The global light commercial vehicle market size was valued at $463.00 billion in 2020, and is projected to reach $786.50 billion by 2030, registering a CAGR of 5.3%.

The outbreak of COVID-19 has resulted in flight cancellations, travel bans, and quarantines, which disrupted the supply chain and halted logistics activities across the world. As a consequence of the COVID-19 outbreak, countries were left with no choice but to temporarily discontinue their trading activities with one another, which adversely impacted the supply of goods, thereby causing a disruption in the supply chain. Moreover, countries across the world have imposed nationwide shutdown of almost all retail outlets for non-essential items, including clothing, electronics, accessories, and automobile.

Light commercial vehicle (LCV) is a motor vehicle with at least four wheels and is used for the carriage of goods. LCVs have a specific mass given in tons (metric tons) and are used to differentiate between the light commercial vehicles and heavy trucks. This limit depends on national and professional definitions and varies between 3.5 and 7 tons. LCVs have a wider application in different industries, and due to this increased application across different industries, the demand for efficient and powerful light commercial vehicles has increased. Numerous companies have introduced their products across different parts of the globe, which has created a positive impact on the growth of the global market.

Factors such as development of the automotive industry, increase in industrial activities, and development of the e-commerce industry accelerate the growth of the global light commercial vehicle (LCV) market across the globe. However, implementation of stringent emission norms and the availability of alternate vehicles are the factors that are expected to hamper the market growth during the forecast period. On the contrary, factors such as increase in government initiatives for promotion of e-mobility and rise in demand for electric trucks from the logistics sector are expected to create a positive impact on the global market during the forecast period.

The global light commercial vehicle (LCV) market report is segmented into vehicle type, propulsion type, application, and region. Depending on vehicle type, the market is segregated into pickup trucks, light trucks, and others. By propulsion type, it is categorized into internal combustion engine (ICE) and electric & hybrid. The applications covered in the study include commercial use and industrial use. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players operating in the global light commercial vehicle (LCV) market include Ashok Leyland, Ford Motor Company, Gaz Group, General Motors, Honda Motor Company, Hyundai Motor Company, Isuzu Motors, Renault Group, Tata Motors, and Toyota Motors.

The automotive industry has registered a significant growth in the recent years, due to technological advancements and the introduction of vehicles with efficient fuel consumption technology. Numerous companies such as Ashok Leyland and Tata Motors have been developing and introducing their advanced commercial vehicles to different markets across the globe, which has supplemented the growth of the global market. For instance, in September 2020, Ashok Leyland planned to introduce a new range of light commercial vehicles (LCVs) through which the company aimed to de-risk business from future downturns.

Moreover, key players have been upgrading their existing light commercial vehicle line-up, which is expected to provide lucrative opportunities for the market. For instance, in February 2021, Nissan unveiled the latest upgrade to its light commercial vehicle line-up, the new NV300 Combi., which includes improved safety and powertrain & engines to provide better performance. Hence, such developments & technological upgradations in the automotive industry supplement the growth of the global light commercial vehicle market during the forecast period.

E-commerce refers to the buying and selling of goods by using internet. Therefore, freight transporters carry out shipping of products from retailers to consumers. In addition, the e-commerce industry utilizes third-party logistics service to manage and oversee the supply chain of e-commerce companies, which allows these companies to focus on marketing and other business operations. These third-party logistic suppliers such as FedEx, XPO Logistics, and DHL utilize several light commercial vehicles to deliver the product to the nearest product delivery station. These companies have a larger fleet of LCVs due to the fact that smaller LCVs are more fuel-efficient as compared to heavy commercial vehicles when commuting within a city. Moreover, due to numerous benefits provided by different vehicle manufacturers to freighttransporters, adoption of efficient light commercial vehicles in e-commerce industry is increasing at a significant rate, thereby driving the growth of the light commercial vehicle market.

Increase in carbon footprint has enforced governments across the globe to implement stringent emission norms, thereby creating a negative impact on the growth of ICE-based light commercial vehicles. In the European Union (EU), LCV CO2 emission targets in 2018 were set at 175g/km. In April 2019, the EU imposed stricter CO2 emission standards on passenger cars and LCV, which came into force in January 2020. According to the new regulation standards (Regulation (EU) No 2019/631), the average CO2 emission target were 147 grams of CO2 per kilometer. The new regulations focused on reducing average CO2 emission by 31% for LCVs by 2030 as compared to 2021. The commission imposed an excess emission premium on the manufacturer of $112.15 for each g/km that is exceeded for all registered LCV if the manufacturer exceeds specific emissions target. Moreover, stringent CO2 emission regulations impacted the manufacturing expenditure; hence, such limitations affected the growth of the light commercial vehicles market across the globe.

