High-Performance Trucks Market 2020 Global Industry Forecast To 2023 Research Report is latest Global High-Performance Trucks Industry Report published by Market Research Future. According to study Market for High-Performance Trucks is forecast to grow at exponential 4% CAGR during 2020 to 2023. This growth is attributed to factors such as stringent Emission Norms by Government to Prompt High-Performance Trucks Market. Key Players Actively Investing Might Influence High-Performance Trucks Market to Gain More Valuation Ahead.
Global High-Performance Trucks Market Report Information, By Transmission Type (Automatic, Manual And Semi-Automatic), Vehicle Type (Conventional Pickups, Crew Cab, Sports Trucks, Long-Haul Trucks And Others), Application (Dumping, Distribution, Refrigeration, Container, Tanker And Others), Engine (Gasoline, Diesel And Others) And By Region – Forecast To 2023.
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Market Highlight
As per Market Research Future, the global high-performance trucks market 2020 has witnessed remarkable growth and has observed that its demand in the future might grow with a CAGR of 4% during the forecast period 2017-2023.
The high-performance truck has a high-performance traction system and is equipped with powerful motors and intelligent electric control systems.
Market’s Top Drivers & Challenges
The factors behind the global high-performance truck market’s growth high-performance mainly attributed to the swelling investments being made for the modification and customization of trucks. Such a factor is motivating the market to expand wisely every year and is expected to widen its range double the digit during the forecast period.
At the same time, other significant factors contributing to the growth of the global high-performance truck market are the outline of stringent emission norms imposed by the government in various developing and developed nations. Also, the surge in the supply of temperature-sensitive material has been leading to an increase in demand for high-performance refrigerated trucks in the coming years. Apart from this, the growth of the organized retail industry mainly in the developing economies, as well as the increase in demand for frozen perishable commodities, leads to the significant growth of the market.
On the turnover, the growth of the high-performance trucks market can be restrained by the factor of the high cost of manufacturing and the limited scope of electrification of such high-performance trucks. Yet, the introduction of high-performance electric trucks along with advanced features for ensuring better performance and enhanced driver comfort is expected to generate considerable opportunities in the coming years.
Segmentation of Market: High-Performance Truck
The segmental analysis of the global high-performance trucks market has been conducted by the elements of the transmission type, vehicle type, and application type.
In terms of transmission type: Automatic, Manual, and Semi-automatic are the segments. Amongst these, the semi-automatic segment might be the fastest-growing segment due to the benefits offered by transmission such as comfort similar to the automatic transmission system and fuel efficiency, which is also achieved by manual transmission. Besides, the low cost of semi-automatic transmission as compared to the automatic transmission system is leading owing to a mount in the use of the developing and the cost-sensitive region such as the Asia Pacific.
In terms of vehicle types: Conventional Pickups, Crew Cab, Sports Trucks, and Long-Haul Trucks, among others, are the segments.
In terms of application: Distribution, Dumping, Refrigeration, Tanker and Container, and others are the segments.
In terms of engines: Gasoline and Diesel, among others, are the segments.
Geographical Framework
The Asia Pacific market for high-performance trucks might lead the global market due to the booming construction industry coupled with the mounting population in developing countries like China, Indonesia & India. Besides, the other major factors substantiating market growth also embrace the introduction of regulatory developments such as norms for emission control, axle loading, and the shift in consumer preferences towards premium trucks. Also, the upcoming infrastructure projects in India, South Korea, China, and Japan might generate enormous demand for high-performance dumping trucks.
The US is a lucrative market, also, as it is highlighting a range of high-performance trucks. Moreover, the sales of passenger cars and SUVs and trucks were almost at parity just a few years ago, but expect a spike in 2012; car sales fell while truck sales have risen. The trend will be to continuing substantiating the market growth in the US as ultimately in the North America Region.
Key Players
ZF (Germany), Dodge (US), Chevrolet (US), GMC (General Motors Truck Company US.), Toyota Motor Corporation (Japan), Daimler Trucks North America LLC (US), Volvo trucks (Sweden), Paccar Inc. (US), Cummins (US) and MAN Truck & Bus AG (Germany) Caterpillar Inc. (US), are the well-known players at the forefront of competition in the global high-performance trucks market.
