G l o b a l S m a l l C o m m e rc i a l Ve h i c l e M a r ke t

By Ve h i c l e Ty p e, By Re g i o n , C o m p e t i t i o n
Fo re c a s t & O p p o r t u n i t i e s , 2 0 1 1 - 2 0 2 1
Market Intelligence . Consulting
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S. No. Contents

1. Product Overview

2. Research Methodology

3. Analyst View

4. Global Small Commercial Vehicle Market Outlook

4.1. Market Size & Forecast

4.1.1. By Value & Volume

4.2. Market Share & Forecast

4.2.1. By Region

4.3. By Market Attractiveness Index, By Region

5. North America Small Commercial Vehicle Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value & Volume

5.2. Market Share & Forecast

5.2.1. By Country

5.2.2. Market Attractiveness Index, By Country

5.2.3. Market Attractiveness Index, By Vehicle Type

5.3. United States Small Commercial Vehicle Market Outlook

5.3.1. Market Size & Forecast

5.3.1.1. By Value & Volume

5.3.2. Market Share & Forecast

5.3.2.1. By Vehicle Type

5.3.3. Market Attractiveness Index, By Vehicle Type

5.3.4. Import Duty 2

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5.4. Canada Small Commercial Vehicle Market Outlook
5.4.1. Market Size & Forecast
5.4.1.1. By Value & Volume
5.4.2. Market Share & Forecast
5.4.2.1. By Vehicle Type
5.4.3. Market Attractiveness Index, By Vehicle Type
5.4.4. Import Duty
5.5. Mexico Small Commercial Vehicle Market Outlook
5.5.1. Market Size & Forecast
5.5.1.1. By Value & Volume
5.5.2. Market Share & Forecast
5.5.2.1. By Vehicle Type
5.5.3. Market Attractiveness Index, By Vehicle Type
5.5.4. Import Duty
6. Middle East & Africa Small Commercial Vehicle Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Country
6.2.2. Market Attractiveness Index, By Country
6.2.3. Market Attractiveness Index, By Vehicle Type
6.3. South Africa Small Commercial Vehicle Market Outlook
6.3.1. Market Size & Forecast
6.3.1.1. By Value & Volume 3
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6.4.2. Market Share & Forecast

6.4.2.1. By Vehicle Type

6.4.3. Market Attractiveness Index, By Vehicle Type

6.4.4. Import Duty

6.4. Saudi Arabia Small Commercial Vehicle Market Outlook

6.4.1. Market Size & Forecast

6.4.1.1. By Value & Volume

6.4.2. Market Share & Forecast

6.4.2.1. By Vehicle Type

6.4.3. Market Attractiveness Index, By Vehicle Type

6.5.4. Import Duty

6.5. UAE Small Commercial Vehicle Market Outlook

6.5.1. Market Size & Forecast

6.5.1.1. By Value & Volume

6.5.2. Market Share & Forecast

6.5.2.1. By Vehicle Type

6.5.3. Market Attractiveness Index, By Vehicle Type

6.5.4. Import Duty

6.6. Qatar Small Commercial Vehicle Market Outlook

6.6.1. Market Size & Forecast

6.6.1.1. By Value & Volume

6.6.2. Market Share & Forecast

6.6.2.1. By Vehicle Type

6.6.3. Market Attractiveness Index, By Vehicle Type

6.6.4. Import Duty 4

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7. Asia-Pacific Small Commercial Vehicle Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value & Volume

7.2. Market Share & Forecast

7.2.1. By Country

7.2.2. Market Attractiveness Index, By Country

7.3. China Small Commercial Vehicle Market Outlook

7.3.1. Market Size & Forecast

7.3.1.1. By Value & Volume

7.3.2. Market Share & Forecast

7.3.2.1. By Vehicle Type

7.3.3. Market Attractiveness Index, By Vehicle Type

7.3.4. Import Duty

7.4. India Small Commercial Vehicle Market Outlook

7.4.1. Market Size & Forecast

7.4.1.1. By Value & Volume

7.4.2. Market Share & Forecast

7.4.2.1. By Vehicle Type

7.4.3. Market Attractiveness Index, By Vehicle Type

7.4.4. Import Duty 5

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7.5. Japan Small Commercial Vehicle Market Outlook

