Commercial Vehicle Industry

Commercial Vehicle Industry

by

experttruck

A vehicle is designated commercial when it is titled or registered to a company. A commercial vehicle is a type of motor vehicle that may be used for transporting goods .A commercial vehicle segment consists of many Sub- domains like Light Commercial Vehicle, Heavy Commercial Vehicles, and Tippers etc. A Commercial Vehicle is constructed in such a manner such that it should be capable in transporting all types of Goods. Today in current Scenario CV Industry is Growing Day -by-Day. The Commercial Vehicles have low operating costs and powerful yet fuel efficient engines, and to be utilized in intra-city operations. Commercial Trucks are the major contributor in the sales of any automobile company.

Light Commercial Vehicle: – Light commercial vehicles being a low cost vehicle are the major contributor in the sales of any automobile company. LCV are not very expensive, they are available in a affordable price. LCV s are more fuel efficient then others as they are easily available and takes much less time to travel. Now days, Light Commercial Vehicles are in huge Demand and Companies are willing to fulfill their Customers Demand and satisfied them. Light Commercial Vehicles are Fuel efficient Payload Trucks.

Heavy Commercial Vehicle: – Heavy Commercial Vehicles are also known as Heavy Duty Trucks. HCV trucks are trucks with a gross combination mass (GCM) of over 3,500 kilograms (7,716 lb).They are greatly in size, power, and configuration, with the smallest being mechanically similar to an automobile .HCV are mostly used in Transportation of Heavy Goods . Heavy duty trucks are used in construction and mining which are too large for highway use.

Tippers :- A tipper, is a dump truck used to haul rock, sand gravel, asphalt, trash and anything else that needs hauling and dumping. Tippers Trucks are high capacity, resilient Trucks .Tippers are value enhanced fuel efficient Payload Truck used for various heavy segments. Besides other segments Tippers are in huge Demand. Tippers are normally used for dumping the material from a place to another and that is the reason why it is also called Dumper. Initially the usage of a tipper was just to dump things but with the introduction of new technology, these trucks are now used for different application in commercial vehicle category. Tippers play a great role in infrastructure advancement of a country as they are now used in various infrastructural projects like roads, dams, power plants etc.

The India Commercial Vehicle Market Analysis observed that the commercial vehicle segment of the Indian automobile industry has shown great recovery after withstanding the effects of the global economic crisis. With economic revival, increasing public & private spending on infrastructure and higher penetration of financing facilities. LCV goods carrier is the fastest growing segment that is estimated to register a sales growth of around 20% during FY 2012-FY 2015. The current market for tippers in India is around 1.5L units according to the industry manufacturers and it is increasing at a good pace, which indicates the future potential of the market for Tippers.

We are the Authorized Lead in Commercial Vehicle segment of Automotive industry. A commercial vehicle segment consists of many Sub- domains like

Light Commercial Vehicle

,

Heavy Commercial Vehicles

, and

Tippers

.

Article Source:

ArticleRich.com