The unprecedented impact of COVID-19 on the transportation industry will be felt at varying degrees of intensity throughout 2020 and even through 2022, for certain sectors. Find out what it can mean for any of our six vehicle categories in the latest update of PTR’s Commercial & Off-highway Vehicle (COHV) market analysis.
Top Market Players – 2019 All Fuel Types
Trucks
1.Daimler Group (23%)
2.Volvo Group
3.PACCAR Inc.
Agriculture
1.Deere & Company (23%)
2.Kubota Corp.
3.CNH Industrial
Light Commercial Vehicles
1.General Motors (10%)
2.Ford Motor Corp.
3.Volkswagen Group
Construction
1.Caterpillar Inc. (18%)
2.Komatsu Ltd.
3.Sany Heavy Industry
Forklift
1. Toyota Group (28%)
2. Kion Group.
3. Jungheinrich AG
Buses/Coaches
1. Zhengzhou Yutong (11%)
2. Xiamen King Long
3. Daimler Group
The following figure shows the top three market players in each segment. The market share of the top company in all segments decreased except for the agriculture and buses segment in 2019.
More about our Commercial & Off-Highway Vehicles Market Analysis
Contact:
Mike Sheppard – Lead Analyst Commercial & Off-Highway Vehicles Service
Rabail Saeed – Client Relationship Manager