Market Overview
As per the MRFR Analysis. the light commercial vehicles market is anticipated to witness CAGR of 4.4% during the review period.
One illustration of the rising interest for light commercial vehicles is the rising interest age from both modern and non-modern areas. In 2022, the light commercial vehicles market was overwhelmed by exceptionally potential nations like USA, China, India, and Japan. The future market development standpoint for light commercial vehicles in these nations appears to be shocking attributable to their evaluating reasonableness, efficiency and comfort.
The coordinated operations and production network organizations are confronting remarkable change as digitization grabs hold and client assumptions develop. Arising trend setting innovations are empowering more noteworthy effectiveness and more cooperative working models. The coordinated factors and inventory network industry across different nations is exceptionally cutthroat. The quick expansion in online business deals is driving changes in the planned operations industry. According to the US Division of Trade, in 2020, all out US online business deals arrived at USD 787.9 billion, a 32.3% year-over-year increment from 2019's USD 595.7 billion. The development in web-based business has brought about a higher volume of low-esteem shipments. Accordingly, retailers are progressively decentralizing their dispersion places and laying out "last mile" satisfaction focuses to keep stock nearer to purchasers. This component, thusly, is expanding the interest for light commercial vehicles for moving the stock to the nearer conveyance focuses.
Market- Segmentation
Among all the types, the coaches segment secured the leading spot across the global market for light commercial vehicles in 2021, given the increased adoption of buses & coaches in the healthcare and tourism industries.
The Light Commercial Vehicles Market, in this report, has been segmented based on Vehicle Type into trucks, vans, and buses.
The Light Commercial Vehicles Market, in this report, has been segmented based on Fuel Type into diesel, petrol, and electric.
The Light Commercial Vehicles Market, in this report, has been segmented based on fuel type into diesel, gasoline, and electric.
The light commercial vehicles market in this report has been segmented on the basis of ownership into, leased, and owned.
Regional Insights
Based on region, the worldwide light commercial vehicles is divided into North America, Europe, Asia-Pacific, Middle East and Africa, and South America. Further, the significant nations concentrated on in the market report are the U.S., Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Major Players
