Latin American Commercial Vehicles Market, Forecast to 2023

LONDON, Dec. 21, 2017 /PRNewswire/ -- Download the full report: https://www.reportbuyer.com/product/5253696



The LATAM commercial vehicles market is experiencing a number of transformative shifts that are driven by social, economic, and technology disruptions impacting the region's logistics, primary economic activities, new regulations aiding for CV fleet renewal, new business models being adopted by OEMs and Tier 1 providers, as well as technology innovations reshaping the logistics industry. Notwithstanding the existing market challenges, Frost & Sullivan expects LATAM to record annual sales of more than 200,000 units by 2023.

This research service covers Argentina, Brazil, Chile, Mexico, Colombia, and Peru, and presents the key market trends, growth opportunities, transformational shifts, and market metrics. It also provides an analysis by new business models, powertrains, and top transformational shifts. The key market participants and detailed market outlooks in LATAM are discussed, and the key conclusions, recommendations, and Frost & Sullivan predictions for the market by 2023 are presented.

Research Scope:
The study covers the Latin American commercial vehicles market and its participants: OEMs, Tier 1 providers, telematics, and online freight brokering disruptors. The base year is 2016 and the study period 2015 to 2023.

The truck segments included are Medium Commercial Vehicles and Heavy Duty Trucks in selected LATAM countries: Argentina, Brazil, Chile, Colombia, Mexico and Peru. Competitive benchmarking analysis is done by fuel type, powertrain, OEMs, online and mobile freight brokering participants. The market size for 2016 is provided for each segment and forecast till 2023. It also features the market shares of leading competitors, which include Daimler (Mercedes-Benz, Freightliner, DongFenf), Paccar (Kenworth, DAF), International, GM, Ford, VW/MAN, Scania, Volvo, and Hyundai.

The study highlights industry challenges and growth drivers and restraints for the period, 2016–2023 and analyses the market from end-user and geographic perspectives. The research covers selected Latin American countries: Argentina, Brazil, Chile, Mexico, Colombia, and Peru.

The study also presents key market trends, growth opportunities, OEM strategies to compete with the rising Asian participants, the new business models being implemented, and macroeconomic implications for the market. It offers an analysis of current and future market trends affecting the region, including: digitisation, new powertrain options, engine and chassis platformisation, and other strategies offered by OEMs, as well as market disruptors and companies to watch out for in future. Finally, the study provides conclusions, growth opportunities, and strategic recommendations.

Key Questions this Study will Answer:
• What are the key trends and factors determining the demand for commercial vehicles in Latin America?
• Which are the top transformational shifts impacting the commercial vehicles market in Latin America?
• What are the key developments in the connected trucks market to watch out for during 2016–2023?
• What are the companies to watch out for in 2016 and in the future?
• How will digitisation and online and mobile freight brokering reshape the future of logistics in Latin America?
• What is the growth potential of the market? How will the demand for commercial vehicles shape up till 2023?

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