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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.
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Light Duty Vehicle Market for North America by Key OEM & Model, Engine Capacity, Fuel, Turbocharger, Transmission, Aftertreatment Devices, Steering & Safety System, RVD, ADAS and Country, & Vehicle Type (Passenger Car, Light Trucks & AFV) - Forecast to 2021 www.MarketsandMarkets.com
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. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=266497462
Automatic transmission is projected to hold the largest market share in the North American light duty vehicle market The North American market is inclined towards automatic transmission owing to customer’s preference for automatic transmission systems and stringent emission norms. As a manual transmission’s fuel efficiency depends on driver proficiency, the automatic transmission’s 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. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=266497462
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. Advancement in technology has led to improved fuel economy of vehicles which has prompted customers to purchase light duty vehicles. Electric pick-up trucks are also becoming a key trend in this region. The light truck segment is estimated to dominate the Mexican light duty vehicle production market in terms of growth rate Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=266497462
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. The major players such as General Motors (U.S.), Ford Motor Company (U.S.), Toyota Motor Corporation (Japan), Fiat Chrysler Automobiles (U.K.) are global vehicle manufacturers who have been covered in this study. Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=266497462
Market Ecosystem: The North American light duty vehicles ecosystem consists of various major manufacturers such as General Motors (U.S.), Ford Motor Company (U.S.), Honda Motor (Japan), Hyundai Motors (South Korea), and Fiat Chrysler Automobiles (U.K.), and Toyota Motor Corporation (Japan). Buy Now: https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=266497462
Browse >> 57market data tables 39figures 222pagesand in-depth TOC “Light Duty Vehicle Market for North America by Key OEM & Model, Engine Capacity, Fuel, Turbocharger, Transmission, Aftertreatment Devices, Steering & Safety System, RVD, ADAS and Country, & Vehicle Type (Passenger Car, Light Trucks & AFV) - Forecast to 2021” Early buyers will receive 10% customization on this report. This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.
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