Global Medium and Heavy Trucks Market to 2027

Global Medium and Heavy Trucks Market to 2027


Summary
Global Medium & Heavy Trucks industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • The medium and heavy trucks market includes commercial vehicles (CVs), buses and coaches (BCs), heavy commercial vehicles (HCVs) and heavy buses and coaches (HBCs). CVs and BCs weigh 3.51 to 16 tonnes and include pick-ups and vans where they fall into this weight range. HCVs and HBCs weigh over 16 tonnes; the converted trucks and buses are excluded. The market volume include the number of newly registrated vehicle in any given year. The market value is calculated in terms of average manufacturer selling price (MSP) against market volume, and excludes all taxes and levies.
  • The global medium & heavy trucks market had total revenues of $265.7 billion in 2022, representing a compound annual growth rate (CAGR) of 0.6% between 2017 and 2022.
  • Market consumption volumes declined with a negative CAGR of 0.9% between 2017 and 2022, reaching a total of 5,068.4 thousand units in 2022.
  • Government measures to promote the scrapping of old and less fuel-efficient vehicles and the introduction of the National Emission IV Standards have declined the sales of traditional trucks in recent years. China's heavy truck industry is impacted by the country's macroeconomic environment, but economic growth has been subpar. The Purchasing Managers' Index (PMI) for the manufacturing industry, a crucial road transport sector, remained in the contraction zone for the fourth month in July at 49.3.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the medium & heavy trucks market in the global
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global medium & heavy trucks market
  • Leading company profiles reveal details of key medium & heavy trucks market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Global medium & heavy trucks market with five year forecasts by both value and volume
Reasons to Buy
  • What was the size of the Global medium & heavy trucks market by value in 2022?
  • What will be the size of the Global medium & heavy trucks market in 2027?
  • What factors are affecting the strength of competition in the Global medium & heavy trucks market?
  • How has the market performed over the last five years?
  • Who are the top competitors in the global's medium & heavy trucks market?


1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of leading players?
7.4. What are the most notable M&A deals in recent years?
8 Company Profiles
8.1. Daimler Financial Services AG
8.2. Volkswagen AG
8.3. AB Volvo
8.4. Isuzu Motors Limited
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Global medium & heavy trucks market value: $ billion, 2017–22
Table 2: Global medium & heavy trucks market volume: thousand units, 2017–22
Table 3: Global medium & heavy trucks market category segmentation: % share, by volume, 2017–2022
Table 4: Global medium & heavy trucks market category segmentation: thousand units, 2017-2022
Table 5: Global medium & heavy trucks market geography segmentation: $ billion, 2022
Table 6: Global medium & heavy trucks market value forecast: $ billion, 2022–27
Table 7: Global medium & heavy trucks market volume forecast: thousand units, 2022–27
Table 8: Daimler Financial Services AG: key facts
Table 9: Daimler Financial Services AG: Key Employees
Table 10: Volkswagen AG: key facts
Table 11: Volkswagen AG: Annual Financial Ratios
Table 12: Volkswagen AG: Key Employees
Table 13: Volkswagen AG: Key Employees Continued
Table 14: AB Volvo: key facts
Table 15: AB Volvo: Annual Financial Ratios
Table 16: AB Volvo: Key Employees
Table 17: AB Volvo: Key Employees Continued
Table 18: Isuzu Motors Limited: key facts
Table 19: Isuzu Motors Limited: Annual Financial Ratios
Table 20: Isuzu Motors Limited: Key Employees
Table 21: Isuzu Motors Limited: Key Employees Continued
Table 22: Global exchange rate, 2018–22
List of Figures
Figure 1: Global medium & heavy trucks market value: $ billion, 2017–22
Figure 2: Global medium & heavy trucks market volume: thousand units, 2017–22
Figure 3: Global medium & heavy trucks market category segmentation: thousand units, 2017-2022
Figure 4: Global medium & heavy trucks market geography segmentation: % share, by value, 2022
Figure 5: Global medium & heavy trucks market value forecast: $ billion, 2022–27
Figure 6: Global medium & heavy trucks market volume forecast: thousand units, 2022–27
Figure 7: Forces driving competition in the global medium & heavy trucks market, 2022
Figure 8: Drivers of buyer power in the global medium & heavy trucks market, 2022
Figure 9: Drivers of supplier power in the global medium & heavy trucks market, 2022
Figure 10: Factors influencing the likelihood of new entrants in the global medium & heavy trucks market, 2022
Figure 11: Factors influencing the threat of substitutes in the global medium & heavy trucks market, 2022
Figure 12: Drivers of degree of rivalry in the global medium & heavy trucks market, 2022

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings