Market outlook of high performance trucks
The high performance truck market is growing at a slow pace mainly due to flat market in matured markets like EMEA and the Americas due to stagnant economic growth leading to low investment in construction and mining activities. Technavios market research analysts estimate the market to reach over 4 million in unit sales during the forecast period.
Strict emission norms is forcing the OEMs to adopt advance fuel efficient technologies such as 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 expected to have a negative impact on the market.
However, the growth of high performance trucks is observed in the APAC region, especially in countries such as India, Indonesia, Thailand, China, and Malaysia. The increasing demand for infrastructure and growing economy in these countries will stimulate demand for high performance trucks in the forecast period.
Market landscape for the global high performance truck market
The major 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 quick and efficiently across a country. Enhanced performance and driver comfort and safety in high performance trucks are the key trends observed in high performance truck market.
The report covers the present scenario and the growth prospects of the global high performance trucks market for the period 2015-2019. The research report calculates its market size on the basis total 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 regions as APAC, Americas and EMEA.
Increased global competition a key challenge to the market
Strict environmental legislations, rising fuel prices and saturated markets have flattened the overall demand for high performance trucks. Global OEMs are shifting operation to emerging markets specially in BRIC countries and OEMs of these regions with their low cost manufacturing are increasing exports to other emerging nations, thus creating immense competition in the market.
For instance, Daimler is manufacturing trucks in India under the brand name Bharat Benz, and Volvo has entered Indian market with Eicher trucks and busses and in China Volvo is operating with a joint venture with Dongfeng commercial vehicles.
Leading vendors analyzed in this report
Other prominent vendors of this market include Ashok Leyland, Scania AB, Isuzu, TATA, Iveco, and China FAW.
Key questions answered in the report
What are the key factors driving the global high performance truck market
What are the key market trends impacting the growth of the global high performance truck market
What are the various opportunities and threats faced by the vendors in the global high performance truck market
Trending factors influencing the market shares for EMEA, APAC, and Americas
Key outcome of the five forces analysis on the global high performance truck market
Growth forecast of the global high performance truck market until 2019
Technavio also offers customization on reports based on specific client requirement.
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market size and forecast
Five forces analysis
PART 06: Geographical segmentation
High performance trucks market in APAC
High performance trucks market in Americas
High performance trucks market in EMEA
PART 07: Market drivers
PART 08: Impact of drivers
PART 09: Market challenges
PART 10: Impact of drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
Other prominent vendors
PART 13: Key vendor analysis
PART 14: Appendix
List of abbreviation
PART 15: Explore Technavio
List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Global high performance truck market segmentation
Exhibit 03: Global high performance truck market 2014-2019 (millions of units)
Exhibit 04: Five forces analysis
Exhibit 05: Global high performance truck market segmentation by geography 2014
Exhibit 06: Global high performance truck market segmentation by geography 2014-2019 (millions of units)
Exhibit 07: High performance trucks market in APAC 2014-2019 (millions of units)
Exhibit 08: High performance trucks market in Americas 2014-2019 (millions of units)
Exhibit 09: High performance trucks market in EMEA 2014-2019 (millions of units)
Exhibit 10: Top 10 mining project investments by country
Exhibit 11: Impact of drivers
Exhibit 12: Impact of drivers and challenges
Exhibit 13: Top vendors in global high performance truck market
Exhibit 14: Caterpillar: Business segmentation 2014 by revenue
Exhibit 15: Caterpillar: Geographical segmentation by revenue 2013
Exhibit 16: Daimler Trucks: Business offerings
Exhibit 17: MAN: Business segmentation 2014 by revenue
Exhibit 18: MAN: Business segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 19: MAN: Geographical segmentation by revenue 2014
Exhibit 20: Paccar: Business segmentation 2014 by revenue
Exhibit 21: Paccar: Business segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 22: Paccar: Geographical segmentation by revenue 2014
Exhibit 23: Volvo Trucks: Business segmentation