Class 6 Trucks Market to exceed $29.6 Bn by 2032, Says Global Market Insights Inc.
Major class 6 trucks market participants include Freightliner, Mitsubishi Fuso Truck of America, Kenworth, Isuzu Commercial Truck of America, Peterbilt, Hino Trucks, Navistar International Truck, Mack Trucks, and Ford Motor Company
Selbyville, Delaware, Sept. 12, 2024 (GLOBE NEWSWIRE) —
The class 6 trucks market valuation is predicted to cross USD 29.6 billion by 2032, as reported in a
Prominent companies operating in the class 6 trucks market including are Freightliner, Mitsubishi Fuso Truck of America, Kenworth, Isuzu Commercial Truck of America, Peterbilt, Hino Trucks, Navistar International Truck, Mack Trucks, and Ford Motor Company.
The class 6 trucks industry is thriving, driven by significant company innovations and strategic efforts. Firms like Ford Motor Company and Freightliner are leading with advancements in fuel-efficient technologies and versatile designs, enhancing truck performance and sustainability. Their focus on meeting industry needs and regulatory standards is fueling market demand and shaping the future of Class 6 trucks.
In May 2024, Plug Power Inc., a leading innovator in hydrogen solutions for the green hydrogen economy, unveiled its latest advancement, a Class 6 medium-duty electric fuel cell truck. This new integration combined a commercial Class 6 chassis cab with Plug Power’s advanced ProGen fuel cell technology and an established electric propulsion system, creating a seamlessly integrated solution.
Partial chapters of report table of contents (TOC):
Chapter 1 Methodology & Scope
1.1 Research design
1.1.1 Research approach
1.1.2 Data collection methods
1.2 Base estimates and calculations
1.2.1 Base year calculation
1.2.2 Key trends for market estimates
1.3 Forecast model
1.4 Primary research & validation
1.4.1 Primary sources
1.4.2 Data mining sources
1.5 Market definitions
Chapter 2 Executive Summary
2.1 Industry 3600 synopsis, 2021 – 2032
Chapter 3 Class 6 Trucks Market Insights
3.1 Industry ecosystem analysis
3.2 Supplier landscape
3.2.1 Raw material suppliers
3.2.2 Automotive parts manufacturer
3.2.3 Automakers/Manufacturers (OEMs)
3.2.4 Technology providers
3.2.5 Dealers/Distributors
3.2.6 End-users
3.3 Profit margin analysis
3.4 Technology & innovation landscape
3.5 Patent analysis
3.6 Key news & initiatives
3.7 Regulatory landscape
3.8 Impact forces
3.8.1 Growth drivers
3.8.1.1 Surge in online shopping & e-commerce boom
3.8.1.2 The growing urbanization in cities demanding more freight activity
3.8.1.3 Technological advancements in in-vehicle technology
3.8.1.4 Rising demand from end-user industries
3.8.2 Industry pitfalls & challenges
3.8.2.1 High initial purchase price and ongoing operational costs
3.8.2.2 Strict government emission regulations.
3.9 Growth potential analysis
3.10 Porter’s analysis
3.11 PESTEL analysis
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About Global Market Insights Inc.
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
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