Commercial Trucks, especially medium- and heavy-duty carriers, deployed on a large-scale for infrastructural operations are expected to favorably impact market growth. Need for better connectivity and transport facilities globally is expected to drive commercial trucks market demand.
Accelerated demand in excavation of land, laying foundations, landscape areas, and moving large tracts of land for archeological purposes are expected to strengthen demand for road-making and earth-moving activities. This is expected to positively impact the industry.
The "Global Commercial Truck Market Analysis to 2028" is a specialized and in-depth study of the commercial truck market with a special focus on the global market trend analysis. The report aims to provide an overview of commercial truck market with detailed market segmentation by propulsion type, truck type. The global commercial truck market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading commercial truck market players and offers key trends and opportunities in the commercial truck market.
The global commercial truck market is segmented on the basis of propulsion type, truck type. On the basis of propulsion type, the market is segmented as diesel, gasoline, CNG, electric, hybrid. On the basis of truck type, the market is segmented as LCV, M and HCV.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global commercial truck market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The commercial truck market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting commercial truck market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the commercial truck market in these regions.
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The reports cover key developments in the commercial truck market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from commercial truck market are anticipated to lucrative growth opportunities in the future with the rising demand for commercial truck market. Below mentioned is the list of few companies engaged in the commercial truck market.
The report also includes the profiles of key commercial truck market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
Dongfeng Commercial Vehicle Company Limited
HINO MOTORS SALES U.S.A., INC.
IVECO - A CNH INDUSTRIAL COMPANY
MAN (TRATON GROUP)
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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The List of Companies
1. AB Volvo
2. Daimler AG
3. Dongfeng Commercial Vehicle Company Limited
4. HINO MOTORS SALES U.S.A., INC.
5. IVECO - A CNH INDUSTRIAL COMPANY
6. MAN (TRATON GROUP)
7. Navistar, Inc.
8. PACCAR Inc.
9. Scania AB
10. Tata Motors