Search results for: 'pacif development india'

The study provides a comprehensive analysis of the axles market in India—specifically, axles that find applications in multi-axle vehicles which have end usage in heavy goods transportation either as a rigid body or in tractor trailer applications. Increasing investments in the infrastructure segment and increasing industrialization has created a h...

Urbanization of inner-China, renewed focus in road and power infrastructure development in India, and inward-looking investments by the Middle Eastern nations, will stoke economic growth and drive off-highway vehicle demand in these regions in the next 4–5 years. The demand for construction machinery will grow in China owing to development in infra...

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 ...

This study offers strategic analysis of the nascent market for the global farm equipment and global farm equipment telematics market in global geographies. It provides an overview of market trends, growth prospects, and key sectors for growth. It includes a market structure and outlook, market potential and opportunity analysis for the global farm ...

Frost & Sullivan's research service on the global semi-trailers market provides a detailed analysis of market and technology trends, challenges, and forecasts from 2017 to 2025. The study covers North America, Western Europe, Brazil, Russia, China, Asia-Pacific, India, and Rest-of-World. It identifies and analyzes the key regulations and the evolut...

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...

Global LD Trucks and Pick Up Sales to hit 6.7 million and 5.6 million respectively in 2019. North America, India, Latin America, China, Japan and Korea will lead the growth of the global LCV market, while the US leads the pick up sales, China is the clear leader in the LD Trucks segment. The demand for electric light duty trucks will surge globally...

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...

09 Jun 2020  |  Global  |  Market Outlook

Global Medium/Heavy-duty Commercial Vehicle Market Outlook, 2020

A Global Recession, Induced by the COVID-19 Pandemic, is Expected to Reduce MD/HD Truck Sales by 28.5% Y-o-Y, with Moderate Recovery in the Latter Half of the Year

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In 2019, global heavy-duty truck sales grew strongly in North America and South America and moderately in Europe and China, while declining in India. Currently, the COVID-19 pandemic is causing a wide-scale global supply chain disruption in all industries. The impact will be strongly felt across the US and European MD-HD markets, with a decline in ...