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The light commercial vehicle market in Europe is forecasted to grow by USD 22.43 billion during 2022-2027, accelerating at a CAGR of 6.86% during the forecast period. The report on the light commercial vehicle market in Europe 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 regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increased utility of pickup trucks, rising penetration of downsized engines in light commercial vehicles to drive vehicle prices, and increasing penetration of advanced driver assistance features in light commercial vehicles.
The light commercial vehicle market in Europe is segmented as below:
By Type
- Conventional fuel vehicles
- Alternative fuel vehicles
By Vehicle Type
- Light commercial pick-up trucks
- Light commercial vans
The report on the light commercial vehicle market in Europe covers the following areas:
- light commercial vehicle market in Europe sizing
- light commercial vehicle market in Europe forecast
- light commercial vehicle market in Europe 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 report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of 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 the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Vehicle Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the light commercial vehicle market in Europe: Ford Motor Co., GAZ International LLC, General Motors Co., Hyundai Motor Co., Isuzu Motors Ltd., Iveco Group N.V, Mercedes Benz Group AG, Mitsubishi Motors Corp., PACCAR Inc., Renault SAS, Robert Bosch GmbH, Stellantis NV, Tesla Inc., Toyota Motor Corp., Volkswagen AG, Volvo Car Corp., and Suzuki Motor Corp..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is integration of telematics systems in light commercial vehicles."
According to the report, one of the major drivers for this market is the increased utility of pickup trucks.
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:
- Ford Motor Co.
- GAZ International LLC
- General Motors Co.
- Hyundai Motor Co.
- Isuzu Motors Ltd.
- Iveco Group N.V
- Mercedes Benz Group AG
- Mitsubishi Motors Corp.
- PACCAR Inc.
- Renault SAS
- Robert Bosch GmbH
- Stellantis NV
- Suzuki Motor Corp.
- Tesla Inc.
- Toyota Motor Corp.
- Volkswagen AG
- Volvo Car Corp.