Commercial Vehicles
Agricultural Machinery Market Thriving In 2021
From a global perspective, the COVID-19 pandemic had a dramatic effect on the commercial vehicle market as vehicle manufacturers and their suppliers cut back...
It may be the behemoth that carries the weight of the economy on its colossal shoulders, but historically the commercial auto sector has been more technology laggard than technology leader. Now, it’s at the beginning of a new era – that of electrification and autonomy. Shifts are happening fast, and they require a fundamental change of approach right across the ecosystem.
Buses, coaches, trucks, agricultural vehicles, forklifts and construction vehicles – the commercial auto sector is as broad as it is long. But every part is operating against the same backdrop of low emission zones and government regulation. Net zero targets are upon us. There has to be an investment in electrification – and that has significant knock on effects on production techniques, technology requirements, and cost.
While electrification of passenger vehicles is accelerating, uptake in the commercial sector is slower and more complicated. There are issues with uniformity, and of standardization. Engineers have not coalesced around a standard powertrain. And while similar issues of battery weight and range anxiety appear across the commercial vehicle sector, different vehicles have different demands. Design innovation will be key.
For governments, electrification is a huge priority; electric vehicles will run the roads sooner than we think. Companies in this sector must be hyper aware of the market shifts around them, so they can navigate now, and pre-empt the future.
At IA, we have more knowledge in this sector than anyone else. Our research combines feedback from the broadest range of stakeholders with sophisticated modelling techniques. No-one is better placed than us to give you not just the knowledge you need, but the insights and actions to create transformative results. To learn more, please contact us today.
From a global perspective, the COVID-19 pandemic had a dramatic effect on the commercial vehicle market as vehicle manufacturers and their suppliers cut back...
By Alastair Hayfield, senior research director at market research firm Interact Analysis This article was first published on the website of the Construction Equipment...
The drive to produce zero emission vehicles is intensifying as governments legislate in response to the climate crisis. While pure electric and hybrid solutions...
As part of our latest off-highway vehicle market report, our researchers at Interact Analysis present an insight into likely market performance in the earthmoving...
Interact Analysis recently produced its first report on Electrified Truck and Bus Powertrain Pricing and Architecture, which contains pricing information not available elsewhere. In...
Earlier this month, we updated the Interact Analysis global hybrid and electric truck and bus forecast to reflect the change of US administration, along...
As global economies continue to reel from the effect of the COVID-19 pandemic, the vaccine roll-out gives us reason for optimism. The talk now...
Get free up-to-date news and insights, written for forward-thinking businesses just like you.