The move to electric buses has gained significant momentum over the last two years largely due to factors such as CO₂ emissions reductions, air quality in cities and reduced dependency on fossil fuels.

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The European trailer market is in a healthy state and is set to remain strong over the next few years. For a comprehensive review of the market, order your copy of the eighth edition of this highly regarded report today.

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The Indian tipper market is a sector that in the coming years has strong growth potential fuelled by various applications throughout the country but particularly in the construction and mining industries.

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During the past five years, the truck industry in India has been highly volatile with demand for trucks (3.5t and above) almost halving before making a recovery to 191,000 units by 2014. Moderate growth is now forecast and the market is expected to top 500,000 units by 2020.

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Still in its infancy, India’s trailer building business is predicted to grow substantially over the next four years to 2020. This, says RACE, is as a result of major changes in government policy to enforce weight regulations and improve building quality and safety.

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The Indian bus market is expected to expand steadily in the next five years. It remains a duopolistic market place, with just two manufacturers, Tata Motors and Ashok Leyland, sharing more than 65 per cent of the 80,000 vehicles sold annually.

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The world truck market above 3.5 tonnes gross is presently sitting around the 4,000,000 unit mark from where it is expected to grow as more economies recover and become stable.

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