Automotive Market Revenue, Trends, Growth, Technologies, CAGR High-Performance Trucks Market | Page 2

The high-performance trucks market, by volume, had a market size of 1.7 million units in 2016 and is projected to reach 2.5 million units by 2025, at a CAGR of 4.06% during the forecast period. Increasing demand for special application trucks with high engine power requirement and increasing focus toward fuel economy standards have triggered the growth of the high-performance trucks market. Also, increase in demand for long- haul trucks for efficient transportation of goods has also boosted the demand for high- performance trucks globally.