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Light Duty Vehicle-Global Market Insights and Sales Trends 2024
Synopsis
A Light Duty Vehicle is a car with a total quality of no more than 4.5t, no more than 9 passengers (including drivers) or a length of no more than 6m.
The global Light Duty Vehicle market size is expected to reach US$ 995700 million by 2029, growing at a CAGR of 6.3% from 2023 to 2029. The market is mainly driven by the significant applications of Light Duty Vehicle in various end use industries. The expanding demands from the Fuel Car and Electric Cars, are propelling Light Duty Vehicle market. Automatic Transmission, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Manual Transmission segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Light Duty Vehicle, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Light Duty Vehicle market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Light Duty Vehicle market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Light Duty Vehicle sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Light Duty Vehicle covered in this report include General Motors, Toyota, Ford, Honda Motors, FCA, Hyundai, Nissan, BMW and Subaru Corporation, etc.
The global Light Duty Vehicle market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
General Motors
Toyota
Ford
Honda Motors
FCA
Hyundai
Nissan
BMW
Subaru Corporation
Daimler
Global Light Duty Vehicle market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Light Duty Vehicle market, Segment by Type:
Automatic Transmission
Manual Transmission
Continuous Variable Transmission
Global Light Duty Vehicle market, by Application
Fuel Car
Electric Cars
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Light Duty Vehicle manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Light Duty Vehicle in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
A Light Duty Vehicle is a car with a total quality of no more than 4.5t, no more than 9 passengers (including drivers) or a length of no more than 6m.
The global Light Duty Vehicle market size is expected to reach US$ 995700 million by 2029, growing at a CAGR of 6.3% from 2023 to 2029. The market is mainly driven by the significant applications of Light Duty Vehicle in various end use industries. The expanding demands from the Fuel Car and Electric Cars, are propelling Light Duty Vehicle market. Automatic Transmission, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Manual Transmission segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Light Duty Vehicle, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Light Duty Vehicle market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Light Duty Vehicle market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Light Duty Vehicle sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Light Duty Vehicle covered in this report include General Motors, Toyota, Ford, Honda Motors, FCA, Hyundai, Nissan, BMW and Subaru Corporation, etc.
The global Light Duty Vehicle market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
General Motors
Toyota
Ford
Honda Motors
FCA
Hyundai
Nissan
BMW
Subaru Corporation
Daimler
Global Light Duty Vehicle market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Light Duty Vehicle market, Segment by Type:
Automatic Transmission
Manual Transmission
Continuous Variable Transmission
Global Light Duty Vehicle market, by Application
Fuel Car
Electric Cars
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Light Duty Vehicle manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Light Duty Vehicle in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Light Duty Vehicle Market Overview
1.1 Light Duty Vehicle Product Overview
1.2 Light Duty Vehicle Market Segment by Type
1.2.1 Automatic Transmission
1.2.2 Manual Transmission
1.2.3 Continuous Variable Transmission
1.3 Global Light Duty Vehicle Market Size by Type
1.3.1 Global Light Duty Vehicle Market Size Overview by Type (2018-2029)
1.3.2 Global Light Duty Vehicle Historic Market Size Review by Type (2018-2023)
1.3.3 Global Light Duty Vehicle Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Light Duty Vehicle Sales Breakdown by Type (2018-2023)
1.4.2 Europe Light Duty Vehicle Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Light Duty Vehicle Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Light Duty Vehicle Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Light Duty Vehicle Sales Breakdown by Type (2018-2023)
2 Global Light Duty Vehicle Market Competition by Company
2.1 Global Top Players by Light Duty Vehicle Sales (2018-2023)
2.2 Global Top Players by Light Duty Vehicle Revenue (2018-2023)
2.3 Global Top Players by Light Duty Vehicle Price (2018-2023)
2.4 Global Top Manufacturers Light Duty Vehicle Manufacturing Base Distribution, Sales Area, Product Type
2.5 Light Duty Vehicle Market Competitive Situation and Trends
2.5.1 Light Duty Vehicle Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Light Duty Vehicle Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Light Duty Vehicle as of 2022)
2.7 Date of Key Manufacturers Enter into Light Duty Vehicle Market
2.8 Key Manufacturers Light Duty Vehicle Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Light Duty Vehicle Status and Outlook by Region
3.1 Global Light Duty Vehicle Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Light Duty Vehicle Historic Market Size by Region
3.2.1 Global Light Duty Vehicle Sales in Volume by Region (2018-2023)
3.2.2 Global Light Duty Vehicle Sales in Value by Region (2018-2023)
3.2.3 Global Light Duty Vehicle Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Light Duty Vehicle Forecasted Market Size by Region
3.3.1 Global Light Duty Vehicle Sales in Volume by Region (2024-2029)
3.3.2 Global Light Duty Vehicle Sales in Value by Region (2024-2029)
3.3.3 Global Light Duty Vehicle Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Light Duty Vehicle by Application
4.1 Light Duty Vehicle Market Segment by Application
4.1.1 Fuel Car
4.1.2 Electric Cars
4.2 Global Light Duty Vehicle Market Size by Application
4.2.1 Global Light Duty Vehicle Market Size Overview by Application (2018-2029)
4.2.2 Global Light Duty Vehicle Historic Market Size Review by Application (2018-2023)
