Global Heavy Duty (HD) Truck Market Report: 2014 Edition
Heavy duty trucks constitute an essential part of trucking industry. The trucking industry provides a vital service to the economy by transporting large quantities of goods. Heavy duty trucks throughout the world are responsible for the majority of freight movement over land and are vital tools in the construction, manufacturing, transportation and warehousing industries. Major truck manufacturing companies are focusing on the emerging markets. With booming economies and low penetration rates, emerging markets are the key source of growth for global heavy duty truck industry. The largest heavy duty truck market is China, followed by North America. In terms of registrations, China is growing more rapidly in comparison with North America. Brazil is the fastest growing market in the world. The key factors driving growth of global heavy duty truck industry include escalating freight volume, rising global construction expenditure, increasing urban population and accelerating global income. Some of the noteworthy trends and developments of this industry are the booming emerging market, increasing shortage of drivers and increasing preference of trucks over railways for logistics. However, the growth of heavy duty truck industry is hindered by the strict emission standard compliance imposed on manufacturers and economic and market conditions.The present report offers a comprehensive analysis of the worldwide heavy duty truck market along with the study of regional markets including North America, Europe, Brazil, Russia and Asia. The competition in the respective market is intense with few large players viz. Daimler, Volvo, PACCAR and Isuzu. In addition, the competitive landscape in North America, Europe and Asia along with the company profiles of the leading players in the market is discussed in detail.By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.
1. OVERVIEW
1.1 Classification of Trucks1.2 Types of Trucks by Design1.3 Classification of Heavy Duty Trucks by Weight Class1.4 Classification of Heavy Duty Truck by Type
2. HEAVY DUTY TRUCK MARKET ANALYSIS
2.1 Global Market Market Volume Regional Breakdown2.2 North America Market Volume Regional Breakdown Class 8 Truck Orders2.3 Europe Market Volume 2.3.1 Western Europe Market Volume Regional Breakdown 2.3.2 Eastern Europe Market Volume Regional Breakdown2.4 Asia 2.4.1 China Market Volume Market Segments Export Volume2.5 Brazil Market Volume2.6 Russia Market Volume
3. MARKET DYNAMICS
3.1 Growth Drivers 3.1.1 Construction Spending 3.1.2 Escalating Road Freight 3.1.3 Rising Urbanization 3.1.4 Economic Development3.2 Market Trends 3.2.1 Booming Emerging Markets 3.2.2 Increasing Preference of Trucks over Railways 3.2.3 Shortage of Drivers3.3 Challenges and Issues 3.3.1 Economic Condition 3.3.2 Regulations
4. COMPETITIVE LANDSCAPE
4.1 Global Market Share by Volume Market Share by Value4.2 North America United States Canada Mexico4.3 Europe Market Share Order Growth Comparison 4.3.1 Western Europe Market Share4.4 Asia Local Companies Comparison Foreign Companies Comparison 4.4.1 China Market Share Sales Growth Comparison
5. COMPANY PROFILES
5.1 Daimler Group 5.1.1 Business Overview 5.1.2 Financial Overview 5.1.3 Business Strategies Expanding Product Portfolio Widening its Global Footprint5.2 Volvo Group 5.2.1 Business Overview 5.2.2 Financial Overview 5.2.3 Business Strategies Focus on Asian Market Expansion through Alliances & Acquisitions5.3 PACCAR Inc 5.3.1 Business Overview 5.3.2 Financial Overview 5.3.3 Business Strategies Expansion through New Plants Expansion through Product Innovation5.4 Isuzu 5.4.1 Business Overview 5.4.2 Financial Overview 5.4.3 Business Strategies Growth through Strategic Alliances Rising Production Capacity
6. MARKET OUTLOOK
6.1 Market Forecast6.2 Forecasting Methodology 6.2.1 Dependent and Independent Variables 6.2.2 Correlation Analysis 6.2.3 Regression Analysis
