1. Market Research
  2. > Automotive
  3. > Motor Vehicle
  4. > Commercial Vehicle Market Trends
  5. > Global Commercial Vehicles Industry

Global Commercial Vehicles Industry

  • March 2015
  • -
  • Global Industry Analysts
  • -
  • 539 pages

This report analyzes the worldwide markets for Commercial Vehicles in Thousand Units. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Annual estimates and forecasts are provided for the period 2014 through 2020. Also, a seven-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research. Company profiles are primarily based on public domain information including company URLs. The report profiles 113 companies including many key and niche players such as -

AB Volvo Group
BAIC Group
Chrysler Group LLC
China National Heavy Duty Truck Group
Daimler AG

Table Of Contents

Global Commercial Vehicles Industry


I. INTRODUCTION, METHODOLOGY and PRODUCT DEFINITIONS

Study Reliability and Reporting Limitations I-1 Disclaimers.............. I-2 Data Interpretation and Reporting Level I-2 Quantitative Techniques and Analytics I-3 Product Definitions and Scope of Study I-3

II. EXECUTIVE SUMMARY

1. INDUSTRY OVERVIEW.............. II-1 A Prelude.............. II-1 Summary of Key Factors Influencing Demand for Commercial Vehicles II-2 Economic Activity..............II-2 Freight Rates.............. II-2 Government Policy and Infrastructure Development II-3 A Peek Into the Correlation Between the CV Market and the Transportation Industry..............II-3 Impact of the 2007-2009 Recession in Retrospect on Automotive Industry.............. II-3 Factors Responsible for Decline in New Commercial Vehicle Sales II-4 Overcapacity Reaches Peak in the 2007-2009 Economic Recession II-4 Market Recovers in 2010..............II-5 Growth in the Market Once Again Tested Between 2011-2014 II-5 ‘Eurozone' Debt Crisis Tempers Economic Activity in the Region in 2012 and 2013..............II-5 Debt Crisis Drags European Commercial Vehicles Market into Red in 2012 and 2013..............II-7 Table 1: Breakdown of Gross Government Debt as Percentage of GDP for the Year 2012 by Country (includes corresponding Graph/Chart).............. II-8

Table 2: European Automobile Market: Estimated Plant Capacity Utilization for the Years 2007, 2010, 2011 and 2012 (includes corresponding Graph/Chart) II-8 America's Brush with the Fiscal Cliff Crisis (2011 through 2014) and its Impact on the Auto Industry II-9 Weakness in Business Spending Despite Economic Growth Tempers Commercial Vehicles Market in 2012 II-9 After a Temporary Recovery in 2013, US Commercial Vehicles Market Slows Down Once Again in 2014 II-10 Volatile Demand Patterns in Emerging Markets Hurts Global Commercial Vehicles Market During 2011-2014 II-11 Impact of China's Slowdown On Global Market During 2011- 2014 - A Review.............. II-13 Market Growth Remains Strained in 2014, But Optimistic Global Economic Outlook for 2015 and Beyond Augurs Well for Market Prospects.............. II-13 Table 3: World GDP (2012-2015): Breakdown of Percentage GDP Growth by Select Country (includes corresponding Graph/Chart) II-15 US Market in 2015 and Beyond: Mostly Positive Outlook Sprinkled With Yet Lingering Fears..............II-16 European Market Outlook: Hopes for a Recovery Despite Volatility and Risks of a Relapse II-16 Table 4: EU Real GDP Growth Rates in % (2014 and 2015): Breakdown by Country (includes corresponding Graph/Chart) II-18

Table 5: Purchasing Managers Index (PMI) in the Euro Area: Breakdown of Quarterly PMI Data for Select Countries for the Year 2014 (includes corresponding Graph/Chart) II-19

Table 6: Key Business Indicators in the Euro Area for the First 3 Quarters of the Year 2014 (includes corresponding Graph/Chart).............. II-19 Cyclical Upturn in Year 2015 and Beyond Encourages Positive Market Outlook for Asia-Pacific Commercial Vehicles Market II-20 Market Outlook.............. II-21

2. NOTEWORTHY TRENDS, GROWTH DRIVERS and ISSUES II-22 Developing Markets to Lend Traction to Market II-22 Asia-Pacific Also Set to Become Fastest Growing Production Center for Commercial Vehicles II-22 Table 7: Emerging Dominance of OEMs From Developing Countries in the Global Automotive Manufacturing Market (2012 and 2025P): Percentage Share Breakdown of Number of OEMs by Origin - OEMs from Developed Automotive Markets and OEMs from Emerging Automotive Markets (includes corresponding Graph/Chart).............. II-23 Nearshoring Trend Positions Brazil and Mexico as a Strong Production Centers for CVs..............II-23 Foreign OEMs Implement Locally-Adjusted Approach in Developing Markets..............II-24 Rising Average Vehicle Life Provides a Fertile Environment for New CV Purchases.............. II-24 Light Commercial Vehicles Segment - The Volume Contributor II-24 Trucks - Lifeline for Commercial Distribution Activity II-25 Table 8: World Trucks Market (2013 and 2018): Percentage Breakdown of Value Sales by Region - North America, Europe, Asia-Pacific, Latin America, and Rest of World (includes corresponding Graph/Chart)..............II-25 Diesel Vehicles Continue Dominance in the Global Truck Market II-25 Global Industrial Truck Market - An Overview II-26 Table 9: World Industrial Trucks Market (2014): Percentage Breakdown of Value and Volume Sales by Region - North America, Europe, Asia-Pacific, and Rest of World (includes corresponding Graph/Chart)..............II-26 Growing Demand for Food Trucks Drives CV Market II-27 Rising Demand for Refrigerated Vehicles Augurs Well for CV Market II-27 Vehicle Financing - Critical to New Commercial Vehicle Sales II-27 OEMs Too Turn Vehicle Financiers II-28 Product Developments to Boost Commercial Vehicles Market II-28 Focus on Global Vehicle Standards II-28 The Future is All About Being Green II-28 Trend Towards Low-Emission and Fuel Efficient Vehicles Drives Success of Green Technologies II-29 Exhaust Gas Recirculation and Selective Catalytic Reduction Technologies Grow in Prominence II-29 Aluminum - Turning into a Key Manufacturing Component for Automobiles.............. II-30 Natural Gas Commercial Vehicles to Gain Industry Attention II-30 High Demand for Natural Gas Commercial Vehicle Drives Compression Ignition Technology II-31 Hybrid Commercial Vehicles - The CV of the Future II-31 Emission Norms and Need to Reduce Fuel Consumption Drives Innovation in LCV Powertrains II-31 Commercial Vehicle Manufacturers Increase Safety Features II-32 Incorporation of Telematics and Communication Capabilities in New CVs.............. II-32 Growing Focus On Telematics as a Key Value Addition in Trucking Industry - A Key Opportunity Indicator for OEM Telematics Solutions..............II-33 Commercial Telematics to Transform into a Constant Source of Revenue.............. II-33 Going Beyond Telematics - Integration of Communication Technology in Trucks to Drive Future Growth II-34 On-Demand Mobility Service Providers - A Boon or a Bane? II-35 Auto-IT Nexus - Big Money Online II-35 E-Commerce - A Burgeoning Industry II-36 Virtual Sales are for Real..............II-36 E-Tailers: Eating into Retailer Profit Margins II-36 E-Models - Redefining Retail and Distribution Landscape II-36 I. Manufacturers..............II-36 Cost Benefits.............. II-37 A Shift in Trade-Off Curve II-37 Miscellaneous Benefits..............II-37 II. Consumers.............. II-37 Enhanced Financial Control II-37 Value-Added-Services..............II-37

III. Suppliers.............. II-38 Control Over Scheduling..............II-38 IV. Dealers.............. II-38 Unlimited Options..............II-38 Competition: Noteworthy Trends II-38 Full-Line Multi-Brand Manufacturing - The Key Strategy for Manufacturers.............. II-38 Standardization and Modularization Potentially Saves Production and Development Costs II-39 Focus on Supplier-End User Relationship II-40 Automakers Focus on Customer Satisfaction to Fuel Future Growth II-40 Consolidation - Growth Through Shrinkage II-41 Consolidation - A Panacea for all Frills? II-41 Key Market Share Statistics..............II-41 Table 10: World Industrial Trucks Market (2014): Percentage Breakdown of Volume Sales by Leading Players - Jungheinrich, Kion, Toyota and Others (includes corresponding Graph/Chart) II-41

