Global Mini Truck Market 2018-2022 | Heavy-duty Mini Trucks Segment Dominates the Market | Technavio
LONDON--(BUSINESS WIRE)--Jul 31, 2018--According to the latest market research report released by Technavio, the global mini truck market is expected to grow to 8.09 million units by 2022. Mini truck pooling and renting is one of the key factors triggering the growth of the market.
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Technavio has published a new market research report on the global mini truck market from 2018-2022. (Graphic: Business Wire)
This research report titled ’ ’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
The market research analysis categorizes the global mini truck market into the following products:Light-duty mini trucks Heavy-duty mini trucks
In 2017, the heavy-duty mini trucks segment accounted for closely 55% of the global market and is projected to decline to 50% by 2022, exhibiting almost 5% decrease in market share.
Global mini truck market: Top emerging trend
Introduction of electric and hybrid mini trucks is an emerging trend in the mini truck space. Government encouragement and the rising need for green and eco-friendly mobility is urging vehicle makers to invest in the development of electric mini trucks. Electric mini trucks are highly economical in terms of operational costs as compared to diesel or gasoline-electric trucks. Players in the market have realized the advantages of electric and hybrid technologies and started developing, while a few have already released, their models.
Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
Technavio’s report provides expert market research on the following topics:
Executive ReportMarket Outline Global Mini Truck Market Overview
Market InsightsMarket Sizing and Forecasts Market Growth Market Drivers and Challenges Key Emerging Trends
Market Segmentation AnalysisRegional comparison (APAC, Americas, and EMEA) Key leading countries Market segmentation by product (light-duty mini trucks and heavy-duty mini trucks)
Vendor LandscapeVendor classification Market positioning of vendors Competitive scenario Analysis of top vendors (Ashok Leyland, Dongfeng Motor, Honda Motor, NISSAN MOTOR, Tata Motors, and Wuling Motor)
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PUB: 07/31/2018 10:45 AM/DISC: 07/31/2018 10:45 AM