natural gas vehicle (LD NGV) sales will grow 119% between 2014 and 2024, culminating in 42.1 Navigant forecasts only 56,251 LD NGV sales in 2014 in North America. Forecasts Natural Gas Cumulative light-duty NGV sales by segment. Source: Navigant. Click to enlarge. million NGVs on the world’s roads and accounting for 2.8% of all vehicles on the roads.

2014 85

Toyota, Weathernews partner in research effort to improve accuracy of weather forecasts, increase driver safety using IoT and big data

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This is part of a joint research effort to increase the accuracy of weather observation and forecasts, and improve driver safety using Weathernews’ weather data and the vehicle data obtained from Toyota’s connected vehicles. In addition to its own observation network at approximately 13,000 locations nationwide, Weathernews makes use of 180,000 weather reports a day from users to provide highly accurate weather forecasts.

2019 86

Roskill forecasts increasing dependence of Li market on batteries; switch from portable electronics to hybrids

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In a forecast of the Lithium market through 2017, Roskill Information Services estimates that rechargeable batteries will, in the base-case growth scenario, contribute 75% of the growth in forecast lithium demand to 2017, when total demand for lithium is expected to reach slightly more than 238,000t lithium carbonate equivalent (LCE). Combined, this additional capacity totals just under 100,000 tpy LCE, enough to meet forecast demand to 2017.

2013 99

Honeywell Global Turbo Forecast projects 49M turbocharged vehicle sales, $12B revenue per year by 2019

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The automotive turbocharging industry will generate $12 billion in revenue by equipping 49 million vehicles with turbochargers annually by 2019, according to Honeywell Turbo Technologies’ 2014 Global Turbo Forecast. Continued pressure to improve the driver experience and meet future industry requirements is spurring the positive trend seen in this year’s forecast, which include double-digit growth in both North America and China. Engines Forecasts Fuel Efficiency Vehicle Systems

2014 89

Navigant forecasts 29.3% CAGR growth for electric-drive and electric-assisted commercial vehicles to nearly 160K units in 2023

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In a new report , Navigant Research forecasts that global sales of electric drive and electric-assisted medium- and heavy-duty commercial vehicles (MHDV, Classes 3 to 8) will grow from less than 16,000 in 2014 to nearly 160,000 in 2023, representing a compound annual growth rate (CAGR) of 29.3%. Navigant expects the highest sales penetration rate for an individual country to be in Japan, with a forecast 21.2% Electric (Battery) Fleets Forecasts Heavy-duty Hybrids Plug-ins

2015 94

Researchers forecast light-duty vehicle electricity use in 2050 considering electrification, autonomy and sharing: 13-26% of total demand

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The conventional Kaya identity used in transport energy and emissions forecasting considers vehicle miles travelled (VMT) and average energy density in kWh/mile to calculate total energy use. This approach is useful when models predicting aggregate total travel are stable enough to perform well over long forecast periods and fleetwide average energy intensity can also be projected with confidence. Autonomous driving Car Sharing Electric (Battery) Forecasts Power Generation

2018 60

IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

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IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 For the APAC region in 2015, IHS forecasts that China’s economic growth will decelerate further, to 6.5% —Lin Huaibin, manager, China light vehicle sales forecast, IHS Automotive. The IHS Automotive US light vehicle sales forecast for 2015 is 16.9 The Canadian light vehicle sales forecast from IHS Automotive for 2015 stands at 1.88 Forecasts Sales

2015 81

IHS Automotive forecasts global production of plug-in vehicles to rise by 67% this year

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Global electric vehicle production forecast for 2014. Electric (Battery) Forecasts Hybrids Manufacturing Plug-ins Source: IHS Automotive. Click to enlarge. Driven by tighter emission standards in Europe, worldwide production of plug-in electric vehicles(PEVs)—including both battery-electric (BEV) and plug-in hybrid (PHEV) models—will increase by 67% this year, according to IHS Automotive, driven by Polk. The jump in the PEV market this year contrasts with an expected 3.6%

2014 103

Forecast: marine hybrid propulsion market to reach $4.5B by 2022

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The research report, titled “ Marine Hybrid Propulsion Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 - 2022 ”, signifies that the increasing investment for research and development of marine hybrid propulsion systems by shipping companies is fueling the growth of the marine hybrid propulsion market to a significant extent. This segment is expected to maintain its dominance over the forecast period.

