Heavy commercial vehicles refer to large goods vehicles.
The global Heavy Commercial Vehicles market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Heavy Commercial Vehicles is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Heavy Commercial Vehicles is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Heavy Commercial Vehicles include VOLVO, Scania, Mercedes Benz, MAN, IVECO, Paccar, ISUZU, Volkswagen and SISU, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Heavy 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 Heavy Commercial Vehicles.
Report Scope
The Heavy Commercial Vehicles market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Heavy 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.
The report will help the Heavy Commercial Vehicles manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
VOLVO
Scania
Mercedes Benz
MAN
IVECO
Paccar
ISUZU
Volkswagen
SISU
Ford
MITSUBISHI FUSO
Hyundai
MHI
Freightliner
MACK
WesternStar
FAW Group
Dongfeng Motor Corporation
CNHTC
Shaanxi Automobile Group
Segment by Type
Diesel Type
Gas Type
Segment by Application
Transportation
Construction
Others
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by 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 2: Detailed analysis of Heavy Commercial Vehicles manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Heavy 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 4: Consumption of Heavy 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 5: 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 6: 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 7: 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 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
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1 Heavy Commercial Vehicles Market Overview
1.1 Product Definition
1.2 Heavy Commercial Vehicles Segment by Type
1.2.1 Global Heavy Commercial Vehicles Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Diesel Type
1.2.3 Gas Type
1.3 Heavy Commercial Vehicles Segment by Application
1.3.1 Global Heavy Commercial Vehicles Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Transportation
1.3.3 Construction
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global Heavy Commercial Vehicles Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Heavy Commercial Vehicles Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Heavy Commercial Vehicles Production Estimates and Forecasts (2019-2030)
1.4.4 Global Heavy Commercial Vehicles Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Heavy Commercial Vehicles Production Market Share by Manufacturers (2019-2024)
2.2 Global Heavy Commercial Vehicles Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Heavy Commercial Vehicles, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Heavy Commercial Vehicles Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Heavy Commercial Vehicles Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Heavy Commercial Vehicles, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Heavy Commercial Vehicles, Product Offered and Application
2.8 Global Key Manufacturers of Heavy Commercial Vehicles, Date of Enter into This Industry
2.9 Heavy Commercial Vehicles Market Competitive Situation and Trends
2.9.1 Heavy Commercial Vehicles Market Concentration Rate
2.9.2 Global 5 and 10 Largest Heavy Commercial Vehicles Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Heavy Commercial Vehicles Production by Region
3.1 Global Heavy Commercial Vehicles Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Heavy Commercial Vehicles Production Value by Region (2019-2030)
3.2.1 Global Heavy Commercial Vehicles Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Heavy Commercial Vehicles by Region (2025-2030)
3.3 Global Heavy Commercial Vehicles Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Heavy Commercial Vehicles Production by Region (2019-2030)
3.4.1 Global Heavy Commercial Vehicles Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Heavy Commercial Vehicles by Region (2025-2030)
3.5 Global Heavy Commercial Vehicles Market Price Analysis by Region (2019-2024)
3.6 Global Heavy Commercial Vehicles Production and Value, Year-over-Year Growth
3.6.1 North America Heavy Commercial Vehicles Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Heavy Commercial Vehicles Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Heavy Commercial Vehicles Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Heavy Commercial Vehicles Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Heavy Commercial Vehicles Production Value Estimates and Forecasts (2019-2030)
3.6.6 India Heavy Commercial Vehicles Production Value Estimates and Forecasts (2019-2030)
4 Heavy Commercial Vehicles Consumption by Region
