Frost & Sullivan: 65 Years of Identifying Growth Opportunities in Mobility

Helping Organizations Prepare for the Coming Transformation and Create Growth Opportunities Since 1961

Check out our exclusive infographic that explores detailed growth oppportunities impacting the future of mobility, electric vehicles and powertrains, connected and autonomous mobility, aftermarket and digital retail, shared mobility, leasing and rental, commercial mobility, off-highway vehicles, buses and coaches, and two- and three-wheelers.

Top 10 Strategic Imperatives Shaping the Global Automotive Aftermarket Industry

The automotive aftermarket industry covers all products and services supporting a vehicle after its initial sale, spanning parts distribution, independent and OEM-authorized workshops, battery replacement, diagnostics, and increasingly, software and data services. As vehicles evolve into connected platforms, the aftermarket is extending well beyond physical parts into digital diagnostics, cybersecurity, and subscription-based maintenance.

How the Global Bus Industry Is Competing and Growing: Top 10 Strategic Imperatives You Must Know

Technology is raising the bar on what a bus is expected to deliver in terms of emissions performance, passenger experience, and real-time operational intelligence. Fleet procurement is scaling, and regulatory frameworks are tightening worldwide. The global bus industry is moving from a hardware procurement cycle into a platform where powertrain choice, software integration, connectivity infrastructure, and total cost of ownership (TCO) are key distinguishers for growth amidst the ongoing transformation. Here are the top 10 strategic imperatives defining the global buses and coaches industry.

Frost & Sullivan Appoints Dr. Vinod K. Aggarwal as Chief Economist

Frost & Sullivan recently announced the appointment of Dr. Vinod K. Aggarwal as Chief Economist. Having collaborated with the company for more than two decades across a range of advisory and leadership roles, Dr. Aggarwal brings deep expertise in the interplay of industries, policy and global strategy.

In this new capacity, Dr. Aggarwal will lead Frost & Sullivan’s global initiatives to help governments, corporations and investors navigate the shifting dynamics of industrial policy, economic statecraft and non-industry strategy. His work will focus on how geopolitical change and technological transformation are redefining global competitiveness.

Longer Fleet Retention and Better Fleet Utilization to Sustain Growth in Medium- and Heavy-duty Commercial Vehicle Aftermarket

Digitalization of the service ecosystem and rising adoption of alternative fuel trucks are poised to further boost aftermarket expansion globally.

Global medium- and heavy-duty commercial vehicle (CV) sales fell by nearly 4.1% in 2025 compared to the previous year. Despite weaker truck sales, the CV aftermarket remained resilient in 2025. Global aftermarket revenue increased by 4.9%, with Asia-Pacific and Latin America recording the strongest year-over-year (YoY) growth. This is related to fleet operators across regions attempting to manage costs by extending vehicle ownership cycles and retaining trucks for longer periods. As a result, demand for replacement parts, repair services, and maintenance solutions has continued to rise steadily.

Growth in China Passenger Vehicle Navigation on Autopilot (NOA) Space to Hinge on Delivery of Scalable, Safe, and Commercially Sustainable Urban Autonomy Experiences

Urban NOA is emerging as a key battleground for differentiation, as automakers compete to enhance system performance, scalability, and user experience in increasingly complex urban driving environments.

China’s passenger vehicle navigation on autopilot (NOA) industry is entering a phase of rapid commercialization, moving beyond its early role as a premium differentiation feature to becoming a mainstream software-defined mobility layer.