Global High Performance Truck Market Key Trends, Size, Growth, Shares and Forecast Research Report 2015-2019

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Market outlook of high performance trucks

The high performance truck market is growing at a slow pace mainly due to flat market in matured markets like EMEA and the Americas due to stagnant economic growth leading to low investment in construction and mining activities. Technavios market research analysts estimate the market to reach over 4 million in unit sales during the forecast period.

Strict emission norms is forcing the OEMs to adopt advance fuel efficient technologies such as AMT, usage of lightweight materials, engine downsizing and alternative powertrain which has led to increased cost of production of high performance trucks, This incremental cost is pushed upon the consumer which has expected to have a negative impact on the market.

However, the growth of high performance trucks is observed in the APAC region, especially in countries such as India, Indonesia, Thailand, China, and Malaysia. The increasing demand for infrastructure and growing economy in these countries will stimulate demand for high performance trucks in the forecast period.

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Market landscape for the global high performance truck market

The major utility of high performance trucks is goods transportation across cities and in construction or mining activities. Road transport plays a vital role in a countries economy as it is the link between ports and cities, and high performance trucks are used to transport goods in a quick and efficiently across a country. Enhanced performance and driver comfort and safety in high performance trucks are the key trends observed in high performance truck market.

The report covers the present scenario and the growth prospects of the global high performance trucks market for the period 2015-2019. The...