Ford Motor Company, General Motors, Daimler AG, Volkswagen AG, Renault Trucks, Volvo Group, Mitsubishi motor Corporation, PACCAR Inc. Hyundai Motor Company, Nissan Motor Company Ltd. are the major players in the market.
TABLE OF CONTENTS
TABLE OF CONTENTS
1. EXECUTIVE SUMMARY
- 1.1. MARKET ATTRACTIVENESS ANALYSIS
- 1.1.1. GLOBAL LIGHT COMMERCIAL VEHICLES MARKET, BY VEHICLE TYPE
- 1.1.2. GLOBAL LIGHT COMMERCIAL VEHICLES MARKET, BY FUEL TYPE
- 1.1.3. GLOBAL LIGHT COMMERCIAL VEHICLES MARKET, BY OWNERSHIP
- 1.1.4. GLOBAL LIGHT COMMERCIAL VEHICLES MARKET, BY REGION
2. MARKET INTRODUCTION
- 2.1. DEFINITION
- 2.2. SCOPE OF THE STUDY
- 2.3. MARKET STRUCTURE
3. RESEARCH METHODOLOGY
- 3.1. RESEARCH PROCESS
- 3.2. PRIMARY RESEARCH
- 3.3. SECONDARY RESEARCH
- 3.4. MARKET SIZE ESTIMATION
- 3.5. FORECAST MODEL
- 3.6. LIST OF ASSUMPTIONS
4. MARKET DYNAMICS
- 4.1. INTRODUCTION
- 4.2. DRIVERS
- 4.2.1. GROWING DEMAND FROM LOGISTICS & SUPPLY CHAIN INDUSTRIES
- 4.2.2. STRATEGIC INVESTMENT BY MAJOR MANUFACTURERS
- 4.2.3. DRIVERS IMPACT ANALYSIS
- 4.3. RESTRAINTS
- 4.3.1. GOVERNMENT EMISSIONS NORMS & RESURGENCE OF UNORGANIZED PLAYERS
- 4.3.2. RESTRAINTS IMPACT ANALYSIS
- 4.4. OPPORTUNITIES
- 4.4.1. GOVERNMENT INITIATIVES TO ENCOURAGE ADOPTION OF ELECTRIC LIGHT COMMERCIAL VEHICLES
- 4.5. IMPACT ANALYSIS OF COVID-19
- 4.5.1. IMPACT ON OVERALL AUTOMOTIVE INDUSTRY
- 4.5.2. IMPACT ON LIGHT COMMERCIAL VEHICLES MARKET
- 4.5.3. IMPACT ON SUPPLY CHAIN OF LIGHT COMMERCIAL VEHICLES
- 4.5.3.1. PRICE VARIATION OF KEY RAW MATERIALS
- 4.5.3.2. PRODUCTION SHUTDOWN
- 4.5.3.3. CASH FLOW CONSTRAINTS
- 4.5.3.4. IMPACT ON IMPORT/EXPORT
- 4.5.4. IMPACT ON MARKET DEMAND OF LIGHT COMMERCIAL VEHICLES
- 4.5.4.1. IMPACT DUE TO RESTRICTIONS/LOCKDOWN
- 4.5.4.2. CONSUMER SENTIMENTS
- 4.5.5. IMPACT ON PRICING OF LIGHT COMMERCIAL VEHICLES
5. MARKET FACTOR ANALYSIS
- 5.1. SUPPLY CHAIN ANALYSIS
- 5.2. PORTER'S FIVE FORCES MODEL
- 5.2.1. BARGAINING POWER OF SUPPLIERS
- 5.2.2. BARGAINING POWER OF BUYERS
- 5.2.3. THREAT OF NEW ENTRANTS
- 5.2.4. THREAT OF SUBSTITUTES
- 5.2.5. INTENSITY OF RIVALRY
6. GLOBAL LIGHT COMMERCIAL VEHICLES MARKET, BY VEHICLE TYPE
- 6.1. INTRODUCTION
- 6.2. TRUCKS
- 6.3. BUSES
- 6.4. VANS
7. GLOBAL LIGHT COMMERCIAL VEHICLES MARKET, BY FUEL TYPE
- 7.1. INTRODUCTION
- 7.2. DIESEL
- 7.3. GASOLINE
- 7.4. ELECTRIC
8. GLOBAL LIGHT COMMERCIAL VEHICLES MARKET, BY OWNERSHIP
- 8.1. INTRODUCTION
- 8.2. LEASED
- 8.3. OWNED
9. GLOBAL LIGHT COMMERCIAL VEHICLES MARKET, BY REGION
- 9.1. INTRODUCTION
- 9.2. NORTH AMERICA
- 9.2.1. US
- 9.2.2. CANADA
- 9.2.3. MEXICO
- 9.3. EUROPE
- 9.3.1. GERMANY
- 9.3.2. FRANCE
