High-Performance Trucks Market Overview:

The high-performance truck comprises a high-performance traction system and is equipped with powerful motors and intelligent electric control systems. As consumer tastes shift further toward SUVs and trucks, companies are diversifying their line-ups with off-roaders and fast, high-performance trucks and SUVs. Simultaneously, consumers get attracted to the livability of these vehicles, compared with sports cars and off-roaders, which in turn, escalates the sales, owing to the growing popularity and adoption.

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Global High-Performance Trucks Market – Geographical Analysis

Asia Pacific market for high-performance trucks is projected to lead the global market followed by the markets in North America and Europe region respectively. Booming construction industry coupled with the growing population in China, Indonesia & India attributes the regional growth. Same trends will be contributing to the market growth in the future as well.

The major factors substantiating the market growth include the introduction of regulatory developments such as emission control norms, axle loading, and the shift in consumer preferences towards premium trucks. The increasing infrastructure projects in India, South Korea, China, and Japan are expected to generate huge demand for high-performance dumping trucks in the region.

The US is a lucrative market too, showcasing a range of high-performance trucks. Furthermore, the sales of passenger cars and SUVs and trucks were almost at parity just a few years ago, but with the exception of a spike in 2012, car sales have fallen while truck sales have risen. The trend is expected to continue substantiating the market growth in the US as eventually in the North America Region.

Based on transmission type, the market has been segmented as Automatic, Manual and Semi-automatic. Amongst these, the semi-automatic segment is projected to be the fastest growing segment owing to the benefits provided by such transmission such as comfort similar to the automatic transmission system and fuel efficiency which is also achieved by manual transmission. Also, the low cost of semi-automatic transmission as compared to the automatic transmission system is leading due to an increase in the use of the developing and the cost-sensitive region such as the Asia Pacific.       

Geographically, the global High-performance trucks market has been divided into four major regions such as North America, Europe, Asia Pacific and Rest of the World. Asia Pacific region is expected to dominate the growth of the global high-performance trucks market. The major factors contributing into the growth of this industry are the introduction of regulatory developments such as axle loading, emission control norms and the shift in consumer preferences towards premium trucks. The upcoming Olympic events, which are arranged in South Korea, China and Japan are further expected to generate huge demand for high-performance dumping trucks in the region.

Table Of Contents:

1 Executive Summary

2 Research Methodology

2.1 Scope Of The Study

2.1.1 Definition

2.1.2 Research Objective

2.1.3 Assumptions

2.1.4 Limitations

2.2 Research Process

2.2.1 Primary Research

2.2.2 Secondary Research

2.3 Market Size Estimation

2.4 Forecast Model

3 Market Dynamics

3.1 Market Drivers

3.2 Market Inhibitors

3.3 Supply/Value Chain Analysis

3.4 Porter’s Five Forces Analysis

Continued…

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