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2021 Report on the Global Top 7 Medium & Heavy Truck Manufacturers - Daimler, Volvo, MAN, Scania, PACCAR, Navistar and Iveco -

·3-min read

DUBLIN, September 23, 2021--(BUSINESS WIRE)--The "Comparative SWOT & Strategy Focus - 2021-2025 - Global Top 7 Medium & Heavy Truck Manufacturers - Daimler, Volvo, MAN, Scania, PACCAR, Navistar, Iveco" report has been added to's offering.

The Global Trucking industry has been in the recovery mode following the significant headwinds caused by the COVID-19 outbreak in 2020

Companies Mentioned

  • Daimler AG

  • Volvo AB

  • MAN SE

  • Scania AB

  • PACCAR Inc.

  • Navistar International Corporation

  • Iveco S.p.A.

COVID-19 led to declining volumes as well as profitability across OEMs with recovery seen in the later part of the year led by the unprecedented surge in e-commerce. The industry, however, continues to register steady recovery in 2021 while making steady progress towards development of sustainable technologies geared towards de-carbonization of transportation. The efforts have primarily been led by battery electric & fuel cell technologies with the tipping point for electric trucks likely to come over near term with serial assembly of electric trucks scheduled to commence across trucking behemoths, Daimler & Volvo, joined by VW's Traton and PACCAR, with a bevy of start-ups, led by Tesla, following suit. Further, mass market production & introduction of hydrogen powered trucks across Europe by 2030, too, is in the pipeline under the H2Accelerate initiative by the industry. The rapid move towards de-carbonization & sustainability has also led to a spike in M&A activity as well as JVs & partnerships amongst leading industry players with the same likely to see a further uptick going forward

The Trucking industry & market landscape continue to be disrupted at a rapid pace by the triad of Connectivity, Autonomous and Electric technologies

Further, a multitude of technology-led industry start-ups have been accelerating & catalyzing the pace of technology-led market disruption through the rolling out of new business models, ideas, solutions & concepts. These are likely to pose a serious challenge to traditional industry incumbents which also have been facing increasing competitive intensity, especially from VW, given Traton's continued & rapid inorganic expansion spree over the years with the hallmark being VW's latest invasion of the North American truck market following the completion of Navistar's acquisition aimed at effective diversification of market presence beyond continental Europe

Against this backdrop, the report provides a comprehensive Comparative SWOT & Strategy Focus Analysis on the World's Top 7 medium & heavy truck manufacturers. The report analyzes as to how the key industry OEMs are positioned, based on their Strengths & Weaknesses, and are gearing up for the highly dynamic & rapidly evolving agriculture market landscape with reference to the emerging Opportunities and potential Threats.

Key Topics Covered:

Section - 1 Business Structure & Snapshot - World's 7 Leading Medium & Heavy Truck Manufacturers

Section - 2 Financial Performance Snapshot & Analysis - Charts & Analysis for each Company:

Section - 3 SWOT Analysis

Section - 4 Comparative Analysis of Strengths

Section - 5 Comparative Analysis of Weaknesses

Section - 6 Strategy Focus across OEMs - Near to Medium Term - For the 7 Leading Medium & Heavy Truck Manufacturers

Section - 7 Analysis of Key Strategies & Plans for the 7 Leading Truck OEMs - Near to Medium Term

Section - 8 Key Trends

Section - 9 Key Issues, Challenges & Risk Factors

Section - 10 Global Medium & Heavy Truck Market - Force Field Analysis - Analysis of Driving & Restraining Forces and their Overall Dynamics

Section - 11 Global Medium & Heavy Truck Market - Strategic Outlook through 2026

For more information about this report visit

View source version on

Laura Wood, Senior Press Manager
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