Table 11: World Truck Market (>16 T ) (2013) : Percentage Breakdown of Sales by Leading Players - Ashok Leyland, Daimler, Iveco, Navistar, Paccar, Tata Motors, Volkswagen, Volvo and Others (includes corresponding Graph/Chart) II-42

Table 12: Global Light Commercial Vehicles Market (2013): Percentage Share Breakdown of Production by Leading Players (includes corresponding Graph/Chart) II-42

Table 13: Global Heavy Commercial Vehicles Market (2013): Percentage Share Breakdown of Production by Leading Players (includes corresponding Graph/Chart) II-42

Table 14: Global Heavy Buses Market (2013): Percentage Share Breakdown of Production by Leading Players (includes corresponding Graph/Chart)..............II-43 Regulations - An Overview..............II-43 New Automotive Block Exemption Comes Back Into Force II-43 Primary Market.............. II-43

3. AUTOMOTIVE INDUSTRY ANALYSIS..............II-45 The Changing Face of the Automotive Industry: A Prelude II-45 Table 15: Middle-Class Consumer Spending Across Developed and Developing Regions (2013E and 2030F): Percentage Breakdown by Region (includes corresponding Graph/Chart) II-47

Table 16: Emerging Dominance of OEMs From Developing Countries in the Global Automotive Manufacturing Market (2012 and 2025P): Percentage Share Breakdown of Number of OEMs by Origin - OEMs from Developed Automotive Markets and OEMs from Emerging Automotive Markets (includes corresponding Graph/Chart).............. II-47

Table 17: Emerging Dominance of OEMs From Developing Countries in the Global Passenger Car Market (2012 and 2025P): Percentage Share Breakdown of Regional and Foreign OEMs by Region/Country (includes corresponding Graph/Chart) II-48

Table 18: World Passenger Cars Market (2013): Percentage Market Share Breakdown of Unit Sales by Company (includes corresponding Graph/Chart)..............II-49 Factors Driving New Vehicle Demand II-49 Macro-Economic Factors..............II-49 Size of the Economy..............II-49 National Economic/Regulatory Policies II-49 Fluctuating Exchange Rates..............II-49 Automobile Infrastructure..............II-50 Environmental Concerns..............II-50 Micro-Economic Factors..............II-50 Open Trade.............. II-50 Regional Integration..............II-50 Consumer/Investment Financing..............II-51 Taxes.............. II-51 Price.............. II-51 Other Miscellaneous Factors..............II-51 Automobile Emissions - A Major Concern II-51 Methods to Cut Down Auto Emissions II-52 Use of Catalytic Converters and Oxidation Catalysts II-52 Hiking the Air to Fuel Ratio II-52 Direct Injection Technology..............II-52 Petrol Vs. Diesel - Choosing Between the Lesser of Two Evils II-52 Alternative Fuels - A Healthy Alternative Towards Reducing Auto Emissions.............. II-52 Biodiesel.............. II-53 Electric Fuel.............. II-53 Ethanol.............. II-53 Hydrogen.............. II-54 Methanol.............. II-54 Natural Gas.............. II-54 Propane.............. II-54 P-Series.............. II-55 Solar Fuel.............. II-55 Automotive Electronics - An Emerging Phenomenon II-55 The Future “Auto” Mobile..............II-55 A Quick Glance at the Latest Innovations in Automobile Electronics.............. II-55 Night Vision.............. II-55 Electronic Power Steering System II-56 OnStar Mobile Concierge Service II-56 Intelligent Cruise Control..............II-56 Collision-Warning Systems..............II-56 Smart Airbags.............. II-56 Antilock Braking Systems (ABS) II-56 Drive-by-Wire Systems..............II-56 Smart Sensors.............. II-57 Telematics.............. II-57 In the World of Automotive Electronics II-57 It Pays to Integrate Systems II-57 Shift in Responsibility..............II-57 Hi-tech Systems Form a Competitive Platform II-57 The Other Side of the Coin..............II-58

4. PRODUCT OVERVIEW.............. II-59 Commercial Vehicles - A Classification II-59 Table 19: Categorization of Trucks based on GVW II-59 Categorization of Trucks based on Class and End-Use II-59 Commercial Vehicle Classification - By Region/Country II-60 United States and Canada..............II-60 Japan.............. II-60 Europe.............. II-60 Germany.............. II-60 Italy.............. II-60 The United Kingdom..............II-60 Asia-Pacific.............. II-60 Australia.............. II-60 Table 20: Australian Light Commercial Vehicle Segmentation II-61

Table 21: Australian Heavy Commercial Vehicle Segmentation II-61 China.............. II-61 India.............. II-61 Indonesia.............. II-61 Table 22: Indonesian Commercial Vehicle Classification II-62 South Korea.............. II-62 Thailand.............. II-62 Latin America.............. II-62 Argentina.............. II-62 Brazil.............. II-62 Mexico.............. II-62

5. PRODUCT INTRODUCTIONS/INNOVATIONS II-63 FUSO Releases New Medium Duty Truck II-63 Nissan Launches Nissan NP300 Navara II-63 Tata Motors Introduces New ILCV Range of Trucks II-63 Volvo Announces Plans to Introduce New UD Bus Range II-63 Tata Motors Bags New Orders..............II-63 Tata Motors Introduces ULTRA Range II-63 Tata Motors Rolls Out Tata PRIMA heavy Trucks II-63 Tata Motors Rolls Out 10 new Prima LX Trucks II-63 UD Trucks Rolls Out the New Quon II-64 Eicher Unveils New Range of Buses and Trucks II-64 EEPL to Introduce New Range of Personal Vehicles II-64 Volvo Launches FH Series..............II-64 Volvo Rolls Out New Truck Series with Euro 6 Engines II-64 Volvo Buses to Launch Volvo 7900 Articulated Hybrid Bus II-64 GMC to Launch 2014 Sierra 1500 Denali Full-Size Pickup II-64 Peterbilt Motors Launches Peterbilt Model 389 Truck II-64 Volvo Trucks Launches Volvo VNX Heavy-Haul Tractor II-65 VECV Launches Pro Series..............II-65 DONGVO Launches UD Trucks' KuTeng II-65 Volvo Group Optimizes European Truck Manufacturing II-65 Volvo Trucks Reveals Fourth-Generation VM Model II-65 FAW-GM Launches Light-Duty Truck F3 II-65 MAN Introduces Euro-6 Fire Trucks II-65 MFTBC Rolls Out FUSO in Zambia II-65 Daimler Rolls Out 5,000th Truck from Oragadam Plant II-66 DAF Unveils New LF and CF Euro 6 Vehicles II-66 Kenworth Rolls Out New T880 Vocational Truck II-66 Volvo Trucks Launches Volvo FM Truck II-66 Mahindra Introduces Bolero Maxi Truck Plus in Ahmedabad II-66 Hyundai Motor Introduces New Heavy Commercial Vehicle Xcient II-66 Volvo to Introduce New Economy Bus Brand in India II-66 UQM Technologies Launches New UQM PowerPhase HD® 950 System II-66 Kewalram Nigeria Introduces FotonDaimler Buses and Heavy Trucks in Nigeria..............II-67 BelAZ Introduces Largest Dump Truck 75710 II-67 Ashok Leyland Rolls Out its Dost LCV in North India and Opens Dealership Outlets.............. II-67 Ashok Leyland Nissan JV Launches Ashok Leyland Stile MPV II-67 Mahindra and Mahindra Introduces New Bolero Pick-Up Flat Bed II-67 Proton Motor Fuel Cell Launches Electric Commercial Vehicle II-67 General Motors Launches 2015 GMC Sierra HD and 2015 Chevrolet Silverado HD.............. II-67 Ashok Leyland Rolls Out Boss Commercial Vehicle II-67 Navistar International Introduces International® ProStar® Truck in Russia.............. II-68 Daimler Introduces Fuso Trucks Range in Kenya II-68 DAF Introduces New Euro 6 CF and LF Construction Models II-68 UD Trucks Introduces Quester Heavy-Duty Truck Line II-68 Ashok Leyland Introduces 3120 MAV Truck II-68 Mahindra and Mahindra Rolls Out Xylo D2 MAXX II-68 Nissan Motor Unveils NT 500 Trucks in Europe II-68

