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This research service presents a detailed analysis of the truck market in Turkey and focuses on medium and heavy duty truck segments. This study assesses the market from 2012 to 2021. The market has been segmented by tonnage and axle type, and covers the key models, average product-price range, and vehicle specifications in the various segments. In...

25 Jul 2016  |  Global  |  Market Research

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

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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...

10 Aug 2022  |  Global  |  Market Outlook

Global Medium- and Heavy-duty Commercial Vehicle Aftermarket Outlook, 2022

Average Miles Driven and Spend per Vehicle to Rise Sharply and Result in Transformational Growth

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In 2021, the aftermarket rebounded strongly from the COVID-19 pandemic of 2020, as vehicles in operation (VIO), average miles driven, and spend per vehicle increased. However, parts shortages remain a year after the global economy has reopened, and the skilled labor shortage of truck drivers and service technicians is approaching critical levels. T...

Electrification in trucking is gaining momentum as a Mega Trend, with new mobility models shaping the industry s future. Various sub-trends within electric vehicles (EVs), such as battery EVs (BEVs) and FCEVs, are increasingly popular as emission norms become stricter and the focus on achieving cleaner forms of goods transportation is higher. The p...

The four megatrends driving transformation in the commercial vehicle (CV) industry are connected, autonomous, shared, and electric (CASE). Digital transformation through CV innovation will help to achieve a cleaner, safer, and more sustainable environment, with a proliferation of electric CVs expected in the upcoming decade. Tesla, Nikola Motors...

04 Nov 2016  |  North America  |  Market Research

Medium- and Heavy-Duty Truck Steering System Market in North America, 2015–2022

Addition of Active Steering Technology is Catalyzing the Active Safety Systems Market

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The commercial vehicle market has a traditional business model that has resisted change for many years. However, technological advances such as advanced/active steering systems are changing market dynamics and increasing the cost of new trucks. Fleet managers have emphasized that they are not particularly concerned with or considering the installat...

Fiber optic sensing solutions utilize the light medium as the physical source to detect variations in temperature, acoustics, strain, and vibrational parameters. Fiber optic sensing uses an optical fiber cable as the sensor device to create a continuous point of sensing along the fiber cable. This method of sensing is known as distributed fiber opt...

The global commercial vehicle market faced significant headwinds in 2024, with declining sales in the medium-duty (MD) and heavy-duty (HD) truck segments. This trend continued into the first half of 2025. Economic uncertainty, exacerbated by trade and tariff policies in the United States, stricter emission standards, rising inflation, supply chain ...

This Frost & Sullivan study covers the Class 4-8 transmission replacement aftermarket in North America and forecasts market size from 2023 to 2029. The base year is 2022, and the study period is from 2019 to 2029. The study analyzes key medium-duty (MD) and heavy-duty (HD) truck transmission replacement trends in the aftermarket and examines the ne...