DUBLIN—Research and Markets has announced the addition of the "Global Off-road High-performance Vehicle Market 2016-2020" report to their offering.
The global off-road high-performance vehicle market to grow at a CAGR of 6.5% during the period 2016-2020.
The report covers the present scenario and the growth prospects of the global off-road high-performance vehicle market for 2016-2020. To calculate the market size, the report considers a top-down approach, where the market is derived from overall sales of Class 3 and Class 4 trucks. The report also includes a discussion of the key vendors operating in this market.
According to the report, one of the key driver for market growth will be rising innovations in advanced suspension control systems. An advanced suspension system's capability in high-performance off-road vehicles is the key attribute for the growing demand for such vehicles. This is because the suspension quality is one of the prime differentiating factors between a normal car and an off-road vehicle. Evolution in technology in this segment has had a positive impact on the off-road market and it is expected that OEMs may invest in R&D of off-road performance vehicles owing to the gaining popularity of this segment.
Further, the report states that in order to make F-150 more aerodynamically efficient, the engineers at Ford have made way for a flush-mounted windshield, a tailgate spoiler for smooth air flow, a cargo box in order to reduce the rear cab turbulence along with a duct under the headlights to minimize the air drag. The Ford is packed with new technology and construction processes, combined with new powertrain and lighter body panels, which give the F-150 good EPA fuel rating numbers.
Till now, there is no regulated, agreed-upon standards or procedures that aerodynamics engineers must follow when testing the vehicle in a wind tunnel. Therefore, the biggest challenge that still persists is how to deal with a pick-up truck's inherently large front area and how to move air around and into the engine compartment.
Key vendors
- Wildcat
- AEV Conversions
- Zone Offroad
- Icon Vehicle Dynamics
Other prominent vendors
- 4 Wheel Parts
- Extreme Offroad & Performance
- Stylin Trucks
- Summit Racing Equipment
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market drivers
Part 07: Market trends
Part 08: Market challenges
Part 09: Market segmentation by geography
Part 10: Market segmentation by end-market
Part 11: Key leading countries
Part 12: Vendor landscape
Part 13: Key vendor analysis
Part 14: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/wljvmr/global_offroad
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Related Topics: Cars