1. Market Research
  2. > Automotive
  3. > Motor Vehicle
  4. > Commercial Vehicle Market Trends
  5. > China Heavy Truck Industry Report, 2016-2020

China Heavy Truck Industry Report, 2016-2020

  • July 2016
  • -
  • Research In China
  • -
  • 100 pages

Summary

Table of Contents

As China’s economic development now has entered the new normal, downward pressure on economy builds up and growth in fixed-asset investment slows, leading to a decline in the demand for construction heavy trucks whose sales came to 536,100 units in 2015, down 25.9% from a year earlier. A recovery of property sector in China from the beginning of 2016 drove up the demand for heavy trucks. 338,000 heavy trucks were sold in the first half of 2016, up 14% from a year ago. Full-year sales are expected to reach 618,000, a year-on-year rise of 12.2%.

Due to mixed factors of infrastructure investment increase, energy conservation & emission reduction, logistics transportation business growth and rising downside risks to the economy, China’s heavy truck industry will expand slightly during 2017-2020.

Chinese heavy truck market is highly concentrated with the top3 companies holding a combined market share of over 50%, top5 enterprises more than 80%, and top10 players around 97%. FAW Jiefang, China National Heavy Duty Truck Group (Sinotruk), and Dongfeng Motor are three leading companies in the Chinese heavy truck market with each having a more than 15% market share. FAW Jiefang has long been a champion in the semi-trailer tractor market, while Sinotruk and Dongfeng Motor hold the lion’s share of complete and incomplete heavy truck markets.

Heavy trucks will become larger and more intelligent in China: 13L large displacement and 500HP-above high-end tractors became available on the market in 2015 and will be the leading products over the next five years, such as X3000 golden version of Shaanxi Automobile, J6 series of FAW Jiefang, and flagship Tianlong of Dongfeng Motor. On the other hand, mainstream heavy truck manufacturers have come up with the concepts of “Internet+” and intelligent driving, put them into practice, delivering good social and economic benefits, like Sinotruk’s “Smart Heavy Truck” APP, FAW Jiefang’s “JiefangGuanjia” APP, and Mercedes-Benz’ first application of self driving in heavy truck. As market competition intensifies, heavy truck manufacturers will increase their input to differentiated products.

China Heavy Truck Industry Report, 2016-2020 by ResearchInChina focuses on the followings:
Overview of heavy truck industry in China (definition & classification, development trends, technology, industrial standards, etc.);
Chinese heavy truck market size (ownership, output & sales, import & export, competitive landscape, etc.);
Market segments including complete/incomplete heavy truck and semi-trailer tractor (market size, competitive landscape, development trends, etc.);
Related industrial chains (industrial chains, upstream raw materials, downstream investment & property development, etc.);
FAW Jiefang, Dongfeng Motor,Sinotruk, Foton Motor, Shaanxi Automobile, JAC, Hualing Automobile, Qingling Motors, Dayun Automobile, BEIBEN Trucks, SAIC-IVECO Hongyan, Tri-Ring Special Vehicle, Xugong Automobile, GAC Hino Motors, Feidie Automobile (profile, business performance, revenue structure, heavy truck business, development strategy, etc.)

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Amrita

+1 718 303 2019

Purchase Reports From Reputable Market Research Publishers
Global Semi Trailer Market - Analysis of Growth, Trends Progress and Challenges (2017 - 2022)

Global Semi Trailer Market - Analysis of Growth, Trends Progress and Challenges (2017 - 2022)

  • $ 4250
  • Industry report
  • January 2017
  • by Mordor Intelligence LLP

The global semi-trailer market is expected to grow at a CAGR of 6.48% and is expected to touch USD XX billion by the year 2020. The North American semi-trailer market, the 2nd largest in the world, was ...

Global Light and Heavy duty Natural Gas Vehicle Market 2017-2021

Global Light and Heavy duty Natural Gas Vehicle Market 2017-2021

  • $ 3500
  • Industry report
  • January 2017
  • by Infiniti Research Limited

ABSTRACT About Light and Heavy Duty Natural Gas Vehicle Natural gas vehicles (NGV) are alternative fuel vehicles that use natural gas in place of diesel or gasoline as fuel for combustion. Natural gas ...

Global Low-Bed Trailer (LBT) Market 2017-2021

Global Low-Bed Trailer (LBT) Market 2017-2021

  • $ 3500
  • Industry report
  • April 2017
  • by Infiniti Research Limited

About Low-Bed Trailer A low bed trailer is one of the many types of semi-trailers and is used for versatile applications and to carry loads that are up to 12 feet high, which other trailers cannot accommodate. ...

Global Heavy Trucks Market

January 2017 $ 1496

ref:plp2016

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.