Medium And Heavy Commercial Vehicles Global Market Report 2024

Description

Medium and heavy commercial vehicles (MHCVs) include trucks and buses with a gross vehicle weight (GVW) typically ranging from 6 to over 16 tons. These vehicles are mainly used for transporting goods or passengers over long distances and are employed in industrial or commercial settings.

The primary types of medium and heavy commercial vehicles are trucks, buses, and construction and mining equipment. Trucks in this category are large, motorized vehicles designed mainly for transporting goods and materials over long distances. They are crucial for logistics, construction, and various industrial uses. These vehicles are classified by gross vehicle weight into medium commercial vehicles (MCVs) and heavy commercial vehicles (HCVs). They use various propulsion types, including internal combustion (IC) engines, plug-in hybrid electric, battery electric, and alternative fuel-powered systems. The tonnage ranges from 3.5-7.5 tons, 7.5-16 tons, to over 16 tons, with applications spanning logistics and transportation, construction and mining, passenger transport, and defense and government.

The medium and heavy commercial vehicles market research report is one of a series of new reports from The Business Research Company that provides medium and heavy commercial vehicles market statistics, including medium and heavy commercial vehicles industry global market size, regional shares, competitors with a medium and heavy commercial vehicles market share, detailed medium and heavy commercial vehicles market segments, market trends and opportunities, and any further data you may need to thrive in the medium and heavy commercial vehicles industry. This medium and heavy commercial vehicles market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The medium and heavy commercial vehicles market size has grown strongly in recent years. It will grow from $307.80 billion in 2023 to $333.98 billion in 2024 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period is attributed to increased investments in infrastructure, expanding urban areas, global trade expansion, stricter fuel efficiency regulations, and a rising demand for logistics and supply chain solutions.

The medium and heavy commercial vehicles market size is expected to see strong growth in the next few years. It will grow to $465.55 billion in 2028 at a compound annual growth rate (CAGR) of 8.7%. The growth in the forecast period is attributed to the rising demand for commercial vehicles, increased disposable income, rapid growth in e-commerce, higher demand from the construction sector, and greater need for material transportation. Key trends during this period include the adoption of autonomous driving technologies, the integration of telematics systems, a focus on vehicle-to-everything (V2X) communication, growth in vehicle sharing and leasing models, and the development of alternative fuel sources.

The growing e-commerce sector is anticipated to drive the expansion of the medium and heavy commercial vehicles market. The surge in e-commerce is attributed to increasing internet penetration, the convenience of online shopping, and technological advancements, which were further accelerated by the COVID-19 pandemic. Medium and heavy commercial vehicles play a crucial role in e-commerce by enabling the efficient transport of large volumes of goods over long distances, thus ensuring timely deliveries and optimizing supply chains. For example, in May 2024, a report from the Census Bureau of the Department of Commerce, a US-based governmental agency, indicated that e-commerce sales reached approximately $1,118.7 billion in 2023. In the first quarter of 2024, total retail sales were estimated at $1,820.0 billion, with e-commerce sales increasing by 8.5% (+-1.1%) compared to the same period in 2023, while total retail sales grew by 2.8% (+-0.5%). Hence, the rise in e-commerce activities is fueling the growth of the medium and heavy commercial vehicles market.

Key players in the medium and heavy commercial vehicle market are concentrating on developing advanced products, such as high-payload capacity trucks, to meet evolving market demands and improve fuel efficiency, performance, and sustainability. High-payload capacity trucks are designed to carry substantial cargo loads, often exceeding the standard limits for their category. For instance, in October 2023, Ashok Leyland, an India-based commercial vehicle manufacturer, introduced the Ecomet Star 1915 truck with a Gross Vehicle Weight (GVW) of 18.49 tons in the Intermediate Commercial Vehicle (ICV) segment. The truck offers an impressive payload capacity of 12.91 tons, suitable for heavy-duty applications. It is equipped with a robust 110 kW (150 hp) H4 engine producing 450 Nm of torque, ensuring strong performance for long-distance travel. Additionally, it features a newly designed, wider 2.34-meter load body as a standard, enhancing loading efficiency.

In March 2024, Morgan Truck Body LLC, a US-based manufacturer specializing in dry freight and refrigerated truck bodies, acquired Transit Truck Bodies Inc. for an undisclosed amount. This acquisition expands Morgan Truck Body's North American footprint to 14 locations and leverages Transit Truck Bodies' expertise, strengthening Morgan's capability to deliver innovative truck body solutions across the continent. Transit Truck Bodies Inc. is a Canada-based manufacturer of truck bodies.

Major companies operating in the medium and heavy commercial vehicles market are Volkswagen AG, Toyota Motor Corporation, Ford Motor Company, Mercedes-Benz Group AG, Hyundai Motor Company, Daimler Truck AG, AB Volvo, Tata Motors Limited, PACCAR Inc, Isuzu Motors Limited, Mitsubishi Motors Corporation, Dongfeng Motor Corporation, Scania AB, Iveco S.p.A., Mahindra & Mahindra Limited, MAN SE, Beiqi Foton Motor Co. Ltd., Ashok Leyland Limited, Mack Trucks Inc., Force Motors Limited, UD Trucks Corporation, Oy Sisu Auto Ab

Asia-Pacific was the largest region in the medium and heavy commercial vehicles market in 2023 and it is expected to be the fastest-growing region in the forecast period. The regions covered in the medium and heavy commercial vehicles market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the medium and heavy commercial vehicles market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The medium and heavy commercial vehicles market consists of sales of delivery vans, refrigerated trucks, stake trucks, dump trucks, heavy haulage trucks, and heavy-duty buses. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Medium And Heavy Commercial Vehicles Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on medium and heavy commercial vehicles market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
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Where is the largest and fastest growing market for medium and heavy commercial vehicles ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The medium and heavy commercial vehicles market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of COVID-19 on supply chains and consumption patterns.

Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:1) By Vehicle Type: Trucks; Buses; Construction And Mining Equipment
2) By Gross Vehicle Weight: Medium Commercial Vehicles (MCV); Heavy Commercial Vehicles (HCV))
3) By Propulsion Type: Internal Combustion (IC) Engine; Plug-In Hybrid Electric; Battery Electric; Alternative Fuel Powered
4) By Tonnage: 3.5 - 7.5 Ton; 7.5 - 16 Ton; Above 16 Ton
5) By Application: Logistics And Transportation; Construction And Mining; Passenger Transportation; Defense And Government
Companies Mentioned: Volkswagen AG; Toyota Motor Corporation; Ford Motor Company; Mercedes-Benz Group AG; Hyundai Motor Company
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Product Code: r20736

1. Executive Summary

2. Medium And Heavy Commercial Vehicles Market Characteristics

3. Medium And Heavy Commercial Vehicles Market Trends And Strategies

4. Medium And Heavy Commercial Vehicles Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Medium And Heavy Commercial Vehicles Market Size and Growth

5.1. Global Medium And Heavy Commercial Vehicles Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Medium And Heavy Commercial Vehicles Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Medium And Heavy Commercial Vehicles Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Medium And Heavy Commercial Vehicles Market Segmentation

6.1. Global Medium And Heavy Commercial Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Trucks
Buses
Construction And Mining Equipment
6.2. Global Medium And Heavy Commercial Vehicles Market, Segmentation By Gross Vehicle Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Medium Commercial Vehicles (MCV)
Heavy Commercial Vehicles (HCV))
6.3. Global Medium And Heavy Commercial Vehicles Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Internal Combustion (IC) Engine
Plug-In Hybrid Electric
Battery Electric
Alternative Fuel Powered
6.4. Global Medium And Heavy Commercial Vehicles Market, Segmentation By Tonnage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
3.5 - 7.5 Ton
7.5 - 16 Ton
Above 16 Ton
6.5. Global Medium And Heavy Commercial Vehicles Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Logistics And Transportation
Construction And Mining
Passenger Transportation
Defense And Government