Governments across the world are pressurizing vehicle manufacturers to reduce carbon emissions caused by diesel fuel combustion and tackle greenhouse gas emissions, in turn, pushing them to invest in developing electric vehicles. For this purpose, governments are providing incentives with programs and schemes for manufacturing of battery electric vehicles, which, in turn, is anticipated to propel the growth of the electric-based LCV market. In addition, governments across the globe are supporting the purchase of electric mobility, in terms of tax credits and incentives. Moreover, central governments of few countries are providing exemption from the highway toll tax for electric vehicles. For instance, for faster adoption of electric vehicles, the Indian Government plans to lower the goods & service tax (GST) on e-vehicles from 12% to 5%. Moreover, around $2,101.5 tax exemptions will be given on loan taken for the purchase of e-vehicles. In addition, the South Korean Government announced that it will be providing the $900 million tax exemptions and subsidies for development and purchase of electric and fuel cell vehicle. Thus, increase in government support for the development and purchase of electric mobility, in terms of tax credits, subsidies, and incentives, is one of the major factors propelling the demand for electric propelled light commercial vehicles.

• The outbreak of COVID-19 has resulted in flight cancellations, travel bans, and quarantines, which disrupted the supply chain and halted logistics activities across the world.
•  As per the industry experts operating in the global light commercial vehicle industry, the automotive industry encountered a negative growth ranging between 5% and 10% in the first half of 2020 due to several causes such as transportation bans or the disruption in the supply chain.
•  The disruption in the supply chain has been a major impact of the COVID-19 pandemic across the world.
•  As a consequence of the COVID-19 outbreak, countries were left with no choice but to temporarily discontinue their trading activities with one another, which adversely impacted the supply of goods, thereby causing a disruption in the supply chain.
•  Moreover, countries across the world have imposed nationwide shutdown of almost all retail outlets for non-essential items, including clothing, electronics, accessories, and automobile.

• This study presents the analytical depiction of the global light commercial vehicle (LCV) market analysis along with the current trends and future estimations to depict imminent investment pockets.
•  The overall market opportunity is determined by understanding profitable trends to gain a stronger foothold.
•  The report presents information related to the key drivers, restraints, and opportunities of the market with a detailed impact analysis.
•  The current market is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.
•  Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

• Pickup Trucks
• Light Trucks
• Others

•  Internal Combustion Engine (ICE)
•  Electric & Hybrid

•  Commercial Use
•  Industrial Use

•  North America
•  U.S.
•  Canada
•  Mexico
•  Europe
•  UK
•  Germany 
•  France 
•  Italy
•  Spain
•  Rest of Europe
•  Asia-Pacific
•  China
•  Japan 
•  India
•  South Korea
•  Rest of Asia-Pacific
•  LAMEA
•  Latin America
•  Middle East
•  Africa

•  Ashok Leyland
•  Ford Motor Company
•  Gaz Group
•  General Motors
•  Honda Motor Company
•  Hyundai Motor Company
•  Isuzu Motors
•  Renault Group
•  Tata Motors
•  Toyota Motors
• Others

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology

1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings

3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies

3.3. Porter’s five forces analysis

3.3.1. Moderate-to-high bargaining power of suppliers
3.3.2. Low-to-moderate threat of new entrants
3.3.3. Low-to-high threat of substitutes
3.3.4. Moderate-to-high intensity of rivalry
3.3.5. Moderate bargaining power of buyers

3.4. Market share analysis, 2020 (%)
3.5. Market dynamics

3.5.1. Drivers

3.5.1.1. Development of the automotive industry
3.5.1.2. Development of industrial activities
3.5.1.3. Development of the e-commerce industry

3.5.2. Restraints

3.5.2.1. Stringent emission norms
3.5.2.2. Availability of alternate vehicles

3.5.3. Opportunities

3.5.3.1. Increasing government initiatives for promotion of e-mobility
3.5.3.2. Rising demand for electric LCVs from the logistics sector

3.6. Competitive landscape

3.6.1. Competitive dashboard
3.6.2. Competitive heat map

3.7. COVID-19 impact analysis

CHAPTER 4: LIGHT COMMERCIAL VEHICLE (LCV) MARKET, BY VEHICLE TYPE

4.1. Overview
4.2. Pickup truck

4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market size and forecast, by propulsion type
4.2.4. Market analysis by country

4.3. Light trucks

4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market size and forecast, by propulsion type
4.3.4. Market analysis by country

4.4. Others

4.4.1. Key market trends, growth factors and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market size and forecast, by propulsion type
4.4.4. Market analysis by country

