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FEATURED COMPANIES
- Daimler
- Ford Motor
- Hyundai Motor
- Toyota Motor
- Volkswagen
- MORE
About Light and Medium Commercial Vehicle
A light commercial vehicle is the official term used for a commercial carrier vehicle with a gross vehicle weight of no more than 3.5 metric tons. Medium commercial vehicles refer to truck Classes 6-7, which have a gross vehicle weight rating range of 19,501- 33,000 lbs.
The analysts forecast the global light and medium commercial vehicle market to grow at a CAGR of 5.76% during the period 2019-2023.
Covered in this report
The report covers the present scenario and the growth prospects of the global light and medium commercial vehicle market for 2019-2023. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Key vendors
A light commercial vehicle is the official term used for a commercial carrier vehicle with a gross vehicle weight of no more than 3.5 metric tons. Medium commercial vehicles refer to truck Classes 6-7, which have a gross vehicle weight rating range of 19,501- 33,000 lbs.
The analysts forecast the global light and medium commercial vehicle market to grow at a CAGR of 5.76% during the period 2019-2023.
Covered in this report
The report covers the present scenario and the growth prospects of the global light and medium commercial vehicle market for 2019-2023. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
Key vendors
- Daimler
- Ford Motor
- Hyundai Motor
- Toyota Motor
- Volkswagen
- Increasing demand for pickup trucks in emerging countries
- For a full, detailed list, view the full report
- Fuel-efficiency standards to increase the price of LCVs and MCVs
- For a full, detailed list, view the full report
- Growing e-commerce and construction industry
- For a full, detailed list, view the full report
- What will the market size be in 2023 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?
Note: Product cover images may vary from those shown
2 of 4
FEATURED COMPANIES
- Daimler
- Ford Motor
- Hyundai Motor
- Toyota Motor
- Volkswagen
- MORE
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 07: MARKET SEGMENTATION BY VEHICLE TYPE
PART 10: DRIVERS AND CHALLENGES
PART 12: VENDOR LANDSCAPE
List of Exhibits
Exhibit 01: Global automotive market
Exhibit 02: Segments of global automotive market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition - Inclusions and exclusions checklist
Exhibit 06: Market size 2018
Exhibit 07: Global market: Size and forecast 2018-2023 (million units)
Exhibit 08: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 09: Five forces analysis 2018
Exhibit 10: Five forces analysis 2023
Exhibit 11: Bargaining power of buyers
Exhibit 12: Bargaining power of suppliers
Exhibit 13: Threat of new entrants
Exhibit 14: Threat of substitutes
Exhibit 15: Threat of rivalry
Exhibit 16: Market condition - Five forces 2018
Exhibit 17: Customer landscape
Exhibit 18: Vehicle type - Market share 2018-2023 (%)
Exhibit 19: Comparison by vehicle type
Exhibit 20: LCVs - Market size and forecast 2018-2023 (million units)
Exhibit 21: LCVs - Year-over-year growth 2019-2023 (%)
Exhibit 22: MCVs - Market size and forecast 2018-2023 (million units)
Exhibit 23: MCVs - Year-over-year growth 2019-2023 (%)
Exhibit 24: Market opportunity by vehicle type
Exhibit 25: Market share by geography 2018-2023 (%)
Exhibit 26: Geographic comparison
Exhibit 27: Americas - Market size and forecast 2018-2023 (million units)
Exhibit 28: Americas - Year-over-year growth 2019-2023 (%)
Exhibit 29: APAC - Market size and forecast 2018-2023 (million units)
Exhibit 30: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 31: EMEA - Market size and forecast 2018-2023 (million units)
Exhibit 32: EMEA - Year-over-year growth 2019-2023 (%)
Exhibit 33: Key leading countries
Exhibit 34: Market opportunity
Exhibit 35: Impact of drivers and challenges
Exhibit 36: Vendor landscape
Exhibit 37: Landscape disruption
Exhibit 38: Vendors covered
Exhibit 39: Vendor classification
Exhibit 40: Market positioning of vendors
Exhibit 41: Daimler - Vendor overview
Exhibit 42: Daimler - Business segments
Exhibit 43: Daimler - Organizational developments
Exhibit 44: Daimler - Geographic focus
Exhibit 45: Daimler - Segment focus
