Light Duty Vehicle Market for North America

The report “Light Duty Vehicle Market for North America by Key OEM & Model, Engine Capacity, Fuel, Turbocharger, Transmission, Aftertreatment Devices, Steering & Safety System, RVD, ADAS and Country, & Vehicle Type (Passenger Car, Light Trucks & AFV) – Forecast to 2021″

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The objective of the study is to analyze and forecast (2013 to 2021) the North American light duty vehicle market by volume (‘000 units) and by country. The report segments the market By Key OEM & Model, Engine Capacity, Fuel, Turbocharger, Transmission, After treatment Devices, Steering & Safety System, RVD, ADAS, and Country & Vehicle Type (Passenger Car, Light Trucks & AFV). A detailed study of various market leaders has been done and opportunity analysis has been provided in the report.

Various secondary sources, such as company annual reports/presentations, press releases, industry association publications, automotive magazine articles, encyclopedias, directories, technical handbooks, world economic outlook, trade websites, technical articles, and databases have been used to identify and collect information useful for an extensive study of the North American light duty vehicle market. The primary sources experts from related industries, automobile OEMs, and turbocharger manufacturer–have been interviewed to obtain and verify critical information, as well as to assess future prospects and market estimations. Bottom-up approach has been used for market estimation and calculating the North American light duty vehicle market size.

The North American light duty vehicles ecosystem consists of various major manufacturers such as General Motors (U.S.), Ford Motor Company (U.S.), Honda Motor (Japan), Hyundai Motors (South Korea), and Fiat Chrysler Automobiles (U.K.), and Toyota Motor Corporation (Japan).

Target Audience

Automotive OEMs
Automotive engine manufacturers
Automotive turbocharger manufacturers
Automotive transmission manufacturers

Available Customizations

Light Duty Vehicle Market for North America, By Engine Architecture

The light duty vehicle market for North America is projected to grow at a CAGR of 5.65% during the forecast period, to reach 24540.0 thousand units by 2021, from an estimated 18647.1 thousand units in 2016. The base year for the report is 2015 and the forecast year is 2021.

The increasing demand for light duty vehicles in North America, stringent emission regulations leading to light weighting/engine downsizing, and infrastructure growth has led to an increase in passenger car production in North America.

The major restraints considered in the study includes is the increasing average age of light duty vehicles. The average age of a light duty vehicle in North America is around 11–12 years which is a restraint for the OE market in North America. The increasing trend of shared mobility is another restraint for light duty vehicle manufacturers. The light duty vehicle market for North America is dominated by many international as well as domestic players, and some of them are General Motors (U.S.), Ford Motor Company (U.S.), Toyota Motor Corporation (Japan), Fiat Chrysler Automobiles (U.K.).

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