Global Light Commercial Vehicle Market By Vehicle Type (Passenger Van, Cargo Van, Pickup Truck, Mini Truck & Minibus), By Tonnage Capacity (Below 2.5-3.5 Tons, 3.5-6 Tons), By Fuel Type (Diesel, Petrol, Others), By Region, Competition, Forecast & Opportunities, 2026

  • Industry : Automotive
  • Pages : 110
  • Published Date : April, 2021
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Summary

Report Description

Global light commercial vehicle market is expected to grow from 11.83 million units in 2020 to 16.03 million units by 2026 on account of easy availability of vehicle financing schemes, surge in the number of infrastructural projects and booming logistics and E-commerce sector. Sales of light commercial vehicles worldwide grew from 12.73 million units in 2016 to 13.53 million units in 2019. Due to COVID-19, sales of light commercial vehicle plummeted; however, the market is estimated to bounce back and reach 16.03 million units by 2026. Until 2019, light commercial vehicles accounted for 75% of the global commercial vehicle sales and increased demand for last mile connectivity is forecast the drive the global light commercial vehicle market through 2026.

Light commercial vehicles are generally used for the transportation of goods and services. Global light commercial vehicle market can be segmented based on vehicle type, tonnage capacity, fuel type and region. On the basis of vehicle type, the market can be classified into passenger van, cargo van, pickup truck, mini truck and minibus. Vans and pickup trucks are the major segments in light commercial vehicle market as they have more space for seating. Based on tonnage capacity, the market can be segmented into less than 2.5-3.5 tons and 3.5-6 tons. Less than 2.5-3.5 tons accounted for the majority share in 2020 on account of presence of large number of vehicles in this segment. Moreover, light commercial vehicles under this segment are economically priced, thus contributing to the high sales of vehicles in 2020.

Regionally, the market for light commercial vehicles is gaining traction and expanding to various regions including Asia-Pacific, Europe & CIS, North America, South America, and Middle East & Africa. North America, followed by Asia Pacific, dominates global light commercial vehicle market and the region is expected to witness extensive adoption of light commercial vehicles during forecast period as well owing to continued investments in road infrastructure projects, increasing financing options and rising focus of government towards automotive industry.

Major players operating in global light commercial vehicle market are Ford Motor Company, Renault S.A., Toyota Motor Corporation, General Motors Company, Mahindra Group, Tata Motors Ltd., Ram Trucks, Daimler AG, SAIC Motor Corporation Limited (Liuzhou Wuling Automobile Industry Co., Ltd.), Volkswagen AG. Key players are developing advanced technologies and launching new products to stay competitive in the market. Other competitive strategies include mergers and acquisition and new product developments. Players operating in the market are improving R&D capabilities while enhancing operational efficiency to register positive growth.

Years considered for this report:

Historical Period: 2016-2019

Base Year: 2020

Estimated Year: 2021

Forecast Period: 2021–2026.

Objective of the Study:

  • To analyze historical growth in market size of global light commercial vehicle market from 2016 to 2020.
  • To estimate and forecast the market size of global light commercial vehicle market from 2021 to 2026 and growth rate until 2026.
  • To identify dominant region or segment in the global light commercial vehicle market.
  • To identify drivers and challenges for global light commercial vehicle market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global light commercial vehicle market.
  • To conduct pricing analysis for global light commercial vehicle market.
  • To identify and analyze the profile of leading players operating in global light commercial vehicle market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service offerings, distribution channels and presence of all major manufacturers across the globe.

TechSci Research calculated the market size of global light commercial vehicle market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated them through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Original equipment manufacturers, suppliers and other stakeholders
  • Research organizations and consulting companies
  • Government bodies such as regulating authorities and policy makers.
  • Organizations, forums and alliances related to light commercial vehicles.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, global light commercial vehicle market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Global Light Commercial Vehicle Market, By Vehicle Type:
    • Passenger Van
    • Cargo Van
    • Pickup Truck
    • Mini Truck & Minibus
  • Global Light Commercial Vehicle Market, By Tonnage Capacity:
    • Below 2.5-3.5 tons
    • 3.5-6 tons
  • Global Light Commercial Vehicle Market, By Fuel Type:
    • Diesel
    • Petrol
    • Others
  • Global Light Commercial Vehicle Market, By Region:
    • Asia-Pacific
      • China
      • India 
      • Japan
      • Thailand
      • South Korea
    • Europe & CIS
      • Germany
      • United Kingdom
      • France
      • Spain
      • Italy
      • Turkey
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • Iran
      • UAE

