Title: High-Performance Trucks Market
1- High-Performance Trucks Market Expected to reach
2.5 Million Units by 2025
2The high-performance trucks market, by volume,
had a market size of 1.7 million units in 2016
and is projected to reach 2.5 million units by
2025, at a CAGR of 4.06 during the forecast
period. Increasing demand for special application
trucks with high engine power requirement and
increasing focus toward fuel economy standards
have triggered the growth of the high-performance
trucks market. Also, increase in demand for
long-haul trucks for efficient transportation of
goods has also boosted the demand for
high-performance trucks globally.
3Target audience for High-Performance Trucks Market
- Medium- and heavy-duty truck OEMs
- Pickup truck OEMs
- Engine suppliers
- Transmission system suppliers
- Alternate fuel technology suppliers
- Industry associations and experts
- Governments national and regional environmental
regulatory agencies or organizations - The automobile industry and related end-user
industries
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4Scope of the High-Performance Trucks Market
- High-Performance Trucks Market, By Transmission
Type - Automatic Transmission
- Semi-automatic Transmission
- Manual Transmission
- High-Performance Trucks Market, By Vehicle Type
- Medium- Heavy-Duty Trucks
- Pickup Trucks
5Key players of High-Performance Trucks Market
- Volvo (Sweden)
- Daimler (Germany)
- Scania (Sweden)
- MAN (Germany)
- Allison (US)
High-Performance Trucks Market, By Transmission
Type (at Country Level)
- Automatic Transmission
- Semi-automatic Transmission
- Manual Transmission
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6Asia Oceania is estimated to be the leading
market for high-performance trucksTransportation
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).
7Browse 74 market data tables and 61 figures
spread through 181 pages and in-depth TOC
on "high-performance trucks market by type
(pickup, MHDV), power output (250400, 401550,
gt550 HP), application (dumping, distribution,
refrigeration, container, tanker, RMC), fuel
type, transmission type, and region - global
forecast to 2025"This study answers several
questions for the stakeholders, primarily which
market segments to focus on in the next two to
five years to prioritize efforts and investments.
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