United States Pickup Truck Market 2015-2019 with FCA US, Ford Motor, General Motors, Nissan & Toyota Dominating
DUBLIN, Sept. 15, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/98f9cv/pickup_truck) has announced the addition of the "Pickup Truck Market in the US 2015-2019" report to their offering.
The pickup truck market in the US to grow at a CAGR of 4.01% over the period 2014-2019.
The report, Pickup Truck Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report presents the vendor landscape and a corresponding detailed analysis of the leading six vendors in the market. The report includes a discussion of the key vendors operating in this market.
In the US, pickup trucks are mainly used for trade; however, they also used for personal transport. Modern pickup trucks are available with automatic transmissions instead of a manual transmission and are equipped with advanced features such as Bluetooth, AWD, and DVD players. These features are improving the demand for pickup trucks in the US. The pickup trucks segment in the US is one of the most popular segments of the automotive market in the US.
The advent of electric pickup trucks is a key trend observed in this market. Electric vehicles have the capability to provide plenty of torque from a very low RPM. This makes electric vehicles a perfect option for being used as a pickup truck because of fuel bill savings.
According to the report, the high adaptability and demand of pickup trucks is a major driver that propels growth in this market. Since the latest generation of pickup trucks is more fuel-efficient, small business owners spend less on gas, making it more preferable for them to purchase one.
Further, the report states that the expanded regulatory requirements is a challenge faced by the market. Since pickup trucks are one of the major sources of transportation-related greenhouse gas emissions in the US, an objective has been set to control vehicle emissions by reducing the CO2 emission levels.
This report covers the present scenario and the growth prospects of the pickup truck market in the US for the period 2015-2019. The report includes the unit sales of pickup trucks in the US by OEMs.
Key Vendors
- FCA US
- Ford Motor
- General Motors
- Nissan
- Toyota
Other Prominent Vendors
- Daimler Trucks North America
- Honda
- Isuzu Commercial Truck of America
- Tiger Truck Industries International
- VIA Motors
- Volkswagen
For more information visit http://www.researchandmarkets.com/research/98f9cv/pickup_truck
Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net
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