Commercial Vehicles Industry Research Report 2025

Summary

According to APO Research, The global Commercial Vehicles market was valued at US$ million in 2024 and is anticipated to reach US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2025-2031.

North American market for Commercial Vehicles is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

Asia-Pacific market for Commercial Vehicles is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Europe market for Commercial Vehicles is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The major global manufacturers of Commercial Vehicles include , etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Commercial Vehicles, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Commercial Vehicles.

The report will help the Commercial Vehicles manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

The Commercial Vehicles market size, estimations, and forecasts are provided in terms of sales volume (Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Commercial Vehicles market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.

Commercial Vehicles Segment by Company

Daimler AG
Renault-Nissan
GM
Ford
Isuzu
VW
FCA
Paccar
Navistar
Sinotruk Group
Geely
Toyota
Honda
Chery
PSA
Volvo
Hyundai Motor
Tata Motor
Mahindra & Mahindra
JAC
FAW
Zhengzhou Yutong Bus
Commercial Vehicles Segment by Type

Light Commercial Vehicle
Medium/Heavy Trucks
Buses & Coaches
Commercial Vehicles Segment by Application

Household
Construction
Public Service
Commercial Vehicles Segment by Region

North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Commercial Vehicles market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Commercial Vehicles and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Commercial Vehicles.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Commercial Vehicles manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Commercial Vehicles by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Commercial Vehicles in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: 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 11: The main points and conclusions of the report.

Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Commercial Vehicles by Type
2.2.1 Market Value Comparison by Type (2020 VS 2024 VS 2031) & (US$ Million)
2.2.2 Light Commercial Vehicle
2.2.3 Medium/Heavy Trucks
2.2.4 Buses & Coaches
2.3 Commercial Vehicles by Application
2.3.1 Market Value Comparison by Application (2020 VS 2024 VS 2031) & (US$ Million)
2.3.2 Household
2.3.3 Construction
2.3.4 Public Service
2.4 Global Market Growth Prospects
2.4.1 Global Commercial Vehicles Production Value Estimates and Forecasts (2020-2031)
2.4.2 Global Commercial Vehicles Production Capacity Estimates and Forecasts (2020-2031)
2.4.3 Global Commercial Vehicles Production Estimates and Forecasts (2020-2031)
2.4.4 Global Commercial Vehicles Market Average Price (2020-2031)
3 Market Competitive Landscape by Manufacturers
3.1 Global Commercial Vehicles Production by Manufacturers (2020-2025)
3.2 Global Commercial Vehicles Production Value by Manufacturers (2020-2025)
3.3 Global Commercial Vehicles Average Price by Manufacturers (2020-2025)
3.4 Global Commercial Vehicles Industry Manufacturers Ranking, 2023 VS 2024 VS 2025
3.5 Global Commercial Vehicles Key Manufacturers, Manufacturing Sites & Headquarters
3.6 Global Commercial Vehicles Manufacturers, Product Type & Application
3.7 Global Commercial Vehicles Manufacturers Established Date
3.8 Global Commercial Vehicles Market CR5 and HHI
3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
4.1 Daimler AG
4.1.1 Daimler AG Commercial Vehicles Company Information
4.1.2 Daimler AG Commercial Vehicles Business Overview
4.1.3 Daimler AG Commercial Vehicles Production, Value and Gross Margin (2020-2025)
4.1.4 Daimler AG Product Portfolio
4.1.5 Daimler AG Recent Developments
4.2 Renault-Nissan
4.2.1 Renault-Nissan Commercial Vehicles Company Information
4.2.2 Renault-Nissan Commercial Vehicles Business Overview
4.2.3 Renault-Nissan Commercial Vehicles Production, Value and Gross Margin (2020-2025)
4.2.4 Renault-Nissan Product Portfolio
4.2.5 Renault-Nissan Recent Developments
4.3 GM
4.3.1 GM Commercial Vehicles Company Information
4.3.2 GM Commercial Vehicles Business Overview
4.3.3 GM Commercial Vehicles Production, Value and Gross Margin (2020-2025)
4.3.4 GM Product Portfolio
4.3.5 GM Recent Developments
4.4 Ford
4.4.1 Ford Commercial Vehicles Company Information
4.4.2 Ford Commercial Vehicles Business Overview
4.4.3 Ford Commercial Vehicles Production, Value and Gross Margin (2020-2025)
4.4.4 Ford Product Portfolio
4.4.5 Ford Recent Developments
4.5 Isuzu
4.5.1 Isuzu Commercial Vehicles Company Information
4.5.2 Isuzu Commercial Vehicles Business Overview
4.5.3 Isuzu Commercial Vehicles Production, Value and Gross Margin (2020-2025)
4.5.4 Isuzu Product Portfolio
4.5.5 Isuzu Recent Developments
4.6 VW
4.6.1 VW Commercial Vehicles Company Information
4.6.2 VW Commercial Vehicles Business Overview
4.6.3 VW Commercial Vehicles Production, Value and Gross Margin (2020-2025)
4.6.4 VW Product Portfolio
4.6.5 VW Recent Developments
4.7 FCA
4.7.1 FCA Commercial Vehicles Company Information
4.7.2 FCA Commercial Vehicles Business Overview
4.7.3 FCA Commercial Vehicles Production, Value and Gross Margin (2020-2025)
4.7.4 FCA Product Portfolio
4.7.5 FCA Recent Developments
4.8 Paccar
4.8.1 Paccar Commercial Vehicles Company Information
4.8.2 Paccar Commercial Vehicles Business Overview
4.8.3 Paccar Commercial Vehicles Production, Value and Gross Margin (2020-2025)
4.8.4 Paccar Product Portfolio
4.8.5 Paccar Recent Developments
4.9 Navistar
4.9.1 Navistar Commercial Vehicles Company Information
4.9.2 Navistar Commercial Vehicles Business Overview
4.9.3 Navistar Commercial Vehicles Production, Value and Gross Margin (2020-2025)
4.9.4 Navistar Product Portfolio
4.9.5 Navistar Recent Developments
4.10 Sinotruk Group
4.10.1 Sinotruk Group Commercial Vehicles Company Information
4.10.2 Sinotruk Group Commercial Vehicles Business Overview
4.10.3 Sinotruk Group Commercial Vehicles Production, Value and Gross Margin (2020-2025)
