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Light Commercial Vehicle (LCV) Market in Europe 2015-2019

Light Commercial Vehicle (LCV) Market in Europe 2015-2019

About Light Commercial Vehicle

Light commercial vehicles refer to vehicles with a GVWR of less than 3.5 tonnes. These are commonly used for government and social organisations, public transportation, and logistics market in Europe.

Technavio analysts forecast the light commercial vehicle market in Europe to grow at a CAGR of 11.42% during 2014-2019.

Covered in this Report

In this report, Technavio covers the present scenario and the growth prospects of the light commercial vehicle market in Europe for the period 2015-2019. We calculated the market size based on the unit sales registered for light commercial vehicles in Europe. We also present five key vendors and a detailed analysis of these vendors in the report. In addition, we discuss market growth drivers, challenges facing the vendors and the market as a whole, as well as key trends emerging in the market.

The Technavio report, namely Light Commercial Vehicle (LCV) Market in Europe 2015-2019, is based on an in-depth market analysis, with inputs from industry experts. The report covers the market landscape in Europe and its growth prospects in the coming years.

Key Vendors

  • Daimler Trucks
  • CNH Industrial
  • MAN
  • Renault
  • Volvo Trucks
Other Prominent Vendors
  • Anhui Jianghuai Automobile
  • AVTO VAZ
  • Ashok Leyland
  • Fiat Chrysler Automobiles
  • GM Corporation
  • GAZ
  • Hyundai
  • Isuzu Motors
  • Peugeot
  • PACCAR
  • Opel
  • Tata Motors
Market Driver
  • Increasing Replacement Market
  • For a full and detailed list, view our report
Market Challenge
  • Rise in Production Cost
  • For a full and detailed list, view our report
Market Trend
  • Advent of Natural Gas in LCV Segment
  • For a full and detailed list, view our report
Key Questions Answered in this Report
  • What will the market size be in 2019 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?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Light Commercial Vehicle (LCV) Market in Europe 2015-2019

Technavio recognizes the following companies as the key players in the Light Commercial Vehicle (LCV) Market in Europe: Daimler Trucks, CNH Industrial, MAN, Renault and Volvo Trucks

Other Prominent Vendors in the market are: Anhui Jianghuai Automobile, AVTO VAZ, Ashok Leyland, Fiat Chrysler Automobiles, GM Corporation, GAZ, Hyundai, Isuzu Motors, Peugeot, PACCAR, Opel and Tata Motors

Commenting on the report, an analyst from Technavio’s team said: “Though the greatest potential in Europe for natural gas is likely to be in the heavy goods vehicle and marine/waterway sectors, the LCVs are not far behind in terms of growth. The sector has showed rapid growth in recent years where the number of NGVs has gone compared to 2008. Italy, Germany, and Sweden are some of the leading countries in Europe that have significant shares of NGVs in the LCV sector. For instance, Italy is the largest market for vehicles using natural gas as the source of fuel. The main reason for the growth of NGVs in Europe is a result of reduced tax on natural gas (as a fuel) and huge support from the government (in the form of subsidies to the OEMs).”

According to the report, a large number of LCVs are expected to reach the end of their product life cycles between 2015 and 2018. LCVs have a short life cycle of eight years owing to their intense commercial usage. LCV sales had an upsurge in 2007 and 2008 and this is likely to recur during the forecast period because of the number of LCVs expected to be replaced during this time. So, the rate of replacement purchases are expected to be considerably higher than they have been for the past few years. The demand from the replacement market is expected to drive the overall demand for LCVs in Europe for the forecast period.

Further, the report states that the rising cost of the LCV manufacturing components will be the main concern for LCV manufacturers.

Companies Mentioned

Daimler Trucks, CNH Industrial, MAN, Renault, Volvo Trucks, Anhui Jianghuai Automobile, AVTO VAZ, Ashok Leyland, Fiat Chrysler Automobiles, GM Corporation, GAZ, Hyundai, Isuzu Motors, Peugeot, PACCAR, Opel, Tata Motors

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
    • Product Offerings
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Introduction
  • Market Landscape
    • Market Overview
      • Commercial Vehicle Market in Europe
        • Table Commercial Vehicle Market in Europe 2014
      • Automobile Regulatory Framework in Europe
        • Table Automobile Regulatory Framework Timeline in Europe
      • LCV Market in Europe
        • Table History of LCV Market in Europe 2009-2014 (million units)
        • Table Vehicles under LCV Market in Europe
      • Key Leading Countries
      • Average Mileage Life Span of LCVs in Europe
        • Table Average Life Span of an LCV in Europe
      • Market Size and Forecast
        • Table LCV Market in Europe 2014-2019 (million units)
    • Five Forces Analysis
  • Geographical Segmentation
    • Table LCV Market in Europe by Geographical Segmentation 2014 and 2019
    • Table LCV Market in Europe by Geographical Segmentation 2014-2019 (million units)
    • Table LCV Market in Europe by Geographical Segmentation 2014-2019
    • LCV Market in France
      • Market Size and Forecast
        • Table LCV Market in France 2014-2019 (million units)
    • LCV Market in UK
      • Market Size and Forecast
        • Table LCV Market in UK 2014-2019 (million units)
    • LCV Market in Germany
      • Market Size and Forecast
        • Table LCV Market in Germany 2014-2019 (million units)
  • Buying Criteria
  • Market Growth Drivers
    • Table Major Drivers in LCV Market in Europe
    • Table Permissible Emission Levels for LCVs
  • Drivers and their Impact
  • Market Challenges
    • Table Major Challenges in LCV Market in Europe
  • Impact of Drivers and Challenges
  • Market Trends
    • Table Major Trends in LCV Market in Europe
    • Table Breakeven for a CNG and a Diesel Light Weighted Vehicle
  • Trends and their Impact
  • Vendor Landscape
    • Competitive Scenario
      • Table Leading Vendors in LCV Market in Europe
      • Key News
    • Other Prominent Vendors
  • Key Vendor Analysis
    • Daimler Trucks
      • Key Facts
      • Business Overview
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • CNH Industrial
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table CNH Industrial: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table CNH Industrial: Business Segmentation by Revenue 2012 and 2013 (US$ million)
      • Geographical Segmentation by Revenue 2013
        • Table CNH Industrial: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • MAN
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2014
        • Table MAN : Business Segmentation by Revenue 2014
      • Business Segmentation by Revenue 2013 and 2014
        • Table MAN : Business Segmentation by Revenue 2013 and 2014 ($ millions)
      • Geographical Segmentation by Revenue 2014
        • Table MAN : Geographical Segmentation by Revenue 2014
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Renault
      • Key Facts
      • Business Overview
      • Product Segmentation by Revenue 2013
        • Table Renault: Product Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Renault: Business Segmentation by Revenue 2012 and 2013 (US$ million)
      • Geographical Segmentation by Revenue 2013
        • Table Renault: Geographical Segmentation by Revenue 2013 (US$ million)
      • Key Brands
        • Table Renault: Key Brands
      • Key Locations
        • Table Renault: Key Locations
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Volvo Trucks
      • Key Facts
      • Business Overview
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
  • Other Reports in this Series

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