Press release
Global Hybrid Commercial Vehicle Market to grow at a CAGR of 19.57% during the period 2017-2021
About Hybrid Commercial Vehicle
Hybrid commercial vehicles use a combination of an IC engine and an electric motor to power the vehicles. The vehicle uses either a combination of both or the preferred engine as per requirement. The inclusion of an electric motor provides instant torque when required and helps to increase fuel efficiency and reduce emissions.
Technavios analysts forecast the global hybrid commercial vehicle market to grow at a CAGR of 19.57% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global hybrid commercial vehicle market for 2017-2021. To calculate the market size, the report considers the Unit shipments.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Hybrid Commercial Vehicle Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Daimler
Hino Motors
PACCAR
Volvo
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Other prominent vendors
Mahindra & Mahindra
MAN
Tata Motors
Market driver
Decreasing price of Li-ion batteries
For a full, detailed list, view our report
Market challenge
High initial investment
For a full, detailed list, view our report
Market trend
Growing popularity of hydrogen fuel cell hybrid
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Market outline
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by application
Global hybrid commercial vehicle market segmentation by application
Global hybrid LCV market
Global hybrid M&HCV market
PART 07: Geographical segmentation
Global hybrid commercial vehicle market segmentation by geography
Hybrid commercial vehicle market in Americas
Hybrid commercial vehicle market in APAC
Hybrid commercial vehicle market in EMEA
PART 08: Decision framework
PART 09: Drivers and challenges
Market drivers
Market challenges
PART 10: Market trends
Growing popularity of hydrogen fuel cell hybrid
Increasing capacity of Li-ion batteries
Increasing consumer awareness about addressing environmental concerns
PART 11: Vendor landscape
Vendor overview
Other prominent vendors
PART 12: Key vendor analysis
Daimler
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