세계의 중량물 운반 트럭 시장(2024-2031년)

Heavy Haul Truck Market Size, Share & Trends Analysis Report by Type (Diesel, Natural Gas, and Hybrid Electric), by Trailer (Flatbed, Lowboy, and Step-deck), and by Application (Mining, Construction, and Agriculture), Forecast Period (2024-2031)

Heavy haul truck market is anticipated to grow at a CAGR of 5.5% during the forecast period (2024-2031). Heavy haul trucking transports oversized items such as industrial machinery, military or farming equipment, and construction materials. A major factor supporting the market growth is the increasing integration of smart technologies to bolster investments in the heavy haul truck market. Furthermore, Advanced Driver-Assistance Systems (ADAS) like lane departure warnings, blind spot detection, and collision mitigation systems are being integrated into trucks to prevent accidents, protect drivers, and reduce downtime also driving the market growth.

Market Dynamics

Growing Shift towards Sustainability

The global heavy haul truck market is experiencing a paradox as it faces a growing shift towards sustainability. Governments are implementing stricter regulations to curb air pollution and greenhouse gas emissions, pushing manufacturers to develop cleaner and more efficient vehicles. This has led to advancements in diesel engine technology, such as selective catalytic reduction and exhaust gas recirculation systems. However, this pressure is driving innovation and pushing the industry towards alternative fuel options like hydrogen and electric powertrains. For instance, in April 2024, a new $15.0 million long haul truck sales, service, and rental facility, with a focus on zero-emission vehicles, opened in Kelowna. Velocity Truck Centers, the owner of First Truck Centre in West Kelowna, opened this facility at Kelowna International Airport. The industry is also investing in research and development of next-generation sustainable solutions, such as hydrogen fuel cells and electric battery technology.

Increasing Transportation Activities

Globally, the heavy haul truck market is driven by the increasing demand for specialized vehicles in various sectors. Construction projects, raw material extraction, wind turbine manufacturing, and large-scale product movement all require efficient transportation of oversized and cumbersome cargo. Heavy haul trucks are essential for these tasks, as regular trucks struggle to handle the oversized loads. The booming e-commerce sector and consumer goods demand also require efficient transportation of large quantities of products across vast distances. As these transportation needs continue to grow, the demand for heavy haul trucks is expected to maintain its upward trajectory in the global market.

Market Segmentation

• Based on type, the market is segmented into diesel, natural gas, and hybrid electric.
• Based on the trailer, the market is segmented into flatbed, lowboy, and step-deck.
• Based on application, the market is segmented into mining, construction, and agriculture.

Diesel is Projected to Emerge as the Largest Segment

The diesel segment is expected to hold the largest share of the market due to its powerful engines, superior range, reliability, and extensive infrastructure. Diesel engines are known for their ability to haul massive loads over long distances, minimizing refueling stops and ensuring timely deliveries. The global network of gas stations for diesel fuel is well-established, providing easy access to diesel for trucks. Advancements in diesel engine technology address emissions issues, allowing operators to comply with stricter regulations while still benefiting from diesel power. Despite alternative fuel options like electric and hydrogen, diesel is expected to maintain its dominant position in the market.

Construction Segment to Hold a Considerable Market Share

Globally, there is a constant need for construction of roads, bridges, buildings, and other infrastructure projects. Heavy haul trucks are essential for the construction sector due to their versatility in handling large quantities of materials like concrete, steel beams, and heavy machinery. They are used for various applications, such as road construction, prefabricated building components, and high-rise developments. The global trend towards urbanization and investing in infrastructure upgrades fuels the demand for heavy haul trucks. Construction projects operate year-round, requiring specialized equipment like excavators, dump trucks, and concrete mixers. The demand for heavy haul trucks is tied to specific project phases or resource extraction cycles. For instance, in June 2023, according to the U.S. Department of the Treasury public spending on highways and streets has increased by about 13.0%, as the Infrastructure Investment and Jobs Act (IIJA) funds roads, bridges, and major projects with over $110.0 billion over five years.

Regional Outlook

The global heavy haul truck market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America).

North American Countries to Invest in Heavy Haul Truck

• Stringent emissions regulations in Canada have pushed manufacturers to innovate and invest in electric and hybrid heavy-duty trucks.
• The US's robust economic growth and a flourishing e-commerce industry continue to drive the demand for heavy-duty trucks, particularly for long-haul freight transportation.

