Best Empirical Light Duty Vehicle Market Report with Emerging Trends, Highlights and Challenges Forecast 2019-2026 | Key players: Nissan; ISUZU MOTORS LIMITED; BMW AG; Daimler AG; Fiat Chrysler Automobiles; Ford Motor Company; General Motors

Global Light Duty Vehicle Market By Type (Passenger Car, Van, SUV, Pickup Truck), Fuel Type (Diesel, Gasoline, Hybrid, Electric), Transmission (FWD, RWD, 4WD, AWD), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026.

Global light duty vehicle market is expected to register a substantial CAGR of 8.59% in the forecast period of 2019-2026.

Light duty vehicles are the vehicle category that has undergone the “Worldwide Harmonised Light Vehicle Test” procedure to test the vehicle performance for emission of pollutants, CO2, and measuring the consumption of fuel over a certain distance. This vehicle category is defined in their structure as having “Gross Vehicle Weight Rating” (GVWR) of no more than 8,500 lbs.

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Companies Profiled in this report includes, Nissan; ISUZU MOTORS LIMITED; BMW AG; Daimler AG; Fiat Chrysler Automobiles; Ford Motor Company; General Motors; Honda Motor Co., Ltd.; Hyundai Motor Company; Tata Motors; SUBARU CORPORATION; TOYOTA MOTOR CORPORATION; ASTON MARTIN; Volkswagen AG; Ferrari S.p.A.; AB Volvo; MITSUBISHI MOTORS CORPORATION, Mazda Motor Corporation among others.

The Light Duty Vehicle report makes concentrate on the important aspects of the market such as recent market trends and market conditions. Moreover, the Light Duty Vehicle report also contains all the information including market definition, classifications, key developments, applications, and engagements while detailing about the actions of key players with respect to product launches, joint ventures, developments, mergers and acquisitions and effects of the same in terms of sales, import, export, revenue and CAGR values. This industry analysis report speaks in detail about the manufacturing process, type and applications. The Light Duty Vehicle report consists of drivers and restraints for the market which are obtained with the help of SWOT analysis, along with their impact on the demand over the forecast period.

Market Drivers:

• Growing demand from various consumers regarding light-weight vehicles which can provide higher fuel efficiency; this factor is expected to boost the growth of the market
• High levels of demand for pick-up trucks in the different geographical regions is expected to propel the market growth
• Continued focus of vehicle manufacturers to incorporate their products with various connectivity components to enhance their features providing advanced technological services; this is expected to drive the growth of the market
• Significant expansion of logistics services especially with the boom of e-commerce industry is expected to have a positive impact on the growth of the market

Market Restraints:

• Concerns regarding the lack of spare part availability of these vehicles is expected to hinder the growth of the market
• One of the major factors restraining the growth of light duty vehicles market is the lack of ease in driving pickup trucks, with a majority of these vehicles costing higher maintenance and movement costs

Segmentation: Global Light Duty Vehicle Market

• By Type: Passenger Car, Van, Sports Utility Vehicle (SUV), Pickup Truck

• By Fuel Type: Diesel, Gasoline, Hybrid, Electric

• By Transmission: Front Wheel Drive (FWD), Rear Wheel Drive (RWD), Four-Wheel Drive (4WD), All-Wheel Drive (AWD)

Key Developments in the Market:

• In June 2019, Tata Motors announced the launch of their new generation of business utility vehicles, “ULTRA” that have been produced to meet the unique demands of customers from the light-commercial vehicles range. The company has defined the features of the vehicle range as providing comfort similar to that of an SUV, performance of a full-fledged truck while efficiency of a light-commercial vehicle. The vehicle has the capacity of carrying payloads between 4-11 tonnes having an engine capacity between 85-180 horsepower

• In April 2018, ISUZU MOTORS LIMITED announced the launch of a cab-over lightweight truck for their model “TRAGA” available in the Indonesian market. The upgraded version of the model will be initially available for the Indonesian market and eventually depending on the global demands will be available in the different regions of the world

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In this document, market segmentation is performed in terms of markets covered, geographic scope, years considered for the study, currency and pricing, research methodology, primary interviews with key opinion leaders, DBMR market position grid, DBMR market challenge matrix, secondary sources, and assumptions. For better decisions, more revenue generation, and profitable business, such Light Duty Vehicle market research report is the key. All this data and information is very important to the businesses when it comes to characterize the strategies about the production, marketing, sales, promotion and distribution of the products and services. Light Duty Vehicle report is quite fundamental as competitive era calls for businesses to be equipped with knowhow of the major happenings of the market and ABC industry.

Reasons to purchase this Light Duty Vehicle
premium report:

• This Light Duty Vehicle research report illuminates the market development of a few sorts of items sold by driving organizations.
• It delivers the market Dynamics in which the authors of the report have comprehensively discussed about the key drivers, restraints, challenges, trends and opportunities of the global market
• The investigators composing the report have profoundly surveyed the market capability of key applications and distinguished future opportunities they are relied upon to make in the worldwide market.
• Each provincial market is painstakingly investigated for understanding its present and future development situations.
• Top players of the worldwide market are altogether profiled in the report dependent on their piece of the overall industry, showcase served, items, applications, territorial development, and different variables.

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