Hybrid Commercial Vehicle Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2021-2025
Published: Sep 2021 | Pages: 120 | SKU: IRTNTR43457 |
The hybrid commercial vehicle market has the potential to grow by 529.93 thousand units during 2021-2025, and the market's growth momentum will decelerate at a CAGR of 34.92%.
This hybrid commercial vehicle market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by type (LCVs and M and HCVs) and Geography (APAC, North America, Europe, South America, and MEA). The hybrid commercial vehicle market report also offers information on several market vendors, including AB Volvo, CNH Industrial NV, Daimler AG, Ford Motor Co., Isuzu Motors Ltd., Navistar International Corp., PACCAR Inc., Tata Motors Ltd., Toyota Motor Corp., and Volkswagen AG among others.
What will the Hybrid Commercial Vehicle Market Size be in 2021?
Browse TOC and LoE with selected illustrations and example pages of Hybrid Commercial Vehicle Market
Hybrid Commercial Vehicle Market: Key Drivers and Trends
Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The government efforts and stringent regulations on emissions is notably driving the hybrid CV market growth, although factors such as high upfront cost of hybrid CVs may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the hybrid commercial vehicle industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
|
|
This hybrid commercial vehicle market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Who are the Major Hybrid Commercial Vehicle Market Vendors?
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
- AB Volvo
- CNH Industrial NV
- Daimler AG
- Ford Motor Co.
- Isuzu Motors Ltd.
- Navistar International Corp.
- PACCAR Inc.
- Tata Motors Ltd.
- Toyota Motor Corp.
- Volkswagen AG
This statistical study of the hybrid commercial vehicle market encompasses successful business strategies deployed by the key vendors. The hybrid CV market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The hybrid commercial vehicle market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Which are the Key Regions for Hybrid Commercial Vehicle Market?
For more insights on the market share of various regions Request for a FREE sample now!
61% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for hybrid commercial vehicles in APAC. However, the market growth rate in APAC will be slower than the growth of the market in other regions.
The growing adoption of EVs will facilitate the hybrid commercial vehicle market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
What are the Revenue-generating Type Segments in the Hybrid Commercial Vehicle Market?
To gain further insights on the market contribution of various segments Request for a FREE sample
The hybrid commercial vehicle market share growth by the LCVs segment will be significant during the forecast period. The rising traffic congestion is increasing the adoption of LCVs over M&HCVs for transporting cargo in urban areas. The growing adoption of LCVs in urban areas can be attributed to the rise in the home delivery sector. The ongoing developments in alternative powertrains in pickup trucks are one of the major reasons that are expected to drive the LCVs segment of the hybrid CV market during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the hybrid CV market size and actionable market insights on post COVID-19 impact on each segment.
What are the Key Factors Covered in this Hybrid Commercial Vehicle Market Report?
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive hybrid commercial vehicle market growth during the next five years
- Precise estimation of the hybrid commercial vehicle market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the hybrid CV industry across APAC, North America, Europe, South America, and MEA
- A thorough analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of hybrid CV market vendors
We can help! Our analysts can customize this report to meet your requirements. Get in touch
Hybrid Commercial Vehicle Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Decelerate at a CAGR of 34.92% |
Market growth 2021-2025 |
529.93 th units |
Market structure |
Fragmented |
YoY growth (%) |
41.13 |
Regional analysis |
APAC, North America, Europe, South America, and MEA |
Performing market contribution |
APAC at 61% |
Key consumer countries |
China, US, Japan, Germany, and Norway |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
AB Volvo, CNH Industrial NV, Daimler AG, Ford Motor Co., Isuzu Motors Ltd., Navistar International Corp., PACCAR Inc., Tata Motors Ltd., Toyota Motor Corp., and Volkswagen AG |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Type
- Market segments
- Comparison by Type
- LCVs - Market size and forecast 2020-2025
- M and HCVs - Market size and forecast 2020-2025
- Market opportunity by Type
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- AB Volvo
- CNH Industrial NV
- Daimler AG
- Ford Motor Co.
- Isuzu Motors Ltd.
- Navistar International Corp.
- PACCAR Inc.
- Tata Motors Ltd.
- Toyota Motor Corp.
- Volkswagen AG
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
PURCHASE FULL REPORT OF
hybrid commercial vehicle market market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
Why should you prefer Technavio's market insights report?
- Off-the-shelf research reports
- Reports can be tailored to meet the customer's needs
- Trusted by more than 100 fortune 500 organizations
- Information about the market's key drivers, trends, and challenges
- Parent market analysis
- Every week, 50,000 people visit our subscription platform
- Detailed vendors report with competitive landscape
- Covid-19 impact and recovery analysis
- Data on revenue-generating market segments
- Details on the market shares of various regions
- Five-force market analysis