Press release
Heavy-duty Trucks Market to Grow at 1.41% CAGR to 2021: Analysis of Key Players, Trends, Drivers & Challenges
Global Heavy-duty Trucks Market is Projected to grow at 1.41% CAGR during the period 2017-2021. Heavy-duty Trucks Industry research report also provides granular analysis of the market share, Size, segmentation, revenue forecasts and geographic regions of the market.Heavy-duty (HD) trucks come under heavy-duty commercial vehicles and are used for cargo transportation, logistics operations, construction, mining, and agricultural fields for various functions. HD trucks include dump trucks, tractor-trailers, tank trucks, and haul trucks. Heavy-duty (HD) trucks come under HCVs and are used for cargo transportation, logistics operations, in construction, mining, and agricultural fields for various functions. HD trucks include dump trucks, tractor-trailers, tank trucks, and haul trucks. The cost range of a HD truck in the low-cost market is $24,000- 49,000, in the medium-cost market is $50,000- 71,000, and in a premium market, the cost is above $71,000.
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Covered in this report
The report covers the present scenario and the growth prospects of the global heavy-duty trucks market for 2017-2021. To calculate the market size, the report considers the new unit sales and exclude used vehicles sales and market sizing in terms of value.
The market is divided into the following segments based on geography: Americas, APAC and EMEA.
The research report, Global Heavy-duty Trucks Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Global Heavy-duty Trucks Market Key vendors as Daimler Trucks, MAN, PACCAR, Scania, Volvo Trucks, Ashok Leyland, FAW Group Corporation, ISUZU MOTORS, Iveco, Mack Trucks, Scania and Tata Motors.
Market driver:
Increased adoption from rental service for construction and logistics business
For a full, detailed list, view our report
Market challenge:
Chinese low-cost market can threaten global players' existence
For a full, detailed list, view our report
Market trend:
Alternative fuel HD trucks
For a full, detailed list, view our report
Key questions answered in this report
What will the Global Heavy-duty Trucks Market size be in 2021 and what will the growth rate be?
What are the key of Global Heavy-duty Trucks Market trends?
What is driving this Global Heavy-duty Trucks Market?
What are the challenges to Global Heavy-duty Trucks Market growth?
Who are the key vendors in this Global Heavy-duty Trucks Market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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