Heavy Duty (class 7 & 8) Truck Market is Anticipated to Grow at a CAGR of 4.1% During the Forecast Period 2018 - 2025, says Esticast Research and Consulting

September, 2018

As per the report "Heavy Duty Truck Market By Class (Class 7 (between 26,001 and 33,000 Lb.), Class 8 (33,001 Lb. and higher)), By Fuel (Diesel, Natural gas, Hybrid electric vehicles, Gasoline), By Application (Agriculture, Construction, Mining, Logistics), Industry Trends, Estimation & Forecast, 2018 - 2025". Global heavy duty (class 7 & 8) truck market is anticipated to grow at a CAGR of 4.1% during the forecast period 2018 - 2025.

In 2017, the diesel segment generated the highest revenue share in the global heavy duty truck market. Among major regions, Asia-Pacific was the highest revenue generating market, holding more than 50% of the market share, in 2017.

“Customers in the developing nations of Asia-Pacific, especially China, are more inclined towards locally manufactured heavy duty trucks (HDT) in comparison to the imported premium heavy duty trucks. China is a market where premium HDT account for not more than 5% of the China heavy duty truck market, as the Chinese customers perceive the uptime and reliability of premium and local heavy duty trucks on a similar scale.”

Heavy duty trucks witness a rising demand in the global market due to the growth of infrastructure, construction, and manufacturing industries

The global heavy duty trucks market is expected to witness a surging demand for heavy duty trucks during the upcoming years due to the growth of infrastructure, construction, and manufacturing industries across the globe. As per certain research, India witnessed a surge in its production growth rate of its manufacturing industry. The growth rate reached a mark of 4.4% in 2017, taking a hike from a growth rate of 2.8% in 2016. Such an impressive hike in the production growth rate of the manufacturing industry is expected to surge the sales of heavy duty trucks, as they are essential for an efficient logistic chain. Moreover, the rising trend of modular construction across the globe is yet another determinant that is escalating the demand of highly reliable heavy duty trucks in the construction industry, owing to their ability to transport heavy construction material and ready to assemble structures.

GLOBAL HEAVY DUTY TRUCK MARKET SHARE BY GEOGRAPHY, 2017

Heavy Duty Truck Market

Asia-Pacific emerges as the market leader and is anticipated to maintain its dominance, owing to the humongous potential in Asia-Pacific countries

Asia-Pacific accounted for more than 50% market share, in terms of revenue, of the global heavy duty truck market. The region is anticipated to maintain its dominance and grow with an impressive growth rate during the forecast period. The humongous potential being witnessed in the developing nations of the region, such as China and India, is expected to aid the region in maintaining its dominance during the upcoming years. In the current scenario, the medium-and heavy duty truck manufacturers are under utilizing their production capacity, which if utilized to its fullest can render lucrative opportunities to the regional manufacturers. In addition, the growing construction, manufacturing, and infrastructure sectors in the region is also expected to catalyze the regional growth of the market during the upcoming years.

To know more about the report, visit at - https://www.esticastresearch.com/market-reports/heavy-duty-truck-market

EUROPE HEAVY DUTY TRUCK MARKET SHARE OF KEY PLAYERS, 2017

Heavy Duty Truck Market Share

Some key market players are General Motors, Ford Motor Company, Nissan, Tata Motors, Volkswagen, Toyota, FCA, Daimler (Freightliner), Volvo (Volvo, Mack), Navistar (International), and Paccar (Peterbilt, Kenworth).

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CHAPTER 1. INTRODUCTION
1.1. RESEARCH METHODOLOGY
1.1.1. ERC desk research
1.1.2. ERC data synthesis
1.1.3. Data validation and market feedback
1.1.4. ERC data sources
1.2. RESEARCH SCOPE

CHAPTER 2. MARKET LANDSCAPE
2.1. RESEARCH SUMMARY
2.2. GLOBAL HEAVY DUTY TRUCK PRODUCTION VOLUME (THOUSAND UNITS), 2017 - 2025
2.3. GLOBAL HEAVY DUTY TRUCK CONSUMPTION VOLUME (THOUSAND UNITS), 2017 - 2025
2.4. GLOBAL HEAVY DUTY TRUCK PRODUCTION CAPACITY (THOUSAND UNITS), 2017-2025
2.5. DEMAND FORECAST
2.6. BUSINESS INTELLIGENCE & STRATEGIC ANALYSIS
2.7. MARKET DETERMINANTS
2.4.1. Drivers
2.4.2. Restraints
2.4.3. Opportunities

CHAPTER 3. GLOBAL HEAVY DUTY TRUCK MARKET BY CLASS
3.1. SEGMENT OUTLINE
3.2. GLOBAL HEAVY DUTY TRUCK MARKET REVENUE BY CLASS
3.3. Class 7 (between 26,001 and 33,000 Lb.)
3.3.1. Trend analysis and growth prospects
3.3.2. Market revenue & volume, 2017-2025
3.4. Class 8 (33,001 Lb. and higher)
3.4.1. Trend analysis
3.4.2. Market revenue, 2017-2025