4.10.4 Sinotruk Group Product Portfolio
4.10.5 Sinotruk Group Recent Developments
4.11 Geely
4.11.1 Geely Commercial Vehicles Company Information
4.11.2 Geely Commercial Vehicles Business Overview
4.11.3 Geely Commercial Vehicles Production, Value and Gross Margin (2020-2025)
4.11.4 Geely Product Portfolio
4.11.5 Geely Recent Developments
4.12 Toyota
4.12.1 Toyota Commercial Vehicles Company Information
4.12.2 Toyota Commercial Vehicles Business Overview
4.12.3 Toyota Commercial Vehicles Production, Value and Gross Margin (2020-2025)
4.12.4 Toyota Product Portfolio
4.12.5 Toyota Recent Developments
4.13 Honda
4.13.1 Honda Commercial Vehicles Company Information
4.13.2 Honda Commercial Vehicles Business Overview
4.13.3 Honda Commercial Vehicles Production, Value and Gross Margin (2020-2025)
4.13.4 Honda Product Portfolio
4.13.5 Honda Recent Developments
4.14 Chery
4.14.1 Chery Commercial Vehicles Company Information
4.14.2 Chery Commercial Vehicles Business Overview
4.14.3 Chery Commercial Vehicles Production, Value and Gross Margin (2020-2025)
4.14.4 Chery Product Portfolio
4.14.5 Chery Recent Developments
4.15 PSA
4.15.1 PSA Commercial Vehicles Company Information
4.15.2 PSA Commercial Vehicles Business Overview
4.15.3 PSA Commercial Vehicles Production, Value and Gross Margin (2020-2025)
4.15.4 PSA Product Portfolio
4.15.5 PSA Recent Developments
4.16 Volvo
4.16.1 Volvo Commercial Vehicles Company Information
4.16.2 Volvo Commercial Vehicles Business Overview
4.16.3 Volvo Commercial Vehicles Production, Value and Gross Margin (2020-2025)
4.16.4 Volvo Product Portfolio
4.16.5 Volvo Recent Developments
4.17 Hyundai Motor
4.17.1 Hyundai Motor Commercial Vehicles Company Information
4.17.2 Hyundai Motor Commercial Vehicles Business Overview
4.17.3 Hyundai Motor Commercial Vehicles Production, Value and Gross Margin (2020-2025)
4.17.4 Hyundai Motor Product Portfolio
4.17.5 Hyundai Motor Recent Developments
4.18 Tata Motor
4.18.1 Tata Motor Commercial Vehicles Company Information
4.18.2 Tata Motor Commercial Vehicles Business Overview
4.18.3 Tata Motor Commercial Vehicles Production, Value and Gross Margin (2020-2025)
4.18.4 Tata Motor Product Portfolio
4.18.5 Tata Motor Recent Developments
4.19 Mahindra & Mahindra
4.19.1 Mahindra & Mahindra Commercial Vehicles Company Information
4.19.2 Mahindra & Mahindra Commercial Vehicles Business Overview
4.19.3 Mahindra & Mahindra Commercial Vehicles Production, Value and Gross Margin (2020-2025)
4.19.4 Mahindra & Mahindra Product Portfolio
4.19.5 Mahindra & Mahindra Recent Developments
4.20 JAC
4.20.1 JAC Commercial Vehicles Company Information
4.20.2 JAC Commercial Vehicles Business Overview
4.20.3 JAC Commercial Vehicles Production, Value and Gross Margin (2020-2025)
4.20.4 JAC Product Portfolio
4.20.5 JAC Recent Developments
4.21 FAW
4.21.1 FAW Commercial Vehicles Company Information
4.21.2 FAW Commercial Vehicles Business Overview
4.21.3 FAW Commercial Vehicles Production, Value and Gross Margin (2020-2025)
4.21.4 FAW Product Portfolio
4.21.5 FAW Recent Developments
4.22 Zhengzhou Yutong Bus
4.22.1 Zhengzhou Yutong Bus Commercial Vehicles Company Information
4.22.2 Zhengzhou Yutong Bus Commercial Vehicles Business Overview
4.22.3 Zhengzhou Yutong Bus Commercial Vehicles Production, Value and Gross Margin (2020-2025)
4.22.4 Zhengzhou Yutong Bus Product Portfolio
4.22.5 Zhengzhou Yutong Bus Recent Developments
5 Global Commercial Vehicles Production by Region
5.1 Global Commercial Vehicles Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
5.2 Global Commercial Vehicles Production by Region: 2020-2031
5.2.1 Global Commercial Vehicles Production by Region: 2020-2025
5.2.2 Global Commercial Vehicles Production Forecast by Region (2026-2031)
5.3 Global Commercial Vehicles Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
5.4 Global Commercial Vehicles Production Value by Region: 2020-2031
5.4.1 Global Commercial Vehicles Production Value by Region: 2020-2025
