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THE GLOBAL HYBRID COMMERCIAL VEHICLE MARKET IS FORECASTED TO GROW AT A CAGR OF 19.57% DURING THE PERIOD 2017-2021
Wednesday, November 15, 2017

LONDON, Nov. 14, 2017 About Hybrid Commercial Vehicle

Hybrid commercial vehicles use a combination of an IC engine and an electric motor to power the vehicles. The vehicle uses either a combination of both or the preferred engine as per requirement. The inclusion of an electric motor provides instant torque when required and helps to increase fuel efficiency and reduce emissions.Download the full report: https://www.reportbuyer.com/product/3664252Technavio's analysts forecast the global hybrid commercial vehicle market to grow at a CAGR of 19.57% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global hybrid commercial vehicle market for 2017-2021. To calculate the market size, the report considers the Unit shipments.

The market is divided into the following segments based on geography:

-- Americas-- APAC-- EMEA

Technavio's report, Global Hybrid Commercial Vehicle Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-- Daimler-- Hino Motors-- PACCAR-- Volvo

Other prominent vendors

-- Mahindra & Mahindra

-- MAN

-- Tata Motors

Market driver

-- Decreasing price of Li-ion batteries-- For a full, detailed list, view our report

Market challenge

-- High initial investment

-- For a full, detailed list, view our report

Market trend

-- Growing popularity of hydrogen fuel cell hybrid-- For a full, detailed list, view our report

Key questions answered in this report

-- What will the market size be in 2021 and what will the growth rate be?

-- What are the key market trends?

-- What is driving this market?

-- What are the challenges to market growth?

-- Who are the key vendors in this market space?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Download the full report: https://www.reportbuyer.com/product/3664252

About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers https://www.reportbuyer.com

For more information:

Sarah Smith

Research Advisor at Reportbuyer.com

Email: query@reportbuyer.com

Tel: +44 208 816 85 48

Website: www.reportbuyer.com

View original content:http://www.prnewswire.com/news-releases/the-global-hybrid-commercial-vehicle-market-is-forecasted-to-grow-at-a-cagr-of-1957-during-the-period-2017-2021-300556311.html

SOURCE ReportBuyer



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