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Heavy Trucks-Global Market Insights and Sales Trends 2024
Synopsis
Heavy Machinery (Large Trucks) is the largest trucks allowed on the road, mostly used for long-haul purposes. Heavy Machinery (Large Trucks) constitutes an essential part of trucking industry. The trucking industry provides a vital service to the economy by transporting large quantities of goods. Heavy Machinery (Large Trucks) throughout the world is responsible for the majority of freight movement and is vital tools in the Firefighting, Construction, Forestry, Agriculture, Military industries.
The global Heavy Trucks market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Heavy Trucks in various end use industries. The expanding demands from the Building, Mining, Agricultural and Other, are propelling Heavy Trucks market. Dump Trucks, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Tractor-Trailers segment is estimated at % CAGR for the next seven-year period.
The increase in raw material prices is one of the biggest hurdles for truck industry wherein the soaring iron and steel prices are compelling the truck manufacturers to increase prices of their final product. The economically volatile environment and unstable crude oil prices are restraining fleet owners (the consumers for truck industry) to purchase new trucks. Poor road infrastructure in the developing countries has been a prevailing challenge for the trucks manufacturing market which is making the trucking activities strenuous and prone to frequent breakdowns. The global heavy truck manufacturers have been increasing the number of their service stations in order to build customer relationships which are to a great degree dependent on servicing facilities provided by the companies.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Heavy Trucks, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Heavy Trucks market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Heavy Trucks market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Heavy Trucks sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Heavy Trucks covered in this report include Daimler Trucks, MAN, PACCAR, Scania, Volvo Trucks, Ashok Leyland, FAW Group Corporation, ISUZU MOTORS and Iveco, etc.
The global Heavy Trucks market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Daimler Trucks
MAN
PACCAR
Scania
Volvo Trucks
Ashok Leyland
FAW Group Corporation
ISUZU MOTORS
Iveco
Mack Trucks
Scania
Tata Motors
Global Heavy Trucks market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Heavy Trucks market, Segment by Type:
Dump Trucks
Tractor-Trailers
Tank Trucks
Haul Trucks
Global Heavy Trucks market, by Application
Building
Mining
Agricultural
Other
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Heavy Trucks manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Heavy Trucks in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Heavy Machinery (Large Trucks) is the largest trucks allowed on the road, mostly used for long-haul purposes. Heavy Machinery (Large Trucks) constitutes an essential part of trucking industry. The trucking industry provides a vital service to the economy by transporting large quantities of goods. Heavy Machinery (Large Trucks) throughout the world is responsible for the majority of freight movement and is vital tools in the Firefighting, Construction, Forestry, Agriculture, Military industries.
The global Heavy Trucks market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Heavy Trucks in various end use industries. The expanding demands from the Building, Mining, Agricultural and Other, are propelling Heavy Trucks market. Dump Trucks, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Tractor-Trailers segment is estimated at % CAGR for the next seven-year period.
The increase in raw material prices is one of the biggest hurdles for truck industry wherein the soaring iron and steel prices are compelling the truck manufacturers to increase prices of their final product. The economically volatile environment and unstable crude oil prices are restraining fleet owners (the consumers for truck industry) to purchase new trucks. Poor road infrastructure in the developing countries has been a prevailing challenge for the trucks manufacturing market which is making the trucking activities strenuous and prone to frequent breakdowns. The global heavy truck manufacturers have been increasing the number of their service stations in order to build customer relationships which are to a great degree dependent on servicing facilities provided by the companies.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Heavy Trucks, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Heavy Trucks market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Heavy Trucks market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Heavy Trucks sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Heavy Trucks covered in this report include Daimler Trucks, MAN, PACCAR, Scania, Volvo Trucks, Ashok Leyland, FAW Group Corporation, ISUZU MOTORS and Iveco, etc.
