Heavy-Duty Trucks Market - Global Industry Analysis

The global Heavy-Duty Trucks market, which accrued proceeds worth 205.82 (USD Billion) in 2019, is set to record the CAGR of nearly 3.9% over the period from 2020 to 2026. The report offers assessment and analysis of the Heavy-Duty Trucks market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, sales estimates, opportunities, evolving trends, and industry-validated data. The report offers historical data from 2017 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Billion).

Introduction

Heavy-duty trucks are utilized for transporting of goods and find lucrative usage in agriculture, construction, mining, and logistics sectors. Additionally, the service providers are focusing on raising the truck fleet to enhance truck proficiency. In addition to this, thriving ecommerce activities across the globe will steer the expansion of heavy duty trucks business over the forthcoming years.

Market Growth Dynamics

 The escalating demand for robust vehicles having high transporting ability as well as capability for handling huge weights & suspension tools will boost the market progression over the coming decade. Apart from this, rise in the freight transport activities with rise in the globalization will prompt the business growth over the forecast timespan. Additionally, surge in the domestic as well as global trading activities are likely to offer new growth avenues for heavy-duty trucks market over the forthcoming years.

Furthermore, swift industrialization has resulted in large-scale production & distribution of products, thereby creating huge demand for transport fleet size. This is likely to translate into huge need for heavy-duty truck vehicles in the near future. Apparently, improvements in logistics & supply chain management activities will steer the business growth over the next couple of years. Inclusion of advanced driver assistance systems & secured features in the vehicles will bring a paradigm shift in the transport systems and will pave a way for the growth of heavy-duty trucks industry over the forecasting years.

Asia Pacific To Majorly Influence Overall Market Growth During 2020-2026

The expansion of the heavy duty trucks industry in the Asia Pacific zone over the estimated timespan is due to increase in the product sales along with huge presence of reputed players in the region. Apart from this, easy availability of workforce at reduced wages and access to abundant raw materials at lower costs will steer the construction & automotive sectors resulting in huge product penetration on Asia Pacific. Countries like Thailand, China, India, Malaysia, and Indonesia are predicted to contribute sizably towards the regional market revenue over the estimated timespan.

Key players included in the report are Tata Motors, China National Heavy Duty Group, Volvo, Paccar, Ashok Leyland, Dongfeng, Scania AB, Daimler AG, Isuzu Motors, Ford Motor Company, Eicher Motors Limited, Freightliner, MAN SE, Kenworth, Oshkosh Corporation, Navistar, Peterbilt, and Volkswagen.

The global heavy-duty trucks market is segmented as follows:

