Europe Truck Market Top Key Players - Daimler AG, Volvo AB, MAN Truck & Bus AG, Scania AB, Iveco S.p.A., DAF N.V., Belarus, Mercedes Benz, MAZ, KrAZ

In the latest generation of trucks, technological innovations (through new engines, tires, lighter materials, etc.) have significantly reduced pollution and improved fuel economy. Euro 6 applies to new trucks, not trucks of the previous Euro class, which are less efficient and more polluted. There is also no guarantee that the initial Euro standards will be met in the long run. For Euro 6 this is necessary, but experience with the latest standards is clearly limited. Due to vehicle turnover, it could take at least 10 years to have a significant impact on vehicles using major highways. However, emissions from trucks in cities are still a serious problem.

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EUROPE TRUCK MARKET DYNAMICS

As Original Equipment Manufacturers (OEMs) attempt to resume production with large investments in the market, increasing demand for powerful vehicles with more payload and strong suspension systems capable of supporting their weight, increasing demand for fuel-efficient trucks, and carbon dioxide Strict laws and regulations on emissions. The European Authority for Vehicle Control and Safety has set new fuel economy standards for large vehicle engines fueled by diesel, natural gas and other fuels.

The Russian truck market is dominated by domestic players with a limited presence of foreign truck manufacturers and a small number of registrations for their products. GAZ, the dominant manufacturer, boasts a wide range of models, but KamAZ's portfolio is relatively limited and Daimler owns 10% of KAMAZ. European and Japanese OEMs such as Daimler, Volkswagen and Isuzu are looking to capitalize on strong market growth with a range of models. The VW has some advantages in the market thanks to its joint venture with local MAZ.

EUROPE TRUCK MARKET SEGMENTATION

The Europe Truck Market can be segmented into following categories for further analysis.

By Truck Application

• Light Duty Trucks
• Medium Duty trucks
• Heavy Duty Trucks


By Truck Haulage Type
• Long Haulage Trucks
• Short Haulage Trucks

By Type of Consumption

• Materialised Cargo based Movement
• Vehicular Cargo Based Movement
• Packaging Cargo Movement

RECENT TECHNOLOGICAL TRENDS IN EUROPE TRUCK MARKET

The Internet of Technology has been integrated into the improvement system of trucks moving across Europe. The Internet of Things (IoT) is a network of devices, vehicles, and devices that can actively transmit data. For example, a network of sensors installed throughout the vehicle can monitor everything from tire pressure to load stability. Autonomous or platoon cargo systems. This allows carriers and shippers to process and select more data.

In addition to these technologies, autonomous trucks and systems will be some of the most advanced truck technologies on the market. Autonomous and electric vehicles, platoons, big data, integrated technologies: innovations in freight transportation are undoubtedly driving the industry forward. Smart solutions have fundamentally changed the way goods are transported around the world, and analytics have created more efficient supply chains.

COMPANIES PROFILED
• Daimler AG
• Volvo AB
• MAN Truck & Bus AG
• Scania AB
• Iveco S.p.A.
• DAF N.V.
• Belarus
• Mercedes Benz
• MAZ
• KrAZ

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