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Truck-Global Market Insights and Sales Trends 2025
Synopsis
A truck, also called a truck, is generally referred to as a truck. It is a vehicle used mainly for transporting goods, and sometimes also a vehicle that can pull other vehicles. It falls into the category of commercial vehicles.
The global Truck market size is expected to reach US$ 121.2 million by 2029, growing at a CAGR of 5.1% from 2023 to 2029. The market is mainly driven by the significant applications of Truck in various end use industries. The expanding demands from the Utility, Construction, Oil & Gas and Others, are propelling Truck market. Capacity Below 25 Ton, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Capacity Between 25 Ton To 50 Ton segment is estimated at % CAGR for the next seven-year period.
North America and Europe have been constantly losing their shares, which is being gained by the emerging markets in Asia Pacific and Middle East.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Truck, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Truck market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Truck market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Truck sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Truck covered in this report include Toyota Industries Corporation, KION Group, Mitsubishi Nichiyu Forklift, Jungheinrich AG, Crown Equipment, Hyster-Yale Materials Handling, Anhui Forklift Truck, Doosan Industrial Vehicle and Hangcha Group, etc.
The global Truck market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Toyota Industries Corporation
KION Group
Mitsubishi Nichiyu Forklift
Jungheinrich AG
Crown Equipment
Hyster-Yale Materials Handling
Anhui Forklift Truck
Doosan Industrial Vehicle
Hangcha Group
Clark Material Handling
Komatsu
Hyundai Heavy Industries
Combilift
EP Equipment
Konecranes
Global Truck market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Truck market, Segment by Type:
Capacity Below 25 Ton
Capacity Between 25 Ton To 50 Ton
Capacity Above 50 Ton
Global Truck market, by Application
Utility
Construction
Oil & Gas
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Truck manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Truck in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
A truck, also called a truck, is generally referred to as a truck. It is a vehicle used mainly for transporting goods, and sometimes also a vehicle that can pull other vehicles. It falls into the category of commercial vehicles.
The global Truck market size is expected to reach US$ 121.2 million by 2029, growing at a CAGR of 5.1% from 2023 to 2029. The market is mainly driven by the significant applications of Truck in various end use industries. The expanding demands from the Utility, Construction, Oil & Gas and Others, are propelling Truck market. Capacity Below 25 Ton, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Capacity Between 25 Ton To 50 Ton segment is estimated at % CAGR for the next seven-year period.
North America and Europe have been constantly losing their shares, which is being gained by the emerging markets in Asia Pacific and Middle East.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Truck, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Truck market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Truck market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Truck sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Truck covered in this report include Toyota Industries Corporation, KION Group, Mitsubishi Nichiyu Forklift, Jungheinrich AG, Crown Equipment, Hyster-Yale Materials Handling, Anhui Forklift Truck, Doosan Industrial Vehicle and Hangcha Group, etc.
The global Truck market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Toyota Industries Corporation
KION Group
Mitsubishi Nichiyu Forklift
Jungheinrich AG
Crown Equipment
Hyster-Yale Materials Handling
Anhui Forklift Truck
Doosan Industrial Vehicle
Hangcha Group
Clark Material Handling
Komatsu
Hyundai Heavy Industries
Combilift
EP Equipment
Konecranes
Global Truck market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Truck market, Segment by Type:
Capacity Below 25 Ton
Capacity Between 25 Ton To 50 Ton
Capacity Above 50 Ton
Global Truck market, by Application
Utility
Construction
Oil & Gas
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Truck manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Truck in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Truck Market Overview
1.1 Truck Product Overview
1.2 Truck Market Segment by Type
1.2.1 Capacity Below 25 Ton
1.2.2 Capacity Between 25 Ton To 50 Ton
1.2.3 Capacity Above 50 Ton
1.3 Global Truck Market Size by Type
