PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Heavy-Duty Truck Market on the Verge of Increasing Global Platform Based Production - Nearly One in Four Heavy-duty Trucks Manufactured by 2018 to Feature Platform Based Lineage - Automotive.Frost.com
Heavy-Duty Truck Market on the Verge of Increasing Global Platform Based Production

 

NewswireToday - /newswire/ - London, United Kingdom, 2012/07/09 - Nearly One in Four Heavy-duty Trucks Manufactured by 2018 to Feature Platform Based Lineage - Automotive.Frost.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

After less than 10 years, since Western OEMs started entering 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 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 (automotive.frost.com), Strategic Analysis of Platform Strategies of Major Heavy-duty Truck Manufacturers, global heavy-duty truck production based on truck platforms is forecast to reach approximately 612,000 units by 2018, which would nearly double global platform based truck production levels in 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 HD OEMs headquartered in Europe, North America, China and India.

"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, Commercial Vehicle Research, Ananth Srinivasan. "Except for 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 per cent of all heavy-truck production of top-12 key global OEMs will be based on platforms. By the same year, 29 heavy-duty truck models globally will be based on global platforms. Half of the top 12 OEMs will in effect increase the number of dedicated global platforms, while the remaining half will rely heavily on the global platforms that are currently available. While the weighted average number of distinct platforms per OEM, which stands at 5, is declining, the weighted average number of global platforms per OEM, which stands currently at 2.1, is on the rise.

"Daimler, Volvo and MAN are expected to derive tremendous benefits from their investments in platform based truck production, while Scania will continue to excel in modular based truck production from a qualitative perspective and will continue to remain the leader in this field," Mr. Srinivasan continues. "In North America though, the success potential of such platforms is low due to the dominance of conventional designs." This is creating hurdles for European and Asian OEMs looking to bring global platforms into the region. However, such barriers are not preventing OEMs such as Daimler and Volvo to increasingly share technologies, components, modules and systems between global platforms and regional North American platforms, in areas ranging from powertrain to chassis, and safety technologies to telematics.

"Global platform development and execution may appear to be just a TRIAD OEM strategy to penetrate growth markets, reduce manufacturing costs and complexity in domestic and global markets, and enhance margins; but in reality this strategy is also being feverishly pursued by BRIC OEMs to develop truck models for both developing and developed markets." says Srinivasan . "A look into platforms of TATA, DongFeng, CNHTC, Foton, etc will show that platform-based models such as PRIMA, Tianlong, SITRAK, Howo, Auman GTL etc will play a much greater role in markets as diverse as Asia Pacific, Africa, Middle East and South America, and also hold the potential to enter European and North American markets by 2020."

As the global heavy-duty truck market embraces global platform strategies with open arms and looks to benefit from their effective execution, it will become imperative that OEMs do not remain myopic in developing these platforms for TRIAD and BRIC markets alone. Even if the BRIC markets are slowly approaching market maturity and TRIAD markets reach maturity, Next-11 and African markets are getting ready for takeoff. This makes it important for OEMs to encompass these potentially lucrative truck markets in developing global platform strategies for the next 10-20 years.

This press release summarises 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 to receive further information on the final report, please send an e-mail with your contact details to Katja Feick, Corporate Communications, at katja.feick[.]frost.com.

About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us: Start the discussion | Join Us: Join our community | Subscribe: Newsletter on "the next big thing" | Register: Gain access to visionary innovation.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Automotive/Trucking/RV articles,
CATCH Visitors via Your Competitors Announcements!


Heavy-Duty Truck Market on the Verge of Increasing Global Platform Based Production

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Frost & Sullivan |
Publisher Contact: Katja Feick 
+49(0)69 7703343 katja.feick[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Automotive/Trucking/RV via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Automotive/Trucking/RV Most Recent Related Newswires:

Voyages Emile Weber, Losch Luxembourg and MAN Collaborate on Emissions-free Public Transport System
Frost & Sullivan Announces Cooperation with Messe Frankfurt
The NEOPLAN Skyliner is Celebrating An Anniversary - 50 Years of The Double-decker Touring Coach
Hitachi Joins Shell Eco-marathon to Help #MaketheFuture
First MAN TGX PerformanceLine Edition Delivered - No 001 For BFS/Stegmaier Group
New Business Models and Service Expansion in European Automotive Aftermarket eRetail Strengthen Growth Opportunities Finds Frost & Sullivan
Vehicle Parc and Market Dynamics Transform KSA Automotive Aftermarket, Forcing Vendors to Change Their Business Approach
First MAN TGX EfficientLine 3 Goes to Spedition Hillert
NEOPLAN Tourliner Wins iF Design Award 2017
Field Testing the New MAN Six-cylinder Naturally Aspirated Engine for Cogeneration Systems
Turkish Medium- and Heavy-duty Truck Manufacturers to Increase Production Volumes and Quality to Meet Evolving User Demands Finds Frost & Sullivan
MAN Truck & Bus Begins Selling The TGE
MAN Joins CharIN
Connected Truck Telematics Providers Focus on Partnerships to Keep Pace with Digital Transformation Finds Frost & Sullivan
MAN and CNL to Bring eTrucks to Our Roads

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Intrinsic Executive Search Ltd

Visit  BizJobs.com





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)