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Table of content

1.     Product Overview

2.      Research Methodology

3.      Impact of COVID-19 on Global Light Commercial Vehicle Market

4.      Voice of Customer

4.1.   Factors Influencing Purchase Decision

4.2.   Brand Awareness

4.3.   Challenges Faced Post Purchasing

5.     Executive Summary

6.      Global Light Commercial Vehicle Market Outlook

6.1.     Market Size & Forecast

6.1.1. By Volume

6.2.     Market Share & Forecast

6.2.1. By Vehicle Type (Passenger Van, Cargo Van, Pickup Truck, Mini Truck and Minibus)

6.2.2. By Tonnage Capacity (Below 2.5-3.5 tons, 3.5-6 tons)

6.2.3. By Fuel Type (Diesel, Petrol and Others)

6.2.4. By Company (2020)

6.2.5. By Region

6.3.    Product Market Map (By Vehicle Type, By Region)

7.     Asia-Pacific Light Commercial Vehicle Market Outlook

7.1.    Market Size & Forecast 

7.1.1. By Volume

7.2.   Market Share & Forecast

7.2.1. By Vehicle Type

7.2.2. By Tonnage Capacity

7.2.3. By Fuel Type

7.2.4. By Country

7.3.   Product Market Map (By Vehicle Type, By Country)

7.4.   Asia-Pacific: Country Analysis

7.4.1. China Light Commercial Vehicle Market Outlook

7.4.1.1. Market Size & Forecast

7.4.1.1.1. By Volume

7.4.1.2. Market Share & Forecast

7.4.1.2.1. By Vehicle Type

7.4.1.2.2. By Tonnage Capacity

7.4.1.2.3. By Fuel Type

7.4.2. India Light Commercial Vehicle Market Outlook

7.4.2.1. Market Size & Forecast

7.4.2.1.1. By Volume

7.4.2.2. Market Share & Forecast

7.4.2.2.1. By Vehicle Type

7.4.2.2.2. By Tonnage Capacity

7.4.2.2.3. By Fuel Type

7.4.3. Japan Light Commercial Vehicle Market Outlook

7.4.3.1. Market Size & Forecast

7.4.3.1.1. By Volume

7.4.3.2. Market Share & Forecast

7.4.3.2.1. By Vehicle Type

7.4.3.2.2. By Tonnage Capacity

7.4.3.2.3. By Fuel Type

7.4.4. South Korea Light Commercial Vehicle Market Outlook

7.4.4.1. Market Size & Forecast

7.4.4.1.1. By Volume

7.4.4.2. Market Share & Forecast

7.4.4.2.1. By Vehicle Type

7.4.4.2.2. By Tonnage Capacity

7.4.4.2.3. By Fuel Type

7.4.5. Thailand Light Commercial Vehicle Market Outlook

7.4.5.1. Market Size & Forecast

7.4.5.1.1. By Volume

7.4.5.2. Market Share & Forecast

7.4.5.2.1. By Vehicle Type

7.4.5.2.2. By Tonnage Capacity

7.4.5.2.3. By Fuel Type

8.     Europe Light Commercial Vehicle Market Outlook

8.1.   Market Size & Forecast

8.1.1. By Volume

8.2.   Market Share & Forecast

8.2.1. By Vehicle Type

8.2.2. By Tonnage Capacity

8.2.3. By Fuel Type

8.2.4. By Country

8.3.   Product Market Map (By Vehicle Type, By Country)

8.4.   Europe: Country Analysis

8.4.1. United Kingdom Light Commercial Vehicle Market Outlook

8.4.1.1. Market Size & Forecast

8.4.1.1.1. By Volume

8.4.1.2. Market Share & Forecast

8.4.1.2.1. By Vehicle Type

8.4.1.2.2. By Tonnage Capacity

8.4.1.2.3. By Fuel Type

8.4.2. France Light Commercial Vehicle Market Outlook

8.4.2.1. Market Size & Forecast

8.4.2.1.1. By Volume

8.4.2.2. Market Share & Forecast

8.4.2.2.1. By Vehicle Type

8.4.2.2.2. By Tonnage Capacity

8.4.2.2.3. By Fuel Type

8.4.3. Spain Light Commercial Vehicle Market Outlook

8.4.3.1. Market Size & Forecast

8.4.3.1.1. By Volume

8.4.3.2. Market Share & Forecast

8.4.3.2.1. By Vehicle Type

8.4.3.2.2. By Tonnage Capacity

8.4.3.2.3. By Fuel Type

8.4.4. Germany Light Commercial Vehicle Market Outlook

8.4.4.1. Market Size & Forecast

8.4.4.1.1. By Volume

8.4.4.2. Market Share & Forecast

8.4.4.2.1. By Vehicle Type

8.4.4.2.2. By Tonnage Capacity

8.4.4.2.3. By Fuel Type

8.4.5. Italy Light Commercial Vehicle Market Outlook

8.4.5.1. Market Size & Forecast

8.4.5.1.1. By Volume

8.4.5.2. Market Share & Forecast

8.4.5.2.1. By Vehicle Type

8.4.5.2.2. By Tonnage Capacity

8.4.5.2.3. By Fuel Type

8.4.6. Turkey Light Commercial Vehicle Market Outlook

8.4.6.1. Market Size & Forecast

8.4.6.1.1. By Volume

8.4.6.2. Market Share & Forecast

8.4.6.2.1. By Vehicle Type

8.4.6.2.2. By Tonnage Capacity

8.4.6.2.3. By Fuel Type

9.     North America Light Commercial Vehicle Market Outlook

9.1.    Market Size & Forecast          

9.1.1. By Volume

9.2.   Market Share & Forecast

9.2.1. By Vehicle Type

9.2.2. By Tonnage Capacity

9.2.3. By Fuel Type

9.2.4. By Country

9.3.   Product Market Map (By Vehicle Type, By Country)

9.4.   North America: Country Analysis

9.4.1. United States Light Commercial Vehicle Market Outlook

9.4.1.1. Market Size & Forecast

9.4.1.1.1. By Volume

9.4.1.2. Market Share & Forecast

9.4.1.2.1. By Vehicle Type

9.4.1.2.2. By Tonnage Capacity

9.4.1.2.3. By Fuel Type

9.4.2. Canada Light Commercial Vehicle Market Outlook

9.4.2.1. Market Size & Forecast

9.4.2.1.1. By Volume

9.4.2.2. Market Share & Forecast

9.4.2.2.1. By Vehicle Type

9.4.2.2.2. By Tonnage Capacity

9.4.2.2.3. By Fuel Type

9.4.3. Mexico Light Commercial Vehicle Market Outlook

9.4.3.1. Market Size & Forecast

9.4.3.1.1. By Volume

9.4.3.2. Market Share & Forecast

9.4.3.2.1. By Vehicle Type

9.4.3.2.2. By Tonnage Capacity

9.4.3.2.3. By Fuel Type

10.   MEA Light Commercial Vehicle Market Outlook

10.1. Market Size & Forecast

10.1.1.    By Volume

10.2. Market Share & Forecast

10.2.1.    By Vehicle Type

10.2.2.    By Tonnage Capacity

10.2.3.    By Fuel Type

10.2.4.    By Country

10.3. Product Market Map (By Vehicle Type, By Country)

10.4. MEA: Country Analysis

10.4.1.    South Africa Light Commercial Vehicle Market Outlook

10.4.1.1.        Market Size & Forecast

10.4.1.1.1.             By Volume

10.4.1.2.        Market Share & Forecast

10.4.1.2.1.             By Vehicle Type

10.4.1.2.2.             By Tonnage Capacity

10.4.1.2.3.             By Fuel Type

10.4.2.    UAE Light Commercial Vehicle Market Outlook

10.4.2.1.        Market Size & Forecast

10.4.2.1.1.             By Volume

10.4.2.2.        Market Share & Forecast

10.4.2.2.1.             By Vehicle Type

10.4.2.2.2.             By Tonnage Capacity

10.4.2.2.3.             By Fuel Type

10.4.3.  Saudi Arabia Light Commercial Vehicle Market Outlook

10.4.3.1.      Market Size & Forecast

10.4.3.1.1.           By Volume

10.4.3.2.      Market Share & Forecast

10.4.3.2.1.           By Vehicle Type

10.4.3.2.2.           By Tonnage Capacity

10.4.3.2.3.           By Fuel Type

10.4.4.  Iran Light Commercial Vehicle Market Outlook

10.4.4.1.      Market Size & Forecast

10.4.4.1.1.           By Volume

10.4.4.2.      Market Share & Forecast

10.4.4.2.1.           By Vehicle Type

10.4.4.2.2.           By Tonnage Capacity

10.4.4.2.3.           By Fuel Type

11.  South America Light Commercial Vehicle Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Volume

11.2.              Market Share & Forecast

11.2.1.  By Vehicle Type

11.2.2.  By Tonnage Capacity

11.2.3.  By Fuel Type

11.2.4.  By Country

11.3. Product Market Map (By Vehicle Type, By Country)

11.4.              South America: Country Analysis

11.4.1.  Brazil Light Commercial Vehicle Market Outlook

11.4.1.1.      Market Size & Forecast

11.4.1.1.1.           By Volume

11.4.1.2.      Market Share & Forecast

11.4.1.2.1.           By Vehicle Type

11.4.1.2.2.           By Tonnage Capacity

11.4.1.2.3.           By Fuel Type

11.4.2.  Argentina Light Commercial Vehicle Market Outlook

11.4.2.1.      Market Size & Forecast

11.4.2.1.1.           By Volume

11.4.2.2.      Market Share & Forecast

11.4.2.2.1.           By Vehicle Type

11.4.2.2.2.           By Tonnage Capacity

11.4.2.2.3.           By Fuel Type

11.4.3.  Colombia Light Commercial Vehicle Market Outlook

11.4.3.1.      Market Size & Forecast

11.4.3.1.1.           By Volume

11.4.3.2.      Market Share & Forecast

11.4.3.2.1.           By Vehicle Type

11.4.3.2.2.           By Tonnage Capacity

11.4.3.2.3.           By Fuel Type

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends & Developments

14.  Competitive Landscape

14.1.              Ford Motor Company

14.2.              Renault S.A.

14.3.              Toyota Motor Corporation

14.4.              General Motors Company

14.5.              Mahindra Group

14.6.              Tata Motors Ltd.

14.7.              FCA US LLC

14.8.              Daimler AG

14.9.              SAIC Motor Corporation Limited (Liuzhou Wuling Automobile Industry Co., Ltd.)

14.10.            Volkswagen AG

15.  Strategic Recommendations

16.  About Us & Disclaimer

Figures and Tables

Figure 1: Global Light Commercial Vehicle Market Size, By Volume (Million Units), 2016-2026F

Figure 2: Global Light Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 3: Global Light Commercial Vehicle Market Share, By Tonnage Capacity, By Volume, 2016-2026F

Figure 4: Global Light Commercial Vehicle Market Share, By Fuel Type, By Volume, 2016-2026

Figure 5: Global Light Commercial Vehicle Market Share, By Region, 2020

Figure 6: APAC Light Commercial Vehicle Market Size, By Volume (Units), 2016-2026F

Figure 7: APAC Light Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 8: APAC Light Commercial Vehicle Market Share, By Tonnage Capacity, By Volume, 2016-2026F

Figure 9: APAC Light Commercial Vehicle Market Share, By Fuel Type, By Volume, 2016-2026F

Figure 10: APAC Commercial Vehicle Market Share, By Country, 2020

Figure 11: China Light Commercial Vehicle Market Size, By Volume (Units), 2016-2026F

Figure 12: China Light Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 13: China Light Commercial Vehicle Market Share, By Tonnage Capacity, By Volume, 2016-2026F

Figure 14: China Light Commercial Vehicle Market Share, By Fuel Type, By Volume, 2016-2026F

Figure 15: India Light Commercial Vehicle Market Size, By Volume (Units), 2016-2026F

Figure 16: India Light Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 17: India Light Commercial Vehicle Market Share, By Tonnage Capacity, By Volume, 2016-2026F

Figure 18: India Light Commercial Vehicle Market Share, By Fuel type, By Volume, 2016-2026F

Figure 19: Japan Light Commercial Vehicle Market Size, By Volume (Units), 2016-2026F

Figure 20: Japan Light Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 21: Japan Light Commercial Vehicle Market Share, By Tonnage Capacity, By Volume, 2016-2026F

Figure 22: Japan Light Commercial Vehicle Market Share, By Fuel type, By Volume, 2016-2026F

Figure 23: South Korea Light Commercial Vehicle Market Size, By Volume (Units), 2016-2026F

Figure 24: South Korea Light Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 25: South Korea Light Commercial Vehicle Market Share, By Tonnage Capacity, By Volume, 2016-2026F

Figure 26: South Korea Light Commercial Vehicle Market Share, By Fuel type, By Volume, 2016-2026F

Figure 27: Thailand Light Commercial Vehicle Market Size, By Volume (Units), 2016-2026F

Figure 28: Thailand Light Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 29: Thailand Light Commercial Vehicle Market Share, By Tonnage Capacity, By Volume, 2016-2026F

Figure 30: Thailand Light Commercial Vehicle Market Share, By Fuel Type, By Volume, 2016-2026F

Figure 31: Europe & CIS Light Commercial Vehicle Market Size, By Volume (Units), 2016-2026F

Figure 32: Europe & CIS Light Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 33: Europe & CIS Light Commercial Vehicle Market Share, By Tonnage Capacity, By Volume, 2016-2026F

Figure 34: Europe & CIS Light Commercial Vehicle Market Share, By Fuel Type, By Volume, 2016-2026F

Figure 35: Europe & CIS Light Commercial Vehicle Market Share, By Country, By Volume, 2016-2026F

Figure 36: United Kingdom Light Commercial Vehicle Market Size, By Volume (Units), 2016-2026F

Figure 37: United Kingdom Light Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 38: United Kingdom Light Commercial Vehicle Market Share, By Tonnage Capacity, By Volume, 2016-2026F

Figure 39: United Kingdom Light Commercial Vehicle Market Share, By Fuel Type, By Volume, 2016-2026F

Figure 40: France Light Commercial Vehicle Market Size, By Volume (Units), 2016-2026F

Figure 41: France Light Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 42: France Light Commercial Vehicle Market Share, By Tonnage Capacity, By Volume, 2016-2026F

Figure 43: France Light Commercial Vehicle Market Share, By Fuel Type, By Volume, 2015-2025F

Figure 44: Spain Light Commercial Vehicle Market Size, By Volume (Units), 2016-2026F

Figure 45: Spain Light Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 46: Spain Light Commercial Vehicle Market Share, By Tonnage Capacity, By Volume, 2016-2026F

Figure 47: Spain Light Commercial Vehicle Market Share, By Fuel Type, By Volume, 2016-2026F

Figure 48: Germany Light Commercial Vehicle Market Size, By Volume (Units), 2016-2026F

Figure 49: Germany Light Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 50: Germany Light Commercial Vehicle Market Share, By Tonnage Capacity, By Volume, 2016-2026F

Figure 51: Germany Light Commercial Vehicle Market Share, By Fuel Type, By Volume, 2016-2026F

Figure 52: Italy Light Commercial Vehicle Market Size, By Volume (Units), 2016-2026F

Figure 53: Italy Light Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 54: Italy Light Commercial Vehicle Market Share, By Tonnage Capacity, By Volume, 2016-2026F

Figure 55: Italy Light Commercial Vehicle Market Share, By Fuel Type, By Volume, 2016-2026F

Figure 56: Turkey Light Commercial Vehicle Market Size, By Volume (Units), 2016-2026F

Figure 57: Turkey Light Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 58: Turkey Light Commercial Vehicle Market Share, By Tonnage Capacity, By Volume, 2016-2026F

Figure 59: Turkey Light Commercial Vehicle Market Share, By Fuel type, By Volume, 2016-2026F

Figure 60: North America Light Commercial Vehicle Market Size, By Volume (Units), 2016-2026F

Figure 61: North America Light Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 62: North America Light Commercial Vehicle Market Share, By Tonnage Capacity, By Volume, 2016-2026F

Figure 63: North America Light Commercial Vehicle Market Share, By Fuel Type, By Volume, 2016-2026F

Figure 64: North America Light Commercial Vehicle Market Share, By Country, By Volume, 2016-2026F

Figure 65: United States of America Light Commercial Vehicle Market Size, By Volume (Units), 2016-2026F

Figure 66: United States of America Light Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 67: United States of America Light Commercial Vehicle Market Share, By Tonnage Capacity, By Volume, 2016-2026F

Figure 68: United States of America Light Commercial Vehicle Market Share, By Fuel type, By Volume, 2016-2026F

Figure 69: Canada Light Commercial Vehicle Market Size, By Volume (Units), 2016-2026F

Figure 70: Canada Light Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 71: Canada Light Commercial Vehicle Market Share, By Tonnage Capacity, By Volume, 2016-2026F