6. RECENT INDUSTRY ACTIVITY..............II-69 FAW Completes Construction of Truck Plant II-69 Hino Motors Commences Production II-69 MAN Obtains Two Major Tenders..............II-69 Mitsubishi Fuso Begins Delivery of Light-Duty Trucks II-69 Navistar Continues Commitment To Vocational Segments With New Product Offerings..............II-69 Tata Motors Joins Hands with TML TRUCK RUS II-69 Fiat Announces Merger of Fiat S.p.A II-69 Volvo Buses Obtains Contract for Intercity Buses from Faure II-69 AeroGround Flughafen München Selects MAN Lion´s City Buses of MAN Truck and Bus.............. II-70 Columbus City Schools Selects IC Bus II-70 Volvo Buses Secures Coach Chassis Order from JCA Group II-70 Lothian Buses Selects Volvo 7900 Hybrid Bus of Volvo Bus II-70 Dillon Transport to Augment Fleet with Kenworth T800 Trucks with Cummins Westport ISX12 G Engine II-70 Zimmerman Truck Lines Selects Kenworth T680 Truck with PACCAR MX-13 Engine.............. II-70 Arriva North West Selects Volvo B5LH Double Decker Bus of Volvo Bus.............. II-70 Hino Motors and Toyota Tsusho Enter into Partnership II-70 Isuzu Motors to Acquire ITUK..............II-71 Tata Motors Joins Hands with DRB-HICOM II-71 IIAA Commences Truck Manufacturing in Brazil II-71 Nova Bus Secures Order from ATUQ II-71 Hyundai Forms Joint Venture with Sichuan Nanjun Automobile II-71 Volvo Inks Agreement to Acquire Stake in Dongfeng Commercial Vehicles.............. II-71 Ford Enlarges CNG and LPG Ready Vehicle Product Portfolio II-71 Penske Automotive Snaps Up Western Star Trucks Australia from Transpacific Industries..............II-72 New Flyer Industries Takes Over North American Bus Industries II-72 Iveco and Larimar Group Forms Iveco South Africa Works JV for Buses and Trucks.............. II-72 Nissan to Assemble Pickup Trucks in Nigeria through Stallion Group.............. II-72 MFTBC Wins Orders from SAB Miller II-72 Moorgate Forklifts and Nexen Lift Truck Enter into Partnership II-72 Tata Motors and DRB-HICOM Partner for Tata Commercial Vehicles in Malaysia.............. II-72 Mahindra and Mahindra to Merge its Bus and Truck Divisions II-73 Tata Motors Partners Fusion Automotive to Introduce Xenon Ute LCVs in Australia..............II-73 Robert Bosch, ZF Friedrichshafen and Knorr-Bremse Establishes Alltrucks Joint Venture..............II-73 Nissan Motor and Suzuki Motor Enter into Agreement II-73 Foton-Daimler Joint Venture Selects Silver Star Auto to Distribute Heavy Duty Trucks..............II-73 Tata Motors Inks Marketing and Distribution Agreement with Fusion Automotive..............II-73

7. FOCUS ON SELECT PLAYERS..............II-74 AB Volvo Group (Sweden)..............II-74 UD Trucks Corporation (Japan) II-74 BAIC Group (China)..............II-75 Chrysler Group LLC (US)..............II-75 China National Heavy Duty Truck Group (China) II-75 Daimler AG (Germany)..............II-76 Dongfeng Motor Corporation (China) II-76 FAW Group Corporation (China)..............II-76 Fiat Chrysler Automobiles N.V. (Italy) II-77 Iveco S.p.A (Italy).............. II-77 Ford Motor Company (US)..............II-78 General Motors Corp. (US)..............II-78 Hyundai Motor Company (South Korea) II-79 Isuzu Motors Ltd. (Japan)..............II-79 MAN Truck and Bus AG (Germany)..............II-79 Mitsubishi Fuso Truck and Bus Corporation (Japan) II-80 Navistar International Corporation (USA) II-80 Nissan Motor Co., Ltd. (Japan) II-81 PACCAR Inc. (USA).............. II-81 Scania AB (Sweden)..............II-82 Tata Motors Ltd. (India)..............II-82 Toyota Motor Corp. (Japan)..............II-83 Hino Motors, Ltd. (Japan)..............II-83 Volkswagen AG (Germany)..............II-83

8. GLOBAL MARKET PERSPECTIVE..............II-84 Sales Analytics.............. II-84 Table 23: World Recent Past, Current and Future Analysis for Commercial Vehicles by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales Figures in Thousand Units for Years 2014 through 2020 (includes corresponding Graph/Chart) II-84

Table 24: World Historic Review for Commercial Vehicles by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales Figures in Thousand Units for Years 2007 through 2013 (includes corresponding Graph/Chart).............. II-85

Table 25: World 14-Year Perspective for Commercial Vehicles by Geographic Region - Percentage Breakdown of Unit Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets for Years 2007, 2015 and 2020 (includes corresponding Graph/Chart) II-86 Production Analytics..............II-87 Table 26: World Recent Past, Current and Future Analysis for Commercial Vehicles by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Production Figures in Thousand Units for Years 2014 through 2020 (includes corresponding Graph/Chart) II-87

Table 27: World Historic Review for Commercial Vehicles by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Production Figures in Thousand Units for Years 2007 through 2013 (includes corresponding Graph/Chart)..............II-88

Table 28: World 14-Year Perspective for Commercial Vehicles by Geographic Region - Percentage Breakdown of Unit Production for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets for Years 2007, 2015 and 2020 (includes corresponding Graph/Chart).............. II-89

III. MARKET

1. THE UNITED STATES.............. III-1 A.Market Analysis.............. III-1 Current and Future Analysis..............III-1 Industry Overview.............. III-1 Noteworthy Trends and Growth Drivers III-1 Growing Industrial Activity to Drive Heavy Duty Commercial Vehicles.............. III-1 Table 29: US Heavy Duty Transit Bus Market (2013): Percentage Breakdown of Sales by Leading Players (includes corresponding Graph/Chart) III-2 Strong Demand for Food Trucks Drives Growth in the US CV Market.............. III-2 Pickup Trucks Find Increasing Demand III-2 Table 30: US Pickup Trucks Market (2014E): Percentage Breakdown of Sales by Leading Players (includes corresponding Graph/Chart) III-2 Privatization of School Bus Services Fuels Industry Growth in US.............. III-3 Table 31: US School Bus Market (2013): Percentage Breakdown by Leading Players (includes corresponding Graph/Chart).............. III-3 Vehicle Financing - A Successful Sales Tool III-3 Emergence of National Automobile Chains III-3 The Green Movement..............III-3 Impact of CAFÉ Regulations on the US Light Truck Market III-4 Consumers Continue to Remain in a Conservative Mood - A Major Issue.............. III-4 Canada - A Major Export Market for US Manufacturers III-4 Competition.............. III-5 Maturing Market Fuels Intense Competition III-5 Overseas Brand Domination - The Threat is Real III-5 Brand Additions Continues to be a Priority for CV Manufacturers.............. III-5 It Pays to Consolidate..............III-5 Manufacturers Increasingly Embracing E-Model for Strengthening Supply Chain III-5 Market Share Findings..............III-6 Table 32: US Commercial Van Market (2013): Percentage Share Breakdown of Unit Sales by Leading Brands (includes corresponding Graph/Chart) III-6

Table 33: US Trucks Market (2013): Percentage Share Breakdown of Unit Sales by Leading Brands (includes corresponding Graph/Chart) III-6

Table 34: US Truck (Class 8) Market (2013): Percentage Market Share Breakdown by Leading Players (includes corresponding Graph/Chart) III-6

