On-Road and Offroad Commercial Vehicles

Economic recovery post the pandemic, increased demand for freight, and replacement of aging truck fleets will all provide a boost to commercial vehicle (CV) sales in 2021. The shift in last mile delivery will be the most significant trend impacted by COVID-19, resulting in the emergence of tailored last mile delivery solutions that address dynamic ...

01 Jul 2021  |  Global

Global Fuel Cell Trucks Growth Opportunities

The Prospect of Fuel Cell Trucks in Hydrogen Economies is Intriguing for Companies That Pursue Zero-emission Mobility Solutions

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Globally, countries are increasingly adopting policies to increase the pace of transition toward zero emission. Governments are evaluating different pathways to achieve carbon neutrality, and investments, and activities in the energy sector are directed around it. Commercial vehicles currently are among the major carbon emitters, with very high per...

28 Sep 2020  |  Global

Digitization and New Business Models Powering the Global Construction and Mining Equipment Market, 2030

Convenience and Reduced Operational Costs Offered by Digital Services to Improve Equipment Utilization and Present Further Growth Opportunities

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The global equipment industry is impacted by growing digitalization trends, trends in the used and rental equipment market, and urbanization. Construction contractors are leaning towards deploying both used and rental equipment as opposed to purchasing brand new ones due to lack of funding and government subsidies, and the liabilities associated wi...

09 Jun 2020  |  Global

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 ...

Electrification in Commercial Vehicles (CV) will increase globally with the framing of strict emission regulations. The need for the charging infrastructure is growing with the electric CV sales, and the market for charging equipment manufacturers is expected to open up with huge opportunities. This study provides an overview of the key technology ...

North America is the world’s second-largest commercial vehicle market based on annual unit sales. Commercial vehicles play a major role in determining the purchase price of consumer products: about 65% of the region’s freight is transported by road. The industry has been affected by fluctuating freight rates and significant driver shortages. Ac...

TRATON SE, erstwhile Volkswagen Truck & Bus, is on the transformational road from being a commercial truck and bus manufacturer to a mobility services provider. With the group’s MAN brand operating on wafer thin margins while Swedish heavy-truck and bus brand Scania enjoys double digit profit and growth, the group has laid a target of 9% profit m...

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...