CHAPTER 5: LIGHT COMMERCIAL VEHICLE (LCV) MARKET, BY PROPULSION TYPE

5.1. Overview
5.2.ICE vehicle

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market size and forecast, by propulsion type by vehicle type
5.2.4.Market analysis by country

5.3.Electric & hybrid

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market size and forecast, by propulsion type by vehicle type
5.3.4.Market analysis by country
 

CHAPTER 6: LIGHT COMMERCIAL VEHICLE (LCV) MARKET, BY APPLICATION

6.1. Overview
6.2. Commercial use

6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market analysis by country

6.3. Industrial use

6.3.1. Key market trends, growth factors and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market analysis by country

CHAPTER 7: LIGHT COMMERCIAL VEHICLE (LCV) MARKET, BY REGION

7.1.Overview
7.2.North America

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by vehicle type
7.2.3.Market size and forecast, by propulsion type
7.2.4.North America ICE Light Commercial Vehicle (LCV) Market, by vehicle type
7.2.5.North America Electric & Hybrid Light Commercial Vehicle (LCV) Market, by vehicle type
7.2.6.Market size and forecast, by application
7.2.7.Market analysis by country

7.2.7.1.U.S.

7.2.7.1.1.Market size and forecast, by vehicle type
7.2.7.1.2.Market size and forecast, by propulsion type
7.2.7.1.3.Market size and forecast, by application

7.2.7.2.Canada

7.2.7.2.1.Market size and forecast, by vehicle type
7.2.7.2.2.Market size and forecast, by propulsion type
7.2.7.2.3.Market size and forecast, by application

7.2.7.3.Mexico

7.2.7.3.1.Market size and forecast, by vehicle type
7.2.7.3.2.Market size and forecast, by propulsion type
7.2.7.3.3.Market size and forecast, by application

7.3.Europe

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by vehicle type
7.3.3.Market size and forecast, by propulsion type
7.3.4.Europe ICE Light Commercial Vehicle (LCV) Market, by vehicle type
7.3.5.Europe Electric & Hybrid Light Commercial Vehicle (LCV) Market, by vehicle type
7.3.6.Market size and forecast, by application
7.3.7.Market analysis by country

7.3.7.1.UK

7.3.7.1.1.Market size and forecast, by vehicle type
7.3.7.1.2.Market size and forecast, by propulsion type
7.3.7.1.3.Market size and forecast, by application

7.3.7.2.Germany

7.3.7.2.1.Market size and forecast, by vehicle type
7.3.7.2.2.Market size and forecast, by propulsion type
7.3.7.2.3.Market size and forecast, by application

7.3.7.3.France

7.3.7.3.1.Market size and forecast, by vehicle type
7.3.7.3.2.Market size and forecast, by propulsion type
7.3.7.3.3.Market size and forecast, by application

7.3.7.4.Italy

7.3.7.4.1.Market size and forecast, by vehicle type
7.3.7.4.2.Market size and forecast, by propulsion type
7.3.7.4.3.Market size and forecast, by application

7.3.7.5.Spain

7.3.7.5.1.Market size and forecast, by vehicle type
7.3.7.5.2.Market size and forecast, by propulsion type
7.3.7.5.3.Market size and forecast, by application

7.3.7.6.Rest of Europe

7.3.7.6.1.Market size and forecast, by vehicle type
7.3.7.6.2.Market size and forecast, by propulsion type
7.3.7.6.3.Market size and forecast, by application

7.4.Asia-Pacific

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by vehicle type
7.4.3.Market size and forecast, by propulsion type
7.4.4.Asia-Pacific ICE Light Commercial Vehicle (LCV) Market, by vehicle type
7.4.5.Asia-Pacific Electric & Hybrid Light Commercial Vehicle (LCV) Market, by vehicle type
7.4.6.Market size and forecast, by application
7.4.7.Market analysis by country

7.4.7.1.China

7.4.7.1.1.Market size and forecast, by vehicle type
7.4.7.1.2.Market size and forecast, by propulsion type
7.4.7.1.3.Market size and forecast, by application

7.4.7.2.Japan

7.4.7.2.1.Market size and forecast, by vehicle type
7.4.7.2.2.Market size and forecast, by propulsion type
7.4.7.2.3.Market size and forecast, by application

7.4.7.3.India

7.4.7.3.1.Market size and forecast, by vehicle type
7.4.7.3.2.Market size and forecast, by propulsion type
7.4.7.3.3.Market size and forecast, by application

7.4.7.4.South Korea

7.4.7.4.1.Market size and forecast, by vehicle type
7.4.7.4.2.Market size and forecast, by propulsion type
7.4.7.4.3.Market size and forecast, by application