Table 35: US Truck (Class 7) Market (2013): Percentage Breakdown by Leading Players (includes corresponding Graph/Chart).............. III-7 Product Launches..............III-7 Strategic Corporate Developments III-8 Key Players.............. III-9 B.Market Analytics..............III-11 Table 36: US Recent Past, Current and Future Analysis for Commercial Vehicles by Product Segment - Light Commercial Vehicles and Medium/Heavy Commercial Vehicle Segments Independently Analyzed with Annual Sales Figures in Thousand Units for Years 2014 through 2020 (includes corresponding Graph/Chart).............. III-11

Table 37: US Historic Review for Commercial Vehicles by Product Segment - Light Commercial Vehicles and Medium/Heavy Commercial Vehicle Segments Independently Analyzed with Annual Sales Figures in Thousand Units for Years 2007 through 2013 (includes corresponding Graph/Chart) III-12

Table 38: US 14-Year Perspective for Commercial Vehicles by Product Segment - Percentage Breakdown of Unit Sales for Light Commercial Vehicles and Medium/ Heavy Commercial Vehicle Segments for the Years 2007, 2015 and 2020 (includes corresponding Graph/Chart)..............III-13

Table 39: US Recent Past, Current and Future Analysis for Commercial Vehicles by Product Segment - Light Commercial Vehicles and Medium/Heavy Commercial Vehicle Segments Independently Analyzed with Annual Production Figures in Thousand Units for Years 2014 through 2020 (includes corresponding Graph/Chart)..............III-14

Table 40: US Historic Review for Commercial Vehicles by Product Segment - Light Commercial Vehicles and Medium/Heavy Commercial Vehicle Segments Independently Analyzed with Annual Production Figures in Thousand Units for Years 2007 through 2013 (includes corresponding Graph/Chart) III-15

Table 41: US 14-Year Perspective for Commercial Vehicles by Product Segment - Percentage Breakdown of Unit Production for Light Commercial Vehicles and Medium/Heavy Commercial Vehicles Segments for the Years 2007, 2015 and 2020 (includes corresponding Graph/Chart)..............III-16

2. CANADA.............. III-17 A.Market Analysis.............. III-17 Current and Future Analysis..............III-17 Volatile Demand and Production Patterns Characterize Canadian Commercial Vehicles Industry..............III-17 A Major Market to Tap for US Manufacturers III-17 Statistical Data..............III-17 Table 42: Canadian Trucks Market (2013): Percentage Share Breakdown of Unit Sales by Leading Brands (includes corresponding Graph/Chart)..............III-17

Table 43: Canadian Truck (Class 8) Market (2013): Percentage Breakdown of Unit Sales by Leading Players (includes corresponding Graph/Chart) III-18

Table 44: Canadian Commercial Van Market (2013): Percentage Share Breakdown of Unit Sales by Leading Brands (includes corresponding Graph/Chart)..............III-18 CV Manufacturing Sector Overview III-18 Resurgence in Capital Expenditure by Auto Manufacturers to Fuel Truck Manufacturing in Canada III-19 Strategic Corporate Developments III-19 B.Market Analytics..............III-20 Table 45: Canadian Recent Past, Current and Future Analysis for Commercial Vehicles with Annual Sales Figures in Thousand Units for Years 2014 through 2020 (includes corresponding Graph/Chart)..............III-20

Table 46: Canadian Historic Review for Commercial Vehicles with Annual Sales Figures in Thousand Units for Years 2007 through 2013 (includes corresponding Graph/Chart) III-20

Table 47: Canadian Recent Past, Current and Future Analysis for Commercial Vehicles by Product Segment - Light Commercial Vehicles and Medium/Heavy Commercial Vehicle Segments Independently Analyzed with Annual Production Figures in Thousand Units for Years 2014 through 2020 (includes corresponding Graph/Chart) III-21

Table 48: Canadian Historic Review for Commercial Vehicles by Product Segment - Light Commercial Vehicles and Medium/Heavy Commercial Vehicle Segments Independently Analyzed with Annual Production Figures in Thousand Units for Years 2007 through 2013 (includes corresponding Graph/Chart).............. III-22

Table 49: Canadian 14-Year Perspective for Commercial Vehicles by Product Segment - Percentage Breakdown of Unit Production for Light Commercial Vehicles and Medium/Heavy Commercial Vehicle Segments for the Years 2007, 2015 and 2020 (includes corresponding Graph/Chart) III-23

3. JAPAN.............. III-24 A.Market Analysis.............. III-24 Current and Future Analysis..............III-24 Review of Overseas Market Opportunities for Japanese CV Manufacturers.............. III-24 Japanese CVs- A Major Draw in US Market III-24 Japanese Manufacturers Foray into Indian LCV Market III-24 Japanese OEMs Continue to Remain Strong in SEA Truck Market III-24 Major Issues and Trends..............III-25 Japan Gradually Losing Share in Global Production Volume III-25 Supplier Cost-Cutting: The Latest Trend III-25 Regulatory Restrictions Continue to Challenge Overseas Players III-25 Key Market Share Finding..............III-25 Table 50: Japanese Trucks Market (2013): Percentage Market Share Breakdown by Leading Players (includes corresponding Graph/Chart).............. III-25 Product Launch.............. III-26 Strategic Corporate Developments III-26 Key Players.............. III-26 B.Market Analytics..............III-29 Table 51: Japanese Recent Past, Current and Future Analysis for Commercial Vehicles Analyzed with Annual Sales Figures in Thousand Units for Years 2014 through 2020 (includes corresponding Graph/Chart)..............III-29

Table 52: Japanese Historic Review for Commercial Vehicles Analyzed with Annual Sales Figures in Thousand Units for Years 2007 through 2013 (includes corresponding Graph/Chart) III-29

Table 53: Japanese Recent Past, Current and Future Analysis for Commercial Vehicles Analyzed with Annual Production Figures in Thousand Units for Years 2014 through 2020 (includes corresponding Graph/Chart) III-30

Table 54: Japanese Historic Review for Commercial Vehicles by Analyzed with Annual Production Figures in Thousand Units for Years 2007 through 2013 (includes corresponding Graph/Chart).............. III-30

4. EUROPE.............. III-31 A.Market Analysis.............. III-31 Current and Future Analysis..............III-31 Industry Overview.............. III-31 Commercial Vehicles Market Comes Under Pressure in 2012 and 2013 Amid Weak Economic Scenario III-31 Market Returns to Positive Growth in 2014 III-32 Introduction of Euro VI Norms - A Blessing in Disguise III-32 European CV Manufacturers Maintain Technology Leadership Amid Sales Slump.............. III-33 Stringent EURO Emission Norms and Need for Fuel Efficiency Drives Innovation in LCV Powertrains III-33 Exhaust Gas Recirculation and Selective Catalytic Reduction Technologies Grow in Prominence III-33 Electric and Hybrid Medium-Heavy Trucks and Buses to Emerge as a Competitive Market in Europe III-33 New Automotive Block Exemption Comes Back Into Force III-34 Players on a Cost-Cutting Spree III-34 Market Share Findings..............III-35 Table 55: European Heavy Truck Market (2014): Percentage Share Breakdown of Revenues by Leading Players - DAF, Daimler, Iveco, MAN, Scania, Volvo and Others (includes corresponding Graph/Chart)..............III-35

Table 56: European Medium Truck Market (2014): Percentage Share Breakdown of Revenues by Leading Players - DAF, Daimler, Iveco, MAN, Scania, Volvo and Others (includes corresponding Graph/Chart)..............III-35

Table 57: European Trucks (GVW >16 Tons) Market (2014): Percentage Breakdown of Sales by Leading Players - Daimler, Iveco, Paccar, Volkswagen, Volvo and Others (includes corresponding Graph/Chart)..............III-35 Product Launches..............III-36 B.Market Analytics..............III-37 Table 58: European Recent Past, Current and Future Analysis for Commercial Vehicles by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets Independently Analyzed with Annual Sales Figures in Thousand Units for Years 2014 through 2020 (includes corresponding Graph/Chart).............. III-37

Table 59: European Historic Review for Commercial Vehicles by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets Independently Analyzed with Annual Sales Figures in Thousand Units for Years 2007 through 2013 (includes corresponding Graph/Chart) III-38

