Asia Oceania is estimated to be the leading market for high-performance trucks
Transportation plays a significant role in Asia's economy. Hence, the heavy-duty trucking
industry is flourishing continuously in this region. The booming logistics sector and a strong
shift toward high-load freight transport are expected to drive the growth of high load capacity
trucks in this region. Also, owing to revised regulatory norms for fuel economy standards and
axle loading, OEM and tier I suppliers are focusing toward the development of high-
performance engines with high torque capacity. The governments of developing nations such
as India and china have favorable policies and provide subsidies to European and American
oems to set up their manufacturing plants in the countries. For instance, in 2017, Scania has
planned to establish an assembly plant for trucks and bus chassis as well as a manufacturing
facility for truck cabs in Bangkok (Thailand).