封面
市場調查報告書
商品編碼
1822339

2032年輕型商用車和中重型卡車市場預測:按車輛類型、燃料類型、噸位、引擎容量、變速箱類型、應用和地區進行的全球分析

Light Commercial Vehicle and Medium & High-duty Truck Market Forecasts to 2032 - Global Analysis By Vehicle Type, Fuel Type, Tonnage, Engine Capacity, Transmission Type, Application and By Geography

出版日期: | 出版商: Stratistics Market Research Consulting | 英文 200+ Pages | 商品交期: 2-3個工作天內

價格

根據 Stratistics MRC 的數據,全球輕型商用車和中重型卡車市場預計在 2025 年達到 6,973.4 億美元,到 2032 年將達到 1,1873.9 億美元,預測期內複合年成長率為 7.9%。

輕型商用車 (LCV) 是一種中小型運輸解決方案,主要用於在都市區及周邊地區運輸貨物和乘客。它們燃油經濟性出色、易於操作且營運成本低廉,是都市區配送、小型企業和宅配服務的理想選擇。而中型和重型卡車 (M&HDT) 則是專為遠距運輸設計的堅固耐用車輛,能夠在區域和國家路線上運載大量貨物。這些卡車注重強度、高有效載荷能力和可靠的引擎性能,以滿足密集的運輸需求。

根據國際汽車工業組織(OICA)預測,2022年全球輕型商用車產量預計將達到2,000萬輛以上,重型卡車產量將超過500萬輛。

物流和工業運輸需求不斷成長

高效貨運和最後一哩配送解決方案日益成長的需求推動了輕型商用車 (LCV) 和中重型商用車 (MHDV) 市場的發展。電子商務的擴張、都市區的成長以及中小企業的快速成長,推動了對能夠在城市內和遠距行駛的靈活車輛的需求。對道路網路和物流中心等基礎設施的投資正在提高運輸效率。工業成長和貨運量的增加進一步支撐了對中型和重型卡車的需求。政府激勵措施和環境法規鼓勵採用電動和混合動力汽車,以滿足日益成長的商業和工業物流需求,同時也促進了永續的運輸解決方案。

車輛價格昂貴,營運成本高

輕型商用車 (LCV) 和中重型商用車 (MHDV) 市場的主要挑戰包括車輛成本上升和持續營運成本。電動傳動系統、自動駕駛系統和遠端資訊處理等先進功能提高了購置價格,並需要大量資金用於車輛購買和升級。此外,中重型卡車的維護、保險和燃油成本仍然居高不下,對中小企業帶來壓力。波動的燃油價格和不斷上漲的人事費用進一步加劇了營運負擔。高昂的總擁有成本限制了這類車輛的普及,尤其是在成本敏感的市場,並且對於那些希望擴大和現代化車隊以進行都市區配送和遠距貨運業務的公司來說,這是一個巨大的障礙。

永續旅行和綠色汽車的採用

隨著人們對永續性的日益關注,電動和混合動力汽車的應用為輕型商用車和中重型商用車市場創造了巨大的機會。世界各國政府紛紛推出獎勵、稅收減免和補貼,鼓勵人們使用低排放氣體商用車。企業可以利用這些舉措,用環保車輛升級車隊,並降低長期燃油和維修成本。消費者和企業環保意識的不斷增強將進一步推動環保交通解決方案的採用。這一趨勢也將鼓勵製造商創新,推出新的電動和混合動力車型,以擴大其產品線,並吸引城市配送和遠距物流具有環保意識的客戶。

