Heavy-Duty Trucks Market Trends Global Industry Analysis, Top Manufacturers, Share, Growth, Statistics, Opportunities & Forecast to 2024
Category: #world  By Sachin Pashte  Date: 2019-01-22
  • share
  • Twitter
  • Facebook
  • LinkedIn

Heavy-Duty Trucks Market Trends Global Industry Analysis, Top Manufacturers, Share, Growth, Statistics, Opportunities & Forecast to 2024

The Heavy-Duty Trucks market dynamics, forces, companies and trends have been determined after conducting a detailed study of the industry for this newly released research report now available with Market Study Report LLC.

Asia Pacific is projected to register the maximum revenue share over the forecast timeframe due to the increasing production across the region, particularly in emerging economies including China and India. High availability of cheap labor and raw materials will foster heavy duty trucks market growth across the region.

Request a sample of this premium report at: https://www.marketstudyreport.com/request-a-sample/668584/                   

Increasing domestic and international trading activities across the globe will significantly propel the heavy duty trucks market size over the forecast period. Road and rail lead the freight transport unit enhancing the overall business growth. Heavy Duty Trucks Market size is estimated to surpass USD 160 billion by 2024; according to a new research report.

Upsurge in fleet size will positively support the logistics and construction sectors, which in turn will drive heavy duty trucks market share. Growing demand for heavy commercial vehicles used in agricultural and mining applications with improved transmission will further support the product penetration.

Daimler, Tata Motors, General Motors, FAW Group, Volvo, Toyota, Freightliner, Ford, Volkswagen, ISUZU Motors, Peterbilt, PACCAR, Kenworth, Navistar, FCA, MAN, Scania and Ashok Leyland are key heavy duty trucks market players. Other significant companies in terms of geographical presence includes Iveco, Dongfeng Motor Group, Hino, Anhui Jianghuai Automobile, KAMAZ, Beiqi Foton, Beijing Auto Industry and China First Automobile Works Group.

Innovative connectivity based business models are revolutionizing the product demand by enhancing safety, reducing the cost of ownership, and improving the convenience level of owners. Thus, propelling the heavy duty trucks market size from 2017 to 2024.

Development of road network coupled with rising global sourcing of vehicle components will support the product demand. Several manufacturing companies are focusing on enhancing the profit margins by relying on customers from logistics and construction applications over the forecast timespan.

Request a discount on standard prices of this premium report at: https://www.marketstudyreport.com/check-for-discount/668584/                    

Rise in labor cost, particularly in several emerged economies, coupled with fluctuation in the raw material prices may act as a restrain to the industry growth. Furthermore, economic uncertainty in several European countries may hamper the business expansion.

Natural gas will generate demand at over 160 thousand units in the heavy duty trucks market by 2024. Improved fuel efficiency and growing preference toward low emissions will support the industry expansion. Rising number of natural gas filling stations coupled with superior mileage offered by the product will propel the industry demand.

Logistics segment is anticipated to witness a substantial growth rate with a rate of 4.9% up to 2024. Increasing orders for new lorries due to enhanced recovery of equipment manufacturers from tumbling freight market will support product penetration. Bulking up of new orders and specialized balance in inventory levels will positively impact the heavy duty trucks market size.

Table of Content:

 

Chapter 1. Heavy-Duty Trucks Market Methodology & Scope

 

Chapter 2. Heavy-Duty Trucks Market Executive Summary

 

Chapter 3. Heavy-Duty Trucks Market Industry Insights

 

Chapter 4. Heavy-Duty Trucks Market, By Class

 

Chapter 5. Heavy-Duty Trucks Market, By Fuel

 

Chapter 6. Heavy-Duty Trucks Market, By Application

 

Chapter 7. Heavy-Duty Trucks Market, By Region

 

Chapter 8. Heavy-Duty Trucks Market Company Profiles

 

For more information on this report at: https://www.marketstudyreport.com/reports/heavy-duty-trucks-market/?utm_source=marketsizeforecasters.com-SP 

Related Report:

 

United States Heavy-duty Trucks Market Report 2018

 

In this report, the United States Heavy-duty Trucks market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025.

 

Geographically, this report splits the United States market into seven regions: The West, Southwest, The Middle Atlantic, New England, The South, The Midwest

with sales (volume), revenue (value), market share and growth rate of Heavy-duty Trucks in these regions, from 2013 to 2025 (forecast).

 

https://www.marketstudyreport.com/reports/united-states-heavy-duty-trucks-market-report-2018?utm_source=RR-SP

 

Read more at: https://www.marketwatch.com/press-release/at-71-cagr-automotive-tcu-market-to-reach-usd-21600-million-by-2023-2019-01-14

 

About Us:

Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.

 

Contact Us:

Market Study Report LLC

4 North Main Street,

Selbyville, Delaware 19975

USA

Phone: 1-302-273-0910

US Toll Free: 1-866-764-2150

Email:[email protected]

Website:https://www.marketstudyreport.com

Blog: https://www.marketstudyreport.com/blog/



About Author

Sachin Pashte

Email: [email protected]   

Sachin Pashte

Sachin is into market research and web marketing since the last 2 years and has worked on multiple projects across various industries. He has expertise in writing promotional content for market research reports while his personal interests include the games of footbal...

Read More

More News By Sachin Pashte

Solar Light Tower Market to Grow at a Stayed CAGR from 2019 to 2025
Solar Light Tower Market to Grow at a Stayed CAGR from 2019 to 2025
By Sachin Pashte

The ' Solar Light Tower market' research report added by Market Study Report, LLC, is a thorough analysis of the latest trends prevalent in this business. The report also dispenses valuable statistics about market size, participant share, and cons...

Contact Profilometer Market Detail Analysis focusing on Application, Types and Regional Outlook
Contact Profilometer Market Detail Analysis focusing on Application, Types and Regional Outlook
By Sachin Pashte

The ' Contact Profilometer market' research added by Market Study Report, LLC, is essentially an exhaustive review of present and future trends of this business sphere. The report also collates a concise outline of industry share contenders, marke...

Latest Study explores the Power Sunroof Market Witness Highest Growth in near future
Latest Study explores the Power Sunroof Market Witness Highest Growth in near future
By Sachin Pashte

The ' Power Sunroof market' research report now available with Market Study Report, LLC, is a compilation of pivotal insights pertaining to market size, competitive spectrum, geographical outlook, contender share, and consumption trends of this in...