

Light trucks are the trucks or truck-based vehicles which have a payload capacity of less than 4,000 pounds or 1,815 kg. These trucks in the U.S. are known as light-duty trucks and in the European countries similar vehicles are popularly known as light commercial vehicle.
The global Light Trucks market size is projected to grow from US$ million in 2023 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.
The “Light Trucks Industry Forecast” looks at past sales and reviews total world Light Trucks sales in 2023, providing a comprehensive analysis by region and market sector of projected Light Trucks sales for 2024 through 2030. With Light Trucks sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Light Trucks industry.
This Insight Report provides a comprehensive analysis of the global Light Trucks 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 Trucks portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Light Trucks market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Light Trucks 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 Trucks.
The light trucks market is bifurcated into light commercial vehicles (LCVs) and light buses and coaches (LBCs) weighing up to 3.5 tons. Light commercial vehicle holds the major market share followed by light buses and coaches segment.
This report presents a comprehensive overview, market shares, and growth opportunities of Light Trucks market by product type, application, key manufacturers and key regions and countries.
Segmentation by type
Light Commercial Vehicles (LCVs)
Light Buses and Coaches (LBCs)
Segmentation by application
Government Sectors
Industrial Sectors
Commercial Sectors
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.
Fiat
Daimler AG
Ford Motor
BMW AG
General Motors
Mitsubishi Motors
Toyota Motor
Tata Motors
Ashok Leyland
Honda Motor
Subaru of America
Hyundai Motor Company
Volkswagen AG
Key Questions Addressed in this Report
What is the 10-year outlook for the global Light Trucks market?
What factors are driving Light Trucks market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Light Trucks market opportunities vary by end market size?
How does Light Trucks break out type, application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Light Trucks Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Light Trucks by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Light Trucks by Country/Region, 2019, 2023 & 2030
2.2 Light Trucks Segment by Type
2.2.1 Light Commercial Vehicles (LCVs)
2.2.2 Light Buses and Coaches (LBCs)
2.3 Light Trucks Sales by Type
2.3.1 Global Light Trucks Sales Market Share by Type (2019-2024)
2.3.2 Global Light Trucks Revenue and Market Share by Type (2019-2024)
2.3.3 Global Light Trucks Sale Price by Type (2019-2024)
2.4 Light Trucks Segment by Application
2.4.1 Government Sectors
2.4.2 Industrial Sectors
2.4.3 Commercial Sectors
2.5 Light Trucks Sales by Application
2.5.1 Global Light Trucks Sale Market Share by Application (2019-2024)
2.5.2 Global Light Trucks Revenue and Market Share by Application (2019-2024)
2.5.3 Global Light Trucks Sale Price by Application (2019-2024)
3 Global Light Trucks by Company
3.1 Global Light Trucks Breakdown Data by Company
3.1.1 Global Light Trucks Annual Sales by Company (2019-2024)
3.1.2 Global Light Trucks Sales Market Share by Company (2019-2024)
3.2 Global Light Trucks Annual Revenue by Company (2019-2024)
3.2.1 Global Light Trucks Revenue by Company (2019-2024)
3.2.2 Global Light Trucks Revenue Market Share by Company (2019-2024)
3.3 Global Light Trucks Sale Price by Company
3.4 Key Manufacturers Light Trucks Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Light Trucks Product Location Distribution
3.4.2 Players Light Trucks Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Light Trucks by Geographic Region
4.1 World Historic Light Trucks Market Size by Geographic Region (2019-2024)
4.1.1 Global Light Trucks Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Light Trucks Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Light Trucks Market Size by Country/Region (2019-2024)
4.2.1 Global Light Trucks Annual Sales by Country/Region (2019-2024)
4.2.2 Global Light Trucks Annual Revenue by Country/Region (2019-2024)
4.3 Americas Light Trucks Sales Growth
4.4 APAC Light Trucks Sales Growth
4.5 Europe Light Trucks Sales Growth
4.6 Middle East & Africa Light Trucks Sales Growth
5 Americas
5.1 Americas Light Trucks Sales by Country
5.1.1 Americas Light Trucks Sales by Country (2019-2024)
5.1.2 Americas Light Trucks Revenue by Country (2019-2024)
5.2 Americas Light Trucks Sales by Type
5.3 Americas Light Trucks Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Light Trucks Sales by Region
6.1.1 APAC Light Trucks Sales by Region (2019-2024)
6.1.2 APAC Light Trucks Revenue by Region (2019-2024)
6.2 APAC Light Trucks Sales by Type
6.3 APAC Light Trucks Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Light Trucks by Country
