According to the recently released N.A. Commercial Vehicle On-Highway Engine OUTLOOK, published by ACT Research and Rhein Associates, discussion continues about how internal combustion engines will meet future emissions standards for the latter part of this decade, even as legislation accelerates the push to electrification. The report noted that this includes the Biden administration’s hope of enabling electric vehicle adoption through expansion of charging infrastructure.
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.
Kenny Vieth, President and Senior Analyst at ACT Research, noted, “Last-mile delivery fleets with a vested interest in either being ‘green’ and/or reducing total cost of ownership will install private charging infrastructure.” He added, “Unlike distribution-related fleets, irregular-route long-haul operators do not have the luxury of returning home every night to recharge, so these fleets will not benefit to the same degree as shorter length-of-haul fleets.”
Andrew Wrobel, Senior Powertrain Analyst at Rhein Associates, commented, “While there is increasing interest in electric vehicles, the transition to new vehicles and fuels/powertrains requires long-term planning on the part of prospective owners, and infrastructure development requires significant investment and time to implement.” He added, “There will be new suppliers and vendors, new operational practices, and re-oriented business plans to consider, as well.”
When asked about natural gas vehicles Wrobel commented, “Demand for natural gas-powered trucks has shown modest growth, with further slow growth anticipated.”
Rhein Associates is a leader in North American commercial vehicle and off-highway powertrain forecasting. 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 2030 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.
What’s coming next in 2021 and 2022? ACT’s 65th OUTLOOK Seminar is the planning event for your business needs. Mark your calendar for August 24-26, 2021 to gain market updates and forecasts from ACT’s award-winning, veteran team with more than 200 years of combined industry experience. Click here for more details.
ACT’s commercial electric vehicle study, Charging Forward: 2020-2024 BEV & FCEV Forecast & Analysis, was published in early April, after months of extensive research. Utilizing industry expertise and analysis, as well as the input from a comprehensive list of key industry study participants, ACT Research has developed a critical guide for battery electric and fuel cell electric unit build and sales forecasts over the next two decades. With coverage of Classes 4-8 commercial vehicles, ACT has identified 14 market subsegments and more than 20 application types; this one-of-a-kind report is a must-have for those investing or investigating electric power opportunities. To learn more or to purchase this report, click here.
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