Light Diesel Vehicle Market

With the rising fuel prices as a result of increasing demand and diminishing supply, there has been rise in the need to choose a cost effective fuel for vehicles. Despite its higher price than gasoline, diesel proves to be highly efficient and cost effective. In addition, diesel enables extraction of more energy as compared to same volume of gasoline. Furthermore, diesel has a higher boiling point and is oilier than gasoline which improves engine efficiency. Thereby, diesel has become a preferred choice for both heavy-duty and light-duty vehicles across the world. Moreover, light diesel vehicles have reduced carbon emissions as compared to similar gasoline powered vehicles.
Light Diesel Vehicle Market contains market size and forecasts of Light Diesel Vehicle in global, including the following market information:
Global Light Diesel Vehicle Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Light Diesel Vehicle Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Light Diesel Vehicle companies in 2021 (%)
The global Light Diesel Vehicle market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Passenger Cars Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Light Diesel Vehicle include Continental AG, Denso Corporation, Ricardo Plc, Wabco Holdings, Robert Bosch GmbH, Tenneco(Federal-Mogul), BMW AG, Daimler AG and General Motors (GM) Company, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Light Diesel Vehicle manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Light Diesel Vehicle Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Light Diesel Vehicle Market Segment Percentages, by Type, 2021 (%)
Passenger Cars
Sports Utility Vehicles (SUVs)
Light Weight Trucks
Pick-Up Trucks
Minivans
Global Light Diesel Vehicle Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Light Diesel Vehicle Market Segment Percentages, by Application, 2021 (%)
Personal Use
Commercial
Industrial
Others
Global Light Diesel Vehicle Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Light Diesel Vehicle Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Light Diesel Vehicle revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Light Diesel Vehicle revenues share in global market, 2021 (%)
Key companies Light Diesel Vehicle sales in global market, 2017-2022 (Estimated), (Units)
Key companies Light Diesel Vehicle sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Continental AG
Denso Corporation
Ricardo Plc
Wabco Holdings
Robert Bosch GmbH
Tenneco(Federal-Mogul)
BMW AG
Daimler AG
General Motors (GM) Company
Hyundai Motor Company
Mitsubishi Motors Corporation
Renault S.A
Suzuki Motor Corporation
Volkswagen AG
Chrysler Group
Honda Motor Company
Porsche AG
Subaru of America
Toyota Motor Corporation