The global van market stood at over $ 129 billion in 2017 and is projected to cross $ 164 billion by 2023. Anticipated growth in the market can be attributed to growth of logistics sector as well as e-retailing where light commercial vans are majorly used for transportation of goods. Moreover, rising demand for last mile delivery of goods and growing SMEs and MSMEs are positively influencing the global van market. Additionally, growing tourism across various countries is further anticipated to propel growth in the global van market over the coming years.
Years Considered for this Report:
2013 - 2016
Objective of the Study:
- To analyze and forecast the global van market size.
- To classify and forecast the global van market based on tonnage capacity, fuel type, end-use application, company and region.
- To identify drivers and challenges for the global van market.
- To examine competitive developments such as business growth opportunities, new product developments, mergers & acquisitions, etc., in the global van market.
- To identify and analyze the profiles of leading players in the global van market.
Some of the top players in the global van market are FORD Motor Company, Volkswagen AG, Mercedes-Benz, FCA Italy S.p.A., Renault SA., Groupe PSA, General Motor Company, Toyota Motor Corporation, Nissan Motor Co. Ltd., and Hyundai Motor Company.
To perform the study, the author conducted primary as well as exhaustive secondary research. Initially, the author prepared an exhaustive list of van dealers operating in different countries. Subsequently, the author conducted primary research surveys, which include primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. Through this technique, the author could include van dealers which could not be identified due to the limitations of secondary research. The author analyzed product offerings, distribution channels, and regional presence of all major van distributors across the globe.
The author calculated the global van market size using a bottom-up technique, wherein van volume sales data, was recorded as well as forecast for the future years. The author sourced these values from industry experts and company representatives, and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Multiple secondary sources such as directories, databases such as automotive manufacturing associations, company websites, company annual reports, white papers, investor presentations and financial reports were also studied by the author.
Key Target Audience:
- Van manufacturers, suppliers, distributors and other stakeholders
- Associations, organizations, forums and alliances related to the van market
- Government bodies such as regulating authorities and policy makers
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as van manufacturers, investment sectors, and to the end-users. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
In this report, the global van market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Market, by Tonnage Capacity:
Market, by Fuel Type:
Market, by End-Use:
Market, by Region:
- Up to 2 Ton
- 2 Ton - 3 Ton
- 3 Ton - 5.5 Ton
Market, by Company:
- Europe & CIS
- North America
- South America
- Middle East
- FORD Motor Company
- Volkswagen AG
- FCA Italy S.p.A.
Detailed analysis of the major companies present in the global van market.
With the given market data, the author offers customizations according to a company’s specific needs. The following customization options are available for the report:
Profit Margin Analysis
- Detailed analysis and profiling of additional market players (up to five).
*Note - Custom Research License:
- Profit margin analysis in case of direct and indirect sales channel.
10% specific customization is available free of any additional cost, for both the single user and enterprise license, as above. However, alternatively, if you are looking for additional content data or insight related to the scope of the report, you may purchase the new “Custom Research License”. Please enquire for pricing.
The custom research will be delivered in printable PDF format along with the report’s data excel sheet. This license offers 80 analyst hours. It is strongly recommended for an organization which wants to execute short ‘bespoke’ research projects related to the scope of the purchased report.
Please note: With the Enterprise license, the PDF product is printable and editable and comes with a market data excel sheet.