"Light Duty Vehicle Market for North America – Forecast to 2021" is a professional and in-depth study.
MRRS adds "Light Duty Vehicle Market for North America – Forecast to 2021" latest studies,published in December 2016. It is a professional and in-depth study.
The light duty vehicle market for North America is projected to grow at a CAGR of 5.65% from 2016 to 2021, to reach a market size of to reach 24540.0 thousand units. The fastest growing trend in North America is the engine downsizing. Many OEMs have reduced the engine capacity without compromising the power output with the application of turbochargers. The gasoline turbocharged engine segment is the dominant segment in the North American region.
“Alternate Fuel Vehicle (AFV) segment is the next emerging segment”
The next emerging trend is the use of alternate fuel vehicles (AFVs) in North America. The lowered permitted emission levels and rising fuel efficiency standards have pushed manufacturers to come up with electric and natural gas based powertrains to meet criteria while maintaining the desired performance levels.
“Continuous Variable Transmission (CVT) is the fastest growing segment in transmission systems”
The key driver here is the growing need for a smooth driving experience, which has raised the demand for CVT systems in vehicles. The demand for comfortable and fuel efficient technology is driving the market and CVT technology is estimated to be the fastest growing segment. CVT is the latest transmission technology and is more fuel efficient than all other transmission types.
Figure And Tables
Table 1 Weight reduction strategies followed to achieve CAFE targets
Table 2 Top 5 OEMs in North America 2013–2015, (‘000 Units)
Table 3 Top 5 Ford Models in North America 2013–2015 (‘000 Units)
Table 4 Top 5 Chevrolet Models in North America 2013–2015, (‘000 Units)
Table 5 Top 5 Toyota Models in North America 2013–2015, (‘000 Units)
Table 6 Top 5 Honda Models in North America 2013–2015, (‘000 Units)
Table 7 Top 5 GMC Models in North America 2013–2015, (‘000 Units)
Table 8 NORTH AMERICA: PASSENGER CAR PRODUCTION, BY ENGINE CAPACITY IN LITRES, 2013–2015 (‘000 Units)
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