USD
GBP 
CNY 
EUR 
INR 
JPY 
MYR 
ZAR 
KRW 
THB 
2025 Vision of Transformations in Global Medium-Duty Truck Market
Growth in Value Truck Segment in BRIC and Next 11 Markets Offer Volume and Margin Opportunities to MD Truck OEMs
25-Jul-2016
Global
Market Research
K046-01-00-00-00
AU01331-GL-MR_18831
Abstract: Global thrust towards freight efficiency improvement will push the demand for alternative powertrains and advanced telematics-enabled technologies in medium duty (MD) trucks. By 2025, urbanization, proliferation of hub-and-spoke distribution, and the growth in ASEAN, Africa and Middle East markets will propel medium duty (MD) truck growth at CAGR 4.8% to touch 1.55 million units globally in 2025, from 972,000 units in 2015. However, the medium duty segment is facing volume pressure globally from growth in heavy duty trucks which are preferred for logistics between hubs and light city vehicles which are preferred for city distribution. However, sustained demand for the segment will come from urbanization and routing demand in the next 11 countries.
On the architectural front, cab-over type MD trucks are growing in demand vis-à-vis conventional trucks due to the impact of urbanization which drives the demand for more fuel-efficient truck design. Alternative powertrains will not experience significant adoption in MD trucks due to the negative impact on payload due to a larger fuel tank in CNG trucks and batteries in hybrid/fully electric powertrains. However, over the next 10 years, the penetration of telematics technology is expected to grow rapidly to more than 31% of VIO. By 2025, NA, EU and China are expected to account for 62% of telematics installed in trucks in operation, rising from 72% in 2015, indicating greater proliferation in other markets.
Top 5 Insights
Market Engineering Measurement
- Market Overview
- Competitor Overview
Volume growth MD Truck Market
Summary—Rise of Asian OEMs in Medium-duty Truck Market
MD Truck Price-positioning Forecast
Medium-Duty Truck Global Platforms
Vision of 2025 MD Truck Design Boundaries
- Build
- Weight
- Cab Features
- Suspension and Braking
- Transmission
- Engine
Key Findings and Future Outlook
Research Scope
Research Aims and Objectives
Research Background
Research Methodology
Key OEMs Compared in This Study
Definitions and Vehicle Segmentation
Impact of Top Mega Trends on the Medium-Duty Truck Market
Influence of Urbanization on Medium-Duty trucks
Impact of Urban Logistics on Medium-Duty Truck Design
Alternative Mobility Implication for Medium-Duty Trucks
Digital Transformation Implication for Medium-Duty Trucks
Rising Relevance of Connectivity in Medium-Duty Trucks
Connectivity Value Stream for Medium-Duty truck operations
Rise of Asian OEMs in Medium-duty Truck Market
Market Engineering Measurement
Global MD-HD Truck Market Forecast
Price Segments in Medium-Duty Trucks by Region
Global Product-Price Segment Specifications in Medium-duty trucks
Dominance of Cab-over-engine Type
MD Truck Price-positioning Forecast
OEM Platform-Price Positioning
MD Truck Powertrain Forecast
MD Truck Transmission Segment Forecast
Prime Movers & Services in Global Medium-Duty Truck Telematics
OEMs offering Telematics Services in Medium-Duty trucks
MD Truck Telematics Penetration Forecast
Japan & South Korea Commercial Truck Market Overview
Japan and South Korea Market Share Analysis
Example of Medium-Duty Trucks in Japan
Example of Medium-Duty Trucks in South Korea
Global Medium-Duty Truck Platforms of Select OEMs
Global Medium-Duty Truck Platforms
Medium-Duty Truck Global Platforms
Regional vs, Global Platforms—Comparative Analysis
Vision of Future MD Truck Design Boundaries 2025
Medium Trucks Regional Sales—Global OEM Performance
North America Market Share Analysis
Example of Medium-Duty Trucks in North America
South America Market Share Analysis
Example of Medium-Duty Trucks in South America
Europe Market Share Analysis
Example of Medium-Duty Trucks in Europe
India Market Share Analysis
Example of Medium-Duty Trucks in India
China Market Share Analysis
Example of Medium-Duty Trucks in China
Russia Market Share Analysis
Example of Medium-Duty Trucks in Russia
ASEAN Market Share Analysis
Example of Medium-Duty Trucks in ASEAN
North America MD Top 3 Truck OEM Comparison
South America MD Top 3 Truck OEM Comparison
European MD Top 3 Truck OEM Comparison
India MD Top 3 Truck OEM Comparison
ASEAN MD Top 3 Truck OEM Comparison
Key Conclusions
The Last Word—3 Big Predictions
Legal Disclaimer
Abbreviations and Acronyms Used
Learn More—Next Steps
Market Engineering Methodology
List of Figures
- 1. Medium-Duty Truck Market: Top 5 Insights, Global, 2015–2025
- 2. Medium-Duty Truck Market: Impact of Hub and Spoke Distribution, Global, 2015 and 2025
- 3. Medium-Duty Truck Market: Key Truck Platforms, Global, 2015
- 4. Medium-Duty Truck Market: Virtual MDT Truck, Global, 2025
- 5. Total MD Truck Market: Current and Future Outlook, Global, 2015 and 2025
- 6. Commercial Vehicle Market: Definitions and Segmentation, Global, 2015
- 7. Medium-Duty Truck Market: Impact of Urban Logistics, Global, 2015–2025
- 8. Medium-Duty Truck Market: Alternative Mobility, Global, 2015–2025
- 9. Medium-Duty Truck Market: Connectivity Ecosystem, Global, 2015–2025
- 10. Medium-Duty Truck Market: Market Engineering Measurements, Global, 2015
- 11. Medium-Duty Truck Market: Value Positioning, Global, 2015
- 12. Medium-Duty Truck Market: Key Truck Platforms, Global, 2015 and 2025
- 13. Medium-Duty Truck Market: Telematics Solutions, Global, 2015
- 14. Medium-Duty Truck Market: Key OEMs Offering Telematics Services, Global, 2015
- 15. Medium-Duty Truck Market: Key Global Truck Platforms and Engines, Global, 2016
- 16. Medium-Duty Truck Market: Key Truck Platforms, Global, 2015
- 17. Medium-Duty Truck Market: Virtual MDT Truck, Global, 2025
- 18. Medium-Duty Truck Market: Key Conclusions, Global, 2015–2025
List of Charts
- 1. Medium-Duty Truck Market: Market Engineering Measurements, Global, 2015
- 2. Isuzu Annual Unit Sales: 6T–10T, Global, 2015
- 3. Hino Annual Unit Sales: 5T–15T, Global, 2015
- 4. Medium-Duty Truck Market: Percent Unit Shipment Forecast, Global, 2015 and 2025
- 5. MD Truck Market: Value and Premium Truck Sales by Region, Global, 2025
- 6. Medium-Duty Truck Market: Key Truck Platforms, Global, 2015
- 7. Urbanization Percentage, Global, 2014 and 2030
- 8. Isuzu Annual Unit Sales: 6T–10T, Global, 2015
- 9. Hino Annual Unit Sales: 5T–15T, Global, 2015
- 10. MD-HD Truck Market: Unit Shipment Forecast by Region, Global, 2015 and 2025
- 11. Medium-Duty Truck Market: Price Segments, Key Regions, 2015
- 12. Medium-Duty Truck Market: Percent Unit Shipment Forecast, Global, 2015 and 2025
- 13. MD Truck Market: Value and Premium Truck Sales by Region, Global, 2025
- 14. Medium-Duty Truck Market: Powertrain Shipment Forecast, Global, 2015–2025
- 15. MD Truck Market: NG & Hybrid/Electric, Global, 2025
- 16. Medium-Duty Truck Market: Transmission Shipment Forecast, Global, 2015–2025
- 17. MD Truck Transmissions Market: Transmission Supplier Market Share, Global, 2025
- 18. Medium-Duty Truck Market: Telematics Penetration Forecast, Key Regions, 2015–2025
- 19. MD Truck Market: Share of Global Telematics Installations, Key Regions, 2025
- 20. Medium-Duty Truck Market: Sales, Japan & South Korea, 2015
- 21. Medium-Duty Truck Market: Market Share by OEM, Japan and South Korea, 2015–2025
- 22. Medium-Duty Truck Market: Key Truck Platforms, Global, 2015 and 2025
- 23. Medium-Duty Truck Market: Key Truck Platforms, Global, 2015
- 24. Medium-Duty Truck Market: Key Truck Platforms, Global, 2015
- 25. Medium-Duty Truck Market: OEM Unit Sales, Key Regions, 2015
- 26. Medium-Duty Truck Market: Market Share by OEM, North America, 2015–2025
- 27. Medium-Duty Truck Market: Market Share by OEM, South America, 2015–2025
- 28. Medium-Duty Truck Market: Market Share by OEM, Europe, 2015–2025
- 29. Medium-Duty Truck Market: Market Share by OEM, India, 2015–2025
- 30. Medium-Duty Truck Market: Market Share by OEM, China, 2015–2025
- 31. Medium-Duty Truck Market: Market Share by OEM, Russia, 2015–2025
- 32. Medium-Duty Truck Market: Market Share by OEM, ASEAN, 2015–2025
- 33. MD Truck Market: Market Share percent, NA, 2015
- 34. MD Truck Market: Market Share percent, SA, 2015
- 35. MD Truck Market: Market Share percent, EU, 2015
- 36. MD Truck Market: Market Share percent, India, 2015
- 37. MD Truck Market: Market Share percent, ASEAN, 2015
Speak directly with our analytics experts for tailored recommendations.
Recent related On-Road and Offroad Commercial Vehicles research
05 Aug 2022 | North America | Market Research
Global OEMs’ Strategies for Electric Light Commercial Vehicle Platforms
Currently, OEMs build electric light commercial vehicles (eLCVs) on various platforms, including converting/modifying internal combustion engine (ICE)-based vehicles, using flexible multi-energy platforms, and starting from scratch on dedicated electric vehicle (EV) skateboard platforms. ICE-based p...
29 Jul 2022 | North America | Market Research
Growth Opportunities in North American Off-highway Equipment
This research service analyzes the growth of the North American off-highway equipment industry. Government mandates and consortiums, which drive sustainable practices, will enable digital transformation and accelerated adoption of alternate powertrains. The requirement to better monitor and optimize...
15 Jul 2022 | Europe | Market Research
European Electric Truck Charging Infrastructure Growth Opportunities
With stringent emission norms and government incentives, electrification is poised to take off in Europe’s commercial vehicle segment. Technology advancements in battery and charging stations present huge opportunities for value chain participants. This study provides strategic insights on the Europ...
12 Sep 2019 | Global | Market Research
Strategic Analysis of TRATON SE, 2025
TRATON SE, erstwhile Volkswagen Truck & Bus, is on the transformational road from being a commercial truck and bus manufacturer to a mobility services provider. With the group’s MAN brand operating on wafer thin margins while Swedish heavy-truck and bus brand Scania enjoys double digit profit and gr...
12 Apr 2019 | Global | Market Outlook
Global Medium-Heavy Commercial Vehicle Market Outlook, 2019
Global medium-duty (MD) and heavy-duty (HD) trucks sales grew 4.5% in 2018 from 2017 due to sustained growth in top truck markets of North America, China (Heavy duty truck sales stayed above 1 million mark), along with continual growth in India, Brazil, Russia and Indonesia. In 2019, growth in Nort...
Purchase includes:
- Report download
- Growth Dialog™ with our experts
Growth Dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.