India Truck Freight Market 2022-2027
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India Truck Freight Market 2022-2027

Last Updated:  Apr 25, 2025 | Study Period: 2022-2027

INDIA TRUCK FREIGHT MARKET

 

INTRODUCTION

Freight trucks are used to transport  things from one place to another place by road.  

These trucks are strongly built vehicles to carry heavier loads. Freight trucks travel between Warehouses, Factories, Wholesalers and  Retailers in India.  At some point of time, everything is being transported interstate or overseas through freight trucks. India Truck Freight is major part of transportation.  

 

infographic-India Truck Freight Market, India Truck Freight Market Size, India Truck Freight Market Trends, India Truck Freight Market Forecast, India Truck Freight Market Risks, India Truck Freight Market Report, India Truck Freight Market Share

 

There are categories depending on the functionality and capability of the Freight Truck.

  1. Dry Van Freight Truck
  2. Flatbed Freight Truck
  3. Box Freight Truck
  4. Reefer Freight Truck
  5. Step Deck Freight Truck
  6. Tanker Freight Truck
  7. Semi-Trailer Freight Truck

 

Some of the advantages of Freight Truck are:

  • Door to Door service
  • Lesser damage in transit
  • Cost effective
  • Service in rural areas.
  • Suitable for short distances. 

 

INDIA TRUCK FREIGHTMARKET ACQUISITION

 

The purchase of Odyssey Fire Protection, LLC has been announced with pleasure by Pye-Barker Fire & Safety. The transaction was carried out by South Dakota's Rapid Fire Protection Group, a Pye-Barker brand.

 

With its headquarters in Wilmington, North Carolina, Odyssey Fire Protection, LLC is a company that specialises in creating, engineering, and installing fire sprinkler systems for class A high rises, shopping malls, industrial buildings, museums, theatres, fire stations, apartments, schools, hotels, churches, and healthcare facilities.

 

Operating in both North and South Carolina is Odyssey Fire. To guarantee the delivery of cutting-edge fire suppression systems, Odyssey makes significant investments in training staff members in cutting-edge technology and best practises.

 

The Pye-Barker Fire & Safety family of businesses, a fully integrated network of fire safety and alarm security services for the commercial sector, including Rapid Fire Protection Group.

 

For new building across the country, Rapid Fire Protection specialises in delivering fire suppression services. The executive team and highly skilled workers of Odyssey, including its co-founders Kevin Hommes and Eric Williams, will remain on board, and the company will carry on as usual with the addition of resources from Pye-Barker.

 

INDIA TRUCK FREIGHTMARKET SIZE AND FORECAST

The India Truck Freight Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2027, registering a CAGR of XX% from 2022 to 2027.

 

RECENT DEVELOPMENTS IN INDIA TRUCK FREIGHT MARKET

 

Sl. No.CompanyYearDevelopments
Ashok LeylandFeb, 2022
  • Ashok Leyland unveiled AVTR 4825 10*2 Tipper with Tandem Dummy Axle. 
Ashok LeylandMarch,

2022

  • Ashok Leyland planned to take a lead on AI-enabled autonomous vehicles. 
Eicher MotorsMarch, 2022
  • Eicher Motors’ VE Commercial vehicle sold 5,856 units of vehicles in Feb, registering a rise of 7.3% Y-o-Y from Feb,2021
Mahindra and MahindraSept, 2021
  • Mahindra and Mahindra launched FURIO 7 range of LCV Trucks. 
Volvo TrucksMarch, 2022
  • Volvo Trucks received an order of 50 Volvo VNR Electric Trucks for WattEV’s Truck-as-a-Service Startup.

 

COMPANY PROFILES

 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. What is the average selling price in the India Truck Freight Market right now and how will it change in the next 5-6 years? 
  2. Market share of India Truck Freight Market  service providers  and their upcoming services.
  3. Cost advantage for OEMs who manufacturers India Truck Freight Market  in-house
  4. 5 key predictions for the next 5 years in the India Truck Freight Market.
  5. Latest trends in India Truck Freight Market, by every market segment
  6. The market size (both volume and value) of India Truck Freight Market in 2022-2027 and every year in between
  7. Global production breakup of India Truck Freight Market, by suppliers and their OEM relationship.
  8. What is happening overall in the India Truck Freight Market.
  9. Who are the major players in the India Truck Freight Market?
  10. What are the business opportunities in the India Truck Freight Market?
  11. What is the target group ?
  12. What are the strategies for the India Truck Freight Market in the next 5 years?

 

Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2022-2027
18Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027
19Market Segmentation, Dynamics and Forecast by Application, 2022-2027
20Market Segmentation, Dynamics and Forecast by End use, 2022-2027
21Product installation rate by OEM, 2022
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2022
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix