Global Truck Market By Application (Construction, Logistics, & Mining), By Tonnage Capacity (3.5-7.5 Tons, 7.5-16 Tons, 16-30 Tons & Others), By Fuel Type (Diesel, CNG & LNG, & Others), By Region, Competition Forecast & Opportunities, 2012 –2022
According to “Global Truck Market By Application, By Tonnage Capacity, By Fuel Type, By Region, Competition Forecast & Opportunities, 2012 –2022”, Global truck market is projected to grow at a CAGR of over 8% by 2022.Growing demand for trucks is backed by the development in the construction sector and growing logistics sector, globally. Furthermore, continuing improvements in road infrastructure and increasing demand from e-commerce sector are likely to boost truck sales across the globe during the forecast period. In addition, with the rising concerns regarding environment, demand for electric or hybrid trucks is anticipated to surge, thereby positively influencing the global truck market in the coming years. Some of the major players operating in the global truck market are Daimler AG, AB Volvo, Isuzu Motors Ltd., Hyundai Motor Company, Scania AB, MAN Truck & Bus, Hino Motors, Tata Motors Limited, Ashok Leyland Limited, and Dongfeng Motor Corporation, among others. “Global Truck Market By Application, By Tonnage Capacity, By Fuel Type, By Region, Competition Forecast & Opportunities, 2012 –2022” discusses the following aspects of truck market globally:
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