By Application Type

• Freight & Logistics
• Construction & Mining
• Other Applications

By Tonnage Type

• 10–15 metric ton
• Over 15 metric ton

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

• Chapter 1. Preface
  • 1.1. Report Description and Scope
  • 1.2. Research Scope
  • 1.3. Research Methodology
    • 1.3.1. Market Research Source
    • 1.3.2. Market Research Methodology
• Chapter 2. Executive Summary
  • 2.1. Heavy-Duty Trucks Market, 2016–2026(USD Billion)
  • 2.2. Heavy-Duty Trucks Market: Snapshot
• Chapter 3. Global Heavy-Duty Trucks Market– Industry Analysis
  • 3.1. Heavy-Duty Trucks Market: Market Dynamics
  • 3.2. Market Drivers
    • 3.2.1. The escalating demand for robust vehicles having high transporting ability as well as capability for handling huge weights & suspension touls will boost the market progression.
    • 3.2.2. Surge in the domestic as well as global trading activities are likely to offer new growth avenues for heavy-duty trucks market over the forthcoming years.
  • 3.3. Porter’s Five Forces Analysis
  • 3.4. Market Attractiveness Analysis
    • 3.4.1. Market attractiveness analysis By Application Type
    • 3.4.2. Market attractiveness analysis By Tonnage Type
• Chapter 4. Global Heavy-Duty Trucks Market– Competitive Landscape
  • 4.1. Company market share analysis
    • 4.1.1. Global Heavy-Duty Trucks Market: company market share, 2019
  • 4.2. Strategic development
    • 4.2.1. Acquisitions & mergers
    • 4.2.2. New Product launches
    • 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
    • 4.2.4. Research and development and Regional expansion
  • 4.3. Price trend analysis
• Chapter 5. Global Heavy-Duty Trucks Market– Application Type Analysis
  • 5.1. Global Heavy-Duty Trucks Market overview: By Application Type
    • 5.1.1. Global Heavy-Duty Trucks Market share, By Application Type , 2019 and 2026
  • 5.2. Freight & Logistics
    • 5.2.1. Global Heavy-Duty Trucks Market By Freight & Logistics, 2016–2026(USD Billion)
  • 5.3. Construction & Mining
    • 5.3.1. Global Heavy-Duty Trucks Market By Construction & Mining, 2016–2026(USD Billion)
  • 5.4. Other Applications
    • 5.4.1. Global Heavy-Duty Trucks Market By Other Applications, 2016–2026(USD Billion)
• Chapter 6. Global Heavy-Duty Trucks Market– Tonnage Type Analysis
  • 6.1. Global Heavy-Duty Trucks Market overview: By Tonnage Type
    • 6.1.1. Global Heavy-Duty Trucks Market share, By Tonnage Type , 2019 and 2026
  • 6.2. 10–15 Metric Ton
    • 6.2.1. Global Heavy-Duty Trucks Market By 10–15 Metric Ton, 2016–2026(USD Billion)
  • 6.3. Over 15 Metric Ton
    • 6.3.1. Global Heavy-Duty Trucks Market By Over 15 Metric Ton, 2016–2026(USD Billion)
• Chapter 7. Company Profiles
  • 7.1. China National Heavy Duty Group
    • 7.1.1. Overview
    • 7.1.2. Financials
    • 7.1.3. Product Portfolio
    • 7.1.4. Business Strategy
    • 7.1.5. Recent Developments
  • 7.2. Ashok Leyland
    • 7.2.1. Overview
    • 7.2.2. Financials
    • 7.2.3. Product Portfolio
    • 7.2.4. Business Strategy
    • 7.2.5. Recent Developments
  • 7.3. Dongfeng
    • 7.3.1. Overview
    • 7.3.2. Financials
    • 7.3.3. Product Portfolio
    • 7.3.4. Business Strategy
    • 7.3.5. Recent Developments
  • 7.4. Daimler AG
    • 7.4.1. Overview
    • 7.4.2. Financials
    • 7.4.3. Product Portfolio
    • 7.4.4. Business Strategy
    • 7.4.5. Recent Developments
  • 7.5. Ford Motor Company
    • 7.5.1. Overview
    • 7.5.2. Financials
    • 7.5.3. Product Portfolio
    • 7.5.4. Business Strategy
    • 7.5.5. Recent Development
  • 7.6. Eicher Motors Limited
    • 7.6.1. Overview
    • 7.6.2. Financials
    • 7.6.3. Product Portfolio
    • 7.6.4. Business Strategy
    • 7.6.5. Recent Development
  • 7.7. Isuzu Motors
    • 7.7.1. Overview
    • 7.7.2. Financials
    • 7.7.3. Product Portfolio
    • 7.7.4. Business Strategy
    • 7.7.5. Recent Development
  • 7.8. Freightliner
    • 7.8.1. Overview
    • 7.8.2. Financials
    • 7.8.3. Product Portfolio
    • 7.8.4. Business Strategy
    • 7.8.5. Recent Development
  • 7.9. MAN SE
    • 7.9.1. Overview
    • 7.9.2. Financials
    • 7.9.3. Product Portfolio
    • 7.9.4. Business Strategy
    • 7.9.5. Recent Development
  • 7.10. Kenworth
    • 7.10.1. Overview
    • 7.10.2. Financials
    • 7.10.3. Product Portfolio
    • 7.10.4. Business Strategy
    • 7.10.5. Recent Development
  • 7.11. Oshkosh Corporation
    • 7.11.1. Overview
    • 7.11.2. Financials
    • 7.11.3. Product Portfolio
    • 7.11.4. Business Strategy
    • 7.11.5. Recent Development
  • 7.12. Navistar
    • 7.12.1. Overview
    • 7.12.2. Financials
    • 7.12.3. Product Portfolio
    • 7.12.4. Business Strategy
    • 7.12.5. Recent Development
  • 7.13. Peterbilt
    • 7.13.1. Overview
    • 7.13.2. Financials
    • 7.13.3. Product Portfolio
    • 7.13.4. Business Strategy
    • 7.13.5. Recent Development
  • 7.14. Paccar
    • 7.14.1. Overview
    • 7.14.2. Financials
    • 7.14.3. Product Portfolio
    • 7.14.4. Business Strategy
    • 7.14.5. Recent Development
  • 7.15. Tata Motors
    • 7.15.1. Overview
    • 7.15.2. Financials
    • 7.15.3. Product Portfolio
    • 7.15.4. Business Strategy
    • 7.15.5. Recent Development
  • 7.16. Scania AB
    • 7.16.1. Overview
    • 7.16.2. Financials
    • 7.16.3. Product Portfolio
    • 7.16.4. Business Strategy
    • 7.16.5. Recent Development
  • 7.17. Vulvo
    • 7.17.1. Overview
    • 7.17.2. Financials
    • 7.17.3. Product Portfolio
    • 7.17.4. Business Strategy
    • 7.17.5. Recent Development
  • 7.18. Vulkswagen
    • 7.18.1. Overview
    • 7.18.2. Financials
    • 7.18.3. Product Portfolio
    • 7.18.4. Business Strategy
    • 7.18.5. Recent Development

