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The Heavy Duty Vehicle (HDV) market is a segment of the Commercial Vehicle industry. HDVs are typically used for long-distance transportation of goods and materials, and are characterized by their large size and weight. HDVs are typically powered by diesel engines, and are designed to carry heavy loads over long distances. They are often used in the construction, mining, and agricultural industries, as well as for long-distance freight transportation.
HDVs are typically more expensive than other types of commercial vehicles, and require more maintenance and upkeep. They are also subject to more stringent regulations, as they are often used to transport hazardous materials.
The HDV market is highly competitive, with a number of major players. Companies such as Volvo, Daimler, Scania, and MAN are all major players in the HDV market. Other companies such as Navistar, Isuzu, and Hino also have a presence in the HDV market. Show Less Read more