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ACT Research: Class 8 Production to Grow in 2019, Diesel Power Still Dominating, and Truck Demand More Stable Than Tractors

Posted by Jennifer McNealy on May 30, 2019 12:27:31 PM

According to the recently released N.A. Commercial Vehicle On-Highway Engine OUTLOOK, published by ACT Research and Rhein Associates, Class 8 production is expected to continue growing in 2019, before an anticipated drop late in the year and into 2020. Diesel is still the dominate power source and vocational truck demand is more stable than tractors demand.

Seminar55_142Tom Rhein, President of Rhein Associates commented, “Trucks are the primary application of engines under 10L, with the proportion closely following truck production. Although there is an industry trend to smaller displacement engines, movement from premium over 10L engines to lower durability engines under 10L engines is limited.” Regarding Classes 5-7, Rhein said, “In marked contrast to heavy duty Class 8 trucks, medium duty demand is forecast to remain at a high level, with minimal annual fluctuations. For this segment of the commercial vehicle industry, trucks remain the dominant category, approximately 74% of the Classes 5-7 total.”

ACT Seminar 56_60Further, Kenny Vieth, President and Senior Analyst at ACT Research, noted, “Diesel power is under attack long-term for use in on-highway commercial vehicles. Alternative power is being developed, tested, and refined, even as diesel engines are transitioning to become more fuel efficient and clean. Emission regulations are one of the main drivers of alternative fuel adoption, which is why the Engine OUTLOOK includes a section on the commercial vehicle regulatory environment.”

The latest NA On-Highway Engine OUTLOOK published by ACT Research and Rhein Associates highlights power-source activity for CV GVWs 5-8, including five-year forecasts of engines volumes and product trends. The Engine Outlook ties to the detailed NA CV vehicle forecasts published monthly by ACT in the NA OUTLOOK.

Rhein Associates is a major supplier of powertrain information to worldwide clients enabling accurate and informed business decisions and marketing plans. Rhein produces 3 major publications: The Rhein Report (leading monthly newsletter), The Future of Diesel Engines (5-year history and forecast book), and various engine databases. http://www.rheinreport.com/

ACT Research is recognized as the leading publisher of commercial vehicle truck, trailer, and bus industry data, market analysis and forecasting services for the North American and China markets. ACT’s analytical services are used by all major North American truck and trailer manufacturers and their suppliers, as well as banking and investment companies. More information can be found at www.actresearch.net.

Click here for more information about ACT’s N.A. On-Highway CV Engine OUTLOOK.

Seminar-56-Collage-1ACT’s 61st seminar is scheduled for August 12-14, 2019, and will feature a dealer panel, as well as discussions on near-term demand of North American commercial vehicle markets and the impacts of tomorrow’s technical challenges. A global forecasting workshop is also being planned in conjunction with this semi-annual event. Click here for seminar information.

Topics: Natural Gas, Classes 5-8, Engines, Press Releases, Regulations

About ACT Research

We're the leading publisher of commercial vehicle industry data, market analysis, and economic forecasting services for the North American market.

 

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