7.4.7.5.Rest of Asia-Pacific

7.4.7.5.1.Market size and forecast, by vehicle type
7.4.7.5.2.Market size and forecast, by propulsion type
7.4.7.5.3.Market size and forecast, by application

7.5.LAMEA

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by vehicle type
7.5.3.Market size and forecast, by propulsion type
7.5.4.LAMEA ICE Light Commercial Vehicle (LCV) Market, by vehicle type
7.5.5.LAMEA Electric & Hybrid Light Commercial Vehicle (LCV) Market, by vehicle type
7.5.6.Market size and forecast, by application
7.5.7.Market analysis by country

7.5.7.1.Latin America

7.5.7.1.1.Market size and forecast, by vehicle type
7.5.7.1.2.Market size and forecast, by propulsion type
7.5.7.1.3.Market size and forecast, by application

7.5.7.2.Middle East

7.5.7.2.1.Market size and forecast, by vehicle type
7.5.7.2.2.Market size and forecast, by propulsion type
7.5.7.2.3.Market size and forecast, by application

7.5.7.3.Africa

7.5.7.3.1.Market size and forecast, by vehicle type
7.5.7.3.2.Market size and forecast, by propulsion type
7.5.7.3.3.Market size and forecast, by application
 

CHAPTER 8: COMPANY PROFILES

8.1. ASHOK LEYLAND

8.1.1. Company overview
8.1.2. Company snapshot
8.1.3. Operating business segments
8.1.4. Product portfolio
8.1.5. Business performance
8.1.6. Key strategic moves and developments

8.2. Ford Motor Company

8.2.1. Company overview
8.2.2. Company snapshot
8.2.3. Operating business segments
8.2.4. Product portfolio
8.2.5. Business performance
8.2.6. Key strategic moves and developments

8.3. GAZ international LLC

8.3.1. Company overview
8.3.2. Company snapshot
8.3.3. Operating business segments
8.3.4. Product portfolio
8.3.5. Key strategic moves and developments

8.4. General Motors

8.4.1. Company overview
8.4.2. Company snapshot
8.4.3. Operating business segments
8.4.4. Product portfolio
8.4.5. Business performance
8.4.6. Key strategic moves and developments

8.5. HONDA MOTOR CO., LTD.

8.5.1. Company overview
8.5.2. Company snapshot
8.5.3. Operating business segments
8.5.4. Product portfolio
8.5.5. Business performance
8.5.6. Key strategic moves and developments

8.6. Hyundai Motor Company

8.6.1. Company overview
8.6.2. Company snapshot
8.6.3. Operating business segments
8.6.4. Product portfolio
8.6.5. Business performance
8.6.6. Key strategic moves and developments

8.7. ISUZU MOTORS LIMITED

8.7.1. Company overview
8.7.2. Company snapshot
8.7.3. Operating business segments
8.7.4. Product portfolio
8.7.5. Business performance

8.8. Renault Group

8.8.1. Company overview
8.8.2. Company snapshot
8.8.3. Product portfolio
8.8.4. Business performance
8.8.5. Key strategic moves and developments

8.9. TATA MOTORS

8.9.1. Company overview
8.9.2. Company snapshot
8.9.3. Operating business segments
8.9.4. Product portfolio
8.9.5. Business performance
8.9.6. Key strategic moves and developments

8.10. TOYOTA MOTOR CORPORATION

8.10.1. Company overview
8.10.2. Company snapshot
8.10.3. Operating business segments
8.10.4. Product portfolio
8.10.5. Business performance
8.10.6. Key strategic moves and developments

Table 01.Production Of Light Commercial Vehicles Across Different Regions

Table 02.Global Light Commercial Vehicle (Lcv) Market, By Vehicle Type, 2020-2030 ($Billion)

Table 03.Global Light Commercial Vehicle (Lcv) Market, 2020-2030 (Million Units)

Table 04.Light Commercial Vehicle (Lcv) Market Revenue For Pickup Trucks, By Region, 2020–2030 ($Billion)

Table 05.Light Commercial Vehicle (Lcv) Market Revenue For Light Trucks, By Region, 2020–2030 ($Billion)

Table 06.Light Commercial Vehicle (Lcv) Market Revenue For Others, By Region, 2020–2030 ($Billion)

Table 07.Global Light Commercial Vehicle (Lcv) Market, By Propulsion Type, 2020-2030 ($Billion)

Table 08.Ice Light Commercial Vehicle (Lcv) Market Revenue, By Region, 2020–2030 ($Billion)

Table 09.Ice Light Commercial Vehicle (Lcv) Market Revenue, By Vehicle Type, 2020–2030 ($Billion)

Table 10.Electric & Hybrid Light Commercial Vehicle (Lcv) Market Revenue , By Region, 2020–2030 ($Billion)

