Light Commercial Vehicles Market Research Report - Global Forecast till 2030

Light Commercial Vehicle Market Research Report Information By Type (Trucks, Vans, Buses, Coaches, and Others), By Fuel Type (Diesel, Gasoline, and Electric), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2030

ID: MRFR/AM/6257-HCR | 187 Pages | Author: Swapnil Palwe | May 2023         

Table of Contents

1. Executive Summary

2. Scope of the Report

2.1. Market Definition

2.2. Scope of the Study

2.2.1. Definition

2.2.2. Research Objective

2.2.3. Assumptions

2.2.4. Limitations

2.3. Research Process

2.3.1. Primary Research

2.3.2. Secondary Research

2.4. Market size Estimation

2.5. Forecast Model

3. Market Landscape

3.1. Porter’s Five Forces Analysis

3.1.1. Threat of New Entrants

3.1.2. Bargaining power of buyers

3.1.3. Threat of substitutes

3.1.4. Segment rivalry

3.1.5. Bargaining Power of Buyers

3.2. Value Chain/Supply Chain Analysis

4. Market Dynamics

4.1. Introduction

4.2. Market Drivers

4.3. Market Restraints

4.4. Market Opportunities

4.5. Market Trends

5. Global Light Commercial Vehicles Market, By Type

5.1. Introduction

5.2. Trucks

5.2.1. Market Estimates & Forecast, 2022-2030

5.2.2. Market Estimates & Forecast by Region, 2022-2030

5.3. Buses

5.3.1. Market Estimates & Forecast, 2022-2030

5.3.2. Market Estimates & Forecast by Region, 2022-2030

5.4. Vans

5.4.1. Market Estimates & Forecast, 2022-2030

5.4.2. Market Estimates & Forecast by Region, 2022-2030

5.5. Coaches

5.5.1. Market Estimates & Forecast, 2022-2030

5.5.2. Market Estimates & Forecast by Region, 2022-2030

5.6. Others

5.6.1. Market Estimates & Forecast, 2022-2030

5.6.2. Market Estimates & Forecast by Region, 2022-2030

6. Global Light Commercial Vehicles Market, By Fuel Type

6.1. Diesel

6.1.1. Market Estimates & Forecast, 2022-2030

6.1.2. Market Estimates & Forecast by Region, 2022-2030

6.2. Gasoline

6.2.1. Market Estimates & Forecast, 2022-2030

6.2.2. Market Estimates & Forecast by Region, 2022-2030

6.3. Electric

6.3.1. Market Estimates & Forecast, 2022-2030

6.3.2. Market Estimates & Forecast by Region, 2022-2030

7. Global Light Commercial Vehicles Market, By Region

7.1. Introduction

7.2. North America

7.2.1. Market Estimates & Forecast, 2022-2030

7.2.2. Market Estimates & Forecast by Type, 2022-2030

7.2.3. Market Estimates & Forecast by Fuel Type, 2022-2030

7.2.4. US

7.2.4.1. Market Estimates & Forecast by Type, 2022-2030

7.2.4.2. Market Estimates & Forecast by Fuel Type, 2022-2030

7.2.5. Canada

7.2.5.1. Market Estimates & Forecast by Type, 2022-2030

7.2.5.2. Market Estimates & Forecast by Fuel Type, 2022-2030

7.2.6. Mexico

7.2.6.1. Market Estimates & Forecast by Type, 2022-2030

7.2.6.2. Market Estimates & Forecast by Fuel Type, 2022-2030

7.3. Europe

7.3.1. Market Estimates & Forecast by Type, 2022-2030

7.3.2. Market Estimates & Forecast by Fuel Type, 2022-2030

7.3.3. Germany

7.3.3.1. Market Estimates & Forecast by Type, 2022-2030

7.3.3.2. Market Estimates & Forecast by Fuel Type, 2022-2030

7.3.4. UK

7.3.4.1. Market Estimates & Forecast by Type, 2022-2030

7.3.4.2. Market Estimates & Forecast by Fuel Type, 2022-2030

7.3.5. France

7.3.5.1. Market Estimates & Forecast by Type, 2022-2030

7.3.5.2. Market Estimates & Forecast by Fuel Type, 2022-2030

7.3.6. Italy

7.3.6.1. Market Estimates & Forecast by Type, 2022-2030

7.3.6.2. Market Estimates & Forecast by Fuel Type, 2022-2030

7.3.7. Rest of Europe

