Tuesday, 21 June 2016

US truck vertical integration set to grow

Last year, diesel engines made up 98.5 per cent of the North American Class 8 vehicle market, but this dominance is forecast to lessen by 2021, claims Americas Commercial Transportation (ACT) Research and Rhein Associates.

“We see captive engines gain in market share, as in-house models increase and displacements are reduced,” said Ken Vieth senior partner of ACT.
“While we don’t expect a complete reversal by 2021, the industry is certainly going through a transition. Diesel dominates, but the share will narrow, and non-captive engines are likely to decline, barring any unforeseen circumstances,” Vieth added.
The N.A. On-highway CV Engine Outlook present historical trends, current activity and forecasts of engine demand in on-highway commercial vehicles. The report analyses significant trends in engine displacement, engine type (diesel, gasoline, natural gas, and other), captive versus non-captive engines, and premium versus non-premium power for Class 8 vehicles.
“This new report details current and future OEM offerings, the engine-related regulations in the pipeline and the impact of these regulations on the market, as well as our forecast for the North American commercial vehicle engine industry through 2021,” said Tom Rhein, president of Rhein Associates.
Rhein added, “For instance, the Class 8 production was split 75.5 per cent tractor to 24.5 per cent truck in 2015, but we expect the truck share to grow as explained in the report.”
“With the impending GHG Phase Two regulations and growth of vertical integration across the supply chain, and with the constant push for engine efficiencies and reduced emissions simultaneously, now seemed like the time to apply our models and expertise collaboratively to provide intelligence unlike any other available,” added Vieth.


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