Transportation network companies should focus on driving costs out of their platforms to reach sustainable profitability

A new report from examines the global market for mobility as a service (MaaS) solutions, including carsharing, ride-hailing, micro transit, automated mobility, and peer-to-peer (P2P) rental services.

As more people move from rural areas to cities, an influx of personally owned vehicles is contributing to issues such as congestion, air quality, and traffic accidents. MaaS solutions can provide more flexibility than mass transit while also enabling the replacement of individually owned vehicles. : According to a new report from , global revenue generated by ride-hailing services is expected to grow to almost $1.2 trillion in 2026.

“During the next decade, ride-hailing provided by human drivers will lead services in the MaaS field, enabled by platform providers like Uber, Lyft, Didi, and Ola,” says Sam Abuelsamid, senior research analyst with Navigant Research. “The convenience of summoning a vehicle through an app and paying electronically makes this service appealing and gives it a distinct advantage over carsharing.”

However, while global ride-hailing services revenue will be enormous, transportation network companies (TNCs) must drive a lot of cost out of their platforms to reach sustainable profitability, something none have done so far. According to the report, as automated driving supplants human drivers, existing TNCs will find themselves challenged by services provided directly by the companies that manufacture vehicles. There is still significant room for growth before the MaaS market is saturated, but low switching costs for riders are expected to make it a challenging business.

The report, , examines the global market for MaaS solutions such as carsharing, ride-hailing, micro transit, automated mobility, and peer-to-peer (P2P) rental services. The study provides an analysis of the market issues, including drivers, challenges, and business and operational models, associated with MaaS. Global market forecasts, segmented by service and region, extend through 2026. The report also examines the key technology issues related to MaaS, as well as the competitive landscape. An Executive Summary of the report is available for free download on the .

Contact: Lindsay Funicello-Paul

+1.781.270.8456

* The information contained in this press release concerning the report, Mobility as a Service, is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.

Read more: Global Revenue Generated by Ride-Hailing...

New powertrain production strategies are expected to enable countries to work toward meeting new policies and regulations designed to limit emissions and boost fuel economy

A new report from examines the global market for low voltage electrification opportunities and challenges, providing global market forecasts for vehicle sales and the value of key components, segmented by global region, through 2026.

A combination of factors, including increasingly stringent fuel economy and emissions standards, is pushing the auto industry to reconsider its powertrain production strategies to electrification. Basic stop-start vehicles (SSVs) have become ubiquitous in many markets, and manufacturers are looking to advance the technology by increasing the operating voltage from 12 V to 48 V. : According to a new report from , global sales of light duty SSVs will exceed 57.6 million by 2026, accounting for 54 percent of all light duty vehicle sales—of these, about 21 percent will feature 48 V components.

“Current systems have reached the limit of practical electrical power availability at 12 V, and because efficiency and automation demands can be realized only by increasing the operating voltage, 48 V is the practical limit to avoid the need for additional safety protection,” says Sam Abuelsamid, senior research analyst at Navigant Research. “48 V stop-start systems will combine with other technologies, including micro- and mild-hybrid capabilities and electric turbochargers, to increase efficiency without the adoption of full hybrid or plug-in electric capability.”

This shift is expected to enable countries around the world to work toward meeting new policies and regulations designed to limit emissions and boost fuel economy, according to the report. New testing methodologies such as the World Light Duty Test Protocol (WLTP) and real driving emissions (RDE) tests, in addition to proposed bans on traditional internal combustion engines from the 2030s and 2040s onward in Europe and Asia, are just some of the challenges manufacturers hope low voltage electrification can overcome.

The report, , analyzes the global market for low voltage electrification opportunities and challenges. The study provides an overview of the market issues associated with improving light duty vehicle efficiency and the technologies that are likely to reach production. Global market forecasts for vehicle sales and the value of key components, segmented by global region, extend through 2026. The report also examines the main 48 V components related to low voltage vehicle electrification. An Executive Summary of the report is available for free download on the .