競爭壓力與市場飽和

輕型商用車 (LCV) 和中重型商用車 (MHDV) 市場面臨激烈競爭和市場飽和的威脅。眾多成熟品牌和新進業者在價格、車輛配置和售後服務方面展開競爭,對利潤率造成壓力。這種競爭環境可能導致價格壓力,並限制對先進技術和研發的投資。已開發地區的市場飽和限制了成長,迫使企業專注於成本效益和細微的產品改進。客戶對燃油經濟性、安全性和車輛可靠性的期望不斷提高,進一步增加了製造商的壓力。這些綜合因素威脅市場盈利和成長潛力,迫使製造商不斷創新、打造差異化產品,並在競爭激烈的商用車領域中保持競爭力。

COVID-19的影響:

新冠疫情的爆發嚴重擾亂了全球輕型商用車和中重型商用車市場。封鎖和限制措施阻礙了汽車製造,推遲了生產計劃,並擾亂了全球供應鏈。邊境關閉、勞動力短缺以及物流基礎設施受限等因素給貨運運輸帶來了挑戰,影響了車隊的擴張和更換計畫。經濟不確定性導致企業推遲了車輛投資,從而影響了銷售量。然而,疫情刺激了電商和生活必需品的需求,從而增加了對高效「最後一英里」配送解決方案的需求,尤其是對輕型商用車而言。雖然新冠疫情導致產銷短期下滑,但也加速了數位物流技術和非接觸式配送系統的採用,重塑了市場動態。

輕型商用車(LCV)市場預計將在預測期內佔據最大佔有率

輕型商用車 (LCV) 憑藉其緊湊的設計、操作靈活性和城市交通效率,預計將在預測期內佔據最大的市場佔有率。 LCV 廣泛應用於最後一哩配送、電子商務履約和小型商業營運,這使得它們在已開發地區和開發中地區都具有高度相關性。與中型和重型卡車相比,它們的購買和維修成本較低,這推動了它們在中小企業中的廣泛應用。人們對電動和混合動力 LCV 日益成長的興趣進一步鞏固了 LCV 的市場領導地位。總體而言,LCV 的適應性、成本效益以及在城市物流和配送服務中日益成長的作用,鞏固了它們在商用車市場中佔有最大佔有率的地位。

預計預測期內電力部門的複合年成長率最高。

在環保意識、政府政策和嚴格排放法規的推動下,電動車領域預計將在預測期內實現最高成長率。不斷上漲的燃油成本和對都市區空氣品質的擔憂,促使企業轉向使用電動貨車和卡車進行都市區和區域交通運輸。電池技術、充電基礎設施和續航里程的提升,使得電動商用車越來越可行。全球倡導永續低碳交通的舉措進一步推動了電動商用車的普及。因此,電動輕型商用車和中型重型商用車將快速成長,並顯著影響整個商用車市場向車隊現代化、營運效率和更環保的物流解決方案轉型。

佔比最大的地區:

在預測期內,亞太地區預計將佔據最大的市場佔有率,這得益於快速的經濟成長、都市化以及對高效運輸解決方案日益成長的需求。不斷擴大的物流網路和政府的支持政策正在加速該地區商用車的普及。主要製造商的強大影響力和市場競爭優勢正在鞏固其市場領導地位。此外,先進車輛技術的日益普及以及物流和配送公司運輸車隊的不斷擴張也鞏固了該地區的地位。這些因素共同使亞太地區在全球輕型商用車和卡車市場中保持主導地位。

複合年成長率最高的地區:

預計中東和非洲地區在預測期內的複合年成長率最高。基礎設施建設、貿易成長和城市擴張正在推動全部區域對商業運輸解決方案的需求。旨在實現車隊現代化和加強物流的政府措施和支持性政策正在進一步推動成長。國際汽車相關企業的進入以及適應區域需求的先進汽車技術的日益普及也在推動市場擴張。此外,電子商務的興起和供應鏈網路的不斷擴展在加速該行業的區域成長軌跡方面發揮關鍵作用。

免費客製化服務:

此報告的訂閱者可以使用以下免費自訂選項之一:

