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Global Heavy Trucks Market Research Report 2025
Synopsis
Heavy Machinery (Large Trucks) is the largest trucks allowed on the road, mostly used for long-haul purposes. Heavy Machinery (Large Trucks) constitutes an essential part of trucking industry. The trucking industry provides a vital service to the economy by transporting large quantities of goods. Heavy Machinery (Large Trucks) throughout the world is responsible for the majority of freight movement and is vital tools in the Firefighting, Construction, Forestry, Agriculture, Military industries.
The global Heavy Trucks 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.
The increase in raw material prices is one of the biggest hurdles for truck industry wherein the soaring iron and steel prices are compelling the truck manufacturers to increase prices of their final product. The economically volatile environment and unstable crude oil prices are restraining fleet owners (the consumers for truck industry) to purchase new trucks. Poor road infrastructure in the developing countries has been a prevailing challenge for the trucks manufacturing market which is making the trucking activities strenuous and prone to frequent breakdowns. The global heavy truck manufacturers have been increasing the number of their service stations in order to build customer relationships which are to a great degree dependent on servicing facilities provided by the companies.
This report aims to provide a comprehensive presentation of the global market for Heavy Trucks, 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 Trucks.
Report Scope
The Heavy Trucks 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 Trucks 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 Trucks 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
Daimler Trucks
MAN
PACCAR
Scania
Volvo Trucks
Ashok Leyland
FAW Group Corporation
ISUZU MOTORS
Iveco
Mack Trucks
Scania
Tata Motors
Segment by Type
Dump Trucks
Tractor-Trailers
Tank Trucks
Haul Trucks
Segment by Application
Building
Mining
Agricultural
Other
Production by Region
North America
Europe
China
Japan
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 Trucks manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Heavy Trucks 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 Trucks 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.
Heavy Machinery (Large Trucks) is the largest trucks allowed on the road, mostly used for long-haul purposes. Heavy Machinery (Large Trucks) constitutes an essential part of trucking industry. The trucking industry provides a vital service to the economy by transporting large quantities of goods. Heavy Machinery (Large Trucks) throughout the world is responsible for the majority of freight movement and is vital tools in the Firefighting, Construction, Forestry, Agriculture, Military industries.
The global Heavy Trucks 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.
The increase in raw material prices is one of the biggest hurdles for truck industry wherein the soaring iron and steel prices are compelling the truck manufacturers to increase prices of their final product. The economically volatile environment and unstable crude oil prices are restraining fleet owners (the consumers for truck industry) to purchase new trucks. Poor road infrastructure in the developing countries has been a prevailing challenge for the trucks manufacturing market which is making the trucking activities strenuous and prone to frequent breakdowns. The global heavy truck manufacturers have been increasing the number of their service stations in order to build customer relationships which are to a great degree dependent on servicing facilities provided by the companies.
This report aims to provide a comprehensive presentation of the global market for Heavy Trucks, 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 Trucks.
Report Scope
The Heavy Trucks 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 Trucks 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 Trucks 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
Daimler Trucks
MAN
PACCAR
Scania
Volvo Trucks
Ashok Leyland
FAW Group Corporation
ISUZU MOTORS
Iveco
Mack Trucks
Scania
Tata Motors
Segment by Type
Dump Trucks
Tractor-Trailers
Tank Trucks
Haul Trucks
Segment by Application
Building
Mining
Agricultural
Other
Production by Region
North America
Europe
China
Japan
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 Trucks manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Heavy Trucks 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 Trucks 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.