Table Of Content
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Bargaining Power Of Suppliers
3.1.4 Threat Of Substitutes
3.1.5 Segment Rivalry
3.2 Value Chain/Supply Chain Analysis
4 Market Dynamics
4.1 Introduction
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
5 Global High-Performance Trucks Market, By Transmission Type
5.1 Introduction
5.2 Automatic
5.2.1 Market Estimates & Forecast, 2017-2023
5.2.2 Market Estimates & Forecast By Region, 2017-2023
5.3 Manual
5.3.1 Market Estimates & Forecast, 2017-2023
5.3.2 Market Estimates & Forecast By Region, 2017-2023
5.2 Semi-Automatic
5.2.1 Market Estimates & Forecast, 2017-2023
5.2.2 Market Estimates & Forecast By Region, 2017-2023
6 Global High-Performance Trucks Market, By Vehicle Type
6.1 Introduction
6.2 Conventional Pickups
6.2.1 Market Estimates & Forecast, 2017-2023
6.2.2 Market Estimates & Forecast By Region, 2017-2023
6.3 Crew Cab
6.3.1 Market Estimates & Forecast, 2017-2023
6.3.2 Market Estimates & Forecast By Region, 2017-2023
6.4 Sports Trucks
6.4.1 Market Estimates & Forecast, 2017-2023
6.4.2 Market Estimates & Forecast By Region, 2017-2023
6.5 Long-Haul Trucks
6.5.1 Market Estimates & Forecast, 2017-2023
6.5.2 Market Estimates & Forecast By Region, 2017-2023
6.6 Others
6.6.1 Market Estimates & Forecast, 2017-2023
6.6.2 Market Estimates & Forecast By Region, 2017-2023
7 Global High-Performance Trucks Market, By Application
7.1 Introduction
7.2 Dumping
7.2.1 Market Estimates & Forecast, 2017-2023
7.2.2 Market Estimates & Forecast By Region, 2017-2023
7.3 Distribution
7.3.1 Market Estimates & Forecast, 2017-2023
7.3.2 Market Estimates & Forecast By Region, 2017-2023
7.4 Refrigeration
7.4.1 Market Estimates & Forecast, 2017-2023
7.4.2 Market Estimates & Forecast By Region, 2017-2023
7.5 Container
7.5.1 Market Estimates & Forecast, 2017-2023
7.5.2 Market Estimates & Forecast By Region, 2017-2023
7.6 Tanker
7.6.1 Market Estimates & Forecast, 2017-2023
7.6.2 Market Estimates & Forecast By Region, 2017-2023
7.7 Others
7.7.1 Market Estimates & Forecast, 2017-2023
7.7.2 Market Estimates & Forecast By Region, 2017-2023
7 Global High-Performance Trucks Market, By Engine
7.1 Introduction
7.2 Gasoline
7.2.1 Market Estimates & Forecast, 2017-2023
7.2.2 Market Estimates & Forecast By Region, 2017-2023
7.3 Diesel
7.3.1 Market Estimates & Forecast, 2017-2023
7.3.2 Market Estimates & Forecast By Region, 2017-2023
7.4 Others
7.4.1 Market Estimates & Forecast, 2017-2023
7.4.2 Market Estimates & Forecast By Region, 2017-2023
8 Global High-Performance Trucks Market, By Region
8.1 Introduction
8.2 North America
8.2.1 Market Estimates & Forecast, 2017-2023
8.2.2 Market Estimates & Forecast By Transmission Type, 2017-2023
8.2.3 Market Estimates & Forecast By Vehicle Type, 2017-2023
8.2.4 Market Estimates & Forecast By Application, 2017-2023
8.2.4 Market Estimates & Forecast By Engine, 2017-2023
8.2.5 The U.S
Continued…
FIGURE 1 RESEARCH PROCESS OF MRFR
FIGURE 2 TOP DOWN & BOTTOM UP APPROACH
FIGURE 3 MARKET DYNAMICS
FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS
FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS
FIGURE 6 PORTER’S FIVE FORCES ANALYSIS
FIGURE 7 VALUE CHAIN ANALYSIS
FIGURE 8 GLOBAL HIGH-PERFORMANCE TRUCKS MARKETSHARE, BY TRANSMISSION TYPE, 2016 (%)
Continued…
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