NY, Aug. 18, 2015 /PRNewswire/ -- The global trucking business is driven by powerful fundamentals & has long-term, sustainable growth drivers provided the key role played through the transportation industry towards financial growth & development internationally. The industry continues to make recuperation from the demand slump which followed the global economic crisis brought by the strong economic healing underway in the U. H. while key emerging marketplaces, namely, China, Brazil and Russia face economic collapse & a host of complex difficulties.
The global medium & weighty truck market is valued in around $100 billion, since 2014, and is projected to develop at 3. 1% CAGR through 2024. The market continues to be on the recovery path whilst battling a difficult & complicated global macroeconomic environment. But the significant projected growth within sales volumes for moderate & heavy trucks throughout emerging markets over the following decade and the rapidly growing scope of technology development & integration are between the top trends & motorists which are likely to drive market growth & spearhead progress new business and service versions as well as concepts over the subsequent decade.
The report offers strategic analysis & extensive insights into the global method & heavy truck marketplace with focus on a blend of quantitative & qualitative analysis. Component 1 of the report analyzes the present market size, drivers and also competitive landscape for channel & heavy trucks. Portion 2 provides detailed evaluation on Top 7 industry OEMs, including, profiles & item portfolio snapshot, financial research, SWOT framework analysis as well as key insights into the techniques & plans of these OEMs. Part 3 projects the marketplace evolution likely over medium sized term with analysis associated with key market & technical trends, issues & problems, market developments & possible growth opportunities which could become leveraged by the industry worth chain. The report ends by analyzing market advancement and projecting demand view for medium & large trucks over the next 10 years.