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Hybrid commercial vehicle market explored in latest research

Hybrid commercial vehicle market explored in latest research

Research analysts forecast the global hybrid commercial vehicle market to grow at a CAGR of 19.57% during the period 2017-2021.

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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.

Covered in this report

The global hybrid commercial vehicle market report covers the in-depth analysis of the global hybrid commercial vehicle market across various parameters such as market size in terms of value and volume, growth rate, category-wise segmentation, and other insightful date for the period of 2017 – 2021.

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Get a PDF Sample of Global Hybrid Commercial Vehicle Market Report at: www.orbisresearch.com/contacts/request-sample/519800

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

  • Americas
  • APAC
  • EMEA

Key vendors

  • Daimler
  • Hino Motors
  • PACCAR
  • Volvo

Research 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.

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.

Companies Mentioned:

Daimler, Hino Motors, PACCAR, Volvo, Mahindra & Mahindra, MAN, and Tata Motors.

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