  • 公司簡介
    • 對最多三家其他市場公司進行全面分析
    • 主要企業的SWOT分析(最多3家公司)
  • 區域細分
    • 根據客戶興趣對主要國家進行的市場估計、預測和複合年成長率(註:基於可行性檢查)
  • 競爭基準化分析
    • 根據產品系列、地理分佈和策略聯盟對主要企業基準化分析

目錄

第1章執行摘要

第2章 前言

  • 概述
  • 相關利益者
  • 調查範圍
  • 調查方法
    • 資料探勘
    • 數據分析
    • 數據檢驗
    • 研究途徑
  • 研究材料
    • 主要研究資料
    • 次級研究資訊來源
    • 先決條件

第3章市場走勢分析

  • 驅動程式
  • 抑制因素
  • 機會
  • 威脅
  • 應用分析
  • 新興市場
  • COVID-19的影響

第4章 波特五力分析

  • 供應商的議價能力
  • 買方的議價能力
  • 替代品的威脅
  • 新進入者的威脅
  • 競爭對手之間的競爭

第5章全球輕型商用車和中重型卡車市場(按車型)

  • 輕型商用車(LCV)
  • 中型卡車(MDT)
  • 重型卡車(HDT)

6. 全球輕型商用車和中重型卡車市場(依燃料類型)

  • 柴油引擎
  • 汽油
  • CNG
  • 氫燃料電池

7. 全球輕型商用車和中重型卡車市場(按噸位)

  • 最多2.5噸
  • 2.6至7.5噸
  • 7.6至16噸
  • 超過16噸

8. 全球輕型商用車和中重型卡車市場(按引擎容量)

  • 小於2.5升
  • 2.5L~4L
  • 4L~7L
  • 7公升以上

9. 全球輕型商用車和中重型卡車市場(依變速箱類型)

  • 手排變速箱
  • 自排變速箱(AMT)
  • 全自動變速箱
  • 電力驅動

第10章全球輕型商用車和中重型卡車市場(按應用)

  • 城市配送和最後一英里物流
  • 城際貨運
  • 重型及散裝運輸
  • 建築和採礦
  • 市政當局和公共服務
  • 農業運輸

第11章全球輕型商用車和中重型卡車市場(按地區)

  • 北美洲
    • 美國
    • 加拿大
    • 墨西哥
  • 歐洲
    • 德國
    • 英國
    • 義大利
    • 法國
    • 西班牙
    • 其他歐洲國家
  • 亞太地區
    • 日本
    • 中國
    • 印度
    • 澳洲
    • 紐西蘭
    • 韓國
    • 其他亞太地區
  • 南美洲
    • 阿根廷
    • 巴西
    • 智利
    • 南美洲其他地區
  • 中東和非洲
    • 沙烏地阿拉伯
    • 阿拉伯聯合大公國
    • 卡達
    • 南非
    • 其他中東和非洲地區

第12章 重大進展

  • 協議、夥伴關係、合作和合資企業
  • 收購與合併
  • 新產品發布
  • 業務擴展
  • 其他關鍵策略

第13章:企業概況

  • Tata Motors Limited
  • Ashok Leyland Limited
  • Mahindra & Mahindra Limited
  • Daimler AG
  • Volvo Group
  • Ford Motor Company
  • General Motors Company
  • Volkswagen AG
  • Groupe Renault
  • Isuzu Motors Limited
  • Nissan Motor Co. Ltd.
  • Dongfeng Motor Corporation
  • BAIC Motor Corporation Ltd.
  • BYD Auto Co. Ltd.
  • Paccar Inc.
Product Code: SMRC31093

According to Stratistics MRC, the Global Light Commercial Vehicle and Medium & High-duty Truck Market is accounted for $697.34 billion in 2025 and is expected to reach $1187.39 billion by 2032 growing at a CAGR of 7.9% during the forecast period. Light Commercial Vehicles (LCVs) serve as compact to moderately sized transport solutions, mainly utilized for moving goods and passengers in cities and surrounding areas. They offer excellent fuel economy, easy handling, and affordable operational costs, making them perfect for urban deliveries, small enterprises, and courier operations. On the other hand, Medium & Heavy-Duty Trucks (M&HDTs) are robust vehicles designed for long-distance hauling, capable of carrying substantial cargo over regional and nationwide routes. These trucks emphasize strength, high payload capability, and reliable engine performance to meet intensive transport demands.

