Global Medium and Heavy Trucks Market Summary, Competitive Analysis and Forecast, 2017-2026
Summary
Global Medium & Heavy Trucks industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-21, and forecast to 2026). 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. All market data and forecasts are represented in nominal terms (i.e. without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2021 annual average exchange rates.
- The global medium and heavy trucks market had total revenues of $309.0bn in 2021, representing a compound annual growth rate (CAGR) of 4% between 2017 and 2021.
- Market consumption volume increased with a CAGR of 1.7% between 2017 and 2021, to reach a total of 5,683,310.6 units in 2021.
- CV had the highest volume in the global medium and heavy trucks market in 2021, with a total of 3,099,478.6 units, equivalent to 54.5% of the market's overall volume.
- Save time carrying out entry-level research by identifying the size, growth, 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
- What was the size of the Global medium & heavy trucks market by value in 2021?
- What will be the size of the Global medium & heavy trucks market in 2026?
- 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?
- How large is the global’s medium & heavy trucks market in relation to its regional counterparts?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Geography segmentation
- 1.6. Market rivalry
- 1.7. 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. 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 AG
- 8.2. Tata Motors Limited
- 8.3. Volkswagen AG
- 8.4. AB Volvo
- 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, 2017-21
- Table 2: Global medium & heavy trucks market volume: thousand units, 2017-21
- Table 3: Global medium & heavy trucks market geography segmentation: $ billion, 2021
- Table 4: Global medium & heavy trucks market value forecast: $ billion, 2021-26
- Table 5: Global medium & heavy trucks market volume forecast: thousand units, 2021-26
- Table 6: Daimler AG: key facts
- Table 7: Daimler AG: Annual Financial Ratios
- Table 8: Daimler AG: Key Employees
- Table 9: Daimler AG: Key Employees Continued
- Table 10: Tata Motors Limited: key facts
- Table 11: Tata Motors Limited: Annual Financial Ratios
- Table 12: Tata Motors Limited: Key Employees
- Table 13: Volkswagen AG: key facts
- Table 14: Volkswagen AG: Annual Financial Ratios
- Table 15: Volkswagen AG: Key Employees
- Table 16: Volkswagen AG: Key Employees Continued
- Table 17: Volkswagen AG: Key Employees Continued
- Table 18: AB Volvo: key facts
- Table 19: AB Volvo: Annual Financial Ratios
- Table 20: AB Volvo: Key Employees
- Table 21: AB Volvo: Key Employees Continued
- Table 22: Global exchange rate, 2017-21
- List of Figures
- Figure 1: Global medium & heavy trucks market value: $ billion, 2017-21
- Figure 2: Global medium & heavy trucks market volume: thousand units, 2017-21
- Figure 3: Global medium & heavy trucks market geography segmentation: % share, by value, 2021
- Figure 4: Global medium & heavy trucks market value forecast: $ billion, 2021-26
- Figure 5: Global medium & heavy trucks market volume forecast: thousand units, 2021-26
- Figure 6: Forces driving competition in the global medium & heavy trucks market, 2021
- Figure 7: Drivers of buyer power in the global medium & heavy trucks market, 2021
- Figure 8: Drivers of supplier power in the global medium & heavy trucks market, 2021
- Figure 9: Factors influencing the likelihood of new entrants in the global medium & heavy trucks market, 2021
- Figure 10: Factors influencing the threat of substitutes in the global medium & heavy trucks market, 2021
- Figure 11: Drivers of degree of rivalry in the global medium & heavy trucks market, 2021
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