Heavy Duty Diesel Trucks Market: Industry Analysis, Opportunity Assessment and Forecast up to 2031

Key Segments Covered in Heavy-Duty Trucks Report:

On the basis of class, the heavy-duty trucks market can be segmented into:

• Class 7
• Class 8
• Class 9

On the basis of fuel, the heavy-duty trucks market can be segmented into:

• Diesel
• Natural Gas
• Hybrid Electric Vehicle
• Gasoline

On the basis of application, the heavy-duty trucks market can be segmented into:

• Logistics
• Construction
• Agriculture
• Defence
• Mining
• Others

On the basis of region, the heavy-duty trucks market can be segmented into:

• North America
• Latin America
• Europe
• Japan
• Asia Pacific excluding Japan (APEJ)
• Middle East & Africa (MEA)

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Heavy-Duty Trucks Market: Report Summary and Scope

The study offers detailed intelligence on different factors influencing demand, sales and revenue generation in the heavy-duty trucks market across the globe.

The opportunity analysis included in the report is beneficial for the readers to understand better opportunities in the sector, which will, in turn, trigger the adoption of the heavy-duty trucks.

A detailed forecast on the heavy-duty trucks market has also been offered by the analysts, who have categorized the market forecasts in terms of a likely scenario, conservative scenario, and an optimistic scenario regarding production and sales of the heavy-duty trucks during the period of forecast.

Segmentation based on the most attractive sites of the heavy-duty trucks market has been provided in the form of a taxonomy table in the report.

Heavy-Duty Trucks Market: Analysis on Market Size Evaluation

Current and future prospects of the heavy-duty trucks market, containing current, as well as future projected values and volume forecast and analysis on region-wise demand trends, have been incorporated in the report.

Assessment offered on the factors mentioned above are comprehensive and dedicated weighted chapters have been delivered on the same.

Market value at a global and regional scale and volume at a global scale for the heavy-duty trucks is offered in terms of “(US$ Mn)” and “(000’ Units)”.

A Y-o-Y growth comparison on key heavy-duty trucks market segments, along with the market attractiveness assessment quantifies insights delivered in the report.

Aforementioned metrics are also tracked based on heavy-duty trucks class, fuel, and application where heavy-duty trucks witnesses high demand.

Heavy-Duty Trucks Market: Scrutinized Assessment on Regional Segments

Weighted chapters have been included in the report on the heavy-duty trucks market, which imparts forecast on the regional markets.

These chapters illuminate the regional macros (business, economic, and political environment outlook), which are most likely expected to have a significant impact on the growth of the heavy-duty trucks market in the near future.

Country-specific assessment on demand for the heavy-duty trucks has been provided for each regional market, along with the market size valuation and forecast, and impact analysis of key regional and country-wise dynamics.

The Y-o-Y growth projections have also been offered on all regional markets incorporated in the report.

Heavy-Duty Trucks Market: In-depth Analysis on Competitive Landscape

The report concludes with a weighted chapter on the competitive landscape of the heavy-duty trucks market, which profiles key companies contributing to the market expansion.

Up-to-date and important data as well as knowledge related to the market players, who predominantly engage in the production and distribution of the heavy-duty trucks, has been delivered with the help of a dashboard view.

Market share comparison and analysis on these market players offered in the report enables the report readers to devise strategic steps forward for their businesses.

Company profiles are also incorporated in the report, which exerts company details along with a comprehensive product offering by each player identified.

The intensity mapping of the market players operating in the heavy-duty trucks market provides readers with actionable intelligence, which helps in understanding the current market status, and prospects determining the competition levels in the heavy-duty trucks market.

Fact.MR has profiled some of the most prominent company’s active in the global heavy-duty trucks market such as Daimler, Dongfeng, Eicher Motors Limited, Fiat Chrysler Automobiles, Ford Motor Company, Freightliner, General Motors, Kenworth, Navistar, Nissan, Oshkosh Corporation, Paccar, Peterbilt, Scania, Tata Motors, Toyota, Volkswagen and Volvo.

The section – heavy duty trucks market analysis, by fuel comprehensively analyzes the market by fuel used in heavy-duty trucks. The market is segmented into diesel, natural gas, hybrid electric vehicle, and gasoline.  The segment, diesel in a heavy duty trucks market accounted for the highest market share of more than 60% in 2017. The segment hybrid electric vehicle is expected to grow remarkably over the forecast period.

The section – heavy duty trucks market analysis, by application comprehensively analyzes the market by different applications where the heavy duty trucks are utilized. The market is segmented into logistics, construction, agriculture, defense, mining, and others. Logistics segment accounted for the highest market share in 2017. However, the construction segment is expected to register a healthy CAGR of more than 5% during the forecast period due to the increase in construction sector across the developing economies.

Also, increasing demand for heavy duty trucks in the APEJ region is driving the prominent manufacturers to strategically enter in the APEJ market with an objective to target the opportunities in the region. The heavy duty trucks market in North America and Europe region has matured, and hence, the companies are targeting emerging markets to increase their sales revenues.

APEJ Region Critical in the Heavy Duty Trucks Market

The APEJ region is estimated to account for more than 20% market share in the global heavy duty trucks market in 2018, and this share is expected to grow by a massive rate, causing the APEJ market to grab more than 25% market share by the end of 2027. The rapid economic growth leads this highly populous continent and increases in the e-commerce sector in Indian and South Korean countries, and goods manufacturer and suppliers in these countries will continue to demand the maximum heavy duty trucks.

Global Heavy-Duty Trucks Market: Competition Dashboard

Fact.MR has profiled some of the most prominent company’s active in the global heavy duty trucks market such as Daimler, Dongfeng, Eicher Motors Limited, Fiat Chrysler Automobiles, Ford Motor Company, Freightliner, General Motors, Kenworth, Navistar, Nissan, Oshkosh Corporation, Paccar, Peterbilt, Scania, Tata Motors, Toyota, Volkswagen and Volvo. The key market players in the heavy duty trucks market are focusing on product development and collaboration. Vendors in the heavy duty trucks market are focusing on developing technological advanced and innovative solutions that can meet the changing customer requirements. Recently, Daimler presented the first electric Freightliner truck to Penske. With the presentation of the first fully electric Freightliner eM2, Daimler Trucks started their day to day-operation testing of heavy duty and medium-duty e-trucks in the U.S. Daimler’s subsidiary Daimler Trucks North America (DTNA).