Medium & Heavy Truck Market:
Executive Summary
The trucking industry is at forefront of technology led transformation with focus on CASE (Connected, Autonomous, Shared & Services and Electric) technologies. Digitalization forms the backbone of this technology led trucking revolution with integration of sensors, equipment & technologies on-board truck models.
The report “Global Medium & Heavy Truck Market [By Region – North America (The US, Canada & Mexico), Europe (Germany, Spain & The UK) & Asia Pacific (China, Japan & India) Market Outlook 2025” provides in-depth analysis of the current scenario, detailed market outlook of the global medium and heavy market overall as well as across various geographies. Regional analysis is done across major markets in North America, Europe and Asia Pacific.
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The report provides comprehensive coverage on major industry drivers, restraints, and their impact on market growth during the forecast period. Furthermore, the study encompasses various market specific growth opportunities in global medium and heavy truck market. The report has been segmented as following:-
Geographical Coverage
• North America – The US, Canada & Mexico
• Europe – The UK, Spain & Germany
• Asia Pacific – China, Japan & India
Key Vendors
• Daimler AG
• Volkswagen AG
• AB Volvo
• Tata Motors Limited
• PACCAR Inc.
Table of Contents
1. Executive Summary
2. Research Methodology
3. Trucks
3.1 Overview
3.2 Classification of Vehicles
3.2.1 Medium-duty Trucks
3.2.2 Heavy-duty Trucks
4. Market Analysis
4.1 Market Sizing
4.1.1 Market Size by Value (Actual & Forecasted)
4.1.2 Market Size by Volume (Actual & Forecasted)
4.2 Market Share Analysis
4.2.1 Market Share by Region
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5. Regional Analysis
5.1 Asia Pacific
5.1.1 Market Sizing by Value (Actual & Forecasted)
5.1.2 Market Sizing by Volume (Actual & Forecasted)
5.1.3 Market Share by Nations
5.1.4 China
5.1.4.1 Market Sizing by Value (Actual & Forecasted)
5.1.4.2 Market Sizing by Volume (Actual & Forecasted)
5.1.5 Japan
5.1.5.1 Market Sizing by Value (Actual & Forecasted)
5.1.5.2 Market Sizing by Volume (Actual & Forecasted)
5.1.6 India
5.1.6.1 Market Sizing by Value (Actual & Forecasted)
5.1.6.2 Market Sizing by Volume (Actual & Forecasted)
5.2 North America
5.2.1 Market Sizing by Value (Actual & Forecasted)
5.2.2 Market Sizing by Volume (Actual & Forecasted)
5.2.3 Market Share by Nations
5.2.4 The US
5.2.4.1 Market Sizing by Value (Actual & Forecasted)
5.2.4.2 Market Sizing by Volume (Actual & Forecasted)
5.2.5 Canada
5.2.5.1 Market Sizing by Value (Actual & Forecasted)
5.2.5.2 Market Sizing by Volume (Actual & Forecasted)
5.2.6 Mexico
5.2.6.1 Market Sizing by Value (Actual & Forecasted)
5.2.6.2 Market Sizing by Volume (Actual & Forecasted)
5.3 Europe
5.3.1 Market Sizing by Value (Actual & Forecasted)
5.3.2 Market Sizing by Volume (Actual & Forecasted)
5.3.3 Market Share by Nations
5.3.4 Germany
5.3.4.1 Market Sizing by Value (Actual & Forecasted)
5.3.4.2 Market Sizing by Volume (Actual & Forecasted)
5.3.5 The UK
5.3.5.1 Market Sizing by Value (Actual & Forecasted)
5.3.5.2 Market Sizing by Volume (Actual & Forecasted)
5.3.6 Spain
5.3.6.1 Market Sizing by Value (Actual & Forecasted)
5.3.6.2 Market Sizing by Volume (Actual & Forecasted)
6. Market Dynamics
6.1 Industry Trends & Developments
6.1.1 Miniaturization of Engines
6.1.2 Technological Advancement in Trucks
6.1.3 Electrification of Commercial Vehicles
6.2 Growth Drivers
6.2.1 Growth in Demand from Emerging Economies
6.2.2 Global Economic Development
6.2.3 Increasing Expenditure on Infrastructure
6.3 Challenges
6.3.1 Increase in Raw Material Prices
6.3.2 Compliance with environmental Regulations
6.3.3 Rise in Crude Oil Price
7. Competitive Landscape
7.1 Financial Analysis
7.2 Market Share by Companies
8. Company Profiles
8.1 Daimler AG
8.2 Volkswagen AG
8.3 AB Volvo
8.4 Tata Motors Limited
8.5 PACCAR Inc.
Continuous…
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