The Global Heavy-Duty Truck Manufacturing industry has experienced an eventful five years to 2018, with multiple years of decline. Governments across the globe have been imposing new regulations aimed at reducing truck emissions. When new standards are introduced, truck prices typically increase due to higher research and development costs to make truck emissions compliant. Truck buyers are aware of this trend, and when legislation change is announced, they tend to purchase vehicles in anticipation of rising prices once the new law is implemented. As a result, industry revenue is expected to decrease over the five years to 2018...purchase to read more.

Industry Statistics & Market Size
Annual Growth 13-18
Forecast Growth 18-23

Industry Report - Industry Locations Chapter

North Asia produces the highest share of vehicles in countries such as China, Japan and South Korea. More than 80.0% of the region's production is from China, while North Asia accounts for 64.4% of global heavy-duty truck production. While the Chinese economy has experienced a recent slowdown, it was on an accelerated industrial path in the early part of the five-year period and therefore, demand for mid-size and heavy trucks and buses grew.Road freight activity in North America is the largest in the world and is increasing in light of recovering economies and trade flows. However, within North America, production has been shifting from the United States and Canada to Mexico and Latin America. Thi...purchase to read more.

Additional Insights for the Global Heavy-Duty Truck Manufacturing Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Global Heavy-Duty Truck Manufacturing Industry are

  • Effective cost controls
  • Use of most efficient work practices
  • Access to the latest available and most efficient technology and techniques
  • IBISWorld analysts also discuss how external factors such as Global per capita income and GDP of the BRIC nations in the Global Heavy-Duty Truck Manufacturing industry impact industry performance..

    shopping_cartPURCHASE OPTIONS

    What's in this report

    What is the Global Heavy-Duty Truck Manufacturing Industry?

    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.

    Industry Products
  • Buses, firefighting trucks and other vehicles
  • Heavy-duty diesel trucks
  • Heavy-duty gasoline trucks
  • Special-purpose trucks
  • Industry Activities
  • Manufacturing heavy-duty truck chassis
  • Assembling complete heavy-duty trucks
  • Assembling complete buses
  • Assembling other complete special-purpose heavy-duty motor vehicles for highway use
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Global per capita income
  • GDP of the BRIC nations
  • Regulation for the Global Heavy-Duty Truck Manufacturing industry
  • World price of crude oil
  • Industrial production index of OECD countries

  • Current Performance
    Volatile oil pricesSluggish performanceMergers and competition
  • Chart: Revenue Growth

  • Industry Outlook
    Questionable future for BRIC nationsGlobal driversFuel efficiency
  • Table: Global Heavy-Duty Truck Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Global Heavy-Duty Truck Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Global Logistics - Road Transport
  • Other Global Transport
  • Global Public Administration and Defense

  • Key Selling Industries
  • Global Auto Parts & Accessories Manufacturing
  • Global Automobile Engine & Parts Manufacturing
  • Global Iron and Steel Mills
  • Global Tire Manufacturing

  • Products & Services
  • Heavy-duty gasoline trucks
  • Heavy-duty diesel trucks
  • Buses, firefighting trucks and other vehicles
  • Special-purpose trucks
  • Chart: Global Heavy-Duty Truck Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Short-distance freight operators
  • Long-distance freight operators
  • Public transit
  • Militaries
  • Local governments
  • Education sector
  • Chart: Major Market Segmentation for the Global Heavy-Duty Truck Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Depreciation and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Global Heavy-Duty Truck Manufacturing

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Global Heavy-Duty Truck Manufacturing Industry

  • Industry Globalization
    Daimler AG, AB Volvo, PACCAR Inc,
  • Table: Daimler AG - financial performance
  • Table: AB Volvo - financial performance
  • Table: PACCAR Inc - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Global Heavy-Duty Truck Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Global Heavy-Duty Truck Manufacturing Industry
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Exports (2009-2023)
  • Imports (2009-2023)
  • Wages (2009-2023)
  • Production Volume (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
  • Brazil, Russia, India and China
  • Cabs
  • Truck cabins where the driver sits. Some trucks also have sleeper cabins, which include a rest area for drivers.
  • Chassis
  • The main structure (frame) of a vehicle.
  • Class 8 Trucks
  • Trucks that have a gross weight of more than 30,000 lbs.
  • Heavy-Duty Truck
  • Trucks that are used to carry freight. They cannot be used as passenger vehicles, and generally require a special license to be driven.
  • Hybrid Trucks
  • Usually refers to electric-hybrids, which run on an electric battery and a diesel engine. They are more fuel-efficient than a standard truck.
  • Pre-Buy Activity
  • Higher-than-average purchasing that occurs prior to the implementation of new legislation, to avoid the price hike that goes with new emissions standards.
  • What Our Customers Say

    Why buy this report?

    The global economy presents its own set of opportunities and threats for businesses in a range of industries. IBISWorld’s Global Heavy-Duty Truck Manufacturing global market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies globally and offers strategic industry analysis of the key factors influencing the market.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Global Heavy-Duty Truck Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Global Heavy-Duty Truck Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Global Heavy-Duty Truck Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Contact Us

    Want to speak to a representative? Call us.