Menu

2.37 million powertrain units are expected to be sold globally by 2030 that will include 1.8 million units of diesel powertrain and 0.57 million units of xEV, finds Frost & Sullivan

Santa Clara, Calif. – May 10, 2021– Frost & Sullivan’s recent analysis, Truck OEM Strategies for GHG/CO2 Regulation Compliance, 2020-2030, finds that the adoption of stringent emission regulations across regions to safeguard the environment is a prominent factor transforming the commercial trucks industry. Original equipment manufacturers (OEMs) are exploring advanced internal combustion engine (ICE) concepts, energy recovery systems, advanced aerodynamics, and cutting-edge driver assistance systems to improve fuel efficiency. Globally, 2.37 million powertrain units are expected to be sold by 2030 that will include 1.8 million units of diesel powertrain, 0.57 million units of xEV (which includes hybrid, plug-in hybrid, battery-electric, and fuel cell electric vehicles), and natural gas powertrains.

For further information on this analysis, please visit: http://frost.ly/5m5.

“Innovation in environmental sustainability and digitization are taking center stage. As a result, connected, shared, autonomous, and electric (CASE) are driving the transformation in the commercial trucking industry,” said Saideep Sudhakar, Research Manager, Mobility Practice, Frost & Sullivan. “Among these, connected and shared, and are in the nascent stage. The next 5-7 years will foresee a strong proliferation of electric trucks. Autonomous will emerge in the next decade; however, the adoption of advanced safety systems is already acting as a precursor. This transformation toward CASE will help achieve a cleaner and safer environment.”

Sudhakar added: “In the wake of stringent fuel efficiency norms and greenhouse gas (GHG)/CO2 emissions regulations, OEMs are evaluating a combination of advanced engine combustion technologies and energy recovery strategies, spanning advanced aerodynamics, auxiliary electrification high-efficiency transmission, innovative driver assistance systems, and low rolling resistance tires.”

These changes in the commercial truck industry will present lucrative growth prospects for market participants, such as:

  • With strict emission regulations in various regions, advanced transmission, aerodynamics, advanced boosting, and auxiliary electrification will gain prominence in diesel trucks.
  • Modular EV platforms and flexible manufacturing will help OEMs adapt to the electrification trend.
  • European OEMs are shifting to vertically integrated engines and transmissions with proprietary turbochargers to attain precise control over engine mapping and vehicle drivetrain. Proprietary NG engines and EV platforms form a part of the OEMs’ powertrain diversification.

Truck OEM Strategies for GHG/CO2 Regulation Compliance, 2020-2030 is the latest addition to Frost & Sullivan’s Mobility research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Truck OEM Strategies for GHG/CO2 Regulation Compliance, 2020-2030

K3C6-18

 Media Contact:

Priya George,

Corporate Communications

P: +91 44 6681 4414

E: priyag@frost.com

http://www.frost.com

About Priya George

Priya is Manager, Corporate Communications - South Asia at Frost & Sullivan, with 10+ years of experience in PR and communications. She currently manages PR, events, social media and communications across all the sectors covered by Frost & Sullivan in South Asia.

Priya George

Priya is Manager, Corporate Communications - South Asia at Frost & Sullivan, with 10+ years of experience in PR and communications. She currently manages PR, events, social media and communications across all the sectors covered by Frost & Sullivan in South Asia.

Have Questions?

We have Answers.

Schedule a Complimentary Growth Pipeline Dialog™
with an Industry Expert

Call Frost & Sullivan Icon

877.GoFrost

(877.463.7678)

Email Frost & Sullivan

myfrost@frost.com

Frost & Sullivan Footer Logo

Powering Clients to a Future Shaped by Growth

Frost & Sullivan Twitter    Frost & Sullivan LinkedIn

Subscribe to the Growth
Opportunity Newsletter!
Share This
X