7.3.7.1. Market Estimates & Forecast by Type, 2022-2030

7.3.7.2. Market Estimates & Forecast by Fuel Type, 2022-2030

7.4. Asia-Pacific

7.4.1. Market Estimates & Forecast by Type, 2022-2030

7.4.2. Market Estimates & Forecast by Fuel Type, 2022-2030

7.4.3. China

7.4.3.1. Market Estimates & Forecast by Type, 2022-2030

7.4.3.2. Market Estimates & Forecast by Fuel Type, 2022-2030

7.4.4. Japan

7.4.4.1. Market Estimates & Forecast by Type, 2022-2030

7.4.4.2. Market Estimates & Forecast by Fuel Type, 2022-2030

7.4.5. India

7.4.5.1. Market Estimates & Forecast by Type, 2022-2030

7.4.5.2. Market Estimates & Forecast by Fuel Type, 2022-2030

7.4.6. Rest of Asia-Pacific

7.4.6.1. Market Estimates & Forecast by Type, 2022-2030

7.4.6.2. Market Estimates & Forecast by Fuel Type, 2022-2030

7.4.6.3.

7.5. Rest of the World

7.5.1. Market Estimates & Forecast by Type, 2022-2030

7.5.2. Market Estimates & Forecast by Fuel Type, 2022-2030

7.5.3. Middle East & Africa

7.5.3.1. Market Estimates & Forecast by Type, 2022-2030

7.5.3.2. Market Estimates & Forecast by Fuel Type, 2022-2030

7.5.4. South America

7.5.4.1. Market Estimates & Forecast by Type, 2022-2030

7.5.4.2. Market Estimates & Forecast by Fuel Type, 2022-2030

8. Competitive Landscape

9. Company Profile

9.1. Daimler AG

9.1.1. Company Overview

9.1.2. Products/Services Type

9.1.3. Financial Overview

9.1.4. Key Developments

9.1.5. Strategy

9.1.6. SWOT Analysis

9.2. Volvo Group

9.2.1. Company Overview

9.2.2. Products/Services Type

9.2.3. Financial Overview

9.2.4. Key Developments

9.2.5. Strategy

9.2.6. SWOT Analysis

9.3. Dongfeng Motor

9.3.1. Company Overview

9.3.2. Products/Services Type

9.3.3. Financial Overview

9.3.4. Key Developments

9.3.5. Strategy

9.3.6. SWOT Analysis

9.4. Volkswagen Group

9.4.1. Company Overview

9.4.2. Products/Services Type

9.4.3. Financial Overview

9.4.4. Key Developments

9.4.5. Strategy

9.4.6. SWOT Analysis

9.5. Tata Group

9.5.1. Company Overview

9.5.2. Products/Services Type

9.5.3. Financial Overview

9.5.4. Key Developments

9.5.5. Strategy

9.5.6. SWOT Analysis

9.6. Ford Motor Company

9.6.1. Company Overview

9.6.2. Products/Services Type

9.6.3. Financial Overview

9.6.4. Key Developments

9.6.5. Strategy

9.6.6. SWOT Analysis

9.7. Groupe PSA

9.7.1. Company Overview

9.7.2. Products/Services Type

9.7.3. Financial Overview

9.7.4. Key Developments

9.7.5. Strategy

9.7.6. SWOT Analysis

9.8. General Motors

9.8.1. Company Overview

9.8.2. Products/Services Type

9.8.3. Financial Overview

9.8.4. Key Developments

9.8.5. Strategy

9.8.6. SWOT Analysis

9.9. Hyundai Motor Company

9.9.1. Company Overview

9.9.2. Products/Services Type

9.9.3. Financial Overview

9.9.4. Key Developments

9.9.5. Strategy

9.9.6. SWOT Analysis

9.10. Groupe Renault

9.10.1. Company Overview

9.10.2. Products/Services Type

9.10.3. Financial Overview

9.10.4. Key Developments

9.10.5. Strategy

9.10.6. SWOT Analysis

List of Tables

Table 1 Global Light Commercial Vehicles Market: By Region, 2022-2030

Table 2 North America: Light Commercial Vehicles Market: By Country, 2022-2030

Table 3 Europe: Light Commercial Vehicles Market: By Country, 2022-2030

Table 4 Asia-Pacific: Light Commercial Vehicles Market: By Country, 2022-2030

Table 5 RoW: Light Commercial Vehicles Market: By Region, 2022-2030

Table 6 Global Light Commercial Vehicles Market, By Type, By Regions, 2022-2030

Table 7 North America: Light Commercial Vehicles Market, By Type, By Country, 2022-2030

