Global Heavy-Duty Truck Manufacturing - Industry Market Research Report

  • ID: 3799683
  • Report
  • Region: Global
  • 30 pages
  • IBISWorld
1 of 4
Grab the wheel: Global demand will rise despite stricter environmental regulations

FEATURED COMPANIES

  • AB Volvo
  • Daimler AG
  • PACCAR Inc
  • MORE

Global Heavy-Duty Truck Manufacturing

The Global Heavy-Duty Truck Manufacturing industry has experienced an eventful five years to 2018, with multiple years of decline. Governments across the globe have been imposing new regulations aimed at reducing truck emissions. When new standards are introduced, truck prices typically increase due to higher research and development costs to make truck emissions compliant. Truck buyers are aware of this trend, and when legislation change is announced, they tend to purchase vehicles in anticipation of rising prices once the new law is implemented. As a result, industry revenue is expected to decrease over the five years to 2018. Over the five years to 2023, production in emerging economies, such as India, is anticipated to climb in line with the growing global economy, which will lead to a rise in global demand for trucks. Additionally, developed economies are expected to trend upward in light of rising trade activity and household expenditure. However, governments will continue to introduce more stringent emissions regulations to make the trucking sector “greener,” which may ultimately affect demand and subdue the industry's growth potential.

Companies in this industry manufacture truck and bus chassis and assemble trucks, buses and other special-purpose heavy-duty motor vehicles for highway use, such as firefighting trucks. The trucks manufactured by this industry are heavy trucks used by freight companies and do not include passenger vehicles.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • AB Volvo
  • Daimler AG
  • PACCAR Inc
  • MORE
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY
Note: Product cover images may vary from those shown
3 of 4

Loading
LOADING...

4 of 4
  • AB Volvo
  • PACCAR Inc
  • Daimler AG
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
Adroll
adroll