Introducing the H2Accelerate program to accelerate green hydrogen adoption and initiatives


DUBLIN, June 10, 2022 /PRNewswire/ — The “Annual Strategic Report – 2022 – Europe Top 6 Medium and Heavy Duty Truck Manufacturers – Daimler, Volvo, MAN, Scania, DAF and Iveco – Strategic Direction, Key Strategies and Plans, SWOT, Growth Trends and Opportunities, Market Outlook” the company profile was added to from offer.

The European medium and heavy-duty truck market is growing with booming order intake, freight volumes and rates, and robust fleet utilization levels, while facing modest headwinds in the form supply chain disruptions and bottlenecks, rising material costs and shortages of semiconductor chips.

The European medium and heavy-duty truck market is steadily recovering from the COVID-19 outbreak with booming order intake, robust freight volumes and rates and fleet utilization levels among operators who have reached pre-COVID-19 levels while facing modest headwinds in the form of continued COVID-19 pandemic challenges marked by supply chain disruptions and bottlenecks, shortages labor, rising material costs, limited freight capacity and shortages of semiconductor chips that continue to hamper the pace of the global recovery

The industry continues to make steady progress towards the development of a range of sustainable technologies focused on the long-term decarbonisation of transport, which remains the top priority, while continuing to develop innovative services and business models configured on connectivity and autonomy.

Efforts have been primarily driven by electrification, focused on both battery-electric and hybrid technologies, with the tipping point for electric trucks coming in 2022 with mass production and commercial deliveries of electric trucks commencing. by industry suppliers. Additionally, mass market production, introduction and adoption of hydrogen powered trucks, featuring hydrogen fuel cell propulsion systems, are likely in the 2030s.

In addition, the introduction of the H2Accelerate program by industry to accelerate the adoption of green hydrogen and initiatives such as the First Movers Coalition, aimed at reviving the scalability of sustainable technologies until the end of the decade in underway, are likely to further accelerate the impending energy transition to sustainable propulsion systems and technologies for the future

The rapid energy transition towards decarbonisation and sustainability, continued investment in infrastructure, in particular the launch of the EU’s main infrastructure investment under its global gateway strategy at the end of 2021 aimed at mobilizing and invest 300 billion euros through 2027 towards global infrastructure development in five key sectors, with 135 billion euros to be spent on infrastructure investment by the European Fund for Sustainable Development+ by 2027, strong demand from the commodities segment, apart from the current e-commerce boom, is collectively expected to provide significant growth opportunities for the short to medium term industry in the form of fleet replacements, expansions and recapitalizations, especially in a volatile crude oil price environment.

This is despite projections of a slowing global economic recovery in the near term due to uncertainty over the likely direction of the pandemic and rising inflation levels necessitating monetary policy tightening by central banks. Overall, trucking in Europe should maintain its cruising speed as well as its overall growth momentum in 2022

Against this backdrop, the 2022 edition of the report analyzes the overall strategy direction and provides a comprehensive overview and analysis of the strategies and plans being conceptualized and pursued by Europe Major manufacturers of medium and heavy trucks in the short and medium term

Extracts from the report:

  • Analysis of Daimler’s ambitious plan to achieve 60% market share in the global zero-emission vehicle (ZEV) market by 2030 and plans to produce only ZEVs by 2039
  • Daimler’s medium-term growth strategy aimed to increase profitability to more than 10% in the EU by 2025. In addition, plans for a rapid transition to sustainable technologies through deciphering the medium-term technology strategy Daimler term
  • Volvo’s rapid electrification of its truck portfolio, focus on service business growth and transformation plans Asia and North America key pillars of its medium-term growth strategy
  • Scania is preparing and investing heavily with a detailed plan and an ecosystem towards electrification while focusing on China as a growth catapult
  • Adoption of the collaborative path by industry behemoths; Daimler, Volvo & Traton, to accelerate the journey to electrification
  • The launch of the EU’s major infrastructure investment, as part of its global gateway strategy launched at the end of 2021, with 135 billion euros which will be dedicated to infrastructure investments globally by the European Fund for Sustainable Development + until 2027 is likely to support the construction and trucking industries in the medium term
  • Supply chain disruptions, continued shortages of semiconductor chips, the likely direction of the pandemic, and inflationary pressures in key markets could become potential speed bumps on near-term industry recovery momentum.

Main topics covered:

Section 1: Overview and Business Overview – Europe Top 6 medium and heavy truck manufacturers

  • Based
  • The head office
  • Activity area
  • Product portfolio
  • Income base
  • Market capitalization
  • Key leaders
  • Shareholding/Ownership structure

Section 2: Analysis of financial performance – Top 6 European industrial equipment suppliers

  • Revenue base and growth trend
  • Breakdown of revenues by key segments
  • Breakdown of revenues by geographic markets and key regions
  • Trend of gross profits and margins
  • Trend of operating profit and operating margin
  • Back on the sales trend
  • Profitability growth trend
  • Operating cash flow
  • R&D expenditure trend
  • CAPEX trend

Section 3: Strategic orientation – Among the 6 main European OEMs

Section 4: Key Strategies and Plans – Comprehensive Analysis of Strategies and Plans for OEMs in the Industry – Analysis Coverage

  • Product portfolio strategies and plans
  • Market specific strategies and plans
  • R&D strategies and plans
  • Growth strategies and plans
  • Business and corporate strategies and plans
  • Sales and marketing strategies and plans
  • Production/manufacturing strategies and plans
  • Financial strategies and plans
  • Acquisitions, strategic alliances and JV
  • Other Strategies and Strategic Initiatives

Section 5: SWOT Analysis

  • Assets to be valued
  • Weaknesses to work on
  • Opportunities to seize
  • Threats to deny and mitigate

Section 6: Key Trends

Section 7: Main issues, challenges and risk factors

Section 8: Global Medium and Heavy Duty Trucks Market – Force Field Analysis – Analysis of driving and restraining forces and their overall dynamics

  • Driving forces
  • Restraint forces

Section 9: Strategic Market Outlook

  • Emerging Market Scenario Analysis
  • Demand outlook for 2022
  • Growth projections for the European and global medium and heavy truck market
  • Overview of potential growth opportunities

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SOURCE Research and Markets


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