DUBLIN, June 10, 2022 /PRNewswire/ — The “Annual Strategy Dossier – 2022 – North America’s Top 4 Class 6-8 Truck Manufacturers – Daimler Trucks North America (DTNA), Volvo Trucks North America, PACCAR & Navistar – Strategy Focus, Key Strategies & Plans, SWOT, Trends & Growth Opportunities, Market Outlook” company profile has been added to ResearchAndMarkets.com’s offering.
The North American Class 6-8 Truck market has been cruising in top gear with booming order intake, freight volumes & rates and robust fleet utilization levels while facing modest headwinds in form of supply chain disruptions & bottlenecks, rising material costs & semi-conductor chip shortages.
The North American Class 6-8 Truck market has been recovering steadily from the COVID-19 outbreak while cruising in top gear with booming order intake, freight volumes & rates and robust fleet utilization levels across operators which have reached pre-COVID-19 levels while facing modest headwinds in form of continued challenges from the COVID-19 pandemic marked by supply chain disruptions & bottlenecks, labor shortages, rising material costs, limited freight capacity & semi-conductor chip shortages which continue to impede the pace of overall recovery momentum
The industry continues to make steady progress towards development of a range of sustainable technologies geared towards de-carbonization of transportation over long term while continuing the development of innovative services & business models configured on connectivity & autonomy. The efforts have primarily been led by electrification, focused on both battery electric & hybrid technologies, with the tipping point for electric trucks coming in 2022 with mass production & commercial deliveries of electric trucks commencing across industry OEMs.
Additionally, mass market production, introduction & adoption of hydrogen powered trucks, featuring hydrogen fuel cell based propulsion systems & the usage of hydrogen as a fuel in conventional ICE engines, is likely in the 2030s. Further, the outlining of Phase 2 emission standards by the EPA & NHTSA for medium & heavy duty vehicles through model year 2027 and roll out of the 3rd generation of DOE’s SuperTruck program are likely to further accelerate the pace of development & transition to sustainable propulsion systems & technologies across the United States going forward
The rapid energy transition towards de-carbonization & sustainability, continued infrastructure investments, especially, the recent passing of the $1.2 trillion infrastructure Investment & Jobs Act in the U.S. with continued strength in the residential construction sector marked by robust housing starts, strong demand from the commodities segment apart from the ongoing e-commerce boom 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 crude oil price environment.
That’s despite projections for the slowdown of the U.S. & global economic recovery over near term owing to uncertainty over the likely direction of the pandemic and rising inflation levels necessitating monetary policy tightening by the Fed. Overall, Trucking in North America is projected to maintain its cruising speed as well as overall growth momentum in 2022
Against this backdrop, the 2022 edition of the report analyses the overall strategy focus and provides insights into & comprehensive analysis of the Strategies & Plans being conceptualized & pursued by the North America’s Top 4 Class 6-8 truck manufacturers for the near to medium term horizon
Report Excerpts:
Analysis of DTNA’s ambitious plan to boost profitability of North American operations to 12% by 2025
Decryption of Daimler’s medium term technology strategy underpinned by rapid transition to sustainable & autonomous technologies marked by significant R&D investments
Volvo making deeper inroads into the North American market, treating it as a key growth pivot for medium term, with a two-pronged product offensive under its Volvo & Mack brands, rapid electrification of Class 6-8 truck portfolio and introduction of new truck models
PACCAR’s rapid strides on the technology development pathway with focus on electrification, hydrogen-based propulsion & autonomous technologies powered by industry collaborations
Navistar’s 4.0 Strategy focused on boosting profitability with a target EBITDA of 12% for 2024 while gaining market share through new product offerings and customer segmentation
Class 6-8 Trucking projected to maintain its cruising speed & overall growth momentum in 2022 with strong drivers, indicators & fundamentals
Supply Chain disruptions, continued semi-conductor chip shortages, pandemic’s likely direction & inflationary pressures across key markets could become potential speed humps on the industry’s recovery momentum over near term
Relevance and Usefulness:
Strategic Planning & Decision-Making process
Analysis of Near to Medium Term Strategy Focus and Key Strategies & Plans
Identification of & Insights into Potential Growth Opportunities & Avenues
Market Evolution & Demand Growth Projections
Analysis of Key Industry Trends, Issues & Challenges, Risk Factors & Market Outlook for 2022
Key Topics Covered:
Section 1: Business Snapshot & Overview – North America’s Top 4 Class 6-8 Truck Manufacturers
Founded
Headquartered
Business Segments
Product Portfolio
Revenue Base
Market Capitalization
Key Executives
Shareholding/Ownership Structure
Section 2: Financial Performance Analysis – Top 4 Class 6-8 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
Section 3: Strategy Focus – Across Top 4 Industry OEMs
Section 4: Key Strategies & Plans – Comprehensive Analysis of Strategies & Plans for the Industry OEMs – Analysis Coverage
Product Portfolio Strategies & Plans
Market Specific Strategies & Plans
R&D Strategies & Plans
Growth Strategies & Plans
Business and Corporate Strategies & Plans
Sales & Marketing Strategies & Plans
Production/Manufacturing Strategies & Plans
Financial Strategies & Plans
Acquisitions, Strategic Alliances & JVs
Other Strategies & Strategic Initiatives
Section 5: SWOT Analysis
Strengths to be Leveraged
Weaknesses to be worked on
Opportunities to be capitalized upon
Threats to be negated & mitigated
Section 6: Key Trends
Industry Trends
Market Trends
Technology Trends
Section 7: Key Issues, Challenges and Risk Factors
Section 8: Global Medium & Heavy Truck Market – Force Field Analysis – Analysis of Driving and Restraining Forces and their Overall Dynamics
Driving Forces
Restraining Forces
Section 9: Strategic Market Outlook
Analysis of Emerging Market Scenario
Demand Outlook for 2022
Growth Projections for the North American & Global Medium & Heavy Truck Market
Insights into Potential Growth Opportunities
For more information about this company profile visit https://www.researchandmarkets.com/r/bxfz56
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