- 9.3.3. SPAIN
- 9.3.4. UK
- 9.3.5. ITALY
- 9.3.6. REST OF EUROPE
- 9.4. ASIA-PACIFIC
- 9.4.1. CHINA
- 9.4.2. INDIA
- 9.4.3. JAPAN
- 9.4.4. REST OF ASIA-PACIFIC
- 9.5. MIDDLE EAST & AFRICA
- 9.6. SOUTH AMERICA
- 9.6.1. BRAZIL
- 9.6.2. ARGENTINA
- 9.6.3. REST OF SOUTH AMERICA
10. COMPETITIVE LANDSCAPE
- 10.1. INTRODUCTION
- 10.2. MARKET SHARE ANALYSIS, 2022 (%)
- 10.3. COMPETITIVE ANALYSIS
- 10.4. MAJOR GROWTH STRATEGY IN THE GLOBAL LIGHT COMMERCIAL VEHICLES MARKET
- 10.5. COMPETITIVE BENCHMARKING
- 10.6. XXX: THE LEADING PLAYER IN TERMS OF NUMBER OF DEVELOPMENTS IN THE GLOBAL LIGHT COMMERCIAL VEHICLES MARKET
- 10.7. KEY DEVELOPMENTS & GROWTH STRATEGIES
- 10.7.1. NEW PRODUCT LAUNCH/SERVICE DEPLOYMENT
- 10.7.2. MERGER & ACQUISITION
- 10.7.3. JOINT VENTURES
11. COMPANY PROFILES
- 11.1. GENERAL MOTORS
- 11.1.1. COMPANY OVERVIEW
- 11.1.2. FINANCIAL OVERVIEW
- 11.1.3. PRODUCT OFFERED
- 11.1.4. KEY DEVELOPMENTS
- 11.1.5. SWOT ANALYSIS
- 11.1.6. KEY STRATEGIES
- 11.2. FORD MOTOR COMPANY
- 11.2.1. COMPANY OVERVIEW
- 11.2.2. FINANCIAL OVERVIEW
- 11.2.3. PRODUCT OFFERED
- 11.2.4. KEY DEVELOPMENTS
- 11.2.5. SWOT ANALYSIS
- 11.2.6. KEY STRATEGIES
- 11.3. DAIMLER AG
- 11.3.1. COMPANY OVERVIEW
- 11.3.2. FINANCIAL OVERVIEW
- 11.3.3. PRODUCT OFFERED
- 11.3.4. KEY DEVELOPMENTS
- 11.3.5. SWOT ANALYSIS
- 11.3.6. KEY STRATEGIES
- 11.4. AB VOLVO
- 11.4.1. COMPANY OVERVIEW
- 11.4.2. FINANCIAL OVERVIEW
- 11.4.3. PRODUCT OFFERED
- 11.4.4. KEY DEVELOPMENTS
- 11.4.5. SWOT ANALYSIS
- 11.4.6. KEY STRATEGIES
- 11.5. TESLA INC.
- 11.5.1. COMPANY OVERVIEW
- 11.5.2. FINANCIAL OVERVIEW
- 11.5.3. PRODUCT OFFERED
- 11.5.4. KEY DEVELOPMENTS
- 11.5.5. SWOT ANALYSIS
- 11.5.6. KEY STRATEGIES
- 11.6. PACCAR INC.
- 11.6.1. COMPANY OVERVIEW
- 11.6.2. FINANCIAL OVERVIEW
- 11.6.3. PRODUCT OFFERED
- 11.6.4. KEY DEVELOPMENTS
- 11.6.5. SWOT ANALYSIS
- 11.6.6. KEY STRATEGIES
- 11.7. SCANIA AB
- 11.7.1. COMPANY OVERVIEW
- 11.7.2. FINANCIAL OVERVIEW
- 11.7.3. PRODUCT OFFERED
- 11.7.4. KEY DEVELOPMENTS
- 11.7.5. SWOT ANALYSIS
- 11.7.6. KEY STRATEGIES
- 11.8. FORD MOTOR
- 11.8.1. COMPANY OVERVIEW
- 11.8.2. FINANCIAL OVERVIEW
- 11.8.3. PRODUCT OFFERED
- 11.8.4. KEY DEVELOPMENTS
- 11.8.5. SWOT ANALYSIS
- 11.8.6. KEY STRATEGIES
- 11.9. NISSAN
- 11.9.1. COMPANY OVERVIEW
- 11.9.2. FINANCIAL OVERVIEW
- 11.9.3. PRODUCT OFFERED
- 11.9.4. KEY DEVELOPMENTS
- 11.9.5. SWOT ANALYSIS
- 11.9.6. KEY STRATEGIES
- 11.10. HYUNDAI MOTOR
- 11.10.1. COMPANY OVERVIEW
- 11.10.2. FINANCIAL OVERVIEW
- 11.10.3. PRODUCT OFFERED
- 11.10.4. KEY DEVELOPMENTS
- 11.10.5. SWOT ANALYSIS
- 11.10.6. KEY STRATEGIES
12. APPENDIX
- 12.1. REFERENCES
- 12.2. RELATED REPORTS
- 12.3. LIST OF ABBREVIATIONS