Market Overview:
The global pickups market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for passenger transport, the military, fire services, and others applications across the globe. In terms of type, the compact pickups segment is expected to dominate the global pickups market during the forecast period owing to its low cost and high fuel efficiency as compared to other types of pickups available in the market. However, in terms of volume sales, full-size pickups are expected to dominate due their larger size and higher payload capacity as compared to other types of pickups available in the market.
Product Definition:
Pickups are devices that allow electric guitars to convert the string vibrations into electrical signals. The importance of pickups is that they amplify the sound of the guitar so it can be heard by an audience or a recording device.
Compact Pickups:
Compact pickups are the new trend in the market and have been gaining a lot of popularity among consumers. Compact pickups offer numerous benefits such as they are cheaper to buy, easier to park, take up less space in a garage or car port and can be stacked on top of each other for more storage capacity.
Mid-size Pickups:
The mid-size pickups are the ones that have a capacity of holding between 4.2 to 6.5 liters of cargo in the bed and can be used for light to medium-duty tasks like moving furniture, tools, sporting goods, and small animals among others. The global mid-size pickup truck market size was valued at USD 28 billion in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 3% from 2019 to 2025.
Application Insights:
The passenger transport segment dominated the global pickups market in 2017, accounting for over 60.0% share of the overall revenue. The segment is expected to witness significant growth in the coming years owing to increasing consumer demand for passenger vehicles across various countries worldwide. This trend has been further reinforced by government initiatives such as affordable housing schemes and mortgage subsidies that have driven up household formation and given consumers more disposable income to spend on a car, thereby boosting demand for passenger cars among other light commercial vehicles such as mini trucks and vans among consumers globally.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to maintain its dominance over the forecast period as well owing to increasing demand for passenger cars and light commercial vehicles. Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 due to rising disposable income, improving standard of living, and growing population. Moreover, government initiatives encouraging people from rural areas towards urban centers are likely boost product demand across various applications in developing countries such as India and China. Additionally, investments by major manufacturers such as Toyota Industries Corporation; Suzuki Motor Corporation; Isuzu Motors Ltd.; Mazda Motor Corp.; Honda Cars Inc.; Nissan Diesel Co., Ltd.; Mitsubishi Electric Corporation; Isuzu Commercial Vehicles Inc.; Changan Automobile Group Co., Ltd; Tata Motors Limited; Hyundai Motor Company LLC will further fuel growth across this region over the next few years.
Growth Factors:
- Increasing demand for pickups from commercial and industrial sectors.
- Rising popularity of pickup trucks as lifestyle vehicles among young buyers.
- Growing preference for pickups over other types of vehicles in rural areas.
- Introduction of new models and variants by pickup truck manufacturers.
- Expansion of the aftermarket parts and accessories segment for pickups
Scope Of The Report
Report Attributes
Report Details
Report Title
Pickups Market Research Report
By Type
Compact Pickups, Mid-size Pickups, Full-size Pickups, Heavy-duty Pickups
By Application
Passenger Transport, The Military, Fire Services, Others
By Companies
Ford, GM, Toyota, FCA, Isuzu, Nissan, Mitsubishi, Mahindra & Mahindra, Volkswagen, Great Wall Motors, Jiangling Motors, ZXAUTO, Tata Motors, Ashok Leyland, Foton Motor
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Pickups Market Report Segments:
The global Pickups market is segmented on the basis of:
Types
Compact Pickups, Mid-size Pickups, Full-size Pickups, Heavy-duty Pickups
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Transport, The Military, Fire Services, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ford
- GM
- Toyota
- FCA
- Isuzu
- Nissan
- Mitsubishi
- Mahindra & Mahindra
- Volkswagen
- Great Wall Motors
- Jiangling Motors
- ZXAUTO
- Tata Motors
- Ashok Leyland
- Foton Motor
Highlights of The Pickups Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Compact Pickups
- Mid-size Pickups
- Full-size Pickups
- Heavy-duty Pickups
- By Application:
- Passenger Transport
- The Military
- Fire Services
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Pickups Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Pickups are a type of electric guitar that have a number of pickups on the body. These pickups can be used to create different sounds, depending on the position and configuration of the pickup.
