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High-Performance Trucks Market Research Reports, Growth Strategy With Scania, PACCAR, AB Volvo, General Motors, FCA, Daimler, Cummins, Eaton, Nissan, Toyota, MAN, Ford Motor Company, Allison Transmission, ZF Friedrichshafen
High-Performance Trucks Market
The High-performance Trucks report is a fundamental report which introduces a flawless and exact High-performance Trucks market picture and in this way it incorporates authoritative, money related, specialized, ecological and improvement related investigation into High-performance Trucks market contenders and competition between them. Vital strategies and methodologies of different market experts are likewise assessed in this High-performance Trucks market report. The report speaks to the total data of the market in an eye-catching and effectively justifiable route with models, figures, charts, and flowcharts. It encourages the clients to recognize and assess the promoting opportunities which will eventually help the organizations to increase their productivity.
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High performance trucks are those which are armed with powerful motors and electric control system and also consist of traction system. They are usually of two types’ medium & heavy duty trucks and pickup trucks. They are widely used in the applications like refrigeration, tanker, container and RMC. There is increasing adoption of high performance trucks due to growth in the retail industry.
Global High-performance Trucks Market is expected to rise from its initial estimated value of USD 1.94 billion in 2018 to an estimated value of USD 2.70 billion by 2026, registering a CAGR of 4.25% in the forecast period of 2019-2026. Growth in the retail industry is the major factor for the growth of this market. Few of the major competitors currently working in the global high performance truck market are
· AB Volvo
· Daimler AG.
· Scania
· PACCAR Inc.
· MAN
· Toyota
· Ford Motor Company
· General Motors
· FCA
· Nissan
With Others Like Allison Transmission Inc., ZF Friedrichshafen AG, Cummins Inc., Eaton, American Axle & Manufacturing, Inc., Mahindra & Mahindra Ltd.
Key Developments in the Market:
· In October 2018, Sentinel Capital Partners announced that they have acquired Holley Performance Products who are manufacturer of exhaust system, engine tuning and ignition system, injection system and carburettors. This acquisition will help the company to expand their business portfolio by providing better product and services to the customers.
· In November 2015, Brembo announced the launch of their B-M8 which is a new 8-piston caliper with four pads which is suitable for rotors up to 420mm x 40mm. This calliper is specially designed for the front braking system of trucks and SUVs. The main aim of the launch is to provide better high performance Brembo to the customers.
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Market Drivers:
· Growth in the retail industry is driving the market growth
· Rising demand for frozen decomposable product is another important factor driving the growth of this market
Market Restraints:
· Increasing demand for the electric high performance trucks is restraining the growth of this market
· Less availability of truck drivers is another factor restraining the market growth.
Segmentation: Global High-performance Trucks Market
By Vehicle Type
· Medium & Heavy Duty Trucks
· Pickup Trucks
By Power Output
· 250–400 HP
· 401–550 HP
· >550 HP
By Applications
· Refrigeration
· Dumping
· Special Application
· Tanker
· RMC
· Container
· Distribution
By Fuel Type
· Diesel
· CNG
· LNG
By Transmission Type
· Automatic Transmission
· Semi-Automatic Transmission
· Manual Transmission
By Engine Type
· Conventional Gasoline
· Supercharged Gasoline
· Supercharged/Turbocharged Diesel
· Conventional Diesel
· Others
By Geography
· North America
· South America
· Europe
· Asia-Pacific
· Middle East & Africa
Competitive Analysis: Global High-performance Trucks Market
Global high performance truck market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of high performance truck market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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