According to the International Organization of Motor Vehicle Manufacturers (OICA), Global production of light commercial vehicles reached over 20 million units in 2022, while heavy trucks exceeded 5 million units.

Market Dynamics:

Driver:

Rising logistics and industrial transport needs

The market for LCVs and MHDVs is fueled by the increasing need for efficient freight movement and last-mile delivery solutions. E-commerce expansion, urban population growth, and the proliferation of small and medium businesses are driving demand for flexible vehicles capable of both city and long-distance operations. Investments in infrastructure, such as road networks and logistics centers, enhance transportation efficiency. Industrial growth and rising cargo volumes further support demand for medium and heavy-duty trucks. Government incentives and environmental regulations encourage the adoption of electric and hybrid vehicles, promoting sustainable transport solutions while fulfilling the growing requirements of commercial and industrial logistics.

Restraint:

Expensive vehicles and high operating expenses

A key challenge for the LCV and MHDV market is the elevated cost of vehicles and their ongoing operational expenditures. Advanced features like electric drivetrains, autonomous systems, and telematics increase purchase prices, requiring significant capital for fleet acquisition or upgrades. Additionally, maintenance, insurance, and fuel costs for medium and heavy-duty trucks remain high, putting pressure on small and medium businesses. Fuel price volatility and rising labor expenses exacerbate operational burdens. The high total cost of ownership restricts adoption, particularly in cost-sensitive markets, posing a significant restraint for companies looking to expand or modernize fleets for urban delivery and long-distance freight operations.

Opportunity:

Sustainable mobility and green vehicle adoption

The increasing focus on sustainability presents a major opportunity for the LCV and MHDV market via electric and hybrid vehicle adoption. Governments globally provide incentives, tax breaks, and subsidies to encourage the use of low-emission commercial vehicles. Businesses can take advantage of these initiatives to upgrade fleets with environmentally friendly vehicles, reducing fuel and maintenance costs over time. Rising environmental consciousness among consumers and companies drives further adoption of green transportation solutions. This trend also encourages manufacturers to innovate and introduce new electric or hybrid models, enhancing product offerings and appealing to environmentally aware customers across both urban delivery and long-haul logistics sectors.

Threat:

Competitive pressure and market saturation

The LCV and MHDV market is threatened by intense competition and saturation. Numerous established brands and new market entrants compete on pricing, vehicle features, and after-sales services, creating pressure on profit margins. This competitive environment may lead to price reductions and restrict investment in advanced technologies or R&D. Saturation in developed regions limits growth, prompting companies to focus on cost efficiency or minor product improvements. Increasing customer expectations for fuel efficiency, safety, and vehicle reliability further intensify pressure on manufacturers. Collectively, these factors threaten market profitability and growth potential, requiring manufacturers to continually innovate, differentiate products, and maintain competitiveness in an overcrowded commercial vehicle sector.

Covid-19 Impact:

The COVID-19 outbreak significantly disrupted the LCV and MHDV market worldwide. Lockdowns and restrictions impeded vehicle manufacturing, delayed production schedules, and interrupted global supply chains. Freight operations were challenged by border closures, labor shortages, and limited access to logistics infrastructure, affecting fleet expansion and replacement plans. Economic uncertainty prompted companies to defer vehicle investments, impacting sales volumes. Conversely, the pandemic boosted e-commerce and the demand for essential goods, increasing the need for efficient last-mile delivery solutions, particularly for light commercial vehicles. While COVID-19 caused short-term production and sales declines, it also accelerated the adoption of digital logistics technologies and contactless delivery systems, reshaping market dynamics.

