Global Off-highway Hybrid Commercial Vehicles Market 2014-2018 is the latest addition to Sandlerresearch.org industry research reports collection.
As a result of an increase in fuel prices and global warming, there is a need for technologies that reduce the fuel expenditure and greenhouse gas emissions. Hybrid technology offers the most viable solution to this problem. Off-highway hybrid commercial vehicles are mainly used in three sectors: Agriculture, Construction, and Mining. IT is expected that there will be an increase in agricultural activities worldwide in the future, leading to the demand for off-highway hybrid commercial vehicles. Also, an increase in infrastructure projects worldwide, especially in emerging economies, will lead to an increase in the demand for off-highway commercial vehicles.
Analysts forecast the Global Off-highway Hybrid Commercial Vehicle market to grow at a CAGR of 60.16 percent over the period 2013-2018.
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The report recognizes the following companies as the key players in the Global Off-highway Hybrid Commercial Vehicles Market: Caterpillar Inc., Mitsubishi Corp., STILL GmbH and Toyota Motors Corp.
Other Prominent Vendors in the market are: Atlas Copco, CNH Industrial, Deere, Doosan, Hitachi, Kobelco Cranes, Komatsu, Mecalac Ahlmann, Sany Group, Shantui Construction Machinery, Sunward Intelligent Equipment, Volvo, Wayhausen and Yuchai.
The increased use of electronic components is one of the major trends that have a positive impact on this market. Technological advancements are in progress to reduce emissions. Hybrids have now become an alternative and the most viable solution to the problem of emissions. Governments worldwide are playing an active role in protecting the environment by making sincere efforts to reduce greenhouse gas emissions and carbon footprints.
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Covered in this Report
The report covers the present scenario and the growth prospects of the Global Off-highway Hybrid Commercial Vehicle market for the period 2014-2018. In terms of geography, the market can be segmented into three: the Americas, and the APAC and EMEA regions.
Global Off-highway Hybrid Commercial Vehicle Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA region; it also covers the Global Off-highway Hybrid Commercial Vehicle market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
According to the report, one of the major drivers in this market is fuel economy, which refers to the mileage of a vehicle per unit of fuel. Consumer demand for better fuel economy has compelled many automotive manufacturers to develop new models with improved fuel efficiency.
Further, the report states that the high initial acquisition costs that keep price-sensitive potential customers from buying these vehicles is one of the major challenges. On average, hybrid vehicles can cost around 20-25 percent more than a conventional gasoline or diesel vehicle. However, manufacturers have plans to increase their production of hybrid vehicles, which will result in a reduction in manufacturing costs, as they would implement economies of scale.
Table of Contents
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
06. Market Landscape
07. Market Segmentation by Vehicle Type 2018
08. Major Components of Off-highway Hybrid Commercial Vehicle
09. Geographical Segmentation
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Trends and their Impact
17. Vendor Landscape
18. Key Vendor Analysis
19. Other Reports in this Series
List of Exhibits
Exhibit 1: Market Research Methodology
Exhibit 2: Global Off-highway Hybrid Commercial Vehicles Market 2013-2018 (units)
Exhibit 3: Market Segmentation by Vehicle Type 2013
Exhibit 4: Market Segmentation by Vehicle Type 2013
Exhibit 5: Components Groups of Off-highway Hybrid Commercial Vehicle
Exhibit 6: Off-highway Hybrid Commercial Vehicle - Revenue Segmentation by Components 2013
Exhibit 7: Global Off-highway Hybrid Commercial Vehicles Market by Geographical Segmentation 2018 ( Unit Shipments)
Exhibit 8: Caterpillar: Business Segmentation by Revenue 2013
Exhibit 9: Caterpillar: Business Segmentation by Revenue 2012 and 2013 (US$ billion)
Exhibit 10: Caterpillar: Geographical Segmentation by Revenue 2013
View all 17 Exhibits
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