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Global Heavy Duty Trucks Market Report 2025

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Pages : 175

Format : PDF

Published : January 2025

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Heavy Duty Trucks Global Market Report 2025

Name: Heavy Duty Trucks Global Market Report 2025
Brand: The Business Research Company
Price: 4490.00 USD
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By Truck Type (Rigid, Articulated), By Propulsion (IC Engine, Electric, FCEV), By Application (Construction And Mining, Freight And logistics) – Impact of Tariff and Trade War on Market Size, Growth, Trends, and Forecast 2025–2034

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Heavy Duty Trucks Market Overview

• Heavy Duty Trucks Global Market Report 2025 market size has reached to $229.16 billion in 2024

• Expected to grow to $278.03 billion in 2029 at a compound annual growth rate (CAGR) of 3.7%

• Growth Driver: Heavy-Duty Trucks Market Thrives On Surge In Infrastructure Development And Construction Activities

• Market Trend: Increasing Focus On Hydrogen-Powered Heavy-Duty Trucks Leveraging Cutting-Edge Technologies

• North America was the largest region in 2024 and Asia-Pacific is the fastest growing region.

What Is Covered Under Heavy Duty Trucks Market?

Heavy-duty trucks refer to heavy commercial vehicles that usually carry the load by themselves, without a trailer. These trucks, having a gross vehicle weight of around 15,000 kg or more, are designed to transport heavy equipment, construction materials, and minerals.

The main types of heavy-duty trucks are rigid and articulated. A rigid truck refers to a type of truck where the cab and the body rest on the same fixed chassis. Various types of propulsions are included, such as IC engines, electric vehicles, and FCEVs, which are used for several applications, including construction and mining and freight and logistics.

Heavy Duty Trucks Market Size and growth rate 2025 to 2029: Graph

What Is The Heavy Duty Trucks Market Size 2025 And Growth Rate?

The heavy duty trucks market size has grown strongly in recent years. It will grow from $229.16 billion in 2024 to $240.35 billion in 2025 at a compound annual growth rate (CAGR) of 4.9%. The growth in the historic period can be attributed to growing industrial operations, increasing freight demand, rising pollution standards, advancements in vehicle safety, end-user demand.

What Is The Heavy Duty Trucks Market Growth Forecast?

The heavy duty trucks market size is expected to see steady growth in the next few years. It will grow to $278.03 billion in 2029 at a compound annual growth rate (CAGR) of 3.7%. The growth in the forecast period can be attributed to growing demand for powerful vehicles, intensifying product demand in specific sectors, expansion of domestic and foreign trade, stringent emission regulations, rise in purchasing power. Major trends in the forecast period include electrification surge, telematics and connectivity, weight reduction technologies, last-mile delivery solutions, predictive maintenance.

The forecast of 3.7% growth over the next five years reflects a modest reduction of 0.9% from the previous estimate for this market.This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through tariffs on drivetrain assemblies, air brake systems, and telematics modules sourced from global suppliers, inflating acquisition costs for Class 7 and 8 trucks.The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

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What’s The Trade War Impact On Transport Industry?

The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly impacting the transport sector, particularly in fleet maintenance and logistics operations. Higher duties on imported commercial vehicles, tires, and engine components have increased operational costs for trucking and freight companies, forcing them to raise shipping rates or reduce margins. Airlines and maritime shippers face similar pressures, with tariffs on aircraft parts and shipbuilding materials driving up capital expenditures. Additionally, retaliatory tariffs in key export markets have reduced demand for U.S.-made transportation equipment, further straining revenue streams. The sector must now prioritize fuel efficiency, alternative sourcing, and automation to offset rising expenses while maintaining service reliability.

How Is The Heavy Duty Trucks Market Segmented?

1) By Truck Type: Rigid, Articulated

2) By Propulsion: IC Engine, Electric, FCEV

3) By Application: Construction And Mining, Freight And logistics

Subsegments:

1) By Rigid Trucks: Straight Trucks, Box Trucks, Flatbed Trucks, dump trucks, Garbage Trucks

2) By Articulated Trucks: Tractor-Trailer Combinations, Truck And Trailer Units, Semi-Trailer Trucks, Tanker Trucks, Car Carrier Trucks

What Is Driving The Heavy Duty Trucks Market? Heavy-Duty Trucks Market Thrives On Surge In Infrastructure Development And Construction Activities

The increase in infrastructure development and construction is expected to propel the growth of the heavy-duty truck market going forward. Infrastructure development and construction refers to the planning, financing, and building of basic physical systems that support a community or society. Heavy-duty trucks are used in infrastructure development and construction to facilitate the transportation of materials, equipment, and goods essential for building projects, providing large cargo capacity and long-distance capabilities. For instance, in November 2023, according to the Office for National Statistics, a UK-based government department, the value of construction in Great Britain in 2022 increased by 15.8% to a record high of $168,236 (£132,989) million, and annual new orders in 2022 increased 11.4% to a record high value of $102,261 (£80,837) million. Further, the main contributors were private infrastructure, private commercial, and other public non-housing, which increased by 85.1%, 10.2%, and 17.5%, respectively. Therefore, an increase in infrastructure development and construction is driving the growth of the heavy-duty truck market.

Who Are The Major Players In The Global Heavy Duty Trucks Market?

