Global Medium/Heavy-Duty OEM Trucks and Tier 1 Components
This report provides a detailed analysis of the global market for 13 key medium- and heavy-duty truck OEMs (Classes 4 through 8) and 18 of their key Tier 1 component suppliers, as well as the competitive environment in which they operate.
Topics include global, regional and major country production volumes and values; prices; market shares; the competitive environment; and mid- and long-range forecasts. In addition, there are in-depth discussions of issues facing the industry, such as profitability and growth strategies, product mixes, new technologies, aftermarket services, service revenues, current and emerging markets, value chains, restructuring, R&D, and financial performance, among others.
Extensive profiles of 31 public companies involved in the production of medium- and heavy-duty trucks and components are presented. Illustrations include 81 tables and 140 figures.
Medium- and heavy-duty trucks represent a $231 billion global market, growing 8.8% annually in volume and 9.1% in value.
The Asia-Pacific Region is dominant, with 48% of 2014 global production value. The Chinese market is the largest in the world but is dominated by low-cost, locally produced vehicles that offer basic, less sophisticated technology than their Western counterparts. However a huge opportunity exists in China if the adoption of Western technology escalates, as has happened in Russia. Japanese OEMs still only have mid-tier status but environmental regulations bode well for their growth by virtue of their engine technologies.
The fastest growth market is NAFTA; Europe and Asia Pacific are projected to grow at slower rates.
These and other topics are the subject of this publication from SpecialtyTransportation.net (“STN”). The report can be put to immediate use for sales and market planning, M&A identification, competitive share analysis, alliances and technology transfer considerations.