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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...

Frost & Sullivan’s mobility team tracks the global commercial vehicle (CV) market to generate deep-dive analysis on the shift towards zero-emission buses and the implications of new technologies on the passenger transportation landscape of the future. The commercial mobility practice evaluates applications in the global transit and coach buses spac...

26 Aug 2016  |  Global  |  Market Research

Eight Transformational Trends Influencing the Global Trucking Industry’s Growth Trajectory

Green, Safe, Connected, and Smart Technologies Enabling Transition from Product- to Service-Based Business Model

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Technological, demographic, environmental, and geopolitical shifts are altering the commercial truck market globally. Integration of digital technologies primarily for resource management and total cost optimization will result in the evolution of truck technology from basic telematics services to advanced traffic modeling, weather prediction, and ...

This study seeks to analyse the impact of global mega trends—including urbanisation, bricks and clicks, connectivity, and multimodality—on the growing market of urban logistics. Urban logistics is a dynamic and crucial subset of the logistics industry, which over the past decade has placed unique demands on the global supply chain. Mega Trends suc...

The global NG truck market will grow steadily aided by stricter emission and noise regulations and lower NG prices. The MD truck segment comprising of refuse and distribution will grow in the medium term while long-haul vehicles will provide the much-needed impetus for NG vehicles through the growing fuelling infrastructure and in-house NG engine p...

09 Jun 2020  |  Global  |  Market Outlook

Global Medium/Heavy-duty Commercial Vehicle Market Outlook, 2020

A Global Recession, Induced by the COVID-19 Pandemic, is Expected to Reduce MD/HD Truck Sales by 28.5% Y-o-Y, with Moderate Recovery in the Latter Half of the Year

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In 2019, global heavy-duty truck sales grew strongly in North America and South America and moderately in Europe and China, while declining in India. Currently, the COVID-19 pandemic is causing a wide-scale global supply chain disruption in all industries. The impact will be strongly felt across the US and European MD-HD markets, with a decline in ...

This study analyzes the global truck retailing digital transformation market. Truck retailing and its business model is obsolete and is ready for an overhaul. Digitization will be the solution to help drive change in the truck retail business model and the strategies of leading OEMs/dealers. Digitalization in truck retailing will impact 5 key areas...

26 Dec 2017  |  Global  |  Market Research

Executive Analysis of Electric Truck Market, Forecast to 2025

Chinese Thrust to Propel Global Light-medium-heavy Duty Electric Truck Market to More than 2.5 Million Units in Annual Sales by 2025

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Key Issues Addressed

This study provides an overview of the opportunities in the global medium heavy-duty electric truck market in the period 2016–2025. The study reveals that the Chinese electric truck market will be the global electric medium heavy-duty truck leader and is expected to be dominated by fully electric trucks with 61.1% market share, followed by plug-in ...

Urbanization of inner-China, renewed focus in road and power infrastructure development in India, and inward-looking investments by the Middle Eastern nations, will stoke economic growth and drive off-highway vehicle demand in these regions in the next 4–5 years. The demand for construction machinery will grow in China owing to development in infra...