The Heavy-Duty Trucks Market in Europe 2019-2023; Dominated by AB Volvo, CNH Industrial, Daimler, Navistar, PACCAR and Volkswagen - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 29, 2019--The “Heavy-duty Trucks Market in Europe 2019-2023” report has been added to ResearchAndMarkets.com’s offering.
The heavy-duty trucks market in Europe will register a CAGR of about 3% by 2023.
Adoption of autonomous technologies in HD trucks to drive growth in the market
Electrification of vehicles has always complemented the technological advancement of autonomous vehicles. This is mainly because many technologies are commonly used in both the EVs and autonomous vehicles. For instance, unlike conventional HD trucks, electric HD trucks are lighter and easy to control using autonomous technology due to a limited number of moving parts.
Increasing demand for HD trucks in Eastern Europe
Eastern Europe is expected to account for a significant portion of the adoption of HD trucks in Europe during the forecast period. Factors such as the increase in manufacturing activities and improvement in road infrastructure are driving the demand for HD trucks in Eastern European countries.
High cost associated with HD trucks
The HD truck manufacturing is a capital-intensive process for truck manufacturers. Components such as braking systems, suspension systems, and hauling and steering cylinders require a high level of precision during the manufacturing process, which increases the manufacturing costs. An increase in the price of the raw materials has resulted in a subsequent increase in the manufacturing cost of trucks.
Key PlayersAB Volvo CNH Industrial Daimler Navistar PACCAR Volkswagen
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY TYPEComparison by type HD trucks from 3.5 to 16 tonnes - Market size and forecast 2018-2023 HD trucks over 16 tonnes - Market size and forecast 2018-2023 Market opportunity by type
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPEGeographic comparison Germany - Market size and forecast 2018-2023 France - Market size and forecast 2018-2023 Rest of Europe - Market size and forecast 2018-2023 Key leading countries Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSISVendors covered Vendor classification Market positioning of vendors AB Volvo CNH Industrial Daimler Navistar PACCAR Volkswagen
For more information about this report visit https://www.researchandmarkets.com/research/hg9fg6/the_heavyduty?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190129005668/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
INDUSTRY KEYWORD: TRANSPORT TRUCKING MANUFACTURING AUTOMOTIVE MANUFACTURING AUTOMOTIVE FLEET MANAGEMENT
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 01/29/2019 10:58 AM/DISC: 01/29/2019 10:58 AM