About Heavy-duty Trucks
Heavy-duty (HD) trucks come under heavy-duty commercial vehicles and are used for cargo transportation, logistics operations, construction, mining, and agricultural fields for various functions. HD trucks include dump trucks, tractor-trailers, tank trucks, and haul trucks. Heavy-duty (HD) trucks come under HCVs and are used for cargo transportation, logistics operations, in construction, mining, and agricultural fields for various functions. HD trucks include dump trucks, tractor-trailers, tank trucks, and haul trucks. The cost range of a HD truck in the low-cost market is $24,000- 49,000, in the medium-cost market is $50,000- 71,000, and in a premium market, the cost is above $71,000.

Technavio’s analysts forecast the global heavy-duty trucks market to grow at a CAGR of 1.41% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global heavy-duty trucks market for 2017-2021. To calculate the market size, the report considers the new unit sales and exclude used vehicles sales and market sizing in terms of value.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Heavy-duty Trucks Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Daimler Trucks
• MAN
• PACCAR
• Scania
• Volvo Trucks
Other prominent vendors
• Ashok Leyland
• FAW Group Corporation
• ISUZU MOTORS
• Iveco
• Mack Trucks
• Scania
• Tata Motors
Market driver
• Increased adoption from rental service for construction and logistics business
• For a full, detailed list, view our report

Market challenge
• Chinese low-cost market can threaten global players' existence
• For a full, detailed list, view our report

Market trend
• Alternative fuel HD trucks
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.