World Medium & Heavy Truck Market Reviewed in New Noealt Corporate Services Report Available at MarketPublishers.com28 Aug 2015 • by Natalie Aster
LONDON – The global trucking industry is being driven by strong fundamentals and has sustainable, long-term growth drivers owing to the major role played by the transportation sector in economic growth and development from pole to pole. The industry keeps on recovering from the demand slump following the global economic crunch led by the strong economic revival underway in the USA whilst the top emerging markets such as China, Brazil and Russia face economic decline and a slew of sophisticated challenges.
The global market for medium & heavy trucks was estimated at close to USD 100 billion in 2014, and it is expected to grow at 3.1% CAGR through to 2024. The market has been on the road to recovery whilst battling a complex and difficult macroeconomic environment worldwide. Nevertheless, the considerable projected hike in sales volumes of medium & heavy trucks in emerging markets in the long run and the fast-paced expanding scope of technology development and integration are amid the major factors that will likely drive the industry’s growth and spearhead evolution of novel service and business models and also concepts in the offing.
New market research report “Global Medium & Heavy Truck Market - 2015-2024 - Market Dynamics, Competitive Landscape, OEM Strategies & Plans, Trends & Growth Opportunities, Strategic Outlook” developed by Noealt Corporate Services provides a comprehensive analysis and comprehensive insights into the world medium & heavy truck marketplace. The study analyses the current market size, driving factors and competitive scenario for medium & heavy trucks. It provides a detailed analysis on the 7 leading industry OEMs, comprising profiles and product portfolios, financials, SWOT analysis and key insights into the plans and strategies of the OEMs. The report projects how the market is set to develop over the medium term with an analysis of key market and technological trends, challenges and issues, market developments and potential growth opportunities. The research publication concludes with an analysis of the market evolution and forecasts of the demand for medium & heavy trucks in the coming decade.
Global Medium & Heavy Truck Market - 2015-2024 - Market Dynamics, Competitive Landscape, OEM Strategies & Plans, Trends & Growth Opportunities, Strategic Outlook
Published: August, 2015
Price: US$ 1,727.00
More new studies by the publisher can be found at Noealt Corporate Services page.