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The light commercial vehicle market is poised to grow by 1436.98 th units during 2022-2026, accelerating at a CAGR of 1.5% during the forecast period. The report on the light commercial vehicle market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the rising penetration of downsized engines in LCVs to drive vehicle prices, rising preference for pickup trucks in emerging countries, and growth in the global construction industry and online retail sales to drive the market demand for LCVs.
The light commercial vehicle market analysis includes the type segment and geographic landscape.
The light commercial vehicle market is segmented as below:
By Type
- Conventional fuel vehicles
- Alternative fuel vehicles
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
The report on the light commercial vehicle market covers the following areas:
- Light commercial vehicle market sizing
- Light commercial vehicle market forecast
- Light commercial vehicle market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market through study, synthesis, and summation of data from multiple sources by analyzing key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Type
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global light commercial vehicle market: AMG Corp, Ashok Leyland Ltd, Cummins Inc., Daimler Truck Holding AG, Ford Motor Co., GAZ International LLC, General Motors Co, Honda Motor Co. Ltd, Hyundai Motor Co, Isuzu Motors Ltd, JAC Inc., Kia Motors Corp, Mahindra and Mahindra Ltd., Maruti Suzuki India Ltd., Nissan Motor Co. Ltd., Robert Bosch GmbH, Tata Motors Ltd, Toyota Motor Corp, and Volkswagen AG.Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is electric LCVs for facilitating last-mile connectivity.`
According to the report, one of the major drivers for this market is the rising penetration of downsized engines in LCVs to drive vehicle prices.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AMG Corp
- Ashok Leyland Ltd
- Cummins Inc.
- Daimler Truck Holding AG
- Ford Motor Co.
- GAZ International LLC
- General Motors Co
- Honda Motor Co. Ltd
- Hyundai Motor Co
- Isuzu Motors Ltd
- JAC Inc.
- Kia Motors Corp
- Mahindra and Mahindra Ltd.
- Maruti Suzuki India Ltd.
- Nissan Motor Co. Ltd.
- Robert Bosch GmbH
- Tata Motors Ltd
- Toyota Motor Corp
- Volkswagen AG
