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 focuses on industry performance in key regions around the world and identifies the leading companies globally.


Market Share of Companies
Daimler $x.xlock
PACCAR $x.xlock
Volvo $x.xlock
Industry Statistics & Market Size
Annual Growth
2012 - 2017
Annual Growth
2017 - 2022
Employment ('000)

Industry Threats & Opportunities

  • Demand for special purpose trucks will be higher in emerging economies than in mature economies
  • Industry Analysis & Industry Trends

    The Global Heavy Duty Truck Manufacturing industry has experienced an eventful five years to 2017. Governments across the globe have been imposing new regulations aimed at reducing truck emissions, which can affect research and development costs for the industry. Truck manufacturers also experienced volatile prices of oil and steel. As a result, industry revenue is expected to decrease over the five years to 2017. Over the five years to 2022, production in emerging economies is anticipated to grow in line with the recovering global economy, which will lead to a rise in global demand for trucks. However, governments will continue to introduce more stringent emissions regulations, which may ultimately affect demand and subdue the industry's growth potential...

    Industry Products

    Heavy duty trucks

    The heavy duty truck segment (gasoline and diesel) generates the majority of industry revenue, and is the most sensitive to economic fluctuations because it is closely tied to trade flows. As a result, the global economic recovery lifted demand for heavy duty trucks due to rising domestic and international freight. The story is slightly different in emerging countries; medium duty trucks are becoming less popular in these economies as governments expand investment on infrastructure to accommodate heavy trucks and buses.

    As the global economy continues to recover, national highways will continue to be developed and the popularity of heavy duty trucks will increase. Ove..

    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..

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    Industry Products

    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

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    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 prices
  • Sluggish performance
  • Mergers and competition
  • Chart: Revenue Growth

  • Industry Outlook
  • Questionable future for BRIC nations
  • Global drivers
  • Fuel 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

  • Products & Markets
    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 diesel trucks
  • Heavy duty gasoline 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
  • Long-distance freight operators
  • Short-distance freight operators
  • Bus operators
  • Militaries
  • Local governments
  • Chart: Major Market Segmentation for the Global Heavy Duty Truck Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    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
    Major Companies
    Daimler AGAB VolvoPACCAR Inc
  • Table: Daimler AG - financial performance
  • Table: AB Volvo - financial performance
  • Table: PACCAR Inc - financial performance

  • Operating Conditions
    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
    Key Statistics
    Table: Industry Data for the Global Heavy Duty Truck Manufacturing Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Production Volume (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
  • 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, in order to avoid the price hike that goes with new emissions standards.
  • Why buy this report?

    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.

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