Table Of Figures

List of Figures

1. Market research Technology
2. Market research methodology
3. Global Heavy-Duty Trucks Market, 2016–2026(USD Billion)
4. Porter’s Five Forces Analysis
5. Global Heavy-Duty Trucks Market attractiveness, By Application Type  
6. Global Heavy-Duty Trucks Market attractiveness, By Tonnage Type  
7. Global Heavy-Duty Trucks Market Share by Application Type   ,2019 and 2026 (USD Billion)
8. Global Heavy-Duty Trucks Market by Freight & Logistics,2016–2026(USD Billion)
9. Global Heavy-Duty Trucks Market by  Construction & Mining,2016–2026(USD Billion)
10. Global Heavy-Duty Trucks Market by Other Applications,2016–2026(USD Billion)
11. Global Heavy-Duty Trucks Market Share by Tonnage Type,2019 and 2026 (USD Billion)
12. Global Heavy-Duty Trucks Market by 10–15 Metric Ton,2016–2026(USD Billion)
13. Global Heavy-Duty Trucks Market by  Over 15 Metric Ton,2016–2026(USD Billion)
14. Global Heavy-Duty Trucks Market share, by Region, 2019 and 2026
15. North America Heavy-Duty Trucks Market, 2016–2026(USD Billion)
16. Europe Heavy-Duty Trucks Market, 2016–2026(USD Billion)
17. Asia Pacific Heavy-Duty Trucks Market, 2016–2026(USD Billion)
18. Latin America Heavy-Duty Trucks Market, 2016–2026(USD Billion)
19. The Middle East and Africa Heavy-Duty Trucks Market, 2016–2026(USD Billion)

Table Of Tables

List of Tables

1. Global Heavy-Duty Trucks Market: snapshot
2. Drivers of the Heavy-Duty Trucks Market: impact analysis
3. North America Heavy-Duty Trucks Market revenue, By Application Type   ,2016–2026(USD Billion)
4. North America Heavy-Duty Trucks Market revenue, By Tonnage Type, 2016–2026(USD Billion)
5. The U.S. Heavy-Duty Trucks Market revenue, By Application Type   ,2016–2026(USD Billion)
6. The U.S. Heavy-Duty Trucks Market revenue, By Tonnage Type, 2016–2026(USD Billion)
7. Rest of North America Heavy-Duty Trucks Market revenue, By Application Type   ,2016–2026(USD Billion)
8. Rest of North America Heavy-Duty Trucks Market revenue, By Tonnage Type, 2016–2026(USD Billion)
9. Europe Heavy-Duty Trucks Market revenue, By Application Type   ,2016–2026(USD Billion)
10. Europe Heavy-Duty Trucks Market revenue, By Tonnage Type, 2016–2026(USD Billion)
11. UK Heavy-Duty Trucks Market revenue, By Application Type   , 2016–2026(USD Billion)
12. UK Heavy-Duty Trucks Market revenue, By Tonnage Type, 2016–2026(USD Billion)
13. France Heavy-Duty Trucks Market revenue, By Application Type   , 2016–2026(USD Billion)
14. France Heavy-Duty Trucks Market revenue, By Tonnage Type, 2016–2026(USD Billion)
15. Germany Heavy-Duty Trucks Market revenue, By Application Type   , 2016–2026(USD Billion)
16. Germany Heavy-Duty Trucks Market revenue, By Tonnage Type, 2016–2026(USD Billion)
17. Rest of Europe Heavy-Duty Trucks Market revenue, By Application Type   , 2016–2026(USD Billion)
18. Rest of Europe Heavy-Duty Trucks Market revenue, By Tonnage Type, 2016–2026(USD Billion)
19. Asia Pacific Heavy-Duty Trucks Market revenue, By Application Type   , 2016–2026(USD Billion)
20. Asia Pacific Heavy-Duty Trucks Market revenue, By Tonnage Type, 2016–2026(USD Billion)
21. China Heavy-Duty Trucks Market revenue, By Application Type   , 2016–2026(USD Billion)
22. China Heavy-Duty Trucks Market revenue, By Tonnage Type, 2016–2026(USD Billion)
23. Japan Heavy-Duty Trucks Market revenue, By Application Type   , 2016–2026(USD Billion)
24. Japan Heavy-Duty Trucks Market revenue, By Tonnage Type, 2016–2026(USD Billion)
25. India Heavy-Duty Trucks Market revenue, By Application Type   , 2016–2026(USD Billion)
26. India Heavy-Duty Trucks Market revenue, By Tonnage Type, 2016–2026(USD Billion)
27. Rest of Asia Pacific Heavy-Duty Trucks Market revenue, By Application Type   , 2016–2026(USD Billion)
28. Rest of Asia Pacific Heavy-Duty Trucks Market revenue, By Tonnage Type, 2016–2026(USD Billion)
29. Latin America Heavy-Duty Trucks Market revenue, By Application Type   , 2016–2026(USD Billion)
30. Latin America Heavy-Duty Trucks Market revenue, By Tonnage Type, 2016–2026(USD Billion)
31. Brazil Heavy-Duty Trucks Market revenue, By Application Type   , 2016–2026(USD Billion)
32. Brazil Heavy-Duty Trucks Market revenue, By Tonnage Type, 2016–2026(USD Billion)
33. Rest of Latin America Heavy-Duty Trucks Market revenue, By Application Type   , 2016–2026(USD Billion)
34. Rest of Latin America Heavy-Duty Trucks Market revenue, By Tonnage Type, 2016–2026(USD Billion)
35. The Middle East and Africa Heavy-Duty Trucks Market revenue, By Application Type   , 2016–2026(USD Billion)
36. The Middle East and Africa Heavy-Duty Trucks Market revenue, By Tonnage Type, 2016–2026(USD Billion)
37. Saudi Arabia Heavy-Duty Trucks Market revenue, By Application Type   , 2016–2026(USD Billion)
38. Saudi Arabia Heavy-Duty Trucks Market revenue, By Tonnage Type, 2016–2026(USD Billion)
39. South Africa Heavy-Duty Trucks Market revenue, By Application Type   , 2016–2026(USD Billion)
40. South Africa Heavy-Duty Trucks Market revenue, By Tonnage Type, 2016–2026(USD Billion)
41. Rest of the Middle East & Africa Heavy-Duty Trucks Market revenue, By Application Type   , 2016–2026(USD Billion)
42. Rest of the Middle East & Africa Heavy-Duty Trucks Market revenue, By Tonnage Type, 2016–2026(USD Billion)