Asia-Pacific Holds Major Market Share

Asia-Pacific holds a significant share owing to the region experiencing a surge in industrial activity, with countries like China and India leading the charge. This growth necessitates the transportation of large-scale equipment and raw materials, driving the demand for heavy haul trucks. Governments are investing heavily in infrastructure projects, such as roads, bridges, and power plants, which require heavy haul trucks for transporting construction materials and equipment. Economic growth in APAC nations has led to an increase in disposable income, resulting in a rise in demand for consumer goods. Heavy haul trucks are crucial for long-distance freight movement, supporting various industries and contributing to the overall market size.

The region is rich in natural resources like iron ore, coal, and timber, which need to be transported from extraction sites to processing facilities over long distances. Governments in some APAC countries are developing regulations for heavy haul trucks, creating a structured environment for their operation and fostering investment in the sector. Improvements in road infrastructure, such as wider lanes and stronger bridges, further support the safe and efficient operation of heavy haul trucks. The APAC market offers a readily available workforce with competitive wages, making it a significant advantage for companies looking to optimize operational costs. Domestic manufacturers are also producing heavy haul trucks, offering cost-effective alternatives to imported models.

Market Players Outlook

The major companies serving the global heavy haul truck market include Ford Motor Company, General Motors, Hino Motors, Ltd., Traton Group, and Volvo Group, among others. The market players are increasingly focusing on business expansion and product development by applying strategies such as collaborations, mergers and acquisitions to stay competitive in the market. For instance, in September 2023, IMC, the largest marine drayage provider in the nation, made a substantial investment of over $3.0 million in new equipment for the Gulf Coast region. The company acquired a fleet of 20 new lightweight international trucks to support the expansion of their heavy haul drayage services in the Houston market.

Table of Contents

1. Report Summary

• Current Industry Analysis and Growth Potential Outlook
• 1.1. Research Methods and Tools
• 1.2. Market Breakdown
  • 1.2.1. By Segments
  • 1.2.2. By Region

2. Market Overview and Insights

• 2.1. Scope of the Report
• 2.2. Analyst Insight & Current Market Trends
  • 2.2.1. Key Market Trends
  • 2.2.2. Recommendations
  • 2.2.3. Conclusion

3. Competitive Landscape

• 3.1. Key Company Analysis
• 3.2. Ford Motor Company
  • 3.2.1. Overview
  • 3.2.2. Financial Analysis
  • 3.2.3. SWOT Analysis
  • 3.2.4. Recent Developments
• 3.3. General Motors
  • 3.3.1. Overview
  • 3.3.2. Financial Analysis
  • 3.3.3. SWOT Analysis
  • 3.3.4. Recent Developments
• 3.4. Tata Motors Limited
  • 3.4.1. Overview
  • 3.4.2. Financial Analysis
  • 3.4.3. SWOT Analysis
  • 3.4.4. Recent Developments
• 3.5. Key Strategy Analysis

4. Market Segmentation

• 4.1. Global Heavy Haul Truck Market by Fuel Type
  • 4.1.1. Diesel
  • 4.1.2. Natural Gas
  • 4.1.3. Hybrid Electric
  • 4.1.4. Others
• 4.2. Global Heavy Haul Truck Market by Trailer
  • 4.2.1. Flatbed
  • 4.2.2. Lowboy
  • 4.2.3. Step-deck
• 4.3. Global Heavy Haul Truck Market by Application
  • 4.3.1. Mining
  • 4.3.2. Construction
  • 4.3.3. Agriculture
  • 4.3.4. Freight and Logistics

5. Regional Analysis

• 5.1. North America
  • 5.1.1. United States
  • 5.1.2. Canada
• 5.2. Europe
  • 5.2.1. UK
  • 5.2.2. Germany
  • 5.2.3. Italy
  • 5.2.4. Spain
  • 5.2.5. France
  • 5.2.6. Rest of Europe
• 5.3. Asia-Pacific
  • 5.3.1. China
  • 5.3.2. India
  • 5.3.3. Japan
  • 5.3.4. South Korea
  • 5.3.5. Rest of Asia-Pacific
• 5.4. Rest of the World
  • 5.4.1. Latin America
  • 5.4.2. Middle East & Africa

6. Company Profiles

• 6.1. Daimler Truck North America LLC
• 6.2. Dongfeng Motor Company
• 6.3. Eicher Motor Limited
• 6.4. Hino Motors, Ltd.
• 6.5. Isuzu Motors India Private Limited
• 6.6. Iveco Group
• 6.7. Mack Trucks, Inc.
• 6.8. MHS Truck & Bus
• 6.9. Mitsubishi Electric Group
• 6.10. Navistar, Inc.
• 6.11. PACCAR Inc.
• 6.12. Ram Trucks
• 6.13. Scania CV AB
• 6.14. Traton Group
• 6.15. Volvo Group
• 6.16. Youngstown Kenworth