1.1 Classification of Trucks1.2 Types of Trucks by Design1.3 Classification of Heavy Duty Trucks by Weight Class1.4 Classification of Heavy Duty Truck by Type
2. HEAVY DUTY TRUCK MARKET ANALYSIS
2.1 Global Market Market Volume Regional Breakdown2.2 North America Market Volume Regional Breakdown Class 8 Truck Orders2.3 Europe Market Volume 2.3.1 Western Europe Market Volume Regional Breakdown 2.3.2 Eastern Europe Market Volume Regional Breakdown2.4 Asia 2.4.1 China Market Volume Market Segments Export Volume2.5 Brazil Market Volume2.6 Russia Market Volume
3. MARKET DYNAMICS
3.1 Growth Drivers 3.1.1 Construction Spending 3.1.2 Escalating Road Freight 3.1.3 Rising Urbanization 3.1.4 Economic Development3.2 Market Trends 3.2.1 Booming Emerging Markets 3.2.2 Increasing Preference of Trucks over Railways 3.2.3 Shortage of Drivers3.3 Challenges and Issues 3.3.1 Economic Condition 3.3.2 Regulations
4. COMPETITIVE LANDSCAPE
4.1 Global Market Share by Volume Market Share by Value4.2 North America United States Canada Mexico4.3 Europe Market Share Order Growth Comparison 4.3.1 Western Europe Market Share4.4 Asia Local Companies Comparison Foreign Companies Comparison 4.4.1 China Market Share Sales Growth Comparison
5. COMPANY PROFILES
5.1 Daimler Group 5.1.1 Business Overview 5.1.2 Financial Overview 5.1.3 Business Strategies Expanding Product Portfolio Widening its Global Footprint5.2 Volvo Group 5.2.1 Business Overview 5.2.2 Financial Overview 5.2.3 Business Strategies Focus on Asian Market Expansion through Alliances & Acquisitions5.3 PACCAR Inc 5.3.1 Business Overview 5.3.2 Financial Overview 5.3.3 Business Strategies Expansion through New Plants Expansion through Product Innovation5.4 Isuzu 5.4.1 Business Overview 5.4.2 Financial Overview 5.4.3 Business Strategies Growth through Strategic Alliances Rising Production Capacity
6. MARKET OUTLOOK
6.1 Market Forecast6.2 Forecasting Methodology 6.2.1 Dependent and Independent Variables 6.2.2 Correlation Analysis 6.2.3 Regression Analysis
LIST OF CHARTS
Types of Heavy Duty TrucksGlobal Heavy Duty Truck Registrations by Volume (2007-2013)Global Truck Sales by Volume (2010-2018E)Heavy Truck Market Share by Value (2013)Global Heavy Duty Truck Registration by Region (2013)North America Heavy Duty Truck Production (2009-2017E)North America Heavy Duty Truck Share by Country (2012)North American Class 8 Orders (2006-2014E)The US Class 8 Sales (2009-2017E)European Heavy Duty Truck Registration (2006-2014E)Western Europe Heavy Duty Truck Registration (2007-2014E)Western Europe Monthly Heavy Duty Truck Registration (Jan09–Jan14)Western European Heavy Duty Truck Market Share by Country (February 2014)Eastern Europe Heavy Duty Truck Registration (2007-2014E)Central & Eastern Europe Monthly Heavy Duty Truck Registration (Jan09–Jan14)Eastern European Heavy Truck Market Share by Country (February 2014)China’s Heavy Duty Truck Sales and Annual Growth (2007-2013)China’s Truck Sales by Type by Volume (2013)China’s Heavy Duty Truck Monthly Unit Sales (Jan2010-Feb2014)Heavy Duty Sales Classification in China (Feb-2014)China’s Heavy Duty Truck Export Sales (2007-H113)Brazilian Heavy Duty Truck Production (2007-2013)Brazilian Heavy Duty Truck Registration (2007-2013)Brazilian Truck Production by Category (2013)Russian Heavy Duty Truck Sales by Volume (2006-2012)Global Construction Spending (2006-2013)Global Freight Volume (2008-2013)Global Urban Population (2006-2012)Global GDP (2005-2012)Global Truck Production by Company (2012)Global Market Share by Volume and by Value (2013)North American Heavy Duty Truck Market by Company (2013)North American Class 8 Market by Company by Sales (2012)The US Class 8 Market by Company (2013)Canadian Class 8 Market by Company (2013)Mexican Class 8 Market by Company (2013)EU-27 Heavy Duty Market Share of Companies by Registration (2012)European Truck Order Growth Trends by Company (Q111-Q413)Western Europe Heavy Duty Truck Market by Company (2012)China’s Heavy Duty Truck Sales by Company (Feb-2014)Heavy Duty Truck Sales and Annual Growth in China by Company (Feb-2014)China’s Heavy Duty Truck Market Share by Company (2012-2013)Daimler Group’s Revenue Breakdown by Segment (2013)Daimler Group’s Revenue and Net Income (2007-2013)Volvo Group’s Revenue Share by Company (2013)Volvo Group’s Revenue Share by Region (2013)Volvo Group’s Revenue and Net Income (2007-2013)PACCAR’s Revenue Breakdown by Division (2013)PACCAR’s Revenue and Net Income (2007-2013)Isuzu’s Revenue and Net Income (2009-2013)Global Heavy Duty Truck Registrations (2010-2017F)
Types of Heavy Duty TrucksGlobal Heavy Duty Truck Registrations by Volume (2007-2013)Global Truck Sales by Volume (2010-2018E)Heavy Truck Market Share by Value (2013)Global Heavy Duty Truck Registration by Region (2013)North America Heavy Duty Truck Production (2009-2017E)North America Heavy Duty Truck Share by Country (2012)North American Class 8 Orders (2006-2014E)The US Class 8 Sales (2009-2017E)European Heavy Duty Truck Registration (2006-2014E)Western Europe Heavy Duty Truck Registration (2007-2014E)Western Europe Monthly Heavy Duty Truck Registration (Jan09–Jan14)Western European Heavy Duty Truck Market Share by Country (February 2014)Eastern Europe Heavy Duty Truck Registration (2007-2014E)Central & Eastern Europe Monthly Heavy Duty Truck Registration (Jan09–Jan14)Eastern European Heavy Truck Market Share by Country (February 2014)China’s Heavy Duty Truck Sales and Annual Growth (2007-2013)China’s Truck Sales by Type by Volume (2013)China’s Heavy Duty Truck Monthly Unit Sales (Jan2010-Feb2014)Heavy Duty Sales Classification in China (Feb-2014)China’s Heavy Duty Truck Export Sales (2007-H113)Brazilian Heavy Duty Truck Production (2007-2013)Brazilian Heavy Duty Truck Registration (2007-2013)Brazilian Truck Production by Category (2013)Russian Heavy Duty Truck Sales by Volume (2006-2012)Global Construction Spending (2006-2013)Global Freight Volume (2008-2013)Global Urban Population (2006-2012)Global GDP (2005-2012)Global Truck Production by Company (2012)Global Market Share by Volume and by Value (2013)North American Heavy Duty Truck Market by Company (2013)North American Class 8 Market by Company by Sales (2012)The US Class 8 Market by Company (2013)Canadian Class 8 Market by Company (2013)Mexican Class 8 Market by Company (2013)EU-27 Heavy Duty Market Share of Companies by Registration (2012)European Truck Order Growth Trends by Company (Q111-Q413)Western Europe Heavy Duty Truck Market by Company (2012)China’s Heavy Duty Truck Sales by Company (Feb-2014)Heavy Duty Truck Sales and Annual Growth in China by Company (Feb-2014)China’s Heavy Duty Truck Market Share by Company (2012-2013)Daimler Group’s Revenue Breakdown by Segment (2013)Daimler Group’s Revenue and Net Income (2007-2013)Volvo Group’s Revenue Share by Company (2013)Volvo Group’s Revenue Share by Region (2013)Volvo Group’s Revenue and Net Income (2007-2013)PACCAR’s Revenue Breakdown by Division (2013)PACCAR’s Revenue and Net Income (2007-2013)Isuzu’s Revenue and Net Income (2009-2013)Global Heavy Duty Truck Registrations (2010-2017F)
LIST OF TABLES
Types of TrucksQualitative Comparison of Conventional vs. Cab-over Truck DesignsDrivers of North American Heavy Duty Truck MarketNorth America Class 8 Trucks Quarterly Orders (2006-2012)Major Local Truck Companies in Asian MarketMajor Foreign Players in AsiaDependent & Independent Variables (2008–2013)Correlation MatrixModel Summary – Coefficient of DeterminationRegression Coefficients Output
Types of TrucksQualitative Comparison of Conventional vs. Cab-over Truck DesignsDrivers of North American Heavy Duty Truck MarketNorth America Class 8 Trucks Quarterly Orders (2006-2012)Major Local Truck Companies in Asian MarketMajor Foreign Players in AsiaDependent & Independent Variables (2008–2013)Correlation MatrixModel Summary – Coefficient of DeterminationRegression Coefficients Output
