NEW YORK, May 26, 2015 /PRNewswire/ -- About Heavy Duty Truck
A truck is used to transport materials and other goods from one place to another. The various categories of trucks include light trucks, medium trucks, and heavy duty trucks. Heavy duty trucks have a GVWR greater than 26,000 lb and are used to perform heavy work such as loading/pick-up and concrete mixer applications used in construction. The fuel economy of heavy trucks in the market has a potential for substantial long-term gains. Also, the economic competitiveness of natural gas will lead to market drift toward natural gas-powered trucks in the near future.
Technavio's analysts forecast the heavy duty truck market in Europe to grow at a CAGR of 4.78% over the period 2014-2019.
Covered in this report
The report covers the present scenario and the growth prospects of the heavy duty truck market in Europe for the period 2015-2019.
Technavio's report, the Heavy Duty Truck Market in Europe, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the European regions; it also covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the Key vendors ?operating in this market.
Key Countries
• France
• Germany
• UK
Key vendors
• DAF Trucks
• Daimler
• MAN
• Scania
• Volvo Group
Other prominent vendors
• Anhui Jianghuai Automobile
• Ashok Leyland
• Isuzu Motors
• Iveco
• KAMAZ
• PACCAR
• Tata Motors
Key market driver
• Stringent standards to reduce emissions
• For a full, detailed list, view our report
Key market challenge
• Short lead time for innovation
• For a full, detailed list, view our report
Key Market Trend
• Increased value-added services by OEMs
• For a full, detailed list, view our report
Key Questions Answered in this Report
• What will the market size be in 2019 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?
• What are the market opportunities and threats faced by the Key vendors ?
• What are the strengths and weaknesses of the Key vendors ?
Methodology
Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
Companies Mentioned
DAF Trucks, Daimler, MAN, Scania, Volvo Group, Anhui Jianghuai Automobile, Ashok Leyland, Isuzu Motors, Iveco, KAMAZ, PACCAR, Tata Motors
Read the full report: http://www.reportlinker.com/p02947700-summary/view-report.html
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