Exhibit 46: Daimler - Key offerings
Exhibit 47: Ford Motor - Vendor overview
Exhibit 48: Ford Motor - Business segments
Exhibit 49: Ford Motor - Organizational developments
Exhibit 50: Ford Motor - Geographic focus
Exhibit 51: Ford Motor - Segment focus
Exhibit 52: Ford Motor - Key offerings
Exhibit 53: Hyundai Motor - Vendor overview
Exhibit 54: Hyundai Motor - Business segments
Exhibit 55: Hyundai Motor - Organizational developments
Exhibit 56: Hyundai Motor - Geographic focus
Exhibit 57: Hyundai Motor - Segment focus
Exhibit 58: Hyundai Motor - Key offerings
Exhibit 59: Toyota Motor - Vendor overview
Exhibit 60: Toyota Motor - Business segments
Exhibit 61: Toyota Motor - Organizational developments
Exhibit 62: Toyota Motor - Geographic focus
Exhibit 63: Toyota Motor - Segment focus
Exhibit 64: Toyota Motor - Key offerings
Exhibit 65: Volkswagen - Vendor overview
Exhibit 66: Volkswagen - Business segments
Exhibit 67: Volkswagen - Organizational developments
Exhibit 68: Volkswagen - Geographic focus
Exhibit 69: Volkswagen - Key offerings
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 07: MARKET SEGMENTATION BY VEHICLE TYPE
- Market segmentation by vehicle type
- Comparison by vehicle type
- LCVs - Market size and forecast 2018-2023
- MCVs - Market size and forecast 2018-2023
- Market opportunity by vehicle type
- Geographic segmentation
- Geographic comparison
- Americas - Market size and forecast 2018-2023
- APAC - Market size and forecast 2018-2023
- EMEA - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Daimler
- Ford Motor
- Hyundai Motor
- Toyota Motor
- Volkswagen
- Research methodology
- List of abbreviations
List of Exhibits
Exhibit 01: Global automotive market
Exhibit 02: Segments of global automotive market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition - Inclusions and exclusions checklist
Exhibit 06: Market size 2018
Exhibit 07: Global market: Size and forecast 2018-2023 (million units)
Exhibit 08: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 09: Five forces analysis 2018
Exhibit 10: Five forces analysis 2023
Exhibit 11: Bargaining power of buyers
Exhibit 12: Bargaining power of suppliers
Exhibit 13: Threat of new entrants
Exhibit 14: Threat of substitutes
Exhibit 15: Threat of rivalry
Exhibit 16: Market condition - Five forces 2018
Exhibit 17: Customer landscape
Exhibit 18: Vehicle type - Market share 2018-2023 (%)
Exhibit 19: Comparison by vehicle type
Exhibit 20: LCVs - Market size and forecast 2018-2023 (million units)
Exhibit 21: LCVs - Year-over-year growth 2019-2023 (%)
Exhibit 22: MCVs - Market size and forecast 2018-2023 (million units)
Exhibit 23: MCVs - Year-over-year growth 2019-2023 (%)
Exhibit 24: Market opportunity by vehicle type
Exhibit 25: Market share by geography 2018-2023 (%)
Exhibit 26: Geographic comparison
Exhibit 27: Americas - Market size and forecast 2018-2023 (million units)
Exhibit 28: Americas - Year-over-year growth 2019-2023 (%)
Exhibit 29: APAC - Market size and forecast 2018-2023 (million units)
Exhibit 30: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 31: EMEA - Market size and forecast 2018-2023 (million units)
Exhibit 32: EMEA - Year-over-year growth 2019-2023 (%)
Exhibit 33: Key leading countries
Exhibit 34: Market opportunity
Exhibit 35: Impact of drivers and challenges
Exhibit 36: Vendor landscape
Exhibit 37: Landscape disruption
Exhibit 38: Vendors covered
Exhibit 39: Vendor classification
Exhibit 40: Market positioning of vendors
Exhibit 41: Daimler - Vendor overview
Exhibit 42: Daimler - Business segments
Exhibit 43: Daimler - Organizational developments
Exhibit 44: Daimler - Geographic focus
Exhibit 45: Daimler - Segment focus
Exhibit 46: Daimler - Key offerings
Exhibit 47: Ford Motor - Vendor overview
Exhibit 48: Ford Motor - Business segments
Exhibit 49: Ford Motor - Organizational developments
Exhibit 50: Ford Motor - Geographic focus
Exhibit 51: Ford Motor - Segment focus
Exhibit 52: Ford Motor - Key offerings
Exhibit 53: Hyundai Motor - Vendor overview
Exhibit 54: Hyundai Motor - Business segments
Exhibit 55: Hyundai Motor - Organizational developments
Exhibit 56: Hyundai Motor - Geographic focus
Exhibit 57: Hyundai Motor - Segment focus
Exhibit 58: Hyundai Motor - Key offerings
