Market Research Logo

Global Medium/Heavy-Duty OEM Trucks. World Market Research of the Industry, Competitors & Opportunities: 2014 – 2019 Analysis and Forecasts

Global Medium/Heavy-Duty OEM Trucks. World Market Research of the Industry, Competitors & Opportunities: 2014 – 2019 Analysis and Forecasts

This report contains detailed analysis of the global market for medium- and heavy-duty trucks. It examines the 13 leading companies producing these vehicles, as well as the competitive environment in which they operate. The information in this publication has been extracted from STN’s publication, Global Medium/Heavy-Duty OEM Trucks and Tier 1 Components, originally published in November 2014.

Truck manufacturers divide trucks into eight classes according to gross vehicle weight rating (GVWR). This report focuses only on medium- and heavy-duty trucks, i.e. Classes 4 through 8 (GVWR of 14,001 lbs. and up).

The global market for medium- and heavy-duty trucks is large and is growing rapidly. With the exception of 2012, the global medium- and heavy-duty truck market has grown at a strong rate in both value and volume terms. Production in 2014 is estimated at 4.69 million units, worth over USD230 billion. Production grew at a CAGR (compounded annual growth rate) of 8.8% in volume and 9.9% in value between 2009 and 2013 and is forecast to rise annually 6.7% in volume and 9.1% in value through 2019.

In addition to analysis on overall global truck production, regional analysis is also offered: Asia-Pacific, with a special section on China; NAFTA, with production data on the US, Canada and Mexico; Europe, with Western Europe specifically addressed; and the rest of the world (ROW), with separate sections on Japan, India, Brazil and Russia.

The Asia-Pacific region is the largest producer of medium- and heavy-duty trucks, accounting for an estimated 48% of production value in 2014. However, the NAFTA region is forecast to show the highest growth rate during the 2014-2019 period, 13% annually. Growth will be much lower during this period in the Asia-Pacific region (CAGR of 8.3%), Europe (7.6%) and the ROW (6.6%).

China is the world’s largest producer of medium- and heavy-duty trucks. Production is estimated at 1.23 million units, worth USD69.3 billion in 2014. Lower engine emission standards in China have prevented the Chinese truck makers from competing on a level playing field with the leading international truck producers, prohibiting Chinese truck makers from entering developed markets. As the domestic market increasingly becoming mature, the leading truck producers are expanding their sales network overseas. And as China gradually rolls out the National IV Emission standard, additional opportunities will be available to the leading truck producers.

Individual company profiles, in addition to product and financial overviews, may include commentary on topics such as outlooks, trends, strategies, proprietary technology, regional markets, and partnerships and joint ventures, among others.


PREFACE
INTRODUCTION
Report Objective
Truck Classifications
Scope of Coverage
Statistical Notes
EXECUTIVE SUMMARY
MEDIUM- AND HEAVY-DUTY TRUCK MARKET
Global Market Overview
Global Market Value, Volume, Average Selling Price
Global Market Value by Region
Global Market Volume by Region
Global Market Price by Region
Asia-Pacific Market
China Market
China Heavy-Duty Truck Market
China’s Low Truck Penetration Rate
China Truck Export Potential and the Beneficiaries
China Heavy-Duty Truck Production
China Heavy Duty Truck Producer Market Shares
NAFTA Market
NAFTA Class 8 Builds
NAFTA Class 8 Production Outlook and Margins
NAFTA Class 6 and Class 7 Builds
North America Medium- and Heavy-Duty Truck Producer Market Shares
US Medium- and Heavy-Duty Truck Market
Canada Medium- and Heavy-Duty Truck Market
Mexico Medium- and Heavy-Duty Truck Market
Mexico Medium- and Heavy-Duty Truck Producer Market Shares
Europe Medium- and Heavy-Duty Truck Market
Western Europe Heavy-Duty Truck Market
ROW Medium- and Heavy-Duty Truck Market
Japan Medium- and Heavy-Duty Truck Market
Japan Market Growth Accelerating
Japan Truck Capacities
Japan Medium- and Heavy-Duty Truck Producers
Environmental Regulations Favor Japanese Trucks
Japan Post Bubble Truck Sales
Japan Truck Restructuring
Japan Truck Sales Dropped 20%
Japan Bottom
Capacity of Japan Coachbuilders Limited
After-Services Are Critical
Japan Market Shares Are Stable
Japan Truck Producer Market Shares
India Medium- and Heavy-Duty Truck Market
Brazil Medium- and Heavy-Duty Truck Market
Russia Medium- and Heavy-Duty Truck Market
Russia Medium- and Heavy-Duty Truck Producer Market Shares
CNHTC Jinan Truck Co., Ltd.
Daimler AG
Eicher Motors Limited
Hino Motors Ltd.
Kamaz OAO
MAN SE
Navistar International Corporation
Oshkosh Corporation
PACCAR Inc
Scania AB
Sinotruk (Hong Kong) Limited
Tata Motors
Volvo
NOTE ON METHODOLOGY

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report