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The Heavy Commercial Vehicle (HCV) market is a segment of the Commercial Vehicle industry that focuses on the production and sale of large, heavy-duty vehicles. These vehicles are typically used for transporting goods and materials over long distances, and are designed to handle the increased weight and stress of such journeys. HCVs are typically classified by their gross vehicle weight rating (GVWR), which is the maximum weight of the vehicle and its cargo. Common HCV types include semi-trucks, tractor-trailers, dump trucks, and tankers.
HCVs are typically used in a variety of industries, including construction, mining, agriculture, and transportation. They are also used for military and emergency services. The HCV market is highly competitive, with manufacturers competing to produce the most efficient and reliable vehicles.
Notable companies in the HCV market include Volvo, Daimler, Scania, MAN, and Navistar. Show Less Read more