Uncategorized

NEW REPORT 2023:Research Report on Global and China’s Commercial Vehicle Industries, 2019-2023

Global Global and China’s Commercial Vehicle Market Report Size, Trends and Forecast provides an in-depth analysis of the Global and China’s Commercial Vehicle Market including detailed description of market sizing and growth, value, the key opportunities in the Global and China’s Commercial Vehicle Market and outlines the factors that are and will be driving the growth of the industry taking into consideration the previous growth patterns with Forecast Period from 2021.

Get a Sample PDF of the report –https://www.marketreportsworld.com/enquiry/request-sample/13518661

Description

In terms of design and technical characteristics, commercial vehicles are vehicles that are used to transport people and goods

They include trucks that are designed and equipped for carrying goods and buses that have more than nine seats and are used to carry a large number of passengers and their carry-on baggage.

According to , compared with air transport, rail transport, water transport and other modes of transport, highway transport has door-to-door advantage and high cost performance. By the end of 2018, the length of China’s highways totaled 4,846,500 kilometers, increasing by 73,100 kilometers as compared to 2017; road density reached 50.48 km/100 sq.km., increasing by 0.76 km/100 sq.km. as compared to 2017; the freight traffic of highways reached 39.57 billion tons, increasing by 7.30% YOY; the freight turnover of highways reached 7,124.92 billion ton-km, increasing by 6.70% YOY. The growing highway traffic boosts the demand for commercial vehicles.

The production volume of commercial vehicles in China increased from 3,791,000 units in 2014 to 4,371,000 units in 2018. Although it showed a YOY decrease in 2015, it kept rising from 2016 to 2018. Especially in 2018 when the production and sales of automobiles declined, the production and sales of commercial vehicles both achieved growth.

According to , China’s commercial market is deeply influenced by policies. For example, from 2014 to 2015, the Chinese government released some restrictive policies on commercial vehicles, which led to a decline in commercial vehicle production. In 2016, the government started to subsidize the commercial vehicle industry and took other encouraging measures, which pushed up the production of commercial vehicles to some extent. When the tolls on highways began to be collected based on actual load, the sales volume of light trucks increased. When the emission standards were raised, enterprises accelerated technological innovation and the sales volume of new energy commercial vehicles increased.

expects that, with the improvement of road networks and the development of rural roads, both the freight traffic and passenger traffic of China’s highways will continue to grow from 2019 to 2023, which will stimulate the demand for commercial vehicles. In 2018, the fixed-asset investment in China reached CNY 63,563.60 billion, increasing by 5.90% YOY. The growth rate of fixed-asset investment has a great impact on the development of China’s commercial vehicle industry, especially the truck sub-industry. To ensure annual GDP growth rate of no less than 6%, from 2019 to 2023, the Chinese government will certainly increase investment in fixed assets, especially in infrastructure projects, which will drive the demand for commercial vehicles.

Topics covered:

– Economic and policy environment for the commercial vehicle industry

– Analysis on supply of and demand for commercial vehicles

– Manufacturing costs and prices of commercial vehicles in China

– Analysis on import and export of commercial vehicles in China

– Competition on China’s commercial vehicle market

– Major commercial vehicle manufacturers in China

– Driving forces and market opportunities for the commercial vehicle industry

– Threats and challenges to the commercial vehicle industry

– Forecast on supply of and demand for commercial vehicles in China from 2019 to 2023

Get a Sample PDF of the report –https://www.marketreportsworld.com/enquiry/request-sample/13518661

About Us: –

Market Reports World is the Credible Source for Gaining the Market Reports that will Provide you with the Lead Your Business Needs. Market is changing rapidly with the ongoing expansion of the industry. Advancement in the technology has provided today’s businesses with multifaceted advantages resulting in daily economic shifts. Thus, it is very important for a company to comprehend the patterns of the market movements in order to strategize better. An efficient strategy offers the companies with a head start in planning and an edge over the competitors.

Contact Us:

Market Reports World

Phone: US : +(1) 424 253 0946

             UK :  +(44) 203 239 8187

Email: [email protected]

Web: https://www.marketreportsworld.com

Other NEW Reports Here:

https://www.marketwatch.com/press-release/extrusion-grade-asa-market-size-growth-share-global-development-strategy-explosive-factors-of-revenue-by-key-vendors-demand-future-trends-and-industry-growth-research-report-2023-01-02

https://www.marketwatch.com/press-release/automotive-washing-systems-market-geography-share-size-growth-global-growth-analysis-trends-industry-analysis-key-players-and-forecast-to-2029-2023-01-06

https://www.marketwatch.com/press-release/apricot-kernels-market-2023-worldwide-opportunities-demand-and-geographical-forecast-to-2030-2023-01-11

https://www.marketwatch.com/press-release/raise-scaffold-market-2023-share-in-global-future-growth-size-regional-trend-leading-players-updates-industry-demand-current-and-revenue-graph-of-key-players-by-forecast-to-2029-2023-01-12

https://www.marketwatch.com/press-release/inkjet-print-heads-market-2023-new-updated-growth-reportglobal-industry-assessment-and-forecast-2027-with-highest-cagr-of-39-112-pages-exclusive-research-report-2023-01-14

https://www.marketwatch.com/press-release/needle-coke-market-2023-new-updated-reportglobal-industry-assessment-and-forecast-2027-with-highest-cagr-of-58-113-pages-unique-research-report-2023-01-14

https://www.marketwatch.com/press-release/telematic-control-unit-tcu-market-share-size-new-report-global-statistics-growth-factors-industry-trends-competition-strategies-generate-massive-revenue-in-2023-2028-key-players-regional-analysis-by-forecast-to-2028-2023-01-16

https://www.marketwatch.com/press-release/sodium-propionate-market-is-experience-an-immense-growth-in-near-future-by-2028-with-leading-cagr-of-46-top-countries-and-regional-data-regional-status-of-key-players-swot-analysis-2023-01-18

https://www.marketwatch.com/press-release/recreation-management-software-market-growth-opportunities-2023-size-in-2023-with-cagr-restraints-driving-factors-top-manufacturers-analysis-trends-and-forecast-to-2029-2023-01-19

https://www.marketwatch.com/press-release/peripheral-intravascular-ultrasound-ivus-catheter-market-share-size-global-trends-pronounce-growth-during-2023-2028-cagr-of-2086-value-swot-analysis-key-drivers-top-countries-data-leading-players-2023-01-23

https://www.marketwatch.com/press-release/meniscus-knife-market-size-2023-global-industry-revenue-business-growth-share-demand-and-applications-market-research-report-to-2028-2023-01-03

https://www.marketwatch.com/press-release/laser-telemeter-market-share-global-driving-factors-by-manufacturers-sub-segments-growth-opportunities-regions-size-type-and-application-revenue-market-forecast-2028-2023-01-09

https://www.marketwatch.com/press-release/pressure-vessel-steel-market-2023-share-size-global-growth-analysis-trends-industry-analysis-participants-key-players-and-forecast-to-2028-2023-01-11

https://www.marketwatch.com/press-release/earth-observation-satellite-market-size-share-emerging-trends-and-technologies-future-opportunities-development-and-demand-forecast-to-2028-2023-01-13

https://www.marketwatch.com/press-release/lateral-flow-readers-market-2023-newly-added-insight-reportglobal-industry-assessment-and-forecast-2027-significant-cagr-of-26-with-momentous-growth-rate127-pages-exclusive-research-report-2023-01-14

https://www.marketwatch.com/press-release/steering-columns-system-market-size-in-2023-new-updated-growth-reportglobal-industry-assessment-and-forecast-2027-with-highest-cagr-of-13-152-pages-exclusive-research-report-2023-01-15

https://www.marketwatch.com/press-release/arabinogalactan-market-2023-share-new-insight-reportglobal-industry-assessment-and-forecast-2027-crucial-cagr-of-37-115-pages-exclusive-research-report-2023-01-15

https://www.marketwatch.com/press-release/aquaponics-statistics-report-on-industrial-hydrogen-market-size-2023-to-witness-a-pronounce-growth-during-2023-2028-109-pages-report-with-highest-cagr-of-20-2023-01-18

https://www.marketwatch.com/press-release/automotive-infotainment-testing-platform-market-size-estimation-share-future-trends-industry-changing-aspects-cagr-new-technologies-and-forecast-to-2029-2023-01-20

https://www.marketwatch.com/press-release/prebiotics-ingredients-market-size-estimation-share-future-trends-industry-changing-aspects-cagr-of-36-new-technologies-and-forecast-to-2028-with-cagr-of-36-2023-01-23

https://www.marketwatch.com/press-release/map-sensor-market-countries-ranking-by-market-size-growth-2023-global-industry-demand-key-findings-regional-analysis-key-players-profiles-future-prospects-and-forecasts-to-2028-2023-01-04

https://www.marketwatch.com/press-release/company-covered-ranking-by-medical-refrigerated-market-revenue-share-size-global-development-growth-status-sales-revenue-emerging-technologies-key-players-analysis-opportunity-assessment-and-industry-expansion-strategies-2028-2023-01-09

https://www.marketwatch.com/press-release/proton-exchange-membrane-market-size-2023-global-business-prospects-business-share-and-demand-status-industry-leading-players-updateimportant-changes-and-industry-research-report-2030-2023-01-11

https://www.marketwatch.com/press-release/paint-sprayer-market-size-share-and-trend-analysis-report-worldwide-opportunities-demand-forecast-to-2030-2023-01-13

https://www.marketwatch.com/press-release/washable-pet-pee-pad-market-2023-share-new-insight-reportglobal-industry-assessment-and-forecast-2027-with-significant-cagr-of-33-113-pages-report-2023-01-14

https://www.marketwatch.com/press-release/carburetor-market-size-in-2023-new-updated-reportglobal-industry-assessment-and-forecast-2027-with-significant-cagr-of-08-151-pages-exclusive-research-report-2023-01-15

https://www.marketwatch.com/press-release/storage-combination-locks-market-demand-2023-global-leading-manufacturers-growth-opportunities-cagr-value-industry-share-size-status-and-forecast-to-2028-2023-01-17

