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Increasing use of blockchain technology will go together with growing advances in the construction and mining industry, especially through digitisation and automation. Key trends such as digital transformation, the rise in automation, modern equipment systems, and proliferation of financial technology (fintech) are influencing equipment models and ...

This growth insight is part of an ongoing quarterly tracker that monitors the trends and the developments in the Malaysian automotive market. It uses multi-level secondary as well as primary sources for data collation. This includes country-level official associations/federations, government authorities, country subject experts, and third-party sou...

23 Aug 2019  |  North America  |  Market Research

Life Cycle and TCO Analysis of Class-8 Trucks in North America, 2018–2032

TCO Over a 15-year Diesel Truck Life Cycle is Estimated to be ~$2.28 Million

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Frost & Sullivan's research service on the Life Cycle and Total Cost of Ownership analysis of class-8 trucks in North America forecasts a class-8 truck's total cost of ownership over a 15-year period. It analyzes the key total cost of ownership through measures, such as driver wages and benefits, fuel, truck payments, repair and maintenance, insur...

Vehicle leasing is seen as a solution to the growing number of challenges faced by companies with regard to their mobility needs. Amongst others, these include challenges associated with vehicle funding, fleet maintenance, and, more importantly, residual risk handling. Businesses in the present market conditions are focused on their core products/s...

Greenhouse gas/fuel efficiency regulations in TRIAD countries and increasingly stringent tailpipe emission standards in developing countries will shape the powertrain strategies of OEMs over the next decade. This study provides an overview of key future fuel efficiency and tailpipe emission regulations across different regions for heavy-duty comme...

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 North America, South America, Russia, India, Indonesia...

North America is the world’s second-largest commercial vehicle market based on annual unit sales. Commercial vehicles play a major role in determining the purchase price of consumer products: about 65% of the region’s freight is transported by road. The industry has been affected by fluctuating freight rates and significant driver shortages. Accord...

Vehicle leasing is seen as a solution to the growing number of challenges faced by companies with regard to their mobility needs. Amongst others, these include challenges associated with vehicle funding, fleet maintenance, and, more importantly, residual risk handling. Businesses in the present market conditions are focused on their core products/s...

Electrification in Commercial Vehicles (CV) will increase globally with the framing of strict emission regulations. The growing electric CV market will open up opportunities for new technologies and components that drive the vehicle. This study provides an overview of the key technology trends in electric drive train component market and also provi...