Light Duty Vehicles Market 2021 Driving Facto Bean Bag ChairsGrowth, Economics, Demand 2025

1. Light Duty Vehicles Market Share, Revenue, Drivers, Trends And Historical & Forecast Till 2025 Influence Factors Light Duty Vehicles Market Report provides in-depth analysis of industry by production, share, size, Demand, Proposition, Development, Opportunities, Growth, Economic Trends, Technologies Research, Segmentation, Key Futuristic, Investment Feasibility, Major Key Players, SWOT analysis and Forecast. The global Light Duty Vehicles Market size is projected to be USD 922.21 billion by 2025, as per a new report released by Million Insights. It is estimated that the market would witness 8.5% CAGR over the forecast duration. The growing use of passenger cars for shared mobility is anticipated to positively drive the growth of the market. In the recent past, OEMs are increasingly investing in the development of autonomous electric vehicles. Growing investment in such vehicles is likely to strengthen the market growth. Governments across the globe are emphasizing on the development of electric vehicles by offering supportive infrastructure and incentives. For example, the Indian government is planning for sales of around 6-7 million units of electric vehicles by 2026. In addition, the use of electric vehicles for commercial transportation is gaining traction in the past years. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/global-light-duty-vehicles-market Online ridesharing companies such as Uber Technology and Ola Cabs are increasingly deploying shared mobility services. In addition, the growing use of light-duty vehicles in courier services and micro transit are further bolstering the light duty vehicle market growth. Emerging countries are witnessing significant growth in the e-commerce industry. Growth in e-commerce industry has resulted in a demand for efficient logistic services, which in turn, has accelerated the adoption of

2. light duty vehicles. In addition, emerging countries are also witnessing a rapid rise in manufacturing activities, which require a continuous supply of raw materials. Therefore, light duty vehicle, owing to their fuel- efficiency, are gaining traction in industrial transportation as well. Request Sample Copy of this Market Research @ https://www.millioninsights.com/industry-reports/global-light-duty-vehicles-market/request- sample Further key findings from the report suggest: • Asia Pacific is projected to register the highest growth over the forecast duration owing to the increasing use of light duty vehicles in tourism and e-commerce industry. • Electric category is likely to dominate the market owing to growing support by government bodies across the world. • It is predicted that the all-wheel-drive vehicle would register the highest growth over the forecast duration. • Leading market players are General Motors Company, Subaru Corporation, Toyota Motor, BMW AG, Ford Motor and Nissan Motor among others. Million Insights segmented the global light duty vehicles market on the basis of vehicle type, fuel type, transmission, drivetrain and region: Light Duty Vehicles Type Outlook (Volume, Million Units; Revenue, USD Billion, 2014 - 2025) • Passenger Car • Van • Sports Utility Vehicle (SUV) • Pickup Truck Light Duty Vehicles Fuel Type Outlook (Volume, Million Units; Revenue, USD Billion, 2014 - 2025) • Diesel • Gasoline • Hybrid • Electric Table Of Contents 1Light Duty Vehicles Overview 2Global Light Duty Vehicles Application Estimates & Trend Analysis 3Global Light Duty Vehicles Size and Growth Prospects

3. 4Global Light Duty Vehicles Analysis by Region 5Global Light Duty Vehicles Analysis by Type 6Global Light Duty Vehicles Analysis by Application 7Global Light Duty Vehicles Manufacturers Analysis 8Global Light Duty Vehicles Technology and Development Trends Browse Full Research Report @ https://www.millioninsights.com/industry-reports/global-light-duty-vehicles-market Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions. Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com Global Headquarters Million Insights Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States Phone: 1-408-610-2300 Email: sales@millioninsights.com Asia Pacific Million Insights Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Phone: 91-20-65300184