DUBLIN, June 9, 2023 /PRNewswire/ — The “Comparative SWOT & Strategy Focus – 2023-2027 – World’s Top 5 Medium & Heavy Truck Manufacturers” report has been added to ResearchAndMarkets.com’s offering.
The Global medium & heavy truck market registered a steady year in 2022 with the demand for new & used trucks outpacing supply across most key global markets with the exception of China.
The industry OEMs have been looking to increase production rates to meet surging demand levels, with the book-to-bill ratios staying around 1, while battling continued supply chain disruptions & constraints, component shortages, rising input costs and an increasingly uncertain global macroeconomic environment marked by inflation pressures, rising interest rates & tectonic geopolitical shifts. The trucking industry’s ongoing transition towards de-carbonization, led by the mass production of battery electric & hydrogen fuel cell based trucks, is the overarching theme and is likely to gain further momentum going forward.
Most key industry OEMs are now transitioning towards series production of Zero Emission Vehicles (ZEV) while also collaborating amongst each other and with domain specialists for development of the requisite ecosystem for transition towards sustainability. Additionally, automation, electrification and further evolution of connectivity based service models configured on digitalization remain key areas of focus for the truck manufacturers
The high average age of in-service truck fleets across most markets owing to production capacity constraints over the recent years, rapid energy transition towards de-carbonization and strong construction activity with continued infrastructure investments are likely to collectively provide significant growth opportunities to the industry over near to medium term in form of fleet replacements, expansion & recapitalizations, especially, in a volatile & uncertain crude oil price environment. That’s despite projections for the slowdown of the world economy over near term owing to market hadwinds, the ongoing war in Ukraine and rising inflation levels necessitating monetary policy tightening by Central Banks globally
Trucking, thus, is projected to maintain its overall cruising speed as well as growth momentum in 2023 across most markets with a year-on-year growth of up to 10% projected for traditional markets, i.e., North American Class 8 and EU30 market for heavy trucks, while the growth rate for emerging markets in Asia, led by China and India, is likely to be around 15%
Against this backdrop, the report provides comprehensive insights & strategic analysis into the World’s Top 5 Medium & Heavy Truck Manufacturers with focus on a blend of quantitative & qualitative analysis based on an assessment of their relative market positioning, capabilities, strategic responsiveness & resilience and the ability to adapt & navigate their way through market turbulence & effectively capitalize upon emerging, potential growth opportunities.
Company Coverage:
Daimler Truck AG
Volvo AB
Traton Group
PACCAR Inc.
Iveco S.p.A.
The report provides detailed analysis on the OEMs, including:
Comprehensive Analysis of Business Portfolio across Industry OEMs
Strategic Market Positioning, Capabilities and Responsiveness
Overarching Strategy Focus
Key Strategies & Plans for the Medium Term Horizon
Financial Strength, Capital Structure and Leverage
Detailed Comparative SWOT analysis on the Industry OEMs
The report also projects market evolution for the Global Medium & Heavy Truck over medium term with analysis of emerging market scenario, growth projections, key market & technology trends, issues & challenges and potential growth opportunities
Key Topics Covered:
Section – 1: Global Medium & Heavy Truck Market – Business Snapshot – Top 5 Industry OEMs
Founded
Headquartered
Business Segments
Product Portfolio
Revenue Base & Profitability
Market Capitalization
Key Executives
Shareholding/Ownership Structure
Section – 2: Financial Performance Analysis – Top 5 Industry OEMs
Revenue Base & Growth Trend
Revenues Split by Key Segments
Revenues Split by Key Geographic Markets & Regions
Gross Earnings & Margin Trend
Operating Earnings & Operating Margin Trend
Return on Sales Trend
Profitability Growth Trend
Cash Flow from Operations
R&D Expenditure Trend
CAPEX Trend
Order Intake & Truck Deliveries Trend
Section – 3: Comparative SWOT Analysis – Top 5 Industry OEMs
Section – 4: Comparative Analysis of Strengths – Top 5 Industry OEMs
Section – 5: Comparative Analysis of Weaknesses
Section – 6: Strategy Focus, Priorities and Key Strategies & Plans for Near to Medium Term – Top 5 Industry OEMs
Section – 7: Key Trends
Section – 8: Key Issues, Challenges and Risk Factors
Section – 9: Global Medium & Heavy Truck Market – Force Field Analysis – Analysis of Driving and Restraining Forces and their Overall Dynamics
Section – 10: Strategic Market Outlook through 2026
Analysis of Emerging Market Scenario
Demand Outlook and Growth Projections for the Global Medium & Heavy Truck Market through 2026
For more information about this report visit https://www.researchandmarkets.com/r/rqxd94
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SOURCE Research and Markets
