The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com
Global Light Duty Vehicle Market Research Report 2025
Synopsis
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.
The global Light Duty Vehicle market was valued at US$ 644340 million in 2023 and is anticipated to reach US$ 995700 million by 2030, witnessing a CAGR of 6.3% during the forecast period 2024-2030.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
This report aims to provide a comprehensive presentation of the global market for Light Duty Vehicle, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Light Duty Vehicle.
Report Scope
The Light Duty Vehicle market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Light Duty Vehicle market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Light Duty Vehicle manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
General Motors
Toyota
Ford
Honda Motors
FCA
Hyundai
Nissan
BMW
Subaru Corporation
Daimler
Segment by Type
Automatic Transmission
Manual Transmission
Continuous Variable Transmission
Segment by Application
Fuel Car
Electric Cars
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Light Duty Vehicle manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Light Duty Vehicle by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Light Duty Vehicle in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
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.
The global Light Duty Vehicle market was valued at US$ 644340 million in 2023 and is anticipated to reach US$ 995700 million by 2030, witnessing a CAGR of 6.3% during the forecast period 2024-2030.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
This report aims to provide a comprehensive presentation of the global market for Light Duty Vehicle, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Light Duty Vehicle.
Report Scope
The Light Duty Vehicle market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Light Duty Vehicle market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Light Duty Vehicle manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
General Motors
Toyota
Ford
Honda Motors
FCA
Hyundai
Nissan
BMW
Subaru Corporation
Daimler
Segment by Type
Automatic Transmission
Manual Transmission
Continuous Variable Transmission
Segment by Application
Fuel Car
Electric Cars
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Light Duty Vehicle manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Light Duty Vehicle by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Light Duty Vehicle in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Light Duty Vehicle Market Overview
1.1 Product Definition
1.2 Light Duty Vehicle Segment by Type
1.2.1 Global Light Duty Vehicle Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Automatic Transmission
1.2.3 Manual Transmission
1.2.4 Continuous Variable Transmission
1.3 Light Duty Vehicle Segment by Application
1.3.1 Global Light Duty Vehicle Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Fuel Car
1.3.3 Electric Cars
1.4 Global Market Growth Prospects
1.4.1 Global Light Duty Vehicle Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Light Duty Vehicle Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Light Duty Vehicle Production Estimates and Forecasts (2019-2030)
1.4.4 Global Light Duty Vehicle Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Light Duty Vehicle Production Market Share by Manufacturers (2019-2024)
2.2 Global Light Duty Vehicle Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Light Duty Vehicle, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Light Duty Vehicle Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Light Duty Vehicle Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Light Duty Vehicle, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Light Duty Vehicle, Product Offered and Application
2.8 Global Key Manufacturers of Light Duty Vehicle, Date of Enter into This Industry
2.9 Light Duty Vehicle Market Competitive Situation and Trends
2.9.1 Light Duty Vehicle Market Concentration Rate
2.9.2 Global 5 and 10 Largest Light Duty Vehicle Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Light Duty Vehicle Production by Region
3.1 Global Light Duty Vehicle Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Light Duty Vehicle Production Value by Region (2019-2030)
3.2.1 Global Light Duty Vehicle Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Light Duty Vehicle by Region (2025-2030)
3.3 Global Light Duty Vehicle Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Light Duty Vehicle Production by Region (2019-2030)
3.4.1 Global Light Duty Vehicle Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Light Duty Vehicle by Region (2025-2030)
3.5 Global Light Duty Vehicle Market Price Analysis by Region (2019-2024)
3.6 Global Light Duty Vehicle Production and Value, Year-over-Year Growth
3.6.1 North America Light Duty Vehicle Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Light Duty Vehicle Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Light Duty Vehicle Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Light Duty Vehicle Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Light Duty Vehicle Production Value Estimates and Forecasts (2019-2030)
3.6.6 India Light Duty Vehicle Production Value Estimates and Forecasts (2019-2030)
4 Light Duty Vehicle Consumption by Region
4.1 Global Light Duty Vehicle Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Light Duty Vehicle Consumption by Region (2019-2030)
4.2.1 Global Light Duty Vehicle Consumption by Region (2019-2024)
4.2.2 Global Light Duty Vehicle Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Light Duty Vehicle Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Light Duty Vehicle Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Light Duty Vehicle Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Light Duty Vehicle Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Light Duty Vehicle Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Light Duty Vehicle Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Light Duty Vehicle Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Light Duty Vehicle Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Light Duty Vehicle Production by Type (2019-2030)
5.1.1 Global Light Duty Vehicle Production by Type (2019-2024)
5.1.2 Global Light Duty Vehicle Production by Type (2025-2030)
5.1.3 Global Light Duty Vehicle Production Market Share by Type (2019-2030)
5.2 Global Light Duty Vehicle Production Value by Type (2019-2030)
5.2.1 Global Light Duty Vehicle Production Value by Type (2019-2024)
5.2.2 Global Light Duty Vehicle Production Value by Type (2025-2030)
5.2.3 Global Light Duty Vehicle Production Value Market Share by Type (2019-2030)
5.3 Global Light Duty Vehicle Price by Type (2019-2030)
6 Segment by Application
6.1 Global Light Duty Vehicle Production by Application (2019-2030)
6.1.1 Global Light Duty Vehicle Production by Application (2019-2024)
6.1.2 Global Light Duty Vehicle Production by Application (2025-2030)
6.1.3 Global Light Duty Vehicle Production Market Share by Application (2019-2030)
6.2 Global Light Duty Vehicle Production Value by Application (2019-2030)
6.2.1 Global Light Duty Vehicle Production Value by Application (2019-2024)
6.2.2 Global Light Duty Vehicle Production Value by Application (2025-2030)
6.2.3 Global Light Duty Vehicle Production Value Market Share by Application (2019-2030)
6.3 Global Light Duty Vehicle Price by Application (2019-2030)
7 Key Companies Profiled
7.1 General Motors
7.1.1 General Motors Light Duty Vehicle Corporation Information
7.1.2 General Motors Light Duty Vehicle Product Portfolio
7.1.3 General Motors Light Duty Vehicle Production, Value, Price and Gross Margin (2019-2024)
7.1.4 General Motors Main Business and Markets Served
7.1.5 General Motors Recent Developments/Updates
7.2 Toyota
7.2.1 Toyota Light Duty Vehicle Corporation Information
7.2.2 Toyota Light Duty Vehicle Product Portfolio
7.2.3 Toyota Light Duty Vehicle Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Toyota Main Business and Markets Served
7.2.5 Toyota Recent Developments/Updates
7.3 Ford
7.3.1 Ford Light Duty Vehicle Corporation Information
7.3.2 Ford Light Duty Vehicle Product Portfolio
7.3.3 Ford Light Duty Vehicle Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Ford Main Business and Markets Served
7.3.5 Ford Recent Developments/Updates
7.4 Honda Motors
7.4.1 Honda Motors Light Duty Vehicle Corporation Information
7.4.2 Honda Motors Light Duty Vehicle Product Portfolio
7.4.3 Honda Motors Light Duty Vehicle Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Honda Motors Main Business and Markets Served
7.4.5 Honda Motors Recent Developments/Updates
7.5 FCA
7.5.1 FCA Light Duty Vehicle Corporation Information
7.5.2 FCA Light Duty Vehicle Product Portfolio
7.5.3 FCA Light Duty Vehicle Production, Value, Price and Gross Margin (2019-2024)
7.5.4 FCA Main Business and Markets Served
7.5.5 FCA Recent Developments/Updates
7.6 Hyundai
7.6.1 Hyundai Light Duty Vehicle Corporation Information
7.6.2 Hyundai Light Duty Vehicle Product Portfolio
7.6.3 Hyundai Light Duty Vehicle Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Hyundai Main Business and Markets Served
7.6.5 Hyundai Recent Developments/Updates
7.7 Nissan
7.7.1 Nissan Light Duty Vehicle Corporation Information
7.7.2 Nissan Light Duty Vehicle Product Portfolio
7.7.3 Nissan Light Duty Vehicle Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Nissan Main Business and Markets Served
7.7.5 Nissan Recent Developments/Updates
7.8 BMW
7.8.1 BMW Light Duty Vehicle Corporation Information
7.8.2 BMW Light Duty Vehicle Product Portfolio
7.8.3 BMW Light Duty Vehicle Production, Value, Price and Gross Margin (2019-2024)
7.8.4 BMW Main Business and Markets Served
7.7.5 BMW Recent Developments/Updates
7.9 Subaru Corporation
7.9.1 Subaru Corporation Light Duty Vehicle Corporation Information
7.9.2 Subaru Corporation Light Duty Vehicle Product Portfolio
7.9.3 Subaru Corporation Light Duty Vehicle Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Subaru Corporation Main Business and Markets Served
7.9.5 Subaru Corporation Recent Developments/Updates
7.10 Daimler
7.10.1 Daimler Light Duty Vehicle Corporation Information
7.10.2 Daimler Light Duty Vehicle Product Portfolio
7.10.3 Daimler Light Duty Vehicle Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Daimler Main Business and Markets Served
7.10.5 Daimler Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Light Duty Vehicle Industry Chain Analysis
8.2 Light Duty Vehicle Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Light Duty Vehicle Production Mode & Process
8.4 Light Duty Vehicle Sales and Marketing
8.4.1 Light Duty Vehicle Sales Channels
8.4.2 Light Duty Vehicle Distributors
8.5 Light Duty Vehicle Customers
9 Light Duty Vehicle Market Dynamics
9.1 Light Duty Vehicle Industry Trends
9.2 Light Duty Vehicle Market Drivers
9.3 Light Duty Vehicle Market Challenges
9.4 Light Duty Vehicle Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
Why ‘The Market Reports’
In Business:
Pre Sales Support:
Post Sales Support:
Turn Around Time:
Clients Served:
Clients Assisted:
Client Types:
Payment:
- Accept global payments [Credit Card / PayPal / Wire Transfer]
- Accept local payments in South Korea, Germany, China and India [Can pay in local currency]
Latest Automotive Market Reports
Payments Accepted From
Connect with us at
Complete Secure Website
