Global Heavy-Duty Trucks Market 2018 Key Players are Ford Motor, Toyota, Volvo, General Motors, Tata Motors, Daimler, Volkswagen, FCA, Navistar, FAW Group, Peterbilt, ISUZU Motors, Ashok Leyland, Freightliner, PACCAR, Scania, MAN, Peterbilt, Kenworth
Tesla’s latest Class 8 marvel is indeed a classic phenomenon that has posed several challenges for heavy-duty trucks market players. The automotive giant has unveiled the ‘Tesla Semi’ – its all-electric semi-truck that boasts of superior charging capacity and has been designed to travel from 0 to 60 mph in merely a 5-second span. In fact, towing a load of close to 80,000 lbs alongside, this truck can travel from 0 to 60 mph in just 20 seconds, setting quite a remarkable precedence for companies partaking in heavy-duty trucks industry share. What’s precisely noteworthy though, is not the Semi’s speed range or its aesthetic appearance, but the fact that it offers a transmission which requires no gear shifting with regenerative braking – essentially, a provision that delivers infinitesimal brake life for the vehicle. Endowed with such an amazing intrinsic design such as this, the Tesla Semi is certain to cause a stir in heavy-duty trucks market, the revenue of which stood at USD 110.5 billion in 2016.
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It is prudent to state that the Tesla Semi being a Class 8 wonder is an indicator of the fact that class 8 vehicles are indeed being pursued with renewed gusto by heavy-duty trucks industry players. In fact, a report by Global Market Insights, Inc., claims class 8 vehicles to accumulate the maximum revenue in heavy-duty trucks market over 2017-2024, pertaining to their enviable ability to sustain heavy loads. Generally deployed for high-power applications such as construction and mining, class 8 vehicles are diesel-powered and have a gross weight vehicle rating of more than 33,000 lbs. Subject to the extensive demand for these beauties, companies have been sparing no expense in R&D activities, to bring forth newer class 8 vehicles endowed with superior features, that would ultimately help augment the sales graph of the overall heavy-duty trucks industry.
Top Key Players:-
The key players of global Heavy-Duty Trucks Market are Ford Motor Company, Toyota, Volvo, General Motors, Tata Motors, Daimler, Volkswagen, FCA, Navistar, FAW Group, Peterbilt, ISUZU Motors, Ashok Leyland, Freightliner, PACCAR, Scania, MAN, Peterbilt, and Kenworth.
Asia Pacific is predicted to hold highest revenue share over the projected time span owing to the increasing manufacturing across the region, especially in developing countries such as India and China. High availability of raw materials and low-cost labors will promote heavy-duty trucks industry across the region.
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Major Points of Table Of Content:-
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
3.3.3. Distribution channel analysis
3.3.4. Vendor matrix
3.4. Technology landscape
3.5. Raw material analysis
3.6. Criteria affecting demand
3.7. Regulatory landscape
3.7.1. North America
3.7.3. Asia Pacific
3.7.4. Latin America
3.8. Industry best practices & key buying criteria
3.9. Pricing analysis
3.9.1. Regional pricing
3.9.2. North America
3.9.4. Asia Pacific
3.9.5. Latin America
3.9.7. Cost structure analysis, 2016
3.10. Industry impact forces
3.10.1. Growth drivers
3.10.2. Industry pitfalls & challenges
3.11. Innovation & sustainability
3.12. Growth potential analysis
3.13. Porter's analysis
3.13.1. Supplier power
3.13.2. Buyer power
3.13.3. Threat of new entrants
3.13.4. Threat of substitutes
3.13.5. Internal rivalry
3.14. Competitive landscape, 2016
3.14.1. Strategic dashboard
3.15. PESTEL analysis
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It is imperative to mention that in the last half a decade or so, the prevalence of high-grade technological advancements, say for instance, such as telematics services and self-driving has increased to a rather commendable extent. As on today, these technologies are considered to be some of the key drivers that help expand the consumer pool for heavy-duty trucks industry players. With tech-savvy clients willing to wield the convenience and flexibility of contemporary technologies, companies have been rapidly exploiting the latest tech-oriented mechanisms in product manufacturing, leading to increased vehicle sales and by extension, an escalated revenue collection for heavy-duty trucks market. With state-of-the-art technologies in action, in conjunction with the widespread penetration of truck fleets in several end-use domains, heavy-duty trucks market size is likely to depict a massive surge by the year 2024.
Automotive Electronics Control Unit (ECU) Market Size By Capacity (16-bit, 32-bit, 64-bit), By Vehicle Type (Passenger Cars, Utility Vehicles, Commercial Vehicles), By Mode (Autonomous Vehicles, Conventional Vehicles, Semi-autonomous Vehicles), By Propulsion Type (BEVs, Hybrid Vehicles, ICE Vehicles), By Application (ADAS & Safety, Body Control & Comfort, Infotainment & Communication, Powertrain), Industry Analysis Report, Regional Outlook (U.S, Canada, Germany, UK, France, Italy, Spain, Benelux, Poland, Sweden, Russia, China, India, Japan, South Korea, Taiwan, Thailand, Indonesia, Malaysia, Australia, Brazil, Mexico, Colombia, Argentina, South Africa), Growth Potential, Competitive Market Share & Forecast, 2018 – 2024
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