Pickup Truck Market in the US to grow at a CAGR of 4.01% over the period 2014-2019; Finds New Report

Report forecast the pickup truck market in the US to grow at a CAGR of 4.01% over the period 2014-2019.

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.

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.

The pickup truck market in the US is segmented as per the product type:

• Small/mid-sized pickup truck
• Full-size pickup truck

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.

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.

Key players in the Pickup Truck Market in the US: FCA US, Ford Motor, General Motors, Nissan, and Toyota.

Other Prominent Vendors in the market are: Daimler Trucks North America LLC, Honda, Isuzu Commercial Truck of America, Tiger Truck Industries International, Inc., VIA Motors Inc., and Volkswagen. 

Key Market Driver

• Declining Fuel Prices
• For a full, detailed list, view our report

Key Market Challenge

• Expanded Regulatory Requirements
• For a full, detailed list, view our report

Key Market Trend

• Emergence of Electric Pickup Trucks
• For a full, detailed list, view our report

Key Questions Answered in this 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?

Spanning over 80 pages “Pickup Truck Market in the US 2015-2019” report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Market Segmentation by Product Type, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

For further information on this report, please visit- http://mrr.cm/4yJ

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