Table 8 Europe: Light Commercial Vehicles Market, By Type, By Country, 2022-2030

Table 9 Asia-Pacific: Light Commercial Vehicles Market, By Type, By Country, 2022-2030

Table 10 RoW: Light Commercial Vehicles Market, By Type, By Country, 2022-2030

Table 11 Global Light Commercial Vehicles Market by Fuel Type: By Regions, 2022-2030

Table 12 North America: Light Commercial Vehicles Market by Fuel Type: By Country, 2022-2030

Table 13 Europe: Light Commercial Vehicles Market by Fuel Type: By Country, 2022-2030

Table 14 Asia-Pacific: Light Commercial Vehicles Market by Fuel Type: By Country, 2022-2030

Table 15 RoW: Light Commercial Vehicles Market by Fuel Type: By Country, 2022-2030

Table 16 Global Light Commercial Vehicles Market: By Region, 2022-2030

Table 17 Global Light Commercial Vehicles Market: By Type, 2022-2030

Table 18 Global Light Commercial Vehicles Market: By Fuel Type, 2022-2030

Table 19 Global Light Commercial Vehicles Market: By Application, 2022-2030

Table 20 Global Light Commercial Vehicles Market: By Vehicle Type, 2022-2030

List of Figures

FIGURE 1 Research Process of MRFR

FIGURE 2 Top-down & Bottom-up Approach

FIGURE 3 Market Dynamics

FIGURE 4 Impact Analysis: Market Drivers

FIGURE 5 Impact Analysis: Market Restraints

FIGURE 6 Porter's Five Forces Analysis

FIGURE 7 Value Chain Analysis

FIGURE 8 Global Light Commercial Vehicles Market Share, By Type, 2022 (%)

FIGURE 9 Global Light Commercial Vehicles Market, By Type, 2022-2030 (USD MILLION)

FIGURE 10 Global Light Commercial Vehicles Market Share, By Fuel Type, 2022 (%)

FIGURE 11 Global Light Commercial Vehicles Market, By Fuel Type, 2022-2030 (USD MILLION)

FIGURE 12 Global Light Commercial Vehicles Market Share (%), By Region, 2022

FIGURE 13 Global Light Commercial Vehicles Market, BY Region, 2022-2030 (USD MILLION)

FIGURE 14 North America: Light Commercial Vehicles Market Share (%), 2022

FIGURE 15 North America: Light Commercial Vehicles Market by Country, 2022-2030 (USD MILLION)

FIGURE 16 Europe: Light Commercial Vehicles Market Share (%), 2022

FIGURE 17 Europe: Light Commercial Vehicles Market BY Country, 2022-2030 (USD MILLION)

FIGURE 18 Asia-Pacific: Light Commercial Vehicles Market Share (%), 2022

FIGURE 19 Asia-Pacific: Light Commercial Vehicles Market BY Country, 2022-2030 (USD MILLION)

FIGURE 20 Rest of the World: Light Commercial Vehicles Market Share (%), 2022

FIGURE 21 Rest of the World: Light Commercial Vehicles Market BY Country, 2022-2030 (USD MILLION)

Light Commercial Vehicle Market Segmentation


Light Commercial Vehicle Type Outlook (USD Million, 2018-2030)




  • Trucks




  • Vans




  • Buses




  • Coaches




  • Others




Light Commercial Vehicle Fuel Type Outlook (USD Million, 2018-2030)




  • Diesel




  • Gasoline




  • Electric




Light Commercial Vehicle Regional Outlook (USD Million, 2018-2030)




  • North America Outlook (USD Million, 2018-2030)




    • North America Light Commercial Vehicle by Type




      • Trucks




      • Vans




      • Buses




      • Coaches




      • Others






    • North America Light Commercial Vehicle by Fuel Type




      • Diesel




      • Gasoline




      • Electric






    • US Outlook (USD Million, 2018-2030)




