China Truck Strategy Model level Analysis is our exclusive analysis. China is the largest single market in Commercial vehicle segment. The Chinese Low-end segment market is dominated by local brands, Mid end Segment is dominated by Chinese & JV Brands and premium truck and Bus segment is dominated by European players or JV between Chinese and European OEMs. We expect the interesting trend in the Chinese market that Chines brands are improving their quality at a fast pace to control high budget and premium market segment.
Key Trend and Drivers of China Truck Market:
China Truck TCO Analysis:
Some of the factors which are going to define market movements are OEMs organization, Dealer network, rich and suitable product portfolio, FinncialLocal production, Research, and Development Financial support and Digital technology.
Key Highlights of Report: Exclusive Analysis
OEMs Challenges:
Total market size of Long haul tractor 220,00 to 370, 000 units by 2025. Long haul vehicle is the largest segment with the price range of 60,000 to 65,000 Euro estimate market size is 250,000 units. Low-End Tractor market size moved from 80,000 to 1,000 units with the price tag of 35,000 to 38,000 Euro and High-End premium market will move from 1,000 to 140,000 units with the price range of more than 80,000 Euro.
In short period of time, the Chinese market is likely to become more similar to that of European markets.
Some key strategic issues are OEM are facing like Portfolio Blueprint, Brand attributes for each brand, Optimize position with time, Define products specs to each brand and its perception. OEMs also needs to offer digital tool to help them to take buying decision, Network, and product information
Key Topics Covered:
Companies included in the report:
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