Heavy Duty Trucks Market

Heavy-Duty Trucks - Global Market Outlook (2017-2026)

4.6 (73 reviews)
Published: May 2019 ID: SMRC18252
4.6 (73 reviews)
Published: May 2019 ID: SMRC18252

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Heavy Duty Trucks Market is growing at a CAGR of 5.6% from 2017 to 2026. Factors such as rising demand for freight transportation, increasing international and domestic trading activities and growth in logistics and construction sector drive the market growth. However, strict regulations and standards pertaining to carbon emissions are restricting the market growth.

Heavy-duty trucks constitute an essential part of the trucking industry. Heavy-duty trucks throughout the world are responsible for the majority of freight movement over land and are vital tools in the construction, manufacturing, transportation and warehousing industries. These trucks are chiefly important to the construction industry, as dump trucks and concrete mixers are necessary to move large amounts of rocks, dirt, concrete and other building materials used in construction.

Based on fuel, the d
iesel segment registered considerable share in the forecast period. Diesel fuel is a refined petroleum product made from crude oil. Diesel fuel in general is any liquid fuel used in diesel engines, whose fuel ignition takes place, without any spark, as a result of compression of the inlet air mixture and then injection of fuel. By geography, Asia Pacific is leading the market share due to China leads the global heavy-duty truck sales, amongst the various other regions. The fast pace of industrialization in China is stimulating the production and sales of the heavy-duty truck market.

Some of the key players profiled in the Heavy Duty Trucks market include Ford Motor Company, Tata Motors, Isuzu Motors, Volkswagen, Ashok Leyland, Volvo, Kenworth, Scania AB, MAN SE, China National Heavy Duty Group, Peterbilt, Freightliner, Paccar, Navistar and Oshkosh Corporation.

Fuels Covered:
• Gasoline
• Diesel
• Hybrid Electric Vehicle
• Natural gas

Class Covered:
• Class 5
• Class 6
• Class 7
• Class 8
• Class 9

Types Covered:
• HD trucks from 3.5 to 16 tonnes
• HD trucks over 16 tonnes

Product Types Covered:
• Complete Vehicle
• Incomplete Vehicle
• Semitrailer Tractor

Technologies Covered:
• Semi-Automatic
• Manual

Applications Covered:
• Agriculture
• Freight Market
• Mining
• Construction
• Real Estate Development
• Logistics
• Construction
• Defense
• Other Applications

End Users Covered:
• Dump Trucks
• Garbage Trucks
• Log Carriers
• Mobile Cranes
• Concrete Transport Trucks (Cement Mixer)
• Refrigerator Trucks
• Tractor Units
• Tank Trucks
• Other End Users

Regions Covered:
• North America 
o US
o Canada
o Mexico
• Europe 
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific 
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America 
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances


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