The past five years have been eventful for the Global Heavy Duty Truck Manufacturing industry. Governments across the globe have been imposing new regulations aimed at reducing truck emissions. When new standards are introduced, the price of trucks typically increases due to higher research and development costs to make truck emissions compliant. Truck buyers are aware of this trend, and when a change in legislation is announced, they tend to purchase trucks in anticipation of rising prices once the new law is implemented.
Companies in this industry manufacture truck and bus chassis and assemble trucks, buses and other special purpose heavy-duty motor vehicles for highway use, such as firefighting trucks. The trucks manufactured by this industry are heavy trucks used by freight companies and do not include passenger vehicles.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.