Exhibit 59: Toyota Motor - Vendor overview
Exhibit 60: Toyota Motor - Business segments
Exhibit 61: Toyota Motor - Organizational developments
Exhibit 62: Toyota Motor - Geographic focus
Exhibit 63: Toyota Motor - Segment focus
Exhibit 64: Toyota Motor - Key offerings
Exhibit 65: Volkswagen - Vendor overview
Exhibit 66: Volkswagen - Business segments
Exhibit 67: Volkswagen - Organizational developments
Exhibit 68: Volkswagen - Geographic focus
Exhibit 69: Volkswagen - Key offerings
Note: Product cover images may vary from those shown
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FEATURED COMPANIES
- Daimler
- Ford Motor
- Hyundai Motor
- Toyota Motor
- Volkswagen
- MORE
Global Light and Medium Commercial Vehicle Market 2019-2023
The author of the report recognizes the following companies as the key players in the global light and medium commercial vehicle market: Daimler, Ford Motor, Hyundai Motor, Toyota Motor, and Volkswagen.
Commenting on the report, an analyst from the research team said: “One trend in the market is growing e-commerce and construction industry. Urbanization is the major factor driving the construction industry. This, in turn, fuels the demand for additional vehicles to transport people and materials for construction within the cities. Rising urbanization leads to shift of retail and distribution centers within the proximity of urban areas.”
According to the report, one driver in the market is increasing demand for pickup trucks in emerging countries. LCVs like pick-up trucks contribute a significant share to the market because of their increasing demand. The Americas is the major market for pick-up trucks. They are used both for commercial and personal purposes in the region. Earlier, the penetration of pick-up trucks in the LCV markets in emerging countries like China and India was low, due to poor acceptance of their design among the end-users and high fuel consumption.
Further, the report states that one challenge in the market is fuel-efficiency standards to increase the price of LCVs and MCVs. Fuel-efficiency standards for LCVs and MCVs increase the prices of vehicles by about $4,500 per vehicle. The global light and medium commercial vehicle market will witness an increase in revenue by about $10 billion, if fuel-efficiency standards are increased by 1 mpg.
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.
The author of the report recognizes the following companies as the key players in the global light and medium commercial vehicle market: Daimler, Ford Motor, Hyundai Motor, Toyota Motor, and Volkswagen.
Commenting on the report, an analyst from the research team said: “One trend in the market is growing e-commerce and construction industry. Urbanization is the major factor driving the construction industry. This, in turn, fuels the demand for additional vehicles to transport people and materials for construction within the cities. Rising urbanization leads to shift of retail and distribution centers within the proximity of urban areas.”
According to the report, one driver in the market is increasing demand for pickup trucks in emerging countries. LCVs like pick-up trucks contribute a significant share to the market because of their increasing demand. The Americas is the major market for pick-up trucks. They are used both for commercial and personal purposes in the region. Earlier, the penetration of pick-up trucks in the LCV markets in emerging countries like China and India was low, due to poor acceptance of their design among the end-users and high fuel consumption.
Further, the report states that one challenge in the market is fuel-efficiency standards to increase the price of LCVs and MCVs. Fuel-efficiency standards for LCVs and MCVs increase the prices of vehicles by about $4,500 per vehicle. The global light and medium commercial vehicle market will witness an increase in revenue by about $10 billion, if fuel-efficiency standards are increased by 1 mpg.
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.
Note: Product cover images may vary from those shown
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- Daimler
- Ford Motor
- Hyundai Motor
- Toyota Motor
- Volkswagen
Note: Product cover images may vary from those shown
