Canada Light Duty Vehicle Market (2025-2031) | Forecast, Companies, Industry, Share, Size, Analysis, Growth, Outlook, Value, Trends, Revenue & Segmentation

Name: Canada Light Duty Vehicle Market (2025-2031) | Analysis & Revenue
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Light Duty Vehicle Market, Canada Light Duty Vehicle Market, Canada Light Duty Vehicle Market Revenues, Canada Light Duty Vehicle Market Share, Canada Light Duty Vehicle Market Size, Canada Light Duty Vehicle Market Outlook, Canada Light Duty Vehicle Market Report, Canada Light Duty Vehicle Market Competition, Canada Light Duty Vehicle Market Overview, Canada Light Duty Vehicle Market Trends, Canada Light Duty Vehicle Market Forecast

Market Forecast By Transmission Type (Automatic transmission (AT), Continuous variable transmission (CVT), Manual transmission (MT)), By Turbocharger (Gasoline Turbocharged, Diesel Turbocharged) And Competitive Landscape

Product Code: ETC5872877	Publication Date: Nov 2023	Updated Date: Jan 2026	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Ravi Bhandari	No. of Pages: 60	No. of Figures: 30	No. of Tables: 5

Canada Light Duty Vehicle Market: Import Trend Analysis

During 2020-2024, the Canada light-duty vehicle market witnessed a Compound Annual Growth Rate (CAGR) of 10.14%. However, in 2023-2024, the year-on-year growth rate experienced a decline of -13.54%. Overall, imports of light-duty vehicles increased during this period, driven by the positive CAGR despite a slight decrease in growth rate in the final year.

Canada Light Duty Vehicle Market: Import Trend Analysis

Key Highlights of the Report:

Canada Light Duty Vehicle Market Outlook
Market Size of Canada Light Duty Vehicle Market, 2024
Forecast of Canada Light Duty Vehicle Market, 2031
Historical Data and Forecast of Canada Light Duty Vehicle Revenues & Volume for the Period 2021-2031
Canada Light Duty Vehicle Market Trend Evolution
Canada Light Duty Vehicle Market Drivers and Challenges
Canada Light Duty Vehicle Price Trends
Canada Light Duty Vehicle Porter`s Five Forces
Canada Light Duty Vehicle Industry Life Cycle
Historical Data and Forecast of Canada Light Duty Vehicle Market Revenues & Volume By Transmission Type for the Period 2021-2031
Historical Data and Forecast of Canada Light Duty Vehicle Market Revenues & Volume By Automatic transmission (AT) for the Period 2021-2031
Historical Data and Forecast of Canada Light Duty Vehicle Market Revenues & Volume By Continuous variable transmission (CVT) for the Period 2021-2031
Historical Data and Forecast of Canada Light Duty Vehicle Market Revenues & Volume By Manual transmission (MT) for the Period 2021-2031
Historical Data and Forecast of Canada Light Duty Vehicle Market Revenues & Volume By Turbocharger for the Period 2021-2031
Historical Data and Forecast of Canada Light Duty Vehicle Market Revenues & Volume By Gasoline Turbocharged for the Period 2021-2031
Historical Data and Forecast of Canada Light Duty Vehicle Market Revenues & Volume By Diesel Turbocharged for the Period 2021-2031
Canada Light Duty Vehicle Import Export Trade Statistics
Market Opportunity Assessment By Transmission Type
Market Opportunity Assessment By Turbocharger
Canada Light Duty Vehicle Top Companies Market Share
Canada Light Duty Vehicle Competitive Benchmarking By Technical and Operational Parameters
Canada Light Duty Vehicle Company Profiles
Canada Light Duty Vehicle Key Strategic Recommendations

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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Canada Light Duty Vehicle Market Overview

3.1 Canada Country Macro Economic Indicators

3.2 Canada Light Duty Vehicle Market Revenues & Volume, 2021 & 2031F

3.3 Canada Light Duty Vehicle Market - Industry Life Cycle

3.4 Canada Light Duty Vehicle Market - Porter's Five Forces

3.5 Canada Light Duty Vehicle Market Revenues & Volume Share, By Transmission Type, 2021 & 2031F

3.6 Canada Light Duty Vehicle Market Revenues & Volume Share, By Turbocharger, 2021 & 2031F

4 Canada Light Duty Vehicle Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Technological advancements in electric vehicles

4.2.2 Increasing consumer demand for fuel-efficient vehicles

4.2.3 Government incentives for the adoption of eco-friendly vehicles

4.3 Market Restraints

4.3.1 Fluctuating fuel prices

4.3.2 Regulatory changes impacting vehicle manufacturing and sales

4.3.3 Economic downturn affecting consumer spending on vehicles

5 Canada Light Duty Vehicle Market Trends

6 Canada Light Duty Vehicle Market Segmentations

6.1 Canada Light Duty Vehicle Market, By Transmission Type

6.1.1 Overview and Analysis

6.1.2 Canada Light Duty Vehicle Market Revenues & Volume, By Automatic transmission (AT), 2021-2031F

6.1.3 Canada Light Duty Vehicle Market Revenues & Volume, By Continuous variable transmission (CVT), 2021-2031F

6.1.4 Canada Light Duty Vehicle Market Revenues & Volume, By Manual transmission (MT), 2021-2031F

6.2 Canada Light Duty Vehicle Market, By Turbocharger

6.2.1 Overview and Analysis

6.2.2 Canada Light Duty Vehicle Market Revenues & Volume, By Gasoline Turbocharged, 2021-2031F

6.2.3 Canada Light Duty Vehicle Market Revenues & Volume, By Diesel Turbocharged, 2021-2031F

7 Canada Light Duty Vehicle Market Import-Export Trade Statistics

7.1 Canada Light Duty Vehicle Market Export to Major Countries

7.2 Canada Light Duty Vehicle Market Imports from Major Countries

8 Canada Light Duty Vehicle Market Key Performance Indicators

8.1 Average fuel efficiency of vehicles sold

8.2 Adoption rate of electric vehicles

8.3 Investment in research and development for vehicle technology innovation

8.4 Number of government incentives supporting eco-friendly vehicles

8.5 Consumer sentiment towards purchasing light duty vehicles

9 Canada Light Duty Vehicle Market - Opportunity Assessment

9.1 Canada Light Duty Vehicle Market Opportunity Assessment, By Transmission Type, 2021 & 2031F

9.2 Canada Light Duty Vehicle Market Opportunity Assessment, By Turbocharger, 2021 & 2031F

10 Canada Light Duty Vehicle Market - Competitive Landscape

10.1 Canada Light Duty Vehicle Market Revenue Share, By Companies, 2024

10.2 Canada Light Duty Vehicle Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

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