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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
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 ...
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26 May 2017  |  Global  |  Market Research
PACCAR Inc—Profile of a Leading Global Truck Manufacturer
Focus on Advanced Technology Adoption Combined with Global Expansion to Propel Growth Through 2025
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...
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15 Dec 2022  |  North America  |  Market Research
Strategic Overview of Start-ups Disrupting the Global Commercial Trucking Market, 2022
Technology and Innovative Business Models Drive the Growth of Emerging Start-ups in the Commercial Vehicle Space
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...
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20 Sep 2016  |  Global  |  Market Research
Global Medium-Heavy Duty CNG and LNG Truck Market
Disruptive Impact of Global LNG Trade and Rising Engine Platformization Drive NG Truck Proliferation
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...
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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 Dec 2017  |  North America  |  Market Research
Global Combine Harvester Machinery Market of Select Countries, Forecast to 2024
The Global Combine Harvester Machinery Market Value will Reach $11.27 Billion by 2024, with Volume Growing at 5.8% CAGR During 2016–2024
This deliverable analyzes the global combine harvester machinery market for select countries and provides a global combine harvester machinery market forecast, discusses market drivers and restraints, challenges and opportunities, and the competitive landscape from 2016 to 2024. The study covers 5 key regional markets—North America, Latin America, ...
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11 Jun 2021  |  North America  |  Market Outlook
Global Light, and Medium and Heavy Commercial Vehicle Outlook, 2021
Growth Strategies to Aid the Market Rebound from Last Year’s Lows Due to COVID-19, with LCV and M&HD Truck Segments Expected to Grow by 10.3% and 5.9%, Respectively, this Year
The trucking industry was not immune to the disruptions in supply chain and falling trade that the global COVId-19 pandemic created. Major markets, such as North America and Latin America, were badly hit, while Europe and India suffered the steepest sales declines. China was the only region to register positive growth across both LCV and M&HD Truck...
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04 Nov 2016  |  North America  |  Market Research
Medium- and Heavy-Duty Truck Steering System Market in North America, 2015–2022
Addition of Active Steering Technology is Catalyzing the Active Safety Systems Market
The commercial vehicle market has a traditional business model that has resisted change for many years. However, technological advances such as advanced/active steering systems are changing market dynamics and increasing the cost of new trucks. Fleet managers have emphasized that they are not particularly concerned with or considering the installat...
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24 May 2017  |  North America  |  Market Research
Global Mega Trucks Market, Forecast to 2025
Demographics and Infrastructure Calibration in the Freight Logistics Market will Drive Mega Truck Demand Despite Legislative Hurdles from 2017–2025
Mega trucks are seen as a solution to growing problems faced due to road congestion and emissions by reducing the need for more conventional sized trucks on the road. They also lower cost per ton for fleets along with addressing growing freight demand. However, significant obstacles lay ahead of implementation of mega trucks with serious questions ...
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18 Dec 2021  |  Asia Pacific  |  Market Research
Association of Southeast Asian Nations (ASEAN) Commercial Vehicle (CV) Growth Opportunities
Sales Volume in the Region is Expected to more than Double by the End of the Decade, Driven by Rising Infrastructure and Economic Activity
The overall commercial vehicle volume in ASEAN is expected to reach 1.7 million units by 2030, growing at a CAGR of 7.9% between 2020 and 2030. The region has experienced rapid industrialization, moving away from agriculture and toward manufacturing of electrical and electronic components and machinery. Post the pandemic, there has been a revival i...
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