Press release
Global Hybrid Commercial Vehicle Market 2017-2021
About Hybrid Commercial VehicleHybrid 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.
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Research Beam analysts forecast the global hybrid commercial vehicle market to grow at a CAGR of 19.57% during the period 2017-2021.
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
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Research Beam 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
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?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
It is crucial for market players to take leaps strategically and update themselves with recent trends, opportunities, and emerging investment pockets. We, at “Research Beam”, adhere to these factors and offer a wide range of reports that are detailed and enable our clients to achieve their goals with long term planning coupled with competitive advantage.
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