The global Heavy Trucks market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Daimler Trucks
MAN
PACCAR
Scania
Volvo Trucks
Ashok Leyland
FAW Group Corporation
ISUZU MOTORS
Iveco
Mack Trucks
Scania
Tata Motors
Global Heavy Trucks market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Heavy Trucks market, Segment by Type:
Dump Trucks
Tractor-Trailers
Tank Trucks
Haul Trucks
Global Heavy Trucks market, by Application
Building
Mining
Agricultural
Other
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Heavy Trucks manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Heavy Trucks in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Heavy Trucks Market Overview
1.1 Heavy Trucks Product Overview
1.2 Heavy Trucks Market Segment by Type
1.2.1 Dump Trucks
1.2.2 Tractor-Trailers
1.2.3 Tank Trucks
1.2.4 Haul Trucks
1.3 Global Heavy Trucks Market Size by Type
1.3.1 Global Heavy Trucks Market Size Overview by Type (2018-2029)
1.3.2 Global Heavy Trucks Historic Market Size Review by Type (2018-2023)
1.3.3 Global Heavy Trucks Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Heavy Trucks Sales Breakdown by Type (2018-2023)
1.4.2 Europe Heavy Trucks Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Heavy Trucks Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Heavy Trucks Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Heavy Trucks Sales Breakdown by Type (2018-2023)
2 Global Heavy Trucks Market Competition by Company
2.1 Global Top Players by Heavy Trucks Sales (2018-2023)
2.2 Global Top Players by Heavy Trucks Revenue (2018-2023)
2.3 Global Top Players by Heavy Trucks Price (2018-2023)
2.4 Global Top Manufacturers Heavy Trucks Manufacturing Base Distribution, Sales Area, Product Type
2.5 Heavy Trucks Market Competitive Situation and Trends
2.5.1 Heavy Trucks Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Heavy Trucks Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Heavy Trucks as of 2022)
2.7 Date of Key Manufacturers Enter into Heavy Trucks Market
2.8 Key Manufacturers Heavy Trucks Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Heavy Trucks Status and Outlook by Region
3.1 Global Heavy Trucks Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Heavy Trucks Historic Market Size by Region
3.2.1 Global Heavy Trucks Sales in Volume by Region (2018-2023)
3.2.2 Global Heavy Trucks Sales in Value by Region (2018-2023)
3.2.3 Global Heavy Trucks Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Heavy Trucks Forecasted Market Size by Region
3.3.1 Global Heavy Trucks Sales in Volume by Region (2024-2029)
3.3.2 Global Heavy Trucks Sales in Value by Region (2024-2029)
3.3.3 Global Heavy Trucks Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Heavy Trucks by Application
4.1 Heavy Trucks Market Segment by Application
4.1.1 Building
4.1.2 Mining
4.1.3 Agricultural
4.1.4 Other
4.2 Global Heavy Trucks Market Size by Application
4.2.1 Global Heavy Trucks Market Size Overview by Application (2018-2029)
4.2.2 Global Heavy Trucks Historic Market Size Review by Application (2018-2023)
4.2.3 Global Heavy Trucks Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Heavy Trucks Sales Breakdown by Application (2018-2023)
4.3.2 Europe Heavy Trucks Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Heavy Trucks Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Heavy Trucks Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Heavy Trucks Sales Breakdown by Application (2018-2023)
5 North America Heavy Trucks by Country
5.1 North America Heavy Trucks Historic Market Size by Country
5.1.1 North America Heavy Trucks Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Heavy Trucks Sales in Volume by Country (2018-2023)
5.1.3 North America Heavy Trucks Sales in Value by Country (2018-2023)
5.2 North America Heavy Trucks Forecasted Market Size by Country
5.2.1 North America Heavy Trucks Sales in Volume by Country (2024-2029)
5.2.2 North America Heavy Trucks Sales in Value by Country (2024-2029)
6 Europe Heavy Trucks by Country
6.1 Europe Heavy Trucks Historic Market Size by Country
6.1.1 Europe Heavy Trucks Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Heavy Trucks Sales in Volume by Country (2018-2023)
6.1.3 Europe Heavy Trucks Sales in Value by Country (2018-2023)
6.2 Europe Heavy Trucks Forecasted Market Size by Country
6.2.1 Europe Heavy Trucks Sales in Volume by Country (2024-2029)
6.2.2 Europe Heavy Trucks Sales in Value by Country (2024-2029)
7 Asia-Pacific Heavy Trucks by Region
7.1 Asia-Pacific Heavy Trucks Historic Market Size by Region
7.1.1 Asia-Pacific Heavy Trucks Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Heavy Trucks Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Heavy Trucks Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Heavy Trucks Forecasted Market Size by Region
