Global Light Duty Vehicle Market Growth 2023-2029

Global Light Duty Vehicle Market Growth 2023-2029

A Light Duty Vehicle is a car with a total quality of no more than 4.5t, no more than 9 passengers (including drivers) or a length of no more than 6m.

LPI (LP Information)' newest research report, the “Light Duty Vehicle Industry Forecast” looks at past sales and reviews total world Light Duty Vehicle sales in 2022, providing a comprehensive analysis by region and market sector of projected Light Duty Vehicle sales for 2023 through 2029. With Light Duty Vehicle sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Light Duty Vehicle industry.

This Insight Report provides a comprehensive analysis of the global Light Duty Vehicle landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Light Duty Vehicle portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Light Duty Vehicle market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Light Duty Vehicle and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Light Duty Vehicle.

The global Light Duty Vehicle market size is projected to grow from US$ 630330 million in 2022 to US$ 981800 million in 2029; it is expected to grow at a CAGR of 981800 from 2023 to 2029.

Continuous Variable Transmission (CVT) is the fastest growing segment in transmission systems.

This report presents a comprehensive overview, market shares, and growth opportunities of Light Duty Vehicle market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Automatic Transmission
Manual Transmission
Continuous Variable Transmission

Segmentation by application
Fuel Car
Electric Cars

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
General Motors
Toyota
Ford
Honda Motors
FCA
Hyundai
Nissan
BMW
Subaru Corporation
Daimler

Key Questions Addressed in this Report

What is the 10-year outlook for the global Light Duty Vehicle market?

What factors are driving Light Duty Vehicle market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Light Duty Vehicle market opportunities vary by end market size?

How does Light Duty Vehicle break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.