Index1 Heavy Trucks Market Overview
1.1 Product Definition
1.2 Heavy Trucks Segment by Type
1.2.1 Global Heavy Trucks Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Dump Trucks
1.2.3 Tractor-Trailers
1.2.4 Tank Trucks
1.2.5 Haul Trucks
1.3 Heavy Trucks Segment by Application
1.3.1 Global Heavy Trucks Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Building
1.3.3 Mining
1.3.4 Agricultural
1.3.5 Other
1.4 Global Market Growth Prospects
1.4.1 Global Heavy Trucks Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Heavy Trucks Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Heavy Trucks Production Estimates and Forecasts (2019-2030)
1.4.4 Global Heavy Trucks Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Heavy Trucks Production Market Share by Manufacturers (2019-2024)
2.2 Global Heavy Trucks Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Heavy Trucks, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Heavy Trucks Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Heavy Trucks Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Heavy Trucks, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Heavy Trucks, Product Offered and Application
2.8 Global Key Manufacturers of Heavy Trucks, Date of Enter into This Industry
2.9 Heavy Trucks Market Competitive Situation and Trends
2.9.1 Heavy Trucks Market Concentration Rate
2.9.2 Global 5 and 10 Largest Heavy Trucks Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Heavy Trucks Production by Region
3.1 Global Heavy Trucks Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Heavy Trucks Production Value by Region (2019-2030)
3.2.1 Global Heavy Trucks Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Heavy Trucks by Region (2025-2030)
3.3 Global Heavy Trucks Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Heavy Trucks Production by Region (2019-2030)
3.4.1 Global Heavy Trucks Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Heavy Trucks by Region (2025-2030)
3.5 Global Heavy Trucks Market Price Analysis by Region (2019-2024)
3.6 Global Heavy Trucks Production and Value, Year-over-Year Growth
3.6.1 North America Heavy Trucks Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Heavy Trucks Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Heavy Trucks Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Heavy Trucks Production Value Estimates and Forecasts (2019-2030)
4 Heavy Trucks Consumption by Region
4.1 Global Heavy Trucks Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Heavy Trucks Consumption by Region (2019-2030)
4.2.1 Global Heavy Trucks Consumption by Region (2019-2024)
4.2.2 Global Heavy Trucks Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Heavy Trucks Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Heavy Trucks Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Heavy Trucks Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Heavy Trucks 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 Trucks Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Heavy Trucks 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 Trucks Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Heavy Trucks 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 Trucks Production by Type (2019-2030)
5.1.1 Global Heavy Trucks Production by Type (2019-2024)
5.1.2 Global Heavy Trucks Production by Type (2025-2030)
5.1.3 Global Heavy Trucks Production Market Share by Type (2019-2030)
5.2 Global Heavy Trucks Production Value by Type (2019-2030)
5.2.1 Global Heavy Trucks Production Value by Type (2019-2024)
5.2.2 Global Heavy Trucks Production Value by Type (2025-2030)
5.2.3 Global Heavy Trucks Production Value Market Share by Type (2019-2030)
5.3 Global Heavy Trucks Price by Type (2019-2030)
6 Segment by Application
6.1 Global Heavy Trucks Production by Application (2019-2030)
6.1.1 Global Heavy Trucks Production by Application (2019-2024)
6.1.2 Global Heavy Trucks Production by Application (2025-2030)
6.1.3 Global Heavy Trucks Production Market Share by Application (2019-2030)
6.2 Global Heavy Trucks Production Value by Application (2019-2030)
6.2.1 Global Heavy Trucks Production Value by Application (2019-2024)
6.2.2 Global Heavy Trucks Production Value by Application (2025-2030)
