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Medium and Heavy Duty Commercial Vehicles-Global Market Insights and Sales Trends 2025

Medium and Heavy Duty Commercial Vehicles-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1867245

No of Pages : 112

Synopsis
Medium and Heavy Duty Commercial Vehicle, is the European Union (EU) term for any truck with a gross combination mass (GCM) of over 3,500 kilograms (7,716 lb).Sub-category N2 is used for vehicles between 3,500 kilograms (7,716 lb) and 12,000 kilograms (26,455 lb) and N3 for all goods vehicles over 12,000 kilograms (26,455 lb) as defined in Directive 2001/116/EC. The term medium goods vehicle is used within parts of the UK government to refer to goods vehicles of between 3.5 and 7.5 tonnes which according to the EU are also "large goods vehicles".
The global Medium and Heavy Duty Commercial Vehicles market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Medium and Heavy Duty Commercial Vehicles in various end use industries. The expanding demands from the Transportation, Construction and Other,, are propelling Medium and Heavy Duty Commercial Vehicles market. Fuel Commercial Vehicles, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Electric or Hybrid Commercial Vehicles segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Medium and Heavy Duty Commercial Vehicles market, driven by demand from China, the second largest economy with some signs of stabilising, the Medium and Heavy Duty Commercial Vehicles market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Medium and Heavy Duty Commercial Vehicles, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Medium and Heavy Duty Commercial Vehicles market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Medium and Heavy Duty Commercial Vehicles market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Medium and Heavy Duty Commercial Vehicles sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Medium and Heavy Duty Commercial Vehicles covered in this report include PACCAR, Daimler, Volvo Group, MAN SE, Tata Motors, Isuzu Motors, Scania AB, FAW Group and Hyundai Motor, etc.
The global Medium and Heavy Duty Commercial Vehicles market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
PACCAR
Daimler
Volvo Group
MAN SE
Tata Motors
Isuzu Motors
Scania AB
FAW Group
Hyundai Motor
Dongfeng Motor
Mercedes Benz
Volkswagen
Sisu Auto
Ford
MITSUBISHI
Freightliner
MACK
Shaanxi Automobile Group
CNHTC
Global Medium and Heavy Duty Commercial Vehicles market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Medium and Heavy Duty Commercial Vehicles market, Segment by Type:
Fuel Commercial Vehicles
Electric or Hybrid Commercial Vehicles
Global Medium and Heavy Duty Commercial Vehicles market, by Application
Transportation
Construction
Other
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Medium and Heavy Duty Commercial Vehicles manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Medium and Heavy Duty Commercial Vehicles in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Medium and Heavy Duty Commercial Vehicles Market Overview
1.1 Medium and Heavy Duty Commercial Vehicles Product Overview
1.2 Medium and Heavy Duty Commercial Vehicles Market Segment by Type
1.2.1 Fuel Commercial Vehicles
1.2.2 Electric or Hybrid Commercial Vehicles
1.3 Global Medium and Heavy Duty Commercial Vehicles Market Size by Type
1.3.1 Global Medium and Heavy Duty Commercial Vehicles Market Size Overview by Type (2018-2029)
1.3.2 Global Medium and Heavy Duty Commercial Vehicles Historic Market Size Review by Type (2018-2023)
1.3.3 Global Medium and Heavy Duty Commercial Vehicles Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Medium and Heavy Duty Commercial Vehicles Sales Breakdown by Type (2018-2023)
1.4.2 Europe Medium and Heavy Duty Commercial Vehicles Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Medium and Heavy Duty Commercial Vehicles Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Medium and Heavy Duty Commercial Vehicles Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Medium and Heavy Duty Commercial Vehicles Sales Breakdown by Type (2018-2023)
2 Global Medium and Heavy Duty Commercial Vehicles Market Competition by Company
2.1 Global Top Players by Medium and Heavy Duty Commercial Vehicles Sales (2018-2023)
2.2 Global Top Players by Medium and Heavy Duty Commercial Vehicles Revenue (2018-2023)
