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21 Jul 2016  |  North America  |  Market Research
Global Heavy-duty Truck Platforms Driving Growth Opportunities
Average Number of Global Platforms per OEM to Rise from 2.2 to 2.8 by 2025
Platform-based production has gained importance among truck manufacturers in recent years. It offers improved margins due to increased scalability, as well as multi-regional presence. Nearly half of the total number of heavy trucks produced globally will be platform-based by 2025. OEMs are expected to start focussing on global platforms, shifting f...
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11 Jan 2021  |  North America  |  Market Research
Technology Innovation Driving the Transformation of the US Electric Commercial Vehicle Market
Government Incentives and Charging Infrastructure Development by Public and Private Entities to Boost Uptake of Electric Buses and Trucks
The medium-duty and heavy-duty truck and bus markets in the US are expected to show strong recovery following the major dip in 2020 due to the dire impacts of the COVID-19 crisis on production and sales. However, the crisis is forecast to have a relatively lower impact on the electric truck and bus markets. The electric bus segment shows a slight d...
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13 Mar 2018  |  North America  |  Market Research
Pneumatic Disc Brakes Driving Growth in the North American Class 4-8 Brake Components Aftermarket, Forecast to 2024
Disc Brakes Replacing Drums in High-volume Applications
The North American Class 4-8 brake components aftermarket is experiencing a major shift in demand from drum to disc systems, offering significant growth potential for suppliers that can develop pads and rotors fitting large 18-wheelers. The total Class 4-8 brake components aftermarket will rise from approximately $1.18 billion in 2017 to an estimat...
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21 Feb 2019  |  North America  |  Market Research
Global School Bus Market Analysis, Forecast to 2025
School Bus Market is Poised to Reach 109,000 Units Globally by 2025, Driven by the Demand for Safe Transport of Children; Supporting Telematics Services will also see a Surge in Adoption
The demand for school buses globally is expected to grow steadily despite rising oil and commodity prices. Total school bus shipments, estimated at about 92,561 units in 2017, are expected to increase to 109,575 units in 2025, reflecting a compound annual growth rate (CAGR) of 2.1%. North America is the largest contributor to the global school bus ...
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31 Dec 2018  |  North America  |  Market Research
Global Electric Bus Market Opportunity Analysis, 2017–2025
Potential for 148 Thousand eBus Sales Globally by 2025, Wherein China will be the Forerunner Followed by India and LATAM as High Growth Markets
The growing impetus on greenhouse gas (GHG) emission regulations, drop in battery prices, and purchase subsidies on electric vehicles (EVs) are certain to accelerate the growth of electric buses across the globe. Rapid technology developments with respect to battery chemistry, powertrain architecture, and motors are propelling the market, which wil...
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29 Jul 2022  |  North America  |  Market Research
Growth Opportunities in North American Off-highway Equipment
Digitization, Automation, and Cross-industry Synergies Drive Future Growth Potential
This research service analyzes the growth of the North American off-highway equipment industry. Government mandates and consortiums, which drive sustainable practices, will enable digital transformation and accelerated adoption of alternate powertrains. The requirement to better monitor and optimize operations and equipment in construction, mining,...
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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
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...
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07 Apr 2021  |  North America  |  Market Research
Pro-green Government Policies and Incentives Power the Electric Bus Market
CASE Convergence and Value Chain Integration Will Ensure Transformational Growth
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...
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25 Nov 2021  |  North America  |  Market Research
Global Heavy-duty Commercial Vehicle Transmission Market Growth Opportunities
Automated Manual Transmission to Gain Top Share by 2030 and Rise in Refuse Applications Drives the Adoption of Fully Automatic Transmission
The global transmission market for heavy-duty (HD) commercial vehicles has changed drastically in the past few years. Manual transmission (MT) was the go-to option for all drivers in the North American market due to its robust gears, the expertise required, and low initial cost. However, drivers—especially those new to the industry—have embraced au...
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08 Nov 2022  |  Europe  |  Market Research
Strategic Insights on the Turkish Bus Market, Forecast to 2030
Well-established Local OEMs with Strong Electric Portfolios Will Proliferate in the Alternative Powertrain Space
Turkey is one of the biggest manufacturing bases in Europe for connected vehicles (CVs), particularly truck and bus production. The country’s strategic position appeals to global automotive companies in terms of founding a production plant and the advantages of relatively cheap labor and beneficial logistics when moving products to their final dest...
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