Latest posts by Alastair Hayfield (see all)
- Cities and internet reshaping the global truck market - March 1, 2018
- Medium Heavy Commercial Vehicle Sales Forecast – 2018 - February 20, 2018
- Americas Commercial Vehicle Sales To Grow 10% in 2018 - February 19, 2018
An analysis of the global medium and heavy commercial vehicle market.
Commercial vehicles – those used for transporting goods or people – are the backbone of every economy. Historically, the commercial vehicle market has changed relatively slowly: fleet owners are typically cost conscious and slow to adopt new technologies. However, with increasing vehicle connectivity, automation and electrification, the pace of change is accelerating in the commercial vehicle market.
Existing forecast providers are focused on consensus, not accuracy. Interact Analysis thinks there is an opportunity to better support the commercial vehicle market. Existing forecasts are based on simplistic models: seasonality and economic growth are the two dominant factors used by forecast providers to project the market forward.
This new service from Interact Analysis aims to better assess the global medium and heavy commercial vehicle market. With country level forecasts, by brand, by weight and vocation out to 2022, this is truly comprehensive sales forecast that integrates detailed technological and industry factors.