High-Performance Trucks Market worth 2.5 Million Units by 2025

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MarketsandMarkets Presents

High-Performance Trucks Market worth 2.5 Million
Units by 2025
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igh-performance-truck-market-27670150.html
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The report "High-Performance Trucks Market by
Type (Pickup, MHDV), Power Output (250-400,
401-550, gt550 HP), Application (Dumping,
Distribution, Refrigeration, Container, Tanker,
RMC), Fuel Type, Transmission Type, and Region -
Global Forecast to 2025 The high-performance
trucks market is projected to grow at a CAGR of
4.06 during the forecast period, and the market
size is projected to reach 2.5 Million units by
2025 from 1.8 Million units in 2017 . The
increasing demand for higher power output engines
for applications such as refrigeration, dumping,
containers, and others and the increasing demand
for efficient logistics operations are the key
reason, which would trigger the growth of the
high-performance trucks market. Get The PDF
Brochure For This Report https//www.marketsandm
arkets.com/pdfdownloadNew.asp?id27670150
Browse 74 market data Tables and 61 Figures
spread through 181 Pages and in-depth TOC on
"High-Performance Trucks Market
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igh-performance-truck-market-27670150.html
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The 250400 hp segment is estimated to hold the
largest share in the high-performance trucks
market by power output. The 250400 hp power
output segment registers the highest market in
Asia Oceania followed by North America. In China,
around 7075 of the high-performance trucks have
power output between 250400 hp with key models
such as FW 5000 Class 8 trucks, Dayun Group 4000
series trucks, CNHTC Howo trucks, and others.
This power output segment includes most of the
pickup trucks, such as Toyota Tundra, Chevrolet
Silverado 1500, Ford-150, Ford F-250 Super Duty,
Chevrolet Silverado 2500 HD, and others.. The
LNG-fueled high-performance trucks segment is
estimated to be the fastest growing among the
high-performance trucks market. The increasing
stringency in emission norms across the globe has
forced OEMs to develop low-emission alternative
fuel trucks. For instance, under the Euro III
norms, the NOx emission level was set at 5.0
g/kWh, which then declined by around 92 to reach
0.4 g/kWh under Euro VI norms. Governments of
many regions such as Europe and the US are
focusing on the deployment of more alternative
fueling station and promoting alternative
commercial vehicles. According to European
Alternative Fuel Observatory, LNG stations
increased significantly in Europe from 2008 to
2015.  Request Sample of the report https//www
.marketsandmarkets.com/requestsampleNew.asp?id276
70150
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Asia Oceania is estimated to be the leading
market for high-performance trucks. Transportatio
n plays a significant role in Asias 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 Tier-I
suppliers profiled in the report include Cummins
(US), ZF (Germany), Allison (US), and Eaton
(Ireland). These systems and components are
supplied to automotive OEMs such as Volvo
(Sweden), Daimler (Germany), Scania (Sweden),
Ford (US), GMC (US), and others. Speak to
Analyst _at_ https//www.marketsandmarkets.com/speakt
oanalystNew.asp?id27670150
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