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Global Light Commercial Vehicle Market Outlook Report 2019 - ResearchAndMarkets.com

April 10, 2019

DUBLIN--(BUSINESS WIRE)--Apr 10, 2019--The “Global Light Commercial Vehicle Market Outlook, 2019” report has been added to ResearchAndMarkets.com’s offering.

Global LD Trucks and Pick Up Sales to hit 6.7 million and 5.6 million respectively in 2019. North America, India, Latin America, China, Japan, and Korea will lead the growth of the global LCV market, while the US leads the pickup sales, China is the clear leader in the LD Trucks segment.

The demand for electric light-duty trucks will surge globally with the roll-out of strict emission regulations. New emission regulations, rising oil price and government incentives for EVs will strongly support the penetration of eLCVs in China, Europe, and North America. PSA group, Volkswagen, Daimler, and Ford are anticipated to launch new eLCVs in 2019. North America continues to be the hub for pick up trucks with a 60% share of the global pick up sales in 2018. As a result, North America’s share in the overall Light commercial vehicle (LCV) market stood at 31.1% while China had a share of about 24.6% in 2018.

India and LATAM will be the key growth markets for the LCV market in 2019 with 10.8% and 9% growth rates respectively. Global LCV market is expected to grow at a moderate pace at the rate of 4.8% from 2018 to 2019, with the tremendous increase in trade and transportation in the emerging markets like India, Latin America, Asia Pacific, and China.

Pick up trucks which are most popular in the US and Canada are finding widespread acceptance in other regions as well. South Korea and Japan, although have an OEMs manufacturing pickups in other regions, are introducing pick up models in their home countries. A number of investment announcements have also been made about OEMs regarding the electrification of pick up trucks.

Aggressive growth in sensor technologies, artificial intelligence, maps, and advanced computing capabilities are paving the way for autonomous driving in the LCV market. With major OEMs already working towards L3 level of automation, LCV OEMs are set to follow suit. Majority of the LCVs sold are expected to have fleet tracking, preventive maintenance, navigation and safety alerts as standard telematics features especially in the developed regions, however, emerging regions are also expected to adopt telematics solutions in a big way. Innovations in last mile delivery and passenger transportation are set to bring out new applications for the use of LCVs. With the increase in supply chain complexity and service requirements, last mile delivery is evolving dynamically to meet the customer demands.

Electric and autonomous LCVs will play a crucial role in this regard. A large portion of the dynamic shuttles which are a part of on-demand passenger transportation will be based on LCV platforms. LCV OEMs will leverage their technological know-how in the passenger vehicle segment in terms of powertrain, and light-weighting strategies. Most of the OEMs such as Renault-Nissan, Volkswagen and Daimler are working on building common platforms for some LCVs and passenger vehicles to reduce lead times and save on development costs.

Key Topics Covered:

1. Executive Summary

  • 2018 - Key Highlights
  • Global GDP and LCV Market - Growth Outlook 2019
  • Global LCV Market Forecast - Overview
  • Snapshot of the Global LCV Market in 2018
  • Top Trends in the LCV Market - 2018
  • Top 5 Predictions of 2019

2. Research Scope, Objectives, Background, and Methodology

  • Research Scope
  • Research Aims and Objectives
  • Key Questions this Study will Answer
  • Research Background
  • Research Methodology
  • Key OEMs Compared in this Study

3. 2019 Global Economic Outlook

  • Top 2018 Global Economic Trends
  • Top 2019 Global Economic Predictions
  • Top 2019 Predictions - Advanced Economies
  • Top 2019 Predictions - Emerging Economies
  • World GDP Growth Snapshot
  • World’s 20 Fastest Growing Economies in 2018 and 2019

4. Global LCV Market Outlook

  • Global LCV Market Forecast - Overview
  • Global LCV Market Forecast - By Weight Segment
  • Global Pick Up Market Forecast - By Weight Segment
  • Global LCV Sales of Top 20 OEM Groups
  • Global Pickup Sales of Top 10 OEM Groups
  • Key Regional Markets - North America and Europe
  • Key Regional Markets - Latin America and Russia
  • Key Regional Markets - India and China

