Light Commercial Vehicle Market in Europe 2017-2021


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Technavio

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About Light Commercial Vehicle

Commercial vehicles can be classified into two categories, namely light commercial vehicles (LCVs) and heavy commercial vehicles (HCVs). HCVs include all the vehicles with a gross weight of more than 3.5 tons, while LCVs include all the vehicles with a gross weight less than or equal to 3.5 tons. LCVs are primarily used to carry goods and for transporting people in short distances. These vehicles play a critical role in the final delivery of time-critical goods, high-value goods, and support services.

Technavios analysts forecast the light commercial vehicle market in Europe to grow at a CAGR of 3.57% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the light commercial vehicle market in Europe for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
France
Germany
Turkey
Uk
Others

Technavio's report, Light Commercial Vehicle Market in Europe 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Renault
PSA Group
Ford
Volkswagen
Fiat Chrysler Automobiles (FCA)

Other prominent vendors
Daimler
Toyota
JAC
PACCAR
General Motors
GAZ Group
Hyundai Motor Company
Isuzu Motors
AVTO VAZ
Tata Motors
Nissan

Market driver
Growth in construction industry and ecommerce to drive market demand for LCVs
For a full, detailed list, view our report

Market challenge
Increasing production costs
For a full, detailed list, view our report

Market trend
Innovative promotional activities done for alternative fuel LCVs
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.