Table 11.Electric & Hybrid Light Commercial Vehicle (Lcv) Market Revenue, By Vehicle Type, 2020–2030 ($Billion)

Table 12.Global Light Commercial Vehicle (Lcv) Market, By Application, 2020-2030 ($Billion)

Table 13.Light Commercial Vehicle (Lcv) Market Revenue For Commercial Use, By Region, 2020–2030 ($Billion)

Table 14.Light Commercial Vehicle (Lcv) Market Revenue For Industrial Use, By Region, 2020–2030 ($Billion)

Table 15.North America Light Commercial Vehicle (Lcv) Market, By Vehicle Type, 2020–2030 ($Billion)

Table 16.North America Light Commercial Vehicle (Lcv) Market, By Propulsion Type, 2020–2030 ($Billion)

Table 17.North America Ice Light Commercial Vehicle (Lcv) Market, By Vehicle Type, 2020–2030 ($Billion)

Table 18.North America Electric & Hybrid Light Commercial Vehicle (Lcv) Market, By Vehicle Type, 2020–2030 ($Billion)

Table 19.North America Light Commercial Vehicle (Lcv) Market, By Application, 2020–2030 ($Billion)

Table 20.U.S. Light Commercial Vehicle (Lcv) Market, By Vehicle Type, 2020–2030 ($Billion)

Table 21.U.S. Light Commercial Vehicle (Lcv) Market, By Propulsion Type, 2020–2030 ($Billion)

Table 22.U.S. Light Commercial Vehicle (Lcv) Market, By Application, 2020–2030 ($Billion)

Table 23.Canada Light Commercial Vehicle (Lcv) Market, By Vehicle Type, 2020–2030 ($Billion)

Table 24.Canada Light Commercial Vehicle (Lcv) Market, By Propulsion Type, 2020–2030 ($Billion)

Table 25.Canada Light Commercial Vehicle (Lcv) Market, By Application, 2020–2030 ($Billion)

Table 26.Mexico Light Commercial Vehicle (Lcv) Market, By Vehicle Type, 2020–2030 ($Billion)

Table 27.Mexico Light Commercial Vehicle (Lcv) Market, By Propulsion Type, 2020–2030 ($Billion)

Table 28.Mexico Light Commercial Vehicle (Lcv) Market, By Application, 2020–2030 ($Billion)

Table 29.Europe Light Commercial Vehicle (Lcv) Market, By Vehicle Type, 2020–2030 ($Billion)

Table 30.Europe Light Commercial Vehicle (Lcv) Market, By Propulsion Type, 2020–2030 ($Billion)

Table 31.Europe Ice Light Commercial Vehicle (Lcv) Market, By Vehicle Type, 2020–2030 ($Billion)

Table 32.Europe Electric & Hybrid Light Commercial Vehicle (Lcv) Market, By Vehicle Type, 2020–2030 ($Billion)

Table 33.Europe Light Commercial Vehicle (Lcv) Market, By Application, 2020–2030 ($Billion)

Table 34.Uk Light Commercial Vehicle (Lcv) Market, By Vehicle Type, 2020–2030 ($Billion)

Table 35.Uk Light Commercial Vehicle (Lcv) Market, By Propulsion Type, 2020–2030 ($Billion)

Table 36.Uk Light Commercial Vehicle (Lcv) Market, By Application, 2020–2030 ($Billion)

Table 37.Germany Light Commercial Vehicle (Lcv) Market, By Vehicle Type, 2020–2030 ($Billion)

Table 38.Germany Light Commercial Vehicle (Lcv) Market, By Propulsion Type, 2020–2030 ($Billion)

Table 39.Germany Light Commercial Vehicle (Lcv) Market, By Application, 2020–2030 ($Billion)

Table 40.France Light Commercial Vehicle (Lcv) Market, By Vehicle Type, 2020–2030 ($Billion)

Table 41.France Light Commercial Vehicle (Lcv) Market, By Propulsion Type, 2020–2030 ($Billion)

Table 42.France Light Commercial Vehicle (Lcv) Market, By Application, 2020–2030 ($Billion)

Table 43.Italy Light Commercial Vehicle (Lcv) Market, By Vehicle Type, 2020–2030 ($Billion)

Table 44.Italy Light Commercial Vehicle (Lcv) Market, By Propulsion Type, 2020–2030 ($Billion)

Table 45.Italy Light Commercial Vehicle (Lcv) Market, By Application, 2020–2030 ($Billion)

Table 46.Spain Light Commercial Vehicle (Lcv) Market, By Vehicle Type, 2020–2030 ($Billion)

