Summary
Global Medium & Heavy Trucks industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume , 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
The global medium & heavy trucks market recorded revenues of $2,585 billion in 2024, representing a compound annual growth rate (CAGR) of 2.4% between 2019 and 2024.
Market production volume increased with a CAGR of 1.2% between 2019 and 2024, reaching a total of 26,009.0 thousand units in 2024.
According to GlobalData, North America accounted for a share of 68.7% of the global medium & heavy trucks market in 2024.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global medium & heavy trucks market
- 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
- Macroeconomic indicators provide insight into general trends within the global economy
Reasons to Buy
- What was the size of the global medium & heavy trucks market by value in 2024?
- What will be the size of the global medium & heavy trucks market in 2029?
- 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 medium & heavy trucks market?