Lcv europe market segmentation and major players analysis 2020

The LCV market in Europe is expected to register a revenue $X billion by the end of 2020, growing at a CAGR of 5.45% during the forecast period. Francesca battistelli write your story France, UK, Germany are some of the major LCV markets, owing to their commercial and economic importance in the region. How to pitch a slider LCVs cover the portfolio of all light vehicles, which are used for commercial application and have a gross vehicle weight of lower than 3.5 tones. Daily fantasy baseball Within all the commercial vehicles in Europe, LCV segment constitutes more than 85% of the market by the end of 2015. Beach landscape The growing concern for fuel economy and the stringency for compliance in the emission levels, is compelling the OEMs to shift towards a portfolio of lighter vehicles for commercial purposes. Facebook desktop site In addition, increased demand for logistics market, especially from the retail segment would foster significant development.

The market is segmented on the basis of vehicle type (pickup-van, pickup-trucks, and others) engine type (gasoline- diesel, petrol, LPG; electric vehicles and others), end consumer type (fleet owners, load carriers, Governments, and others) and by countries (Germany, France, UK, Italy, Spain, and others). Softball logos Among the vehicle type, pickup vans are expected to dominate the market in the forecast period, with fleet owners aiming to downsize their fleet, in terms of weight. Garden bed ideas for front of house There has been a trend in the increase of fleet size for pickup vans, due to the fleet owners optimizing the use of LCVs for their commercial applications. Fencing classes Among the consumer segment, the demand for LCVs form the load carrier- segment is expected to receive the maximum growth rate-more than 13%, owing to the demand and upturn from the manufacturing segment.

Pinch hitter 3 unblocked Volvo, Daimler, MAN, Renault, Peugeot Citroen are some of the leading manufacturers in the Europe LCV market.

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