Table 47.Spain Light Commercial Vehicle (Lcv) Market, By Propulsion Type, 2020–2030 ($Billion)

Table 48.Spain Light Commercial Vehicle (Lcv) Market, By Application, 2020–2030 ($Billion)

Table 49.Rest Of Europe Light Commercial Vehicle (Lcv) Market, By Vehicle Type, 2020–2030 ($Billion)

Table 50.Rest Of Europe Light Commercial Vehicle (Lcv) Market, By Propulsion Type, 2020–2030 ($Billion)

Table 51.Rest Of Europe Light Commercial Vehicle (Lcv) Market, By Application, 2020–2030 ($Billion)

Table 52.Asia-pacific Light Commercial Vehicle (Lcv) Market, By Vehicle Type, 2020–2030 ($Billion)

Table 53.Asia-pacific Light Commercial Vehicle (Lcv) Market, By Propulsion Type, 2020–2030 ($Billion)

Table 54.Asia-pacific Ice Light Commercial Vehicle (Lcv) Market, By Vehicle Type, 2020–2030 ($Billion)

Table 55.Asia-pacific Electric & Hybrid Light Commercial Vehicle (Lcv) Market, By Vehicle Type, 2020–2030 ($Billion)

Table 56.Asia-pacific Light Commercial Vehicle (Lcv) Market, By Application, 2020–2030 ($Billion)

Table 57.China Light Commercial Vehicle (Lcv) Market, By Vehicle Type, 2020–2030 ($Billion)

Table 58.China Light Commercial Vehicle (Lcv) Market, By Propulsion Type, 2020–2030 ($Billion)

Table 59.China Light Commercial Vehicle (Lcv) Market, By Application, 2020–2030 ($Billion)

Table 60.Japan Light Commercial Vehicle (Lcv) Market, By Vehicle Type, 2020–2030 ($Billion)

Table 61.Japan Light Commercial Vehicle (Lcv) Market, By Propulsion Type, 2020–2030 ($Billion)

Table 62.Japan Light Commercial Vehicle (Lcv) Market, By Application, 2020–2030 ($Billion)

Table 63.India Light Commercial Vehicle (Lcv) Market, By Vehicle Type, 2020–2030 ($Billion)

Table 64.India Light Commercial Vehicle (Lcv) Market, By Propulsion Type, 2020–2030 ($Billion)

Table 65.India Light Commercial Vehicle (Lcv) Market, By Application, 2020–2030 ($Billion)

Table 66.South Korea Light Commercial Vehicle (Lcv) Market, By Vehicle Type, 2020–2030 ($Billion)

Table 67.South Korea Light Commercial Vehicle (Lcv) Market, By Propulsion Type, 2020–2030 ($Billion)

Table 68.South Korea Light Commercial Vehicle (Lcv) Market, By Application, 2020–2030 ($Billion)

Table 69.Rest Of Asia-pacific Light Commercial Vehicle (Lcv) Market, By Vehicle Type, 2020–2030 ($Billion)

Table 70.Rest Of Asia-pacific Light Commercial Vehicle (Lcv) Market, By Propulsion Type, 2020–2030 ($Billion)

Table 71.Rest Of Asia-pacific Light Commercial Vehicle (Lcv) Market, By Application, 2020–2030 ($Billion)

Table 72.Lamea Light Commercial Vehicle (Lcv) Market, By Vehicle Type, 2020–2030 ($Billion)

Table 73.Lamea Light Commercial Vehicle (Lcv) Market, By Propulsion Type, 2020–2030 ($Billion)

Table 74.Lamea Ice Light Commercial Vehicle (Lcv) Market, By Vehicle Type, 2020–2030 ($Billion)

Table 75.Lamea Electric & Hybrid Light Commercial Vehicle (Lcv) Market, By Vehicle Type, 2020–2030 ($Billion)

Table 76.Lamea Light Commercial Vehicle (Lcv) Market, By Application, 2020–2030 ($Billion)

Table 77.Latin America Light Commercial Vehicle (Lcv) Market, By Vehicle Type, 2020–2030 ($Billion)

Table 78.Latin America Light Commercial Vehicle (Lcv) Market, By Propulsion Type, 2020–2030 ($Billion)

Table 79.Latin America Light Commercial Vehicle (Lcv) Market, By Application, 2020–2030 ($Billion)

Table 80.Middle East Light Commercial Vehicle (Lcv) Market, By Vehicle Type, 2020–2030 ($Billion)

Table 81.Middle East Light Commercial Vehicle (Lcv) Market, By Propulsion Type, 2020–2030 ($Billion)

Table 82.Middle East Light Commercial Vehicle (Lcv) Market, By Application, 2020–2030 ($Billion)

