Utility Trucks Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Garbage Truck, Fire Truck, Dump Truck, Sweeper Truck); Propulsion Type (Diesel, Gasoline, CNG, Electric, Hybrid) and Geography
Report Code: TIPRE00008358
| No. of Pages: 150
| Category: Automotive and Transportation
| Status: Upcoming
Utility trucks are mounted with carriage and other specialty mountings to carry out specific tasks such as garbage collection and sweeping. .Furthermore, demand for utility trucks is growing at a rapid rate in all regions of the world. Utility trucks are widely used in urban areas, and the industrialization and urbanization are expected to increase demand for utility trucks in the forecast period.
The "Global Utility Trucks Market Analysis to 2028" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of the utility trucks market with detailed market segmentation by type, propulsion type, and geography. The report provides key statistics on the market status of the leading utility trucks players and offers key trends and opportunities in the market. MARKET SEGMENTATION
Based on type, the global Utility trucks market is segmented into garbage truck, fire truck, dump truck, and sweeper truck.
On the basis of propulsion type, the market is segmented into diesel, gasoline, CNG, electric, and hybrid.
MARKET DYNAMICS Drivers:
Introduction of technologically advanced electric and hybrid utility truck
Increasing urbanization and increasing generated waste
High cost of electric utility truck.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The utility trucks market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Utility trucks market in these regions.
IMPACT OF COVID-19 ON UTILITY TRUCKS MARKET COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
Get more information on this report :
The report covers key developments in the Utility trucks market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Utility trucks market are anticipated to lucrative growth opportunities in the future with the rising demand for Utility trucks market in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Utility trucks market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
Aebi Schmidt Group
BYD Motors Inc.
China FAW Group Co.,Ltd.
Dongfeng Commercial Vehicle Company Limited
Rosenbauer International AG.
The Insight Partner’s dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
Get more information on this report :
The List of Companies
1. Aebi Schmidt Group
2. AB Volvo
3. Bucher Industries
4. BYD Motors Inc.
5. China FAW Group Co.,Ltd.
6. Daimler AG
7. Dongfeng Commercial Vehicle Company Limited
8. Dover Corporation
10. Rosenbauer International AG.