insightSLICE recently published a market research report on Heavy Duty Trucks which is based on intensive research methodologies and studies examining market status post corona virus outbreak.
Heavy duty trucks have specific technical requirements and have diversity of applications compared to that of passenger vehicles. With significant growth in mining and construction industry among the developing and developed nations, heavy duty trucks are experiencing steady demand. In May 2020, Volvo announced to launch range of electric heavy duty trucks in Europe starting in 2021. This would definitely give them an edge over their competitors. Moreover, manufacturers are also trying to collaborate with carriers to leverage the upcoming 5G network generation.
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Competitive Landscape
Some of the major players in the Heavy Duty Trucks market are Daimler Group, Tata Motors Limited, Dongfeng Motor Corporation , Navistar International Corp, Volvo Group, PACCAR Inc, MAN SE, Scania AB, IVECO S.p.A., and Hino Motors, Ltd.
Players in the Heavy Duty Trucks market are mainly concentrating on new product launches, acquisition, and collaboration to meet the growing demand for various end-use industries. New product launches help companies to strengthen their product portfolio and meet the specific demands of customers.
The report discusses key information about major growth drivers, restraints, opportunities, and trends observed in the global Heavy Duty Trucks market. Factors such as market projections, the supply-demand ratio, market size, market attractiveness, technological advances, and key segments have been studied in detail. The Heavy Duty Trucks market shares, product portfolios, and business strategies of the major market players have been revealed, along with authentic statistical data, figures, charts, and tables.
Segmentation Overview:
By Class Type:
By Fuel:
By Application:
Users can Expect Following From this Report:
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Why you should buy this report
The Heavy Duty Trucks Report provides industry professionals and strategists, corporate analysts, associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the market.
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