Vietnam High-Performance Trucks Market Report 2022: Increasing Stringency of Emission Norms and Growing Demand for Low-Emission Alternative Fuel Engines – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Vietnam High-Performance Trucks Market, By Vehicle Type (Light Duty Truck, Medium Duty Truck, Heavy Duty Truck), By Power Output (250-400 HP, 401-550 HP and >550 HP), By Transmission, By Fuel Type, By Region, Competition Forecast & Opportunities, 2017-2027” report has been added to ResearchAndMarkets.com’s offering.

Vietnam high-performance trucks market is anticipated to grow at a formidable rate during the forecast period. The market growth can be attributed to the increasing stringency of emission norms and growing demand for low-emission alternative fuel engines.

Rising technological advancements, growing construction activities and organized logistics sector are fuelling the growth of the Vietnam high-performance trucks market. Increasing focus towards fuel economy standards is boosting the growth of the Vietnam high-performance trucks market.

Moreover, increasing demand for special application and long-haul trucks for efficient transportation of goods is expected to drive the growth of the Vietnam high-performance trucks market.

Increasing number of applications requiring high torque/power output owing to rapid urbanization and industrialization activities is creating a need for enhanced power output engines designed for carrying heavy loads. Additionally, rising investments in road infrastructure and fuel efficiency regulations are propelling the growth of the Vietnam high-performance trucks market.

The growing need for high performance trucks with refrigeration to transport temperature sensitive items and other biological materials across various end user industries like healthcare, food & beverage, etc. are also adding to the market growth.

Enhanced focus of government towards sanitization and hygiene has led to an increased adoption of garbage trucks across urban areas, which is expected to boost the growth of the Vietnam high-performance trucks market in the forecast period.

Vietnam high-performance trucks market is segmented on the basis of vehicle type, power output, transmission, fuel type, region, and company. Based on the vehicle type, the market has been segmented into Medium Duty Truck, Light Duty Truck and Heavy Duty Truck. The Medium Duty trucks segment is expected to hold the largest share in the market during the forecast period due to factors such as growing logistics industry and increased need for fuel efficiency.

Report Scope:

In this report, Vietnam High-Performance Trucks Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Vietnam High-Performance Trucks Market, By Vehicle Type:

• Light Duty Truck
• Medium Duty Truck
• Heavy Duty Truck

Vietnam High-Performance Trucks Market, By Power Output:

• 250-400 HP
• 401-550 HP
• >550 HP

Vietnam High-Performance Trucks Market, By Transmission:

• Automatic
• Manual

Vietnam High-Performance Trucks Market, By Fuel Type

• Diesel
• Petrol/CNG
• Others

Vietnam High-Performance Trucks Market, By Region:

• South Vietnam
• North Vietnam
• Central Vietnam

Key Topics Covered:

1. Product Overview

2. Research Methodology

3. Executive Summary

4. Impact of COVID-19 on Vietnam High-Performance Trucks Market

5. Voice of Customer

5.1. Factors Influencing Purchase Decision

5.2. Brand Awareness

5.3. Brand Satisfaction Level

6. Vietnam High-Performance Trucks Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value & Volume

6.2. Market Share & Forecast

6.2.1. By Vehicle Type (Light Duty Truck, Medium Duty Truck, Heavy Duty Truck)

6.2.2. By Power Output (250-400 HP, 401-550 HP and >550 HP)

6.2.3. By Transmission (Automatic, Manual)

6.2.4. By Fuel Type (Diesel, Petrol/CNG, Others)

6.2.5. By Region

6.2.6. By Company (2021)

6.3. Product Market Map

7. Vietnam High Performance Light Duty Truck Market Outlook

8. Vietnam High Performance Medium Duty Truck Market Outlook

9. Vietnam High Performance Heavy Duty Truck Market Outlook

10. Market Dynamics

10.1. Drivers

10.2. Challenges

11. Market Trends & Developments

12. Policy & Regulatory Landscape

13. Product Benchmarking

14. Vietnam Economic Profile

Companies Mentioned

• FCA US LLC
• UD Trucks Corp.
• Tata Motors.
• Foton Motor Inc
• Daimler AG

For more information about this report visit https://www.researchandmarkets.com/r/ew6spv

Contacts

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900