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Global Medium-Heavy Commercial Vehicle Market Outlook, 2019
Global Medium-Heavy Commercial Vehicle Market Outlook, 2019
2019 to be a Defining Year for the Evolution of New Business Models Around Electric Trucks and Digital Services
12-Apr-2019
Global
Market Outlook
$4,950.00
Special Price $3,712.50 save 25 %
Global medium-duty (MD) and heavy-duty (HD) trucks sales grew 4.5% in 2018 from 2017 due to sustained growth in top truck markets of North America, China (Heavy duty truck sales stayed above 1 million mark), along with continual growth in India, Brazil, Russia and Indonesia. In 2019, growth in North America, South America, Russia, India, Indonesia is expected to continue to be positive, while China, although over the 1 million mark in 2019, will be a smaller market than in 2018. However, speedy implementation of "Blue Sky" regulations, announced in July 2018, resulting in the rapid phasing out of 1 Million China III compliant trucks in 2019 itself can boost medium-heavy duty (MD-HD) truck sales in 2019.
Electric powertrain, autonomous driving, connected devices and digital services continued to receive great interest (and investor dollars) in 2018 and is expected to continue to rise into 2019. While electric powertrains are beginning to be adopted in niche applications like refuse trucks where their total-cost-of-ownership (TCO) is already lower than diesel powered counterparts, the TCO parity in other applications will take as much as 2025. Autonomous technology too while fast developing with technology giants like NVIDIA throwing their weight behind it combining with start-ups like tuSmiple, drive.ai and Embark, SAE Level4 autonomous is still a decade out. Telematics devices however are experiencing double digit growth year-after-year including in TRIAD markets as well as China. By end of 2019, Among digital services, alongside the continued growth of telematics devices and services, digital freight brokerage solutions also received a hug boost with nearly $2.346 Billion invested across North America, South America, Europe, China, India and Russia.
Although battery electric powertrains receive great attention in trade shows and new channels,natural gas (NG) is a quietly growing alternative powertrain option especially in Europe and China where there is great regulatory pressure to cut emissions. Even in North America, roll out of California air resource board's (CARB) ultra-low NOx regulations will propel NG adoption in MD-HD trucks since current diesel engines cannot meet the proposed NOx limits. While 2017 was a very good year for NG trucks in China since diesel cost 30% more than NG. Despite the fact that LNG truck cost about 60,000 yuan higher than diesel truck, truck fleets estimated they could save about 3000 yuan per trip on back hauls and hence make good the extra cost within an year. However towards end of 2017 government policy forced industrial power generation to switch from coal to NG, resulting in the increase of LNG price by 90% from $5.8 in august 2017 to $ 11 in January 2018. This resulted in China NG MD-HD truck sales crashing nearly 62% in 2018 to 34,267 units compared to 90,047 units in 2017.
Some of the key trends to watch out for in 2019 will be the proliferation of digital freight brokerage solutions, increased funding and employee base electric and autonomous driving solutions, alongside a slew of new product launches by truck OEMs which include Freightliner Cascadia Level 2 autonomous vehicle in North America as well as IVECO New Stralis NP460 LNG in Europe.
This study covers sales forecasts for 2019 and trends into 2025 across- North America, South America, Europe, China, India, Russia, Next 11 and rest-of-the-world.
Key Issues Addressed
- What will be the size of the global truck market in 2019?
- Which truck markets are expected to grow in 2019 and which will contract? Why?
- What are some of the new product launches expected in 2019?
- What are some of the key trucking related trends in 2018's leading non-TRIAD markets- China, India, Indonesia, Malaysia?
- What are the key new technologies in powertrain, components, and soft technologies?
- What is the projected penetration of powertrain technologies across regions?
