Medium & Heavy Trucks in China
Summary
Medium & Heavy Trucks in China industry profile provides top-line qualitative and quantitative summary information including: market size (value 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
Medium & Heavy Trucks in China industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 Chinese medium & heavy trucks market recorded a revenue of $270.0 billion in 2025, representing a negative compound annual growth rate (CAGR) of 5.1% between 2020 and 2025.
- Market consumption volumes declined with a negative CAGR of 5.4% between 2020 and 2025, reaching a total of 3,894.1 thousand units in 2025.
- In 2025, the Chinese market value rebounded from the 2024 contraction, recording an annual growth of 0.8%. This growth was attributed to the increase in exports and imports in the country.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the medium & heavy trucks market in China
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the medium & heavy trucks market in China
- 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 China medium & heavy trucks market with five year forecasts
- What was the size of the China medium & heavy trucks market by value in 2025?
- What will be the size of the China medium & heavy trucks market in 2030?
- What factors are affecting the strength of competition in the China medium & heavy trucks market?
- How has the market performed over the last five years?
- What are the main segments that make up China'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 strengths of the leading players?
7.3. What are the strategies followed by the leading players?
7.4. What are the recent developments in the market?
8 COMPANY PROFILES
8.1. Sinotruk (Hong Kong) Ltd
8.2. Beiqi Foton Motor Co Ltd
8.3. Dongfeng Motor Group Co Ltd
8.4. China FAW Group Co Ltd
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 strengths of the leading players?
7.3. What are the strategies followed by the leading players?
7.4. What are the recent developments in the market?
8 COMPANY PROFILES
8.1. Sinotruk (Hong Kong) Ltd
8.2. Beiqi Foton Motor Co Ltd
8.3. Dongfeng Motor Group Co Ltd
8.4. China FAW Group Co Ltd
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: China medium & heavy trucks market value: $ billion, 2020-25
Table 2: China medium & heavy trucks market volume: thousand units, 2020-25
Table 3: China medium & heavy trucks market category segmentation: % share, by volume, 2020-25
Table 4: China medium & heavy trucks market category segmentation: thousand units, 2020-25
Table 5: China medium & heavy trucks market geography segmentation: $ billion, 2025
Table 6: China medium & heavy trucks market value forecast: $ billion, 2025-30
Table 7: China medium & heavy trucks market volume forecast: thousand units, 2025-30
Table 8: Sinotruk (Hong Kong) Ltd: Key Facts
Table 9: Sinotruk (Hong Kong) Ltd: Annual Financial Ratios
Table 10: Sinotruk (Hong Kong) Ltd: Key Employees
Table 11: Beiqi Foton Motor Co Ltd: Key Facts
Table 12: Beiqi Foton Motor Co Ltd: Annual Financial Ratios
Table 13: Beiqi Foton Motor Co Ltd: Key Employees
Table 14: Dongfeng Motor Group Co Ltd: Key Facts
Table 15: China FAW Group Co Ltd: Key Facts
Table 16: China FAW Group Co Ltd: Key Employees
Table 17: China Size of Population (Million), 2021-25
Table 18: China Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 19: China GDP (Current Prices, $ Billion), 2021-25
Table 20: China Inflation, 2021-25
Table 21: China Consumer Price Index (Absolute), 2021-25
Table 22: China Exchange Rate, 2020-25
Table 1: China medium & heavy trucks market value: $ billion, 2020-25
Table 2: China medium & heavy trucks market volume: thousand units, 2020-25
Table 3: China medium & heavy trucks market category segmentation: % share, by volume, 2020-25
Table 4: China medium & heavy trucks market category segmentation: thousand units, 2020-25
Table 5: China medium & heavy trucks market geography segmentation: $ billion, 2025
Table 6: China medium & heavy trucks market value forecast: $ billion, 2025-30
Table 7: China medium & heavy trucks market volume forecast: thousand units, 2025-30
Table 8: Sinotruk (Hong Kong) Ltd: Key Facts
Table 9: Sinotruk (Hong Kong) Ltd: Annual Financial Ratios
Table 10: Sinotruk (Hong Kong) Ltd: Key Employees
Table 11: Beiqi Foton Motor Co Ltd: Key Facts
Table 12: Beiqi Foton Motor Co Ltd: Annual Financial Ratios
Table 13: Beiqi Foton Motor Co Ltd: Key Employees
Table 14: Dongfeng Motor Group Co Ltd: Key Facts
Table 15: China FAW Group Co Ltd: Key Facts
Table 16: China FAW Group Co Ltd: Key Employees
Table 17: China Size of Population (Million), 2021-25
Table 18: China Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 19: China GDP (Current Prices, $ Billion), 2021-25
Table 20: China Inflation, 2021-25
Table 21: China Consumer Price Index (Absolute), 2021-25
Table 22: China Exchange Rate, 2020-25
LIST OF FIGURES
Figure 1: China medium & heavy trucks market value: $ billion, 2020-25
Figure 2: China medium & heavy trucks market volume: thousand units, 2020-25
Figure 3: China medium & heavy trucks market category segmentation: thousand units, 2020-25
Figure 4: China medium & heavy trucks market geography segmentation: % share, by value, 2025
Figure 5: China medium & heavy trucks market value forecast: $ billion, 2025-30
Figure 6: China medium & heavy trucks market volume forecast: thousand units, 2025-30
Figure 7: Forces driving competition in the medium & heavy trucks market in China, 2025
Figure 8: Drivers of buyer power in the medium & heavy trucks market in China, 2025
Figure 9: Drivers of supplier power in the medium & heavy trucks market in China, 2025
Figure 10: Factors influencing the likelihood of new entrants in the medium & heavy trucks market in China, 2025
Figure 11: Factors influencing the threat of substitutes in the medium & heavy trucks market in China, 2025
Figure 12: Drivers of degree of rivalry in the medium & heavy trucks market in China, 2025
Figure 1: China medium & heavy trucks market value: $ billion, 2020-25
Figure 2: China medium & heavy trucks market volume: thousand units, 2020-25
Figure 3: China medium & heavy trucks market category segmentation: thousand units, 2020-25
Figure 4: China medium & heavy trucks market geography segmentation: % share, by value, 2025
Figure 5: China medium & heavy trucks market value forecast: $ billion, 2025-30
Figure 6: China medium & heavy trucks market volume forecast: thousand units, 2025-30
Figure 7: Forces driving competition in the medium & heavy trucks market in China, 2025
Figure 8: Drivers of buyer power in the medium & heavy trucks market in China, 2025
Figure 9: Drivers of supplier power in the medium & heavy trucks market in China, 2025
Figure 10: Factors influencing the likelihood of new entrants in the medium & heavy trucks market in China, 2025
Figure 11: Factors influencing the threat of substitutes in the medium & heavy trucks market in China, 2025
Figure 12: Drivers of degree of rivalry in the medium & heavy trucks market in China, 2025
