5 Things to Know About the Automotive Regenerative Braking System Market

According to a new market research report by BIS Research titled Global Automotive Regenerative Braking System Market - Analysis and Forecast: 2017–2026, the global regenerative braking system (RBS) market is expected to reach a value of $24.52 billion by 2026.

Topics: Energy & Resources Transportation & Shipping Heavy Industry

The Global Trucking Industry and the Role of Artificial Intelligence

In its US Freight Transportation Forecast publication, the American Trucking Association (ATA) has estimated that freight transport in the US will grow to 20.73 billion tons by 2028, a growth of 36.6% from that of 2017 numbers (15.18 billion tons).

Topics: Software & Enterprise Computing Transportation & Shipping Industry Insights Heavy Industry

Artificial Intelligence in Cars: What to Expect from 2017 to 2021

Self-driving cars represent the next generation of personal vehicles. Self-driving cars with artificial intelligence are starting to be used in 2017 and will gain more use in 2018.

By 2021, all the new personal vehicles being sold will have autonomous capability, which has the potential to increase performance and safety dramatically. 

Topics: Software & Enterprise Computing Transportation & Shipping Industry Insights

Global Unmanned Ground Vehicle Market to Reach $9.06 Billion by 2023

According to a recent research report by BIS Research, titled Global Unmanned Ground Vehicle Market - Analysis and Forecast (2016-2023), the global unmanned ground vehicle market is expected to reach $9.06 billion by 2023. The major factors contributing to the growth of the market are reduced human intervention, increased efficiency and the flexibility offered by unmanned ground vehicles (UGVs).

Topics: Transportation & Shipping Public Sector Industry Insights

Global Digital Transformation: 2017 Predictions from IDC

The International Data Corporation (IDC) FutureScape series provides clear predictions and expert insights to help technology suppliers, investors, IT professionals, and business executives strategize for the future.

Eight of these studies are highlighted below which cover a variety of areas undergoing transformative change including oil and gas, robotics, 3D printing, retail, connected vehicles, and more. Read on to learn about IDC’s 2017 predictions, and click to the report pages to access more detailed information.

Topics: Retail Energy & Resources Transportation & Shipping Consumer Electronics Marketing Public Sector Industry Insights

Ultra-Low-Cost Carriers Take Off

The US airline industry features three types of carriers in terms of operating model: traditional carriers, low-cost carriers (LCCs), and ultra-low-cost carriers (ULCCs). ULCCs – largely represented by Spirit Airlines (Spirit), Frontier Airlines, and Allegiant Travel Company (Allegiant) – experienced impressive revenue growth over the 2010-2015 period.

Topics: Energy & Resources Transportation & Shipping Industry Insights Heavy Industry The Freedonia Group

Robotics and the Future of Motorcycle Testing

Technological innovation is transforming all aspects of the motorcycle production process, even the product testing phase. The development of new, state-of-the-art testing technologies allows companies to design and produce cutting-edge motorcycles that offer increased safety and superior performance.

Topics: Transportation & Shipping Industry Insights Heavy Industry The Freedonia Group

Motorcycles: Visions of the Future

The future of motorcycles is being forged today. Leading manufacturers are developing new technologies with the potential to revolutionize the riding experience. 

This wave of innovation, however, has garnered sparse news coverage. The media has focused on developments in the automotive industry such as self-driving cars and electric vehicles, paying little attention to similar trends in motorcycles. 

Topics: Transportation & Shipping Industry Insights Heavy Industry The Freedonia Group

The Rising Demand for Public Transport in the US

When it comes to transportation in the US, most people drive themselves. The US Census Bureau's American Community Survey 5-year estimates for 2014 indicate that about a quarter of American workers get to work primarily by driving themselves. In 2014, there were 214 million licensed drivers in the US, and light vehicles traveled 2.7 trillion miles.

However, according to the Bureau of Economic Analysis, between 2000 and 2015 consumer spending on public transportation services outgrew spending on new motor vehicles, with the former increasing at a compound annual growth rate (CAGR) of 2.2 percent and the latter at a CAGR of 1.8 percent. In 2015, consumer spending on public transportation exceeded $100 billion in the US for the first time ever.

Topics: Transportation & Shipping Heavy Industry The Freedonia Group

4 Trends to Track in the Transportation Industry

While the potential of autonomous vehicles should not be underestimated, it would be a mistake to ignore other fast-growing technologies in the transportation industry.

Before self-driving cars become the norm, a host of other innovations will change how people move. Read on to learn about four global transportation markets that are poised to achieve exponential growth by 2020.

Topics: Transportation & Shipping Industry Insights Heavy Industry