7.1.1 Europe Light Trucks Sales by Country (2019-2024)
7.1.2 Europe Light Trucks Revenue by Country (2019-2024)
7.2 Europe Light Trucks Sales by Type
7.3 Europe Light Trucks Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Light Trucks by Country
8.1.1 Middle East & Africa Light Trucks Sales by Country (2019-2024)
8.1.2 Middle East & Africa Light Trucks Revenue by Country (2019-2024)
8.2 Middle East & Africa Light Trucks Sales by Type
8.3 Middle East & Africa Light Trucks Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Light Trucks
10.3 Manufacturing Process Analysis of Light Trucks
10.4 Industry Chain Structure of Light Trucks
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Light Trucks Distributors
11.3 Light Trucks Customer
12 World Forecast Review for Light Trucks by Geographic Region
12.1 Global Light Trucks Market Size Forecast by Region
12.1.1 Global Light Trucks Forecast by Region (2025-2030)
12.1.2 Global Light Trucks Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Light Trucks Forecast by Type
12.7 Global Light Trucks Forecast by Application
13 Key Players Analysis
13.1 Fiat
13.1.1 Fiat Company Information
13.1.2 Fiat Light Trucks Product Portfolios and Specifications
13.1.3 Fiat Light Trucks Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Fiat Main Business Overview
13.1.5 Fiat Latest Developments
13.2 Daimler AG
13.2.1 Daimler AG Company Information
13.2.2 Daimler AG Light Trucks Product Portfolios and Specifications
13.2.3 Daimler AG Light Trucks Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Daimler AG Main Business Overview
13.2.5 Daimler AG Latest Developments
13.3 Ford Motor
13.3.1 Ford Motor Company Information
13.3.2 Ford Motor Light Trucks Product Portfolios and Specifications
13.3.3 Ford Motor Light Trucks Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Ford Motor Main Business Overview
13.3.5 Ford Motor Latest Developments
13.4 BMW AG
13.4.1 BMW AG Company Information
13.4.2 BMW AG Light Trucks Product Portfolios and Specifications
13.4.3 BMW AG Light Trucks Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 BMW AG Main Business Overview
13.4.5 BMW AG Latest Developments
13.5 General Motors
13.5.1 General Motors Company Information
13.5.2 General Motors Light Trucks Product Portfolios and Specifications
13.5.3 General Motors Light Trucks Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 General Motors Main Business Overview
13.5.5 General Motors Latest Developments
13.6 Mitsubishi Motors
13.6.1 Mitsubishi Motors Company Information
13.6.2 Mitsubishi Motors Light Trucks Product Portfolios and Specifications
13.6.3 Mitsubishi Motors Light Trucks Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 Mitsubishi Motors Main Business Overview
13.6.5 Mitsubishi Motors Latest Developments
13.7 Toyota Motor
13.7.1 Toyota Motor Company Information
13.7.2 Toyota Motor Light Trucks Product Portfolios and Specifications
13.7.3 Toyota Motor Light Trucks Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Toyota Motor Main Business Overview
13.7.5 Toyota Motor Latest Developments
13.8 Tata Motors
13.8.1 Tata Motors Company Information
13.8.2 Tata Motors Light Trucks Product Portfolios and Specifications
13.8.3 Tata Motors Light Trucks Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Tata Motors Main Business Overview
13.8.5 Tata Motors Latest Developments
13.9 Ashok Leyland
13.9.1 Ashok Leyland Company Information
13.9.2 Ashok Leyland Light Trucks Product Portfolios and Specifications
13.9.3 Ashok Leyland Light Trucks Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 Ashok Leyland Main Business Overview
13.9.5 Ashok Leyland Latest Developments
13.10 Honda Motor
13.10.1 Honda Motor Company Information
13.10.2 Honda Motor Light Trucks Product Portfolios and Specifications
13.10.3 Honda Motor Light Trucks Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 Honda Motor Main Business Overview
13.10.5 Honda Motor Latest Developments
13.11 Subaru of America
13.11.1 Subaru of America Company Information
13.11.2 Subaru of America Light Trucks Product Portfolios and Specifications
13.11.3 Subaru of America Light Trucks Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 Subaru of America Main Business Overview
13.11.5 Subaru of America Latest Developments
13.12 Hyundai Motor Company
13.12.1 Hyundai Motor Company Company Information
13.12.2 Hyundai Motor Company Light Trucks Product Portfolios and Specifications
13.12.3 Hyundai Motor Company Light Trucks Sales, Revenue, Price and Gross Margin (2019-2024)
13.12.4 Hyundai Motor Company Main Business Overview
13.12.5 Hyundai Motor Company Latest Developments
13.13 Volkswagen AG
13.13.1 Volkswagen AG Company Information
13.13.2 Volkswagen AG Light Trucks Product Portfolios and Specifications
13.13.3 Volkswagen AG Light Trucks Sales, Revenue, Price and Gross Margin (2019-2024)
13.13.4 Volkswagen AG Main Business Overview
13.13.5 Volkswagen AG Latest Developments
14 Research Findings and Conclusion
*If Applicable.