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Medium & Heavy Trucks North America (NAFTA) Industry Guide 2020-2029

Best Price Guarantee Length Publisher Published Date SKU
from $795 158 Pages MarketLine February, 2025 MTLN19886881
Best Price Guarantee
Price from $795
Length 158 Pages
Publisher MarketLine
Published Date February, 2025
SKU MTLN19886881

Medium & Heavy Trucks North America (NAFTA) Industry Guide 2020-2029Summary

The NAFTA Medium & Heavy Trucks industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume , and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The North American Free Trade Agreement (NAFTA) is a trade agreement between the countries in North America: the US, Canada and Mexico. The medium & heavy trucks industry within the NAFTA countries had a total market value of $1,775.2 billion in 2024.The Mexico was the fastest growing country, with a CAGR of 26.8% over the 2020-24 period.
  • Within the medium & heavy trucks industry, the US is the leading country among the NAFTA bloc, with market revenues of $1,546.9 billion in 2024. This was followed by Canada and Mexico, with a value of $177.9 and $50.4 billion, respectively.
  • The US is expected to lead the medium & heavy trucks industry in the NAFTA bloc, with a value of $1,815.4 billion in 2029, followed by Canada and Mexico with expected values of $255.4 and $76.3 billion, respectively.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the NAFTA medium & heavy trucks market
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the NAFTA medium & heavy trucks market
  • Leading company profiles reveal details of key medium & heavy trucks market players’ NAFTA operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the NAFTA medium & heavy trucks market with five year forecasts by both value and volume
  • Compares data from the US, Canada and Mexico, alongside individual chapters on each country
Reasons to Buy
  • What was the size of the NAFTA medium & heavy trucks market by value in 2024?
  • What will be the size of the NAFTA medium & heavy trucks market in 2029?
  • What factors are affecting the strength of competition in the NAFTA medium & heavy trucks market?
  • How has the market performed over the last five years?
  • What are the main segments that make up the NAFTA medium & heavy trucks market?