CHAPTER 4. GLOBAL HEAVY DUTY TRUCK MARKET BY FUEL
4.1. SEGMENT OUTLINE
4.2. Diesel
4.2.1. Trend analysis and growth prospects
4.2.2. Market revenue, 2017-2025
4.3. Natural gas
4.3.1. Trend analysis
4.3.2. Market revenue, 2017-2025
4.4. Hybrid electric vehicles
4.4.1. Trend analysis
4.4.2. Market revenue, 2017-2025
4.5. Gasoline vehicles
4.5.1. Trend analysis
4.5.2. Market revenue, 2017-2025

CHAPTER 5. GLOBAL HEAVY DUTY TRUCK MARKET BY APPLICATION
5.1. SEGMENT OUTLINE
5.2. Agriculture
5.2.1. Trend analysis and growth prospects
5.2.2. Market revenue, 2017-2025
5.3. Construction
5.3.1. Trend analysis
5.3.2. Market revenue, 2017-2025
5.4. Mining
5.4.1. Trend analysis
5.4.2. Market revenue, 2017-2025
5.5. Logistics
5.5.1. Trend analysis
5.5.2. Market revenue, 2017-2025
5.6. Runway Turnoff Lights
5.6.1. Trend analysis
5.6.2. Market revenue, 2017-2025

CHAPTER 6. GLOBAL HEAVY DUTY TRUCK MARKET BY REGION
6.1. SEGMENT OUTLINE
6.2. HEAVY DUTY TRUCK REVENUE & VOLUME BY REGION
6.3. North America
6.3.1. U.S.
6.3.2. Canada
6.3.3. Mexico
6.4. Europe
6.4.1. UK
6.4.2. Germany
6.4.3. France
6.4.4. Italy
6.4.5. Rest of Europe
6.5. APAC
6.5.1. China
6.5.2. Japan
6.5.3. Korea
6.5.4. India
6.5.5. Rest of APAC
6.6. Rest of the world
6.6.1. Latin America
6.6.2. Middle East
6.6.3. Africa

CHAPTER 7. KEY VENDOR PROFILES AND REVENUE ANALYSIS
7.1. General Motors
7.1.1. Company synopsis
7.1.2. Company snapshot
7.1.3. Business overview
7.1.4. Strategic analysis and revenue from heavy duty truck business segment
7.2. Peterbilt
7.2.1. Company synopsis
7.2.2. Company snapshot
7.2.3. Business overview
7.2.4. Strategic analysis and revenue from heavy duty truck business segment
7.3. Ford Motor Company
7.3.1. Company synopsis
7.3.2. Company snapshot
7.3.3. Business overview
7.3.4. Strategic analysis and revenue from heavy duty truck business segment
7.4. Nissan
7.4.1. Company synopsis
7.4.2. Company snapshot
7.4.3. Business overview
7.4.4. Strategic analysis and revenue from heavy duty truck business segment
7.5. Tata Motors
7.5.1. Company synopsis
7.5.2. Company snapshot
7.5.3. Business overview
7.5.4. Strategic analysis and revenue from heavy duty truck business segment
7.6. Volkswagen
7.6.1. Company synopsis
7.6.2. Company snapshot
7.6.3. Business overview
7.6.4. Strategic analysis and revenue from heavy duty truck business segment
7.7. Toyota
7.7.1. Company synopsis
7.7.2. Company snapshot
7.7.3. Business overview
7.7.4. Strategic analysis and revenue from heavy duty truck business segment
7.8. FCA
7.8.1. Company synopsis
7.8.2. Company snapshot
7.8.3. Business overview
7.8.4. Strategic analysis and revenue from heavy duty truck business segment
7.9. Freightliner
7.9.1. Company synopsis
7.9.2. Company snapshot
7.9.3. Business overview
7.9.4. Strategic analysis and revenue from heavy duty truck business segment
7.10. Volvo
7.10.1. Company synopsis
7.10.2. Company snapshot
7.10.3. Business overview
7.10.4. Strategic analysis and revenue from heavy duty truck business segment
7.11. Kenworth
7.11.1. Company synopsis
7.11.2. Company snapshot
7.11.3. Business overview
7.11.4. Strategic analysis and revenue from heavy duty truck business segment
7.12. Navistar
7.12.1. Company synopsis
7.12.2. Company snapshot
7.12.3. Business overview
7.12.4. Strategic analysis and revenue from heavy duty truck business segment
7.13. Paccar
7.13.1. Company synopsis
7.13.2. Company snapshot
7.13.3. Business overview
7.13.4. Strategic analysis and revenue from heavy duty truck business segment
7.14. International
7.14.1. Company synopsis
7.14.2. Company snapshot
7.14.3. Business overview
7.12.4. Strategic analysis and revenue from heavy duty truck business segment
7.15. Daimler
7.15.1. Company synopsis
7.15.2. Company snapshot
7.15.3. Business overview
7.15.4. Strategic analysis and revenue from heavy duty truck business segment

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