- Get in Touch with Us
Last Updated: Apr 25, 2025 | Study Period: 2022-2027
In the most recent truck generation, technological innovation permitted a significant reduction in pollutants and increased fuel efficiency through new engines, tyres, lighter materials, and so on.
Euro 6 applies to new trucks, not the previous Euro classes, which are less efficient and pollute the environment. There is also no assurance that the earlier Euro criteria will be met in the long run.
Unlike barge or rail, road transport provides door-to-door service to virtually every site via a high-density network. Rail and barge are used by logistic service providers when transportation is neither affordable or practical: over long distances.
| S No | Overview of Development | Development Detailing | Region of Development | Possible Future Outcomes |
| 1 | Mitsubishi Fuso premieres the new light-duty Canter truck in Japan | The global premiere of the new light-duty Canter truck has been announced by Daimler Trucks Asia, one of Asia's major commercial vehicle manufacturers. | Japan | This would enhance better Technological Controls |
| 2 | HCL Tech signs multi-million-dollar deal with Japanâs UD Trucks | HCL Technologies will offer end-to-end IT modernization, including digital services, under the terms of the contract. | Japan | This would enhance better Technological Controls |
| 3 | Japan's Toyota, Isuzu, Hino join in truck technology tie up | Toyota, Isuzu, and Hino, three Japanese manufacturers, said on Wednesday that they are forming a commercial vehicle alliance to collaborate on electric, hydrogen, interconnected, including driver assistance capabilities. | Japan | This would enhance better Technological Controls |
| 4 | This Suzuki Jimny Converted Into a Monster Truck by Students in Japan | It was built as a part of a student project for the Tokyo Auto Salon in 2022. | Japan | This would enhance better Technological Controls |
| 5 | China's BYD, Japan's Hino Announce Electric Truck Venture | BYD Auto, a Chinese electric vehicle manufacturer, and Hino Motors, a Japanese truck manufacturer, announced on Wednesday that they are forming a joint venture to produce battery-powered trucks and buses. | Japan | This would enhance better Technological Controls |
The Volvo Group and Isuzu Motors have finalised a transaction in which Isuzu Motors purchased UD Trucks from the Volvo Group for a cash and debt-free enterprise value of JPY 243 billion. The strategic agreement between the two businesses in commercial vehicles, which aims to seize possibilities in the continuing industry transition, will now become live.
The transaction is expected to boost Volvo Group's operational income. The Volvo Group and Isuzu Motors have formed an alliance that is expected to last for many years.
The next phase of the alliance's work is to identify potential synergies in the sectors that it will cover. The Volvo Group and Isuzu Motors will establish a Joint Alliance Office in Japan and Sweden, which will be controlled by an Alliance Board made up of the Isuzu Motors President, the Volvo Group CEO, and other important leaders from both companies.
The Alliance has been agreed to have a minimum length and is designed to address the future potential and problems of the logistics industry, maximising value and advantages for both consumers and society.
Japan Truck Market is expected to gain market growth in the forecast period of 2020 to 2027. It is analyzed that the market is growing with a CAGR of XX.X% in the forecast period of 2020 to 2027 and is expected to reach USD XXXX million by 2027.
As original equipment manufacturers (OEMs) attempt to restart production by bringing heavy investments to the market, a significant number of factors are being implemented, including an increase in demand for powerful vehicles with higher carrying capacity to handle
weights and strong suspension systems, an increase in demand for fuel-efficient trucks, and strict laws and regulations related to carbon dioxide emissions. The severe emission regulations imposed by governments would fuel the significant market development in the hybrid electric category.
Polar Electro OY is a leading mobiliser of the various explorer oriented and fitness-oriented smartwatch requirements in the market. The Grit X Pro, featuring sapphire windshield as well as a sleek batteries, it's engineered for military-grade durability, and it comes with different
navigation services, always-on outdoors capabilities, and Polar's supreme education solutions. It boasts a long-lasting battery and Precision Prime OHR monitoring. Featuring built-in GPS as well as turn-by-turn directions, users will always know that users are moving and going.
Fossil Group is part of the component manufacture trending companies in the current industry. The Wear OS-enabled wearables are interoperable with both iPhone and Android phones. Google LLC owns the trademarks for Wear OS and other related brands.
Google's Wear OS is compatible with phones running the most recent versions of iOS or android. They offer enhanced connections having up to 4x distance and higher data transfer speeds than prior generations, resulting in speedier downloading.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2022-2027 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2022-2027 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2022-2027 |
| 21 | Product installation rate by OEM, 2022 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2022 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
© 2017-2025 Mobility Foresights Pvt Ltd. All rights reserved.