Global Goods Carriers Vehicle Market Overview:
The term goods carriers vehicle is used to identify a vehicle which main purpose is to transport goods or materials rather than passengers. The goods carrier vehicle market is anticipated to witness a considerable growth in near future with improved sales performance, particularly in emerging economies. Moreover, the digitization coupled with increasing infrastructural spending is projected to upraise the demand for goods carrier vehicles over the forecast period. However, environmental concerns associated with goods carrier vehicles Some of the players profiled in the study are Fukuta (Taiwan), BYD (China), ZF Friedrichshafen (Germany), Bosch (Germany), Mitsubishi (Japan), Hitachi (Japan), Daimler (Germany), Toyota Motor Corporation (Japan), Mahindra and Mahindra (India) and General Motors (United States).
On the basis of geography, the market of Goods Carriers Vehicle has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia Pacific region held largest market share in the year 2019. North America on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by End User, the sub-segment i.e. Industrial will boost the Goods Carriers Vehicle market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Rising demand in the logistics industry
- Integration of secure safety features
- Demand for specific transport solutions by end users
- Environmental concerns associated with goods carrier vehicles
- Introduction of electric vehicles
- Introduction of autonomous goods carrier vehicles
- Rising diesel prices along with stringent government regulations
Key Market Developments:
The key players are exploring the market in new regions by adopting mergers & acquisitions, expansions, investments, new product launches and collaborations as their preferred strategies.
On 7 Jan, 2019, Daimler Trucks North America (DTNA) introduced the first SAE Level 2 automated truck in series production in North America with the latest enhancements to the Freightliner new Cascadia
Manufacturers of goods carriers vehicle, Suppliers of goods carriers vehicle parts, Wholesalers, distributers and retailers of goods carriers vehicle, Automotive industry, Logistics and Governmental bodies
Major Objectives Focused through this Study
To define, describe, and forecast the Global Goods Carriers Vehicle market on the basis of product [PMSM, Asynchronous Motor and Others] , application [Plug-in hybrid electric vehicle (PHEV), Electric vehicle (EV) and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Goods Carriers Vehicle market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Goods Carriers Vehicle industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are JMEV (China), BAIC (China), Broad-Ocean (United States) and Ashok Leyland (India).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Goods Carriers Vehicle market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.