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Heavy Duty Trucks Market Global Analysis by Outlook Profiling - General Motors, FAW Group, Volvo, Toyota, Freightliner, Ford, Volkswagen, ISUZU Motors
Heavy-Duty Trucks Market, Heavy-Duty Trucks Market Study, Heavy-Duty Trucks Market Size, Heavy-Duty Trucks Market Segmentation, He
Development of road network coupled with rising global sourcing of vehicle components will support the product demand. Several manufacturing companies are focusing on enhancing the profit margins by relying on customers from logistics and construction applications over the forecast timespan.
Report Mainly focuses on the top Manufacturers in global market are given bellow
Daimler, Tata Motors, General Motors, FAW Group, Volvo, Toyota, Freightliner, Ford, Volkswagen, ISUZU Motors, Peterbilt, PACCAR, Kenworth, Navistar, FCA, MAN, Scania and Ashok Leyland
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The Heavy-Duty Trucks Market Report gives a clear picture of the current situation of the market which covers global industry analysis, size, share, growth, trends, key statistics and forecast Till 2024. The report on global Heavy-Duty Trucks market evaluates the growth trends of the industry through historical study and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2017-2024. The market size in terms of revenue (USD MN) is calculated for the study period along with the details of the factors affecting the market growth (drivers and restraints).
By Class
Class 5
Class 6
Class 7
Class 8
By Fuel
Diesel
Natural Gas
Hybrid Electric Vehicle
Gasoline
By Application
Agriculture
Logistics
Construction
Mining
Stringent government protocols pertaining to emission control with the requirement for replacing the old vehicles will further fuel the product sales. Majority of the customers rely on the core values of offering products along with high quality, safety and environmental care features. Products offering higher power required by the applications will boost the overall heavy duty trucks market growth.
Rise in labor cost, particularly in several emerged economies, coupled with fluctuation in the raw material prices may act as a restrain to the industry growth. Furthermore, economic uncertainty in several European countries may hamper the business expansion.
In 2016, class 5 contributed to over 12% of the overall industry share in terms of volume. This can be credited to superior features including wide usage in construction and logistic sectors. Furthermore, sturdy development in the manufacturing, particularly from emerging countries, is anticipated to further support the industry growth.
Natural gas will generate demand at over 160 thousand units in the heavy duty trucks market by 2024. Improved fuel efficiency and growing preference toward low emissions will support the industry expansion. Rising number of natural gas filling stations coupled with superior mileage offered by the product will propel the industry demand.
Logistics segment is anticipated to witness a substantial growth rate with a rate of 4.9% up to 2024. Increasing orders for new lorries due to enhanced recovery of equipment manufacturers from tumbling freight market will support product penetration. Bulking up of new orders and specialized balance in inventory levels will positively impact the heavy duty trucks market size.
Asia Pacific is projected to register the maximum revenue share over the forecast timeframe due to the increasing production across the region, particularly in emerging economies including China and India. High availability of cheap labor and raw materials will foster heavy duty trucks market growth across the region.
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The above information is provided on a regional and country basis for the following:
North America (U.S., Canada)
Europe (Mexico, Belgium, Finland, France, Germany, Italy, Lithuania, Spain, Russia, Sweden, UK, Norway)
Asia Pacific (China, Japan, India, South Korea, Thailand, Malaysia, Singapore, Vietnam, Indonesia)
Latin America (Brazil, Argentina, Peru)
MEA (Iran, Turkey, KSA, UAE, South Africa, Egypt)
Increasing domestic and international trading activities across the globe will significantly propel the heavy duty trucks market size over the forecast period. Road and rail lead the freight transport unit enhancing the overall business growth. Upsurge in fleet size will positively support the logistics and construction sectors, which in turn will drive heavy duty trucks market share. Growing demand for heavy commercial vehicles used in agricultural and mining applications with improved transmission will further support the product penetration.
Few Chapter of TOC
Chapter 1. Methodology and Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Scope, definitions, and forecast parameters
Chapter 2. Executive Summary
2.1. Heavy-duty trucks market industry 3600 synopsis, 2013 - 2024
2.1.1. Business trends
2.1.2. Class trends
2.1.3. Fuel trends
2.1.4. Application trends
2.1.5. Regional trends
Chapter 3. Heavy-Duty Trucks Market Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Raw material suppliers
Chapter 4. Heavy-Duty Trucks Market, By Class
4.1. Global heavy-duty trucks market share by class, 2016 & 2024
4.2. Class 5
4.2.1. Market estimates and forecast from class 5, 2013 – 2024, (Thousand Units) (USD Million)
4.2.2. Market estimates and forecast by region, 2013-2024, (Thousand Units) (USD Million)
4.3. Class 6
4.3.1. Market estimates and forecast from class 6, 2013 – 2024, (Thousand Units) (USD Million)
4.3.2. Market estimates and forecast by region, 2013-2024, (Thousand Units) (USD Million)
4.4. Class 7
4.4.1. Market estimates and forecast from class 7, 2013 – 2024, (Thousand Units) (USD Million)
4.4.2. Market estimates and forecast by region, 2013-2024, (Thousand Units) (USD Million)
4.5. Class 8
4.5.1. Market estimates and forecast from class 8, 2013 – 2024, (Thousand Units) (USD Million)
4.5.2. Market estimates and forecast by region, 2013-2024, (Thousand Units) (USD Million)
Chapter 5. Heavy-Duty Trucks Market, By Fuel
5.1. Global heavy-duty trucks market share by fuel, 2016 & 2024
5.2. Diesel
5.2.1. Market estimates and forecast from diesel, 2013 – 2024, (Thousand Units) (USD Million)
5.2.2. Market estimates and forecast by region, 2013-2024, (Thousand Units) (USD Million)
5.3. Natural gas
5.3.1. Market estimates and forecast from natural gas, 2013 – 2024, (Thousand Units) (USD Million)
5.3.2. Market estimates and forecast by region, 2013-2024, (Thousand Units) (USD Million)
5.4. Hybrid electric vehicle
5.4.1. Market estimates and forecast from hybrid electric vehicle, 2013 – 2024, (Thousand Units) (USD Million)
5.4.2. Market estimates and forecast by region, 2013-2024, (Thousand Units) (USD Million)
5.5. Gasoline
5.5.1. Market estimates and forecast from gasoline, 2013 – 2024, (Thousand Units) (USD Million)
5.5.2. Market estimates and forecast by region, 2013-2024, (Thousand Units) (USD Million)
Chapter 6. Heavy-Duty Trucks Market, By Application
6.1. Global heavy-duty trucks market share by application, 2016 & 2024
6.2. Agriculture
6.2.1. Market estimates and forecast from agriculture, 2013 – 2024, (Thousand Units) (USD Million)
6.2.2. Market estimates and forecast by region, 2013-2024, (Thousand Units) (USD Million)
6.3. Logistics
6.3.1. Market estimates and forecast from logistics, 2013 – 2024, (Thousand Units) (USD Million)
6.3.2. Market estimates and forecast by region, 2013-2024, (Thousand Units) (USD Million)
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