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Global On-highway Vehicle Market 2018-2022

  • Published: Jun 2018
  • Pages: 113
  • SKU: IRTNTR23190
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The global on-highway vehicle market size will grow by 1,099.48 thousand units during 2018-2022. This report offers an analysis of the market based on vehicle type (trucks, buses, and RVs) and geography (Americas, APAC, and EMEA). The on-highway vehicle market research report further analyzes the market’s competitive landscape and offers information on several companies including Daimler, Hyundai Motor, Toyota Motor, Volkswagen, and Volvo.

Below are some of the key findings from the on-highway vehicle market research report

On-highway Vehicle Market

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Global on-highway vehicle industry overview

The increasing penetration of downsized engines is one of the major factors driving the on-highway vehicle market growth. Several OEMs are focusing on developing downsized engine blocks to decrease the kerb weight, improve fuel efficiency, and limit the formation of emissions. Most manufacturers equip turbochargers within diesel engines to increase the amount of air taken in for combustion, which in turn allows more fuel to burn and enables higher output. The growing penetration of downsized engines will reduce production costs. This is encouraging manufacturers to adopt diesel turbocharger with downsized engines over gasoline turbocharger.

The integration of advanced safety technologies in on-highway vehicles is a rapidly growing on-highway vehicle market trend. To reduce fatalities and make vehicles safe, manufacturers are installing advanced safety systems like emergency brake assist, lane departure warning system, collision mitigation warning, blind spot detection, and automatic emergency braking system. These technologies increase the safety rating of vehicles and increase their demand among customers. According to this on-highway vehicle market forecast, driven by these factors the market will grow at a CAGR of over 4% during the forecast period.

Top on-highway vehicle companies covered in this market research report

The on-highway vehicle market is moderately fragmented. The market is in the late growth stage and will enter maturity during the forecast period. The vendors in the on-highway vehicle market compete by offering various products such as buses, coaches, trucks and heavy-duty trucks. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this on-highway vehicle industry analysis report will aid clients to identify new growth opportunities and design new growth strategies.

The report offers a complete analysis of various companies including:

  • Daimler
  • Hyundai Motor
  • Toyota Motor
  • Volkswagen
  • Volvo

On-highway vehicle market segmentation based on geographic regions

  • Americas
  • APAC
  • EMEA

Global on-highway vehicle market analysis reveals that the APAC region will dominate the on-highway vehicle market share, led by China, India, Japan, and South Korea as the major markets. The EMEA region will account for the highest on-highway vehicle market growth throughout the forecast period, driven by strict environmental regulations impelling advancements in fuel engine technology and fuel efficiency.

On-highway vehicle market segmentation based on vehicle types

  • Trucks
  • Buses
  • RVs

The trucks segment will account for the largest on-highway vehicle market share and the highest on-highway vehicle market growth rate. Additionally, the report also provides an accurate prediction of the contribution of the various vehicle types to the growth of the on-highway vehicle market size.

Key highlights of the global on-highway vehicle market for the forecast years 2018-2022:

  • CAGR of the market during the forecast period 2018-2022
  • Detailed information on factors that will accelerate the growth of the on-highway vehicle market during the next five years
  • Precise estimation of the global on-highway vehicle market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the on-highway vehicle industry across the Americas, APAC, and EMEA
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors
  • Comprehensive details on the factors that will challenge the growth of on-highway vehicle companies

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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 05: MARKET SIZING

  • Market definition
  • Market sizing 2017
  • Market size and forecast 2017-2022

PART 06: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 07: MARKET SEGMENTATION BY VEHICLE TYPE

  • Segmentation by vehicle type
  • Comparison by vehicle type
  • Trucks – Market size and forecast 2017-2022
  • Buses – Market size and forecast 2017-2022
  • RVs – Market size and forecast 2017-2022
  • Market opportunity by vehicle type

PART 08: MARKET SEGMENTATION BY TRANSMISSION

  • Segmentation by transmission
  • Manual transmission
  • Automatic transmission
  • Automated manual transmission

PART 09: CUSTOMER LANDSCAPE

PART 10: REGIONAL LANDSCAPE

  • Geographical segmentation
  • Regional comparison
  • APAC – Market size and forecast 2017-2022
  • Americas – Market size and forecast 2017-2022
  • EMEA – Market size and forecast 2017-2022
  • Key leading countries
  • Market opportunity

PART 11: DECISION FRAMEWORK

PART 12: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 13: MARKET TRENDS

  • OEMs' push for penetration of embedded telematics systems in on-highway vehicles
  • Integration of advanced safety technologies in on-highway vehicles to gain higher safety ratings
  • Emergence of engine manufacturing using 3D printing technology

PART 14: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 15: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Daimler
  • Hyundai Motor
  • Toyota Motor
  • Volkswagen
  • Volvo

PART 16: APPENDIX

List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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