1.3.1 Global Truck Market Size Overview by Type (2018-2029)
1.3.2 Global Truck Historic Market Size Review by Type (2018-2023)
1.3.3 Global Truck Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Truck Sales Breakdown by Type (2018-2023)
1.4.2 Europe Truck Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Truck Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Truck Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Truck Sales Breakdown by Type (2018-2023)
2 Global Truck Market Competition by Company
2.1 Global Top Players by Truck Sales (2018-2023)
2.2 Global Top Players by Truck Revenue (2018-2023)
2.3 Global Top Players by Truck Price (2018-2023)
2.4 Global Top Manufacturers Truck Manufacturing Base Distribution, Sales Area, Product Type
2.5 Truck Market Competitive Situation and Trends
2.5.1 Truck Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Truck Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Truck as of 2022)
2.7 Date of Key Manufacturers Enter into Truck Market
2.8 Key Manufacturers Truck Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Truck Status and Outlook by Region
3.1 Global Truck Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Truck Historic Market Size by Region
3.2.1 Global Truck Sales in Volume by Region (2018-2023)
3.2.2 Global Truck Sales in Value by Region (2018-2023)
3.2.3 Global Truck Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Truck Forecasted Market Size by Region
3.3.1 Global Truck Sales in Volume by Region (2024-2029)
3.3.2 Global Truck Sales in Value by Region (2024-2029)
3.3.3 Global Truck Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Truck by Application
4.1 Truck Market Segment by Application
4.1.1 Utility
4.1.2 Construction
4.1.3 Oil & Gas
4.1.4 Others
4.2 Global Truck Market Size by Application
4.2.1 Global Truck Market Size Overview by Application (2018-2029)
4.2.2 Global Truck Historic Market Size Review by Application (2018-2023)
4.2.3 Global Truck Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Truck Sales Breakdown by Application (2018-2023)
4.3.2 Europe Truck Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Truck Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Truck Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Truck Sales Breakdown by Application (2018-2023)
5 North America Truck by Country
5.1 North America Truck Historic Market Size by Country
5.1.1 North America Truck Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Truck Sales in Volume by Country (2018-2023)
5.1.3 North America Truck Sales in Value by Country (2018-2023)
5.2 North America Truck Forecasted Market Size by Country
5.2.1 North America Truck Sales in Volume by Country (2024-2029)
5.2.2 North America Truck Sales in Value by Country (2024-2029)
6 Europe Truck by Country
6.1 Europe Truck Historic Market Size by Country
6.1.1 Europe Truck Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Truck Sales in Volume by Country (2018-2023)
6.1.3 Europe Truck Sales in Value by Country (2018-2023)
6.2 Europe Truck Forecasted Market Size by Country
6.2.1 Europe Truck Sales in Volume by Country (2024-2029)
6.2.2 Europe Truck Sales in Value by Country (2024-2029)
7 Asia-Pacific Truck by Region
7.1 Asia-Pacific Truck Historic Market Size by Region
7.1.1 Asia-Pacific Truck Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Truck Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Truck Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Truck Forecasted Market Size by Region
7.2.1 Asia-Pacific Truck Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Truck Sales in Value by Region (2024-2029)
8 Latin America Truck by Country
8.1 Latin America Truck Historic Market Size by Country
8.1.1 Latin America Truck Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Truck Sales in Volume by Country (2018-2023)
8.1.3 Latin America Truck Sales in Value by Country (2018-2023)
8.2 Latin America Truck Forecasted Market Size by Country
8.2.1 Latin America Truck Sales in Volume by Country (2024-2029)
8.2.2 Latin America Truck Sales in Value by Country (2024-2029)
9 Middle East and Africa Truck by Country
9.1 Middle East and Africa Truck Historic Market Size by Country
9.1.1 Middle East and Africa Truck Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Truck Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Truck Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Truck Forecasted Market Size by Country
9.2.1 Middle East and Africa Truck Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Truck Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Toyota Industries Corporation
10.1.1 Toyota Industries Corporation Company Information
10.1.2 Toyota Industries Corporation Introduction and Business Overview
