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OEMs need to look beyond traditional vehicle/spare-part sales and services to differentiate their products, offer end-to-end customized solutions in a highly connected environment, combat competition, and use win-win relationships across the value chain. This research service analyzes various business model parameters of a commercial vehicle OEM un...

01 Jul 2021  |  Global  |  Market Research

Global Fuel Cell Trucks Growth Opportunities

The Prospect of Fuel Cell Trucks in Hydrogen Economies is Intriguing for Companies That Pursue Zero-emission Mobility Solutions

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Globally, countries are increasingly adopting policies to increase the pace of transition toward zero emission. Governments are evaluating different pathways to achieve carbon neutrality, and investments, and activities in the energy sector are directed around it. Commercial vehicles currently are among the major carbon emitters, with very high per...

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 growth, the group has laid a target of 9% profit mar...

This study conducts a detailed assessment of the impact of the new axle load norms on the commercial vehicle (CV) Industry in India. The new norms, applicable from16 July 2018, are meant to bring gross vehicle weights (GVWs) in India at par with that of other global markets. The government believes this will help restrict the vehicle population in ...

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...

27 Feb 2020  |  South Asia, Middle East & North Africa  |  Market Outlook

Indian Commercial Vehicles Market Outlook, FY2020

The Indian Commercial Vehicle Industry is Expected to Witness Slow Growth in FY2020 Due to Impeding Effect of New Axle Load Norms, Stringent Regulatory Environment and Economic Slowdown

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The aim of this study is to understand the emerging market and technology trends shaping the Indian commercial vehicle industry, estimate the outlook for 2020, and forecast the industry volumes till 2025 by assessing the impact of current and upcoming regulations and norms. The Indian commercial vehicle market is experiencing changes due to heavy ...

In this report, Frost & Sullivan studies the light commercial vehicle (LCV) and medium and heavy-duty (M&HD) truck segments for six regions: North America, Europe, China, India, Latin America, and the Association of Southeast Asian Nations (ASEAN). The study period is 2022–2023, with 2022 as the base year and 2023 as the forecast year. We segmen...

05 Jul 2017  |  Europe  |  Market Research

Strategic Overview of the Commercial Vehicle Aftermarket in Europe, Forecast to 2023

OES Channel Expansion and Advancing In-vehicle Telematics to Drive CV Aftermarket

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Commercial vehicles (CV) parc in the European market was estimated at 38.9 million in 2016 and is projected to grow at a compound annual growth rate (CAGR) of 1.9% to reach 44.2 million by 2023. Eastern European countries, Germany, and the United Kingdom are expected to witness the highest growth in CV parc during the forecast period, which means g...

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...