7.5.1. Market Size & Forecast

7.5.1.1. By Value & Volume

7.5.2. Market Share & Forecast

7.5.2.1. By Vehicle Type

7.5.3. Market Attractiveness Index, By Vehicle Type

7.5.4. Import Duty

7.6. Australia Small Commercial Vehicle Market Outlook

7.6..1. Market Size & Forecast

7.6.1.1. By Value & Volume

7.6.2. Market Share & Forecast

7.6.2.1. By Vehicle Type

7.6.3. Market Attractiveness Index, By Vehicle Type

7.6.4. Import Duty

7.7. Indonesia Small Commercial Vehicle Market Outlook

7.7.1. Market Size & Forecast

7.7.1.1. By Value & Volume

7.7..2. Market Share & Forecast

7.7.2.1. By Vehicle Type

7.7.3. Market Attractiveness Index, By Vehicle Type

7.7.4. Import Duty

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8. Europe & CIS Small Commercial Vehicle Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value & Volume

8.2. Market Share & Forecast

8.2.1. By Country

8.2.2. Market Attractiveness Index, By Country

8.2.3. Market Attractiveness Index, By Vehicle Type

8.3. United Kingdom Small Commercial Vehicle Market Outlook

8.3.1. Market Size & Forecast

8.3.1.1. By Value & Volume

8.3.2. Market Share & Forecast

8.3.2.1. By Vehicle Type

8.3.3. Market Attractiveness Index, By Vehicle Type

8.3.4. Import Duty

8.4. France Small Commercial Vehicle Market Outlook

8.4.1. Market Size & Forecast

8.4.1.1. By Value & Volume

8.4.2. Market Share & Forecast

8.4.2.1. By Vehicle Type

8.4.3. Market Attractiveness Index, By Vehicle Type

8.4.4. Import Duty

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8.5 Germany Small Commercial Vehicle Market Outlook

8.5.1. Market Size & Forecast

8.5.1.1. By Value & Volume

8.5.2. Market Share & Forecast

8.5.2.1. By Vehicle Type

8.5.3. Market Attractiveness Index, By Vehicle Type

8.5.4. Import Duty

8.6. Spain Small Commercial Vehicle Market Outlook

8.6.1. Market Size & Forecast

8.6.1.1. By Value & Volume

8.6.2. Market Share & Forecast

8.6.2.1. By Vehicle Type

8.6.3. Market Attractiveness Index, By Vehicle Type

8.6.4. Import Duty

8.7. Italy Small Commercial Vehicle Market Outlook

8.7.1. Market Size & Forecast

8.7.1.1. By Value & Volume

8.7.2. Market Share & Forecast

8.7.2.1. By Vehicle Type

8.7.3. Market Attractiveness Index, By Vehicle Type

8.7.4. Import Duty

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9. South America Small Commercial Vehicle Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value & Volume

9.2. Market Share & Forecast

9.2.1. By Country

9.2.2. Market Attractiveness Index, By Country

9.3. Brazil Small Commercial Vehicle Market Outlook

9.3.1. Market Size & Forecast

9.3.1.1. By Value & Volume

9.3.2. Market Share & Forecast

9.3.2.1. By Vehicle Type

9.3.3. Market Attractiveness Index, By Vehicle Type

9.3.4. Import Duty

9.4. Argentina Small Commercial Vehicle Market Outlook

9.4.1. Market Size & Forecast

9.4.1.1. By Value & Volume

9.4.2. Market Share & Forecast

9.4.2.1. By Vehicle Type

9.4.3. Market Attractiveness Index, By Vehicle Type

9.4.4. Import Duty

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9.5. Colombia Small Commercial Vehicle Market Outlook

9.5.1. Market Size & Forecast

9.5.1.1. By Value & Volume

9.5.2. Market Share & Forecast

9.5.2.1. By Vehicle Type

9.5.3. Market Attractiveness Index, By Vehicle Type

9.5.4. Import Duty

9.6. Chile Small Commercial Vehicle Market Outlook

9.6.1. Market Size & Forecast

9.6.1.1. By Value & Volume

9.6.2. Market Share & Forecast

9.6.2.1. By Vehicle Type

9.6.3. Market Attractiveness Index, By Vehicle Type

9.6.4. Import Duty

10. Market Dynamics

10.1. Drivers

10.2. Challenges

11. Market Trends & Developments

11.1. Growing Sale of Pickups

11.2. North America – The Leading Demand Generating Region

11.3. Growing Demand for Vans

11.4. Companies Focusing on Expanding Pickups Portfolio

11.5. Growing Alternate Fuel Requirement 10

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11.6. Easy Availability of Finance

