Global Heavy-duty Pickup Truck Market 2018-2022

Below are some of the key findings from the heavy duty truck market analysis report

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Global heavy-duty pickup truck industry overview

The increasing industrialization is one of the major factors driving the heavy-duty pickup truck market growth. Transportation and logistics sector play a significant role in the growth of industrialization and urbanization. Pickup trucks, especially the heavy-duty pickup trucks play a pivotal role in backing up industrial development. With an increase in construction, mining, and shipping activities across the world, the demand for heavy-duty pickup trucks is witnessing a surge.

The emergence of hybrid or all-electric pickup trucks is a prominent trend in the heavy-duty pickup trucks market. Though most automotive OEMs are launching electric vehicles (EVs) in passenger vehicles segment, many have started focusing their attention on developing hybrid pickup trucks to capitalize on the demand. Many proposed models are already seeing significant traction with a substantial number of orders. The heavy duty truck market analysis indicates that fueled by these factors, the heavy-duty pickup truck market will grow at a CAGR of almost 6% during the forecast period.

Top heavy-duty pickup truck companies covered in this market research report

The heavy-duty pickup truck market is highly concentrated. To help clients improve their market position, this report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this heavy duty truck market analysis report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make most of the upcoming growth opportunities.

The report offers a detailed analysis of several heavy duty pickup truck companies, including:

• Fiat Chrysler Automobiles
• Ford Motor Company
• General Motors
• Honda Motor
• Nissan Motor
• Toyota Motor Corporation

Heavy-duty pickup truck market segmentation based on geographic regions

• Americas
• APAC
• EMEA

Global heavy duty truck market analysis reveals that the Americas will dominate the heavy-duty pickup truck market share and account for the highest growth of this market throughout the forecast period.

Heavy-duty pickup truck market segmentation based on technology

• Non-electric
• Electric

The non-electric technology segment will continue to dominate the heavy duty pickup truck market share throughout the forecast period. Additionally, the report also provides an accurate prediction of the contribution of the various technologies to the growth of the heavy duty pickup truck market size.

Key highlights of the global heavy duty truck market analysis for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the heavy duty pickup truck market during the next five years
• Precise estimation of the global heavy-duty pickup truck market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the heavy-duty pickup truck industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on the factors that will challenge the growth of heavy-duty pickup truck companies

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