    • US Light Commercial Vehicle by Type




      • Trucks




      • Vans




      • Buses




      • Coaches




      • Others






    • US Light Commercial Vehicle by Fuel Type




      • Diesel




      • Gasoline




      • Electric






    • CANADA Outlook (USD Million, 2018-2030)




    • CANADA Light Commercial Vehicle by Type




      • Trucks




      • Vans




      • Buses




      • Coaches




      • Others






    • CANADA Light Commercial Vehicle by Fuel Type




      • Diesel




      • Gasoline




      • Electric








  • Europe Outlook (USD Million, 2018-2030)




    • Europe Light Commercial Vehicle by Type




      • Trucks




      • Vans




      • Buses




      • Coaches




      • Others






    • Europe Light Commercial Vehicle by Fuel Type




      • Diesel




      • Gasoline




      • Electric






    • Germany Outlook (USD Million, 2018-2030)




    • Germany Light Commercial Vehicle by Type




      • Trucks




      • Vans




      • Buses




      • Coaches




      • Others






    • Germany Light Commercial Vehicle by Fuel Type




      • Diesel




      • Gasoline




      • Electric






    • France Outlook (USD Million, 2018-2030)




    • France Light Commercial Vehicle by Type




      • Trucks




      • Vans




      • Buses




      • Coaches




      • Others






    • France Light Commercial Vehicle by Fuel Type




      • Diesel




      • Gasoline




      • Electric






    • UK Outlook (USD Million, 2018-2030)




    • UK Light Commercial Vehicle by Type




      • Trucks




      • Vans




      • Buses




      • Coaches




      • Others






    • UK Light Commercial Vehicle by Fuel Type




      • Diesel




      • Gasoline




      • Electric






    • ITALY Outlook (USD Million, 2018-2030)




    • ITALY Light Commercial Vehicle by Type




      • Trucks




      • Vans




      • Buses




      • Coaches




      • Others






    • ITALY Light Commercial Vehicle by Fuel Type




      • Diesel




      • Gasoline




      • Electric






    • SPAIN Outlook (USD Million, 2018-2030)




    • Spain Light Commercial Vehicle by Type




      • Trucks




      • Vans




      • Buses




      • Coaches




      • Others






    • Spain Light Commercial Vehicle by Fuel Type




      • Diesel




      • Gasoline




      • Electric






    • Rest Of Europe Outlook (USD Million, 2018-2030)




    • Rest Of Europe Light Commercial Vehicle by Type




      • Trucks




      • Vans




      • Buses




      • Coaches




      • Others






    • REST OF EUROPE Light Commercial Vehicle by Fuel Type




      • Diesel




      • Gasoline




      • Electric








  • Asia-Pacific Outlook (USD Million, 2018-2030)




    • Asia-Pacific Light Commercial Vehicle by Type




      • Trucks




      • Vans




      • Buses




      • Coaches




      • Others






    • Asia-Pacific Light Commercial Vehicle by Fuel Type




      • Diesel




      • Gasoline




      • Electric






    • China Outlook (USD Million, 2018-2030)




    • China Light Commercial Vehicle by Type




      • Trucks




      • Vans




      • Buses




      • Coaches




      • Others






    • China Light Commercial Vehicle by Fuel Type




      • Diesel




      • Gasoline




      • Electric






    • Japan Outlook (USD Million, 2018-2030)




    • Japan Light Commercial Vehicle by Type




      • Trucks




      • Vans




      • Buses




      • Coaches




      • Others






    • Japan Light Commercial Vehicle by Fuel Type




      • Diesel




      • Gasoline




      • Electric






    • India Outlook (USD Million, 2018-2030)




    • India Light Commercial Vehicle by Type




      • Trucks




      • Vans




      • Buses




      • Coaches




      • Others






    • India Light Commercial Vehicle by Fuel Type




      • Diesel




      • Gasoline




      • Electric






    • Australia Outlook (USD Million, 2018-2030)




    • Australia Light Commercial Vehicle by Type




      • Trucks




      • Vans




      • Buses




      • Coaches




      • Others






    • Australia Light Commercial Vehicle by Fuel Type




      • Diesel




      • Gasoline




      • Electric






    • Rest of Asia-Pacific Outlook (USD Million, 2018-2030)




