Market Overview:
The global high-performance truck market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for high-performance trucks from various end-use applications, such as distribution, container, dumping, refrigeration, tanker and special application segments. In terms of type, the automatic transmission segment is expected to hold a major share of the global high-performance truck market during the forecast period. This can be attributed to its advantages over other types of transmissions in terms of fuel efficiency and performance.
Product Definition:
A high-performance truck is a vehicle that has been specifically modified for improved handling and performance. These trucks can be used for racing or for general use on the street. They typically have upgraded engines, suspensions, and brakes, which allow them to handle more power and provide better performance than stock trucks.
Automatic Transmission:
Automatic transmission is a gear shifting mechanism that reduces fuel consumption and increases mileage. It also aids in improving the driver’s experience as it offers better comfort, control, and safety. The global automatic transmission market size was valued at USD 150 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period.
Semi-automatic Transmission:
Semi-automatic transmission (SAT) is a gearless, manual transmission system that uses automated controls to select the next appropriate gear. It can be operated either as a standalone system or in conjunction with an automatic transmission.
The primary benefit of using SAT instead of an automatic is that it offers the driver complete control over driving the vehicle at all times and reduces chances of driver fatigue or distraction due to lack of gears.
Application Insights:
The distribution application segment accounted for the largest revenue share of over 30% in 2017. The demand for high-performance trucks is expected to increase owing to rising e-commerce activities across the globe. The distribution centers require a large number of trucks with different types and sizes of containers since it is an open system that requires a constant flow of boxes from suppliers to stores or warehouses.
The use of automatic transmission enables smooth gear changes while driving, improving fuel efficiency and reducing emissions significantly as compared to other vehicles using conventional manual transmissions. Distribution centers are major consumers in North America region due largely to increasing e-commerce activities there, which has fueled the growth in this region over the past few years.
Specialized applications include refrigerated transport, tankers,.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and urbanization in the region. The growing manufacturing sector, especially in China, India, Japan and South Korea is anticipated to drive the demand for heavy-duty commercial vehicles over the forecast period. Furthermore, rising investments by governments in developing countries such as China and India are projected to fuel product demand on account of their strategic initiatives such as One Belt One Road (OBOR) and Bharat Mala project respectively which include construction of roads across national borders thus creating new opportunities for global players operating in this space.
Europe was estimated at around USD X billion in 2017 owing high performance requirements associated with professional sports leagues including Premier League football clubs that use trucks for transportation purposes thereby driving product sales across this region.
Growth Factors:
- Increasing demand for high-performance trucks from the commercial segment owing to the growth of e-commerce and logistics sector.
- Proliferation of innovative technologies in trucking industry that are enhancing the performance of trucks, such as advanced driver assistance systems (ADAS) and autonomous driving features.
- Growing preference for lightweight trucks among fleet operators due to their fuel efficiency and low emissions levels.
- Rising demand for used high-performance trucks from the commercial segment as they offer cost benefits over new vehicles.
Scope Of The Report
Report Attributes
Report Details
Report Title
High-Performance Truck Market Research Report
By Type
Automatic Transmission, Semi-automatic Transmission, Manual Transmission
By Application
Distribution, Container, Dumping, Refrigeration, Tanker, Special Application
By Companies
Daimler, Volvo, MAN, GMC, Ford, Daimler
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
225
Number of Tables & Figures
158
Customization Available
Yes, the report can be customized as per your need.
Global High-Performance Truck Market Report Segments:
The global High-Performance Truck market is segmented on the basis of:
Types
Automatic Transmission, Semi-automatic Transmission, Manual Transmission
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Distribution, Container, Dumping, Refrigeration, Tanker, Special Application
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Daimler
- Volvo
- MAN
- GMC
- Ford
- Daimler
Highlights of The High-Performance Truck Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Automatic Transmission
- Semi-automatic Transmission
- Manual Transmission
- By Application:
- Distribution
- Container
- Dumping
- Refrigeration
- Tanker
- Special Application
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the High-Performance Truck Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A high-performance truck is a vehicle designed for off-road use, typically with more power and better handling than a regular pickup truck.
Some of the major companies in the high-performance truck market are Daimler, Volvo, MAN, GMC, Ford, Daimler.
The high-performance truck market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High-Performance Truck Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 High-Performance Truck Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High-Performance Truck Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the High-Performance Truck Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global High-Performance Truck Market Size & Forecast, 2020-2028
4.5.1 High-Performance Truck Market Size and Y-o-Y Growth
4.5.2 High-Performance Truck Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Automatic Transmission
5.2.2 Semi-automatic Transmission
5.2.3 Manual Transmission
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Distribution
6.2.2 Container
6.2.3 Dumping
6.2.4 Refrigeration
6.2.5 Tanker
6.2.6 Special Application
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High-Performance Truck Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 High-Performance Truck Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Automatic Transmission
9.6.2 Semi-automatic Transmission
9.6.3 Manual Transmission
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Distribution
9.10.2 Container
9.10.3 Dumping
9.10.4 Refrigeration
9.10.5 Tanker
9.10.6 Special Application
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Automatic Transmission
10.6.2 Semi-automatic Transmission
10.6.3 Manual Transmission
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Distribution
10.10.2 Container
10.10.3 Dumping
10.10.4 Refrigeration
10.10.5 Tanker
10.10.6 Special Application
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Automatic Transmission
11.6.2 Semi-automatic Transmission
11.6.3 Manual Transmission
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Distribution
11.10.2 Container
11.10.3 Dumping
11.10.4 Refrigeration
11.10.5 Tanker
11.10.6 Special Application
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Automatic Transmission
12.6.2 Semi-automatic Transmission
12.6.3 Manual Transmission
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Distribution
12.10.2 Container
12.10.3 Dumping
12.10.4 Refrigeration
12.10.5 Tanker
12.10.6 Special Application
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Automatic Transmission
13.6.2 Semi-automatic Transmission
13.6.3 Manual Transmission
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Distribution
13.10.2 Container
13.10.3 Dumping
13.10.4 Refrigeration
13.10.5 Tanker
13.10.6 Special Application
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 High-Performance Truck Market: Competitive Dashboard
14.2 Global High-Performance Truck Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Daimler
14.3.2 Volvo
14.3.3 MAN
14.3.4 GMC
14.3.5 Ford
14.3.6 Daimler
