NEWSWIRETODAY Press Release& Newswire Distribution | HOME
MOST TRUSTED NEWSWIRE PRESS RELEASE DISTRIBUTION
PRTODAY / NewswireToday press release distribution service network
Written by / Agency / Source: Frost & Sullivan
Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Ride Share and Ride-hailing Boost Global Purpose-built Vehicle Demand According to Frost & Sullivan - The purpose-built vehicle market improves vertical integration and brings customers and manufacturers closer by eliminating gaps, says Frost & Sullivan
Ride Share and Ride-hailing Boost Global Purpose-built Vehicle Demand According to Frost & Sullivan

 

NewswireToday - /newswire/ - San Antonio, TX, United States, 2022/06/23 - The purpose-built vehicle market improves vertical integration and brings customers and manufacturers closer by eliminating gaps, says Frost & Sullivan.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive / Trucking / RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The need to address various requirements in ride share and ride-hailing expedites purpose-built vehicle (PBV) market growth, finds Frost & Sullivan’s recent analysis. This sector involves original equipment manufacturers (OEMs) designing, fabricating, and selling highly customized vehicles that adapt to customers’ application needs. With three innovative business models build-and-own, build-and-sell, and configure-and-buy the PBV market improves automotive business models’ vertical integration and brings customers and manufacturers closer by eliminating gaps.

“Conventional business models have multiple stages before vehicles reach consumers, resulting in end customers receiving incorrect, inaccurate, or incomplete information,” said Thanigesh Arumugam Parthasarathi, Mobility Research Analyst at Frost & Sullivan. “On the other hand, the PBV market offers optimization feasibility and enables customers to co-create vehicles with OEMs according to their requirements.”

Parthasarathi added: “The rise in the adoption of electric vehicles (EVs) drives shared service providers and OEMs to develop electric-driven PBVs. Further, the modular EV skateboard and electrical/electronic architectures followed by many PBV makers will enable new technological developments in vehicle design.”

Customers’ increasing preference for PBVs presents growth prospects for market participants in different areas, including:

• Disrupting the cargo delivery vehicle market: Logistics companies can commission PBVs to achieve maximum cargo space and reduce the fleet number and operational costs incurred by each fleet.

• Facilitating the advent of autonomous shuttles and robotaxis: Companies developing purpose-built shuttle services can consider optimizing the vehicle design to convert the same vehicle to autonomous shuttles and robotaxis in the future.

• Creating opportunities for start-ups: Automotive start-ups can leverage the PBV market to offer fresh concepts and create technologically updated vehicles for ride share and ride-hailing services.

Global Purpose-built Vehicle Strategic Insights and Growth Opportunities is the latest addition to Frost & Sullivan’s Mobility research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.

About Frost & Sullivan

For six decades, Frost & Sullivan (frost.com) has been world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion

Global Purpose-built Vehicle Strategic Insights and Growth Opportunities

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive / Trucking / RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick NewswireToday Visibility Checker

 

Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Automotive / Trucking / RV articles,
CATCH Visitors via Your Competitors Announcements!


Ride Share and Ride-hailing Boost Global Purpose-built Vehicle Demand According to Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name NewswireToday and LINK as the source.
 
Publisher Contact: Sol Curet - Frost.com 
877-463-7678 sol.curet[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Automotive / Trucking / RV via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Automotive / Trucking / RV Most Recent Related Newswires:

BlackBerry Commended by Frost & Sullivan for Optimizing Edge-to-cloud Performance, Security, and Scalability with its IVY Platform for Automakers
Global Automotive Plastics Market Boosted by the Need to Minimize CO2 Emissions Finds Frost & Sullivan
ABB Formula E London E-Prix Showcases Sustainable Transport Down By The River
Voith to Present Solutions for the Mobility Shift in Commercial Vehicles At IAA Transportation 2022
BASF Automotive Refinish Coatings Solutions is Leading Support to Peugeot Dealers in Europe
Global Independent Aftermarket Boosted by Out-of-Warranty Tesla Vehicles Finds Frost & Sullivan
MAN Builds Battery Factory in Nuremberg
VEDS HD+ - Electrical Drive System for Heavy-duty Commercial Vehicles
Qualcomm Deepens Relationship with PATEO to Create Next-Generation Qinggan Intelligent Cockpit Platform Solution
Frost & Sullivan Recognizes Sensata Technologies and its Aftermarket TPMS Brand Schrader with the 2021 Market Leadership Award
ETM Awards 2022 - MAN Truck & Bus Wins Again in the Truck, Bus, Van Categories
New MAN Lion's Intercity LE Wins IF Design Award 2022
MAN and ABB E-mobility Rev Up for the Next Phase of Electromobility in Long-haul Trucking
CARIAD Selects Qualcomm to Power Volkswagen’s Future Automated Driving Solutions
Stellantis and Qualcomm Collaborate to Power New Vehicle Platforms with Snapdragon Digital Chassis Solutions

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Heavenly Culture World Peace Restoration

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2022 NewswireToday — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com newswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are proudly NOT affiliated with USA TODAY (usatoday.com)