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The commercial trucking market is rapidly transforming with the influx of advanced technologies, data-aided business models, automation, and the need to reduce carbon gas emissions. Though the market experienced a slump during the pandemic in 2020, operators quickly realigned their business models and emerged stronger. During the pandemic, emerging...

Collaborations between OEMs, rental companies, digital solution providers, battery manufacturers, utility companies, dealerships, and technology companies are creating a new wave of solutions that enhance the customer experience. These synergies are driving innovation, creating a sustainable environment. Customers are beginning to prefer renting/sh...

This Frost & Sullivan research indicates that the trucking industries in North America and Europe are increasingly facing a shortage of skilled drivers and there are concerns regarding the economic outlook and operating margins. The total cost of ownership (TCO), downtime reduction, regulation compliance, driver shortage, and equipment utilisation ...

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...

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

Infographics

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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...

The rising demand for cleaner vehicles to mitigate the effects of climate change by reducing greenhouse gas emissions pushes governments at federal and state levels and city municipals in North America and Europe to move quickly toward policies favoring electric vehicle (EV) adoptions. Major European cities are forecast to ban diesel vehicle entry ...