Report overview
Light trucks are the trucks or truck-based vehicles which have a payload capacity of less than 4,000 pounds or 1,815 kg. These trucks in the U.S. are known as light-duty trucks and in the European countries similar vehicles are popularly known as light commercial vehicle.
This report contains market size and forecasts of Light Trucks in global, including the following market information:
Global Light Trucks Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Light Trucks Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Light Trucks companies in 2021 (%)
The global Light Trucks market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Light Commercial Vehicles (LCVs) Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Light Trucks include Fiat, Daimler AG, Ford Motor, BMW AG, General Motors, Mitsubishi Motors, Toyota Motor, Tata Motors and Ashok Leyland, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Light Trucks manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Light Trucks Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Light Trucks Market Segment Percentages, by Type, 2021 (%)
Light Commercial Vehicles (LCVs)
Light Buses and Coaches (LBCs)
Global Light Trucks Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Light Trucks Market Segment Percentages, by Application, 2021 (%)
Government Sectors
Industrial Sectors
Commercial Sectors
Global Light Trucks Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Light Trucks Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Light Trucks revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Light Trucks revenues share in global market, 2021 (%)
Key companies Light Trucks sales in global market, 2017-2022 (Estimated), (Units)
Key companies Light Trucks sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Fiat
Daimler AG
Ford Motor
BMW AG
General Motors
Mitsubishi Motors
Toyota Motor
Tata Motors
Ashok Leyland
Honda Motor
Subaru of America
Hyundai Motor Company
Volkswagen AG