The light commercial vehicles (LCVs) segment is expected to be the largest during the forecast period

The light commercial vehicles (LCVs) segment is expected to account for the largest market share during the forecast period, owing to their compact design, operational flexibility, and efficiency in urban transport. They are extensively deployed for last-mile deliveries, e-commerce fulfillment, and small-scale commercial operations, making them highly relevant across both developed and developing regions. The lower purchase and maintenance costs compared to medium and heavy-duty trucks encourage wider adoption among small and medium businesses. Growing interest in electric and hybrid LCVs supports their market leadership further. Overall, the adaptability, cost-effectiveness, and increasing role of LCVs in urban logistics and delivery services underpin their status as the segment with the largest share in the commercial vehicle market.

The electric segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the electric segment is predicted to witness the highest growth rate, driven by environmental awareness, government policies, and strict emission standards. Increasing fuel costs and concerns over urban air quality motivate companies to switch to electric vans and trucks for urban and regional transport. Improvements in battery technology, charging infrastructure, and driving range make electric commercial vehicles increasingly viable. Global initiatives promoting sustainable, low-carbon transportation further support their adoption. As a result, electric LCVs and MHDVs are set to grow rapidly, significantly influencing fleet modernization, operational efficiency, and the overall transformation of the commercial vehicle market toward greener logistics solutions.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share, fueled by rapid economic growth, urbanization, and rising demand for efficient transportation solutions. Expanding logistics networks and supportive government initiatives have accelerated the adoption of commercial vehicles in this region. The strong presence of key manufacturers, combined with competitive production advantages, reinforces its market leadership. Moreover, the increasing incorporation of advanced vehicle technologies and the continuous expansion of transport fleets by logistics and distribution companies have strengthened the region's position. These factors collectively ensure that Asia-Pacific maintains a dominant role in the global LCV and truck market landscape.

Region with highest CAGR:

Over the forecast period, the Middle East & Africa region is anticipated to exhibit the highest CAGR. Infrastructure development, growing trade, and urban expansion are driving the demand for commercial transport solutions across the region. Government initiatives and supportive policies aimed at fleet modernization and logistics enhancement further bolster growth. The entry of international automotive players and the increasing use of advanced vehicle technologies adapted to local needs strengthen market expansion. Additionally, the rise of e-commerce and the expansion of supply chain networks play a critical role in accelerating the region's growth trajectory in this sector.

Key players in the market

Some of the key players in Light Commercial Vehicle and Medium & High-duty Truck Market include Tata Motors Limited, Ashok Leyland Limited, Mahindra & Mahindra Limited, Daimler AG, Volvo Group, Ford Motor Company, General Motors Company, Volkswagen AG, Groupe Renault, Isuzu Motors Limited, Nissan Motor Co. Ltd., Dongfeng Motor Corporation, BAIC Motor Corporation Ltd., BYD Auto Co. Ltd. and Paccar Inc.

Key Developments:

In July 2025, Tata Motors Ltd. has signed an agreement to acquire Iveco Group N.V. a European leader in commercial vehicles and mobility, through a subsidiary for ₹38,000 crore. Iveco Group Board has recommended Tata Motors' all-cash voluntary tender offer for Iveco Group common shares. This call-cash deal will be funded through a bridge loan to be repaid in four years and Tata Motors has announced to raise €I billion in equity to fund this acquisition, chief financial officer P.B. Balaji told journalists.

In January 2025, Ashok Leyland has partnered with ESAF Small Finance Bank to provide vehicle financing options to its customers. The memorandum of understanding was signed in Chennai between Viplav Shah, Head of LCV Business at Ashok Leyland, and George Oommen, Business Head of General and Mobility Loans at ESAF Small Finance Bank.