Table 83.Africa Light Commercial Vehicle (Lcv) Market, By Vehicle Type, 2020–2030 ($Billion)

Table 84.Africa Light Commercial Vehicle (Lcv) Market, By Propulsion Type, 2020–2030 ($Billion)

Table 85.Africa Light Commercial Vehicle (Lcv) Market, By Application, 2020–2030 ($Billion)

Table 86.Ashok Leyland: Company Snapshot

Table 87.Ashok Leyland: Operating Segments

Table 88.Ashok Leyland: Product Portfolio

Table 89.Ashok Leyland: Key Strategic Moves And Developments

Table 90.Ford Motor Company: Company Snapshot

Table 91.Ford Motor Company: Operating Segments

Table 92.Ford Motor Company: Product Portfolio

Table 93.Ford Motor Company: Key Strategic Moves And Developments

Table 94.Gaz International Llc: Company Snapshot

Table 95.Gaz International Llc: Operating Segments

Table 96.Gaz International Llc: Product Portfolio

Table 97.Gaz International Llc: Key Strategic Moves And Developments

Table 98.General Motors: Company Snapshot

Table 99.General Motors: Operating Segments

Table 100.General Motors: Product Portfolio

Table 101.General Motors: Key Strategic Moves And Developments

Table 102.Honda Motor Co., Ltd.: Company Snapshot

Table 103.Honda Motor Co., Ltd.: Operating Segments

Table 104.: Product Portfolio

Table 105.Honda Motor Co., Ltd.: Key Strategic Moves And Developments

Table 106.Hyundai Motor Company: Company Snapshot

Table 107.Hyundai Motor Company: Operating Segments

Table 108.Hyundai Motor Company: Product Portfolio

Table 109.Hyundai Motor Company: Key Strategic Moves And Developments

Table 110.Isuzu Motors Limited: Company Snapshot

Table 111.Isuzu Motors Limited: Operating Segments

Table 112.Isuzu Motors Limited: Product Portfolio

Table 113.Renault Group: Company Snapshot

Table 114.Renault Group: Product Portfolio

Table 115.Renault Group: Key Strategic Moves And Developments

Table 116.Tata Motors: Company Snapshot

Table 117.Tata Motors: Operating Segments

Table 118.Tata Motors: Product Portfolio

Table 119.Tata Motors: Key Strategic Moves And Developments

Table 120.Toyota: Company Snapshot

Table 121.Toyota: Operating Segments

Table 122.Toyota: Product Portfolio

List Of Figures

Figure 01.Key Market Segments

Figure 02.Global Light Commercial Vehicle (Lcv) Market Snapshot, By Segmentation, 2021–2030

Figure 03.Light Commercial Vehicle (Lcv) Market Snapshot, By Region, 2021–2030

Figure 04.Top Impacting Factors

Figure 05.Top Investment Pockets

Figure 06.Top Winning Strategies, By Year, 2018-2021*

Figure 07.Top Winning Strategies, By Development, 2018-2021*

Figure 08.Top Winning Strategies, By Company, 2018-2021*

Figure 09.Market Share Analysis, 2020 (%)

Figure 10.Competitive Dashboard Of Top 10 Key Players (1/2)

Figure 11.Competitive Dashboard Of Top 10 Key Players (2/2)

Figure 12.Competitive Heatmap Of Top 10 Key Players

Figure 13.Global Light Commercial Vehicle (Lcv) Market, By Vehicle Type, 2020-2030

Figure 14.Comparative Share Analysis Of Light Commercial Vehicle (Lcv) Market For Pickup Trucks,  By Country, 2020 & 2030 ($Billion)

Figure 15.Comparative Share Analysis Of Light Commercial Vehicle (Lcv) Market For Light Trucks,  By Country, 2020 & 2030 ($Billion)

Figure 16.Comparative Share Analysis Of Light Commercial Vehicle (Lcv) Market For Others, By Country, 2020 & 2030 ($Billion)

Figure 17.Global Light Commercial Vehicle (Lcv) Market, By Propulsion Type, 2020-2030

Figure 18.Comparative Share Analysis Of Ice Light Commercial Vehicle (Lcv) Market, By Country, 2020 & 2030 ($Billion)

Figure 19.Comparative Share Analysis Of Electric & Hybrid Light Commercial Vehicle (Lcv) Market,  By Country, 2020 & 2030 ($Billion)

Figure 20.Global Light Commercial Vehicle (Lcv) Market, By Application, 2020-2030

Figure 21.Comparative Share Analysis Of Light Commercial Vehicle (Lcv) Market For Commercial Use,  By Country, 2020 & 2030 ($Billion)

