Global Truck Market Growth 2023-2029

Global Truck Market Growth 2023-2029

A truck, also called a truck, is generally referred to as a truck. It is a vehicle used mainly for transporting goods, and sometimes also a vehicle that can pull other vehicles. It falls into the category of commercial vehicles.

LPI (LP Information)' newest research report, the “Truck Industry Forecast” looks at past sales and reviews total world Truck sales in 2022, providing a comprehensive analysis by region and market sector of projected Truck sales for 2023 through 2029. With Truck sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Truck industry.

This Insight Report provides a comprehensive analysis of the global Truck landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Truck portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Truck market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Truck and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Truck.

The global Truck market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

North America and Europe have been constantly losing their shares, which is being gained by the emerging markets in Asia Pacific and Middle East.

This report presents a comprehensive overview, market shares, and growth opportunities of Truck market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Capacity Below 25 Ton
Capacity Between 25 Ton To 50 Ton
Capacity Above 50 Ton

Segmentation by application
Utility
Construction
Oil & Gas
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Toyota Industries Corporation
KION Group
Mitsubishi Nichiyu Forklift
Jungheinrich AG
Crown Equipment
Hyster-Yale Materials Handling
Anhui Forklift Truck
Doosan Industrial Vehicle
Hangcha Group
Clark Material Handling
Komatsu
Hyundai Heavy Industries
Combilift
EP Equipment
Konecranes

Key Questions Addressed in this Report

What is the 10-year outlook for the global Truck market?

What factors are driving Truck market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Truck market opportunities vary by end market size?

How does Truck break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.