    • Rest of Asia-Pacific Light Commercial Vehicle by Type




      • Trucks




      • Vans




      • Buses




      • Coaches




      • Others






    • Rest of Asia-Pacific Light Commercial Vehicle by Fuel Type




      • Diesel




      • Gasoline




      • Electric








  • Rest of the World Outlook (USD Million, 2018-2030)




    • Rest of the World Light Commercial Vehicle by Type




      • Trucks




      • Vans




      • Buses




      • Coaches




      • Others






    • Rest of the World Light Commercial Vehicle by Fuel Type




      • Diesel




      • Gasoline




      • Electric






    • Middle East Outlook (USD Million, 2018-2030)




    • Middle East Light Commercial Vehicle by Type




      • Trucks




      • Vans




      • Buses




      • Coaches




      • Others






    • Middle East Light Commercial Vehicle by Fuel Type




      • Diesel




      • Gasoline




      • Electric






    • Africa Outlook (USD Million, 2018-2030)




    • Africa Light Commercial Vehicle by Type




      • Trucks




      • Vans




      • Buses




      • Coaches




      • Others






    • Africa Light Commercial Vehicle by Fuel Type




      • Diesel




      • Gasoline




      • Electric






    • Latin America Outlook (USD Million, 2018-2030)




    • Latin America Light Commercial Vehicle by Type




      • Trucks




      • Vans




      • Buses




      • Coaches




      • Others






    • Latin America Light Commercial Vehicle by Fuel Type




      • Diesel




      • Gasoline




      • Electric







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Research Methodology on Light Commercial Vehicles Market


Introduction


Light commercial vehicles (LCVs) are an increasingly important part of the global automotive landscape. Their key features – versatility, fuel efficiency, and dependability – can be seen in the increasing popularity of LCVs in the global market. In this report, Market Research Future (MRFR) analyzes the LCV market over the forecast period 2023-2030. After examining the past and current trends, MRFR expects the market to expand at a notable compound annual growth rate (CAGR). The scope of the report includes the leading factors driving the LCV market, key market players, and regional analysis.


Research Methodology


The main source of data for this report is secondary, which includes various government sources, trade journals and professional magazines and websites. Secondary sources also include whitepapers from the automotive sector, extracts from various surveys and interviews of market analysts and experts in the industry.


Primary sources include interviews with industry stakeholders, company management teams and other automotive industry leaders to obtain a comprehensive understanding of the LCV market. These interviews were conducted through telephonic conversations, online surveys and online research.


In the primary research, data is collected using a five-step process. First, the scope of the research topic is identified. Then, the research methodology is developed by carefully selecting sources of information that would provide reliable data. This includes a thorough search of relevant databases, websites and magazines. The research questions are designed to provide qualitative data that would enable an understanding of the overall LCV market. Next, recorded data is cross-checked and validated through interviews with industry experts. Lastly, a comprehensive analysis is conducted to synthesize the data.


Market Research Future (MRFR) has made extensive use of both primary and secondary sources to arrive at a comprehensive understanding of the LCV market. The analytical process includes various types of financial models, such as Porter’s Five Forces model, market trends analysis, correlation and regression analysis technique, and others. MRFR has also conducted sensitivity analyses to ascertain the impact of various assumptions on the final market forecast.


The report covers the LCV market both in terms of value and volume. The market is segmented based on vehicle type, application, regional analysis, and competitive landscape. Further, the regional analysis includes the demand for LCVs in the various regional markets and their future potential.


The competitive landscape is segmented into key market players, their market share and their competitive position in the industry. The competitive landscape also covers the competitive profile of the leading companies and the key strategies used by them in the LCV market.


In-depth primary interviews are conducted to ensure the accuracy of the information. Key market players are selected on the basis of their technical capabilities and product portfolio.


Conclusion


The light commercial vehicles (LCV) market is projected to grow during the forecast period driven by increasing urbanization, technological advancements and growing consumer demand. Environmental considerations and stringent regulations on fuel consumption are likely to foster the growth of this market. This report provides an in-depth analysis of the LCV market by vehicle type, application, and by region. It also includes a detailed competitive landscape of the major players in the LCV market along with their financial analyses.

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