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Eight Transformational Trends Influencing the Global Trucking Industry’s Growth Trajectory

Eight Transformational Trends Influencing the Global Trucking Industry’s Growth Trajectory

Technological, demographic, environmental, and geopolitical shifts are altering the commercial truck market globally. Integration of digital technologies primarily for resource management and total cost optimization will result in the evolution of truck technology from basic telematics services to advanced traffic modeling, weather prediction, and social media analytics. Autonomous driving technologies are gaining traction and are expected to garner significant OEM support to reach scalability by 2025, when level 3 autonomous trucks are expected to reach the market. Significant portion of global truck market growth in the next decade will come from Next 11, ASEAN, Middle East, and African countries. Africa’s truck market will be buoyed by the establishment of the African corridor, expansion of free trade agreements within the continent, and better utilization of natural resources. In conjunction with the growth of emerging markets, value trucks will be the fastest- growing segment in the next decade — nearly tripling in volume to account for 31% of total truck sales globally by 2025. Demand for this segment will be driven by fleet modernization efforts in China and India, which are the dominant low-cost truck markets. More global platforms are expected as global OEMs look to expand in Asian markets.


  • Executive Summary
    • Executive Summary-Top 8 Transformational Shifts Shaping the Future of Commercial Trucking
    • Executive Summary-Industry Transformation
    • Executive Summary-Top 5 Insights
  • Research Scope, Objectives, Background, and Methodology
    • Research Scope
    • Research Aims and Objectives
    • Key Questions this Study will Answer
    • Research Background
    • Research Methodology
    • Key OEMs Compared in this Study
  • Definitions and Segmentation
    • Commercial Vehicle Definitions and Vehicle Segmentation
  • Top 8 Transformational Shifts Shaping the Future of Commercial Trucking
    • Transformational Shift No.1-Digital Transformation
    • Subtrend 1-Technology Enabling New Modes of Fulfillment
    • Subtrend 2-Uber for Trucks
    • Subtrend 3-Digital Services Value Stream Stakeholders
    • Subtrend 4-Emergence of Smart Payment Service in Trucking
    • Key Strategic Implications for the Trucking Industry
    • Transformational Shift No.2-Autonomous Trucking
    • Subtrend 1-Technologies Enabling Autonomous Trucking
    • Subtrend 2-Skilled Driver Shortage
    • Subtrend 3-Shortage of Trained Technicians
    • Key Strategic Implications for the Trucking Industry
    • Transformational Shift No.3-Rise of Value Trucks
    • Key Focal Points for Product Planning in a Value Truck
    • Global Truck Sales
    • Key Strategic Implications for the Trucking Industry
    • Transformational Shift No.4-Platformization
    • Subtrend 1-Medium- and Heavy-Duty Truck Platforms
    • Medium- and Heavy-Duty Truck Platforms of Key OEMs
    • HD Engine Platform Design Harmonization
    • Key Strategic Implications for the Trucking Industry
    • Transformational Shift No.5-Urban Trucking
    • Subtrend 1-Evolving Customer Base for Urban Logistics
    • Subtrend 2-New Business Models in Logistics
    • Key Strategic Implications for the Trucking Industry
    • Transformational Shift No.6-Beyond BRIC
    • Subtrend 1-Winds of Change in Next 11 and Others
    • Future Corridors of Africa-Road to Prosperity
    • Africa Truck Sales Growth Forecast
    • Key Strategic Implications for the Trucking Industry
    • Transformational Shift No.7-Rise of Asian OEMs
    • Subtrend 1-Asian OEMs Dominate Some Value Truck Markets
    • Timeline of CNHTC's Strategic Partnerships
    • Snapshot of Indian OEMs' International Operations
    • Hyundai's Strong Intent to Grow its Commercial Vehicle Business
    • Key Strategic Implications for the Trucking Industry
    • Transformational Shift No.8-Dealership Evolution
    • Subtrend 1-Dealership and OEM Convergence Opportunities
    • Subtrend 2-Predictive Analytics: Big Data Leverage by Dealerships
    • Renault Truck eRetailing
    • Alliance Truck Parts
    • Key Strategic Implications for the Trucking Industry
  • Conclusions
    • Summary and Recommendations
    • The Last Word-3 Big Predictions
  • Appendix

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