Global Pickup Truck Market Growth 2023-2029
A Pickup Truck is a light duty truck having an enclosed cab and an open cargo area with low sides and tailgate. It came from US, possessing the comfortable feeling like passenger car. Also, having strong power, pickup truck can carry more and adapt to the rough road.
LPI (LP Information)' newest research report, the “Pickup Truck Industry Forecast” looks at past sales and reviews total world Pickup Truck sales in 2022, providing a comprehensive analysis by region and market sector of projected Pickup Truck sales for 2023 through 2029. With Pickup Truck sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Pickup Truck industry.
This Insight Report provides a comprehensive analysis of the global Pickup Truck 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 Pickup Truck portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Pickup Truck market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Pickup Truck 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 Pickup Truck.
The global Pickup Truck market size is projected to grow from US$ 173590 million in 2022 to US$ 218170 million in 2029; it is expected to grow at a CAGR of 218170 from 2023 to 2029.
The major players in global Pickup Truck market include Ford, GM, Toyota, etc. The top 3 players hold over 60% of global market shares. North America and Southeast Asia are main markets, they occupy over 70% of the global market. Full-Size Pickups is the main type, with a share about 80%. Individual Use is the key application, which hold over 80% shares.
This report presents a comprehensive overview, market shares, and growth opportunities of Pickup Truck market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Full-Size Pickups
Small/Midsize Pickups
Other
Segmentation by application
Individual Use
Commercial Use
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.
Ford
GM
Toyota
FCA
Isuzu
Nissan
Mitsubishi
Mahindra & Mahindra
Volkswagen
Great Wall Motors
Jiangling Motors
ZXAUTO
Tata Motors
Ashok Leyland
Foton Motor
Key Questions Addressed in this Report
What is the 10-year outlook for the global Pickup Truck market?
What factors are driving Pickup Truck market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Pickup Truck market opportunities vary by end market size?
How does Pickup Truck 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.
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