Light Duty Vehicle Market is grow at a CAGR 9.32% in the forecast 2021 to 2028.
Light Duty Vehicle Market Scope and Size
• The light duty vehicle market on the basis of type has been segmented into passenger car, van, SUV and pickup truck. Passenger car segment holds the significant market share of the market, and expected to have a steady growth over the period due to rising adoption of passenger car by incumbents in tourism industry.
• Based on fuel type, global light duty vehicle market has been segmented into diesel, gasoline, hybrid and electric. Gasoline segment is likely to dominate the light duty vehicle market, as the vehicle with gasoline fuel type emits less carbon emission as compared to the diesel vehicle. However, electric vehicle segment is estimated to register the higher CAGR throughout the forecast period.
• Based on transmission, global light duty vehicle market has been segmented into FWD (four wheel drive), RWD (rear wheel drive), 4WD (4 wheel drive) and AWD (all-wheel drive). RWD (rear wheel drive) is the mostly used in the light duty vehicles, especially in passenger vehicles. As rear wheel drive helps in enhancing the traction and balancing the car, these features are likely to drive the growth of the light duty vehicle market.
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Global Light Duty Vehicle Market Country Level Analysis
Light duty vehicle market is analysed and market size, volume information is provided by country, type, fuel type, transmission as referenced above.

The countries covered in the market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Competitive Landscape and Light Duty Vehicle Market Share Analysis
Light duty vehicle market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to light duty vehicle market.
MAJOR TOC OF THE REPORT
Chapter One: Light Duty Vehicle Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three : Light Duty Vehicle Market Competition, by Players
Chapter Four: Global Light Duty Vehicle Market Size by Regions
Chapter Five: North Light Duty Vehicle Market by Countries
Chapter Six: Europe Light Duty Vehicle Market Revenue by Countries
Chapter Seven: Asia-Pacific Light Duty Vehicle Market Revenue by Countries
Chapter Eight: South America Light Duty Vehicle Market Revenue by Countries
Chapter Nine: Middle East and Light Duty Vehicle Market Revenue Equipment by Countries
Chapter Ten: Global Light Duty Vehicle Market Segment by Type
Chapter Eleven: Global Light Duty Vehicle Market Segment by Application
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The major players covered in the light duty vehicle market report are Nissan, ISUZU MOTORS LIMITED, BMW AG, Daimler AG, Fiat Chrysler Automobiles, Ford Motor Company, General Motors, Honda Motor Co., Ltd., Hyundai Motor Company, Tata Motors Limited, SUBARU CORPORATION, TOYOTA MOTOR CORPORATION, ASTON MARTIN, Volkswagen AG, Ferrari S.p.A., AB Volvo, MITSUBISHI MOTORS CORPORATION, Mazda Motor Corporation, SUBARU CORPORATION among some global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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