5. Powertrain Strategies

  • Top Combustion Engine Powertrain Trends for 2019 and Beyond
  • Regional Strategy for Testing Procedures
  • Emission Reduction and Fuel Efficiency Targets of Key OEMs
  • Emission and Fuel Efficiency Targets in Key Regions
  • China Tailpipe and Greenhouse Gas (GHG)/Fuel Efficiency Regulations
  • LCV Powertrain Technologies
  • LCV Diesel Exhaust After-treatment Technology Roadmap
  • Advanced Combustion Engine Tech Progression for Key OEMs

6. Electric LCV Market Outlook

  • Technology Advancements Aiding Electric LCVs
  • Factors Driving Electrification
  • Top Challenges in the Adoption of Electric LCVs
  • Future eLCV Strategy of Key OEMs
  • Global eLCV Market Forecast - 2025
  • eLCV Platforms of Key OEMs
  • Anticipated eLCV Launches by Key OEMs in 2019 and Beyond
  • Overview of Incentives - Global
  • Geographical Distribution of Charging Stations
  • CHAdeMO Charging
  • Charging Interface Initiative (CHARIN)
  • CEC and CHAdeMO Collaboration on Ultra-fast Charging Standard
  • Battery Production Scenario - Regional Overview

7. LCV Lightweighting Strategies

  • Key OEMs Carbon Emission Targets through Lightweighting
  • Lightweighting Strategies - Customized Approach
  • Key OEM Lightweighting Strategies
  • Lightweighting - Future Outlook

8. Autonomous Vehicle Technologies

  • Autonomous Vehicle - Key Influencing Trends
  • Levels of Vehicle Automation
  • Major Trends Impacting the Autonomous Driving Market - 2018
  • Autonomous/Connected Technology - Key Players
  • Case Study - Workhorse: UPS, Autonomous Cargo Delivery
  • Autonomous Passenger Shuttles - Technology Trends
  • Autonomous Passenger Shuttle Pilot Projects
  • Autonomous Vehicle Technology - OEM Focus and Future Roadmap

9. Last Mile Delivery Innovations

  • Shift in Last Mile Delivery
  • eCommerce Logistics Value Chain
  • Delivery Bots/ Ground Drones
  • Delivery Bots Use Cases
  • Comparison of Delivery Bots, LCVs and Drones

10. Innovation in Last Mile Passenger Transportation

  • The Concept of Demand Responsive Transit (DRT)
  • DRT - Future Vehicle Design
  • Dynamic Passenger Shuttles
  • Autonomous Passenger Shuttles
  • Demand Responsive Transit - Key 2018 Highlights and 2019 Outlook

11. Connected LCV Telematics - Key Developments

  • LCV Telematics Solution Types
  • LCV Telematics - Key Features
  • Trend 1 - Growing Demand for Field Service Management
  • Trend 2 - LCV OEMs Increasing Focus in Telematics Market
  • Trend 3 - Rising Favour of Portable Solutions (Services and Maintenance)
  • Trend 4 - Open Architecture Software Platform
  • Global LCV OEMs’ Connected Truck Solutions - A Snapshot
  • Key Third-party Telematics Service Providers - Overview
  • OEM Solutions and Dedicated Providers - Synergy Developments
  • Roadmap of Key Telematics Services to Integrate

12. Growth Opportunities and Companies to Action

  • Growth Opportunity
  • Strategic Imperatives for LCV Market

13. Key Conclusions and Future Outlook

14. Appendix

Companies Mentioned

  • Daimler
  • Ford
  • PSA group
  • Renault-Nissan
  • UPS
  • Volkswagen
  • Workhorse

For more information about this report visit https://www.researchandmarkets.com/r/mk3e59

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Related Topics:Commercial Vehicles

KEYWORD:

INDUSTRY KEYWORD: AUTOMOTIVE OFF-ROAD TRUCKS & SUVS

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 04/10/2019 07:00 AM/DISC: 04/10/2019 07:00 AM

http://www.businesswire.com/news/home/20190410005445/en