United Kingdom Light Commercial Vehicles Market By Vehicle Type (Passenger Car, Cargo Van, Pickup Van, etc.), By Tonnage Type (>2.5-3.5 Tons, >2-2.5 Tons, etc.), By Fuel Type (Diesel, Petrol & Others), Competition Forecast & Opportunities, 2013–2023

United Kingdom light commercial vehicles market was valued at $ 12.7 billion in 2017 and is projected to cross $ 19 billion by 2023. Anticipated growth in the market can be attributed to growing infrastructure development projects across the United Kingdom. Moreover, with growth in e-commerce industry across the country, need for logistics is increasing, which is boosting demand for light commercial vehicles as well. Furthermore, growing tourism sector and anticipated emergence of new vehicle models and brands is likely to continue fuelling growth in United Kingdom light commercial vehicles market during forecast period.

Years considered for this report:

Historical Years: 2013-2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2019–2023

Objective of the Study:

• To assess the demand-supply scenario of light commercial vehicle market, which covers sales, import, export, demand, supply, and net inventory status of commercial vehicle market in the United Kingdom.
• To analyze and forecast the market size of United Kingdom light commercial vehicles market.
• To classify and forecast United Kingdom light commercial vehicles market by vehicle type, by tonnage capacity, by fuel type, by region and by company.
• To identify drivers and challenges for United Kingdom light commercial vehicles market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the United Kingdom light commercial vehicles market.
• To identify and analyze the profile of leading players involved in the manufacturing of United Kingdom light commercial vehicles market.

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Some of the major players operating in the UK light commercial vehicles market include Ford Motor Company Limited, Volkswagen Group United Kingdom Limited, Peugeot Motor Company PLC, Mercedes-Benz UK Ltd, Vauxhall Motors Limited, Citroën UK Limited, Renault UK Ltd, Isuzu (UK) Ltd, Iveco Limited and Fiat Chrysler Automobiles N.V.

To perform the study, TechSci Research conducted primary as well as exhaustive secondary research. Initially, TechSci Research prepared an exhaustive list of light commercial vehicle manufacturers and dealers operating in the United Kingdom. Subsequently, TechSci Research conducted primary research surveys, which included primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. Through this technique, TechSci Research could include manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed product offerings, distribution channels, and regional presence of all major light commercial vehicle companies across the United Kingdom.

TechSci Research calculated the market size for United Kingdom light commercial vehicles market using a bottom-up technique, wherein sales volume data of different engine capacities, was recorded as well as forecast for the future years. TechSci Research sourced these value & volume from industry experts and company representatives, and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Multiple secondary sources such as directories, databases such as company websites, company annual reports, white papers, investor presentations, financial reports, Ministry of Commerce, World Bank, Society of United Kingdom Automobile Manufacturers, etc., were also studied by TechSci Research.

• LCV manufacturers, distributors and other stakeholders
• Major end users of light commercial vehicles
• Government bodies such as regulating authorities and policy makers
• Associations, Organizations, Forums and Alliances related to light commercial vehicle
• Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as light commercial vehicle manufacturers, distributors and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.

Report Scope:

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

• Market, By Vehicle Type:
• Passenger Van
• Cargo Van
• Pickup
• Truck
• Mini-Bus
• Market, By Tonnage Capacity:
• < 2 Tons
• >2-2.5 Tone
• >2.5-3.5 Tons
• > 3.5 -< 6.0 Tons
• Market, By Fuel Type:
• Diesel
• Petrol
• Others
• Market, by Region:
• North
• South
• Midlands
• Yorkshire and The Humber
• Scotland
• London
• Wales
• Market, By Company:
• Ford Motor Company Limited
• Volkswagen Group United Kingdom Limited
• Peugeot Motor Company PLC
• Mercedes-Benz UK Ltd
• Vauxhall Motors Limited
• Others

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in United Kingdom light commercial vehicles market.

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.