2015 78

Pike Research forecasts automotive Li-ion battery prices to drop by more than 1/3 by 2017

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billion by 2017, the market intelligence firm forecasts. billion and 28 million kWh market that Pike Research also forecasts by 2017. In its 2009 forecast on EV batteries, Pike forecast that Li-ion prices would drop to $470 per kWh in 2015. global transportation industry throughout the forecast period of this report (2011-2017), Pike noted, projecting that vehicles that use. Batteries Forecasts

2012 106

Scotiabank forecasts 4% growth in global auto market in 2015 to 74M units, led by China

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2015 forecast share by region. In its latest Global Auto Report , Scotiabank forecasts record global car sales in 2015, with the total market advancing 4% over 2014, reaching more than 74 million units. Under the forecast, China will thus represent 26% of global auto sales in 2015. Other elements of the forecast include: A slight increase in sales in Western Europe (from 12.1 Forecasts Market Background Sales Data: Scotiabank. Click to enlarge.

2015 78

IDTechEx forecasts $18B market for electric vehicle inverters in 2023

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The wide range in power and performance requirements, from small low voltage inverters used in electric scooters to large high power inverters used in hybrid and electric trucks, buses and military vehicles, creates a large emerging market space and set of market requirements and thus an opportunity for large number of suppliers of electric vehicle power electronic systems and components to supply demand, IDTechEx forecasts. Electric (Battery) Forecasts Hybrids Plug-ins Power Electronics

2012 81

Roskill sees recovery in lithium industry, buoyed by demand from rechargeable battery applications

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Q1 2020 saw monthly average prices fall further to less than US$7,000/t Li 2 CO 3 for the first time since 2014, eroding price increases caused by forecast strong demand growth in the lithium-ion battery industry and uncertainty over future supply.

2020 106

Pike Research updates xEV forecasts; projects Ford to lead US PEV market, followed by GM

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Pike Research has published an update to its earlier forecasts on xEVs: hybrid (HEVs); plug-in hybrid (PHEVs); and battery electric vehicles (BEVs). As a result of new assumptions, Pike Research has slightly reduced its forecasts for plug-in vehicles (PEVs: PHEVs and BEVs combined) from past forecasts. Highlights of the forecast include: HEVs will be the largest segment of xEVs through the period to 2020, with anticipated sales reaching 2.1

2012 91

Pike Research forecasts hybrids and plug-ins to grow to 4% of European market in 2020

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Pike Research forecasts that electric vehicles—conventional hybrids (HEVs), plug-in hybrids (PHEVs) and battery-electrics (BEVs)—will grow from 0.7% Pike Research forecasts that by 2020 more than 1.8 Electric (Battery) Europe Forecasts Hybrids Plug-ins SalesPike’s projected vehicle sales by electrified drivetrain, European markets: 2012–2020. Click to enlarge.

2013 100

Lux forecasts global driver assist market to grow to $102B market by 2030

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Autonomous driving Driver Assistance Systems Forecasts In a new research report, “ The $102 Billion Opportunity in Partial Automation for Cars ”, Lux Research calculates that the revenue opportunity from advanced driver assistance systems (ADAS) features will grow from $2.4 billion today to $102 billion in 2030, corresponding to a 26% CAGR.

2015 83

Navigant forecasts 40% of new vehicles in 2030 will have some form of autonomous driving capability; 75% by 2035

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In a new research report (“ Autonomous Vehicles ”), Navigant Research forecasts that by 2030, about 40% of new vehicles sold will have some form of autonomous driving capability installed. Navigant Research forecasts that 94.7 Autonomous driving Driver Assistance Systems Forecasts Vehicle Systems

2014 91

Tractica forecasts ADAS component shipments to hit 1.2B units by 2025, $89.3B annual revenue by 2025

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By that time, the market intelligence firm forecasts that the ADAS component market will reach $89.3 Tractica’s report, “Advanced Driver Assistance System Market Forecasts”, provides market sizing and forecasts for 27 types of advanced driver assistance systems, as well as 9 component types. System forecasts include unit shipments and attach rates, and component forecasts include unit shipments, attach rates, average selling prices, and revenue.

2016 76

Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

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in North America between 2014 and 2022, according to data from Navigant Research’s Electric Vehicle Market Forecasts report. Data from Navigant Research’s Electric Vehicle Market Forecasts report shows that by the end of 2014, the United States will have just over 304,000 PEVs on its roads. Electric (Battery) Forecasts Plug-ins

2014 112