The truck manufacturing companies will be at the top position by 2010 if profitability is maintained.
India, Republic of (Press Release) July 21, 2008 --
The North American market for Class 8 trucks faces major challenges over the next five years. With an economy likely to be sluggish at best, a major change in emissions legislation due in 2010 and the increasing demands of a globalised truck manufacturing industry, any business involved in either the manufacture or the use of trucks will need to be at the top of the game if profitability is to be maintained.
The design and manufacture of commercial truck components has gradually evolved, resulting in longer-lasting parts. The increased lifetime for parts offsets some of the growth opportunity afforded by an increasing commercial truck population and its longer service lifespan.
The aftermarket must create additional value for truck owners by improving the original parts instead of simply replicating them. For instance, patented design innovations in the aftermarket have reduced the leakage in heat exchangers. By creating a better product, aftermarket manufacturers can convince truck owners and operators to upgrade their parts before they fail.
The report “North American Class 8 truck market, forecasts to 2013” endeavours to project market developments over the next five years through to 2013, taking into account the next protocol change due on 1 January 2010. It brings together opinions from and conversations with both sides of the demand and supply equation within the North American truck market.
Three five year forecast sets are presented, based on three different market scenarios - 'benign', 'optimistic' and 'severe'. In addition, the report examines the key legislative and related technical issues that will inevitably shape the market and dissects the strategies that the major truck OEMs and key engine suppliers are implementing to steer them through what could be difficult times.
Bharat Book Bureau provides strategic information tools to the executives, business analysts, and knowledge managers that will help them to probe into and support critical, timely business decisions and strategies. Bharat Book Bureau facilitates companies to take the lead of their industry with best practice business strategies and intelligence, through a unique combination of published reports, databases, country reports, company profiles and customized research services.
For further information kindly visit: http://www.bharatbook.com/detail.asp?id=77507
The design and manufacture of commercial truck components has gradually evolved, resulting in longer-lasting parts. The increased lifetime for parts offsets some of the growth opportunity afforded by an increasing commercial truck population and its longer service lifespan.
The aftermarket must create additional value for truck owners by improving the original parts instead of simply replicating them. For instance, patented design innovations in the aftermarket have reduced the leakage in heat exchangers. By creating a better product, aftermarket manufacturers can convince truck owners and operators to upgrade their parts before they fail.
The report “North American Class 8 truck market, forecasts to 2013” endeavours to project market developments over the next five years through to 2013, taking into account the next protocol change due on 1 January 2010. It brings together opinions from and conversations with both sides of the demand and supply equation within the North American truck market.
Three five year forecast sets are presented, based on three different market scenarios - 'benign', 'optimistic' and 'severe'. In addition, the report examines the key legislative and related technical issues that will inevitably shape the market and dissects the strategies that the major truck OEMs and key engine suppliers are implementing to steer them through what could be difficult times.
Bharat Book Bureau provides strategic information tools to the executives, business analysts, and knowledge managers that will help them to probe into and support critical, timely business decisions and strategies. Bharat Book Bureau facilitates companies to take the lead of their industry with best practice business strategies and intelligence, through a unique combination of published reports, databases, country reports, company profiles and customized research services.
For further information kindly visit: http://www.bharatbook.com/detail.asp?id=77507
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