Figure 22.Comparative Share Analysis Of Light Commercial Vehicle (Lcv) Market For Industrial Use,  By Country, 2020 & 2030 ($Billion)

Figure 23.Light Commercial Vehicle (Lcv) Market, By Region, 2020-2030 (%)

Figure 24.Comparative Share Analysis Of Light Commercial Vehicle (Lcv) Market, By Country, 2020–2030 (%)

Figure 25.U.S. Light Commercial Vehicle (Lcv) Market, 2020–2030 ($Billion)

Figure 26.Canada Light Commercial Vehicle (Lcv) Market, 2020–2030 ($Billion)

Figure 27.Mexico Light Commercial Vehicle (Lcv) Market, 2020–2030 ($Billion)

Figure 28.Comparative Share Analysis Of Light Commercial Vehicle (Lcv) Market, By Country, 2020–2030 (%)

Figure 29.Uk Light Commercial Vehicle (Lcv) Market, 2020–2030 ($Billion)

Figure 30.Germany Light Commercial Vehicle (Lcv) Market, 2020–2030 ($Billion)

Figure 31.France Light Commercial Vehicle (Lcv) Market, 2020–2030 ($Billion)

Figure 32.Italy Light Commercial Vehicle (Lcv) Market, 2020–2030 ($Billion)

Figure 33.Spain Light Commercial Vehicle (Lcv) Market, 2020–2030 ($Billion)

Figure 34.Rest Of Europe Light Commercial Vehicle (Lcv) Market, 2020–2030 ($Billion)

Figure 35.Comparative Share Analysis Of Light Commercial Vehicle (Lcv) Market, By Country, 2020–2030 (%)

Figure 36.China Light Commercial Vehicle (Lcv) Market, 2020–2030 ($Billion)

Figure 37.Japan Light Commercial Vehicle (Lcv) Market, 2020–2030 ($Billion)

Figure 38.India Light Commercial Vehicle (Lcv) Market, 2020–2030 ($Billion)

Figure 39.South Korea Light Commercial Vehicle (Lcv) Market, 2020–2030 ($Billion)

Figure 40.Rest Of Asia-pacific Light Commercial Vehicle (Lcv) Market, 2020–2030 ($Billion)

Figure 41.Comparative Share Analysis Of Light Commercial Vehicle (Lcv) Market, By Country, 2020–2030 (%)

Figure 42.Latin America Light Commercial Vehicle (Lcv) Market, 2020–2030 ($Billion)

Figure 43.Middle East Light Commercial Vehicle (Lcv) Market, 2020–2030 ($Billion)

Figure 44.Africa Light Commercial Vehicle (Lcv) Market, 2020–2030 ($Billion)

Figure 45.Ashok Leyland: Net Sales, 2018–2020 ($Million)

Figure 46.Ashok Leyland: Revenue Share By Segment, 2020 (%)

Figure 47.Ford Motor Company: Net Sales, 2018–2020 ($Million)

Figure 48.Ford Motor Company: Revenue Share By Segment, 2020 (%)

Figure 49.Ford Motor Company: Revenue Share By Region, 2020 (%)

Figure 50.General Motors: Net Sales, 2018–2020 ($Million)

Figure 51.General Motors: Revenue Share By Segment, 2020 (%)

Figure 52.Honda Motor Co., Ltd.: Net Sales, 2018–2020 ($Million)

Figure 53.Honda Motor Co., Ltd.: Revenue Share By Segment, 2020 (%)

Figure 54.Honda Motor Co., Ltd.: Revenue Share By Region, 2020 (%)

Figure 55.Hyundai Motor Company: Net Sales, 2018–2020 ($Million)

Figure 56.Hyundai Motor Company: Revenue Share By Segment, 2020 (%)

Figure 57.Hyundai Motor Company: Revenue Share By Region, 2020 (%)

Figure 58.Isuzu Motors Limited: Net Sales, 2018–2020 ($Million)

Figure 59.Isuzu Motors Limited: Revenue Share By Segment, 2020 (%)

Figure 60.Isuzu Motors Limited: Revenue Share By Region, 2020 (%)

Figure 61.Renault Group: Net Sales, 2018–2020 ($Million)

Figure 62.Renault Group: Revenue Share By Segment, 2020 (%)

Figure 63.Renault Group: Revenue Share By Region, 2020 (%)

Figure 64.Tata Motors: Net Sales, 2018–2020 ($Million)

Figure 65.Tata Motors: Revenue Share By Region, 2018 (%)

Figure 66.Toyota: Net Sales, 2018–2020 ($Million)

Figure 67.Toyota: Revenue Share By Segment, 2020 (%)

Figure 68.Toyota: Revenue Share By Region, 2020 (%)