https://www.marketwatch.com/press-release/laboratory-information-management-systems-lims-market-2023-leading-participants-with-sales-revenue-development-growth-factors-types-applications-current-trends-and-forecast-to-2029-2023-01-18

https://www.marketwatch.com/press-release/flue-chimney-pipes-market-2023-key-players-analysis-segmentation-size-share-drivers-opportunities-and-demands-2023-2028-expanding-at-a-cagr-of-76-throughout-the-anticipated-time-frame-2023-01-20

https://www.marketwatch.com/press-release/biopharmaceutical-cold-chain-logistics-market-sales-volume-2023-competitive-landscape-business-strategies-industry-potential-cagr-with-growth-factors-forecast-till-2029-2023-01-24

https://www.marketwatch.com/press-release/electronic-cargo-picking-system-market-analysis-of-major-players-industry-analysis-by-future-demand-size-share-opportunities-revenue-and-growth-rate-through-2028-2023-01-05

https://www.marketwatch.com/press-release/smart-toilet-market-share-size-growth-global-top-leading-countries-companies-drivers-trends-forces-analysis-revenue-challenges-and-global-forecast-to-2030-2023-01-10

https://www.marketwatch.com/press-release/autonomous-data-platform-market-2023-size-share-emerging-trends-and-technologies-future-opportunities-development-and-demand-forecast-to-2028-2023-01-12

https://www.marketwatch.com/press-release/urine-analyzer-market-2023-covering-sales-outlook-demand-forecast-up-to-date-key-trends-forecast-2030-2023-01-13

https://www.marketwatch.com/press-release/hand-tools-market-2023-share-new-insight-reportglobal-industry-assessment-and-forecast-2027-significant-cagr-of-35-with-momentous-growth-rate120-pages-unique-research-report-2023-01-14

https://www.marketwatch.com/press-release/paving-asphalt-market-2023-share-newly-added-reportglobal-prominent-growth-and-forecast-2027-with-outstanding-cagr-of-571-126-pages-business-research-report-2023-01-16

https://www.marketwatch.com/press-release/adas-software-market-global-size-business-strategies-current-trends-growth-strategy-developing-technologies-share-status-leading-manufacturers-and-forecast-till-2029-2023-01-17

https://www.marketwatch.com/press-release/micro-d-hermetic-connectors-market-major-players-with-key-findings-modern-cagr-of-64-types-segmentation-growth-techniques-forecast-2023-2028-2023-01-19

https://www.marketwatch.com/press-release/cloud-email-security-software-market-update-2023-top-factors-responsible-for-the-expeditious-growth-of-size-share-in-the-coming-years-2029-with-cagr-2023-01-23

https://www.marketwatch.com/press-release/surgical-snare-market-size-2023-industry-transpose-aspects-new-technologies-with-cagr-of-27-and-opportunities-and-forecast-to-2028-2023-01-24

https://www.marketwatch.com/press-release/localized-temperature-therapy-product-market-rising-trends-growing-demand-and-regional-analysis-share-2023-global-trend-segmentation-size-business-growth-top-key-players-analysis-industry-opportunities-and-forecast-to-2028-2023-01-06

https://www.marketwatch.com/press-release/carbon-fiber-unidirectional-prepreg-tapes-market-size-2023-global-growth-industry-analysis-historical-background-and-research-report-2028-2023-01-10

https://www.marketwatch.com/press-release/vehicle-buffers-market-size-share-global-industry-key-strategies-product-value-benefit-historical-analysis-segmentation-application-technology-growth-trends-and-opportunities-forecasts-to-2028-2023-01-12

https://www.marketwatch.com/press-release/caustic-soda-market-2023-new-updated-reportglobal-industry-assessment-and-forecast-2027-with-significant-cagr-of-1-180-pages-report-2023-01-14

https://www.marketwatch.com/press-release/commercial-vehicle-market-2023-latest-reportglobal-industry-assessment-and-forecast-2027-with-highest-cagr-of-58-119-pages-report-2023-01-14

https://www.marketwatch.com/press-release/low-power-wide-area-network-lpwan-market-size-growth-2023-global-industry-demand-key-findings-regional-analysis-key-players-profiles-future-prospects-and-key-geographies-worldwide-2028-2023-01-16

https://www.marketwatch.com/press-release/sunlight-readable-lcd-market-trends-2023-competitive-analysis-regional-segmentation-industry-share-size-estimation-qualitative-analysis-of-manufacturers-and-forecast-to-2029-2023-01-17

https://www.marketwatch.com/press-release/study-latest-waiver-software-market-report-2023-is-booming-globally-by-2029-with-leading-cagr-2023-01-19

https://www.marketwatch.com/press-release/new-report-on-cyclohexyl-cyanoacetate-market-competition-insights-current-trends-demand-and-size-share-estimation-by-2028-with-top-manufacturers-cagr-of-value-2023-01-23

https://www.marketwatch.com/press-release/gas-engine-heat-pump-ghp-market-indicates-extensive-growth-during-2023-2028-cagr-of-global-trends-share-size-top-leading-player-analysis-and-progression-status-2023-01-24

Related Articles

Back to top button