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This Frost & Sullivan research indicates that the trucking industries in North America and Europe are increasingly facing a shortage of skilled drivers and are apprehensive about the economic outlook (future of the economy? viability of the market?) and their operating margins. Total cost of ownership (TCO), downtime reduction, regulation complianc...

11 Dec 2017  |  North America  |  Market Research

Global Combine Harvester Machinery Market of Select Countries, Forecast to 2024

The Global Combine Harvester Machinery Market Value will Reach $11.27 Billion by 2024, with Volume Growing at 5.8% CAGR During 2016–2024

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Key Issues Addressed

This deliverable analyzes the global combine harvester machinery market for select countries and provides a global combine harvester machinery market forecast, discusses market drivers and restraints, challenges and opportunities, and the competitive landscape from 2016 to 2024. The study covers 5 key regional markets—North America, Latin America, ...

The North American commercial vehicle retreading market is expected to grow marginally to 15.1 million units by 2025 from 14.5 million units in 2016. Some of the key factors currently influencing the retreading market are improved quality of tread life, high supply of casings, increasing labor costs, and shortage of skilled technicians. One key ris...

10 Jul 2017  |  North America  |  Market Research

Growth Opportunities and Implications of the Electronic Logging Device (ELD) Mandate in North America

Total ELD Addressable Market to Surpass 4 Million by 2019

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The aim of this study is to analyze developments in the Electronic Logging Device (ELD) market for Commercial Vehicles in North America (US and Canada) and present an overview of market growth opportunities and implications. Major focus is on trends such as pricing, package, business case, and solution types in addition to the significance of value...

21 Dec 2022  |  Europe  |  Market Research

European Off-highway Equipment Industry Growth Opportunities

Sustainability Targets and a Looming Energy Crisis Will Affect Electrification and Digitization

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Sustainability targets and the requirement to reduce operational costs, maintenance costs, and equipment downtime have increased the need for synergies across the off-highway value chain in Europe. The requirement for electric charging and hydrogen fuel infrastructure increases and the need to digitize processes becomes more urgent, thus pushing to...

22 Feb 2018  |  North America  |  Market Research

North America Used Truck Market Analysis, Forecast to 2025

Sales Volume of Class 8 Used Trucks to Reach 281,000 Units By 2025

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Key Issues Addressed

The demand for used trucks is expected to remain flat in the short term and gain strength in the medium term following the implementation of greenhouse gas (GHG) phase 2 regulations, combined with the upcoming fleet replacement cycle in 2019-2020. Many owner-operators and other smaller fleets are still uncomfortable with the low used truck prices a...

A survey was conducted to understand fleet, asset tracking, and shipment monitoring in the Indian logistics service delivery market. It included decision makers and key influencers of fleet and logistics asset or shipment monitoring associated with multinational and local second-party logistics (2PL), third-party logistics (3PL), and fourth-party l...

PACCAR Inc is expected to increase its medium- and heavy-duty truck unit sales at a compound annual growth rate of 4.8% from 2016 to 2025, which will help it maintain its share of the global truck market. While rising unit sales will not be the key driver for sustained profitability, revenue from services such as telematics-based fleet management s...

Autonomous trucks are the next logical step to overcome logistics bottlenecks and match pace with the rapidly changing freight carriage ecosystem. Unlike human drivers, who must limit their operating hours to remain safe, autonomous systems can operate trucks 24-7, increasing commodity flow in the freight value system. Several leading automotive OE...