Alternative Powertrain Sales for Medium and Heavy Duty Vehicles are Expected to Reach 820,000 in 2026, According to Navigant Research
Different powertrains and new technologies will help reduce
emissions and increase fuel efficiency in medium and heavy duty
vehicles, report finds
A new report from Navigant
Research examines the market for technologies to improve efficiency
and reduce emissions from medium and heavy duty vehicles (MHDVs), with
global market forecasts for annual sales of alternative powertrains,
through 2026.
In the United States, medium and heavy duty trucks use more than a
quarter of all fuel burned annually. As economies grow, the truck
population is expected to increase, and commercial and government fleet
operators around the world are expected to consider investments in fuel
efficiency technologies and alternative clean-burning fuels. Click
to tweet: According to a new report from @NavigantRSRCH,
global commercial alternative powertrain MHDV sales are expected to grow
from about 347,000 vehicles in 2016 to more than 820,000 in 2026.
“Cleaner and more efficient vehicles will become increasingly important
as legislators set tougher standards for emissions,” says David
Alexander, senior research analyst with Navigant Research. “Electric
drive is the right solution for some vehicle types and uses, but fleet
managers can also choose from a variety of driver aids to optimize the
efficiency and safety of all their vehicles.”
Aerodynamic aids, low rolling resistance tires, plus vehicle
lightweighting and improvements to engines and transmissions in new
vehicles are some of the options that will help to deliver better MHDV
fuel efficiency and cleaner emissions, according to the report. In
addition, natural gas, hybrid, and electric powertrains are expected to
see significant growth over the next decade.
The report, Medium
and Heavy Duty Vehicle Technologies, breaks the global
commercial MHDV market into four major categories: medium duty buses,
heavy duty buses, medium duty trucks, and heavy duty trucks. Each of
these vehicle categories is assessed for the suitability of efficiency
technologies such as lightweighting, low rolling resistance tires and
aerodynamic aids and alternate powertrain types: hybrid, plug-in hybrid,
battery electric, natural gas, propane (autogas), and hydrogen fuel
cell. Global market forecasts for annual powertrain sales, segmented by
region and type, extend through 2026. An Executive Summary of the report
is available for free download on the Navigant
Research website.
About Navigant Research
Navigant Research, the dedicated research arm of Navigant, provides
market research and benchmarking services for rapidly changing and often
highly regulated industries. In the energy sector, Navigant Research
focuses on in-depth analysis and reporting about global clean technology
markets. The team’s research methodology combines supply-side industry
analysis, end-user primary research and demand assessment, and deep
examination of technology trends to provide a comprehensive view of the
Energy Technologies, Utility Transformations, Transportation
Efficiencies, and Buildings Innovations sectors. Additional information
about Navigant Research can be found at www.navigantresearch.com.
About Navigant
Navigant Consulting, Inc. is a specialized, global professional services
firm that helps clients take control of their future. Navigant’s
professionals apply deep industry knowledge, substantive technical
expertise, and an enterprising approach to help clients build, manage
and/or protect their business interests. With a focus on markets and
clients facing transformational change and significant regulatory or
legal pressures, the Firm primarily serves clients in the healthcare,
energy and financial services industries. Across a range of advisory,
consulting, outsourcing, and technology/analytics services, Navigant’s
practitioners bring sharp insight that pinpoints opportunities and
delivers powerful results. More information about Navigant can be found
at navigant.com.
* The information contained in this press release concerning the
report, Medium and Heavy Duty Vehicle Technologies, is a summary
and reflects Navigant Research’s current expectations based on market
data and trend analysis. Market predictions and expectations are
inherently uncertain and actual results may differ materially from those
contained in this press release or the report. Please refer to the full
report for a complete understanding of the assumptions underlying the
report’s conclusions and the methodologies used to create the report.
Neither Navigant Research nor Navigant undertakes any obligation to
update any of the information contained in this press release or the
report.
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