Table 60: European 14-Year Perspective for Commercial Vehicles by Geographic Region - Percentage Breakdown of Unit Sales for France, Germany, Italy, UK, Spain, Russia, and Rest of Europe Markets for Years 2007, 2015 and 2020 (includes corresponding Graph/Chart)..............III-39

Table 61: European Recent Past, Current and Future Analysis for Commercial Vehicles by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets Independently Analyzed with Annual Production Figures in Thousand Units for Years 2014 through 2020 (includes corresponding Graph/Chart)..............III-40

Table 62: European Historic Review for Commercial Vehicles by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets Independently Analyzed with Annual Production Figures in Thousand Units for Years 2007 through 2013 (includes corresponding Graph/Chart) III-41

Table 63: European 14-Year Perspective for Commercial Vehicles by Geographic Region - Percentage Breakdown of Unit Production for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2007, 2015 and 2020 (includes corresponding Graph/Chart)..............III-42

4a. FRANCE.............. III-43 A.Market Analysis.............. III-43 Current and Future Analysis..............III-43 Strategic Corporate Development III-43 B.Market Analytics..............III-44 Table 64: French Recent Past, Current and Future Analysis for Commercial Vehicles by Product Segment - Light Commercial Vehicles and Medium/Heavy Commercial Vehicles Independently Analyzed with Annual Sales Figures in Thousand Units for Years 2014 through 2020 (includes corresponding Graph/Chart) III-44

Table 65: French Historic Review for Commercial Vehicles by Product Segment - Light Commercial Vehicles and Medium/Heavy Commercial Vehicles Independently Analyzed with Annual Sales Figures in Thousand Units for Years 2007 through 2013 (includes corresponding Graph/Chart) III-45

Table 66: French 14-Year Perspective for Commercial Vehicles by Product Segment - Percentage Breakdown of Unit Sales for Light Commercial Vehicles and Medium/Heavy Commercial Vehicles Segments for the Years 2007, 2015 and 2020 (includes corresponding Graph/Chart)..............III-46

Table 67: French Recent Past, Current and Future Analysis for Commercial Vehicles by Product Segment Light Commercial Vehicles and Medium/Heavy Commercial Vehicles Independently Analyzed with Annual Production Figures in Thousand Units for Years 2014 through 2020 (includes corresponding Graph/Chart).............. III-47

Table 68: French Historic Review for Commercial Vehicles by Product Segment - Light Commercial Vehicles and Medium/Heavy Commercial Vehicles Independently Analyzed with Annual Production Figures in Thousand Units for Years 2007 through 2013 (includes corresponding Graph/Chart) III-48

Table 69: French 14-Year Perspective for Commercial Vehicles by Product Segment - Percentage Breakdown of Unit Production for Light Commercial Vehicles and Medium/ Heavy Commercial Vehicle Segments for the Years 2007, 2015 and 2020 (includes corresponding Graph/Chart)..............III-49

4b. GERMANY.............. III-50 A.Market Analysis.............. III-50 Current and Future Analysis..............III-50 Market Overview.............. III-50 Robust Bus Segment Provides Traction to the German CV Market III-50 Other Industry Trends..............III-51 Outsourcing - A Preferred Cost-cutting Tool III-51 German Auto Business - Going the e-way III-51 Towards a “Greener” Germany III-51 Product Launch.............. III-51 Strategic Corporate Developments III-51 Key Players.............. III-52 B.Market Analytics..............III-54 Table 70: German Recent Past, Current and Future Analysis for Commercial Vehicles by Product Segment - Light Commercial Vehicles and Medium/Heavy Commercial Vehicles Independently Analyzed with Annual Sales Figures in Thousand Units for Years 2014 through 2020 (includes corresponding Graph/Chart) III-54

Table 71: German Historic Review for Commercial Vehicles by Product Segment - Light Commercial Vehicles and Medium/Heavy Commercial Vehicles Independently Analyzed with Annual Sales Figures in Thousand Units for Years 2007 through 2013 (includes corresponding Graph/Chart) III-55

Table 72: German 14-Year Perspective for Commercial Vehicles by Product Segment - Percentage Breakdown of Unit Sales for Light Commercial Vehicles and Medium/Heavy Commercial Vehicles Segments for the Years 2007, 2015 and 2020 (includes corresponding Graph/Chart)..............III-56

Table 73: German Recent Past, Current and Future Analysis for Commercial Vehicles by Product Segment - Light Commercial Vehicles and Medium/Heavy Commercial Vehicles Independently Analyzed with Annual Production Figures in Thousand Units for Years 2014 through 2020 (includes corresponding Graph/Chart).............. III-57

Table 74: German Historic Review for Commercial Vehicles by Product Segment - Light Commercial Vehicles and Medium/Heavy Commercial Vehicles Independently Analyzed with Annual Production Figures in Thousand Units for Years 2007 through 2013 (includes corresponding Graph/Chart) III-58

Table 75: German 14-Year Perspective for Commercial Vehicles by Product Segment - Percentage Breakdown of Unit Production for Light Commercial Vehicles and Medium/Heavy Commercial Vehicles Segments for the Years 2007, 2015 and 2020 (includes corresponding Graph/Chart)..............III-59

4c. ITALY.............. III-60 A.Market Analysis.............. III-60 Current and Future Analysis..............III-60 Environmental Concerns - Government Gets Eco-Friendly III-60 Strategic Corporate Development III-60 Key Players.............. III-60 B.Market Analytics..............III-62 Table 76: Italian Recent Past, Current and Future Analysis for Commercial Vehicles by Product Segment - Light Commercial Vehicles and Medium/ Heavy Commercial Vehicles Independently Analyzed with Annual Sales Figures in Thousand Units for Years 2014 through 2020 (includes corresponding Graph/Chart) III-62

Table 77: Italian Historic Review for Commercial Vehicles by Product Segment - Light Commercial Vehicles and Medium/Heavy Commercial Vehicles Independently Analyzed with Annual Sales Figures in Thousand Units for Years 2007 through 2013 (includes corresponding Graph/Chart) III-63

Table 78: Italian 14-Year Perspective for Commercial Vehicles by Product Segment - Percentage Breakdown of Unit Sales for Light Commercial Vehicles and Medium/Heavy Commercial Vehicles Segments for the Years 2007, 2015 and 2020 (includes corresponding Graph/Chart) III-64

Table 79: Italian Recent Past, Current and Future Analysis for Commercial Vehicles by Product Segment - Light Commercial Vehicles and Medium/Heavy Commercial Vehicles Independently Analyzed with Annual Production Figures in Thousand Units for Years 2014 through 2020 (includes corresponding Graph/Chart).............. III-65

Table 80: Italian Historic Review for Commercial Vehicles by Product Segment - Light Commercial Vehicles and Medium/Heavy Commercial Vehicles Independently Analyzed with Annual Production Figures in Thousand Units for Years 2007 through 2013 (includes corresponding Graph/Chart) III-66

Table 81: Italian 14-Year Perspective for Commercial Vehicles by Product Segment - Percentage Breakdown of Unit Production for Light Commercial Vehicles and Medium/Heavy Commercial Vehicles Segments for the Years 2007, 2015 and 2020 (includes corresponding Graph/Chart) III-67

4d. THE UNITED KINGDOM..............III-68 A.Market Analysis.............. III-68 Current and Future Analysis..............III-68 Industry Overview.............. III-68 Bus and Coach Segment Exhibits Steady Growth - Lends Traction to CV Market..............III-68 Industry/Market Trends..............III-68 Premium on Quality and Technology III-68 Commercial Vehicles Head Recovery III-69 Britain - A Major Production Hub for Japanese Automakers III-69 Used-Van Market Proves to be a Major Threat for New Commercial Vans Segment..............III-69 Product Launches..............III-69 Strategic Corporate Developments III-70 B.Market Analytics..............III-71 Table 82: UK Recent Past, Current and Future Analysis for Commercial Vehicles by Product Segment Light Commercial Vehicles and Medium/Heavy Commercial Vehicles Independently Analyzed with Annual Sales Figures in Thousand Units for Years 2014 through 2020 (includes corresponding Graph/Chart) III-71

Table 83: UK Historic Review for Commercial Vehicles by Product Segment - Light Commercial Vehicles and Medium/Heavy Commercial Vehicles Independently Analyzed with Annual Sales Figures in Thousand Units for Years 2007 through 2013 (includes corresponding Graph/Chart) III-72

Table 84: UK 14-Year Perspective for Commercial Vehicles by Product Segment - Percentage Breakdown of Unit Sales for Light Commercial Vehicles and Medium/Heavy Commercial Vehicles Segments for the Years 2007, 2015 and 2020 (includes corresponding Graph/Chart)..............III-73

Table 85: UK Recent Past, Current and Future Analysis for Commercial Vehicles by Product Segment - Light Commercial Vehicles and Medium/Heavy Commercial Vehicles Independently Analyzed with Annual Production Figures in Thousand Units for Years 2014 through 2020 (includes corresponding Graph/Chart).............. III-74

Table 86: UK Historic Review for Commercial Vehicles by Product Segment - Light Commercial Vehicles and Medium/Heavy Commercial Vehicles Independently Analyzed with Annual Production Figures in Thousand Units for Years 2007 through 2013 (includes corresponding Graph/Chart) III-75

Table 87: UK 14-Year Perspective for Commercial Vehicles by Product Segment - Percentage Breakdown of Unit Production for Light Commercial Vehicles and Medium/Heavy Commercial Vehicles Segments for the Years 2007, 2015 and 2020 (includes corresponding Graph/Chart)..............III-76

4e. SPAIN.............. III-77 A.Market Analysis.............. III-77 Current and Future Analysis..............III-77 B.Market Analytics..............III-77 Table 88: Spanish Recent Past, Current and Future Analysis for Commercial Vehicles by Product Segment - Light Commercial Vehicles and Medium/Heavy Commercial Vehicles Independently Analyzed with Annual Sales Figures in Thousand Units for Years 2014 through 2020 (includes corresponding Graph/Chart) III-77

Table 89: Spanish Historic Review for Commercial Vehicles by Product Segment - Light Commercial Vehicles and Medium/ Heavy Commercial Vehicles Independently Analyzed with Annual Sales Figures in Thousand Units for Years 2007 through 2013 (includes corresponding Graph/Chart) III-78

Table 90: Spanish 14-Year Perspective for Commercial Vehicles by Product Segment - Percentage Breakdown of Unit Sales for Light Commercial Vehicles and Medium/Heavy Commercial Vehicles Segments for the Years 2007, 2015 and 2020 (includes corresponding Graph/Chart) III-79

Table 91: Spanish Recent Past, Current and Future Analysis for Commercial Vehicles by Product Segment - Light Commercial Vehicles and Medium/Heavy Commercial Vehicles Independently Analyzed with Annual Production Figures in Thousand Units for Years 2014 through 2020 (includes corresponding Graph/Chart).............. III-80

Table 92: Spanish Historic Review for Commercial Vehicles by Product Segment - Light Commercial Vehicles and Medium/Heavy Commercial Vehicles Independently Analyzed with Annual Production Figures in Thousand Units for Years 2007 through 2013 (includes corresponding Graph/Chart) III-81

Table 93: Spanish 14-Year Perspective for Commercial Vehicles by Product Segment - Percentage Breakdown of Unit Production for Light Commercial Vehicles and Medium/Heavy Commercial Vehicles Segments for the Years 2007, 2015 and 2020 (includes corresponding Graph/Chart) III-82

4f. RUSSIA.............. III-83 A.Market Analysis.............. III-83 Current and Future Analysis..............III-83 Tough Times Projected for Russian Commercial Vehicles Market in Short to Medium Term Period III-83 Market Share Finding..............III-83 Table 94: Russian Heavy Truck Market (2013): Percentage Breakdown of Unit Sales by Leading Players (includes corresponding Graph/Chart)..............III-83 Product Launch.............. III-84 Strategic Corporate Development III-84 B.Market Analytics..............III-84 Table 95: Russian Recent Past, Current and Future Analysis for Commercial Vehicles with Annual Sales Figures in Thousand Units for Years 2014 through 2020 (includes corresponding Graph/Chart).............. III-84

Table 96: Russian Historic Review Analysis for Commercial Vehicles with Annual Sales Figures in Thousand Units for Years 2007 through 2013 (includes corresponding Graph/Chart) III-85

Table 97: Russian Recent Past, Current and Future Analysis for Commercial Vehicles by Product Segment - Light Commercial Vehicles and Medium/Heavy Commercial Vehicles Independently Analyzed with Annual Production Figures in Thousand Units for Years 2014 through 2020 (includes corresponding Graph/Chart).............. III-86

Table 98: Russian Historic Review for Commercial Vehicles by Product Segment - Light Commercial Vehicles and Medium/ Heavy Commercial Vehicles Independently Analyzed with Annual Production Figures in Thousand Units for Years 2007 through 2013 (includes corresponding Graph/Chart) III-87

Table 99: Russian 14-Year Perspective for Commercial Vehicles by Product Segment - Percentage Breakdown of Unit Production for Light Commercial Vehicles and Medium/Heavy Commercial Vehicles Segments for the Years 2007, 2015 and 2020 (includes corresponding Graph/Chart) III-88

4g. REST OF EUROPE.............. III-89 A.Market Analysis.............. III-89 Current and Future Analysis..............III-89 Turkey.............. III-89 Table 100: Turkish LCV Market (2013): Percentage Breakdown of Sales by Leading Players (includes corresponding Graph/Chart).............. III-89 Product Launches..............III-90 Key Players.............. III-90 B.Market Analytics..............III-92 Table 101: Rest of Europe Recent Past, Current and Future Analysis for Commercial Vehicles with Annual Sales Figures in Thousand Units for Years 2014 through 2020 (includes corresponding Graph/Chart)..............III-92

Table 102: Rest of Europe Historic Review for Commercial Vehicles with Annual Sales Figures in Thousand Units for Years 2007 through 2013 (includes corresponding Graph/Chart) III-92

Table 103: Rest of Europe Recent Past, Current and Future Analysis for Commercial Vehicles with Annual Production Figures in Thousand Units for Years 2014 through 2020 (includes corresponding Graph/Chart) III-93

Table 104: Rest of Europe Historic Review for Commercial Vehicles with Annual Production Figures in Thousand Units for Years 2007 through 2013 (includes corresponding Graph/Chart).............. III-93

5. ASIA-PACIFIC.............. III-94 A.Market Analysis.............. III-94 Current and Future Analysis..............III-94 Market Overview.............. III-94 Asia-Pacific Increases its Stake in CV Production III-94 Asian Truck Market - An Insight III-94 Key International and Domestic Truck Makers in Asia III-95 Key International Truck Makers in India III-95 Key International Truck Makers in China III-96 Major Industry Issues..............III-96 ASEAN - Emergence as a Powerful Economic Entity III-96 AFTA - Redefining ASEAN Automobile Markets III-96 Cultural Issues - A Major Trade Barrier III-96 B.Market Analytics..............III-97 Table 105: Asia-Pacific Recent Past, Current and Future Analysis for Commercial Vehicles by Geographic Region - Australia, China, India, Indonesia, Malaysia, South Korea, Taiwan, Thailand and Rest of Asia-Pacific Markets Independently Analyzed with Annual Sales Figures in Thousand Units for Years 2014 through 2020 (includes corresponding Graph/Chart).............. III-97

Table 106: Asia-Pacific Historic Review for Commercial Vehicles by Geographic Region - Australia, China, India, Indonesia, Malaysia, South Korea, Taiwan, Thailand and Rest of Asia-Pacific Markets Independently Analyzed with Annual Sales Figures in Thousand Units for Years 2007 through 2013 (includes corresponding Graph/Chart) III-98

Table 107: Asia-Pacific 14-Year Perspective for Commercial Vehicles by Geographic Region - Percentage Breakdown of Unit Sales for Australia, China, India, Indonesia, Malaysia, South Korea, Taiwan, Thailand and Rest of Asia-Pacific Markets for Years 2007, 2015 and 2020 (includes corresponding Graph/Chart).............. III-99

Table 108: Asia-Pacific Recent Past, Current and Future Analysis for Commercial Vehicles by Geographic Region - Australia, China, India, Indonesia, Malaysia, South Korea, Taiwan, Thailand and Rest of Asia-Pacific Markets Independently Analyzed with Annual Production Figures in Thousand Units for Years 2014 through 2020 (includes corresponding Graph/Chart)..............III-100

