Albany, NY -- (SBWIRE) -- 02/02/2016 -- About LCV

In Europe, LCVs refer to commercial carrier vehicles of gross vehicle weights up to 3.5 tons. Gross vehicle weight refers to the operating weight, that is, the maximum weight a truck can carry while being driven. This includes the actual vehicle weight as well as passengers, cargo, and fuel weight. LCVs in Europe include pick-up trucks and vans that are used to carry a wide range of goods or are utilized as passenger carriers.

LCVs play a crucial role in the delivery of time-critical goods, high-value goods, and support services. They are mainly used in space-strapped urban areas. LCVs vary by use, size, and type.

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Technavios analysts forecast the LCV market in Europe to grow at a CAGR of 3.04% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the LCV market in Europe for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of LCVs

The market is divided into the following segments based on regions:
France
UK
Germany

Technavio's report, Light Commercial Vehicle (LCV) Market in Europe 2016-2020, 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
Ford
Peugeot Citroen
Renault
Toyota
Volkswagen

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Other prominent vendors
Anhui Jianghuai Automobile
Ashok Leyland
AVTO VAZ
GAZ Group
General Motors
Hyundai Motor
Isuzu Motors
PACCAR
Tata Motors
Opel
Daimler

Market driver
Enhanced safety of LCVs
For a full, detailed list, view our report

Market challenge
Stringent emissions regulations for LCVs
For a full, detailed list, view our report

Market trend
Hybrid LCVs and use of natural gas
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 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?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.

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