Australia and New Zealand Light Commercial Vehicle Market - By Vehicle Type (Pickups, Vans and Light Buses), Competition Forecast & Opportunities, 2021 - Research and Markets

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Feb 15, 2017, 15:10 ET

DUBLIN, Feb. 15, 2017 /PRNewswire/ --

Research and Markets has announced the addition of the "Australia and New Zealand Light Commercial Vehicle Market By Vehicle Type (Pickups, Vans and Light Buses), Competition Forecast and Opportunities, 2021" report to their offering.

The market for light commercial vehicles in Australia and New Zealand is projected to cross $ 14 billion and $ 4 billion, respectively, by 2021, on account of increasing number of small and medium sized enterprises coupled with changing customers preference towards personal transportation.

Rising demand from transportation and logistics sectors, growing number of small and medium enterprises across Australia and New Zealand, and favorable government initiatives are anticipated to drive Australia and New Zealand light commercial vehicle market through 2021. Moreover, expanding LCV portfolio by prominent companies and growing popularity of pickups across Australia and New Zealand, has led to increasing demand for light commercial vehicles.

On the other hand, use of light commercial vehicles as passenger carrier as well as for commercial purposes in New Zealand, makes it a popular choice among the population of the country. Australia light commercial vehicle market was majorly concentrated in New South Wales, Queensland and Victoria in 2015, wherein, New South Wales, held a major share in Australia light commercial vehicle market. Whereas, areas such as Auckland, Waikato, Bay of Plenty, Wellington, etc., located in North Island created huge demand for light commercial vehicles in New Zealand in the same year.

Companies Mentioned

Daimler AG
Ford Motor Company
General Motors Holden
Hyundai Motor Company
Isuzu Motors Limited
Mazda Motors Corporation
Mitsubishi Motors Corporation
Nissan Motor Co., Ltd.
Toyota Motor Corporation
Volkswagen Aktiengesellschaft

Key Topics Covered:

1. Product Overview

2. Research Methodology

3. Analyst View

4. Australia Light Commercial Vehicle (LCV) Market Outlook

5. New Zealand Light Commercial Vehicle (LCV) Market Outlook

6. Market Dynamics

7. Market Trends & Developments

8. Policy & Regulatory Landscape

9. Competitive Landscape

For more information about this report visit http://www.researchandmarkets.com/research/cnb4fm/australia_and_new

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SOURCE Research and Markets