Research and Markets: North American Class 6-8 Truck Hybrid Powertrain Systems Market
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DUBLIN--(Business Wire)-- Research and Markets (http://www.researchandmarkets.com/research/d555cb/north_american_cla) has announced the addition of Frost & Sullivan's new report "North American Class 6-8 Truck Hybrid Powertrain Systems Market" to their offering. This study offers comprehensive analysis of the original equipment market for hybrid powertrain systems for Class 6-8 trucks in North America. The study drills down on the markets for energy storage systems, control and power electronics, and rotating machines for Class 6-8 hybrid trucks. The market metrics and forecasts for batteries, hydraulic accumulators-reservoirs, ultracapacitors, control electronics, power electronics, electric traction motors and hydraulic pump-motors are analyzed in detail. This study aims to prepare market participants with multidimensional intelligence and analysis of various hybrid powertrain systems and markets to enable them to grow in this developing market. North American Heavy-truck Hybrid Powertrain Systems Market Gets the Green Signal The class 6-8 truck market is steadily going green as environment-friendly powertrain technologies based on innovative propulsion technologies have started percolating from the light vehicle market down to the heavy-truck market. This trend has set off a spate of technology innovations, the most compelling being hybrid powertrain technology. North American truck makers and suppliers of key hybrid powertrain technologies are cashing in on the technology's benefits of high fuel efficiency, low emissions, reduced maintenance expenditure, greater vehicle power, lower dependence on foreign oil, and environmental stewardship. "Moreover, the fuel price volatility and strengthening emission and idling regulations accelerate the development and introduction of hybrid powertrain systems for application in various heavy-truck vocations," says the analyst of this research. "Market participants are now developing fundamentals that will support the long-term organic growth of the Class 6-8 hybrid powertrain systems market." Truck Manufacturers to Thresh out Price Reduction Strategies In-house to Stay Competitive For all its advantages, hybrid trucks still have to deal with the issue of high upfront and lifecycle costs compared to conventional trucks. As it is only an emerging technology, the lack of standardization, economies of scale, and comprehensive hybrid powertrain solutions for a wide range of heavy-truck vocations has caused its prices to inflate. The higher prices also delay the break-even point, making it unfeasible for truck owners of certain vocations. Further, the battery replacement costs (in case of diesel-electric hybrids) raise the lifecycle cost of electric hybrid trucks, and thereby, the affordability barrier. Market participants cannot hope to achieve significant economies of scale until the line-haul Class 8 truck operators start adopting hybrid trucks in large numbers. They will also have to be wary about the price premiums of hybrid powertrain component parts such as batteries, ultracapacitors, hydraulic accumulators-reservoirs, traction motors, pump-motors, as well as power and control electronics. Nevertheless, it is possible to convert the upfront cost differential challenge into a growth opportunity, if the truck makers focus on in-house price reduction strategies. They will have to back up those tactics with lobbying for rapid introduction of broad-based government incentives and tax-credits and attractive financing programs. They can lower the overall price of their systems by nurturing supply-chain relationships with developers and suppliers of key components and sub-systems to induce price declines at each level of the supply chain. Suppliers can further enhance profitability through low-cost sourcing, production of electronic systems, and advanced manufacturing processes. Key Topics Covered: 1 - Executive Summary 2 - Total North American Class 6-8 Truck Hybrid Powertrain Systems Market 3 - Class 6-8 Hybrid Truck Energy Storage Systems Market 4 - Class 6-8 Hybrid Truck Control And Power Electronics Systems Market 5 - Class 6-8 Hybrid Truck Electric And Hydraulic Rotating Systems Market 6 - Market Participant Profiles 7 - Appendix 8 - Decision Support Database For more information visit http://www.researchandmarkets.com/research/d555cb/north_american_cla Laura Wood Senior Manager firstname.lastname@example.org Fax from USA: 646-607-1907 Fax from rest of the world: +353-1-481-1716 Copyright Business Wire 2009
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