11.7. Improved Safety Features in Small Commercial Vehicles

11.8. Increasing Demand for Chinese Small Commercial Vehicles

12. Competitive Landscape
12.1. Toyota Motor Corporation
12.2. Ford Motor Company
12.3. Hyundai Motor Company
12.4. General Motor Company
12.5. Isuzu Motors Ltd
12.6. Nissan Motor Co., Ltd.
12.7. Renault S.A.
12.8. Piaggio & C SpA
12.9. Volkswagen A.G.
12.10. Tata Motors Limited
12.11. Mahindra & Mahindra Limited
12.12. Great Wall Motor Company Limited
12.13. Mazda Motor Corporation
12.14. Bajaj Auto Limited
12.15. Atul Auto Limited

12.16. Anhui Jianghuai Automobile Co., Ltd.

12.17. Shenyang Brilliance Jinbei Automobile Co.

12.18. Chongqing Changan Automobile

12.19. Dongfeng Motor Corporation

12.20. Shaanxi Automobile Group Co., Ltd.

13. Strategic Recommendations

14. About Us & Disclaimer 11

 Product Overview

Product Definition

Commercial vehicle is any type of motor vehicle used for transporting goods or
passengers. Department of Transportation, USA defines Commercial Vehicle as “Any self-
propelled or towed vehicle used on public highways in interstate commerce to transport
passengers or property.”

Product Classification

GVW Capacity
Commercial Vehicle Segment Sub-Segment Key Customer Segment
(Tons)

Pickups

Vans • Small & Medium

Enterprises
Small Commercial Vehicle Light Trucks Up to 3.5 Tons • Logistics
• E-commerce Industry
Light Buses • Public Transportation

Three-Wheelers

12
 Research Methodology

Market Profiling

•In-depth secondary research was used to

determine top markets in the global small Data Data Filter Research & Actionable Business
commercial vehicle market, overall market size Collection & Analysis Intelligence Insights Solution
and segmental market size.

Formulating Questionnaire

•In order to conduct industry experts interviews,

TechSci Research formulated a detailed
questionnaire.  Identifying Key Opinion
Leaders
 Questionnaire Design
Developing list of respondents A  Recent
 In-depth Interviews
Primary Developments
•List of industry players, distributors, and Research  Market Changing
industry specialists was developed. B Aspects/Dynamics
Desk  Government
Research Policies
Data Collection C  Final Conclusion
 Market Participants Company
•TechSci Research conducted interviews with  Key Strengths
Analysis
industry experts, industry players, for data  Commercial Vehicle
collection and verification. Portfolio

Data Validation

•Data obtained as a result of primary and Primary Secondary Paid Sources

secondary research was validated through Research Research
rigorous triangulation.
 LinkedIn  Company Website  Factiva
 TechSci Internal  Company Annual  Hoovers
database Reports
Data Analysis  White Paper Study
 Financial Reports
•The data was scrutinized using MS-Excel and  Investor
statistical tools such as Time Series analysis etc. Presentations
 Regulatory Body,
to obtain qualitative and quantitative insights  Associations, etc.
about the global small commercial vehicle
market. 13
 Industry Brief

Small Commercial Vehicle Market to Cross $820 billion by 2021

According to TechSci Research report, “Global Small Commercial Vehicle Market By Vehicle Type, By Region, Competition
Forecast & Opportunities, 2011 - 2021”, the global market of small commercial vehicle is projected to cross US$ 820 billion by
2021, owing to increasing internet penetration and growing e-commerce industry, consumers across the globe prefer to
purchase products through online channels. Items purchased through online channels are delivered through small commercial
vehicles. Increasing number of small and medium enterprises (SMEs) is another major factor aiding growth in global small
commercial vehicle market. SME industry primarily requires small commercial vehicles for intercity transporting goods and
raw materials. Demand for small commercial vehicles across the globe can be attributed to growing demand for
transportation of products being manufactured by small and medium scale industries.

During 2011 – 2015, automobile production and sales across the globe grew at a CAGR of 1.37% and 2.59%, respectively,
owing to Eurozone crisis and slump in crude oil prices. Backed by slow automobile production and sales over the last five
years, global market for small commercial vehicles grew at a slow pace during 2011 – 2015. However, with anticipated revival
of crude oil prices in coming years, the scenario is expected to change, and the global small commercial vehicle market is
forecast to grow at a healthy pace over the next five years.

