COLUMBUS, Ind. — Class 8 engine production is expected to continue its growth trend into 2019, and diesel is still the dominate power source, but changes in demand for straight trucks and tractors will impact the type of diesel engines ordered.
That’s the primary takeaway from the recently released N.A. Commercial Vehicle On-Highway Engine OUTLOOK published by ACT Research and Rhein Associates,
“Tractors continue to be more impacted by cyclical demand than vocational trucks, said
Tom Rhein, president of Rhein Associates.
The truck share of Class 8 fell to just below 27 percent in 2018, and is forecast to reach a similar level in 2019.
Rhein said average truck production from 2019-2023 is expected to increase nearly 8 percent over the average of the past five years, while average tractor production is forecast at almost 3 percent below the past five-year average.
“Diesel power is under attack long-term for use in on-highway commercial vehicles,” said Kenny Vieth, president and senior analyst at ACT Research. “Alternative power is being developed, tested, and refined, even as diesel engines are transitioning to become more fuel efficient and clean. Emission regulations are one of the main drivers of alternative fuel adoption, which is why the Engine OUTLOOK includes a section on the commercial vehicle regulatory environment.”
The latest North American On-Highway Engine OUTLOOK published by ACT Research and Rhein Associates highlights power-source activity for CV 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 OUTLOOK.
Rhein Associates is a supplier of powertrain information to worldwide clients.
For more information visit http://www.rheinreport.com/
ACT Research is a publisher of commercial vehicle truck, trailer, and bus industry data, market analysis and forecasting services for the North American and China markets.
For more information, visit www.actresearch.net.