Medium & Heavy Trucks in Mexico

March 2026 | 45 pages | ID: MC63A7D192A5EN
MarketLine

Abstracts

Summary

Medium & Heavy Trucks in Mexico industry profile provides top-line qualitative and quantitative summary information including: market share, 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 Mexican medium & heavy trucks market recorded a revenue of $27.6 billion in 2025, representing a compound annual growth rate (CAGR) of 7.4% between 2020 and 2025.
• Market consumption volume increased with a CAGR of 7.1% between 2020 and 2025, reaching a total of 628.1 thousand units in 2025.
• In 2025, the Mexican market value recorded an annual contraction of 31.4%. This is attributed to the weaker demand in key external markets, which led to a decline in exports of heavy vehicles from the country.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the medium & heavy trucks market in Mexico
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the medium & heavy trucks market in Mexico
• 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 Mexico medium & heavy trucks market with five year forecasts by both value and volume

Reasons to Buy

• What was the size of the Mexico medium & heavy trucks market by value in 2025?
• What will be the size of the Mexico medium & heavy trucks market in 2030?
• What factors are affecting the strength of competition in the Mexico medium & heavy trucks market?
• How has the market performed over the last five years?
• Who are the top competitors in Mexico's medium & heavy trucks market?

Contents

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 layers?
7.4. What are the recent developments in the market?

8 COMPANY PROFILES

8.1. Daimler Truck Holding AG
8.2. Volkswagen AG
8.3. 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

LIST OF TABLES

Table 1: Mexico medium & heavy trucks market value: $ billion, 2020-25
Table 2: Mexico medium & heavy trucks market volume: thousand units, 2020-25
Table 3: Mexico medium & heavy trucks market category segmentation: % share, by volume, 2020-25
Table 4: Mexico medium & heavy trucks market category segmentation: thousand units, 2020-25
Table 5: Mexico medium & heavy trucks market geography segmentation: $ billion, 2025
Table 6: Mexico medium & heavy trucks market value forecast: $ billion, 2025-30
Table 7: Mexico 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: Volkswagen AG: Key Facts
Table 13: Volkswagen AG: Annual Financial Ratios
Table 14: Volkswagen AG: Key Employees
Table 15: Volkswagen AG: Key Employees Continued
Table 16: PACCAR Inc: Key Facts
Table 17: PACCAR Inc: Annual Financial Ratios
Table 18: PACCAR Inc: Key Employees
Table 19: Mexico Size of Population (Million), 2021-25
Table 20: Mexico Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 21: Mexico GDP (Current Prices, $ Billion), 2021-25
Table 22: Mexico Inflation, 2021-25
Table 23: Mexico Consumer Price Index (Absolute), 2021-25
Table 24: Mexico Exchange Rate, 2020-25

List Of Figures

LIST OF FIGURES

Figure 1: Mexico medium & heavy trucks market value: $ billion, 2020-25
Figure 2: Mexico medium & heavy trucks market volume: thousand units, 2020-25
Figure 3: Mexico medium & heavy trucks market category segmentation: thousand units, 2020-25
Figure 4: Mexico medium & heavy trucks market geography segmentation: % share, by value, 2025
Figure 5: Mexico medium & heavy trucks market value forecast: $ billion, 2025-30
Figure 6: Mexico medium & heavy trucks market volume forecast: thousand units, 2025-30
Figure 7: Forces driving competition in the medium & heavy trucks market in Mexico, 2025
Figure 8: Drivers of buyer power in the medium & heavy trucks market in Mexico, 2025
Figure 9: Drivers of supplier power in the medium & heavy trucks market in Mexico, 2025
Figure 10: Factors influencing the likelihood of new entrants in the medium & heavy trucks market in Mexico, 2025
Figure 11: Factors influencing the threat of substitutes in the medium & heavy trucks market in Mexico, 2025
Figure 12: Drivers of degree of rivalry in the medium & heavy trucks market in Mexico, 2025