Global truck market is projected to grow at a CAGR of over 8% by 2022

LONDON, March 12, 2018 /PRNewswire/ -- 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


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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:
• Truck Market Size, Share & Forecast
• Segmental Analysis – 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
• Competitive Analysis
• Changing Market Trends & Emerging Opportunities

Why You Should Buy This Report?
• To gain an in-depth understanding of truck in global market
• To identify the on-going trends and anticipated growth in the next five years
• To help industry consultants, truck manufacturers, distributors and other stakeholders align their market-centric strategies
• To obtain research based business decisions and add weight to presentations and marketing material
• To gain competitive knowledge of leading market players
• To avail 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer's specific needs

Report Methodology
The information contained in this report is based upon both primary and secondary research. Primary research included interaction with truck manufacturers, distributors and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.

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