Class 8 Truck Market Report 2025: $399.5 Bn Opportunities, Growth Drivers, Industry Trend Analysis, and Forecasts 2021-2034 [Yahoo! Finance]
Ford Motor Company (F)
Last ford motor company earnings: 4/28 04:09 pm
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Source: Yahoo! Finance
Analysis, and Forecast 2025-2034" report has been added to ResearchAndMarkets.com's offering. The Class 8 Truck Market was valued at USD 265.9 billion in 2024, and is projected to reach USD 399.5 billion by 2034, rising at a CAGR of 4.5% Market expansion is fueled by increasing international trade, infrastructure development, and growing demand for efficient freight transportation. The liberalization of trade policies and cross-border connectivity initiatives have driven the need for high-performance trucks to support logistics and supply chain operations. Expanding industrial sectors and the rise of global e-commerce are further amplifying demand, leading to higher investments in advanced trucking solutions. The integration of modern technologies is transforming the industry, with fleet operators adopting autonomous driving systems, telematics, and advanced safety features to improve efficiency and reduce operational costs. Rising expectations for fleet optimization and driver
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