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Commercial Vehicle Market Report: Trends, Forecast and Competitive Analysis
Posted: Jun 14, 2019
The commercial vehicles manufacturing market consists of sales of commercial vehicles by entities (organizations, sole traders and partnerships) that produce complete light trucks and utility vehicles such as light duty vans, minivans, pick-up trucks and sports utility vehicles, and complete heavy duty trucks, buses, coaches, heavy duty motor homes and other special purpose heavy duty motor vehicles for highway use.
The commercial vehicles manufacturing market expected to reach a value of nearly $1015.66 billion by 2022, significantly growing at a CAGR of 11.2% during the forecast period. The growth in the Commercial vehicles manufacturing market is due to increase in demand of trucks in developing countries and growing infrastructure.
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Truck manufacturing companies are now using alternative drive systems to produce environmentally friendly low carbon emission trucks. Alternative drive systems are hydrogen-powered, electric or hybrid vehicles. They have significantly low carbon emissions, make use of renewable fuels and lower fuel costs by up to 50%.
The global commercial vehicles manufacturing is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the global commercial vehicle market.
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Table Of Content
- Executive Summary
- Report Structure
- Commercial Vehicle Market Characteristics
- Commercial Vehicle Market Product Analysis
- Commercial Vehicle Market Supply Chain
- Commercial Vehicle Market Customer Information
- Commercial Vehicle Market Trends And Strategies
- Commercial Vehicle Market Size And Growth
- Commercial Vehicle Market Regional Analysis
- Commercial Vehicle Market Segmentation
- Commercial Vehicle Market Metrics
- Asia-Pacific Commercial Vehicle Market
- Western Europe Commercial Vehicle Market
- Eastern Europe Commercial Vehicle Market
- North America Commercial Vehicle Market
- South America Commercial Vehicle Market
- Middle East Commercial Vehicle Market
- Africa Commercial Vehicle Market
- Commercial Vehicle Market Competitive Landscape
- Key Mergers And Acquisitions In The Commercial Vehicle Market
- Market Background: Motor Vehicles Market
- Recommendations
- Appendix
- Copyright And Disclaimer
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