insightSLICE recently published a market research report on Heavy Duty Trucks which is based on intensive research methodologies and studies examining market status post corona virus outbreak.
Heavy duty trucks have specific technical requirements and have diversity of applications compared to that of passenger vehicles. With significant growth in mining and construction industry among the developing and developed nations, heavy duty trucks are experiencing steady demand. In May 2020, Volvo announced to launch range of electric heavy duty trucks in Europe starting in 2021. This would definitely give them an edge over their competitors. Moreover, manufacturers are also trying to collaborate with carriers to leverage the upcoming 5G network generation.
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Competitive Landscape
Some of the major players in the Heavy Duty Trucks market are Daimler Group, Tata Motors Limited, Dongfeng Motor Corporation , Navistar International Corp, Volvo Group, PACCAR Inc, MAN SE, Scania AB, IVECO S.p.A., and Hino Motors, Ltd.
Players in the Heavy Duty Trucks market are mainly concentrating on new product launches, acquisition, and collaboration to meet the growing demand for various end-use industries. New product launches help companies to strengthen their product portfolio and meet the specific demands of customers.
The report discusses key information about major growth drivers, restraints, opportunities, and trends observed in the global Heavy Duty Trucks market. Factors such as market projections, the supply-demand ratio, market size, market attractiveness, technological advances, and key segments have been studied in detail. The Heavy Duty Trucks market shares, product portfolios, and business strategies of the major market players have been revealed, along with authentic statistical data, figures, charts, and tables.
Segmentation Overview:
By Class Type:
- Class 7
- Class 8
- Class 9
By Fuel:
- Diesel
- Natural Gas
- Electric Vehicles
- Gasoline
By Application:
- Commercial
- Non-Commercial
Users can Expect Following From this Report:
- Impact of macro and microeconomic factors on the market: The author of report has included qualitative analysis to describe the factors impacting growth of market in a positive and negative way. Country level PESTLE analysis helps in knowing the future of market across prominent countries.
- COVID-19 impact: The global crisis has had implications on every industry. Our team of analysts has been incessantly monitoring the impact of COVID-19 on the market. There is a separate section included in the report to highlight the setbacks suffered during the crisis period.
- insightSLICE’s authentic industry forecast that are dependable for strategic decisions involving financial and marketing planning
- Industry Sectors to be Targeted: An elaborate explanation about what industry sector/s is anticipated to grow in near and long-term future. The findings are based on latest industry trends, reviews, strategic collaborations between industry players and first-hand experience of the ecosystem participants.
- Assess the market position of competitors, partners and clients via our Competitive Landscape Analysis. Strategies adopted by prominent and emerging market players, the synergies between channel partners, geographic performance of global and domestic players and similar pointers have been studied and described in this section.
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Why you should buy this report
- Benefit from the latest market opportunities
- Understand the threats to your operations and investments and protect your company against future risks
- Gain insight on emerging trends that could support, strengthen or disrupt your activities in the industry
- Get a full view of the competitive landscape to assess your market position
The Heavy Duty Trucks Report provides industry professionals and strategists, corporate analysts, associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the market.
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insightSLICE is a market intelligence and strategy consulting company. The company provides tailor-made and off the shelf market research studies. The prime focus of the company is on strategy consulting to provide end-to-end solutions.
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