{"id":156306,"date":"2025-01-13T03:12:27","date_gmt":"2025-01-13T03:12:27","guid":{"rendered":"http:\/\/www.spglobal.com\/mobility\/en\/research-analysis\/trucking-industry-forecast-for-the-next-decade-and-beyond.html"},"modified":"2025-01-13T03:12:27","modified_gmt":"2025-01-13T03:12:27","slug":"the-trucking-industry-forecast-for-the-next-decade-and-beyond","status":"publish","type":"post","link":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/2025\/01\/13\/the-trucking-industry-forecast-for-the-next-decade-and-beyond\/","title":{"rendered":"The Trucking Industry Forecast for the Next Decade and Beyond"},"content":{"rendered":"

Reinventing the Truck Report<\/strong><\/h2>\n

The
\nReinventing the Truck Annual Report<\/a> from S&amp;P Global was
\npublished in late December 2024.<\/em><\/p>\n

For more than a century, the trucking industry has been the
\nbackbone of global commerce, moving freight that fuels the world's
\neconomic engine.<\/p>\n

But disruption is looming, driven by an increased focus on
\nclimate change, stricter regulations and technological innovations
\nthat are set to reshape the industry's future.<\/p>\n

The Reinventing the Truck 2024 update explores a
\ntrucking industry in flux<\/strong><\/h2>\n

In the
\nReinventing the Truck (RTT) 2024 update<\/a>, S&amp;P Global
\nMobility and S&amp;P Global Commodity Insights have again brought
\ntogether automotive and energy experts to identify and address
\nmajor questions facing the industry.<\/p>\n

This 2024 update navigates a trucking industry in flux. Our
\nscenario-based approach carefully balances growing optimism for
\nelectric vehicles (EVs) against the backdrop of practical and
\npolitical challenges.<\/p>\n

Trucking plays a crucial role in discussions about energy
\ntransition and climate policy. Although medium and heavy commercial
\nvehicles (MHCVs) over six tons \u2014 including buses and motor
\nhomes \u2014 made up only 4% of global vehicle sales in 2023, they
\nare a major source of on-road CO2<\/sub> emissions because they
\ntravel many miles, have lower fuel efficiency compared to cars and
\nremain in use for longer. In 2024, MHCVs are projected to account
\nfor 39% of global road transport liquid fuel demand and 40% of
\nglobal road-sector CO2<\/sub> emissions.<\/p>\n

These figures highlight the importance to many policymakers
\naround the world of decarbonizing this sector to achieve climate
\ngoals. The
\nRTT 2024 report<\/a> offers a comprehensive long-term trucking
\nindustry forecast addressing vital questions about the future of
\ntrucking in the key markets of Mainland China, Europe, Japan and
\nthe United States.<\/p>\n

Zero-emissions vehicles, regulations and energy
\ntransition costs will influence the trucking industry's next
\ndecade<\/strong><\/h2>\n

Each year's RTT study reflects the past 12 months' key
\ndevelopments and milestones while anticipating emerging trends and
\ncatalysts for change. This year's report is no exception.<\/p>\n

Here are some of the main trucking industry projections
\nexplored in the report.<\/strong><\/p>\n

Truck Sales and Market Trends:<\/strong><\/p>\n