Automotive

11 Jun 2021  |  North America  |  Market Outlook

Global Light, and Medium and Heavy Commercial Vehicle Outlook, 2021

Growth Strategies to Aid the Market Rebound from Last Year’s Lows Due to COVID-19, with LCV and M&HD Truck Segments Expected to Grow by 10.3% and 5.9%, Respectively, this Year

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Key Issues Addressed

The trucking industry was not immune to the disruptions in supply chain and falling trade that the global COVId-19 pandemic created. Major markets, such as North America and Latin America, were badly hit, while Europe and India suffered the steepest sales declines. China was the only region to register positive growth across both LCV and M&HD Truck...

09 Jun 2020  |  Global  |  Market Outlook

Global Medium/Heavy-duty Commercial Vehicle Market Outlook, 2020

A Global Recession, Induced by the COVID-19 Pandemic, is Expected to Reduce MD/HD Truck Sales by 28.5% Y-o-Y, with Moderate Recovery in the Latter Half of the Year

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In 2019, global heavy-duty truck sales grew strongly in North America and South America and moderately in Europe and China, while declining in India. Currently, the COVID-19 pandemic is causing a wide-scale global supply chain disruption in all industries. The impact will be strongly felt across the US and European MD-HD markets, with a decline in ...

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...

Global LD Trucks and Pick Up Sales to hit 6.7 million and 5.6 million respectively in 2019. North America, India, Latin America, China, Japan and Korea will lead the growth of the global LCV market, while the US leads the pick up sales, China is the clear leader in the LD Trucks segment. The demand for electric light duty trucks will surge globally...

14 Mar 2018  |  Global  |  Market Outlook

Global Medium-Heavy Commercial Vehicle Market Outlook, 2018

Electrification and Autonomous Driving to be Key New Product Focus Areas for the Commercial Vehicle Industry

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Key Issues Addressed

Global medium-duty (MD) and heavy-duty (HD) trucks sales grew 29% in 2017 from 2016 because of 62.8% year-on-year (y-o-y) growth in China crossing the 1 million mark, along with 55.1% growth in Russia , 41.1% growth in Next 11, and 23% growth in India. In 2018, growth in North America, South America, Russia, Next 11, and RoW markets is expected to ...

06 Mar 2018  |  North America  |  Market Outlook

Global Connected Truck Telematics Outlook, 2018

Pacing Truck Digitization, Regulatory Drivers, and Pan-European Expansion Will Propel the Installed Base to Surpass 25.7 Million by 2018

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Key Issues Addressed

This study aims to analyze the global connected truck (commercial vehicle telematics) market for 2018. To start with, it offers a brief discussion on the global economic overview (predictions, growth index, fastest-growing economies, GDP growth). The focus is on market trends, and the key trends under study include the entry of non-traditional tele...

This study analyzes the global truck retailing digital transformation market. Truck retailing and its business model is obsolete and is ready for an overhaul. Digitization will be the solution to help drive change in the truck retail business model and the strategies of leading OEMs/dealers. Digitalization in truck retailing will impact 5 key areas...

21 Feb 2017  |  Global  |  Market Outlook

2017 Outlook of Global MD and HD Trucks Market

Truck-as-a-Service Business Model Creating Sustainable Revenue Opportunities and Transforming Both Developed and Mature Markets

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2017 will be a year like no other in global commercial vehicle industry. Product as a service will dominate industry narrative as proliferation of electronics and connected truck technologies create new logistics business models. Moreover, concerns on global economic and geopolitical stability along with concerns around strength of BRIC economies a...

23 Jan 2017  |  Global  |  Market Outlook

Global Connected Truck Telematics Outlook, 2017

Powered by Digital Transformation, Connected Truck Services are Estimated to Generate $5.41 Billion in Revenues in 2017

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The study aims to analyze and forecast the global connected truck (commercial vehicle telematics) market outlook for 2017. The major focus is on market trends and transformational shifts (truck digitization; Tier I progression from a product to a truck services provider; aftermarket technology enablers inching towards an autonomous trucking era; tr...