Light commercial vehicle market

Light Commercial Vehicle Market, By Propulsion Type (Internal Combustion Engine and Electric & Hybrid), By Vehicle Class (Class 1 and Class 2), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

  • Apr 2024
  • CMI5221
  • 169 Pages
  • Excel & Pdf
  • Automotive and Transportation
N/A

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Propulsion Type
      • Market Snippet, By Vehicle Class
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Regulatory Scenario
    • Industry Trend
    • Merger and Acquisitions
    • New system Launch/Approvals
    • Impact of COVID-19 Pandemic
  4. Global Light Commercial Vehicle Market, By Propulsion Type, 2019-2031, (US$ Billion)
    • Introduction
      • Market Share Analysis, 2024 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019-2031
      • Segment Trends
    • Internal Combustion Engine (ICE)
      • Introduction
      • Market Size and Forecast, 2019–2031, (US$ Billion)
    • Electric & Hybrid
      • Introduction
      • Market Size and Forecast, 2019–2031, (US$ Billion)
  5. Global Light Commercial Vehicle Market, By Vehicle Class, 2019-2031, (US$ Billion)
    • Introduction
      • Market Share Analysis, 2024 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019-2031
      • Segment Trends
    • Class 1 (<6,000 lbs)
      • Introduction
      • Market Size and Forecast, 2019–2031, (US$ Billion)
    • Class 2 (6,001-10,000 lbs)
      • Introduction
      • Market Size and Forecast, 2019–2031, (US$ Billion)
  6. Global Light Commercial Vehicle Market, By Region, 2019-2031 (US$ Billion)
    • Introduction
      • Market Share Analysis, By Region, 2024 and 2031 (%)
    • North America
      • Regional Trends
      • Market Size and Forecast, By Propulsion Type, 2019–2031, (US$ Billion)
      • Market Size and Forecast, By Vehicle Class, 2019–2031, (US$ Billion)
      • Market Size and Forecast, By Country, 2019–2031, (US$ Billion)
        • U.S.
        • Canada
    • Europe
      • Regional Trends
      • Market Size and Forecast, By Propulsion Type, 2019–2031, (US$ Billion)
      • Market Size and Forecast, By Vehicle Class, 2019–2031, (US$ Billion)
      • Market Size and Forecast, By Country, 2019–2031, (US$ Billion)
        • U.K.
        • Germany
        • France
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Regional Trends
      • Market Size and Forecast, By Propulsion Type, 2019–2031, (US$ Billion)
      • Market Size and Forecast, By Vehicle Class, 2019–2031, (US$ Billion)
      • Market Size and Forecast, By Country, 2019–2031, (US$ Billion)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Regional Trends
      • Market Size and Forecast, By Propulsion Type, 2019–2031, (US$ Billion)
      • Market Size and Forecast, By Vehicle Class, 2019–2031, (US$ Billion)
      • Market Size and Forecast, By Country, 2019–2031, (US$ Billion)
        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Regional Trends
      • Market Size and Forecast, By Propulsion Type, 2019–2031, (US$ Billion)
      • Market Size and Forecast, By Vehicle Class, 2019–2031, (US$ Billion)
      • Market Size and Forecast, By Country, 2019–2031, (US$ Billion)
        • South Africa
        • GCC Countries
        • Rest of the Middle East& Africa
  7. Competitive Landscape
    • Company Profiles
      • Ashok Leyland
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • BAIC Group
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • BYD Motors Inc
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Daimler AG
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Dongfeng Motor Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Ford Motor Company
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Gaz Group
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • General Motors Company
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Honda Motor Company
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Hyundai Motor Company
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Isuzu Motors Ltd
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Mahindra & Mahindra
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Nissan Motor Company Ltd
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Renault Group
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Rivian Automotive LLC
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Tata Motors
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Tesla Inc
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Toyota Motors
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Volkswagen AG
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Volvo AB
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
  8. Wheel of Fortune
    • Wheel of Fortune
    • Analyst View
    • Coherent Opportunity Map
  9. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 60 market data tables and 40 figures on "Global Light Commercial Vehicle Market - Global forecast to 2031”

 

Market Segmentation

  • By Propulsion Type
    • Internal Combustion Engine (ICE)
    • Electric & Hybrid
  •  By Vehicle Class
    • Class 1 (<6,000 lbs)
    • Class 2 (6,001-10,000 lbs)
  • By Regional
    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • Middle East & Africa 
- Frequently Asked Questions -

What is the CAGR of global light commercial vehicle market during the forecast period (2024-2031)?

The CAGR of global light commercial vehicle market is projected to be 6.8% from 2024 to 2031.

What are the major factors driving the global light commercial vehicle market growth?

Urbanization and last-mile delivery demand and stringent emission regulations and sustainability initiatives are the major factors driving the growth of global light commercial vehicle market.

What are the key factors hampering growth of the global light commercial vehicle market?

Rising Fuel costs and pressure for efficiency and stringent emission regulations are the major factors hampering the growth of global light commercial vehicle market.

Which will be the leading propulsion type segment in the global light commercial vehicle market in 2024?

In terms of propulsion type, internal combustion engine (ICE) segment is  estimated to dominate the market in 2024.

Which are the major players operating in the global light commercial vehicle market?

Ashok Leyland, BAIC Group, BYD Motors Inc, Daimler AG, Dongfeng Motor Corporation, Ford Motor Company, Gaz Group, General Motors Company, Honda Motor Company, Hyundai Motor Company, Isuzu Motors Ltd, Mahindra & Mahindra, Nissan Motor Company Ltd, Renault Group, Rivian Automotive LLC, Tata Motors, Tesla Inc, Toyota Motors, Volkswagen AG, Volvo AB are the major players.

Which region will lead the global light commercial vehicle market in 2024?

Asia Pacific is expected to lead the global light commercial vehicle market in 2024.
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