Contact: Lindsay Funicello-Paul

+1.781.270.8456

* The information contained in this press release concerning the report, Market Data: Low Voltage Vehicle Electrification, is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.

Read more: Global Sales of Light Duty Stop-Start Vehicles...

Energy storage is redefining how smart energy solutions can support the ongoing urban energy transformation

A new report from examines the relationship between energy storage and smart cities, providing an overview of relevant applications as well as drivers and barriers.

Smart energy technologies are increasingly expected to help address the sustainability needs of smart cities to reduce carbon-intensive peak energy use and to develop resilient energy systems. : According to a new report from , the emergence of energy storage solutions in conjunction with the deployment of distributed energy resources (DER) will improve the delivery of smart energy solutions in smart cities.

“Smart energy technologies such as energy storage will increasingly be called on to address the sustainability needs of the urban energy transformation now underway,” says William Tokash, senior research analyst at Navigant Research. “Specifically, energy storage is now poised to support the delivery of low carbon DER to reduce peak energy use and improve the resilience capabilities of urban landscapes by enhancing access to reliable electricity supply.”

According to the report, energy storage has experienced significant growth in the past 2 years due in part to its unique ability to support the deployment of flexible energy capacity. The emergence of energy storage’s ability to make DER more flexible, less carbon-intensive, and more resilient is redefining how smart energy solutions can support the sustainability needs of an integrated smart city technology and solutions platform.

The report, , examines the role energy storage can play in smart cities and how smart cities can drive the deployment of energy storage. The study provides an overview of energy storage applications within smart cities, including drivers and barriers for energy storage, and discusses how energy storage works within an integrated energy as a service framework. It also analyzes the role of energy storage in the delivery of low carbon peak energy and improving resilience. An Executive Summary of the report is available for free download on the .

Contact: Lindsay Funicello-Paul

+1.781.270.8456

* The information contained in this press release concerning the report, Smart Cities and Energy Storage, is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.

Read more: Energy Storage Can Improve the Delivery of Smart...

As a service models represent a shift in business spending and the beginning of a trend that is anticipated to become more common over the next 10 years

A new report from examines the global market for lighting as a service (LaaS) solutions in commercial buildings, providing market forecasts for revenue through 2026, as well as details on related services and the competitive landscape.

LaaS is the third-party management of a lighting system, including additional maintenance, financial, technical, or operational services. As more lighting products and controls come to market, LaaS is expected to experience a boost from customers who need assistance in choosing and maintaining up-to-date technologies that can provide cost savings to their businesses. : According to a new report from , global LaaS revenue is expected to grow from an estimated $662.6 million in 2017 to $2.6 billion by 2026, experiencing a compound annual growth rate of 16.6 percent.

“We are seeing a shift in the LaaS market from a traditional financing model to an increased number of turnkey services, which provide the customer with a full-scale offering from audit and design to installation to management and maintenance of the system,” says Krystal Maxwell, research analyst with Navigant Research. “The as a service business model, which shifts business spending from CAPEX to OPEX, allows companies to focus on their core business areas and ensures the outsourced business (LaaS) is being kept up to date with market developments by the service provider, especially through the growing number of turnkey services.”

According to the report, this shift in business spending is the beginning of a trend that is anticipated to become more common over the next 10 years. Additional market growth is expected to be driven by a maturing LED market, interest in the Internet of Things (IoT) applications, and increases to the bottom line.

The report, , examines the LaaS market for commercial buildings, with a focus on financing, maintenance, and turnkey services. The study addresses market issues, including key drivers and barriers, related to LaaS solutions. Global market forecasts for LaaS revenue, segmented by service type, building type, and region, extend through 2026. The report also examines the key services related to LaaS, as well as the competitive landscape. An Executive Summary of the report is available for free download on the .

Contact: Lindsay Funicello-Paul

+1.781.270.8456

* The information contained in this press release concerning the report, Lighting as a Service, is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.

Read more: Global Revenue for Lighting as a Service Is...

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