DUBLIN--(BUSINESS WIRE)--The "Global Light and Medium Commercial Vehicle Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.


The global light and medium commercial vehicle market is projected to grow at a CAGR of 5.76% during the period 2019-2023. The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market 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.

Key Vendors

  • Daimler
  • Ford Motor
  • Hyundai Motor
  • Toyota Motor
  • Volkswagen

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: CUSTOMER LANDSCAPE

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

PART 08: GEOGRAPHIC LANDSCAPE

  • 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 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Daimler
  • Ford Motor
  • Hyundai Motor
  • Toyota Motor
  • Volkswagen

For more information about this report visit https://www.researchandmarkets.com/research/shwsrb/global_light_and?w=4

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Related Topics: Commercial Vehicles