7. Medium And Heavy Commercial Vehicles Market Regional And Country Analysis

7.1. Global Medium And Heavy Commercial Vehicles Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Medium And Heavy Commercial Vehicles Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Medium And Heavy Commercial Vehicles Market

8.1. Asia-Pacific Medium And Heavy Commercial Vehicles Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Medium And Heavy Commercial Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Medium And Heavy Commercial Vehicles Market, Segmentation By Gross Vehicle Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Medium And Heavy Commercial Vehicles Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Medium And Heavy Commercial Vehicles Market

9.1. China Medium And Heavy Commercial Vehicles Market Overview
9.2. China Medium And Heavy Commercial Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Medium And Heavy Commercial Vehicles Market, Segmentation By Gross Vehicle Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Medium And Heavy Commercial Vehicles Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Medium And Heavy Commercial Vehicles Market

10.1. India Medium And Heavy Commercial Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Medium And Heavy Commercial Vehicles Market, Segmentation By Gross Vehicle Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Medium And Heavy Commercial Vehicles Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Medium And Heavy Commercial Vehicles Market

11.1. Japan Medium And Heavy Commercial Vehicles Market Overview
11.2. Japan Medium And Heavy Commercial Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Medium And Heavy Commercial Vehicles Market, Segmentation By Gross Vehicle Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Medium And Heavy Commercial Vehicles Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Medium And Heavy Commercial Vehicles Market

12.1. Australia Medium And Heavy Commercial Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Medium And Heavy Commercial Vehicles Market, Segmentation By Gross Vehicle Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Medium And Heavy Commercial Vehicles Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Medium And Heavy Commercial Vehicles Market

13.1. Indonesia Medium And Heavy Commercial Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Medium And Heavy Commercial Vehicles Market, Segmentation By Gross Vehicle Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Medium And Heavy Commercial Vehicles Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Medium And Heavy Commercial Vehicles Market

14.1. South Korea Medium And Heavy Commercial Vehicles Market Overview
14.2. South Korea Medium And Heavy Commercial Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Medium And Heavy Commercial Vehicles Market, Segmentation By Gross Vehicle Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Medium And Heavy Commercial Vehicles Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Medium And Heavy Commercial Vehicles Market

15.1. Western Europe Medium And Heavy Commercial Vehicles Market Overview
15.2. Western Europe Medium And Heavy Commercial Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Medium And Heavy Commercial Vehicles Market, Segmentation By Gross Vehicle Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Medium And Heavy Commercial Vehicles Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Medium And Heavy Commercial Vehicles Market

16.1. UK Medium And Heavy Commercial Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Medium And Heavy Commercial Vehicles Market, Segmentation By Gross Vehicle Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Medium And Heavy Commercial Vehicles Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Medium And Heavy Commercial Vehicles Market

17.1. Germany Medium And Heavy Commercial Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Medium And Heavy Commercial Vehicles Market, Segmentation By Gross Vehicle Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Medium And Heavy Commercial Vehicles Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Medium And Heavy Commercial Vehicles Market

18.1. France Medium And Heavy Commercial Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Medium And Heavy Commercial Vehicles Market, Segmentation By Gross Vehicle Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Medium And Heavy Commercial Vehicles Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Medium And Heavy Commercial Vehicles Market

19.1. Italy Medium And Heavy Commercial Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Medium And Heavy Commercial Vehicles Market, Segmentation By Gross Vehicle Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Medium And Heavy Commercial Vehicles Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Medium And Heavy Commercial Vehicles Market

20.1. Spain Medium And Heavy Commercial Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Medium And Heavy Commercial Vehicles Market, Segmentation By Gross Vehicle Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Medium And Heavy Commercial Vehicles Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Medium And Heavy Commercial Vehicles Market

21.1. Eastern Europe Medium And Heavy Commercial Vehicles Market Overview
21.2. Eastern Europe Medium And Heavy Commercial Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Medium And Heavy Commercial Vehicles Market, Segmentation By Gross Vehicle Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Medium And Heavy Commercial Vehicles Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Medium And Heavy Commercial Vehicles Market