In October 2024, Volvo Group and Daimler Truck have signed a binding agreement to establish a new 50/50 joint venture to develop a software-defined vehicle platform for heavy duty vehicles and drive the industry transformation. The new company aims to set an industry standard with headquarters in Gothenburg, Sweden.

Vehicle Types Covered:

  • Light Commercial Vehicles (LCVs)
  • Medium-duty Trucks (MDTs)
  • Heavy-duty Trucks (HDTs)

Fuel Types Covered:

  • Diesel
  • Petrol
  • CNG
  • Electric
  • Hydrogen Fuel Cell

Tonnages Covered:

  • Up to 2.5 Ton
  • 2.6-7.5 Ton
  • 7.6-16 Ton
  • Above 16 Ton

Engine Capacities Covered:

  • <2.5L
  • 2.5L-4L
  • 4L-7L
  • >7L

Transmission Types Covered:

  • Manual Transmission
  • Automatic Transmission (AMT)
  • Fully Automatic Transmission
  • Electric Drive

Applications Covered:

  • Urban Delivery & Last-Mile Logistics
  • Intercity Freight & Cargo
  • Heavy Haulage & Bulk Transport
  • Construction & Mining Operations
  • Municipal & Utility Services
  • Agricultural Transport

Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • New Zealand
    • South Korea
    • Rest of Asia Pacific
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

What our report offers:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

  • Company Profiling
    • Comprehensive profiling of additional market players (up to 3)
    • SWOT Analysis of key players (up to 3)
  • Regional Segmentation
    • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
  • Competitive Benchmarking
    • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

  • 2.1 Abstract
  • 2.2 Stake Holders
  • 2.3 Research Scope
  • 2.4 Research Methodology
    • 2.4.1 Data Mining
    • 2.4.2 Data Analysis
    • 2.4.3 Data Validation
    • 2.4.4 Research Approach
  • 2.5 Research Sources
    • 2.5.1 Primary Research Sources
    • 2.5.2 Secondary Research Sources
    • 2.5.3 Assumptions

3 Market Trend Analysis

  • 3.1 Introduction
  • 3.2 Drivers
  • 3.3 Restraints
  • 3.4 Opportunities
  • 3.5 Threats
  • 3.6 Application Analysis
  • 3.7 Emerging Markets
  • 3.8 Impact of Covid-19

4 Porters Five Force Analysis

  • 4.1 Bargaining power of suppliers
  • 4.2 Bargaining power of buyers
  • 4.3 Threat of substitutes
  • 4.4 Threat of new entrants
  • 4.5 Competitive rivalry

5 Global Light Commercial Vehicle and Medium & High-duty Truck Market, By Vehicle Type

  • 5.1 Introduction
  • 5.2 Light Commercial Vehicles (LCVs)
  • 5.3 Medium-duty Trucks (MDTs)
  • 5.4 Heavy-duty Trucks (HDTs)

6 Global Light Commercial Vehicle and Medium & High-duty Truck Market, By Fuel Type

  • 6.1 Introduction
  • 6.2 Diesel
  • 6.3 Petrol
  • 6.4 CNG
  • 6.5 Electric
  • 6.6 Hydrogen Fuel Cell

7 Global Light Commercial Vehicle and Medium & High-duty Truck Market, By Tonnage

  • 7.1 Introduction
  • 7.2 Up to 2.5 Ton
  • 7.3 2.6-7.5 Ton
  • 7.4 7.6-16 Ton
  • 7.5 Above 16 Ton

8 Global Light Commercial Vehicle and Medium & High-duty Truck Market, By Engine Capacity

  • 8.1 Introduction
  • 8.2 <2.5L
  • 8.3 2.5L-4L
  • 8.4 4L-7L
  • 8.5 >7L

9 Global Light Commercial Vehicle and Medium & High-duty Truck Market, By Transmission Type

  • 9.1 Introduction
  • 9.2 Manual Transmission
  • 9.3 Automatic Transmission (AMT)
  • 9.4 Fully Automatic Transmission
  • 9.5 Electric Drive

