Global Medium & Heavy Trucks
Summary
Global Medium & Heavy Trucks industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2020-25, and forecast to 2030). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Global Medium & Heavy Trucks industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2020-25, and forecast to 2030). 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 (CV), buses and coaches (BC), heavy commercial vehicles (HCV), and heavy buses and coaches (HBCs).
- The global medium & heavy trucks market recorded a revenue of $2,465.2 billion in 2025, representing a compound annual growth rate (CAGR) of 3.2% between 2020 and 2025.
- Market consumption volume increased with a CAGR of 2.5% between 2020 and 2025, reaching a total of 25,592.3 thousand units in 2025.
- In 2025, the global market value recorded an annual growth of 3.4%, driven by the increase in exports and imports worldwide.
- Save time carrying out entry-level research by identifying the size, growth, major segments, 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 by both value and volume
- What was the size of the Global medium & heavy trucks market by value in 2025?
- What will be the size of the Global medium & heavy trucks market in 2030?
- 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?
- What are the main segments that make up the global's medium & heavy trucks market?
1 EXECUTIVE SUMMARY
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. 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. Category segmentation
4.2. 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 in the market?
7.2. What are the strategies of the leading players?
7.3. What are the recent developments in the market?
8 COMPANY PROFILES
8.1. Daimler Truck Holding AG
8.2. AB Volvo
8.3. Traton SE
8.4. PACCAR Inc
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
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. 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. Category segmentation
4.2. 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 in the market?
7.2. What are the strategies of the leading players?
7.3. What are the recent developments in the market?
8 COMPANY PROFILES
8.1. Daimler Truck Holding AG
8.2. AB Volvo
8.3. Traton SE
8.4. PACCAR Inc
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, 2020-25
Table 2: Global medium & heavy trucks market volume: thousand units, 2020-25
Table 3: Global medium & heavy trucks market category segmentation: % share, by volume, 2020-25
Table 4: Global medium & heavy trucks market category segmentation: thousand units, 2020-25
Table 5: Global medium & heavy trucks market geography segmentation: $ billion, 2025
Table 6: Global medium & heavy trucks market value forecast: $ billion, 2025-30
Table 7: Global medium & heavy trucks market volume forecast: thousand units, 2025-30
Table 8: Daimler Truck Holding AG: Key Facts
Table 9: Daimler Truck Holding AG: Annual Financial Ratios
Table 10: Daimler Truck Holding AG: Key Employees
Table 11: Daimler Truck Holding AG: Key Employees Continued
Table 12: AB Volvo: Key Facts
Table 13: AB Volvo: Annual Financial Ratios
Table 14: AB Volvo: Key Employees
Table 15: AB Volvo: Key Employees Continued
Table 16: Traton SE: Key Facts
Table 17: Traton SE: Annual Financial Ratios
Table 18: Traton SE: Key Employees
Table 19: Traton SE: Key Employees Continued
Table 20: PACCAR Inc: Key Facts
Table 21: PACCAR Inc: Annual Financial Ratios
Table 22: PACCAR Inc: Key Employees
Table 23: Global Exchange Rate, 2020-25
Table 1: Global medium & heavy trucks market value: $ billion, 2020-25
Table 2: Global medium & heavy trucks market volume: thousand units, 2020-25
Table 3: Global medium & heavy trucks market category segmentation: % share, by volume, 2020-25
Table 4: Global medium & heavy trucks market category segmentation: thousand units, 2020-25
Table 5: Global medium & heavy trucks market geography segmentation: $ billion, 2025
Table 6: Global medium & heavy trucks market value forecast: $ billion, 2025-30
Table 7: Global medium & heavy trucks market volume forecast: thousand units, 2025-30
Table 8: Daimler Truck Holding AG: Key Facts
Table 9: Daimler Truck Holding AG: Annual Financial Ratios
Table 10: Daimler Truck Holding AG: Key Employees
Table 11: Daimler Truck Holding AG: Key Employees Continued
Table 12: AB Volvo: Key Facts
Table 13: AB Volvo: Annual Financial Ratios
Table 14: AB Volvo: Key Employees
Table 15: AB Volvo: Key Employees Continued
Table 16: Traton SE: Key Facts
Table 17: Traton SE: Annual Financial Ratios
Table 18: Traton SE: Key Employees
Table 19: Traton SE: Key Employees Continued
Table 20: PACCAR Inc: Key Facts
Table 21: PACCAR Inc: Annual Financial Ratios
Table 22: PACCAR Inc: Key Employees
Table 23: Global Exchange Rate, 2020-25
LIST OF FIGURES
Figure 1: Global medium & heavy trucks market value: $ billion, 2020-25
Figure 2: Global medium & heavy trucks market volume: thousand units, 2020-25
Figure 3: Global medium & heavy trucks market category segmentation: thousand units, 2020-25
Figure 4: Global medium & heavy trucks market geography segmentation: % share, by value, 2025
Figure 5: Global medium & heavy trucks market value forecast: $ billion, 2025-30
Figure 6: Global medium & heavy trucks market volume forecast: thousand units, 2025-30
Figure 7: Forces driving competition in the global medium & heavy trucks market, 2025
Figure 8: Drivers of buyer power in the global medium & heavy trucks market, 2025
Figure 9: Drivers of supplier power in the global medium & heavy trucks market, 2025
Figure 10: Factors influencing the likelihood of new entrants in the global medium & heavy trucks market, 2025
Figure 11: Factors influencing the threat of substitutes in the global medium & heavy trucks market, 2025
Figure 12: Drivers of degree of rivalry in the global medium & heavy trucks market, 2025
Figure 1: Global medium & heavy trucks market value: $ billion, 2020-25
Figure 2: Global medium & heavy trucks market volume: thousand units, 2020-25
Figure 3: Global medium & heavy trucks market category segmentation: thousand units, 2020-25
Figure 4: Global medium & heavy trucks market geography segmentation: % share, by value, 2025
Figure 5: Global medium & heavy trucks market value forecast: $ billion, 2025-30
Figure 6: Global medium & heavy trucks market volume forecast: thousand units, 2025-30
Figure 7: Forces driving competition in the global medium & heavy trucks market, 2025
Figure 8: Drivers of buyer power in the global medium & heavy trucks market, 2025
Figure 9: Drivers of supplier power in the global medium & heavy trucks market, 2025
Figure 10: Factors influencing the likelihood of new entrants in the global medium & heavy trucks market, 2025
Figure 11: Factors influencing the threat of substitutes in the global medium & heavy trucks market, 2025
Figure 12: Drivers of degree of rivalry in the global medium & heavy trucks market, 2025