Global Sales of MD/HD Vehicles Are Forecast To Total 4.2 Million Units In 2021

Suppliers are expected to benefit from rising global manufacturing and construction activity

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Sep 20, 2017, 12:33 ET

CLEVELAND, Sept. 20, 2017 /PRNewswire/ -- Global sales of medium- and heavy-duty vehicles (MD/HD) vehicles are forecast to total 4.2 million units in 2021, according to Global Medium- & Heavy-Duty Vehicles, a report recently released by Freedonia Focus Reports. Suppliers are expected to benefit from rising global manufacturing and construction activity, which will spur demand for truck freight services and associated MD/HD trucks. Ongoing technological developments in MD/HD trucks and buses (such as higher fuel efficiency levels) will drive replacement demand.

More information about the report is available at
https://www.freedoniafocusreports.com/Global-Medium-Heavy-Duty-Vehicles-FW85014/

Asia/Pacific is expected to remain the leading region in terms of sales. Notably, sales in India to 2021 are projected to rise at nearly twice the growth rate expected for China. Manufacturing and construction activity and retail sales in India are forecast to outpace growth in China as well as the regional average.

These and other key insights are featured in Global Medium- & Heavy-Duty Vehicles: United States. This report forecasts global sales, production, and park in 2021 for MD/HD vehicles by global region in units. Regions include:

Asia/Pacific
North America
Western Europe
Other Regions

In addition, for the three main regions, sales, production, and park by major country are forecast to 2021.

To illustrate historical trends, global sales, production, and park by major region are provided in annual series from 2006 to 2016. For the three main regions, sales, production, and park by major country are provided for 2006, 2011, 2016, and 2021.

About Freedonia Focus Reports
Each month, The Freedonia Group – a division of MarketResearch.com – publishes over 20 new or updated Freedonia Focus Reports, providing fresh, unbiased analysis on a wide variety of markets and industries. Published in 20-30 pages, Focus Report coverage ranges from raw materials to finished manufactured goods and related services such as freight and construction. Additional Industrials reports can be purchased at Freedonia Focus Reports or MarketResearch.com.

Analysis is intended to guide the busy reader through pertinent topics in rapid succession, including: