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Big Boom in Light Duty Vehicles Market Size Future Scope Demands and Projected Industry Growths to 2027 | Daimler AG,Fiat Chrysler Automobiles N.V.,Ford Motor Company,General Motors Company

05-27-2020 06:33 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Partners

Light Duty Vehicles Market

Light Duty Vehicles Market

The Light Duty Vehicles market to Light Duty Vehicles sheds light on the existing industry landscape and puts forward crucial market drivers and opportunities in the coming years. The Light Duty Vehicles market is anticipated to witness decent growth in the coming years. The report offers an extensive pool of market data covering market sizes, revenue forecasts, value chain, product trends, and price trends that serve as a blueprint for businesses.

Light duty vehicle is a truck or car with Gross Vehicle Weight Rating (GVWR) of less than 8,500 lbs. Some of the prominent trends that the market is witnessing include technological advancement in alternative fuel vehicles, demand for truck rental services, long-range cars to gain share in the light-duty vehicles. The market players are focusing on the launch of light-duty vehicles based on new and innovative platforms. Some of the OEMs, such as Volkswagen, Renault-Nissan, and Daimler, are also working on building common platforms for light-duty vehicles and passenger vehicles as part of the efforts to save on development costs and reduce lead times.

Request a sample copy of this report @ https://bit.ly/3enTFsW

Leading companies profiled in the report include

1. Daimler AG
2. Fiat Chrysler Automobiles N.V.
3. Ford Motor Company
4. General Motors Company
5. Isuzu Motors Ltd.
6. IVECO S.p.A.
7. Jaguar Land Rover
8. Toyota Motor Corporation
9. Volkswagen Group
10. Volvo AB

The demand for light-duty vehicles is anticipated to grow during the forecast period owing to the lower volume of air pollutants it tends to emit. Additionally, the stringent government regulations aimed at reducing vehicular emissions are expected to enhance the adoption of light-duty electric trucks. Governments in various countries have implemented strict rules aimed at arresting the rising levels of vehicular pollution. For instance, the Government of India has implemented the Bharat Stage Emission Standards (BSES), which aims at regulating the output of air pollutants from vehicles. The European Union has also established European emission standards that define the acceptable limits for exhaust emissions.

The report highlights key growth strategies adopted by these players of the Light Duty Vehicles industry, including details such as financial overview, product/ services offered, notable developments, and SWOT analysis.

Market Segmentation:

Based on Vehicle Type:

o Passenger Cars
o Van
o Pickup-Trucks
o Light Commercial vehicle (LCV)

On the basis of Fuel Type:

o Gasoline
o Diesel
o Electric

On the basis of Transmission Type:

o Manual
o Automatic

The report analyzes factors affecting Light Duty Vehicles market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Light Duty Vehicles market in these regions.

To Purchase This Report, click @ https://bit.ly/2zpek0X

Contact Us:

The Insight Partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: https://www.theinsightpartners.com/

About Us:

The Insight Partners is a one-stop industry research provider of actionable intelligence. We help clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Electronics and Semiconductor s, Pharmaceuticals, Chemicals and Materials, Automotive and Transportation, Aerospace and Defense, Electronics and Semiconductors, Technology, Media, and telecommunication, Manufacturing and Construction.

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