Insights into the Truck Market in North America to 2025 – Competitive Developments Such as Expansions, New Product Launches and Mergers & Acquisitions – ResearchAndMarkets.com

April 14, 2020

DUBLIN–(BUSINESS WIRE)–The “North America Truck Market, By Class Type (Class 4, Class 5, Class 6, Class 7, Class 8), By Fuel Type (Diesel, CNG, Others) By Application Type (Logistics, Construction, Mining), By Country, Competition Forecast & Opportunities, 2015 – 2025F” report has been added to ResearchAndMarkets.com’s offering.

The North American Truck Market is forecast to witness a CAGR of around 14% during 2020 – 2025 on account of anticipated growth in construction, mining and logistic activities across the region. Apart from increase in construction activities to develop and strengthen infrastructure, trucks are being increasing used in carrying the extracted materials from mining like coal, metal, etc., with most of the heavy trucks like class 8 being used to transport automobiles.

The North American Truck Market is segmented based on class type, fuel type, application type, by country and by company. Based on class type, the market can be bifurcated into class 4, class 5, class 6, class 7, class 8, of which class 8 is expected to grow at the fastest pace as class 8 trucks are being used to carry heavy loads like automobile transportation, heavy construction loads, etc.

Based on fuel type, the market can be segmented into diesel, CNG, others. The diesel segment accounts for the largest share as diesel engines deliver higher power and torque even when equipped with heavy loads. Major players operating in the North America Truck Market are International, Kenworth, Hino, Volvo, Freightliner, Paccar, Ford and Isuzu.

Objective of the Study:

To analyze and forecast the market size of the North America Truck Market.
To classify and forecast the North America Truck Market based on class type, fuel type, application type, country and by company.
To identify drivers and challenges for the North America Truck Market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the North America Truck Market.
To conduct pricing analysis of the North America Truck Market.
To identify and analyze the profile of leading players operating in the North America Truck Market.

Key Topics Covered:

1. Product Overview

2. Research Methodology

3. Executive Summary

4. Voice of Customer

5. North America Truck Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.1.2. By Volume

5.2. Market Share & Forecast

5.2.1. By Class Type (Class 4, Class 5, Class 6, Class 7, Class 8)

5.2.2. By Fuel Type (Diesel, CNG, Others)