2.3 Global Top Players by Medium and Heavy Duty Commercial Vehicles Price (2018-2023)
2.4 Global Top Manufacturers Medium and Heavy Duty Commercial Vehicles Manufacturing Base Distribution, Sales Area, Product Type
2.5 Medium and Heavy Duty Commercial Vehicles Market Competitive Situation and Trends
2.5.1 Medium and Heavy Duty Commercial Vehicles Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Medium and Heavy Duty Commercial Vehicles Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Medium and Heavy Duty Commercial Vehicles as of 2022)
2.7 Date of Key Manufacturers Enter into Medium and Heavy Duty Commercial Vehicles Market
2.8 Key Manufacturers Medium and Heavy Duty Commercial Vehicles Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Medium and Heavy Duty Commercial Vehicles Status and Outlook by Region
3.1 Global Medium and Heavy Duty Commercial Vehicles Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Medium and Heavy Duty Commercial Vehicles Historic Market Size by Region
3.2.1 Global Medium and Heavy Duty Commercial Vehicles Sales in Volume by Region (2018-2023)
3.2.2 Global Medium and Heavy Duty Commercial Vehicles Sales in Value by Region (2018-2023)
3.2.3 Global Medium and Heavy Duty Commercial Vehicles Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Medium and Heavy Duty Commercial Vehicles Forecasted Market Size by Region
3.3.1 Global Medium and Heavy Duty Commercial Vehicles Sales in Volume by Region (2024-2029)
3.3.2 Global Medium and Heavy Duty Commercial Vehicles Sales in Value by Region (2024-2029)
3.3.3 Global Medium and Heavy Duty Commercial Vehicles Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Medium and Heavy Duty Commercial Vehicles by Application
4.1 Medium and Heavy Duty Commercial Vehicles Market Segment by Application
4.1.1 Transportation
4.1.2 Construction
4.1.3 Other
4.2 Global Medium and Heavy Duty Commercial Vehicles Market Size by Application
4.2.1 Global Medium and Heavy Duty Commercial Vehicles Market Size Overview by Application (2018-2029)
4.2.2 Global Medium and Heavy Duty Commercial Vehicles Historic Market Size Review by Application (2018-2023)
4.2.3 Global Medium and Heavy Duty Commercial Vehicles Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Medium and Heavy Duty Commercial Vehicles Sales Breakdown by Application (2018-2023)
4.3.2 Europe Medium and Heavy Duty Commercial Vehicles Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Medium and Heavy Duty Commercial Vehicles Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Medium and Heavy Duty Commercial Vehicles Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Medium and Heavy Duty Commercial Vehicles Sales Breakdown by Application (2018-2023)
5 North America Medium and Heavy Duty Commercial Vehicles by Country
5.1 North America Medium and Heavy Duty Commercial Vehicles Historic Market Size by Country
5.1.1 North America Medium and Heavy Duty Commercial Vehicles Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Medium and Heavy Duty Commercial Vehicles Sales in Volume by Country (2018-2023)
5.1.3 North America Medium and Heavy Duty Commercial Vehicles Sales in Value by Country (2018-2023)
5.2 North America Medium and Heavy Duty Commercial Vehicles Forecasted Market Size by Country
5.2.1 North America Medium and Heavy Duty Commercial Vehicles Sales in Volume by Country (2024-2029)
5.2.2 North America Medium and Heavy Duty Commercial Vehicles Sales in Value by Country (2024-2029)
6 Europe Medium and Heavy Duty Commercial Vehicles by Country
6.1 Europe Medium and Heavy Duty Commercial Vehicles Historic Market Size by Country
6.1.1 Europe Medium and Heavy Duty Commercial Vehicles Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Medium and Heavy Duty Commercial Vehicles Sales in Volume by Country (2018-2023)
6.1.3 Europe Medium and Heavy Duty Commercial Vehicles Sales in Value by Country (2018-2023)
6.2 Europe Medium and Heavy Duty Commercial Vehicles Forecasted Market Size by Country
6.2.1 Europe Medium and Heavy Duty Commercial Vehicles Sales in Volume by Country (2024-2029)
6.2.2 Europe Medium and Heavy Duty Commercial Vehicles Sales in Value by Country (2024-2029)
7 Asia-Pacific Medium and Heavy Duty Commercial Vehicles by Region
7.1 Asia-Pacific Medium and Heavy Duty Commercial Vehicles Historic Market Size by Region
