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The global medium- and heavy-duty commercial vehicle aftermarket is undergoing a structural transition. In 2025, global sales of new medium- and heavy-duty trucks declined by approximately 4.1% compared to 2024, driven by lower new-vehicle sales. This growth trend is expected to persist throughout the first half of 2026.Despite weaker new truck sal...

Frost & Sullivan’s research service assesses the size of the global medium- and heavy-duty (MD and HD) truck parts and services aftermarket and its growth opportunities from 2022 to 2027. This global study highlights major Class 4–8 truck aftermarket trends with specific regional analysis into North America, Latin America, Europe, Asia-Pacific, and...

Frost & Sullivan expects India’s medium and heavy-duty truck market to grow steadily over the next decade, driven by rapid infrastructure expansion, industrial recovery, and logistics demand across core sectors including construction, mining, eCommerce, and agriculture. While legacy manufacturers continue to lead in production and distribution scal...

The global commercial vehicle market faced significant headwinds in 2024, with declining sales in the medium-duty (MD) and heavy-duty (HD) truck segments. This trend continued into the first half of 2025. Economic uncertainty, exacerbated by trade and tariff policies in the United States, stricter emission standards, rising inflation, supply chain ...

This Frost & Sullivan's analysis of the 2024 global medium and heavy-duty (MD and HD) commercial vehicle aftermarket examines and forecasts for the 2023 2027 period, highlighting several types of parts in the aftermarket and its growth opportunities. This outlook features global coverage with a specific focus and analytics for North America, Lat...

This Frost & Sullivan analysis presents the findings of a comprehensive survey conducted to understand consumer behavior in the procurement and usage of light-duty commercial vehicles (LCVs) in India. With the Indian logistics and transportation sector undergoing rapid transformation, LCVs play a critical role in last-mile connectivity, intra-city ...

The study analyzes the global hybrid and electric medium- and heavy-duty truck market. It focuses on the key trends impacting the market, as well as market drivers and restraints. Additionally, regional analyses with powertrain split, hybrid architecture split, original equipment manufacturer (OEM) activities, unit shipment, and penetration forecas...

The global commercial vehicle market witnessed a decline in sales volumes in 2024, more so in the medium and heavy-duty truck segments than in light commercial vehicles (LCVs). Various regional markets had an oversupply, leading to a fall in truck demand. ASEAN, China, and India experienced a significant decline in LCV sales volumes, following stro...

18 Mar 2016  |  Global  |  Market Research

Global Heavy-Duty (HD) Transit Bus Market, Forecast to 2022

Hybrid and Electric Powertrain to Account for Increasing Share of Total Transit Bus Sales as Market Hits Top Gear with New Energy Offerings

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This Frost & Sullivan research service studies the impact of Mega Trends, industry convergence implications, and autonomous public transport business models on the global heavy-duty (HD) transit bus market. It also provides an in-depth analysis of the key regional markets, including China, Europe, India, North America, Latin America, and Rest of Wo...