22.1. Russia Medium And Heavy Commercial Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Medium And Heavy Commercial Vehicles Market, Segmentation By Gross Vehicle Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Medium And Heavy Commercial Vehicles Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Medium And Heavy Commercial Vehicles Market

23.1. North America Medium And Heavy Commercial Vehicles Market Overview
23.2. North America Medium And Heavy Commercial Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Medium And Heavy Commercial Vehicles Market, Segmentation By Gross Vehicle Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Medium And Heavy Commercial Vehicles Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Medium And Heavy Commercial Vehicles Market

24.1. USA Medium And Heavy Commercial Vehicles Market Overview
24.2. USA Medium And Heavy Commercial Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Medium And Heavy Commercial Vehicles Market, Segmentation By Gross Vehicle Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Medium And Heavy Commercial Vehicles Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Medium And Heavy Commercial Vehicles Market

25.1. Canada Medium And Heavy Commercial Vehicles Market Overview
25.2. Canada Medium And Heavy Commercial Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Medium And Heavy Commercial Vehicles Market, Segmentation By Gross Vehicle Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Medium And Heavy Commercial Vehicles Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Medium And Heavy Commercial Vehicles Market

26.1. South America Medium And Heavy Commercial Vehicles Market Overview
26.2. South America Medium And Heavy Commercial Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Medium And Heavy Commercial Vehicles Market, Segmentation By Gross Vehicle Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Medium And Heavy Commercial Vehicles Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Medium And Heavy Commercial Vehicles Market

27.1. Brazil Medium And Heavy Commercial Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Medium And Heavy Commercial Vehicles Market, Segmentation By Gross Vehicle Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Medium And Heavy Commercial Vehicles Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Medium And Heavy Commercial Vehicles Market

28.1. Middle East Medium And Heavy Commercial Vehicles Market Overview
28.2. Middle East Medium And Heavy Commercial Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Medium And Heavy Commercial Vehicles Market, Segmentation By Gross Vehicle Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Medium And Heavy Commercial Vehicles Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Medium And Heavy Commercial Vehicles Market

29.1. Africa Medium And Heavy Commercial Vehicles Market Overview
29.2. Africa Medium And Heavy Commercial Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Medium And Heavy Commercial Vehicles Market, Segmentation By Gross Vehicle Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Medium And Heavy Commercial Vehicles Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Medium And Heavy Commercial Vehicles Market Competitive Landscape And Company Profiles

30.1. Medium And Heavy Commercial Vehicles Market Competitive Landscape
30.2. Medium And Heavy Commercial Vehicles Market Company Profiles
- 30.2.1. Volkswagen AG
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Toyota Motor Corporation
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Ford Motor Company
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Mercedes-Benz Group AG
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Hyundai Motor Company
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Medium And Heavy Commercial Vehicles Market Other Major And Innovative Companies

31.1. Daimler Truck AG
31.2. AB Volvo
31.3. Tata Motors Limited
31.4. PACCAR Inc
31.5. Isuzu Motors Limited
31.6. Mitsubishi Motors Corporation
31.7. Dongfeng Motor Corporation
31.8. Scania AB
31.9. Iveco S.p.A.
31.10. Mahindra & Mahindra Limited
31.11. MAN SE
31.12. Beiqi Foton Motor Co. Ltd.
31.13. Ashok Leyland Limited
31.14. Mack Trucks Inc.
31.15. Force Motors Limited

32. Global Medium And Heavy Commercial Vehicles Market Competitive Benchmarking

33. Global Medium And Heavy Commercial Vehicles Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Medium And Heavy Commercial Vehicles Market

35. Medium And Heavy Commercial Vehicles Market Future Outlook and Potential Analysis

35.1 Medium And Heavy Commercial Vehicles Market In 2028 - Countries Offering Most New Opportunities
35.2 Medium And Heavy Commercial Vehicles Market In 2028 - Segments Offering Most New Opportunities
35.3 Medium And Heavy Commercial Vehicles Market In 2028 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer