Light Commercial Vehicle Market in Europe 2016-2020 The research methodology used to estimate and forecast the Light Commercial Vehicle Market begins with capturing data on key vendor revenue through the secondary research.
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Summary of the Report: 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. Technavio’s 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 20162020, 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 • Renault • Toyota Other prominent vendors • Ashok Leyland • Hyundai Motor • Isuzu Motors • Tata Motors Market driver • Enhanced safety of 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
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Light Commercial Vehicle Market in Europe 2016-2020 A detailed qualitative analysis of the factors responsible to the Light Commercial Vehicle Market and future opportunities are provided in the report.
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