Frost & Sullivan: Heavy-Duty Truck Market on the Verge of Increasing Dedicated Global Production Platforms

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• Publié par: frost-sullivan
• Nombre de lectures: 10
• Langue: English

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Frost & Sullivan: Heavy-Duty Truck Market on

the Verge of Increasing Dedicated Global

Production Platforms

PR Newswire

MOUNTAIN VIEW, California, July 10, 2012

- Nearly one in three trucks manufactured by 2018 to feature

platform based lineage

MOUNTAIN VIEW, California

,

July 10, 2012

/PRNewswire/ -- After less than 10

years, since Western original equipment manufacturers (OEMs) started

entering

Brazil

,

Russia

,

India

and

China

(BRIC) markets with serious intent, the

very face and structure of the global heavy-duty truck market has changed.

Markets considered an afterthought a few decades ago are now dictating the

course of global commercial vehicle demand and the growth of the industry.

Seismic changes shaping the global commercial vehicle industry have truly

flattened the world, where OEMs from both triad (

United States

, European

Union and

Japan

) and non-triad markets are aggressively competing for

sustainable and robust growth. As they begin developing growth strategies in

this flat-world eco-system, global platforms have emerged as a major

requirement for any OEM with strategic intent and hunger for global growth.

According to latest analysis by Frost & Sullivan

(http://www.automotive.frost.com),

Strategic Analysis of Platform

Strategies of Major Heavy-duty Truck Manufacturers

, global heavy-duty

truck production from global truck platforms is forecast to reach approximately

612,000 units by 2018, which would nearly double global platform-based truck

production levels from 2011. The study offers time and mission critical

research, analysis, forecast, competitive benchmarking, market opportunity

and supplier opportunity analysis associated with the global platform strategies

of major heavy-duty OEMs headquartered in

Europe

,

North America

,

China

and

India

.

This press release summarizes an analyst article outlining first results of Frost &

Sullivan's brand new research study entitled "

Strategic Analysis of Platform

Strategies of Major Heavy-duty Truck Manufacturers.

" If you are

interested in the full article outlining the research scope and definition of a

global truck platform, or would like more information on this research, please

send an email to Jeannette Garcia, Corporate Communications, at

[e-mail], with your full name, company name, title,

telephone number, company email address, company website, city, state and

country.

"The global heavy-duty truck market by and large was region focused till about

the middle of the last decade," explains Frost & Sullivan Senior Research

Analyst Ananth Srinivasan. "With the exception of a few European OEMs, such

as Daimler and Volvo, selling a share of trucks in non-triad markets, there was

not much local production or development related activity. Also, the local OEMs

from triad markets, although highly ambitious, had little to no opportunity of

selling trucks in foreign markets."

By 2018 however, an average 30 percent of all heavy-truck production of top-