DUBLIN–(BUSINESS WIRE)–The “North American Class 6-8 Truck Market – 2021-2026 – Market Dynamics, Competitive Landscape, OEM Strategies & Plans, Trends & Growth Opportunities and Market Outlook – Daimler, Volvo, PACCAR, Navistar-Traton” report has been added to ResearchAndMarkets.com’s providing.
The registration of heavy vans in the U.S. plummeted in 2020 with a 26% year-on-year decline owing to pandemic & the subsequent imposition of lockdowns.
The Global Trucking business had been impacted considerably by the outbreak of COVID-19 in 2020 (with the clear exception of China), with declining volumes in addition to profitability throughout OEMs with restoration seen in the later a part of the 12 months, led, primarily by the unprecedented surge in e-commerce volumes.
Trucking has been pivotal to the United States Economy accounting for round 72% of the nation’s freight by weight and the development is probably going to be sustained over long run. However, trucking in North America has been extra of a tug of struggle between the continent’s aboriginal truck-makers and the European settlers with the latter, led by Daimler, dominating the present particularly in the Class 8 market.
Truck registrations in the U.S. have been recovering steadily since the second half of 2020 with the similar sustained in 2021 to this point led by ongoing financial restoration driving up freight volumes & charges. The similar has stimulated substitute demand throughout operators and is probably going to drive fleet enlargement in 2021. The close to time period view of the Class 6-8 market seems optimistic with an upward demand progress trajectory seemingly by means of 2022 following seemingly pursuit of fiscal intervention measures by nations & governments throughout most areas going ahead coupled with robust international financial restoration projections by the IMF for 2021 & 2022, led by the U.S.
The business additionally continues to make regular progress in the direction of growth of sustainable applied sciences geared in the direction of de-carbonization of transportation. The efforts have primarily been led by battery-electrical & gas cell applied sciences with the tipping level for electrical vans seemingly to come in type of the serial meeting of electrical vans throughout trucking behemoths, Daimler & Volvo, other than most different OEMs over close to time period.
The fast transfer in the direction of de-carbonization of transportation & transition in the direction of sustainability; together with Connectivity & Autonomous applied sciences; is collectively seemingly to drive important substitute demand over medium time period throughout most conventional markets whereas it has already led to a spike in M&A exercise, JVs & partnerships amongst main business gamers with the similar seemingly to see an extra uptick going ahead. Further, the sustained rise in international crude oil costs is probably going to give an extra stimulus to transition in the direction of alternate drivetrains throughout operators going ahead.
Further, the huge, $2 trillion infrastructure plan simply outlined by the Biden administration in early April 2021; geared in the direction of complete restore & rebuilding of roads, railroads, bridges & ports in the U.S.; may end up to be the a lot wanted shot in the arm for the on & off-freeway segments over medium time period with an outlay of $115 billion deliberate in the direction of restore of highways & bridges alone, if it will get accepted by the Congress.
However, managing provide aspect delays & disruptions, particularly for semi-conductor chips, owing to the pandemic and its unsure trajectory going ahead, can be essential to sustaining restoration over close to time period which is probably going to proceed effectively into 2022.
Relevance & Usefulness:
Strategic Planning, Assessment & Decision-Making Processes
Analysis of Near to Medium Term Strategy Focus and Key Strategies & Plans for all OEMs
Medium Term Market Outlook, Inputs on Market Evolution & Demand Growth
Identification of & Insights into Potential Growth Opportunities & Avenues
Development of Custom, Market-specific Strategies aligned with Emerging Growth Opportunities
Formulation, Development & Shaping of Growth Strategies in an Unpredictable Environment
Conceptualization, Development & Shaping of Product Platform Specific Strategies
Adjustment & Alignment of Overall Strategy Focus for OEMs & Key Industry Players throughout Value Chain
Key Topics Covered:
Part 1: Market Size, Segmentation & Competitive Landscape
Section 1: North American Class 6-8 Truck Market
Market Overview
Market Size
Market Segmentation
Key Drivers
Section 2: Competitive Landscape – North American Class 6-8 Truck Market – Market Share for Industry OEMs
Part 2: Analysis on Key Industry OEMs
Section 3: Key Industry OEMs – Snapshot & Product Portfolio
Daimler Trucks North America (DTNA)
Volvo Trucks North America
PACCAR Inc.
Navistar International Corporation – Traton
Section 4: Financial Performance Analysis – Key Industry OEMs
1. Revenue Base & Growth Trend
2. Revenues Split by Key Segments
3. Revenues Split by Key Geographic Markets & Regions
4. Gross Earnings & Margin Trend
5. Operating Earnings & Operating Margin Trend
6. Return on Sales Trend
7. Profitability Growth Trend
8. Cash Flow from Operations
9. R&D Expenditure Trend
10. CAPEX Trend
11. Order Intake & Truck Deliveries Trend
Section 5: OEM Strategies & Plans – Comprehensive Analysis of Strategies & Plans for Key Industry OEMs – Daimler, Volvo, PACCAR, Navistar
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 6: SWOT Analysis – On Key Industry OEMs
Part 3: Market & Technology Trends, Emerging Demand Scenario and Strategic Market Outlook by means of 2026
Section 7: Key Trends
Market Trends
Technology Trends
Section 8: Key Issues, Challenges & Risk Factors
Section 9: North American Class 6-8 Truck Market – Force Field Analysis – Analysis of Driving & Restraining Forces and their Overall Dynamics
Driving Forces
Restraining Forces
Section 10: Strategic Market Outlook by means of 2026
Analysis of Emerging Market Scenario
Demand Outlook & Growth Projections for Class 6-8 Truck Market by means of 2026
For extra details about this report go to https://www.researchandmarkets.com/r/x6ubgd
https://www.businesswire.com/news/home/20210810005849/en/North-American-Class-6-8-Truck-Market-Report-2021-2026-Cruising-in-Top-Gear-on-the-Freeway-to-Recovery—ResearchAndMarkets.com
