LONDON, Oct. 8, 2015 /PRNewswire/ -- The global trucking
industry is driven by strong fundamentals & has long term,
sustainable growth drivers given the key role played by the
transportation industry towards economic growth & development
globally. The industry continues to make recovery from the demand
slump that followed the global economic crisis led by the strong
economic recovery underway in the U.S. while key emerging markets,
namely, China, Brazil & Russia face economic slowdown & a host of
complex challenges.
The global medium & heavy truck market is valued at around
$100 billion, as of 2014, and is
projected to grow at 3.1% CAGR through 2024. The market has been on
the recovery path while battling a difficult & complex global
macroeconomic environment. However, the significant projected
growth in sales volumes for medium & heavy trucks across
emerging markets over the next decade and the rapidly expanding
scope of technology evolution & integration are amongst the top
trends & drivers which are likely to drive industry growth
& spearhead development of new business and service models as
well as concepts over the next decade.
The report provides strategic analysis & comprehensive insights
into the global medium & heavy truck market with focus on a
blend of quantitative & qualitative analysis. Part 1 of the
report analyzes the current market size, drivers & competitive
landscape for medium & heavy trucks. Part 2 provides detailed
analysis on Top 7 industry OEMs, including, profiles & product
portfolio snapshot, financial analysis, SWOT framework analysis and
key insights into the strategies & plans of these OEMs. Part 3
projects the market evolution likely over medium term with analysis
of key market & technological trends, issues & challenges,
market developments & potential growth opportunities which
could be leveraged by the industry value chain. The report
concludes by analyzing market evolution and projecting demand
outlook for medium & heavy trucks over the next decade.
Report Excerpts:
-The Global Medium & Heavy Truck Market is projected to grow at
CAGR 3.1% through 2024.
-Daimler is likely to continue with its leadership of the Global
Medium & Heavy Truck Market over the next decade.
-Emerging markets, led by the BRIC block, to constitute a Majority
Share of the Global Demand for Medium & Heavy Trucks over the
next decade.
-Technology evolution to be a key growth driver over the next
decade with unmanned/autonomous truck projects like Daimler's
Future Truck 2025 likely to become a commercial reality.
-Other key technology trends include :- Connected Vehicle
Technologies, Alternate Fuels, Material Science Innovations and
Aerodynamic Efficiency Enhancement Measures.
-Evolution of new Service Models and Concepts across OEMs
leveraging a range of Connected Vehicle Technologies.
-Analysis of Daimler's Overall Strategy of Enhancing Sources of
Competitive Advantages & Strategic Differentiators while
bolstering overall Profitability of Operations. The report also
provides additional coverage on Daimler's Global Leadership
Strategy 2020 & Global Platform Modular Product Strategy.
-Analysis of Volvo's Plans to make further inroads into the North
American Truck market & expand market share through Broadening
of Product Lineup with the Introduction of Additional,
Application-Specific Product Variants.
Relevance & Usefulness: The report will be useful
for
-- Strategic Planning & Decision-Making process
-- Identification of & Insights into Potential Growth
Opportunities & Avenues
-- Inputs on Market Evolution & Demand Projections over Medium
Term
-- Mapping the convergence between Industry & OEM Growth
Strategies & Plans
-- Assessing potential impact of emerging Market Trends &
Developments
-- Contingency planning for current Strategies, Plans &
Programs
-- Identifying & highlighting areas for making potential
Strategic Changes, Adjustments & Realignment
For Whom: Key Decision-Makers across Industry Value Chain
The report will be essential for those associated with and having
interest in the Global Medium & Heavy Truck market. The report
will be especially useful for Key Decision-Makers, Top Management
of Companies, OEMs, Suppliers, Distributors, Vendors and other Key
Players in the Industry Value Chain as well as existing &
potential Investors, Industry & Company Analysts, M&A
Advisory Firms, Strategy & Management Consulting Firms, PE
Firms, Venture Capitalists & all those associated with the
industry.
Download the full report:
https://www.reportbuyer.com/product/3156612/
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