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Executive Outlook of the Global Medium- and Heavy-Duty Low-Cost Truck Market : By 2022, Low-Cost Truck Sales will Reach 1.3 Million Units

The TRIAD is expected to experience increasing demand for low-cost trucks due to the struggling economy. Proliferation of low-cost Chinese and Indian brands is likely in these markets in the medium-duty truck segment. Higher penetration of low-cost brands from China and India is likely in Next 11, Africa, and South America due to similar market conditions and customer preferences. Rising affluence in China and India is expected to increase demand for better-quality trucks rather than low-cost trucks.

Key Research Takeaways

The economic slowdown is likely to push developed nations to consider low-cost alternatives, which offers Chinese and Indian truck manufacturers in the region opportunities for penetration and growth.

Low-Cost Truck Market, Global, 2014–2022

Global* low-cost truck market to grow at CAGR % to over million units by 2022
The market is driven by increasing demand in South America, Africa, North America, Western Europe, and Next countries, counteracting stable and declining demand in India and China, respectively.

Increasing demand for low-cost trucks in North America and Western Europe largely due to economic conditions

Prolonged economic slowdown and structural changes to freight movement patterns have changed truck purchase patterns. Low-cost truck sales are expected to grow at CAGRs of % and % in North America and Western Europe, respectively, from 2014 to 2022.

Table Of Contents

Executive Outlook of the Global Medium- and Heavy-Duty Low-Cost Truck Market 
Executive Outlook of the Global Medium- and Heavy-Duty Low-Cost Truck Market :By 2022, Low-Cost Truck Sales will Reach 13 Million Units

The TRIAD is expected to experience increasing demand for low-cost trucks due to the struggling economy Proliferation of low-cost Chinese and Indian brands is likely in these markets in the medium-duty truck segment Higher penetration of low-cost brands from China and India is likely in Next 11, Africa, and South America due to similar market conditions and customer preferences Rising affluence in China and India is expected to increase demand for better-quality trucks rather than low-cost trucks

Table Of Contents
1 EXECUTIVE SUMMARY

Executive Summary
1 Key Research Takeaways
2 Global Low-Cost Truck Market and Price Boundaries
3 Market Overview—Classification
4 Price Range of Medium-Heavy-Duty Trucks by Region
5 Regional Low-Cost Truck Market Sales and Market Share Forecast
6 Global Low-Cost Truck Market
7 Global Low-Cost Truck Market Forecast
8 Low-Cost Truck OEMs—Price Bands
9 Expected Low-Cost Truck Platforms

2 LOW-COST TRUCK MANUFACTURING—STRATEGIES AND CHALLENGES

Low-Cost Truck Manufacturing—Strategies and Challenges
1 Global Low-Cost Truck Construction—Focus Areas
2 OEM Strategies for Low-Cost Vehicle Production
3 OEM Strategies for Low-Cost Vehicle Production
4 Market Realities Impeding Low-Cost Truck Sales
5 Market Realities Impeding Low-Cost Truck Sales

3 GLOBAL MARKET ANALYSIS

Global Market Analysis
1 Regional Customer Preferences
2 Regional Low-Cost MD Truck Benchmarking
3 Regional Low-Cost HD Truck Benchmarking
4 Global Low-Cost Trucks—Comparative Analysis, MDT Platforms
5 Global Low-Cost Trucks—Comparative Analysis, HDT Platforms
6 Technology-Price Positioning of Global Low-Cost Truck OEMS
7 Virtual Global Low-Cost Truck 2022—MDT Platform
8 Virtual Global Low-Cost Truck 2022—HDT Platform

4 GLOBAL OEM PRODUCT STRATEGY

Global OEM Product Strategy
1 Price and Engine Displacement—Global OEM Comparative Analysis
2 Price and Weight Range—Global OEM Comparative Analysis
3 Global OEM Regional Presence
4 Global Low-Cost MD-HD Truck Outlook

5 AFRICA ANALYSIS

Africa Analysis
1 Market Segmentation
2 MDT-HDT Overall Market
3 Low-Cost Truck Market
4 Low-Cost Truck Market Sales Forecast
5 Exhibit Low-Cost Heavy Duty Trucks in Africa
6 Market Attractiveness

6 CHINA ANALYSIS

China Analysis
1 Market Segmentation
2 MDT-HDT Overall Market
3 Low-Cost Truck Market
4 Low-Cost Truck Market Sales Forecast
5 Exhibit Low-Cost HD Trucks in China
6 Market Attractiveness

7 INDIA ANALYSIS

India Analysis
1 Market Segmentation
2 MDT-HDT Overall Market
3 Low-Cost Truck Market
4 Low-Cost Truck Market Sales Forecast
5 Exhibit Low-Cost Heavy Duty Trucks in India
6 Market Attractiveness

8 NORTH AMERICA ANALYSIS

North America Analysis
1 Market Segmentation
2 MDT Overall Market
3 Low-Cost MD Truck Market
4 Low-Cost Truck Market Sales Forecast
5 Exhibit Low-Cost MD Trucks in North America
6 Market Attractiveness

9 SOUTH AMERICA ANALYSIS

South America Analysis
1 Market Segmentation
2 MDT-HDT Overall Market
3 Low-Cost Truck Market
4 Low-Cost Truck Market Sales Forecast
5 Exhibit Low-Cost HD Trucks in South America
6 Market Attractiveness

10 WESTERN EUROPE ANALYSIS

Western Europe Analysis
1 Market Segmentation
2 Overall MD Truck Market
3 Low-Cost MD Truck Market
4 Low-Cost MD Truck Market Sales Forecast
5 Exhibit Low-Cost MD Trucks in Western Europe
6 Market Attractiveness

11 KEY CONCLUSIONS, FUTURE OUTLOOK, AND PREDICTIONS

Key Conclusions, Future Outlook, and Predictions
1 Key Conclusions
2 Future Outlook
3 The Last Word—5 Big Predictions
4 Legal Disclaimer

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