Commercial Vehicles - Market Research and Insights
Commercial vehicles - those used for transporting goods or people - are the backbone of every economy. Historically, the commercial vehicle market has changed relatively slowly: fleet owners are typically cost conscious and slow to adopt new technologies. However, with increasing vehicle connectivity, automation and electrification, the pace of change is accelerating in the commercial vehicle market.
Existing forecast providers are focused on consensus, not accuracy. Interact Analysis thinks there is an opportunity to better support the commercial vehicle market. Existing forecasts are based on simplistic models: seasonality and economic growth are the two dominant factors used by forecast providers to project the market forward.
At Interact Analysis we think that a range of other factors – autonomy, electrification, light-weighting, ecommerce – will substantially change market dynamics and the complexity of forecasting. We will provide a fresh perspective on this market.
Interact Analysis will use it deep knowledge and advanced data techniques to develop industry leading market information for the commercial vehicle sector.