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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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28 Dec 2018  |  Global  |  Market Research
Truck-as-a-Service Market, Forecast to 2025
Digitalization of Truck Services to Create $79.42 Billion Opportunity by 2025
The confluence of technologies in the trucking industry is providing a platform for various stakeholders to build service and solution-based revenue models. As commercial trucks increasingly integrate telematics devices, a plethora of services beyond tracking, from prognostics to asset management to driver behavior management, are being enabled. Th...
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12 Jan 2018  |  Asia Pacific  |  Market Research
Strategic Analysis of Indonesia Commercial Vehicle Industry, Forecast to 2025
Annual Demand for Pickups, Light-medium-heavy Trucks, and Buses to Touch 742,000 Units by 2025
The commercial vehicle market in Indonesia has been shrinking from 2014 to 2016, with the market experiencing its lowest decline in 2016. Consequently, the production has also witnessed a decline over the years. Small Commercial Vehicles (SCVs) account for the largest segment in both sales and production. Japanese brands have the widest commercial ...
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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
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 ...
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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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31 Dec 2018  |  Global  |  Market Research
Global Digital Freight Brokerage Market Opportunities, Forecast to 2025
With Venture Capitalist Funding Stoking Digital Brokerage Solutions That Improve Trucking Efficiency by Minimizing Empty Miles, Truck Brokerage Digitization to Grow at CAGR 33.6% Between 2017–2025
Empty miles account for about 40-30% of all trips made by commercial trucks globally. This translates to fuel waste, non-productive emissions, wasted driver hours, inflated operational costs as well as unnecessary road congestion. Empty miles are primarily on account of empty-back hauls due to the inherent opacity and slowness of the traditional ro...
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17 May 2023  |  North America  |  Market Outlook
Global Light, Medium, and Heavy Commercial Vehicle Outlook 2023
Growth Regions China and India Drive Truck Demand Amid Continued Market Uncertainties
In this report, Frost & Sullivan studies the light commercial vehicle (LCV) and medium and heavy-duty (M&HD) truck segments for six regions: North America, Europe, China, India, Latin America, and the Association of Southeast Asian Nations (ASEAN). The study period is 2022–2023, with 2022 as the base year and 2023 as the forecast year. We segmen...
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21 Aug 2017  |  Global  |  Market Outlook
Digitization of Heavy-duty Truck Retailing, Forecast to 2025
Global Investment in Truck Retail Digitization Will Reach ~$1.5 Billion by 2025
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...
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01 Nov 2017  |  North America  |  Market Research
North American Commercial Vehicle Tire Retreading Market, Forecast to 2025
The North American Commercial Vehicle Tire Retreading Market is Expected to Grow at a CAGR of 0.5% to 15.1 Million Units by 2025
The North American commercial vehicle retreading market is expected to grow marginally to 15.1 million units by 2025 from 14.5 million units in 2016. Some of the key factors currently influencing the retreading market are improved quality of tread life, high supply of casings, increasing labor costs, and shortage of skilled technicians. One key ris...
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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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