pickup truck market in the us 2015-2019
TRANSCRIPT
Covered in this Report
• This report covers the present scenario and the growth prospects of the pickup truck market in the US for the period 2015-2019.
• Technavio's 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.
Pickup Truck Market in the US 2015-2019
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Market Overview• 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.
• Technavio's analysts forecast the pickup truck market in the US to grow at a CAGR of 4.01% over the period 2014-2019.
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Key Vendors and Regions
• FCA US
• Ford Motor
• General Motors
• Nissan
• Toyota
• Daimler Trucks North America
• Honda
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• US
Vendors Regions
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Key Findings
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• With engineering advances gradually being introduced into the pickup truck market in the US, OEMs are now focussing on adding new features to their trucks so as to maintain their competitiveness in the market and attract more customers.
• Changes to pickup truck interiors and their available functionalities are expected to be much more radical compared with their exteriors during the forecast period.
• Over the past decade, pickup trucks were known for having no-frills, and they usually had fewer features than SUVs or other passenger cars.
• However, in the current market scenario, pickup trucks are also increasingly being used for other applications as well as being used as work trucks.
• Luxury pickup trucks are among the most expensive vehicles running on the roads, and they are also in the highest profit generating product portfolio for Detroit's Big Three automakers: Ford Motor, General motors, and FCA US.
Key Questions Answered in Our Report
• What will the market size be in 2019 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?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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Pickup Truck Market in the US 2015-201983 Pages | SKU: IRTNTR6562
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