7.2.1 Asia-Pacific Heavy Trucks Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Heavy Trucks Sales in Value by Region (2024-2029)
8 Latin America Heavy Trucks by Country
8.1 Latin America Heavy Trucks Historic Market Size by Country
8.1.1 Latin America Heavy Trucks Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Heavy Trucks Sales in Volume by Country (2018-2023)
8.1.3 Latin America Heavy Trucks Sales in Value by Country (2018-2023)
8.2 Latin America Heavy Trucks Forecasted Market Size by Country
8.2.1 Latin America Heavy Trucks Sales in Volume by Country (2024-2029)
8.2.2 Latin America Heavy Trucks Sales in Value by Country (2024-2029)
9 Middle East and Africa Heavy Trucks by Country
9.1 Middle East and Africa Heavy Trucks Historic Market Size by Country
9.1.1 Middle East and Africa Heavy Trucks Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Heavy Trucks Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Heavy Trucks Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Heavy Trucks Forecasted Market Size by Country
9.2.1 Middle East and Africa Heavy Trucks Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Heavy Trucks Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Daimler Trucks
10.1.1 Daimler Trucks Company Information
10.1.2 Daimler Trucks Introduction and Business Overview
10.1.3 Daimler Trucks Heavy Trucks Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Daimler Trucks Heavy Trucks Products Offered
10.1.5 Daimler Trucks Recent Development
10.2 MAN
10.2.1 MAN Company Information
10.2.2 MAN Introduction and Business Overview
10.2.3 MAN Heavy Trucks Sales, Revenue and Gross Margin (2018-2023)
10.2.4 MAN Heavy Trucks Products Offered
10.2.5 MAN Recent Development
10.3 PACCAR
10.3.1 PACCAR Company Information
10.3.2 PACCAR Introduction and Business Overview
10.3.3 PACCAR Heavy Trucks Sales, Revenue and Gross Margin (2018-2023)
10.3.4 PACCAR Heavy Trucks Products Offered
10.3.5 PACCAR Recent Development
10.4 Scania
10.4.1 Scania Company Information
10.4.2 Scania Introduction and Business Overview
10.4.3 Scania Heavy Trucks Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Scania Heavy Trucks Products Offered
10.4.5 Scania Recent Development
10.5 Volvo Trucks
10.5.1 Volvo Trucks Company Information
10.5.2 Volvo Trucks Introduction and Business Overview
10.5.3 Volvo Trucks Heavy Trucks Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Volvo Trucks Heavy Trucks Products Offered
10.5.5 Volvo Trucks Recent Development
10.6 Ashok Leyland
10.6.1 Ashok Leyland Company Information
10.6.2 Ashok Leyland Introduction and Business Overview
10.6.3 Ashok Leyland Heavy Trucks Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Ashok Leyland Heavy Trucks Products Offered
10.6.5 Ashok Leyland Recent Development
10.7 FAW Group Corporation
10.7.1 FAW Group Corporation Company Information
10.7.2 FAW Group Corporation Introduction and Business Overview
10.7.3 FAW Group Corporation Heavy Trucks Sales, Revenue and Gross Margin (2018-2023)
10.7.4 FAW Group Corporation Heavy Trucks Products Offered
10.7.5 FAW Group Corporation Recent Development
10.8 ISUZU MOTORS
10.8.1 ISUZU MOTORS Company Information
10.8.2 ISUZU MOTORS Introduction and Business Overview
10.8.3 ISUZU MOTORS Heavy Trucks Sales, Revenue and Gross Margin (2018-2023)
10.8.4 ISUZU MOTORS Heavy Trucks Products Offered
10.8.5 ISUZU MOTORS Recent Development
10.9 Iveco
10.9.1 Iveco Company Information
10.9.2 Iveco Introduction and Business Overview
10.9.3 Iveco Heavy Trucks Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Iveco Heavy Trucks Products Offered
10.9.5 Iveco Recent Development
10.10 Mack Trucks
10.10.1 Mack Trucks Company Information
10.10.2 Mack Trucks Introduction and Business Overview
10.10.3 Mack Trucks Heavy Trucks Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Mack Trucks Heavy Trucks Products Offered
10.10.5 Mack Trucks Recent Development
10.11 Scania
10.11.1 Scania Company Information
10.11.2 Scania Introduction and Business Overview
10.11.3 Scania Heavy Trucks Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Scania Heavy Trucks Products Offered
10.11.5 Scania Recent Development
10.12 Tata Motors
10.12.1 Tata Motors Company Information
10.12.2 Tata Motors Introduction and Business Overview
10.12.3 Tata Motors Heavy Trucks Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Tata Motors Heavy Trucks Products Offered
10.12.5 Tata Motors Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Heavy Trucks Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Heavy Trucks Industrial Chain Analysis
11.4 Heavy Trucks Market Dynamics
11.4.1 Heavy Trucks Industry Trends
11.4.2 Heavy Trucks Market Drivers
11.4.3 Heavy Trucks Market Challenges
11.4.4 Heavy Trucks Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Heavy Trucks Distributors
12.3 Heavy Trucks Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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