The market for commercial trucks that employ APUs is primarily driven by an increase in diesel trucks, rising fuel prices, stricter restrictions regarding greenhouse gas emissions, and technological improvements. Due to the obvious escalating need for energy-efficient solutions, the market is growing. To reduce air pollution and save energy, the governments of many nations are urging car owners to convert to other sources of electricity for their automobiles.
The Commercial Truck Use APU Market is required because it offers an advantageous replacement for conventional systems and lowers fuel use, which can cut costs and improve compliance with emissions requirements. The APUs also require less maintenance than other systems and are more dependable, effective, and lightweight than their competitors. Additionally, they aid in producing onboard electric power, which reduces the requirement for a generator or other outside electrical source.
APUs, also known as auxiliary power units (APUs), are tools that are used to power and heat a commercial truck's cab while it is parked. In addition to lowering fuel use and pollutants, this also improves driving comfort. The most popular kind of APU is a combustion-powered engine that can generate electricity and heat using either diesel or gasoline as fuel. Other APU varieties include battery-, solar-, or natural gas-powered all-electric variants.
During the projection period of 2021–2031, the global Commercial Truck Use APU Market is anticipated to expand at a CAGR of roughly 4.3%, from an estimated market size of USD 9 billion in 2021 to USD 12.2 billion by 2031.
The market for APUs used in commercial trucks has a number of obstacles. These include problems with the system's cost and complexity, its dependability, the accessibility of service and support, and the challenge of integrating these systems with current fleets. Additionally, given that an APU has a life expectancy of about 10 years and substantial upfront and ongoing running costs, buyers might not be aware of the benefits it might provide. This may impede the broad use of these systems by increasing the financial and operational load on clients. Meanwhile, the adoption of commercial vehicle usage APUs is anticipated to increase due to the increased demand for improved emissions and fuel efficiency, as well as the accessibility of financing choices and federal incentives.
COVID-19 Impact and Market Status
The commercial vehicle use APU market has been greatly hit by the COVID-19 outbreak. Demand for these goods has reduced as a result of the disruption to the transportation sector brought on by the shutdown restrictions and the suspension of production facilities. Additionally, production and distribution were hampered by supply chain constraints brought on by the closure of ports. This has had a detrimental effect on the market expansion of APUs used in commercial trucks. Nonetheless, the consumption of these products is projected to rise in the future years as nations all over the world relax severe regulations and resume their commercial activity.
Segment Analysis
The Combustion-Power APUs Type emerged as the Most Lucrative Segment
Combustion-powered APUs are predicted to dominate the commercial truck use APU market throughout the forecast period of 2021–2031. This is explained by their accessibility and affordable cost. The requirement for better pollution control and fuel economy will continue to propel the development of this model of APU.
The Most Prominent Application is the Roof-Top Mounted Segment
During the forecast period of 2021–2031, roof-top mounted APUs are anticipated to rule the commercial truck use APU market. This is partly because they are simple to install and use. Additionally, they offer better fuel efficiency and lower emissions while being more affordable than back wall-mounted APUs.
The North American Region to render Ample Financing Opportunities
During the forecast period of 2021–2031, North America is expected to dominate the commercial truck use APU market. This is explained by the existence of significant players in the area and the strict regulation of car emissions. Additionally, rising fuel costs and a rising need for energy-efficient solutions are anticipated to fuel market expansion in this region.
The report provides an in-depth analysis of the key manufacturers operating in this market with their regional presence. Some of the key manufacturers profiled in the report include Sigma-Aldrich Corporation (US), Johnson Matthey plc (UK), Albemarle Corporation (US), Lanxess AG (Germany), Tetra Technologies, Inc. (US), Innovene Solutions B.V. (Netherlands) and others. These companies focus on organic and inorganic strategies for the growth of their businesses.
Recent Developments in the Commercial Truck Use APU Market
• Volvo Trucks North America (VTNA) declared in March 2022 that by 2030, every truck in its lineup would have an electrified powertrain. Beginning in 2024, the business intends to electrify its Class 8 trucks.
• The first-ever all-electric auxiliary power unit for commercial vehicles was introduced by WABCO in April 2020. (APU). With no engine idling, this device is intended for use in long-haul vehicles and can provide air cooling for up to 12 hours.
• A significant player in the APU industry, Thermo King of Ingersoll Rand, was bought by Carrier Transicold in August 2021. The businesses of both companies are anticipated to benefit significantly from this acquisition's scale and operational efficiencies.
• The eAxle system was introduced by Daimler Trucks North America (DTNA) in January 2022 as an entirely new, integrated electric drive unit for their commercial trucks. The Freightliner eCascadia and Freightliner eM2 electric cars will both employ the new eAxle.
• A Joint Venture (JV) was established in May 2021 by Nikola Corporation and Nel ASA to design and produce hydrogen electrolysers for heavy-duty automobiles. The JV will be situated at Nikola's manufacturing plant in Arizona. According to the contract, Nikola will have 51% of the JV's shares and Nel ASA would hold 49%.
• The finalised emissions and fuel efficiency criteria for medium- and heavy-duty vehicles were released in August 2021 by the National Highway Traffic Safety Administration (NHTSA) and the U.S. Environmental Protection Agency (EPA). By 2027, the revised criteria call for heavy-duty vehicles to have 24% lower carbon dioxide emissions and 15% better fuel efficiency than they had in 2018.
• Stronger vehicle pollution regulations that are in line with the EPA's proposed rule will be approved by the California Air Resources Board (CARB) in October 2020. By 2030, compared to 2013 levels, the law calls for a 40% decrease in greenhouse gas emissions from heavy-duty trucks.
• In September 2020, Daimler Trucks North America (DTNA) declared that starting in 2022, the Freightliner Cascadia model would be available with an electrified engine option. The battery-powered Cascadia can travel up to 400 miles on a single charge and can be fully charged using DC fast charging in around 90 minutes.
• The Volvo VNR Electric, the company's first all-electric vehicle, will go into production in 2021, according to a May 2020 statement from Volvo Trucks North America. The VNR Electric can travel up to 230 miles on a single charge and can be fully charged using DC fast charging in about an hour.
Commercial Truck Use APU Market Scope
Metrics | Details |
Base Year | 2023 |
Historic Data | 2018-2022 |
Forecast Period | 2024-2031 |
Study Period | 2018-2031 |
Forecast Unit | Value (USD) |
Revenue forecast in 2031 | USD 12.2 billion |
Growth Rate | CAGR of 4.3 % during 2021-2031 |
Segment Covered | by Type, By Application, Regions |
Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
Key Players Profiled | Sigma-Aldrich Corporation (US), Johnson Matthey plc (UK), Albemarle Corporation (US), Lanxess AG (Germany), Tetra Technologies, Inc. (US), Innovene Solutions B.V. (Netherlands) and others |
Key Segments of the Global Commercial Truck Use APU Market
Type Overview (USD Billion)
- Combustion-Power APUs
- All-Electric APUs
Application Overview (USD Billion)
- Back Wall Mounted Roof-Top Mounted
Regional Overview (USD Billion)
North America
- U.S
- Canada
Europe
- Germany
- France
- UK
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- Rest of Asia Pacific
South America
- Mexico
- Brazil
- Rest of South America
Middle East and South Africa