1 Introduction
1.1. What is this report about?
1.2. Who is the target reader?
1.3. How to use this report
1.4. Definitions
2 NAFTA Medium & Heavy Trucks
2.1. Industry Outlook
3 Medium & Heavy Trucks in Canada
3.1. Market Overview
3.2. Market Data
3.3. Market Segmentation
3.4. Market outlook
3.5. Five forces analysis
4 Macroeconomic Indicators
4.1. Country data
5 Medium & Heavy Trucks in Mexico
5.1. Market Overview
5.2. Market Data
5.3. Market Segmentation
5.4. Market outlook
5.5. Five forces analysis
6 Macroeconomic Indicators
6.1. Country data
7 Medium & Heavy Trucks in The United States
7.1. Market Overview
7.2. Market Data
7.3. Market Segmentation
7.4. Market outlook
7.5. Five forces analysis
8 Macroeconomic Indicators
8.1. Country data
9 Company Profiles
9.1. Iveco Group NV
9.2. Traton SE
9.3. PACCAR Inc
9.4. AB Volvo
9.5. Daimler Truck Holding AG
9.6. Beiqi Foton Motor Co Ltd
9.7. Tata Motors Ltd
9.8. Isuzu Motors Ltd
9.9. Hino Motors Ltd
9.10. Hyundai Motor Co
9.11. DAF Trucks NV
9.12. MAN Truck & Bus SE.
9.13. Volkswagen AG
9.14. Mitsubishi Fuso Truck and Bus Corporation
9.15. Mercedes-Benz Group AG
9.16. China FAW Group Co Ltd
9.17. Dongfeng Motor Group Co Ltd
9.18. Ashok Leyland Ltd
9.19. Mahindra & Mahindra Ltd
9.20. Eicher Motors Ltd
9.21. Scania AB
9.22. Toyota Motor Corp
9.23. Tesla Inc
9.24. GAZ
9.25. Kamaz
9.26. CNH Industrial NV
9.27. Kia Corp
9.28. Ford Otomotiv Sanayi AS
9.29. Sinotruk (Hong Kong) Ltd
10 Appendix
10.1. Methodology
10.2. About MarketLine
List of Tables
Table 1: NAFTA countries medium & heavy trucks industry, revenue ($bn), 2020-29
Table 2: NAFTA countries medium & heavy trucks industry, revenue ($bn), 2020-24
Table 3: NAFTA countries medium & heavy trucks industry forecast, revenue ($bn), 2024-29
Table 4: Canada medium & heavy trucks market value: $ billion, 2019-24
Table 5: Canada medium & heavy trucks market volume: thousand units, 2019-24
Table 6: Canada medium & heavy trucks market geography segmentation: $ billion, 2024
Table 7: Canada medium & heavy trucks market value forecast: $ billion, 2024-29
Table 8: Canada medium & heavy trucks market volume forecast: thousand units, 2024-29
Table 9: Canada Size of Population (Million), 2020-24
Table 10: Canada Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 11: Canada GDP (Current Prices, $ Billion), 2020-24
Table 12: Canada Inflation, 2020-24
Table 13: Canada Consumer Price Index (Absolute), 2020-24
Table 14: Canada Exchange Rate, 2019-24
Table 15: Mexico medium & heavy trucks market value: $ billion, 2019-24
Table 16: Mexico medium & heavy trucks market volume: thousand units, 2019-24
Table 17: Mexico medium & heavy trucks market geography segmentation: $ billion, 2024
Table 18: Mexico medium & heavy trucks market value forecast: $ billion, 2024-29
Table 19: Mexico medium & heavy trucks market volume forecast: thousand units, 2024-29
Table 20: Mexico Size of Population (Million), 2020-24
Table 21: Mexico Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 22: Mexico GDP (Current Prices, $ Billion), 2020-24
Table 23: Mexico Inflation, 2020-24
Table 24: Mexico Consumer Price Index (Absolute), 2020-24
Table 25: Mexico Exchange Rate, 2019-24
Table 26: United States medium & heavy trucks market value: $ billion, 2019-24
Table 27: United States medium & heavy trucks market volume: thousand units, 2019-24
Table 28: United States medium & heavy trucks market geography segmentation: $ billion, 2024
Table 29: United States medium & heavy trucks market value forecast: $ billion, 2024-29
Table 30: United States medium & heavy trucks market volume forecast: thousand units, 2024-29
Table 31: United States Size of Population (Million), 2020-24
Table 32: United States Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 33: United States GDP (Current Prices, $ Billion), 2020-24
Table 34: United States Inflation, 2020-24
Table 35: United States Consumer Price Index (Absolute), 2020-24
Table 36: United States Exchange Rate, 2019-24
Table 37: Iveco Group NV: Key Facts
Table 38: Iveco Group NV: Annual Financial Ratios
Table 39: Iveco Group NV: Key Employees
Table 40: Traton SE: Key Facts
Table 41: Traton SE: Annual Financial Ratios
Table 42: Traton SE: Key Employees
Table 43: Traton SE: Key Employees Continued
Table 44: PACCAR Inc: Key Facts
Table 45: PACCAR Inc: Annual Financial Ratios
Table 46: PACCAR Inc: Key Employees
Table 47: AB Volvo: Key Facts
Table 48: AB Volvo: Annual Financial Ratios
Table 49: AB Volvo: Key Employees
Table 50: AB Volvo: Key Employees Continued
Table 51: Daimler Truck Holding AG: Key Facts
Table 52: Daimler Truck Holding AG: Annual Financial Ratios
Table 53: Daimler Truck Holding AG: Key Employees
Table 54: Beiqi Foton Motor Co Ltd: Key Facts
Table 55: Beiqi Foton Motor Co Ltd: Annual Financial Ratios
Table 56: Beiqi Foton Motor Co Ltd: Key Employees
Table 57: Tata Motors Ltd: Key Facts
Table 58: Tata Motors Ltd: Annual Financial Ratios
Table 59: Tata Motors Ltd: Key Employees
Table 60: Isuzu Motors Ltd: Key Facts
Table 61: Isuzu Motors Ltd: Annual Financial Ratios
Table 62: Isuzu Motors Ltd: Key Employees
Table 63: Isuzu Motors Ltd: Key Employees Continued
Table 64: Hino Motors Ltd: Key Facts
Table 65: Hino Motors Ltd: Annual Financial Ratios
Table 66: Hino Motors Ltd: Key Employees
Table 67: Hyundai Motor Co: Key Facts
Table 68: Hyundai Motor Co: Annual Financial Ratios
Table 69: Hyundai Motor Co: Key Employees
Table 70: DAF Trucks NV: Key Facts
Table 71: DAF Trucks NV: Key Employees
Table 72: MAN Truck & Bus SE.: Key Facts
Table 73: MAN Truck & Bus SE.: Key Employees
Table 74: Volkswagen AG: Key Facts
Table 75: Volkswagen AG: Annual Financial Ratios
Table 76: Volkswagen AG: Key Employees
