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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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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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05 Dec 2022  |  Europe  |  Market Research
Growth Opportunities in European Electric Bus Charging Infrastructure
Emissions Regulations, Favorable Legislations, and Costs Influence Infrastructure Development and Uptake
Tightening emissions regulations, the Clean Vehicles Directive, and government subsidies increasingly drive European bus operators to purchase electric buses for their fleets. However, putting more electric buses on the road requires sufficient charging infrastructure. Most electric fleets operating in Europe use only depot charging or a combinatio...
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19 Aug 2021  |  Global  |  Market Research
Theme VI: Developments in Commercial Vehicles 2025—Voice of Industry Thought Leaders
Intelligent Mobility Event, Japan, 2021
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 ...
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20 Jun 2014  |  Europe  |  Market Research
Strategic Analysis of the Western European Heavy-Duty Used Truck Market
OEMs are Playing an Active Role in Boosting Dealership-driven Sales to 70 Percent of Total Sales
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...
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11 Dec 2020  |  South Asia, Middle East & North Africa  |  Market Research
Intense Competition among Dealers and Distributors Reshaping the Gulf Cooperation Council (GCC) Bus Industry
Government Efforts and Initiatives to Develop Infrastructure and Boost Tourism Fuel Growth Strategies
The GCC bus industry is expected to grow at a compound annual growth (CAGR) of 3.6% by 2025. Industry sales have been severely impacted by the economic downturn, resulting from decline in oil prices due to the OPEC Agreement. Moreover, the COVID-19 pandemic is having a major effect on GCC bus industry sales, which are estimated to decline by 19% in...
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05 May 2017  |  Africa  |  Market Research
African Commercial Vehicles Market, Forecast to 2025
Despite Slowdown, the Market is Expected to Grow at a Robust CAGR of 6.1% until 2025, Driven by Increasing Infrastructure Developments
The African commercial vehicles (CV) market, despite the slowdown due to low oil and commodity prices, is expected to grow at a compound annual growth rate (CAGR) of 6.1%, largely driven by increasing infrastructural developments and rising urbanisation. South Africa is the largest contributor to the CV market in Africa, with 53% share. However, un...
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14 Jul 2021  |  North America  |  Market Research
North American Light Commercial Vehicle Growth Opportunities
The Overall LCV Market in North America is Expected to Grow to 5.0 Million Units by 2025, with New Product Development in EVs Helping it Achieve a Penetration of 6.2%
The overall light commercial vehicle (LCV) market in North America was at 3.74 million units in 2020 with pickups contributing 88% of those volumes. Within the LCV segment, the lower weight segment, class 1/2a (
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02 May 2023  |  Global  |  Market Outlook
Global Connected Truck Telematics Outlook, 2023
Growth Opportunities in Video and Last-mile Solutions to Mitigate Shallow Recession and War Economy Straining Developed Regions
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...
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19 Jul 2016  |  Europe  |  Market Research
Strategic Analysis of Select Commercial Vehicle Markets Across Eastern Europe and Central Asia
Commercial Vehicle Markets to Attain Higher Growth Trajectories in Eastern Europe and Central Asia, 2015-2022
Scope of the report The research report includes the following segments: Product scope: Commercial vehicles Geographic scope: Eastern Europe and Central Russia End-user scope: Commercial vehicles OEMs Market drivers and restraints, market trends, geographic analysis, distribution trends, competitive trends, and market share analysis have a...
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