About Hybrid Commercial Vehicle
Commercial vehicles are defined as vehicles that are over 8,500 lb. in gross weight. These vehicles include heavy trucks and light commercial vehicles (LCVs), such as pickup trucks and vans. Internal combustion engines (ICE) propel most conventional commercial vehicles. However, recent emphasis on preserving the environment coupled with the need to explore and promote fuel-efficient energy sources has pushed manufacturers to explore fuel-efficient propulsion technologies. Hybrid engines represent one such technology.
A hybrid commercial vehicle combines two energy sources: mechanical (ICE) and electrical. The engine in a hybrid vehicle is smaller than that in a traditional vehicle. The combination of the two power sources helps the vehicle achieve better fuel economy and on-road performance. Hybrid commercial vehicles use efficient technologies (such as regenerative braking) to charge the battery by converting kinetic energy into electric energy.
Research Beam analysts forecast the global hybrid commercial vehicle market to grow at a CAGR of 17.37% during the period 2016-2020.
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Covered in this report
The report covers the present scenario and the growth prospects of the global hybrid commercial vehicle market for 2016-2020. To calculate the market size, the report considers the unit production of light and medium-duty trucks, heavy-duty trucks, and hybrid buses across regions.
The market is divided into the following segments based on geography:
Table Of Contents:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Five forces analysis
PART 06: Geographical segmentation
Global hybrid commercial vehicle market by geographical segmentation
Hybrid commercial vehicle market in Americas
Hybrid commercial vehicle market in EMEA
Hybrid commercial vehicle market in APAC
PART 07: Market drivers
Benefits of low fuel consumption and low cost of ownership
Stringent emission norms
Incentives and tax credits
PART 08: Impact of drivers
PART 09: Market challenges
PART 10: Impact of drivers and challenges
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