4.1 Global Heavy Commercial Vehicles Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Heavy Commercial Vehicles Consumption by Region (2019-2030)
4.2.1 Global Heavy Commercial Vehicles Consumption by Region (2019-2024)
4.2.2 Global Heavy Commercial Vehicles Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Heavy Commercial Vehicles Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Heavy Commercial Vehicles Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Heavy Commercial Vehicles Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Heavy Commercial Vehicles Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Heavy Commercial Vehicles Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Heavy Commercial Vehicles Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Heavy Commercial Vehicles Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Heavy Commercial Vehicles Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Heavy Commercial Vehicles Production by Type (2019-2030)
5.1.1 Global Heavy Commercial Vehicles Production by Type (2019-2024)
5.1.2 Global Heavy Commercial Vehicles Production by Type (2025-2030)
5.1.3 Global Heavy Commercial Vehicles Production Market Share by Type (2019-2030)
5.2 Global Heavy Commercial Vehicles Production Value by Type (2019-2030)
5.2.1 Global Heavy Commercial Vehicles Production Value by Type (2019-2024)
5.2.2 Global Heavy Commercial Vehicles Production Value by Type (2025-2030)
5.2.3 Global Heavy Commercial Vehicles Production Value Market Share by Type (2019-2030)
5.3 Global Heavy Commercial Vehicles Price by Type (2019-2030)
6 Segment by Application
6.1 Global Heavy Commercial Vehicles Production by Application (2019-2030)
6.1.1 Global Heavy Commercial Vehicles Production by Application (2019-2024)
6.1.2 Global Heavy Commercial Vehicles Production by Application (2025-2030)
6.1.3 Global Heavy Commercial Vehicles Production Market Share by Application (2019-2030)
6.2 Global Heavy Commercial Vehicles Production Value by Application (2019-2030)
6.2.1 Global Heavy Commercial Vehicles Production Value by Application (2019-2024)
6.2.2 Global Heavy Commercial Vehicles Production Value by Application (2025-2030)
6.2.3 Global Heavy Commercial Vehicles Production Value Market Share by Application (2019-2030)
6.3 Global Heavy Commercial Vehicles Price by Application (2019-2030)
7 Key Companies Profiled
7.1 VOLVO
7.1.1 VOLVO Heavy Commercial Vehicles Corporation Information
7.1.2 VOLVO Heavy Commercial Vehicles Product Portfolio
7.1.3 VOLVO Heavy Commercial Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.1.4 VOLVO Main Business and Markets Served
7.1.5 VOLVO Recent Developments/Updates
7.2 Scania
7.2.1 Scania Heavy Commercial Vehicles Corporation Information
7.2.2 Scania Heavy Commercial Vehicles Product Portfolio
7.2.3 Scania Heavy Commercial Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Scania Main Business and Markets Served
7.2.5 Scania Recent Developments/Updates
7.3 Mercedes Benz
7.3.1 Mercedes Benz Heavy Commercial Vehicles Corporation Information
7.3.2 Mercedes Benz Heavy Commercial Vehicles Product Portfolio
7.3.3 Mercedes Benz Heavy Commercial Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Mercedes Benz Main Business and Markets Served
7.3.5 Mercedes Benz Recent Developments/Updates
7.4 MAN
7.4.1 MAN Heavy Commercial Vehicles Corporation Information
7.4.2 MAN Heavy Commercial Vehicles Product Portfolio
7.4.3 MAN Heavy Commercial Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.4.4 MAN Main Business and Markets Served
7.4.5 MAN Recent Developments/Updates
7.5 IVECO
7.5.1 IVECO Heavy Commercial Vehicles Corporation Information
7.5.2 IVECO Heavy Commercial Vehicles Product Portfolio
7.5.3 IVECO Heavy Commercial Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.5.4 IVECO Main Business and Markets Served
7.5.5 IVECO Recent Developments/Updates
7.6 Paccar
7.6.1 Paccar Heavy Commercial Vehicles Corporation Information
7.6.2 Paccar Heavy Commercial Vehicles Product Portfolio
7.6.3 Paccar Heavy Commercial Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Paccar Main Business and Markets Served
7.6.5 Paccar Recent Developments/Updates
7.7 ISUZU
7.7.1 ISUZU Heavy Commercial Vehicles Corporation Information
7.7.2 ISUZU Heavy Commercial Vehicles Product Portfolio
7.7.3 ISUZU Heavy Commercial Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.7.4 ISUZU Main Business and Markets Served
7.7.5 ISUZU Recent Developments/Updates
7.8 Volkswagen
7.8.1 Volkswagen Heavy Commercial Vehicles Corporation Information
7.8.2 Volkswagen Heavy Commercial Vehicles Product Portfolio
7.8.3 Volkswagen Heavy Commercial Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Volkswagen Main Business and Markets Served
7.7.5 Volkswagen Recent Developments/Updates
7.9 SISU
