Light Duty Vehicle Market

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Light Duty Vehicle Market for North America
production is driven by the U.S., which accounts
for 67.5 of the total North America light duty
vehicle production in terms of volume. Stringent
emission regulations leading to light
weighting/engine downsizing has also fueled the
growth of light duty vehicles in the region. 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. Browse 57
market data Tables and 39 Figures spread through
222 Pages and in-depth TOC on "Light Duty
Vehicle Market for North America" https//www.ma
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• Dont miss out on business opportunities in Light
  Duty Vehicle Market for North America.
• Key Players of Light Duty Vehicle Market for
  North America
• General Motors (U.S.)
• Ford Motor Company (U.S.)
• Toyota Motor Corporation (Japan)
• Fiat Chrysler Automobiles (U.K.)
• Automatic transmission is projected to hold the
  largest market share in the North American light
  duty vehicle market

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The North American market is inclined towards
automatic transmission owing to customers
preference for automatic transmission systems
and stringent emission norms. As a manual
transmissions fuel efficiency depends on driver
proficiency, the automatic transmissions
performance results in a better fuel efficiency
and lower emissions. Stringent fuel efficiency
norms, namely the Corporate Average Fuel Economy
(CAFE) standards, have increased the demand for
fuel efficient transmission systems like
CVT. Speak to Our Analyst and gain crucial
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alystNew.asp?id266497462 Light duty vehicles
with 3.5 liter engines are estimated to be the
largest market in North America Engine capacity
helps in determining engine output such as power,
torque, and mileage. The 3.5-liter engine
segment, which is used in SUVs, sports cars and
high end luxury cars, holds the largest market
share mainly due to preference for powerful
vehicles in the region. The 1.5 to 1.8 liter
engine segment gives moderate mileage in petrol
vehicles and is generally used in mid-size cars
and small wagons. Increasing trend of gasoline
turbocharged engine in North America The North
American light duty vehicle market is shifting
toward the gasoline turbocharged engines.
Gasoline turbocharged vehicles are more fuel
efficient and powerful than non-turbocharged
ones. Get Free Sample Report of this Report at
https//www.marketsandmarkets.com/requestsampleNew
.asp?id266497462 U.S. to be the largest
market By 2021, the U.S., being the largest
manufacturer in this region, is projected to
maintain its leading position in the light duty
vehicle segment due to growing demand from nearby
countries such as Mexico and Canada as well as
in other regions. Infrastructure growth along
with the increasing demand for light duty
vehicles is also set to drive the domestic market
for light duty vehicles. About
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