Press release
Global Heavy Duty Trucks Market 2024 Key Players Volvo, Daimler, Tata Motors, General Motors, FAW Group, Toyota, Freightliner, Ford, Volkswagen, ISUZU Motors, Navistar, Scania and Ashok Leyland.
Heavy-Duty Trucks Market
Request For Sample copy of this Report @
https://www.gminsights.com/request-sample/detail/2015
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.
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.
Heavy Duty Trucks Market by Class
• Class 5
• Class 6
• Class 7
• Class 8
Heavy Duty Trucks Market by Fuel
• Diesel
• Natural gas
• Hybrid electric vehicle
• Gasoline
Heavy Duty Trucks Market by Application
• Agriculture
• Logistics
• Construction
• Mining
• Others
Make an Inquiry for purchasing this Report @
https://www.gminsights.com/inquiry-before-buying/2015
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.
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.
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.
Browse Report Summery @ https://www.gminsights.com/industry-analysis/heavy-duty-trucks-market
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.
Daimler, Tata Motors, General Motors, FAW Group, Volvo, Toyota, Freightliner, Ford, Volkswagen, ISUZU Motors, Peterbilt, PACCAR, Kenworth, Navistar, FCA, MAN, Scania and Ashok Leyland are key heavy duty trucks market players.
Other significant companies in terms of geographical presence includes Iveco, Dongfeng Motor Group, Hino, Anhui Jianghuai Automobile, KAMAZ, Beiqi Foton, Beijing Auto Industry and China First Automobile Works Group.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Heavy Duty Trucks Market 2024 Key Players Volvo, Daimler, Tata Motors, General Motors, FAW Group, Toyota, Freightliner, Ford, Volkswagen, ISUZU Motors, Navistar, Scania and Ashok Leyland. here
News-ID: 1262168 • Views: …
More Releases from Global Market Insights, Inc
Point of Care Ultrasound Market Outlook 2021-2025 | Analogic, Canon Medical Syst …
Growing demand for fast and accurate diagnostic tools is expected to drive point of care ultrasound market growth in the ensuing years. Point-of-care ultrasound (POCUS) has become a standard tool in the emergency department, as it answers to specific clinical queries that narrow differentials, guide clinical therapy, and direct consultations and disposition.
Recent technological advancements have led to the development of miniature POCUS that range from stationary high-end systems to small…
Medical Tourism Market Forecast 2027 By Top Players Asklepios, KPJ Healthcare Bh …
Medical Tourism Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.
Every year millions of people travel abroad seeking medical treatment and efficient surgical procedures such as cosmetic surgery, cardiovascular surgery, orthopedic and dental surgery which is referred to…
Medical X-ray Market Outlook 2021-2027 | Top Players Siemens Healthcare, GE Heal …
Medical X-ray Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.
Researchers at Northwestern University have designed a new AI-based platform that analyses lung X-rays and detects COVID-19. The machine-learning (ML) algorithm, named DeepCOVID-XR, was able to outperform a…
Biosensors Market 2021 by Top Industry Players Abbott Laboratories, Bio-Rad Inte …
Biosensors Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.
Rising incidences of several serious disorders among the global population has evoked the need to detect these at early stages in order to obtain appropriate treatment on time. This…
More Releases for Trucks
Skateboard Trucks Market Scope, Future Prospects And Competitive Analysis 2021 t …
Analysis of the market growth is shown with accurate precision during this Skateboard Trucks market report. This includes an in depth market outline like snapshots that offer in-depth data of various segmentations. It shows the capable opportunities that in the market and advance towards that direction eventually. The market report could be a broad framework of the general market state of affairs that shows the trail to the business entrepreneurs…
What's driving the Heavy Duty Trucks Market trends? Daimler Trucks, MAN, PACCAR, …
Market Study Report LLC adds new research on Heavy Duty Trucks market, which is a detailed analysis of this business space inclusive of the trends, competitive landscape, and the market size. Encompassing one or more parameters among product analysis, application potential, and the regional growth landscape, Heavy Duty Trucks market also includes an in-depth study of the industry competitive scenario.
Heavy-duty (HD) trucks come under heavy-duty commercial vehicles and are used…
Heavy-Duty Trucks Market Scenario & Industry Analysis 2019-2025| FAW Group Corpo …
The global heavy-duty Trucks market size was USD 165.5 billion in 2017 and is expected to grow to USD 225.9 billion in 2025 due to the rising freight transportation owed to thriving economic situations. Increasing international, as well as domestic trade activities, is a key factor in creating lucrative breaks for the development of the target market globally.
Request sample copy of this report at: https://www.adroitmarketresearch.com/contacts/request-sample/879
Speedy industrial development is causing…
Heavy-Duty Trucks Market Statistics & Future Growth 2019-2025| FAW Group Corpora …
Global Heavy Trucks has various application, mostly depending on the end user requirement. The report also provides the various key strategies adopted by the leading players as the demand is increasing from emerging economies such as the Asia Pacific.
Request sample copy of this report at: https://www.adroitmarketresearch.com/contacts/request-sample/879
Current heavy-duty Trucks market share is derived on the basis of a thorough understanding of the forecast and dynamics of heavy-duty trucks in various…
Heavy Duty Trucks Market Analysis to 2025 with Daimler Trucks, MAN, PACCAR, Scan …
The qualitative research study conducted by Up Market Research titled “Global Heavy Duty Trucks Market Research Report 2019” provides primary Data, surveys, Scope of the Product and vendor briefings. The market dynamic forces have been determined after conducting a detailed study of the Global Heavy Duty Trucks Market. The study provides forecasts for Heavy Duty Trucks Market investments till 2025.
Request Sample Copy Of this Report @ https://www.upmarketresearch.com/home/requested_sample/80245
Heavy Duty Trucks Market…
Global Heavy-duty Trucks Market 2019 Industry Analysis : Daimler Trucks, MAN, PA …
Heavy-duty Trucks Market 2019 Research report contains a qualified and in-depth examination of Heavy-duty Trucks Market. At first, the report provides an overview of Product Specification, technology, product type and production analysis considering major factors such as Revenue, Cost, Gross and Gross Margin. It also covers detailed competitive outlook including the Heavy-duty Trucks market share and company profiles of the key participants operating in the global market.
Short Description about Heavy-duty…
