Indian Heavy Truck Market Forecast

ACG expects that Indian Heavy Duty Truck Market started to register growth in the third quarter of CY 2021. The latest development of the construction, Mining Industry, and manufacturing expected growth prepare some ground to support the Tipper segment and Tractor segment.

Key highlights of the report:

• Pan Indian and State level Volume forecast
• Truck Type – GVW and body type
• Premium, Budget segment Analysis – Key Products, Market share, USP, etc
• Challenges and Opportunities
• OEM Strategy Analysis
• Customer insight – Their sales plan for next year
• Coal, limestone, Iron ore, OB, Real estate, Logistic, and Infrastructure Construction
• Tender Analysis
• Mapping Customer / Project for Truck sales
• Other Equipment like new, imported, Lease, Rental, and used
• Equipment fleet operators
• Business Operations of fleet operators
• AMC offering by OEMs
• Replacement cycle
• Truck age based on uses and type
• Vehicle prices and discount
• Running or coming up the project – Project size, Ownership, types of project
• Fleet portfolio of Contractor
• States of mines and the required number of the vehicle for operation
• Key strategic contractors/customers