Automotive Heavy Trucks Market and Trend Analysis by Technology, Key Companies and Forecast, 2021-2036

Pages: 74 Published: July 15, 2022 Report Code: GDAUS450722

This report provides a comprehensive overview of the global heavy trucks sector, major manufacturers, top markets, manufacturing trends and market size forecasts.

What are the market dynamics of the automotive heavy trucks market?

The emergence of the novel coronavirus strain at the end of 2019 has far-reaching implications for the entire automotive industry. Due to a reduction in retail activity, demand for vehicles and, therefore, the parts that go into making them has dropped significantly. All companies in the supply chain are likely to suffer financially as a result, with those effects remaining on the balance sheet long after the virus dies down. However, in the automotive market, demand for commercial cars is more than personal vehicles. Among them, the production of heavy trucks increased in 2020, in comparison to  2019.

What is the country-wise and regional outlook of the automotive heavy trucks market?

China is a key producer of heavy trucks and hosts  several home-grown brands including Dongfeng, FAW, Foton, Shacman, and Sinotruk. In addition, most key global heavy truck players have joint venture activities in China to access the country’s sizeable market. Europe is home to many of the oldest automotive companies like Daimler Trucks, Traton’s Scania and MAN brands, PACCAR’s DAF brand, and Volvo Trucks.

Automotive heavy trucks market, by country

Automotive heavy trucks market, by country

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Which are the major automotive heavy trucks companies?

Some of the major companies in the automotive heavy trucks market are Ashok Leyland, Daimler Truck, Dongfeng Motor Group, FAW (First Automotive Works), Foton Motor, Hino Motors, Isuzu, Iveco, KAMAZ, PACCAR, Shaanxi/Shacman, Sinotruk/China National Heavy Duty Truck Group,  Tata Motors Limited, Traton, and Volvo Trucks.

Ashok Leyland

Ashok Leyland is a subsidiary of Hinduja Automotive. It offers heavy and medium commercial vehicles and related components, light commercial vehicles, and power solution systems. They also offer financial services mainly relating to vehicle and housing financing. The company has manufacturing facilities in the UAE, Sri Lanka, Bangladesh, Nigeria, the UK, Kenya, and India and serves customers across Africa, the Middle East, CIS, Asia, and Latin America.

Dongfeng Motor Group

Dongfeng Motor Group Co Ltd (DMG) manufactures commercial vehicles, passenger vehicles, and automobile manufacturing equipment. The company estimates an overall commercial vehicle market share of more than 10%. Its commercial vehicles include medium and heavy-duty trucks, mini trucks, vans, pickups and buses, and passenger vehicles such as basic passenger vehicles, multi-purpose vehicles, and special utility vehicles. DMG operates under the brands such as Dongfeng, Chenglong and Venucia, Citroen, and Future.

FAW (First Automotive Works)

FAW Group Corporation was established in 1953. It is a leading global manufacturer of cars, trucks, and buses and claims to be China’s oldest and largest automotive group. The current product range encompasses a wide collection of light, medium, and heavy-duty trucks in addition to special chassis for concrete mixers and other special-purpose vehicles.

Foton Motor

Beiqi Foton Motor Co Ltd (Foton) is a subsidiary of BAIC. It is a manufacturer and marketer of heavy trucks, buses, commercial vehicles, pickup trucks, and SUVs. It offers warranty services, care service to an authorized dealer, finance, engineering machinery, logistics, and information technology services. It performs its sales operations through dealers and dealer’s services. The company operates in Africa, Asia, Europe, South America, and Oceania. Foton is headquartered in Beijing, China. The company has also established strong partnerships and joint ventures with global automotive companies, most notably Cummins and Daimler to help improve vehicle design, vehicle safety and security, engine design, and energy efficiency. Foton has also established strategic partnerships with Chinese diesel engine manufacturers.

Hino Motors

Hino Motors Ltd is a subsidiary of Toyota Motor Corporation. Their product lineup includes large trucks, medium trucks, and small trucks. Their bus range includes medium to large buses used primarily as tour buses and public buses, small buses, and micro-buses. The truck and bus range includes several hybrid models. Hino also produces Toyota-badged vehicles.