7.9.1 SISU Heavy Commercial Vehicles Corporation Information
7.9.2 SISU Heavy Commercial Vehicles Product Portfolio
7.9.3 SISU Heavy Commercial Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.9.4 SISU Main Business and Markets Served
7.9.5 SISU Recent Developments/Updates
7.10 Ford
7.10.1 Ford Heavy Commercial Vehicles Corporation Information
7.10.2 Ford Heavy Commercial Vehicles Product Portfolio
7.10.3 Ford Heavy Commercial Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Ford Main Business and Markets Served
7.10.5 Ford Recent Developments/Updates
7.11 MITSUBISHI FUSO
7.11.1 MITSUBISHI FUSO Heavy Commercial Vehicles Corporation Information
7.11.2 MITSUBISHI FUSO Heavy Commercial Vehicles Product Portfolio
7.11.3 MITSUBISHI FUSO Heavy Commercial Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.11.4 MITSUBISHI FUSO Main Business and Markets Served
7.11.5 MITSUBISHI FUSO Recent Developments/Updates
7.12 Hyundai
7.12.1 Hyundai Heavy Commercial Vehicles Corporation Information
7.12.2 Hyundai Heavy Commercial Vehicles Product Portfolio
7.12.3 Hyundai Heavy Commercial Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Hyundai Main Business and Markets Served
7.12.5 Hyundai Recent Developments/Updates
7.13 MHI
7.13.1 MHI Heavy Commercial Vehicles Corporation Information
7.13.2 MHI Heavy Commercial Vehicles Product Portfolio
7.13.3 MHI Heavy Commercial Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.13.4 MHI Main Business and Markets Served
7.13.5 MHI Recent Developments/Updates
7.14 Freightliner
7.14.1 Freightliner Heavy Commercial Vehicles Corporation Information
7.14.2 Freightliner Heavy Commercial Vehicles Product Portfolio
7.14.3 Freightliner Heavy Commercial Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Freightliner Main Business and Markets Served
7.14.5 Freightliner Recent Developments/Updates
7.15 MACK
7.15.1 MACK Heavy Commercial Vehicles Corporation Information
7.15.2 MACK Heavy Commercial Vehicles Product Portfolio
7.15.3 MACK Heavy Commercial Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.15.4 MACK Main Business and Markets Served
7.15.5 MACK Recent Developments/Updates
7.16 WesternStar
7.16.1 WesternStar Heavy Commercial Vehicles Corporation Information
7.16.2 WesternStar Heavy Commercial Vehicles Product Portfolio
7.16.3 WesternStar Heavy Commercial Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.16.4 WesternStar Main Business and Markets Served
7.16.5 WesternStar Recent Developments/Updates
7.17 FAW Group
7.17.1 FAW Group Heavy Commercial Vehicles Corporation Information
7.17.2 FAW Group Heavy Commercial Vehicles Product Portfolio
7.17.3 FAW Group Heavy Commercial Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.17.4 FAW Group Main Business and Markets Served
7.17.5 FAW Group Recent Developments/Updates
7.18 Dongfeng Motor Corporation
7.18.1 Dongfeng Motor Corporation Heavy Commercial Vehicles Corporation Information
7.18.2 Dongfeng Motor Corporation Heavy Commercial Vehicles Product Portfolio
7.18.3 Dongfeng Motor Corporation Heavy Commercial Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.18.4 Dongfeng Motor Corporation Main Business and Markets Served
7.18.5 Dongfeng Motor Corporation Recent Developments/Updates
7.19 CNHTC
7.19.1 CNHTC Heavy Commercial Vehicles Corporation Information
7.19.2 CNHTC Heavy Commercial Vehicles Product Portfolio
7.19.3 CNHTC Heavy Commercial Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.19.4 CNHTC Main Business and Markets Served
7.19.5 CNHTC Recent Developments/Updates
7.20 Shaanxi Automobile Group
7.20.1 Shaanxi Automobile Group Heavy Commercial Vehicles Corporation Information
7.20.2 Shaanxi Automobile Group Heavy Commercial Vehicles Product Portfolio
7.20.3 Shaanxi Automobile Group Heavy Commercial Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.20.4 Shaanxi Automobile Group Main Business and Markets Served
7.20.5 Shaanxi Automobile Group Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Heavy Commercial Vehicles Industry Chain Analysis
8.2 Heavy Commercial Vehicles Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Heavy Commercial Vehicles Production Mode & Process
8.4 Heavy Commercial Vehicles Sales and Marketing
8.4.1 Heavy Commercial Vehicles Sales Channels
8.4.2 Heavy Commercial Vehicles Distributors
8.5 Heavy Commercial Vehicles Customers
9 Heavy Commercial Vehicles Market Dynamics
9.1 Heavy Commercial Vehicles Industry Trends
9.2 Heavy Commercial Vehicles Market Drivers
9.3 Heavy Commercial Vehicles Market Challenges
9.4 Heavy Commercial Vehicles Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
VOLVO
Scania
Mercedes Benz
MAN
IVECO
Paccar
ISUZU
Volkswagen
SISU
Ford
MITSUBISHI FUSO
Hyundai
MHI
Freightliner
MACK
WesternStar
FAW Group
Dongfeng Motor Corporation
CNHTC
Shaanxi Automobile Group
*If Applicable.