10.1.3 Toyota Industries Corporation Truck Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Toyota Industries Corporation Truck Products Offered
10.1.5 Toyota Industries Corporation Recent Development
10.2 KION Group
10.2.1 KION Group Company Information
10.2.2 KION Group Introduction and Business Overview
10.2.3 KION Group Truck Sales, Revenue and Gross Margin (2018-2023)
10.2.4 KION Group Truck Products Offered
10.2.5 KION Group Recent Development
10.3 Mitsubishi Nichiyu Forklift
10.3.1 Mitsubishi Nichiyu Forklift Company Information
10.3.2 Mitsubishi Nichiyu Forklift Introduction and Business Overview
10.3.3 Mitsubishi Nichiyu Forklift Truck Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Mitsubishi Nichiyu Forklift Truck Products Offered
10.3.5 Mitsubishi Nichiyu Forklift Recent Development
10.4 Jungheinrich AG
10.4.1 Jungheinrich AG Company Information
10.4.2 Jungheinrich AG Introduction and Business Overview
10.4.3 Jungheinrich AG Truck Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Jungheinrich AG Truck Products Offered
10.4.5 Jungheinrich AG Recent Development
10.5 Crown Equipment
10.5.1 Crown Equipment Company Information
10.5.2 Crown Equipment Introduction and Business Overview
10.5.3 Crown Equipment Truck Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Crown Equipment Truck Products Offered
10.5.5 Crown Equipment Recent Development
10.6 Hyster-Yale Materials Handling
10.6.1 Hyster-Yale Materials Handling Company Information
10.6.2 Hyster-Yale Materials Handling Introduction and Business Overview
10.6.3 Hyster-Yale Materials Handling Truck Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Hyster-Yale Materials Handling Truck Products Offered
10.6.5 Hyster-Yale Materials Handling Recent Development
10.7 Anhui Forklift Truck
10.7.1 Anhui Forklift Truck Company Information
10.7.2 Anhui Forklift Truck Introduction and Business Overview
10.7.3 Anhui Forklift Truck Truck Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Anhui Forklift Truck Truck Products Offered
10.7.5 Anhui Forklift Truck Recent Development
10.8 Doosan Industrial Vehicle
10.8.1 Doosan Industrial Vehicle Company Information
10.8.2 Doosan Industrial Vehicle Introduction and Business Overview
10.8.3 Doosan Industrial Vehicle Truck Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Doosan Industrial Vehicle Truck Products Offered
10.8.5 Doosan Industrial Vehicle Recent Development
10.9 Hangcha Group
10.9.1 Hangcha Group Company Information
10.9.2 Hangcha Group Introduction and Business Overview
10.9.3 Hangcha Group Truck Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Hangcha Group Truck Products Offered
10.9.5 Hangcha Group Recent Development
10.10 Clark Material Handling
10.10.1 Clark Material Handling Company Information
10.10.2 Clark Material Handling Introduction and Business Overview
10.10.3 Clark Material Handling Truck Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Clark Material Handling Truck Products Offered
10.10.5 Clark Material Handling Recent Development
10.11 Komatsu
10.11.1 Komatsu Company Information
10.11.2 Komatsu Introduction and Business Overview
10.11.3 Komatsu Truck Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Komatsu Truck Products Offered
10.11.5 Komatsu Recent Development
10.12 Hyundai Heavy Industries
10.12.1 Hyundai Heavy Industries Company Information
10.12.2 Hyundai Heavy Industries Introduction and Business Overview
10.12.3 Hyundai Heavy Industries Truck Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Hyundai Heavy Industries Truck Products Offered
10.12.5 Hyundai Heavy Industries Recent Development
10.13 Combilift
10.13.1 Combilift Company Information
10.13.2 Combilift Introduction and Business Overview
10.13.3 Combilift Truck Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Combilift Truck Products Offered
10.13.5 Combilift Recent Development
10.14 EP Equipment
10.14.1 EP Equipment Company Information
10.14.2 EP Equipment Introduction and Business Overview
10.14.3 EP Equipment Truck Sales, Revenue and Gross Margin (2018-2023)
10.14.4 EP Equipment Truck Products Offered
10.14.5 EP Equipment Recent Development
10.15 Konecranes
10.15.1 Konecranes Company Information
10.15.2 Konecranes Introduction and Business Overview
10.15.3 Konecranes Truck Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Konecranes Truck Products Offered
10.15.5 Konecranes Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Truck Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Truck Industrial Chain Analysis
11.4 Truck Market Dynamics
11.4.1 Truck Industry Trends
11.4.2 Truck Market Drivers
11.4.3 Truck Market Challenges
11.4.4 Truck Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Truck Distributors
12.3 Truck Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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