4.2.3 Global Light Duty Vehicle Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Light Duty Vehicle Sales Breakdown by Application (2018-2023)
4.3.2 Europe Light Duty Vehicle Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Light Duty Vehicle Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Light Duty Vehicle Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Light Duty Vehicle Sales Breakdown by Application (2018-2023)
5 North America Light Duty Vehicle by Country
5.1 North America Light Duty Vehicle Historic Market Size by Country
5.1.1 North America Light Duty Vehicle Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Light Duty Vehicle Sales in Volume by Country (2018-2023)
5.1.3 North America Light Duty Vehicle Sales in Value by Country (2018-2023)
5.2 North America Light Duty Vehicle Forecasted Market Size by Country
5.2.1 North America Light Duty Vehicle Sales in Volume by Country (2024-2029)
5.2.2 North America Light Duty Vehicle Sales in Value by Country (2024-2029)
6 Europe Light Duty Vehicle by Country
6.1 Europe Light Duty Vehicle Historic Market Size by Country
6.1.1 Europe Light Duty Vehicle Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Light Duty Vehicle Sales in Volume by Country (2018-2023)
6.1.3 Europe Light Duty Vehicle Sales in Value by Country (2018-2023)
6.2 Europe Light Duty Vehicle Forecasted Market Size by Country
6.2.1 Europe Light Duty Vehicle Sales in Volume by Country (2024-2029)
6.2.2 Europe Light Duty Vehicle Sales in Value by Country (2024-2029)
7 Asia-Pacific Light Duty Vehicle by Region
7.1 Asia-Pacific Light Duty Vehicle Historic Market Size by Region
7.1.1 Asia-Pacific Light Duty Vehicle Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Light Duty Vehicle Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Light Duty Vehicle Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Light Duty Vehicle Forecasted Market Size by Region
7.2.1 Asia-Pacific Light Duty Vehicle Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Light Duty Vehicle Sales in Value by Region (2024-2029)
8 Latin America Light Duty Vehicle by Country
8.1 Latin America Light Duty Vehicle Historic Market Size by Country
8.1.1 Latin America Light Duty Vehicle Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Light Duty Vehicle Sales in Volume by Country (2018-2023)
8.1.3 Latin America Light Duty Vehicle Sales in Value by Country (2018-2023)
8.2 Latin America Light Duty Vehicle Forecasted Market Size by Country
8.2.1 Latin America Light Duty Vehicle Sales in Volume by Country (2024-2029)
8.2.2 Latin America Light Duty Vehicle Sales in Value by Country (2024-2029)
9 Middle East and Africa Light Duty Vehicle by Country
9.1 Middle East and Africa Light Duty Vehicle Historic Market Size by Country
9.1.1 Middle East and Africa Light Duty Vehicle Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Light Duty Vehicle Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Light Duty Vehicle Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Light Duty Vehicle Forecasted Market Size by Country
9.2.1 Middle East and Africa Light Duty Vehicle Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Light Duty Vehicle Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 General Motors
10.1.1 General Motors Company Information
10.1.2 General Motors Introduction and Business Overview
10.1.3 General Motors Light Duty Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.1.4 General Motors Light Duty Vehicle Products Offered
10.1.5 General Motors Recent Development
10.2 Toyota
10.2.1 Toyota Company Information
10.2.2 Toyota Introduction and Business Overview
10.2.3 Toyota Light Duty Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Toyota Light Duty Vehicle Products Offered
10.2.5 Toyota Recent Development
10.3 Ford
10.3.1 Ford Company Information
10.3.2 Ford Introduction and Business Overview
10.3.3 Ford Light Duty Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Ford Light Duty Vehicle Products Offered
10.3.5 Ford Recent Development
10.4 Honda Motors
10.4.1 Honda Motors Company Information
10.4.2 Honda Motors Introduction and Business Overview
10.4.3 Honda Motors Light Duty Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Honda Motors Light Duty Vehicle Products Offered
10.4.5 Honda Motors Recent Development
10.5 FCA
10.5.1 FCA Company Information
10.5.2 FCA Introduction and Business Overview
10.5.3 FCA Light Duty Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.5.4 FCA Light Duty Vehicle Products Offered
10.5.5 FCA Recent Development
10.6 Hyundai
10.6.1 Hyundai Company Information
10.6.2 Hyundai Introduction and Business Overview
10.6.3 Hyundai Light Duty Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Hyundai Light Duty Vehicle Products Offered
10.6.5 Hyundai Recent Development
10.7 Nissan
10.7.1 Nissan Company Information
10.7.2 Nissan Introduction and Business Overview
10.7.3 Nissan Light Duty Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Nissan Light Duty Vehicle Products Offered
10.7.5 Nissan Recent Development
10.8 BMW
10.8.1 BMW Company Information
10.8.2 BMW Introduction and Business Overview
10.8.3 BMW Light Duty Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.8.4 BMW Light Duty Vehicle Products Offered
10.8.5 BMW Recent Development
10.9 Subaru Corporation
10.9.1 Subaru Corporation Company Information
10.9.2 Subaru Corporation Introduction and Business Overview
10.9.3 Subaru Corporation Light Duty Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Subaru Corporation Light Duty Vehicle Products Offered
10.9.5 Subaru Corporation Recent Development
10.10 Daimler
10.10.1 Daimler Company Information
10.10.2 Daimler Introduction and Business Overview
10.10.3 Daimler Light Duty Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Daimler Light Duty Vehicle Products Offered
10.10.5 Daimler Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Light Duty Vehicle Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Light Duty Vehicle Industrial Chain Analysis
11.4 Light Duty Vehicle Market Dynamics
11.4.1 Light Duty Vehicle Industry Trends
11.4.2 Light Duty Vehicle Market Drivers
11.4.3 Light Duty Vehicle Market Challenges
11.4.4 Light Duty Vehicle Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Light Duty Vehicle Distributors
12.3 Light Duty Vehicle Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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