North America dominated global small commercial vehicle market during 2011 – 2015, and the region is anticipated to
maintain its dominance over the next five years as well. Over the years, demand for small commercial vehicles in North
America has been growing at a robust pace due to increasing infrastructure-based developments and booming construction
and logistics sectors. Moreover, small commercial vehicles are popular in North American countries due to immense
preference for pickup trucks in the region. Vans are extensively being used for transportation of goods by e-commerce and
delivery companies as well as for personal and staff transportation purposes.

“Constant increase in demand for small commercial vehicles, especially pickups, across the globe are encouraging leading
industry players such as Toyota, Ford, Nissan, Mitsubishi, Mazda, etc., to introduce new models. Growing acceptance of
pickups for transportation and personal purposes are propelling production of pickups with advanced features such as four-
wheel drive, increased load carrying capacity, high utilitarianism, etc., globally. On the other hand, major Chinese automobile
companies are offering stiff competition to global automobile leaders in small commercial vehicles segment, especially light
trucks and vans.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management
14
consulting firm.
 Sample Data - Snapshot

Figure 11: North America Small Commercial Vehicle Market Attractiveness Figure 43: Asia-Pacific GDP Growth Rate, By Country, 2011-2015
Index, By Vehicle Type, By Volume, 2016E-2021F

Light Buses 30% 30% 30% 30%

7.00% 30%
Vans 25% 25% 25% 25% 25%
6.00% 20%
Pickups 20% 20% 20% 20%
5.00%
15% 15% 15%
4.00% 15% 15%
CAGR (2016E-2021F)

3.00% 10% 10% 10% 10% 10%

2.00%
1.00%
0.00% 2011 2012 2013 2014 2015
0.00 1.00 2.00 3.00 4.00
Indonesia Australia Japan India China
Low Medium High
Table 5: Mexico Small Commercial Vehicle Market Share, By Vehicle Type, By Volume, Figure 99: Chile Small Commercial Vehicle Market Share, By Vehicle
Type, By Volume, 2011-2021F
2016E-2021F (Million Unit)
70% 70% 70% 70% 70% 70% 70% 70% 70% 70% 70%

Vehicle CAGR
Segmen 2016E 2017F 2018F 2019F 2020F 2021F 2016E-
t 2021F 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20%
10% 10% 10% 10% 10% 10% 10% 10% 10% 10% 10%
Pickups XXXX XXXX XXXX XXXX XXXX XXXX XXXX
Vans XXXX XXXX XXXX XXXX XXXX XXXX XXXX
2011 2012 2013 2014 2015 2016E2017F2018F2019F2020F2021F
Light
XXXX XXXX XXXX XXXX XXXX XXXX XXXX
Buses Pickup Van Light Bus
Total XXXX XXXX XXXX XXXX XXXX XXXX XXXX
North America –
Commercial Vehicle Sales, 2015

Figure 16: Canada Small Commercial Vehicle Market Share, By Vehicle X

Type, By Volume, 2011-2021F
Middle East & Small
(Thousand Units)

Africa – X Commercia
70% 70% 70% 70% 70% 70% 70% 70% 70% 70% 70%
l Vehicle
Market
Asia-Pacific Small (2015)
–X Commercial
Vehicles,
20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 2015
10% 10% 10% 10% 10% 10% 10% 10% 10% 10% 10% Europe & CIS – X Million
X Units

2011 2012 2013 2014 2015 2016E 2017F 2018F 2019F 2020F 2021F South America
Pickups Vans Light Buses –X
Source:XXXXX 15
Note: These are dummy figures; please purchase our report for actual data
 Report Ordering

Report Name: Global Small Commercial Vehicle Market By Vehicle Type (Light Buses, Vans,
Pickups, Light Trucks, etc.), By Region (North America, Middle East & Africa, Europe & CIS, Asia-
Pacific & South America), Competition Forecast & Opportunities, 2011 - 2021

Report Price
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 About Us & Disclaimer

About Us
TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides
market research reports in a number of areas to organizations. The company uses innovative business models that focus on improving
productivity, while ensuring creation of high-quality reports. The proprietary forecasting models use various analyses of both industry-
specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional and global
industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich evaluation of
the opportunities available in the market.

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Disclaimer
The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is
timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources
including which it considers reliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any
information and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially states that it has
no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts, can change without
notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal consumption. Usage of the same for
purpose other than internal will require prior approval of TechSci Research.
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