According to the recently released N.A. Commercial Vehicle On-Highway Engine OUTLOOK, published by ACT Research and Rhein Associates, the commercial vehicle (CV) industry continues to invest in initiatives toward new powertrains and lower carbon emissions from CV fleets. Industry trends maintain minor movement, both up and down, but no skyrockets or plummets.
The NA On-Highway Engine OUTLOOK published by ACT Research and Rhein Associates highlights power-source activity for commercial vehicle 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 Commercial Vehicle OUTLOOK. This report benefits businesses and manufacturers in the commercial vehicle engine production supply chain, and any company following the investment value of engine OEMs and their suppliers.
When asked about commercial vehicle trends, Kenny Vieth, President and Senior Analyst at ACT Research, commented, “Vocational equipment continues to lose share in the Class 8 market, if more incrementally in 2022, owing both to extremely high demand for tractors as well as supply chain fallout impacting body-builders ability to ramp their capacity.” He added, “Despite strong demand for MD Classes 5-7 vehicles, production has fallen slightly in 2022 as the MD-HD OEMs push scarce parts into more profitable HD products. Notably, Class 5 volumes rose to a new record level in 2021, but production constraints continue to limit volume in 2022 and into 2023.”
Andrew Wrobel, Senior Powertrain Analyst at Rhein Associates, commented, “Additional technologies will be required to meet 2027 and beyond emission regulations. Over the past 17 years, most engines have added or required most of the following: electronic controls, Diesel Particulate Filter (DPF), NOx catalyst, cooled Exhaust Gas Recirculation (EGR), Selective Catalytic Reduction (SCR) or urea dosing, additional powertrain cooling, and On-board Diagnostics (OBD). Additional technologies will be required to meet 2027 and beyond emission regulations, including: cylinder deactivation, variable valve timing, waste heat recovering, and low temperature EGR."
When asked about natural gas vehicles Wrobel commented, “Production of natural-gas powered trucks is currently around 5,000 units. Well-to-wheel emissions strategies using RNG could increase natural gas adoption.”
Rhein Associates is a leader in North American commercial vehicle and off-highway powertrain competitive landscape intelligence. Rhein Associates is renowned for providing the industry with accurate, thorough and relevant databases, analysis and insight, by analysts that are involved and connected in the industry. Our data covers both on-road commercial vehicle as well as the off-highway, marine, industrial, agricultural and electrification sectors. Rhein Associates publishes The Rhein Report, providing weekly and monthly analysis of the market through news and analysis The powertrain forecast database covers OEM, Engine Model and Specifications from 2010 through 2033 for both on-highway and off-highway applications. More information can be found at http://www.rheinassociates.com/.
ACT Research is recognized as the leading publisher of commercial vehicle truck, trailer, and bus industry data, market analysis and forecasts for the North America 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. ACT Research is a contributor to the Blue Chip Economic Indicators and a member of the Wall Street Journal Economic Forecast Panel. ACT Research executives have received peer recognition, including election to the Board of Directors of the National Association for Business Economics, appointment as Consulting Economist to the National Private Truck Council, and the 2019 Lawrence R. Klein Award for Blue Chip Economic Indicators’ Most Accurate Economic Forecast over a four-year period. ACT Research senior staff members have earned accolades including Chicago Federal Reserve Automotive Outlook Symposium Best Overall Forecast, Wall Street Journal Top Economic Outlook, and USA Today Top 10 Economic Forecasters. More information can be found at www.actresearch.net.
ACT’s 68th Seminar is scheduled for February 21-23, 2022. Look for more details on this event over the coming months and save the date for February’s event. When details are available, they may be found at www.actresearch.net.
ACT Research recently completed POWER UP, a look at 7 global regions and more than 20 countries in a review of local regulations, infrastructure, and the impact on the adoption of battery and fuel cell electric commercial vehicles through 2040. This forecast is the first of its kind, a review of the decarbonization of commercial vehicles around the world. POWER UP is available now at https://www.actresearch.net/power-up/.
Additionally, ACT Research published an update to CHARGING FORWARD, a North American-centric battery and fuel cell electric vehicle adoption rate forecast, covering 23 vehicle applications, in Classes 4-8 commercial vehicles, through 2040. CHARGING FORWARD is considered by many industry leaders to be the apex of analysis and economic-based total cost of ownership modeling in the industry. And, it is now available for purchase at https://www.actresearch.net/electric-vehicles-charge/.
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