Table 109: Asia-Pacific Historic Review for Commercial Vehicles by Geographic Region - Australia, China, India, Indonesia, Malaysia, South Korea, Taiwan, Thailand and Rest of Asia-Pacific Markets Independently Analyzed with Annual Production Figures in Thousand Units for Years 2007 through 2013 (includes corresponding Graph/Chart) III-101

Table 110: Asia-Pacific 14-Year Perspective for Commercial Vehicles by Geographic Region - Percentage Breakdown of Unit Production for Australia, China, India, Indonesia, Malaysia, South Korea, Taiwan, Thailand and Rest of Asia-Pacific Markets for Years 2007, 2015 and 2020 (includes corresponding Graph/Chart).............. III-102

5a. AUSTRALIA.............. III-103 A.Market Analysis.............. III-103 Current and Future Analysis..............III-103 Industry Overview.............. III-103 Telematics Integration - A Major Draw for CV Manufacturers III-103 Product Launch.............. III-103 Strategic Corporate Developments III-104 B.Market Analytics..............III-104 Table 111: Australian Recent Past, Current and Future Analysis for Commercial Vehicles by Product Segment - Light Commercial Vehicles and Medium/Heavy Commercial Vehicle Segments Independently Analyzed with Annual Sales Figures in Thousand Units for Years 2014 through 2020 (includes corresponding Graph/Chart)..............III-104

Table 112: Australian Historic Review for Commercial Vehicles by Product Segment - Light Commercial Vehicles and Medium/Heavy Commercial Vehicle Segments Independently Analyzed with Annual Sales Figures in Thousand Units for Years 2007 through 2013 (includes corresponding Graph/Chart) III-105

Table 113: Australian 14-Year Perspective for Commercial Vehicles by Product Segment - Percentage Breakdown of Unit Sales for Light Commercial Vehicles and Medium/Heavy Commercial Vehicle Segments for the Years 2007, 2015 and 2020 (includes corresponding Graph/Chart) III-106

Table 114: Australian Recent Past, Current and Future Analysis for Commercial Vehicles by Product Segment - Light Commercial Vehicles and Medium/ Heavy Commercial Vehicle Segments Independently Analyzed with Annual Production Figures in Thousand Units for Years 2014 through 2020 (includes corresponding Graph/Chart) III-107

Table 115: Australian Historic Review for Commercial Vehicles by Product Segment - Light Commercial Vehicles and Medium/Heavy Commercial Vehicle Segments Independently Analyzed with Annual Production Figures in Thousand Units for Years 2007 through 2013 (includes corresponding Graph/Chart).............. III-108

Table 116: Australian 14-Year Perspective for Commercial Vehicles by Product Segment - Percentage Breakdown of Unit Production for Light Commercial Vehicles and Medium/ Heavy Commercial Vehicle Segments for the Years 2007, 2015 and 2020 (includes corresponding Graph/Chart) III-109

5b. CHINA.............. III-110 A.Market Analysis.............. III-110 Current and Future Analysis..............III-110 Chinese Automobile Market - Evolution III-110 WTO Accession Removes “Great Wall” of Trade Barriers III-110 The Focus of Global Manufacturers III-110 Current Scenario..............III-111 Chinese Heavy Duty Truck Market - An Overview III-111 Pickup Truck Market to Gain Momentum III-111 Robust Bus Sector Sustains Demand for Chinese Market III-111 Foreign Collaboration - Key to Future Growth III-111 Major Issues.............. III-112 WTO - Impact on Domestic Automotive Industry III-112 Government Regulations..............III-112 Scarcity of Quality Components and Skilled Labor Hinder Rapid Progress..............III-112 Role of the Government..............III-112 Entry of Foreign Players to Rewrite Competitive Dynamics III-113 Market Share Findings..............III-113 Table 117: Chinese Truck Market (1H 2014): Percentage Breakdown of Value by Segment - Heavy Truck, Light Truck, Medium Truck and Mini Truck (includes corresponding Graph/Chart).............. III-113

Table 118: Chinese Heavy Duty Trucks Market (2014): Percentage Breakdown of Sales by Leading Players - BAIC, Dongfeng, FAW, JAC, SAIC, Shaanxi, Sino Truck/CNHTC and Others (includes corresponding Graph/Chart) III-113

Table 119: Chinese Medium Duty Trucks Market (2014): Percentage Breakdown of Sales by Leading Players - Dongfeng, FAW, Foton, JAC Motors, Lifan, Qingling, Sinotruk and Others (includes corresponding Graph/Chart) III-114

Table 120: Chinese Pickup Trucks Market (H1 2014): Percentage Breakdown of Sales by Leading Players (includes corresponding Graph/Chart)..............III-114

Table 121: Chinese Bus Market (1H 2014): Percentage Breakdown of Value sales by Segment - Large Bus, Light Bus, Medium Bus and Mini Bus (includes corresponding Graph/Chart).............. III-114 Product Launches..............III-115 Strategic Corporate Developments III-115 Key Players.............. III-115 B.Market Analytics..............III-117 Table 122: Chinese Recent Past, Current and Future Analysis for Commercial Vehicles with Annual Sales Figures in Thousand Units for Years 2014 through 2020 (includes corresponding Graph/Chart)..............III-117

Table 123: Chinese Historic Review for Commercial Vehicles with Annual Sales Figures in Thousand Units for Years 2007 through 2013 (includes corresponding Graph/Chart) III-117

Table 124: Chinese Recent Past, Current and Future Analysis for Commercial Vehicles by Product Segment - Light Commercial Vehicles and Medium/Heavy Commercial Vehicles Segments Independently Analyzed with Annual Production Figures in Thousand Units for Years 2014 through 2020 (includes corresponding Graph/Chart) III-118

Table 125: Chinese Historic Review for Commercial Vehicles by Product Segment - Light Commercial Vehicles and Medium/Heavy Commercial Vehicles Segments Independently Analyzed with Annual Production Figures in Thousand Units for Years 2007 through 2013 (includes corresponding Graph/Chart).............. III-119

Table 126: Chinese 14-Year Perspective for Commercial Vehicles by Product Segment - Percentage Breakdown of Unit Production for Light Commercial Vehicles and Medium/Heavy Commercial Vehicles Segments for the Years 2007, 2015 and 2020 (includes corresponding Graph/Chart) III-120

5c. INDIA.............. III-121 A.Market Analysis.............. III-121 Current and Future Analysis..............III-121 Market Overview.............. III-121 Indian Market Attracting Domestic and Overseas Manufacturers III-122 Key Industry Issues and Trends III-122 Demand for Hybrid and Electric Commercial Vehicles Drive CV Market.............. III-122 Small and Light Commercial Vehicles Market in India to Witness Growth..............III-123 Indian Auto Players Track Growth Spurt in Small Truck Sector III-123 Erosion of Profit Margins..............III-123 Second-Hand Imports..............III-123 Regulatory Environment..............III-124 Implementation of Environmental Regulations to Drive Adoption of Technological Innovations III-124 National Highway Construction Increases HCV Demand III-124 Competitive Scenario..............III-125 Leading Players..............III-125 Statistical Findings..............III-125 Table 127: Indian Commercial Vehicles Market (2014E): Percentage Breakdown of Production by Leading Players (includes corresponding Graph/Chart) III-125

Table 128: Indian Commercial Vehicles Market (Q1 2015E): Percentage Breakdown of Volume Sales by Leading Players (includes corresponding Graph/Chart) III-126

Table 129: Indian Medium and Heavy Trucks Market (2014): Percentage Breakdown of Sales by Company (includes corresponding Graph/Chart) III-126

Table 130: Indian Medium and Heavy Buses Market (2014): Percentage Breakdown of Sales by Company (includes corresponding Graph/Chart) III-126

Table 131: Indian Commercial Vehicle Market (2014): Percentage Share Breakdown of Light Commercial Vehicle (Passenger Transport) by Company (includes corresponding Graph/Chart).............. III-127

Table 132: Indian Commercial Vehicle Market (2014): Percentage Share Breakdown of Light Commercial Vehicle (Goods Transport) by Company (includes corresponding Graph/Chart).............. III-127

Table 133: Indian Heavy Commercial Vehicles (>12 Tons) Market (2014): Percentage Breakdown by Leading Players (includes corresponding Graph/Chart) III-127 Foreign Manufacturers Face Stiff Competition from Domestic Manufacturers.............. III-127 Product Launches..............III-128 Strategic Corporate Development III-130 Tata Motors Ltd. - A Key Player III-131 B.Market Analytics..............III-132 Table 134: Indian Recent Past, Current and Future Analysis for Commercial Vehicles by Product Segment - Light Commercial Vehicles and Medium/Heavy Commercial Vehicle Segments Independently Analyzed with Annual Sales Figures in Thousand Units for Years 2014 through 2020 (includes corresponding Graph/Chart).............. III-132

Table 135: Indian Historic Review for Commercial Vehicles by Product Segment - Light Commercial Vehicles and Medium/Heavy Commercial Vehicle Segments Independently Analyzed with Annual Sales Figures in Thousand Units for Years 2007 through 2013 (includes corresponding Graph/Chart) III-133

Table 136: Indian 14-Year Perspective for Commercial Vehicles by Product Segment - Percentage Breakdown of Unit Sales for Light Commercial Vehicles and Medium/ Heavy Commercial Vehicle Segments for the Years 2007, 2015 and 2020 (includes corresponding Graph/Chart) III-134

Table 137: Indian Recent Past, Current and Future Analysis for Commercial Vehicles by Product Segment - Light Commercial Vehicles and Medium/Heavy Commercial Vehicle Segments Independently Analyzed with Annual Production Figures in Thousand Units for Years 2014 through 2020 (includes corresponding Graph/Chart)..............III-135

Table 138: Indian Historic Review for Commercial Vehicles by Product Segment - Light Commercial Vehicles and Medium/Heavy Commercial Vehicle Segments Independently Analyzed with Annual Production Figures in Thousand Units for Years 2007 through 2013 (includes corresponding Graph/Chart) III-136

Table 139: Indian 14-Year Perspective for Commercial Vehicles by Product Segment - Percentage Breakdown of Unit Production for Light Commercial Vehicles and Medium/ Heavy Commercial Vehicle Segments for the Years 2007, 2015 and 2020 (includes corresponding Graph/Chart) III-137

5d. INDONESIA.............. III-138 A.Market Analysis.............. III-138 Current and Future Analysis..............III-138 Market Overview.............. III-138 Automotive Market Classification III-138 Commercial Vehicles - Powering Industry Growth III-138 Imports and Exports: Auto Industry's Lifeline III-139 Competitive Scenario..............III-139 Table 140: Leading Players in the Indonesian CV Market (2013): Percentage Breakdown of Value Sales for Daihatsu, Daimler, Hino, Isuzu, Mitsubishi, Suzuki, Toyota and Others (includes corresponding Graph/Chart) III-139 B.Market Analytics..............III-140 Table 141: Indonesian Recent Past, Current and Future Analysis for Commercial Vehicles with Annual Sales Figures in Thousand Units for Years 2014 through 2020 (includes corresponding Graph/Chart)..............III-140

Table 142: Indonesian Historic Review for Commercial Vehicles with Annual Sales Figures in Thousand Units for Years 2007 through 2013 (includes corresponding Graph/Chart) III-140

Table 143: Indonesian Recent Past, Current and Future Analysis for Commercial Vehicles by Product Segment - Light Commercial Vehicles and Medium/Heavy Commercial Vehicles Independently Analyzed with Annual Production Figures in Thousand Units for Years 2014 through 2020 (includes corresponding Graph/Chart)..............III-141

Table 144: Indonesian Historic Review for Commercial Vehicles by Product Segment - Light Commercial Vehicles and Medium/Heavy Commercial Vehicles Independently Analyzed with Annual Production Figures in Thousand Units for Years 2007 through 2013 (includes corresponding Graph/Chart) III-142

Table 145: Indonesian 14-Year Perspective for Commercial Vehicles by Product Segment - Percentage Breakdown of Unit Production for Light Commercial Vehicles and Medium/Heavy Commercial Vehicles Segments for the Years 2007, 2015 and 2020 (includes corresponding Graph/Chart) III-143

5e. MALAYSIA.............. III-144 A.Market Analysis.............. III-144 Current and Future Analysis..............III-144 Industry Overview.............. III-144 Malaysian Commercial Vehicle Telematics Market III-144 Increasing Fuel Costs..............III-144 Malaysian Logistics and Trucking Businesses III-144 Increase in Awareness Levels..............III-145 Market Challenges..............III-145 Absence of Standardization III-145 Skepticism about Telematics Companies III-145 High Cost.............. III-145 Key Statistical Findings..............III-145 Table 146: Malaysian Commercial Vehicle Market (2013): Percentage Market Share Breakdown of Leading Players (includes corresponding Graph/Chart) III-145 Strategic Corporate Developments III-146 B.Market Analytics..............III-147 Table 147: Malaysian Recent Past, Current and Future Analysis for Commercial Vehicles with Annual Sales Figures in Thousand Units for Years 2014 through 2020 (includes corresponding Graph/Chart)..............III-147

Table 148: Malaysian Historic Review for Commercial Vehicles with Annual Sales Figures in Thousand Units for Years 2007 through 2013 (includes corresponding Graph/Chart) III-147

Table 149: Malaysian Recent Past, Current and Future Analysis for Commercial Vehicles with Annual Production Figures in Thousand Units for Years 2014 through 2020 (includes corresponding Graph/Chart)..............III-148

Table 150: Malaysian Historic Review for Commercial Vehicles with Annual Production Figures in Thousand Units for Years 2007 through 2013 (includes corresponding Graph/Chart) III-148

5f. SOUTH KOREA.............. III-149 A.Market Analysis.............. III-149 Current and Future Analysis..............III-149 Trucks Market - An Overview..............III-149 Market Share Findings..............III-149 Table 151: Korean Bus Market (2013): Percentage Share Breakdown of Revenues by Leading Players - Daewoo Bus, Hyundai and Kia (includes corresponding Graph/Chart) III-149

Table 152: Korean Truck Market (2013): Percentage Breakdown of Revenues by Leading Players - Hyundai, Kia and Others (includes corresponding Graph/Chart) III-150 Product Launch.............. III-150 Hyundai Motor Company - A Key Player III-150 B.Market Analytics..............III-151 Table 153: South Korean Recent Past, Current and Future Analysis for Commercial Vehicles by Product Segment - Light Commercial Vehicles and Medium/H

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Amrita

+1 718 303 2019

Purchase Reports From Reputable Market Research Publishers
The Global Market for Alternative Fuels for Commercial Vehicles

The Global Market for Alternative Fuels for Commercial Vehicles

  • $ 6 650
  • Industry report
  • April 2016
  • by BCC Research

This BCC Research report provides an understanding of the multiple alternative fuels for commercial vehicles, and the global market for those alternative fuels consumed by commercial vehicles. Forecast ...

Opportunity in the Indian Commercial Vehicles Market - 2016; Market size, Market share, Market landscape, Market trend analysis, Growth drivers, Future opportunity, Future forecast

Opportunity in the Indian Commercial Vehicles Market - 2016; Market size, Market share, Market landscape, Market trend analysis, Growth drivers, Future opportunity, Future forecast

  • $ 5 000
  • Industry report
  • April 2016
  • by Feedback Business Consulting

This report provides an insight into the Opportunity in the Indian Commercial Vehicles current market scenario, structure and practices. In depth market scenario includes; - Current market size estimates, ...

Strategic Overview of the Commercial Vehicle Market in Iran 

Strategic Overview of the Commercial Vehicle Market in Iran 

  • $ 4 950
  • Industry report
  • February 2016
  • by Frost & Sullivan

Strategic Overview of Commercial Vehicle Market in Iran : Iranian Commercial Vehicle Demand to Exceed 300 Thousand Units by 2022 With the lifting of sanctions, Iran is expected to be a major trade and ...

Turkey Autos Report Q1 2016

January 2016 $ 1 300

ref:plp2015

Reportlinker.com © Copyright 2016. All rights reserved.

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