Table 77: Volkswagen AG: Key Employees Continued
Table 78: Mitsubishi Fuso Truck and Bus Corporation: Key Facts
Table 79: Mitsubishi Fuso Truck and Bus Corporation: Key Employees
Table 80: Mercedes-Benz Group AG: Key Facts
Table 81: Mercedes-Benz Group AG: Annual Financial Ratios
Table 82: Mercedes-Benz Group AG: Key Employees
Table 83: Mercedes-Benz Group AG: Key Employees Continued
Table 84: China FAW Group Co Ltd: Key Facts
Table 85: China FAW Group Co Ltd: Key Employees
Table 86: Dongfeng Motor Group Co Ltd: Key Facts
Table 87: Dongfeng Motor Group Co Ltd: Annual Financial Ratios
Table 88: Dongfeng Motor Group Co Ltd: Key Employees
Table 89: Ashok Leyland Ltd: Key Facts
Table 90: Ashok Leyland Ltd: Annual Financial Ratios
Table 91: Ashok Leyland Ltd: Key Employees
Table 92: Mahindra & Mahindra Ltd: Key Facts
Table 93: Mahindra & Mahindra Ltd: Annual Financial Ratios
Table 94: Mahindra & Mahindra Ltd: Key Employees
Table 95: Eicher Motors Ltd: Key Facts
Table 96: Eicher Motors Ltd: Annual Financial Ratios
Table 97: Eicher Motors Ltd: Key Employees
Table 98: Scania AB: Key Facts
Table 99: Scania AB: Key Employees
Table 100: Toyota Motor Corp: Key Facts
Table 101: Toyota Motor Corp: Annual Financial Ratios
Table 102: Toyota Motor Corp: Key Employees
Table 103: Toyota Motor Corp: Key Employees Continued
Table 104: Tesla Inc: Key Facts
Table 105: Tesla Inc: Annual Financial Ratios
Table 106: Tesla Inc: Key Employees
Table 107: GAZ: Key Facts
Table 108: GAZ: Annual Financial Ratios
Table 109: GAZ: Key Employees
Table 110: Kamaz: Key Facts
Table 111: Kamaz: Annual Financial Ratios
Table 112: Kamaz: Key Employees
Table 113: CNH Industrial NV: Key Facts
Table 114: CNH Industrial NV: Annual Financial Ratios
Table 115: CNH Industrial NV: Key Employees
Table 116: CNH Industrial NV: Key Employees Continued
Table 117: Kia Corp: Key Facts
Table 118: Kia Corp: Annual Financial Ratios
Table 119: Kia Corp: Key Employees
Table 120: Ford Otomotiv Sanayi AS: Key Facts
Table 121: Ford Otomotiv Sanayi AS: Annual Financial Ratios
Table 122: Ford Otomotiv Sanayi AS: Key Employees
Table 123: Sinotruk (Hong Kong) Ltd: Key Facts
Table 124: Sinotruk (Hong Kong) Ltd: Annual Financial Ratios
Table 125: Sinotruk (Hong Kong) Ltd: Key Employees
List of Figures
Figure 1: NAFTA countries medium & heavy trucks industry, revenue ($bn), 2020-29
Figure 2: NAFTA countries medium & heavy trucks industry, revenue ($bn), 2020-24
Figure 3: NAFTA countries medium & heavy trucks industry forecast, revenue ($bn), 2024-29
Figure 4: Canada medium & heavy trucks market value: $ billion, 2019-24
Figure 5: Canada medium & heavy trucks market volume: thousand units, 2019-24
Figure 6: Canada medium & heavy trucks market geography segmentation: % share, by value, 2024
Figure 7: Canada medium & heavy trucks market value forecast: $ billion, 2024-29
Figure 8: Canada medium & heavy trucks market volume forecast: thousand units, 2024-29
Figure 9: Forces driving competition in the medium & heavy trucks market in Canada, 2024
Figure 10: Drivers of buyer power in the medium & heavy trucks market in Canada, 2024
Figure 11: Drivers of supplier power in the medium & heavy trucks market in Canada, 2024
Figure 12: Factors influencing the likelihood of new entrants in the medium & heavy trucks market in Canada, 2024
Figure 13: Factors influencing the threat of substitutes in the medium & heavy trucks market in Canada, 2024
Figure 14: Drivers of degree of rivalry in the medium & heavy trucks market in Canada, 2024
Figure 15: Mexico medium & heavy trucks market value: $ billion, 2019-24
Figure 16: Mexico medium & heavy trucks market volume: thousand units, 2019-24
Figure 17: Mexico medium & heavy trucks market geography segmentation: % share, by value, 2024
Figure 18: Mexico medium & heavy trucks market value forecast: $ billion, 2024-29
Figure 19: Mexico medium & heavy trucks market volume forecast: thousand units, 2024-29
Figure 20: Forces driving competition in the medium & heavy trucks market in Mexico, 2024
Figure 21: Drivers of buyer power in the medium & heavy trucks market in Mexico, 2024
Figure 22: Drivers of supplier power in the medium & heavy trucks market in Mexico, 2024
Figure 23: Factors influencing the likelihood of new entrants in the medium & heavy trucks market in Mexico, 2024
Figure 24: Factors influencing the threat of substitutes in the medium & heavy trucks market in Mexico, 2024
Figure 25: Drivers of degree of rivalry in the medium & heavy trucks market in Mexico, 2024
Figure 26: United States medium & heavy trucks market value: $ billion, 2019-24
Figure 27: United States medium & heavy trucks market volume: thousand units, 2019-24
Figure 28: United States medium & heavy trucks market geography segmentation: % share, by value, 2024
Figure 29: United States medium & heavy trucks market value forecast: $ billion, 2024-29
Figure 30: United States medium & heavy trucks market volume forecast: thousand units, 2024-29
Figure 31: Forces driving competition in the medium & heavy trucks market in the United States, 2024
Figure 32: Drivers of buyer power in the medium & heavy trucks market in the United States, 2024
Figure 33: Drivers of supplier power in the medium & heavy trucks market in the United States, 2024
Figure 34: Factors influencing the likelihood of new entrants in the medium & heavy trucks market in the United States, 2024
Figure 35: Factors influencing the threat of substitutes in the medium & heavy trucks market in the United States, 2024
Figure 36: Drivers of degree of rivalry in the medium & heavy trucks market in the United States, 2024

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