Transportation Forecast: Medium and Heavy Duty Vehicles Navigant Research
Medium and Heavy Duty Hybrid Electric, Plug-In Hybrid Electric, Battery Electric, Natural Gas, Propane Autogas, Fuel Cell, and Conventional Vehicles: Global Market Forecasts, 2014-2035
The global medium and heavy duty vehicle (MHDV) market is changing rapidly, due to rising fuel costs and environmental concerns that are pushing commercial and government fleet operators to consider investments in fuel efficiency technologies and alternative fuels. Navigant Research projects that today more than 1.2 billion light, medium, and heavy duty vehicles are on roads, and less than 5% belong to the MHDV segment. Of these vehicles, over 94% utilize a conventional internal combustion engine (ICE) powered by either gasoline or diesel.
Medium and Heavy Duty Hybrid Electric, Plug-In Hybrid Electric, Battery Electric, Natural Gas, Propane Autogas, Fuel Cell, and Conventional Vehicles: Global Market Forecasts, 2014-2035
The global medium and heavy duty vehicle (MHDV) market is changing rapidly, due to rising fuel costs and environmental concerns that are pushing commercial and government fleet operators to consider investments in fuel efficiency technologies and alternative fuels. Navigant Research projects that today more than 1.2 billion light, medium, and heavy duty vehicles are on roads, and less than 5% belong to the MHDV segment. Of these vehicles, over 94% utilize a conventional internal combustion engine (ICE) powered by either gasoline or diesel.
