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Global High Performance Truck Market 2015-2019

High Performance Truck Sector: Worldwide Forecast until 2019

  • December 2015
  • 55 pages
  • ID: 3546976
In this report:
The total market for high performance trucks in the Americas accounted for ##.## million units in 2014 and is expected to increase to ##.## million units by 2019, growing at a CAGR of ##.##%.
The total market for high performance trucks in APAC accounted for ##.## million units in 2014 and is expected to increase to ##.## million units by 2019, growing at a CAGR of ##.##%.

Summary

Table of Contents

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Market outlook of high performance trucks

The high performance truck sector is increasing at a slow pace primarily due to flat sector in matured markets such as Europe, Middle East and Africa (EMEA) and the Americas due to stagnant economic growth leading to low investment in construction and mining activities. Technavios market research analysts estimate the sector to reach over 4 million in unit sales during the estimate period.

Strict emission norms is forcing the OEMs to adopt advance fuel effective technologies including AMT, usage of lightweight materials, engine downsizing and alternative powertrain which has led to increased cost of production of high performance trucks, This incremental cost is pushed upon the consumer which has anticipated to have a negative impact on the industry.

Nevertheless, the growth of high performance trucks is observed in the Asia-Pacific regions, especially in countries including India, Indonesia, Thailand, China (CN), and Malaysia. The growing demand for infrastructure and increasing economy in these countries will stimulate demand for high performance trucks in the outlook period.

Market landscape for the overall high performance truck sector

The main utility of high performance trucks is goods transportation across cities and in construction or mining activities. Road transport plays a vital role in a countries economy as it is the link between ports and cities, and high performance trucks are used to transport goods in a faster and efficiently across a country. Enhanced performance and driver comfort and safety in high performance trucks are the main trends observed in high performance truck sector.

The study describes the ongoing situation and its growth expectations of the global high performance trucks industry for the period 2015-2019. The research report calculates its market size on the basis global production units of high performance trucks considering class-7 and class-8 trucks. The geographical segmentation is done on the basis of production of high performance rucks, with key areas as Asia-Pacific, Americas and EMEA (Europe, Middle East and Africa).

Rised overall competition a main challenge to the sector

Strict environmental legislations, growing fuel prices and saturated markets have flattened the global demand for high performance trucks. Overall OEMs are shifting operation to emerging markets specially in BRIC countries and OEMs of these regions with their low cost manufacturing are rising exports to other emerging nations, thus creating immense competition in the sector.

For example, Daimler is manufacturing trucks in India (IN) under the brand name Bharat Benz, and Volvo has entered Indian sector with Eicher trucks and busses and in China Volvo is operating with a joint venture with Dongfeng commercial vehicles.

Leading dealers analyzed in this industry report

Other main merchants of this sector contain Ashok Leyland, Scania AB, Isuzu, TATA, Iveco, and China FAW.

What are the main questions answered?

What are the most significant drivers yielding the overall high performance truck sector

What are the main projections/trends in this sector/market? impacting the growth of the overall high performance truck sector

What are the different opportunities and segment risks faced by the sellers in the overall high performance truck sector

Trending factors influencing the market shares for Europe, Middle East and Africa (EMEA), Asia-Pac, and Americas

Key outcome of the Porter 5 forces analysis on the overall high performance truck sector

Growth forecast of the overall high performance truck sector until 2019

Research firm also provides customization on reports established on particular client requirement.

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