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Electric buses will find traction across major regions driven by emission regulations, battery price drop, the emergence of low emission zones, purchase subsidy, and tax exemptions. The growing adoption of electric transit buses has enabled global sourcing and supply chain for alternate powertrain buses. The market is witnessing strong collaborati...

The Western European used truck market has steadily improved over the past few years and has achieved stronger valuation. Many external factors have positively contributed to market growth, including the enahnced government emission regulations and the aging truck parc. However, the recent economic trend, along with the approaching peak equipment r...

Economic recovery post the pandemic, increased demand for freight, and replacement of aging truck fleets will all provide a boost to commercial vehicle (CV) sales in 2021. The shift in last mile delivery will be the most significant trend impacted by COVID-19, resulting in the emergence of tailored last mile delivery solutions that address dynamic ...

07 Nov 2022  |  North America  |  Market Research

Global OEM Strategies for Electric Medium- and Heavy-Duty Truck Platforms

Dedicated Electric Platforms Set to Ensure Transformational Growth of the NA and European M&HD Truck Market by 2030

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OEMs in the electric truck space are currently pursuing two types of platforms: one based on the internal combustion engine (ICE) platform and the other on a dedicated electric platform. Established OEMs are primarily pursuing the former, while most new-age pure-play EV start-ups prefer the latter; however, established OEMs are also simultaneously ...

27 Oct 2016  |  North America  |  Market Research

Hybrid-Electric Truck and Bus Market Growth Trajectories in North America and Western Europe

Rapid Growth Expected Beyond 2020 with Penetration of New Green MD-HD Trucks and Buses Reaching 7.4% by 2025

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The European Union's Vision 20-20-20 for emission reduction combined with the proliferation of shale gas in North America is renewing interest in alternate and cleaner powertrain technologies. Although fully electric vehicles are considered the definitive future of automobile powertrains, existing limitations in battery range and cost competitivene...

27 May 2016  |  North America  |  Market Research

Top 10 Trends in the North American Medium- and Heavy-duty Commercial Vehicle Aftermarket

Connected Trucks and Legislation Will Play a Key Role in Creating a $33 Billion Market by 2022

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This strategic market Insight covers the Top 10 market trends of the Class 4–8 medium- and heavy-duty commercial vehicles in North America (the United States and Canada). The key macro trends covered in this study include ageing truck population, technician shortage outpacing demand, and right to repair—CSA creating opportunities. Key maintenance t...

The Global Connected Truck Telematics Outlook, 2023, examines the global dynamics in the light, medium, and heavy commercial vehicle telematics industry. It focuses on ongoing trends, market drivers, and challenges influencing the market and provides regional deep-dive market analyses, critical competitor analyses, revenue forecasts, and market siz...

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...

30 Jan 2019  |  North America  |  Market Research

North America Category Management Report—Replacement Demand Analysis for Class 6-8 Selected Emission Control and Aftertreatment Components Aftermarket, Forecast to 2024

Strict Emission Mandates and OEM Emphasis on Selective Catalytic Reductions (SCRs) will Continue to Fuel a Segment High CAGR of 13% from 2017 to 2024

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This report covers the Class 6-8 vehicles exhaust aftertreatment aftermarket in terms of volume (in Million units) and value ($ Billion) across the United States and Canada. It discusses unit shipments, revenue average price, distribution channel share, and market share. The base year for this analysis is 2017 and the forecast period is from 2018 t...