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World Manufacture of OE Components For Medium/Heavy Trucks: Global Market Research of the Industry, Competitors & Opportunities: 2014 – 2019 Analysis and Forecasts

World Manufacture of OE Components For Medium/Heavy Trucks: Global Market Research of the Industry, Competitors & Opportunities: 2014 – 2019 Analysis and Forecasts

This report provides a detailed analysis of 25 key suppliers of components to global medium- and heavy-duty truck manufacturers. Component markets are split into the following segments: engine, transmission, HVAC, body/chassis, interior design, suspension, electronics, battery, and other.

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, and current and emerging markets. 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.

Components equaled 49% of the estimated USD113.19 billion 2014 global medium- and heavy-duty truck production costs. Total demand for components is forecast to grow at a 9.5% compounded annual growth rate during the next five years, faster than the growth rate for truck production itself. This will potentially reduce operating margins and force truck manufacturers to increase prices, increase productivity or lower non-component costs.

The NAFTA region is the largest market for components, accounting for 47.9% of total demand in 2014. The Asia-Pacific region, which in 2014 accounted for less than half of NAFTA demand, will be the fastest growing region during the next five years, due to increasing economic growth in the region and the increase in urbanization and related transportation requirements.

Advanced vehicle technologies such as high efficiency powertrains, Advanced Driver Assistance Systems, LED lighting, electronic control units, etc., were first adopted for use in automobiles and are now increasingly used in medium- and heavy-duty trucks; therefore these topics are included for discussion in this report.

The fastest growth will be in electronics, which are estimated to comprise 6% of the components market in 2014. By 2019, electronics are forecast to equal 8%, equivalent to a 16% CAGR. Advances in automotive electronic technologies add value in areas such as environment, safety/security, and comfort/convenience.

In response to tighter regulations world-wide for items such as powertrains and driver safety controls, further advances in the complexity and precision of electronic control systems, and installation of more units of electronic devices such as ECUs, sensors, actuators and connectors, are expected. Along with this will come a faster pace of advances in software to control these devices. There will also be a need for more powerful and more expensive batteries, resulting in a significant growth in battery demand between 2014 and 2019.

As car and truck makers grapple with a wide range of technological development needs, including emission controls and meeting fuel efficiency standards, R&D expenditures are ballooning. As a result, in addition to making alliances with other finished vehicle makers, OEMs are likely to outsource more development to the parts makers. The result will be a structure in which finished vehicle manufacturers concentrate their management resources on developing platforms, marketing, and drawing up brand strategies.

These and other topics are the subject of this publication from (“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.

Report Objective
Scope of Coverage
Advanced Vehicle Technologies
Statistical Notes
Medium- and Heavy-Duty Truck Market
Components Definitions
Derivation of Components Market Size
Components Market by Part Category
Component Market Growth by Part Category
Electronic Parts Growing Fastest
Components Market Growth by Type and Region
NAFTA Components Market
NAFTA Class 8 Engine Shipments
NAFTA Class 8 Transmission Shipments
Europe Components Market
Asia-Pacific Components Market
Rest of World Components Market
Powertrain and Fuel Efficiency
Fuel Economy Standards Have Tightened
Mediumand Heavy-Duty Truck Fuel Efficiency Standards
Europe Also Tightening Standards
High Efficiency Powertrain
Traditional Powertrain Inefficient
HEP Technologies
Engine-Enhancing Technologies: Air Management, Turbocharging
Turbocharger Suppliers
Variable Valve Actuation
Variable Valve Suppliers
Cooled Exhaust Gas Recirculation
Fuel Management: Direct Injection Systems
Direct Injection Suppliers
Other Engine-Enhancing Technologies: Engine Machined Parts and Sealing
Transmission-Enhancing Technologies
Dual Clutch Transmissions
DCT Transmission Suppliers
6-8 Speed Transmissions
6-8 Speed Transmission Suppliers
Automated Manual Transmissions
Automated Manual Transmission Suppliers
Secondary Axle Disconnect
Secondary Axle Disconnect Suppliers
Powertrain Electronics
Start-Stop Systems
Start-Stop System Suppliers
Double-Digit Growth for HEP
Suppliers That Will Most Benefit from HEP
Advanced Technologies Support Market Concentration
High Growth for Device Volume
Drivers of Electronification
Electrification to Produce Changes in Components Industry Structure
Shift From a Pyramid to a Diamond Structure
More Outsourcing of Parts
Birth of Tier-0 Suppliers
Europe Leads in Standardization
Emergence of Super Tier-2 Suppliers
Moves Toward Standardization in Semiconductors
Added-Value Outflow from Conventional Parts Makers
Tier-1 Suppliers at a Crossroads
Tier-2 Suppliers Face Price Pressures
Vehicles an Attractive New Market to Electronics Companies
Alcoa Inc.
Allison Transmission Holdings, Inc.
Autoliv, Inc.
BorgWarner Inc.
Bosch Ltd
Brembo S.p.A.
China Zenix Auto International Limited
Clarion Co., Ltd.
Commercial Vehicle Group, Inc.
Continental Aktiengesellschaft
Cummins Inc.
Dana Holding Corporation
Delphi Automotive Plc
Denso Corporation
Eaton Corporation
GS Yuasa Corporation
Hella KGaA Hueck & Co.
Koito Mfg.
Meritor, Inc.
Mobileye N.V
Modine Manufacturing Company
Panasonic Corp
WABCO Holdings Inc.
Weichai Power Co., Ltd.

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