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  • Which Growth Opportunities Will Transform Global Light, Medium, and Heavy Commercial Vehicles?
    Growth regions China and India drive truck demand amid continued uncertainties

    Overview

    The analysis highlights the light commercial vehicle (LCV) and medium and heavy-duty (M&HD) truck segments for six regions: North America, Europe, China, India, Latin America, and the Association of Southeast Asian Nations (ASEAN). The examination period is 2022–2023, with 2022 as the base year and 2023 as the estimated year.

    • How effective are the newer business models such as truck-as-a-service (TaaS) in driving growth?

    • What are the size of the global truck industry in 2022, the segment share, and leading original equipment manufacturers (OEMs) in different regions?

    • What is the projected penetration of key powertrain technologies across different regions?

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