LCVs control 42 per cent of the commercial vehicle market on average, but in 2021, the segment's market share edged up to 45 per cent on the back of 6 per cent growth in sales, industry analysts said. "The demand for LCVs is growing as the number of SMEs and online businesses in the country has risen in line with the receding pandemic situation," said Humayun Rashid, executive director of Energypac, the sole local distributor of Chinese automaker JAC Motors.