Light trucks are the trucks or truck-based vehicles which have a payload capacity of less than 4,000 pounds or 1,815 kg. These trucks in the U.S. are known as light-duty trucks and in the European countries similar vehicles are popularly known as light commercial vehicle.
Scope of the Report:This report focuses on the Light Trucks in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The light trucks market is bifurcated into light commercial vehicles (LCVs) and light buses and coaches (LBCs) weighing up to 3.5 tons. Light commercial vehicle holds the major market share followed by light buses and coaches segment.
Light trucks are used in almost all industries. Industrial sector uses it for transportation of raw material and finished goods between their storage facilities and consumers outlets. Government, Industrial and commercial sectors are the major end-user of light trucks. Industrial sector leads the global market followed by government and commercial sector.
North America was the market leader in the global light trucks market accounting for more than half of the total light trucks market. Asia-Pacific followed North America in the sale of light trucks. Asia Pacific region is expected to show highest growth rate in the coming future owing to the developing market in India and China.
The worldwide market for Light Trucks is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2026, from xx million US$ in 2020, according to a new study.
Market Segment by Manufacturers, this report covers Fiat
Daimler AG
Ford Motor
BMW AG
General Motors
Mitsubishi Motors
Toyota Motor
Tata Motors
Ashok Leyland
Honda Motor
Subaru of America
Hyundai Motor Company
Volkswagen AG
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Light Commercial Vehicles (LCVs)
Light Buses and Coaches (LBCs)
Market Segment by Applications, can be divided into Government Sectors
Industrial Sectors
Commercial Sectors
There are 15 Chapters to deeply display the global Light Trucks market.
Chapter 1, to describe Light Trucks Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Light Trucks, with sales, revenue, and price of Light Trucks, in 2018 and 2019;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2018 and 2019;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Light Trucks, for each region, from 2015 to 2020;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2015 to 2020;
Chapter 12, Light Trucks market forecast, by regions, type and application, with sales and revenue, from 2020 to 2026;
Chapter 13, 14 and 15, to describe Light Trucks sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.