6.2.3 Global Heavy Trucks Production Value Market Share by Application (2019-2030)
6.3 Global Heavy Trucks Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Daimler Trucks
7.1.1 Daimler Trucks Heavy Trucks Corporation Information
7.1.2 Daimler Trucks Heavy Trucks Product Portfolio
7.1.3 Daimler Trucks Heavy Trucks Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Daimler Trucks Main Business and Markets Served
7.1.5 Daimler Trucks Recent Developments/Updates
7.2 MAN
7.2.1 MAN Heavy Trucks Corporation Information
7.2.2 MAN Heavy Trucks Product Portfolio
7.2.3 MAN Heavy Trucks Production, Value, Price and Gross Margin (2019-2024)
7.2.4 MAN Main Business and Markets Served
7.2.5 MAN Recent Developments/Updates
7.3 PACCAR
7.3.1 PACCAR Heavy Trucks Corporation Information
7.3.2 PACCAR Heavy Trucks Product Portfolio
7.3.3 PACCAR Heavy Trucks Production, Value, Price and Gross Margin (2019-2024)
7.3.4 PACCAR Main Business and Markets Served
7.3.5 PACCAR Recent Developments/Updates
7.4 Scania
7.4.1 Scania Heavy Trucks Corporation Information
7.4.2 Scania Heavy Trucks Product Portfolio
7.4.3 Scania Heavy Trucks Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Scania Main Business and Markets Served
7.4.5 Scania Recent Developments/Updates
7.5 Volvo Trucks
7.5.1 Volvo Trucks Heavy Trucks Corporation Information
7.5.2 Volvo Trucks Heavy Trucks Product Portfolio
7.5.3 Volvo Trucks Heavy Trucks Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Volvo Trucks Main Business and Markets Served
7.5.5 Volvo Trucks Recent Developments/Updates
7.6 Ashok Leyland
7.6.1 Ashok Leyland Heavy Trucks Corporation Information
7.6.2 Ashok Leyland Heavy Trucks Product Portfolio
7.6.3 Ashok Leyland Heavy Trucks Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Ashok Leyland Main Business and Markets Served
7.6.5 Ashok Leyland Recent Developments/Updates
7.7 FAW Group Corporation
7.7.1 FAW Group Corporation Heavy Trucks Corporation Information
7.7.2 FAW Group Corporation Heavy Trucks Product Portfolio
7.7.3 FAW Group Corporation Heavy Trucks Production, Value, Price and Gross Margin (2019-2024)
7.7.4 FAW Group Corporation Main Business and Markets Served
7.7.5 FAW Group Corporation Recent Developments/Updates
7.8 ISUZU MOTORS
7.8.1 ISUZU MOTORS Heavy Trucks Corporation Information
7.8.2 ISUZU MOTORS Heavy Trucks Product Portfolio
7.8.3 ISUZU MOTORS Heavy Trucks Production, Value, Price and Gross Margin (2019-2024)
7.8.4 ISUZU MOTORS Main Business and Markets Served
7.7.5 ISUZU MOTORS Recent Developments/Updates
7.9 Iveco
7.9.1 Iveco Heavy Trucks Corporation Information
7.9.2 Iveco Heavy Trucks Product Portfolio
7.9.3 Iveco Heavy Trucks Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Iveco Main Business and Markets Served
7.9.5 Iveco Recent Developments/Updates
7.10 Mack Trucks
7.10.1 Mack Trucks Heavy Trucks Corporation Information
7.10.2 Mack Trucks Heavy Trucks Product Portfolio
7.10.3 Mack Trucks Heavy Trucks Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Mack Trucks Main Business and Markets Served
7.10.5 Mack Trucks Recent Developments/Updates
7.11 Scania
7.11.1 Scania Heavy Trucks Corporation Information
7.11.2 Scania Heavy Trucks Product Portfolio
7.11.3 Scania Heavy Trucks Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Scania Main Business and Markets Served
7.11.5 Scania Recent Developments/Updates
7.12 Tata Motors
7.12.1 Tata Motors Heavy Trucks Corporation Information
7.12.2 Tata Motors Heavy Trucks Product Portfolio
7.12.3 Tata Motors Heavy Trucks Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Tata Motors Main Business and Markets Served
7.12.5 Tata Motors Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Heavy Trucks Industry Chain Analysis
8.2 Heavy Trucks Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Heavy Trucks Production Mode & Process
8.4 Heavy Trucks Sales and Marketing
8.4.1 Heavy Trucks Sales Channels
8.4.2 Heavy Trucks Distributors
8.5 Heavy Trucks Customers
9 Heavy Trucks Market Dynamics
9.1 Heavy Trucks Industry Trends
9.2 Heavy Trucks Market Drivers
9.3 Heavy Trucks Market Challenges
9.4 Heavy Trucks 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
Published By : QY Research
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