Some of the key players operating in the pickups market are Ford, GM, Toyota, FCA, Isuzu, Nissan, Mitsubishi, Mahindra & Mahindra, Volkswagen, Great Wall Motors, Jiangling Motors, ZXAUTO, Tata Motors, Ashok Leyland, Foton Motor.
The pickups market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Pickups Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Pickups Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Pickups Market - Supply Chain
4.5. Global Pickups Market Forecast
4.5.1. Pickups Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Pickups Market Size (000 Units) and Y-o-Y Growth
4.5.3. Pickups Market Absolute $ Opportunity
5. Global Pickups Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Pickups Market Size and Volume Forecast by Type
5.3.1. Compact Pickups
5.3.2. Mid-size Pickups
5.3.3. Full-size Pickups
5.3.4. Heavy-duty Pickups
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Pickups Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Pickups Market Size and Volume Forecast by Application
6.3.1. Passenger Transport
6.3.2. The Military
6.3.3. Fire Services
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Pickups Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Pickups Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Pickups Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Pickups Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Pickups Demand Share Forecast, 2019-2026
9. North America Pickups Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Pickups Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Pickups Market Size and Volume Forecast by Application
9.4.1. Passenger Transport
9.4.2. The Military
9.4.3. Fire Services
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Pickups Market Size and Volume Forecast by Type
9.7.1. Compact Pickups
9.7.2. Mid-size Pickups
9.7.3. Full-size Pickups
9.7.4. Heavy-duty Pickups
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Pickups Demand Share Forecast, 2019-2026
10. Latin America Pickups Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Pickups Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Pickups Market Size and Volume Forecast by Application
10.4.1. Passenger Transport
10.4.2. The Military
10.4.3. Fire Services
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Pickups Market Size and Volume Forecast by Type
10.7.1. Compact Pickups
10.7.2. Mid-size Pickups
10.7.3. Full-size Pickups
10.7.4. Heavy-duty Pickups
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Pickups Demand Share Forecast, 2019-2026
11. Europe Pickups Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Pickups Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Pickups Market Size and Volume Forecast by Application
11.4.1. Passenger Transport
11.4.2. The Military
11.4.3. Fire Services
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Pickups Market Size and Volume Forecast by Type
11.7.1. Compact Pickups
11.7.2. Mid-size Pickups
11.7.3. Full-size Pickups
11.7.4. Heavy-duty Pickups
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
1.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Pickups Demand Share, 2019-2026
12. Asia Pacific Pickups Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Pickups Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Pickups Market Size and Volume Forecast by Application
12.4.1. Passenger Transport
12.4.2. The Military
12.4.3. Fire Services
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Pickups Market Size and Volume Forecast by Type
12.7.1. Compact Pickups
12.7.2. Mid-size Pickups
12.7.3. Full-size Pickups
12.7.4. Heavy-duty Pickups
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Pickups Demand Share, 2019-2026
13. Middle East & Africa Pickups Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Pickups Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Pickups Market Size and Volume Forecast by Application
13.4.1. Passenger Transport
13.4.2. The Military
13.4.3. Fire Services
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Pickups Market Size and Volume Forecast by Type
13.7.1. Compact Pickups
13.7.2. Mid-size Pickups
13.7.3. Full-size Pickups
13.7.4. Heavy-duty Pickups
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Pickups Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Pickups Market: Market Share Analysis
14.2. Pickups Distributors and Customers
14.3. Pickups Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Ford
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. GM
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Toyota
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. FCA
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Isuzu
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Nissan
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Mitsubishi
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Mahindra & Mahindra
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Volkswagen
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Great Wall Motors
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Jiangling Motors
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. ZXAUTO
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Tata Motors
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Ashok Leyland
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Foton Motor
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook