Technology News & Trends

Truck is a motor vehicle used to transport goods and the size of the truck varies according to their material handling capacity. The global truck market is primarily driven by the global economic growth. Rising demand for freight transport from emerging economies such as India, China, Brazil, and Mexico is estimated to boost the truck market in these countries. Development of infrastructure is assisting increased transportation, which in turn is boosting the demand for trucks. Availability of easy finance options, such as a loan and lease, is driving the sales of trucks to customers as well as rental companies. Increased manufacturing activities in Asia and rising export demands has improved freight traffic, thus driving the sales of trucks in Asia Pacific. Rising stringency of emission norms is prompting truck manufacturers to develop emission control technologies. Increased demand for fuel economy and trends of utilization of alternative fuels, such as LPG/CNG, to reduce emissio...

Truck is a motor vehicle used to transport goods and the size of the truck varies according to their material handling capacity. The global truck market is primarily driven by the global economic growth. Rising demand for freight transport from emerging economies such as India, China, Brazil, and Mexico is estimated to boost the truck market in these countries. Development of infrastructure is assisting increased transportation, which in turn is boosting the demand for trucks. Availability of easy finance options, such as a loan and lease, is driving the sales of trucks to customers as well as rental companies. Increased manufacturing activities in Asia and rising export demands has improved freight traffic, thus driving the sales of trucks in Asia Pacific. Rising stringency of emission norms is prompting truck manufacturers to develop emission control technologies. Increased demand for fuel economy and trends of utilization of alternative fuels, such as LPG/CNG, to reduce emissio...

Truck is a motor vehicle used to transport goods and the size of the truck varies according to their material handling capacity. The global truck market is primarily driven by the global economic growth. Rising demand for freight transport from emerging economies such as India, China, Brazil, and Mexico is estimated to boost the truck market in these countries. Development of infrastructure is assisting increased transportation, which in turn is boosting the demand for trucks. Availability of easy finance options, such as a loan and lease, is driving the sales of trucks to customers as well as rental companies. Browse The Report: https://www.transparencymarketresearch.com/truck-market.html Increased manufacturing activities in Asia and rising export demands has improved freight traffic, thus driving the sales of trucks in Asia Pacific. Rising stringency of emission norms is prompting truck manufacturers to develop emission control technologies. Increased demand for fuel e...