Medium & Heavy Trucks in the United States

February 2025 | 44 pages | ID: M668240F9F53EN
MarketLine

Abstracts

Medium & Heavy Trucks in the United States

Summary

Medium & Heavy Trucks in the United States industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

• Medium and heavy trucks market includes commercial vehicles (CV), buses and coaches (BC), heavy commercial vehicles (HCV), and heavy buses and coaches (HBCs).
• The US medium & heavy trucks market recorded revenues of $1,546.9 million in 2024, representing a compound annual growth rate (CAGR) of 1.5% between 2019 and 2024.
• Market consumption volume increased with a CAGR of 0.7% between 2019 and 2024, reaching a total of 13,244.7 thousand units in 2024.
• In 2024, the US accounted for a share of 87.1% of the North American medium & heavy trucks market.

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 the United States
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the medium & heavy trucks market in the United States
• 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 United States medium & heavy trucks market with five year forecasts by both value and volume

Reasons to Buy

• What was the size of the United States medium & heavy trucks market by value in 2024?
• What will be the size of the United States medium & heavy trucks market in 2029?
• What factors are affecting the strength of competition in the United States medium & heavy trucks market?
• How has the market performed over the last five years?
• Who are the top competitors in the United States'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. Geography segmentation
1.6. Market rivalry
1.7. 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. 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. PACCAR Inc
8.3. AB Volvo
8.4. Tesla 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: United States medium & heavy trucks market value: $ billion, 2019-24
Table 2: United States medium & heavy trucks market volume: thousand units, 2019-24
Table 3: United States medium & heavy trucks market geography segmentation: $ billion, 2024
Table 4: United States medium & heavy trucks market value forecast: $ billion, 2024-29
Table 5: United States medium & heavy trucks market volume forecast: thousand units, 2024-29
Table 6: Daimler Truck Holding AG: Key Facts
Table 7: Daimler Truck Holding AG: Annual Financial Ratios
Table 8: Daimler Truck Holding AG: Key Employees
Table 9: PACCAR Inc: Key Facts
Table 10: PACCAR Inc: Annual Financial Ratios
Table 11: PACCAR Inc: Key Employees
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: Tesla Inc: Key Facts
Table 17: Tesla Inc: Annual Financial Ratios
Table 18: Tesla Inc: Key Employees
Table 19: United States Size of Population (Million), 2020-24
Table 20: United States Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 21: United States GDP (Current Prices, $ Billion), 2020-24
Table 22: United States Inflation, 2020-24
Table 23: United States Consumer Price Index (Absolute), 2020-24
Table 24: United States Exchange Rate, 2019-24