Automotive heavy trucks market, by company

Automotive heavy trucks market, by company

To know more about major companies, download a free report sample

Market report scope

Key countries and regions China, Indonesia, India, Europe, North America, Japan, Australia, Russia, South Africa, South America, South Korea, and Thailand
Key companies Ashok Leyland, Daimler Truck, Dongfeng Motor Group, FAW (First Automotive Works), Foton Motor, Hino Motors, Isuzu, Iveco, KAMAZ, PACCAR, Shaanxi/Shacman, Sinotruk/China National Heavy Duty Truck Group,  Tata Motors Limited, Traton, and Volvo Trucks
  • This report contains an overview of the automotive sector along with detailed related component forecasts, supported by information drawn from GlobalData’s extensive range of sources.

Scope

– This report contains an overview of an automotive sector along with detailed related component forecasts, supported by information drawn from GlobalData's extensive range of sources.

Reasons to Buy

– This report has been extracted from GlobalData's regularly updated online Automotive Intelligence Center. Containing content, tools and services not found in this report, GlobalData's AIC offers a cost-effective multi-user car market research solution.

Key Players

AB Volvo (commercial vehicles)
First Automotive Works (FAW)
Ashok Leyland
China National Heavy Duty Truck Group Co. Ltd
Daimler AG
Dongfeng Motor Corporation
Isuzu Motors Ltd.
Iveco S.p.A.
MAN SE
Scania AB
Tata Motors Limited
Toyota Motor Corporation
Navistar International Corporation
Paccar Inc.

Table of Contents

Table of Contents

1. PESTER Analysis

Political

Economic

Social

Technological

Environmental

Regulatory

2. Companies

Ashok Leyland

Daimler Trucks

Dongfeng Motor Group

FAW (First Automotive Works)

Foton Motor

Hino Motors

Isuzu

Iveco

KAMAZ

PACCAR

Shaanxi/Shacman

Sinotruk/China National Heavy Duty Truck Group

Tata Motors Limited

Traton

Volvo Trucks

3. Electric trucks

4. Markets

Australia

China

Europe

India

Indonesia

Japan

North America

Russia

South Africa

South America

South Korea

Thailand

5. Technologies

Active safety

Biofuels

Emissions

Fuel economy

Hybrids

Selective catalytic reduction (SCR) versus enhanced exhaust gas recirculation (EGR)

6. Appendix

What is this Report About?

7. Contact Us

List of Tables

List of Tables

Table 1: Emission standards for HD diesel and gas engines (durability: 160,000km/5 years)

Table 2: EU emission standards for HD diesel engines, g/kWh (smoke in m-1)

Table 3: Emission standards for diesel and gas engines, ETC test, g/kWh

Table 4: Emission standards for diesel truck and bus engines, g/kWh

Table 5: Diesel emission standards for heavy commercial vehicles, GVW >3500kg (>2500kg before 2005)

Table 6: Emission requirements for diesel truck and bus engines

Table 7: Emission requirements for heavy-duty engines

List of Figures

List of Tables

Table 1: Emission standards for HD diesel and gas engines (durability: 160,000km/5 years)

Table 2: EU emission standards for HD diesel engines, g/kWh (smoke in m-1)

Table 3: Emission standards for diesel and gas engines, ETC test, g/kWh

Table 4: Emission standards for diesel truck and bus engines, g/kWh

Table 5: Diesel emission standards for heavy commercial vehicles, GVW >3500kg (>2500kg before 2005)

Table 6: Emission requirements for diesel truck and bus engines

Table 7: Emission requirements for heavy-duty engines

Frequently Asked Questions

The key countries and regions in the automotive heavy trucks market are China, Indonesia, India, Europe, North America, Japan, Australia, Russia, South Africa, South America, South Korea, and Thailand.

Some of the major companies in the automotive heavy trucks sector are Ashok Leyland, Daimler Truck, Dongfeng Motor Group, FAW (First Automotive Works), Foton Motor, Hino Motors, Isuzu, Iveco, KAMAZ, PACCAR, Shaanxi/Shacman, Sinotruk/China National Heavy Duty Truck Group,  Tata Motors Limited, Traton, and Volvo Trucks.

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