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Urban Restrictions and Innovations in Last-mile Delivery to Propel the Uptake of eLCVs and Connected Solutions Enhancing Supply-chain Visibility
26-Mar-2019
Global
Market Outlook
K352-01-00-00-00
AU01811-GL-MO_22941
Global LD Trucks and Pick Up Sales to hit 6.7 million and 5.6 million respectively in 2019. North America, India, Latin America, China, Japan and Korea will lead the growth of the global LCV market, while the US leads the pick up sales, China is the clear leader in the LD Trucks segment. The demand for electric light duty trucks will surge globally with the roll-out of strict emission regulations. New emission regulations, rising oil price and government incentives for EVs will strongly support the penetration of eLCVs in China, Europe and North America. PSA group, Volkswagen, Daimler and Ford are anticipated to launch new eLCVs in 2019. North America continues to be the hub for pick up trucks with 60% share of the global pick up sales in 2018. As a result, North America’s share in the overall Light commercial vehicle (LCV) market stood at 31.1% while China had a share of about 24.6% in 2018.
India and LATAM will be the key growth markets for the LCV market in 2019 with 10.8% and 9% growth rates respectively. Global LCV market is expected to grow at a moderate pace at the rate of 4.8% from 2018 to 2019, with the tremendous increase in trade and transportation in the emerging markets like India, Latin America, Asia Pacific and China. Pick up trucks which are mostly popular in the US and Canada are finding widespread acceptance in other regions as well. South Korea and Japan although have a OEMs manufacturing pick ups in other regions are introducing pick up models in their home countries. A number of investment announcements have also been made about OEMs regarding the electrification of pick up trucks.
Aggressive growth in sensor technologies, artificial intelligence, maps and advanced computing capabilities are paving the way for autonomous driving in the LCV market. With major OEMs already working towards L3 level of automation, LCV OEMs are set to follow suit. Majority of the LCVs sold are expected to have fleet tracking, preventive maintenance, navigation and safety alerts as standard telematics features especially in the developed regions, however emerging regions are also expected to adopt telematics solutions in a big way. Innovations in last mile delivery and passenger transportation are set to bring out new applications for the use of LCVs. With the increase in supply chain complexity and service requirements, last mile delivery is evolving dynamically to meet the customer demands. Electric and autonomous LCVs will play a crucial role in this regard. A large portion of the dynamic shuttles which are a part of on-demand passenger transportation will be based on LCV platforms. LCV OEMs will leverage their technological knowhow in the passenger vehicle segment in terms of powertrain, and lightweighting strategies. Most of the OEMs such as Renault-Nissan, Volkswagen and Daimler are working on building common platforms for some LCVs and passenger vehicles to reduce lead times and save on development costs.
Author: Vineeth Purushotham
2018—Key Highlights
Global GDP and LCV Market—Growth Outlook 2019
Global LCV Market Forecast—Overview
Snapshot of the Global LCV Market in 2018
Top Trends in the LCV Market—2018
Top 5 Predictions of 2019
Research Scope
Research Aims and Objectives
Key Questions this Study will Answer
Research Background
Research Methodology
Key OEMs Compared in this Study
Top 2018 Global Economic Trends
Top 2019 Global Economic Predictions
Top 2019 Global Economic Predictions (continued)
Top 2019 Predictions—Advanced Economies
Top 2019 Predictions—Emerging Economies
World GDP Growth Snapshot
World’s 20 Fastest Growing Economies in 2018 and 2019
Global LCV Market Forecast—Overview
Global LCV Market Forecast—By Weight Segment
Global Pick Up Market Forecast—By Weight Segment
Global LCV Sales of Top 20 OEM Groups
Global Pickup Sales of Top 10 OEM Groups
Key Regional Markets—North America and Europe
Key Regional Markets—Latin America and Russia
Key Regional Markets—India and China
Top Combustion Engine Powertrain Trends for 2019 and Beyond
Regional Strategy for Testing Procedures
Emission Reduction and Fuel Efficiency Targets of Key OEMs
Emission and Fuel Efficiency Targets in Key Regions
China Tailpipe and Greenhouse Gas (GHG)/Fuel Efficiency Regulations
LCV Powertrain Technologies
LCV Diesel Exhaust After-treatment Technology Roadmap
Advanced Combustion Engine Tech Progression for Key OEMs
Technology Advancements Aiding Electric LCVs
Factors Driving Electrification
Top Challenges in the Adoption of Electric LCVs
Future eLCV Strategy of Key OEMs
Global eLCV Market Forecast—2025
eLCV Platforms of Key OEMs
Anticipated eLCV Launches by Key OEMs in 2019 and Beyond
Overview of Incentives—Global
Geographical Distribution of Charging Stations
CHAdeMO Charging
Charging Interface Initiative (CHARIN)
CEC and CHAdeMO Collaboration on Ultra-fast Charging Standard
Battery Production Scenario—Regional Overview
Key OEMs Carbon Emission Targets through Lightweighting
Lightweighting Strategies—Customized Approach
Key OEM Lightweighting Strategies
Lightweighting—Future Outlook
Autonomous Vehicle—Key Influencing Trends
Levels of Vehicle Automation
Major Trends Impacting the Autonomous Driving Market—2018
Autonomous/Connected Technology—Key Players
Case Study—Workhorse: UPS, Autonomous Cargo Delivery
Autonomous Passenger Shuttles—Technology Trends
Autonomous Passenger Shuttle Pilot Projects
Autonomous Vehicle Technology—OEM Focus and Future Roadmap
Shift in Last Mile Delivery
eCommerce Logistics Value Chain
Delivery Bots/ Ground Drones
Delivery Bots Use Cases
Comparison of Delivery Bots, LCVs and Drones
The Concept of Demand Responsive Transit (DRT)
DRT—Future Vehicle Design
Dynamic Passenger Shuttles
Autonomous Passenger Shuttles
Demand Responsive Transit—Key 2018 Highlights and 2019 Outlook
LCV Telematics Solution Types
LCV Telematics—Key Features
Trend 1—Growing Demand for Field Service Management
Trend 2—LCV OEMs Increasing Focus in Telematics Market
Trend 3—Rising Favour of Portable Solutions (Services and Maintenance)
Trend 4—Open Architecture Software Platform
Global LCV OEMs’ Connected Truck Solutions—A Snapshot
Key Third-party Telematics Service Providers—Overview
OEM Solutions and Dedicated Providers—Synergy Developments
Roadmap of Key Telematics Services to Integrate
Growth Opportunity
Strategic Imperatives for LCV Market
Key Conclusions and Future Outlook
Legal Disclaimer
Market Engineering Methodology
List of Exhibits
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
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| Deliverable Type | Market Outlook |
|---|---|
| No Index | No |
| Podcast | No |
| Author | Vineeth Purushotham |
| Industries | Automotive |
| WIP Number | K352-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 9800-A6,9B01-A6,9963-A6,9AF6-A6 |
Global Light Commercial Vehicle Market Outlook, 2019
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