10 Global Light Commercial Vehicle and Medium & High-duty Truck Market, By Application

  • 10.1 Introduction
  • 10.2 Urban Delivery & Last-Mile Logistics
  • 10.3 Intercity Freight & Cargo
  • 10.4 Heavy Haulage & Bulk Transport
  • 10.5 Construction & Mining Operations
  • 10.6 Municipal & Utility Services
  • 10.7 Agricultural Transport

11 Global Light Commercial Vehicle and Medium & High-duty Truck Market, By Geography

  • 11.1 Introduction
  • 11.2 North America
    • 11.2.1 US
    • 11.2.2 Canada
    • 11.2.3 Mexico
  • 11.3 Europe
    • 11.3.1 Germany
    • 11.3.2 UK
    • 11.3.3 Italy
    • 11.3.4 France
    • 11.3.5 Spain
    • 11.3.6 Rest of Europe
  • 11.4 Asia Pacific
    • 11.4.1 Japan
    • 11.4.2 China
    • 11.4.3 India
    • 11.4.4 Australia
    • 11.4.5 New Zealand
    • 11.4.6 South Korea
    • 11.4.7 Rest of Asia Pacific
  • 11.5 South America
    • 11.5.1 Argentina
    • 11.5.2 Brazil
    • 11.5.3 Chile
    • 11.5.4 Rest of South America
  • 11.6 Middle East & Africa
    • 11.6.1 Saudi Arabia
    • 11.6.2 UAE
    • 11.6.3 Qatar
    • 11.6.4 South Africa
    • 11.6.5 Rest of Middle East & Africa

12 Key Developments

  • 12.1 Agreements, Partnerships, Collaborations and Joint Ventures
  • 12.2 Acquisitions & Mergers
  • 12.3 New Product Launch
  • 12.4 Expansions
  • 12.5 Other Key Strategies

13 Company Profiling

  • 13.1 Tata Motors Limited
  • 13.2 Ashok Leyland Limited
  • 13.3 Mahindra & Mahindra Limited
  • 13.4 Daimler AG
  • 13.5 Volvo Group
  • 13.6 Ford Motor Company
  • 13.7 General Motors Company
  • 13.8 Volkswagen AG
  • 13.9 Groupe Renault
  • 13.10 Isuzu Motors Limited
  • 13.11 Nissan Motor Co. Ltd.
  • 13.12 Dongfeng Motor Corporation
  • 13.13 BAIC Motor Corporation Ltd.
  • 13.14 BYD Auto Co. Ltd.
  • 13.15 Paccar Inc.