5.4.2 Global Commercial Vehicles Production Value Forecast by Region (2026-2031)
5.5 Global Commercial Vehicles Market Price Analysis by Region (2020-2025)
5.6 Global Commercial Vehicles Production and Value, YOY Growth
5.6.1 North America Commercial Vehicles Production Value Estimates and Forecasts (2020-2031)
5.6.2 Europe Commercial Vehicles Production Value Estimates and Forecasts (2020-2031)
5.6.3 China Commercial Vehicles Production Value Estimates and Forecasts (2020-2031)
5.6.4 Japan Commercial Vehicles Production Value Estimates and Forecasts (2020-2031)
5.6.5 South Korea Commercial Vehicles Production Value Estimates and Forecasts (2020-2031)
5.6.6 India Commercial Vehicles Production Value Estimates and Forecasts (2020-2031)
6 Global Commercial Vehicles Consumption by Region
6.1 Global Commercial Vehicles Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
6.2 Global Commercial Vehicles Consumption by Region (2020-2031)
6.2.1 Global Commercial Vehicles Consumption by Region: 2020-2025
6.2.2 Global Commercial Vehicles Forecasted Consumption by Region (2026-2031)
6.3 North America
6.3.1 North America Commercial Vehicles Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
6.3.2 North America Commercial Vehicles Consumption by Country (2020-2031)
6.3.3 United States
6.3.4 Canada
6.3.5 Mexico
6.4 Europe
6.4.1 Europe Commercial Vehicles Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
6.4.2 Europe Commercial Vehicles Consumption by Country (2020-2031)
6.4.3 Germany
6.4.4 France
6.4.5 U.K.
6.4.6 Italy
6.4.7 Russia
6.4.8 Spain
6.4.9 Netherlands
6.4.10 Switzerland
6.4.11 Sweden
6.4.12 Poland
6.5 Asia Pacific
6.5.1 Asia Pacific Commercial Vehicles Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
6.5.2 Asia Pacific Commercial Vehicles Consumption by Country (2020-2031)
6.5.3 China
6.5.4 Japan
6.5.5 South Korea
6.5.6 India
6.5.7 Australia
6.5.8 Taiwan
6.5.9 Southeast Asia
6.6 South America, Middle East & Africa
6.6.1 South America, Middle East & Africa Commercial Vehicles Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
6.6.2 South America, Middle East & Africa Commercial Vehicles Consumption by Country (2020-2031)
6.6.3 Brazil
6.6.4 Argentina
6.6.5 Chile
6.6.6 Turkey
6.6.7 GCC Countries
7 Segment by Type
7.1 Global Commercial Vehicles Production by Type (2020-2031)
7.1.1 Global Commercial Vehicles Production by Type (2020-2031) & (Units)
7.1.2 Global Commercial Vehicles Production Market Share by Type (2020-2031)
7.2 Global Commercial Vehicles Production Value by Type (2020-2031)
7.2.1 Global Commercial Vehicles Production Value by Type (2020-2031) & (US$ Million)
7.2.2 Global Commercial Vehicles Production Value Market Share by Type (2020-2031)
7.3 Global Commercial Vehicles Price by Type (2020-2031)
8 Segment by Application
8.1 Global Commercial Vehicles Production by Application (2020-2031)
8.1.1 Global Commercial Vehicles Production by Application (2020-2031) & (Units)
8.1.2 Global Commercial Vehicles Production Market Share by Application (2020-2031)
8.2 Global Commercial Vehicles Production Value by Application (2020-2031)
8.2.1 Global Commercial Vehicles Production Value by Application (2020-2031) & (US$ Million)
8.2.2 Global Commercial Vehicles Production Value Market Share by Application (2020-2031)
8.3 Global Commercial Vehicles Price by Application (2020-2031)
9 Value Chain and Sales Channels Analysis of the Market
9.1 Commercial Vehicles Value Chain Analysis
9.1.1 Commercial Vehicles Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Commercial Vehicles Production Mode & Process
9.2 Commercial Vehicles Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Commercial Vehicles Distributors
9.2.3 Commercial Vehicles Customers
10 Global Commercial Vehicles Analyzing Market Dynamics
10.1 Commercial Vehicles Industry Trends
10.2 Commercial Vehicles Industry Drivers
10.3 Commercial Vehicles Industry Opportunities and Challenges
10.4 Commercial Vehicles Industry Restraints
11 Report Conclusion
12 Disclaimer

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