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Global Mini Truck Market 2018-2022

Global Mini Truck Market 2018-2022

About Mini Truck

Mini trucks are mainly classified as commercial trucks having a gross vehicle weight of up to 3.5 tons

Technavio’s analysts forecast the global mini truck market to grow at a CAGR of 1.20% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global mini truck market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Mini Truck Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Ashok Leyland
  • Dongfeng Motor
  • Honda Motor
  • NISSAN MOTOR
  • Tata Motors
  • Wuling Motor
Market driver
  • Mini truck pooling and renting
  • For a full, detailed list, view our report
Market challenge
  • Limited features of mini trucks
  • For a full, detailed list, view our report
Market trend
  • Introduction of electric and hybrid mini trucks
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Mini Truck Market 2018-2022

Technavio recognizes the following companies as the key players in the global mini truck market: Ashok Leyland, Dongfeng Motor, Honda Motor, NISSAN MOTOR, Tata Motors, and Wuling Motor.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is introduction of electric and hybrid mini trucks. The mini truck manufacturers are investing heavily in the development of electric mini trucks owing to the government motivation and rising need for eco-friendly mobility. The demand for the electric mini truck is increasing as they are economical in terms of operational costs as compared with diesel or gasoline-electric trucks.”

According to the report, one driver in the market is mini truck pooling and renting. Small-scale businesses use mini trucks for cargo transport in urban areas. The requirement of mini trucks depends on the amount of cargo that is required to be transported. In the recent times, it has been observed that software developing companies and vehicle rental companies are working in collaboration and developing applications that can register mini utility truck with each owner through a mobile application.

Further, the report states that one challenge in the market is limited features of mini trucks. Mini trucks are generally made to target the cost-sensitive markets of emerging countries like India, China, Vietnam, Indonesia, and Thailand. The buyers of commercial vehicles in these countries generally look for cost-effective vehicles with limited maintenance and increased storage space for transporting loads.

Companies Mentioned

Ashok Leyland, Dongfeng Motor, Honda Motor, NISSAN MOTOR, Tata Motors, and Wuling Motor.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market outline
      • Table Segments of the global commercial vehicle market
    • Market ecosystem
      • Table Parent market
      • Table Global commercial vehicle market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques used for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global mini truck market - Market size and forecast 2017-2022 (mn units)
      • Table Global mini truck market - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by product
    • Segmentation by product
      • Table Product - Market share 2017-2022 (%)
    • Comparison by product
      • Table Comparison by product
    • Light-duty mini trucks - Market size and forecast 2017-2022
      • Table Light-duty mini trucks - Market size and forecast 2017-2022 (mn units)
      • Table Light-duty mini trucks - Year-over-year growth 2018-2022 (%)
    • Heavy-duty mini trucks - Market size and forecast 2017-2022
      • Table Heavy-duty mini trucks - Market size and forecast 2017-2022 (mn units)
      • Table Heavy-duty mini trucks - Year-over-year growth 2018-2022 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global mini truck market - Market share by region 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 (mn units)
      • Table Americas - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in Americas
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 (mn units)
      • Table EMEA - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in EMEA
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 (mn units)
      • Table APAC - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in APAC
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Development of multi-purpose mini trucks
    • Introduction of electric and hybrid mini trucks
    • Use of downsized engines in mini trucks
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Ashok Leyland
      • Table Vendor overview
      • Table Ashok Leyland - Business segments
      • Table Ashok Leyland - Organizational developments
      • Table Ashok Leyland - Geographical focus
      • Table Ashok Leyland - Segment focus
      • Table Ashok Leyland - Key offerings
    • Dongfeng Motor
      • Table Vendor overview
      • Table Dongfeng Motor - Business segments
      • Table Dongfeng Motor - Organizational developments
      • Table Dongfeng Motor - Geographical focus
      • Table Dongfeng Motor - Segment focus
      • Table Dongfeng Motor - Key offerings
    • Honda Motor
      • Table Vendor overview
      • Table Honda Motor - Business segments
      • Table Honda Motor - Organizational developments
      • Table Honda Motor - Geographical focus
      • Table Honda Motor - Segment focus
      • Table Honda Motor - Key offerings
    • NISSAN MOTOR
      • Table Vendor overview
      • Table NISSAN MOTOR - Organizational developments
      • Table NISSAN MOTOR - Geographical focus
      • Table NISSAN MOTOR - Key offerings
    • Tata Motors
      • Table Vendor overview
      • Table Tata Motors - Business segments
      • Table Tata Motors - Organizational developments
      • Table Tata Motors - Geographical focus
      • Table Tata Motors - Segment focus
      • Table Tata Motor - Key offerings
    • Wuling Motor
      • Table Vendor overview
      • Table Wuling Motor - Business segments
      • Table Wuling Motor - Organizational developments
      • Table Wuling Motor - Geographical focus
      • Table Wuling Motor - Segment focus
      • Table Wuling Motor - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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