Scope of the Study
The commercial fuel tank acts as a reservoir or container for flammable fluids or used for storage of fuel & has a secondary function of Cooling of the fuel. The design of these tanks is important for performance and safety concern. It is an important part of the vehicle engine system in which the fuel is stored and driven (fuel pump) or released into an engine. Increasing construction and mining activity across the globe has boosted the demand for the commercial vehicle fuel tank.
The market study is being classified by Type (Plastic Fuel Tank and Metal Fuel Tank), by Application (Light Commercial Vehicles (LCVs) and Heavy Commercial Vehicles (HCVs)) and major geographies with country level break-up.
Ti Automotive (United Kingdom), Magna International (Canada), Yachiyo Industry (Japan), The Plastic Omnium (France), Hwashin Co, Ltd. (South Korea), Textron - Kautex (Germany), Unipres (Japan), Fuel Total Systems (Japan), Magna International (Canada) and SMA Serbatoi S.P.A. (Italy) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are SMA Serbatoi S.P.A. (Italy).
Research Analyst at AMA predicts that South Korea Vendors will contribute to the maximum growth of Global Commercial Vehicle Fuel Tank market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Commercial Vehicle Fuel Tank market by Type, Application and Region.
On the basis of geography, the market of Commercial Vehicle Fuel Tank 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Adoption of Commercial Vehicle in Construction Activity
- Cost Associated With Fuel Tank
- Government Regulations and Advance Technologies Offering a Growth Opportunity for The Fuel Tank Manufacturer
- High Cost of Composite Tanks and Regulatory Approvals
Key Target AudienceCommercial Vehicle Fuel Tank Manufacturer, Raw Material Suppliers, Truck Manufacturer, Research Organization, Government Regulatory Bodies and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase