The global heavy duty trucks market is grow at a CAGR of +3.8% by the Forecast period from 2018-2027.

Trucks market can be classified as light, medium and heavy based on their dimensions and load capacity. Heavy duty trucks constitute an essential part of the trucking industry. Heavy duty truck 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. Heavy Duty Trucks Market research report provides an overall analysis of the market share, size, segmentation, revenue forecasts and geographic regions of the   Market along with industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost and revenue.

A new report as a Heavy Duty Trucks market that includes a comprehensive analysis of the global market. This includes investigating past progress, ongoing market scenarios, and future prospects. Accurate data on the products, strategies and market share of leading companies in this particular market are mentioned. This report provides a 360-degree overview of the global market’s competitive landscape. The report further predicts the size and valuation of the global Heavy Duty Trucks market during the forecast period.

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Top Key Players Covered in Heavy Duty Trucks Market:

AB Volvo, Fiat Chrysler Automobiles, Ford Motor Company, General Motors, Navistar, INC (INTERNATIONAL), Nissan, Paccar Inc. (Kenworth Trucks), Peterbilt, Tata Motors, TOYOTA MOTOR CORPORATION, Volkswagen (TRATON), Scania, Volvo, MAN Group, Daimler Trucks, IVECO, Ganja Auto Plant, Otokar, Dongfeng Trucks, SINOTRUK, FAW Group, and Foton Motor Group

Emerging countries such as India, Japan, France, and China are the primary targets of the heavy duty trucks market. Increasing demand for the commodities, increasing losses, and changing practices and storage technologies are some of the major driving factors for this market. Additionally, restraints are also mentioned to give a clear picture of risks that can limit the growth of the businesses.

The trucks are divided into light duty, medium duty and heavy duty classifications, depending on their weight. When a heavy-duty truck is towing a trailer, it can have a combined gross weight of 80,000 lb (36,360 kg) or more. The tractor is coupled to the trailer through a pivot point, known as the fifth wheel, which is mounted on the top of the tractor frame. Most large platforms on roads are tractors that pull trailers.

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Heavy Duty Trucks Market Segmentation:

Market Segmentation by Class: Class 7 (Between 26,001 and 33,000 Lb.), Class 8 (33,001Lb and Higher

Market Segmentation by Fuel: Diesel, Natural Gas, Hybrid Electric Vehicles, Gasoline

Market Segmentation by Application: Logistics, Mining, Construction, Agriculture

To conclude with, the report seamlessly combines the data into an integrated study that understands the importance of awareness about the intermingling factors involved in the heavy duty trucks market. It gives a comprehensive description to the reader about the benefits and drawbacks of the current market scenario. It also gives statistics regarding the upcoming trends and financial as well as the socio-economic aspects affecting the industry.

In This Study, The Years Considered To Estimate The Size Of Heavy Duty Trucks Market Are As Follows:
  • History Year: 2015-2018
  • Base Year: 2018
  • Estimated Year: 2019
  • Forecast Year 2019 to 2027