Light Commercial Vehicle Market in Europe 2024-2028

Description

List of Tables

The light commercial vehicle market in europe is forecasted to grow by USD 23.6 bn during 2023-2028, accelerating at a CAGR of 6.8% during the forecast period. The report on the light commercial vehicle market in europe provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased utility of pickup trucks, rising penetration of downsized engines in light commercial vehicles to drive vehicle price, and increasing penetration of advanced driver assistance features in light commercial vehicles.

Technavio's light commercial vehicle market in europe is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	6.27%
CAGR	6.8%
Incremental Value	$23.6 bn

By Type

Conventional fuel vehicles
Alternative fuel vehicles

By Vehicle Type

Light commercial pick-up trucks
Light commercial vans

By Geographical Landscape

Europe

This study identifies the integration of telematics systems in light commercial vehicles as one of the prime reasons driving the light commercial vehicle market in europe growth during the next few years. Also, increasing demand for light commercial vehicles in construction industry and electric light commercial vehicles for facilitating last-mile connectivity will lead to sizable demand in the market.

The report on the light commercial vehicle market in europe covers the following areas:

Light Commercial Vehicle Market in Europe sizing
Light Commercial Vehicle Market in Europe forecast
Light Commercial Vehicle Market in Europe industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading light commercial vehicle market in europe vendors that include Ford Motor Co., GAZ International LLC, General Motors Co., Hyundai Motor Co., Isuzu Motors Ltd., Iveco Group N.V, Mercedes Benz Group AG, Mitsubishi Motors Corp., PACCAR Inc., Renault SAS, Robert Bosch GmbH, Stellantis NV, Suzuki Motor Corp., Tesla Inc., Toyota Motor Corp., Volkswagen AG, and Volvo Car Corp.. Also, the light commercial vehicle market in europe analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR76450

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Country Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by Vehicle Type
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Data Table on Regional - Market size and forecast 2023-2028 ($ billion)
- Chart on Europe: Year-over-year growth 2023-2028 (%)
- Data Table on Regional - Market size and forecast 2023-2028 ($ billion)

4 Historic Market Size

4.1 Light Commercial Vehicle Market in Europe 2018 - 2022
- Historic Market Size - Data Table on Light Commercial Vehicle Market in Europe 2018 - 2022 ($ billion)
4.2 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ billion)
4.3 Vehicle Type segment analysis 2018 - 2022
- Historic Market Size - Vehicle Type Segment 2018 - 2022 ($ billion)
4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Type

6.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
6.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
6.3 Conventional fuel vehicles - Market size and forecast 2023-2028
- Chart on Conventional fuel vehicles - Market size and forecast 2023-2028 ($ billion)
- Data Table on Conventional fuel vehicles - Market size and forecast 2023-2028 ($ billion)
- Chart on Conventional fuel vehicles - Year-over-year growth 2023-2028 (%)
- Data Table on Conventional fuel vehicles - Year-over-year growth 2023-2028 (%)
6.4 Alternative fuel vehicles - Market size and forecast 2023-2028
- Chart on Alternative fuel vehicles - Market size and forecast 2023-2028 ($ billion)
- Data Table on Alternative fuel vehicles - Market size and forecast 2023-2028 ($ billion)
- Chart on Alternative fuel vehicles - Year-over-year growth 2023-2028 (%)
- Data Table on Alternative fuel vehicles - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Type
- Market opportunity by Type ($ billion)
- Data Table on Market opportunity by Type ($ billion)

7 Market Segmentation by Vehicle Type

7.1 Market segments
- Chart on Vehicle Type - Market share 2023-2028 (%)
- Data Table on Vehicle Type - Market share 2023-2028 (%)
7.2 Comparison by Vehicle Type
- Chart on Comparison by Vehicle Type
- Data Table on Comparison by Vehicle Type
7.3 Light commercial pick-up trucks - Market size and forecast 2023-2028
- Chart on Light commercial pick-up trucks - Market size and forecast 2023-2028 ($ billion)
- Data Table on Light commercial pick-up trucks - Market size and forecast 2023-2028 ($ billion)
- Chart on Light commercial pick-up trucks - Year-over-year growth 2023-2028 (%)
- Data Table on Light commercial pick-up trucks - Year-over-year growth 2023-2028 (%)
7.4 Light commercial vans - Market size and forecast 2023-2028
- Chart on Light commercial vans - Market size and forecast 2023-2028 ($ billion)
- Data Table on Light commercial vans - Market size and forecast 2023-2028 ($ billion)
- Chart on Light commercial vans - Year-over-year growth 2023-2028 (%)
- Data Table on Light commercial vans - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Vehicle Type
- Market opportunity by Vehicle Type ($ billion)
- Data Table on Market opportunity by Vehicle Type ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape - 2023-2028 (%)
- Data Table on Market share By Geographical Landscape - 2023-2028 (%)
9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
9.3 France - Market size and forecast 2023-2028
- Chart on France - Market size and forecast 2023-2028 ($ billion)
- Data Table on France - Market size and forecast 2023-2028 ($ billion)
- Chart on France - Year-over-year growth 2023-2028 (%)
- Data Table on France - Year-over-year growth 2023-2028 (%)
9.4 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ billion)
- Data Table on UK - Market size and forecast 2023-2028 ($ billion)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)
9.5 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ billion)
- Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.6 Spain - Market size and forecast 2023-2028
- Chart on Spain - Market size and forecast 2023-2028 ($ billion)
- Data Table on Spain - Market size and forecast 2023-2028 ($ billion)
- Chart on Spain - Year-over-year growth 2023-2028 (%)
- Data Table on Spain - Year-over-year growth 2023-2028 (%)
9.7 Rest of Europe - Market size and forecast 2023-2028
- Chart on Rest of Europe - Market size and forecast 2023-2028 ($ billion)
- Data Table on Rest of Europe - Market size and forecast 2023-2028 ($ billion)
- Chart on Rest of Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Rest of Europe - Year-over-year growth 2023-2028 (%)
9.8 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ billion)
- Data Table on Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview
11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
- Overview on factors of disruption
11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered
12.2 Market positioning of companies
- Matrix on companies position and classification
12.3 Ford Motor Co.
- Ford Motor Co. - Overview
- Ford Motor Co. - Business segments
- Ford Motor Co. - Key news
- Ford Motor Co. - Key offerings
- Ford Motor Co. - Segment focus
12.4 General Motors Co.
- General Motors Co. - Overview
- General Motors Co. - Business segments
- General Motors Co. - Key news
- General Motors Co. - Key offerings
- General Motors Co. - Segment focus
12.5 Hyundai Motor Co.
- Hyundai Motor Co. - Overview
- Hyundai Motor Co. - Business segments
- Hyundai Motor Co. - Key news
- Hyundai Motor Co. - Key offerings
- Hyundai Motor Co. - Segment focus
12.6 Isuzu Motors Ltd.
- Isuzu Motors Ltd. - Overview
- Isuzu Motors Ltd. - Product / Service
- Isuzu Motors Ltd. - Key news
- Isuzu Motors Ltd. - Key offerings
12.7 Iveco Group N.V
- Iveco Group N.V - Overview
- Iveco Group N.V - Business segments
- Iveco Group N.V - Key offerings
- Iveco Group N.V - Segment focus
12.8 Mercedes Benz Group AG
- Mercedes Benz Group AG - Overview
- Mercedes Benz Group AG - Business segments
- Mercedes Benz Group AG - Key news
- Mercedes Benz Group AG - Key offerings
- Mercedes Benz Group AG - Segment focus
12.9 Mitsubishi Motors Corp.
- Mitsubishi Motors Corp. - Overview
- Mitsubishi Motors Corp. - Business segments
- Mitsubishi Motors Corp. - Key offerings
- Mitsubishi Motors Corp. - Segment focus
12.10 PACCAR Inc.
- PACCAR Inc. - Overview
- PACCAR Inc. - Business segments
- PACCAR Inc. - Key news
- PACCAR Inc. - Key offerings
- PACCAR Inc. - Segment focus
12.11 Renault SAS
- Renault SAS - Overview
- Renault SAS - Product / Service
- Renault SAS - Key news
- Renault SAS - Key offerings
12.12 Robert Bosch GmbH
- Robert Bosch GmbH - Overview
- Robert Bosch GmbH - Product / Service
- Robert Bosch GmbH - Key news
- Robert Bosch GmbH - Key offerings
12.13 Stellantis NV
- Stellantis NV - Overview
- Stellantis NV - Business segments
- Stellantis NV - Key news
- Stellantis NV - Key offerings
- Stellantis NV - Segment focus
12.14 Tesla Inc.
- Tesla Inc. - Overview
- Tesla Inc. - Business segments
- Tesla Inc. - Key news
- Tesla Inc. - Key offerings
- Tesla Inc. - Segment focus
12.15 Toyota Motor Corp.
- Toyota Motor Corp. - Overview
- Toyota Motor Corp. - Business segments
- Toyota Motor Corp. - Key news
- Toyota Motor Corp. - Key offerings
- Toyota Motor Corp. - Segment focus
12.16 Volkswagen AG
- Volkswagen AG - Overview
- Volkswagen AG - Business segments
- Volkswagen AG - Key news
- Volkswagen AG - Key offerings
- Volkswagen AG - Segment focus
12.17 Volvo Car Corp.
- Volvo Car Corp. - Overview
- Volvo Car Corp. - Product / Service
- Volvo Car Corp. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
13.3 Currency conversion rates for US$
- Currency conversion rates for US$
13.4 Research methodology
- Research methodology
13.5 Data procurement
- Information sources
13.6 Data validation
- Data validation
13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
13.8 Data synthesis
- Data synthesis
13.9 360 degree market analysis
- 360 degree market analysis
13.10 List of abbreviations
- List of abbreviations