7.1.1 Asia-Pacific Medium and Heavy Duty Commercial Vehicles Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Medium and Heavy Duty Commercial Vehicles Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Medium and Heavy Duty Commercial Vehicles Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Medium and Heavy Duty Commercial Vehicles Forecasted Market Size by Region
7.2.1 Asia-Pacific Medium and Heavy Duty Commercial Vehicles Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Medium and Heavy Duty Commercial Vehicles Sales in Value by Region (2024-2029)
8 Latin America Medium and Heavy Duty Commercial Vehicles by Country
8.1 Latin America Medium and Heavy Duty Commercial Vehicles Historic Market Size by Country
8.1.1 Latin America Medium and Heavy Duty Commercial Vehicles Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Medium and Heavy Duty Commercial Vehicles Sales in Volume by Country (2018-2023)
8.1.3 Latin America Medium and Heavy Duty Commercial Vehicles Sales in Value by Country (2018-2023)
8.2 Latin America Medium and Heavy Duty Commercial Vehicles Forecasted Market Size by Country
8.2.1 Latin America Medium and Heavy Duty Commercial Vehicles Sales in Volume by Country (2024-2029)
8.2.2 Latin America Medium and Heavy Duty Commercial Vehicles Sales in Value by Country (2024-2029)
9 Middle East and Africa Medium and Heavy Duty Commercial Vehicles by Country
9.1 Middle East and Africa Medium and Heavy Duty Commercial Vehicles Historic Market Size by Country
9.1.1 Middle East and Africa Medium and Heavy Duty Commercial Vehicles Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Medium and Heavy Duty Commercial Vehicles Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Medium and Heavy Duty Commercial Vehicles Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Medium and Heavy Duty Commercial Vehicles Forecasted Market Size by Country
9.2.1 Middle East and Africa Medium and Heavy Duty Commercial Vehicles Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Medium and Heavy Duty Commercial Vehicles Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 PACCAR
10.1.1 PACCAR Company Information
10.1.2 PACCAR Introduction and Business Overview
10.1.3 PACCAR Medium and Heavy Duty Commercial Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.1.4 PACCAR Medium and Heavy Duty Commercial Vehicles Products Offered
10.1.5 PACCAR Recent Development
10.2 Daimler
10.2.1 Daimler Company Information
10.2.2 Daimler Introduction and Business Overview
10.2.3 Daimler Medium and Heavy Duty Commercial Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Daimler Medium and Heavy Duty Commercial Vehicles Products Offered
10.2.5 Daimler Recent Development
10.3 Volvo Group
10.3.1 Volvo Group Company Information
10.3.2 Volvo Group Introduction and Business Overview
10.3.3 Volvo Group Medium and Heavy Duty Commercial Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Volvo Group Medium and Heavy Duty Commercial Vehicles Products Offered
10.3.5 Volvo Group Recent Development
10.4 MAN SE
10.4.1 MAN SE Company Information
10.4.2 MAN SE Introduction and Business Overview
10.4.3 MAN SE Medium and Heavy Duty Commercial Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.4.4 MAN SE Medium and Heavy Duty Commercial Vehicles Products Offered
10.4.5 MAN SE Recent Development
10.5 Tata Motors
10.5.1 Tata Motors Company Information
10.5.2 Tata Motors Introduction and Business Overview
10.5.3 Tata Motors Medium and Heavy Duty Commercial Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Tata Motors Medium and Heavy Duty Commercial Vehicles Products Offered
10.5.5 Tata Motors Recent Development
10.6 Isuzu Motors
10.6.1 Isuzu Motors Company Information
10.6.2 Isuzu Motors Introduction and Business Overview
10.6.3 Isuzu Motors Medium and Heavy Duty Commercial Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Isuzu Motors Medium and Heavy Duty Commercial Vehicles Products Offered
10.6.5 Isuzu Motors Recent Development
10.7 Scania AB
10.7.1 Scania AB Company Information
10.7.2 Scania AB Introduction and Business Overview
10.7.3 Scania AB Medium and Heavy Duty Commercial Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Scania AB Medium and Heavy Duty Commercial Vehicles Products Offered
10.7.5 Scania AB Recent Development
10.8 FAW Group
10.8.1 FAW Group Company Information
10.8.2 FAW Group Introduction and Business Overview
10.8.3 FAW Group Medium and Heavy Duty Commercial Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.8.4 FAW Group Medium and Heavy Duty Commercial Vehicles Products Offered
