Mini truck, also called a micro-truck, are tiny but practical light trucks, available in RWD or 4WD version, originally built to satisfy the Japanese keijidōsha statutory class of light vehicles. Generally they fall under sub 1000cc engine category. These vehicles find their use in intra-city low tonnage cargo delivery, like postal and courier services or home delivery of appliances from dealer to the customer i.e. light loads over short distances.
Market Analysis and Insights: Global Mini Trucks Market
Due to the COVID-19 pandemic, the global Mini Trucks market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Fuel Type accounting for % of the Mini Trucks global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Home segment is altered to an % CAGR throughout this forecast period.
China Mini Trucks market size is valued at US$ million in 2021, while the US and Europe Mini Trucks are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Mini Trucks landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period 2022-2028.
The global key manufacturers of Mini Trucks include Suzuki, Honda, Ford Motor Company, General Motors Company, Toyota Motor Corporation, Tata Motors Limited, Ashok Leyland, MAHINDRA & MAHINDRA and SUBARU Corporation, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Mini Trucks capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Mini Trucks by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Mini Trucks Scope and Segment
Mini Trucks market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Mini Trucks market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Fuel Type
Electric Type
Segment by Application
Home
Commercial
By Company
Suzuki
Honda
Ford Motor Company
General Motors Company
Toyota Motor Corporation
Tata Motors Limited
Ashok Leyland
MAHINDRA & MAHINDRA
SUBARU Corporation
Mitsubishi Motors Corporation
Nissan Clipper
Daihtsu Hijet
Mazda Motor Corporation
Dongfeng Motor Corporation
Beiqi Foton Motor
China Chang'an Automobile Group
Harbin Hafei Automobile Industry Group
SAIC-GM-Wuling
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE