Dublin, Dec. 07, 2018 (GLOBE NEWSWIRE) -- The "Global Commercial Vehicle Fuel Tank Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

One trend in the market is increasing adoption of plastic fuel tanks to reduce vehicle weight.

Fuel tanks were conventionally made of steel. However, there is an increase in the use of plastic fuel tanks in recent times. These tanks use lightweight materials, reduce vehicle weight and increase fuel efficiency. Since the 1970s, the automakers have been introducing innovations to increase fuel economy. They aim at replacing metal parts with lightweight materials.

According to the report, one driver in the market is growing preference for M&HCVs to transport freight.

Over the years, there has been a growing preference for road transportation in emerging countries such as China and India. The subsequent increase in the use of heavy, medium, and light-duty vehicles is likely to result in less share of rail transport. In China, traffic congestions are caused mainly due to large heavy-duty trucks transporting goods from Inner Mongolia to Beijing. One of the main reasons for opting roadways for transporting cargo is the limited number of rail services within the country.

Further, the report states that one challenge in the market is increasing popularity and sales of electric commercial vehicles.

The challenges associated with emissions, energy consumption, and the total cost of ownership of traditional commercial vehicles are powering the growth of the hybrid commercial vehicles segment. These challenges are forcing OEMs and governments to invent efficient technologies that cause less pollution.

Key Players

• Continental
• Magna International
• Textron
• TI Automotive
• Yachiyo Industry

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2018
• Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

• Market segmentation by application
• Comparison by application
• LCV - Market size and forecast 2018-2023.
• M&HCV - Market size and forecast 2018-2023
• Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

• Geographic segmentation
• Geographic comparison
• Americas - Market size and forecast 2018-2023
• APAC - Market size and forecast 2018-2023
• EMEA - Market size and forecast 2018-2023
• Key leading countries
• Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 11: MARKET TRENDS

• Increasing adoption of plastic fuel tanks to reduce vehicle weight
• Increasing fuel tank capacities due to rising penetration of SUVs and crossovers
• Hybrid electric vehicles would increase the demand for plastic fuel tanks

PART 12: VENDOR LANDSCAPE

• Overview
• Landscape disruption

PART 13: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Continental
• Magna International
• Textron
• TI Automotive
• Yachiyo Industry

For more information about this report visit https://www.researchandmarkets.com/research/qxqxt2/commercial?w=12

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Related Topics: Commercial Vehicles, Automotive Fuel Systems

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