10.8.5 FAW Group Recent Development
10.9 Hyundai Motor
10.9.1 Hyundai Motor Company Information
10.9.2 Hyundai Motor Introduction and Business Overview
10.9.3 Hyundai Motor Medium and Heavy Duty Commercial Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Hyundai Motor Medium and Heavy Duty Commercial Vehicles Products Offered
10.9.5 Hyundai Motor Recent Development
10.10 Dongfeng Motor
10.10.1 Dongfeng Motor Company Information
10.10.2 Dongfeng Motor Introduction and Business Overview
10.10.3 Dongfeng Motor Medium and Heavy Duty Commercial Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Dongfeng Motor Medium and Heavy Duty Commercial Vehicles Products Offered
10.10.5 Dongfeng Motor Recent Development
10.11 Mercedes Benz
10.11.1 Mercedes Benz Company Information
10.11.2 Mercedes Benz Introduction and Business Overview
10.11.3 Mercedes Benz Medium and Heavy Duty Commercial Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Mercedes Benz Medium and Heavy Duty Commercial Vehicles Products Offered
10.11.5 Mercedes Benz Recent Development
10.12 Volkswagen
10.12.1 Volkswagen Company Information
10.12.2 Volkswagen Introduction and Business Overview
10.12.3 Volkswagen Medium and Heavy Duty Commercial Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Volkswagen Medium and Heavy Duty Commercial Vehicles Products Offered
10.12.5 Volkswagen Recent Development
10.13 Sisu Auto
10.13.1 Sisu Auto Company Information
10.13.2 Sisu Auto Introduction and Business Overview
10.13.3 Sisu Auto Medium and Heavy Duty Commercial Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Sisu Auto Medium and Heavy Duty Commercial Vehicles Products Offered
10.13.5 Sisu Auto Recent Development
10.14 Ford
10.14.1 Ford Company Information
10.14.2 Ford Introduction and Business Overview
10.14.3 Ford Medium and Heavy Duty Commercial Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Ford Medium and Heavy Duty Commercial Vehicles Products Offered
10.14.5 Ford Recent Development
10.15 MITSUBISHI
10.15.1 MITSUBISHI Company Information
10.15.2 MITSUBISHI Introduction and Business Overview
10.15.3 MITSUBISHI Medium and Heavy Duty Commercial Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.15.4 MITSUBISHI Medium and Heavy Duty Commercial Vehicles Products Offered
10.15.5 MITSUBISHI Recent Development
10.16 Freightliner
10.16.1 Freightliner Company Information
10.16.2 Freightliner Introduction and Business Overview
10.16.3 Freightliner Medium and Heavy Duty Commercial Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Freightliner Medium and Heavy Duty Commercial Vehicles Products Offered
10.16.5 Freightliner Recent Development
10.17 MACK
10.17.1 MACK Company Information
10.17.2 MACK Introduction and Business Overview
10.17.3 MACK Medium and Heavy Duty Commercial Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.17.4 MACK Medium and Heavy Duty Commercial Vehicles Products Offered
10.17.5 MACK Recent Development
10.18 Shaanxi Automobile Group
10.18.1 Shaanxi Automobile Group Company Information
10.18.2 Shaanxi Automobile Group Introduction and Business Overview
10.18.3 Shaanxi Automobile Group Medium and Heavy Duty Commercial Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.18.4 Shaanxi Automobile Group Medium and Heavy Duty Commercial Vehicles Products Offered
10.18.5 Shaanxi Automobile Group Recent Development
10.19 CNHTC
10.19.1 CNHTC Company Information
10.19.2 CNHTC Introduction and Business Overview
10.19.3 CNHTC Medium and Heavy Duty Commercial Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.19.4 CNHTC Medium and Heavy Duty Commercial Vehicles Products Offered
10.19.5 CNHTC Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Medium and Heavy Duty Commercial Vehicles Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Medium and Heavy Duty Commercial Vehicles Industrial Chain Analysis
11.4 Medium and Heavy Duty Commercial Vehicles Market Dynamics
11.4.1 Medium and Heavy Duty Commercial Vehicles Industry Trends
11.4.2 Medium and Heavy Duty Commercial Vehicles Market Drivers
11.4.3 Medium and Heavy Duty Commercial Vehicles Market Challenges
11.4.4 Medium and Heavy Duty Commercial Vehicles Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Medium and Heavy Duty Commercial Vehicles Distributors
12.3 Medium and Heavy Duty Commercial Vehicles Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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