Figure 72: Canada Light Commercial Vehicle Market Share, By Fuel Type, By Volume, 2015-2025F

Figure 73: Mexico Light Commercial Vehicle Market Size, By Volume (Units), 2016-2026F

Figure 74: Mexico Light Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 75: Mexico Light Commercial Vehicle Market Share, By Tonnage Capacity, By Volume, 2016-2026F

Figure 76: Mexico Light Commercial Vehicle Market Share, By Fuel Type, By Volume, 2015-2025F

Figure 77: Middle East & Africa Light Commercial Vehicle Market Size, By Volume (Units), 2016-2026F

Figure 78: Middle East & Africa Light Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 79: Middle East & Africa Light Commercial Vehicle Market Share, By Tonnage Capacity, By Volume, 2016-2026F

Figure 80: Middle East & Africa Light Commercial Vehicle Market Share, By Fuel Type, By Volume, 2016-2026F

Figure 81: Middle East & Africa Light Commercial Vehicle Market Share, By Country, By Volume, 2016-2026F

Figure 82: South Africa Light Commercial Vehicle Market Size, By Volume (Units), 2016-2026F

Figure 83: South Africa Light Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 84: South Africa Light Commercial Vehicle Market Share, By Tonnage Capacity, By Volume, 2016-2026F

Figure 85: South Africa Light Commercial Vehicle Market Share, By Fuel Type, By Volume, 2016-2026F

Figure 86: UAE Light Commercial Vehicle Market Size, By Volume (Units), 2016-2026F

Figure 87: UAE Light Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 88: UAE Light Commercial Vehicle Market Share, By Tonnage Capacity, By Volume, 2016-2026F

Figure 89: UAE Light Commercial Vehicle Market Share, By Fuel Type, By Volume, 2016-2026F

Figure 90: Saudi Arabia Light Commercial Vehicle Market Size, By Volume (Units), 2016-2026F

Figure 91: Saudi Arabia Light Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 92: Saudi Arabia Light Commercial Vehicle Market Share, By Tonnage Capacity, By Volume, 2016-2026F

Figure 93: Saudi Arabia Light Commercial Vehicle Market Share, By Fuel Type, By Volume, 2016-2026F

Figure 94: Iran Light Commercial Vehicle Market Size, By Volume (Units), 2016-2026F

Figure 95: Iran Light Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 96: Iran Light Commercial Vehicle Market Share, By Tonnage Capacity, By Volume, 2016-2026F

Figure 97: Iran Light Commercial Vehicle Market Share, By Fuel Type, By Volume, 2016-2026F

Figure 98: South America Light Commercial Vehicle Market Size, By Volume (Units), 2016-2026F

Figure 99: South America Light Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 100: South America Light Commercial Vehicle Market Share, By Tonnage Capacity, By Volume, 2016-2026F

Figure 101: South America Light Commercial Vehicle Market Share, By Fuel type, By Volume, 2016-2026F

Figure 102: South America Light Commercial Vehicle Market Share, By Country, By Volume, 2016-2026F

Figure 103: Brazil Light Commercial Vehicle Market Size, By Volume (Units), 2016-2026F

Figure 104: Brazil Light Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 105: Brazil Light Commercial Vehicle Market Share, By Tonnage Capacity, By Volume, 2016-2026F

Figure 106: Brazil Light Commercial Vehicle Market Share, By Fuel Type, By Volume, 2016-2026F

Figure 107: Argentina Light Commercial Vehicle Market Size, By Volume (Units), 2016-2026F

Figure 108: Argentina Light Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 109: Argentina Light Commercial Vehicle Market Share, By Tonnage Capacity, By Volume, 2016-2026F

Figure 110: Argentina Light Commercial Vehicle Market Share, By Fuel Type, By Volume, 2016-2026F

Figure 111: Colombia Light Commercial Vehicle Market Size, By Volume (Units), 2016-2026F

Figure 112: Colombia Light Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 113: Colombia Light Commercial Vehicle Market Share, By Tonnage Capacity, By Volume, 2016-2026F

Figure 114: Colombia Light Commercial Vehicle Market Share, By Fuel Type, By Volume, 2016-2026F

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Srishti Verma

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Light Commercial Vehicle Market to Grow at 5.22% CAGR by 2026

Apr, 2021

Continuously growing demand for light commercial vehicles coupled with growing E-commerce businesses and small-scale businesses to drive the growth of global light commercial market through 2026.

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