LONDON--(BUSINESS WIRE)--Technavio has been monitoring the global commercial vehicle urea tank market size and it is poised to grow by 1296.78 thousand units during 2020-2024, progressing at a CAGR of 2% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is concentrated, and the degree of concentration will accelerate during the forecast period. ACGB France, Centro Inc., Cummins Inc., Dongguan Zhengyang Electronic Mechanical Ltd., Elkamet Kunststofftechnik GmbH, Gemini Group Inc., Hitachi Zosen Corp., National Oilwell Varco Inc., Röchling SE & Co. KG, and Salzburger Aluminium AG are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The increased penetration of selective catalytic reduction (SCR) systems in commercial vehicles have been instrumental in driving the growth of the market. However, increased production costs of urea tanks due to the rise in prices of high-density polyethylene might hamper market growth.
Commercial Vehicle Urea Tank Market 2020-2024 : Segmentation
Commercial Vehicle Urea Tank Market is segmented as below:
- LCV Urea Tank
- HCV Urea Tank
- North America
- South America
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Commercial Vehicle Urea Tank Market 2020-2024 : Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our commercial vehicle urea tank market report covers the following areas:
- Commercial Vehicle Urea Tank Market size
- Commercial Vehicle Urea Tank Market trends
- Commercial Vehicle Urea Tank Market industry analysis
This study identifies the development of single module aftertreatment system as one of the prime reasons driving the commercial vehicle urea tank market growth during the next few years.
Commercial Vehicle Urea Tank Market 2020-2024 : Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the commercial vehicle urea tank market, including some of the vendors such as ACGB France, Centro Inc., Cummins Inc., Dongguan Zhengyang Electronic Mechanical Ltd., Elkamet Kunststofftechnik GmbH, Gemini Group Inc., Hitachi Zosen Corp., National Oilwell Varco Inc., Röchling SE & Co. KG, and Salzburger Aluminium AG. Backed with competitive intelligence and benchmarking, our research reports on the commercial vehicle urea tank market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Commercial Vehicle Urea Tank Market 2020-2024 : Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist commercial vehicle urea tank market growth during the next five years
- Estimation of the commercial vehicle urea tank market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the commercial vehicle urea tank market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of commercial vehicle urea tank market vendors
Table Of Contents :
- Market ecosystem
- Market Characteristics
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2019
- Market Outlook
- Market size and forecast for 2019 - 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Application by Volume
- Market segments
- Comparison by Application by volume
- LCV urea tank - Market size and forecast 2019-2024 ($ millions)
- HCV urea tank - Market size and forecast 2019-2024 ($ millions)
- Market opportunity by Application by volume
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Vendor landscape
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- ACGB France
- Centro Inc.
- Cummins Inc.
- Dongguan Zhengyang Electronic Mechanical Ltd.
- Elkamet Kunststofftechnik GmbH
- Gemini Group Inc.
- Hitachi Zosen Corp.
- National Oilwell Varco Inc.
- Röchling SE & Co. KG
- Salzburger Aluminium AG
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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