List of Tables

  • Table 1 Global Light Commercial Vehicle and Medium & High-duty Truck Market Outlook, By Region (2024-2032) ($MN)
  • Table 2 Global Light Commercial Vehicle and Medium & High-duty Truck Market Outlook, By Vehicle Type (2024-2032) ($MN)
  • Table 3 Global Light Commercial Vehicle and Medium & High-duty Truck Market Outlook, By Light Commercial Vehicles (LCVs) (2024-2032) ($MN)
  • Table 4 Global Light Commercial Vehicle and Medium & High-duty Truck Market Outlook, By Medium-duty Trucks (MDTs) (2024-2032) ($MN)
  • Table 5 Global Light Commercial Vehicle and Medium & High-duty Truck Market Outlook, By Heavy-duty Trucks (HDTs) (2024-2032) ($MN)
  • Table 6 Global Light Commercial Vehicle and Medium & High-duty Truck Market Outlook, By Fuel Type (2024-2032) ($MN)
  • Table 7 Global Light Commercial Vehicle and Medium & High-duty Truck Market Outlook, By Diesel (2024-2032) ($MN)
  • Table 8 Global Light Commercial Vehicle and Medium & High-duty Truck Market Outlook, By Petrol (2024-2032) ($MN)
  • Table 9 Global Light Commercial Vehicle and Medium & High-duty Truck Market Outlook, By CNG (2024-2032) ($MN)
  • Table 10 Global Light Commercial Vehicle and Medium & High-duty Truck Market Outlook, By Electric (2024-2032) ($MN)
  • Table 11 Global Light Commercial Vehicle and Medium & High-duty Truck Market Outlook, By Hydrogen Fuel Cell (2024-2032) ($MN)
  • Table 12 Global Light Commercial Vehicle and Medium & High-duty Truck Market Outlook, By Tonnage (2024-2032) ($MN)
  • Table 13 Global Light Commercial Vehicle and Medium & High-duty Truck Market Outlook, By Up to 2.5 Ton (2024-2032) ($MN)
  • Table 14 Global Light Commercial Vehicle and Medium & High-duty Truck Market Outlook, By 2.6-7.5 Ton (2024-2032) ($MN)
  • Table 15 Global Light Commercial Vehicle and Medium & High-duty Truck Market Outlook, By 7.6-16 Ton (2024-2032) ($MN)
  • Table 16 Global Light Commercial Vehicle and Medium & High-duty Truck Market Outlook, By Above 16 Ton (2024-2032) ($MN)
  • Table 17 Global Light Commercial Vehicle and Medium & High-duty Truck Market Outlook, By Engine Capacity (2024-2032) ($MN)
  • Table 18 Global Light Commercial Vehicle and Medium & High-duty Truck Market Outlook, By <2.5L (2024-2032) ($MN)
  • Table 19 Global Light Commercial Vehicle and Medium & High-duty Truck Market Outlook, By 2.5L-4L (2024-2032) ($MN)
  • Table 20 Global Light Commercial Vehicle and Medium & High-duty Truck Market Outlook, By 4L-7L (2024-2032) ($MN)
  • Table 21 Global Light Commercial Vehicle and Medium & High-duty Truck Market Outlook, By >7L (2024-2032) ($MN)
  • Table 22 Global Light Commercial Vehicle and Medium & High-duty Truck Market Outlook, By Transmission Type (2024-2032) ($MN)
  • Table 23 Global Light Commercial Vehicle and Medium & High-duty Truck Market Outlook, By Manual Transmission (2024-2032) ($MN)
  • Table 24 Global Light Commercial Vehicle and Medium & High-duty Truck Market Outlook, By Automatic Transmission (AMT) (2024-2032) ($MN)
  • Table 25 Global Light Commercial Vehicle and Medium & High-duty Truck Market Outlook, By Fully Automatic Transmission (2024-2032) ($MN)
  • Table 26 Global Light Commercial Vehicle and Medium & High-duty Truck Market Outlook, By Electric Drive (2024-2032) ($MN)
  • Table 27 Global Light Commercial Vehicle and Medium & High-duty Truck Market Outlook, By Application (2024-2032) ($MN)
  • Table 28 Global Light Commercial Vehicle and Medium & High-duty Truck Market Outlook, By Urban Delivery & Last-Mile Logistics (2024-2032) ($MN)
  • Table 29 Global Light Commercial Vehicle and Medium & High-duty Truck Market Outlook, By Intercity Freight & Cargo (2024-2032) ($MN)
  • Table 30 Global Light Commercial Vehicle and Medium & High-duty Truck Market Outlook, By Heavy Haulage & Bulk Transport (2024-2032) ($MN)
  • Table 31 Global Light Commercial Vehicle and Medium & High-duty Truck Market Outlook, By Construction & Mining Operations (2024-2032) ($MN)
  • Table 32 Global Light Commercial Vehicle and Medium & High-duty Truck Market Outlook, By Municipal & Utility Services (2024-2032) ($MN)
  • Table 33 Global Light Commercial Vehicle and Medium & High-duty Truck Market Outlook, By Agricultural Transport (2024-2032) ($MN)

Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.