Tank-Weld’s announcement to expand into driver training is commensurate with its expansion into motor vehicle sales. Tank-Weld Equipment Limited, a member of the Tank-Weld group of companies, launched into motor vehicle distribution in January, becoming the exclusive distributor of SHACMAN trucks in Jamaica and the Caribbean in January.
In the 23 years since the demise of the Soviet Union, Russia’s truck parc has undergone a momentous change, from the products of a handful of state controlled producers to possibly the most diversely supplied market in the world.
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• Heavy Trucks Market share (regional, product, application, end-user) both in terms of volume and revenue along with CAGR from 2018 to 2025
Despite Russia’s international sanctions, a reputation for unsavoury business practices and other political concerns, the world’s truck exporters are keen to exploit the important ‘BRIC’ (Brazil, Russia, India, China) market and all of Europe’s manufacturers feature.
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Executive Summary: It gives a summary of key studies, market growth rate, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
The North African nation has provided licences for several foreign car brands to install their assembly plants with local partners. French automaker Renault was the first to open a car assembly plant here, followed by other Asian and European brands, such as Hyundai, Kia, Volkswagen and Shacman.
Like Kamaz, its traditional 6×4 trucks are popular in construction applications, but Maz is also strong in the tractor unit market where its superior cabs offer a better proposition for long-distance work.
Scope of the Report: This report focuses on the Heavy Machinery (Large Trucks) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application. As international economic situation is complicated, in the next few years there will be many uncertainties although. Due to the government’ policy and the high production of Heavy Machinery (Large Trucks) etc. in the international market, the current demand for Heavy Machinery (Large Trucks) product is relatively high in the mature market, such as Japan, Germany, US, but the demand in China is relatively higher due to the downstream demand. Japan, Germany, US, China are major consumption regions in Heavy Machinery (Large Trucks) production market. The worldwide market for Heavy Machinery (Large Trucks) is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2017.
Research into the trucks led to a decision to purchase four in September last year, which escalated into discussions about establishing a dealership and a visit to the Shacman plant in China.
Managing Director John Ralston said local training and certification will strengthen drivers’ skill and knowledge, and also prepare drivers for the overseas market.
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