Global Light Commercial Vehicle Market 2017-2021

  • ID: 4420448
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • Ashok Leyland
  • Ford Motor Company
  • General Motors
  • Honda Motor Company
  • ISUZU MOTORS
  • Opel
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

About Light Commercial Vehicle

Light commercial vehicle (LCV) is a commercial carrier of people and goods, which approximately comes under 8-ton category. Commercial vehicle manufacturers focus on launching newer models that are compliant with the latest emissions regulations to maintain good business profits. Rising air pollution levels are causing governing bodies to upgrade vehicular emissions regulations for commercial vehicles on intervals less than a year. Vehicle manufacturers are constricting the production of newer commercial vehicle models to allow the produced stock of commercial vehicles to be sold off before the implementation of upgraded emission norms. LCVs include light pickup trucks used for distribution and transportation of goods, especially in stop-and-go traffic, and for light construction and municipal applications.

The analysts forecast the global light commercial vehicle market to grow at a CAGR of 0.96% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global light commercial vehicle market for 2017-2021. To calculate the market size, the report considers the production volume.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Light Commercial Vehicle Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Ford Motor Company
  • Groupe PSA
  • Renault
Other prominent vendors
  • Anhui Jianghuai Automobile
  • Ashok Leyland
  • AVTOVAZ
  • Toyota Motor Corporation
  • GAZ Group
  • General Motors
  • Honda Motor Company
  • Hyundai Motor Company
  • ISUZU MOTORS
  • Mitsubishi Motors
  • Opel
  • PACCAR
  • Tata Motors
Market drivers
  • Rising penetration of downsized engines in LCVs to drive vehicle price
  • For a full, detailed list, view the full report
Market challenges
  • Implementation of fuel-efficiency standards will result in increased prices of LCVs
  • For a full, detailed list, view the full report
Market trends
  • Electric LCVs used for facilitating last-mile connectivity
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Ashok Leyland
  • Ford Motor Company
  • General Motors
  • Honda Motor Company
  • ISUZU MOTORS
  • Opel
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by fuel type
  • Market segmentation by fuel type
  • Conventional fuel vehicles in global LCV market
  • Alternative fuel vehicles in global LCV market
PART 07: Geographical segmentation
  • Global LCV market by geography
  • LCV market in Americas
  • LCV market in APAC
  • LCV market in EMEA
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Market challenges
PART 10: Market trends

PART 11: Vendor landscape
  • Competitive landscape
  • Other prominent vendors
PART 12: Key vendor analysis
  • Ford Motor Company
  • Groupe PSA
  • Renault
PART 13: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Segments of global commercial vehicle market
Exhibit 02: Global commercial vehicle market 2016-2021 (million units)
Exhibit 03: Segmentation of global LCV market
Exhibit 04: Global LCV market 2016-2021 (millions of units)
Exhibit 05: Five forces analysis
Exhibit 06: Global LCV market segmented by fuel type
Exhibit 07: Global LCV market segmented by fuel ype (millions of units)
Exhibit 08: Global LCV market segmented by fuel type (% share)
Exhibit 09: Global conventional fuel LCV market 2016-2021 (million units)
Exhibit 10: Global alternative fuel LCV market 2016-2021(million units)
Exhibit 11: Factors contributing to development of LCVs
Exhibit 12: LCV market segmentation by geography 2016 (% share)
Exhibit 13: LCV market segmented by geography 2016-2021 (million units)
Exhibit 14: LCV market segmented by geography 2016-2021 (% share)
Exhibit 15: LCV market in Americas 2016-2021 (million units)
Exhibit 16: LCV market in APAC 2016-2021 (million units)
Exhibit 17: Average lifespan of an LCV in Europe
Exhibit 18: LCV market in EMEA 2016-2021 (million units)
Exhibit 19: Other prominent vendors
Exhibit 20: Ford Motor Company: Business segmentation by revenue 2016 (% share)
Exhibit 21: Ford Motor Company: Geographical segmentation by revenue 2016 (% share)
Exhibit 22: Ford Motor Company: Product portfolio
Exhibit 23: Ford Motor Company: Recent developments
Exhibit 24: Groupe PSA: Geographical segmentation by revenue 2016 (% share)
Exhibit 25: Groupe PSA: Product portfolio
Exhibit 26: Groupe PSA: Recent developments
Exhibit 27: Renault: Business segmentation by revenue 2016 (% share)
Exhibit 28: Renault: Geographical segmentation by revenue 2016 (% share)
Exhibit 29: Renault: Product portfolio
Exhibit 30: Renault: Product portfolio
Exhibit 31: Renault: Recent developments
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FEATURED COMPANIES

  • Ashok Leyland
  • Ford Motor Company
  • General Motors
  • Honda Motor Company
  • ISUZU MOTORS
  • Opel
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

New Report Released: – Global Light Commercial Vehicle Market 2017-2021

The author of the report recognizes the following companies as the key players in the global light commercial vehicle market: Ford Motor Company, Groupe PSA, and Renault

Other Prominent Vendors in the market are: Anhui Jianghuai Automobile, Ashok Leyland, AVTOVAZ, Toyota Motor Corporation, GAZ Group, General Motors, Honda Motor Company, Hyundai Motor Company, ISUZU MOTORS, Mitsubishi Motors, Opel, PACCAR, and Tata Motors.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Electric LCVs used for facilitating last-mile connectivity. Automotive makers are increasingly researching on raising the reliability of electric vehicles. Lack of proper charging stations and limited power capacity batteries are the main drawbacks of electric vehicles. Vehicle manufacturers are undertaking various experimental operations, involving usage of electric vehicles, to troubleshoot the various issues faced by the vehicle in a real-world scenario. However, unlike passenger cars, LCVs require more power to be effective in hauling passengers or cargo. Vehicle manufacturers have begun using electric LCVs in real-world scenarios to test reliability and endurance of electric LCVs.”

According to the report, one of the major drivers for this market is Rising penetration of downsized engines in LCVs to drive vehicle price. Vehicle manufacturers are increasingly developing downsized engine blocks for decreasing curb weight, improving fuel efficiency, and limiting the formation of emissions. Downsized engines are made to produce the same amount of power as that of higher-powered models. Most vehicle manufacturers equip turbochargers within diesel and gasoline engines to facilitate more air to be taken in for combustion. More air into the combustion chamber allows more fuel to burn and produce a much higher output, matching that of the higher-power variant.

Further, the report states that one of the major factors hindering the growth of this market is Implementation of fuel-efficiency standards will result in increased prices of LCVs. Implementation of fuel efficiency standards for LCVs will increase the prices of vehicles by about $4,500 per vehicle. Vehicle manufacturers will equip the vehicle's engine with numerous equipment to reduce the consumption of fuel. The global LCV market will have an increase of about $8 billion if fuel-efficiency standards are increased by 1 mpg. The US is planning to upgrade fuel-efficiency standards for the fleet of LCVs owned by LCV manufacturers during the forecast period. This is expected to increase the cost of LCVs considerably and lead to a decline in sales of LCVs by 2021.

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.
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1h Free Analyst Time

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  • Ford Motor Company
  • Groupe PSA
  • Renault
  • Anhui Jianghuai Automobile
  • Ashok Leyland
  • AVTOVAZ
  • Toyota Motor Corporation
  • GAZ Group
  • General Motors
  • Honda Motor Company
  • Hyundai Motor Company
  • ISUZU MOTORS
  • Mitsubishi Motors
  • Opel
  • PACCAR
  • Tata Motors
Note: Product cover images may vary from those shown
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