According the report, Adoption of Electric Light-Duty Vehicles to Reduce Vehicular Pollution is one of the primary growth factors for the market. Increasing Demand for Fuel Efficiencient Vehicles Globally is also expected to contribute significantly to the Light Duty Vehicle market. Overall, Personal Use applications of Light Duty Vehicle, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.

AMA’s Analyst on the Global Light Duty Vehicle market identified that the demand is rising in many different parts of the world as "Increasing Demand for Light Weight Cars Due to Additional Advanced Emission Control Systems, and Integrated Electronic Systems without Increasing the Overall Weight of the Vehicle ". Furthermore, some recent industry insights like "In Sept 2019, Nissan and the EDF Group have signed a cooperation agreement to accelerate the delivery of electric mobility together, particularly through the smart charging of electric vehicles. The cooperation agreement focuses mainly on developing smart charging solutions (vehicle to grid or V2G) by bringing together technologies developed and mastered by both companies." is constantly making the industry dynamic. One of the challenges that industry facing is "Unavailability of Spare Parts"

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Light Duty Vehicle market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Light Duty Vehicle market and other related sub-markets covered in the study.

o Key & emerging players in the Light Duty Vehicle market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Light Duty Vehicle market size is calculated using market estimation process, the Light Duty Vehicle market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Light Duty Vehicle market size has been validated using both top-down and bottom-up approaches.