Friday, March 20, 2020

Commercial Vehicles (Trucks) Market: In-Depth Market Research and Trends Analysis till 2030

By Type (Shallow AUVs, Medium AUVs, and Large AUVs), By Technology (Collision Avoidance, Communication, Navigation, Propulsion), By Application (Military & Defence, Oil & Gas, Environmental Protection and Monitoring, Oceanography, Archaeological and Exploration), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)

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Commercial vehicles are used for transporting goods, people or providing a service and are the backbone of every economy. Rising manufacturing industry coupled with growing spending on construction and industrial sector is major factors driving growth of the global commercial vehicles market. In addition, growing travel & tourism sector across the globe is expected to boost revenue growth of global commercial vehicles market. According to data published by Institution of Civil Engineers- the volume of construction output will grow by 85% to US$15.5 trillion worldwide by 2030, with three countries – China, US and India – leading the way and accounting for 57% of all global growth. Moreover, the launch of semi-autonomous electric vehicles and commercial vehicles is anticipated to propel revenue growth of the target market. Currently, the heavy-duty commercial vehicles segment holds the highest share out of all the segments. Heavy-duty commercial vehicles demand is likely to increase in the coming years, owing to rising construction, mining, tourism, and logistics activities, worldwide........READ MORE

The report expected to answer various target market related questions and offers insights on:

  • Definition, description, overview of market growth influencing factors, and forecast for the target market
  • Scope for related market in the forecast period
  • Analysis and outcome for the global commercial vehicles (trucks)  market by segment and region followed by countries
  • Market segmentation, dominating segment and region followed by country along with market value, share, Y-o-Y growth, CAGR, forecast, and contribution in the market
  • Key market player profiles, their recent developments, strategies, financial details, key competencies, presence by region, and product portfolio
  • Valuable insights, data, and forecast that can be referenced to plan business strategies, to tap market opportunities, understand business related risks, derive business goals, to recognize trends, and understand target customers/end users
  • Insights on recent technologies, pipeline products, regulations related with target market, market investment, and offers insights on political and economic factors that may influence market growth
  • PEST Analysis, PORTER’s five forces analysis, opportunity map analysis, drivers and restraints impact analysis, and market attractiveness index

Key players in the global commercial vehicles (trucks) market include:


  • Daimler AG
  • Scania AB
  • Paccar, Inc.
  • MAN SE
  • Navistar International Corp.
  • Hino Motors, Ltd.
  • Isuzu Motors Ltd.
  • Dongfeng Motor Corporation
  • FAW Group Corporation
  • Toyota Motor Corporation

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Prophecy Market Insights
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