Author: Silpa Paul
2018 Key Highlights
Global GDP and Commercial Trucks—Growth Outlook 2019
Global GDP and Commercial Trucks—Growth Outlook 2019 (continued)
Global MD and HD Trucks Market Forecast—Overview
TCO Comparison for Breakeven of Electrification
CES 2019—Truckers at a Consumer Technology Platform
Top 6 Predictions of 2019
Research Scope
Research Aims and Objectives
Key Questions this Study will Answer
Research Background
Research Methodology
Key OEMs Compared in this Study
Top 2018 Global Economic Trends
Top 2019 Global Economic Predictions
Top 2019 Global Economic Predictions (continued)
Top 2019 Predictions—Advanced Economies
Top 2019 Predictions—Emerging Economies
World GDP Growth Snapshot
World’s 20 Fastest Growing Economies in 2018 and 2019
Global MD and HD Trucks Market Forecast—By Weight Segment
2018 MD-HD Trucks OEM Sales Performance
2019 Powertrain Technology Forecast
Alternative Fuel Powertrain Market—Regional Market Share Analysis
Key 2019 Market Introductions—Thrust on Alternative Powertrains
Connected Trucks—Key Features
Identifying Key Industry Pain Points—How Telematics Can Help
Global Installed Base of Connected Trucks by Region—A Snapshot
Regional MD-HD Truck Telematics Penetration
Global MD-HD OEMs’ Connected Truck Solutions—A Snapshot
OEM Solutions and Dedicated Providers—Synergy Developments
OEM Solutions and Dedicated Providers—Synergy Developments (continued)
Tier 1 Suppliers’ Continued Run in the Connected Fleet Industry
Brokerage Market Size 2018–2019
2018—A Record Year for Digital Technologies
Global Landscape of Digital Freight Brokerage
Top 10 Global Automated On-demand Freight Brokerage Solutions
New Digital Brokerage Business Models
Unique Characteristics of the Freight Market
Challenges in Real-time
Case Studies
2018—Key Developments in the Electric Truck Market
Technology in Electric Trucks
Lithium-ion Batteries Continue to Make Promising Gains
Battery Production Capacity to 2025
Electric Truck Market—2025 Outlook of Key Regions
China—Product Portfolio and Launch Roadmap
China—Product Portfolio and Launch Roadmap (continued
North America—Product Portfolio and Launch Roadmap
North America—Product Portfolio and Launch Roadmap (continued)
Europe—Product Portfolio and Launch Roadmap
Global Regulations Outlook-GHG and Tailpipe Emissions
Vehicle Energy Consumption Calculation Tool (VECTO)
Diesel Engine Powertrain Trends for 2019 and Beyond
Diesel Engine Powertrain—Technology Penetration
Alternate Diesel Engine Architectures
Key OEM Powertrain Strategies
Autonomous Truck Market Value—2025, 2030 and 2035
Value Map by Ecosystem Segments
Autonomous Truck Driving Ecosystem
Autonomous On-highway Driving Roadmap
Legislative Initiatives for Key US State Testing of Automated CVs
EU Member States’ Initiatives for Testing of Automated CVs
Asia-Pacific and Oceania Initiatives for Testing of Automated Vehicles
Key Growth Opportunities in Chinese Truck Market
China Tailpipe Emissions and Fuel Efficiency Standards
China Commercial Vehicle Market—Powertrain Split
Alternate Powertrain Charging Stations in China Provinces
MD-HD Trucks OEM Sales Performance
Truck Segment Analysis—Price Positioning of Commercial Trucks
Key Growth Opportunities in Indian Truck Market
Upcoming Truck Regulations in Indian CV Market
Future Industrial Corridors in Indian Market
Telematics in CVs
Industry Structure—Goods Carrier
MD-HD Trucks OEM Sales Performance
Case Study—Tata Motors Growth in Market Share
Case Study— Man Truck and Bus (MTB) Exits India
Total Commercial Vehicles Market Sales Snapshot
Commercial Vehicles Market—Sales Breakdown by Region
Commercial Vehicles Fleet Type and Size
Emission Norms and Legislations
MD Segment—Key Best Selling Models
HD Segment—Key Best Selling Models
Total Commercial Vehicles Market Sales Snapshot
Commercial Vehicles Market—Sales Breakdown by States
Commercial Vehicles Fleet Type and Size
Emission Norms and Legislations
MD Truck Segment—Key Best Selling Models
HD Truck Segment—Key Best Selling Models
Growth Opportunity 1—M&A, JVs in Electric Ecosystem
Strategic Imperatives
Key Conclusions and 2019 Outlook
Legal Disclaimer
Table of Acronyms Used
Upcoming Topics in the Commercial Vehicles Research Program
Legacy Content in the Commercial Vehicles Research Program
Market Engineering Methodology
List of Exhibits
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
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| Deliverable Type | Market Outlook |
|---|---|
| No Index | No |
| Podcast | No |
| Predecessor | K275-01-00-00-00 |
| Author | Silpa Paul |
| Industries | Automotive |
| WIP Number | K353-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 9800-A6,9B01-A6,9963-A6,9AF6-A6 |