DUBLIN--(BUSINESS WIRE)--The "Global Mini Truck Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The global mini truck market is to grow at a CAGR of 1.2% during the period 2018-2022.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is the introduction of electric and hybrid mini trucks. Mini truck manufacturers are investing heavily in the development of electric mini trucks due to government motivation and the rising need for eco-friendly mobility. The demand for the electric mini truck is increasing as they are economical in terms of operational costs, as compared with diesel or gasoline-electric trucks.
According to the report, one driver in the market is mini truck pooling and renting. In recent times, it has been observed that software developing companies and vehicle rental companies are working in collaboration, and developing applications that can register mini utility truck with each owner through a mobile application.
Further, the report states that one challenge in the market is limited features of mini trucks. Mini trucks are generally made to target the cost-sensitive markets of emerging countries like India, China, Vietnam, Indonesia, and Thailand. The buyers of commercial vehicles in these countries generally look for cost-effective vehicles with limited maintenance and increased storage space for transporting loads.
Key Vendors
- Ashok Leyland
- Dongfeng Motor
- Honda Motor
-
Nissan Motor
- Tata Motors
- Wuling Motor
Key Topics Covered
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Market Sizing
Part 06: Five Forces Analysis
Part 07: Market Segmentation by Product
Part 08: Customer Landscape
Part 09: Regional Landscape
Part 10: Decision Framework
Part 11: Drivers and Challenges
Part 12: Market Trends
Part 13: Vendor Landscape
Part 14: Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/dp5k47/global_mini_truck?w=4