Global High Performance Trucks Market Analysis, Growth, Trends & Forecast 2018-2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--May 16, 2018--The “Global High Performance Trucks Market - Segmented by Type, End-user, Vehicle Type, and Geography - Growth, Trends, and Forecast (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.
The global market for high-performance trucks is growing at a CAGR of 5.83% during the forecast period.
The sports segment has also received huge traction in the market with increased emphasis on performance and styling from racing enthusiasts. The trucks usually have customized components like fine-tuned chassis, coupled with well-designed supercharger and intercooler package. The market for high-performance sports trucks is expected to grow at a CAGR of around 12.28% during the forecast period.
TRD, a concept sports truck, was modified by Toyota with internal engine components of new pistons, connecting rods, camshafts and other equipment to provide 400 horsepower and 350 lb.-ft. torque. This configuration provides a boost of over 160 horsepower and 80 lb.-ft. torque. The engine is coupled to the six-speed manual transmission, using a special billet steel flywheel, 30% lighter than the conventional ones.
The increasing demand for performance trucks in industrial applications has also helped to increase imports significantly. The commercial trucks are also getting modified for the internal engine components with new pistons, connecting rods, camshafts and other equipment to provide enhanced performance and adequate boost. The long-haul trucks are expected to account for the highest growth in the high-performance truck segment in the global market.
Companies MentionedArden Caterpillar Chevrolet Daimler Trucks Dodge Ford Motor Company GMC Isuzu Iveco Nissan TATA Toyota Volvo Trucks
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Overview and Technological Trends
5. Market Dynamics
6. High-performance Trucks Market Segmentation, by Transmission Type
7. High-performance Trucks Market Segmentation, By Vehicle Type
8. High-performance Trucks Market Segmentation, By Engine Type
9. High-performance Trucks Market Segmentation, by Geography
10. Competitive Landscape
11. Company Profiles
12. Outlook of the Market
For more information about this report visit https://www.researchandmarkets.com/research/xwxm8h/global_high?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180516005905/en/
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PUB: 05/16/2018 10:19 AM/DISC: 05/16/2018 10:19 AM