Major companies operating in the heavy duty trucks market report are Toyota Motor Corporation, Fait Chrysler Automobile, Mercedes-Benz Group, Ford Motor Company, General Motors, Nissan Motor Co., Ltd., Volvo AB, Traton Group, Tata Motors Limited, Paccar Inc., Peterbilt, Scania AB, Mahindra & Mahindra Limited, Isuzu Motors Limited, Dongfeng Motor Group, MAN.SE, Hino Motors Ltd., Oshkosh Corporation, Mitsubishi Fuso Truck and Bus Corporation, Eicher Motors Ltd, Ashok Leyland, Mack Trucks, Western Star Trucks, Inc., Navistar International Corporation

What Are The Key Trends Of The Global Heavy Duty Trucks Market? Increasing Focus On Hydrogen-Powered Heavy-Duty Trucks Leveraging Cutting-Edge Technologies

Major companies operating in the heavy-duty trucks market are developing technological advancements, such as hydrogen-powered trucks with hydrogen ICE (internal combustion engine) technology, to strengthen their position in the market. Hydrogen-powered trucks offer promising and sustainable solutions for the heavy-duty trucks market, addressing environmental concerns, providing operational advantages, and contributing to the industry's long-term viability. For instance, in February 2023, Ashok Leyland, an India-based automotive manufacturer, in partnership with Reliance Industries Limited, an India-based conglomerate company, launched the H2-ICE heavy-duty truck range (19–35 ton) powered by hydrogen, a clean and renewable energy source. The vehicle's architecture resembles a conventional diesel engine, allowing for a cost-effective transition to cleaner energy. This hydrogen technology solution is expected to revolutionize the field of green mobility by producing almost zero emissions, performing at a level with traditional diesel trucks, reducing noise, and saving operating expenses.

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What Are Latest Mergers And Acquisitions In The Heavy Duty Trucks Market? Alamo Group Expands Portfolio With Acquisition Of Royal Truck & Equipment

In October 2023, Alamo Group Inc., a US-based manufacturer of agricultural equipment and infrastructure maintenance equipment, acquired Royal Truck & Equipment Inc. for an undisclosed amount. This acquisition is expected to strengthen Alamo's position in the infrastructure maintenance sector and create new growth opportunities in the highway safety market. Royal Truck & Equipment Inc. is a US-based manufacturer of heavy-duty trucks.

What Is The Regional Outlook For The Global Heavy Duty Trucks Market?

North America was the largest region in the heavy duty trucks market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

What Defines the Heavy Duty Trucks Market?

The heavy duty trucks market consists of sales of cement trucks, dump trucks, long-haul tractor-trailers, Class 7 and Class 8 Trucks. 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.

How is Market Value Defined and Measured?

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.

What is the Market Assessment and Strategic Outlook for the Heavy Duty Trucks Industry?

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

Heavy Duty Trucks Market Report Forecast Analysis

Report Attribute	Details
Market Size Value In 2025	$240.35 billion
Revenue Forecast In 2034	$278.03 billion
Growth Rate	CAGR of 3.7% from 2025 to 2034
Base Year For Estimation	2024
Actual Estimates/Historical Data	2019-2024
Forecast Period	2025 - 2029 - 2034
Market Representation	Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered	1) By Truck Type: Rigid, Articulated 2) By Propulsion: IC Engine, Electric, FCEV 3) By Application: Construction And Mining, Freight And logistics Subsegments: 1) By Rigid Trucks: Straight Trucks, Box Trucks, Flatbed Trucks, Dump Trucks, Garbage Trucks 2) By Articulated Trucks: Tractor-Trailer Combinations, Truck And Trailer Units, Semi-Trailer Trucks, Tanker Trucks, Car Carrier Trucks
Regional Scope	Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Toyota Motor Corporation, Fait Chrysler Automobile, Mercedes-Benz Group, Ford Motor Company, General Motors, Nissan Motor Co., Ltd., Volvo AB, Traton Group, Tata Motors Limited, Paccar Inc., Peterbilt, Scania AB, Mahindra & Mahindra Limited, Isuzu Motors Limited, Dongfeng Motor Group, MAN.SE, Hino Motors Ltd., Oshkosh Corporation, Mitsubishi Fuso Truck and Bus Corporation, Eicher Motors Ltd, Ashok Leyland, Mack Trucks, Western Star Trucks, Inc., Navistar International Corporation
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Heavy Duty Trucks Market Characteristics

3. Heavy Duty Trucks Market Trends And Strategies

4. Heavy Duty Trucks Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

4.1. Supply Chain Impact from Tariff War & Trade Protectionism

5. Global Heavy Duty Trucks Growth Analysis And Strategic Analysis Framework

5.1. Global Heavy Duty Trucks PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Heavy Duty Trucks Market Growth Rate Analysis

5.4. Global Heavy Duty Trucks Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Heavy Duty Trucks Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Heavy Duty Trucks Total Addressable Market (TAM)

6. Heavy Duty Trucks Market Segmentation

6.1. Global Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Rigid

Articulated

6.2. Global Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

IC Engine

Electric

Fuel Cell Electric Vehicle (FCEV)

6.3. Global Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Construction And Mining

Freight And logistics

6.4. Global Heavy Duty Trucks Market, Sub-Segmentation Of Rigid Trucks, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Straight Trucks

Box Trucks

Flatbed Trucks

Dump Trucks

Garbage Trucks

6.5. Global Heavy Duty Trucks Market, Sub-Segmentation Of Articulated Trucks, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Tractor-Trailer Combinations

Truck And Trailer Units

Semi-Trailer Trucks

Tanker Trucks

Car Carrier Trucks

7. Heavy Duty Trucks Market Regional And Country Analysis

7.1. Global Heavy Duty Trucks Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Heavy Duty Trucks Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Heavy Duty Trucks Market

8.1. Asia-Pacific Heavy Duty Trucks Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Heavy Duty Trucks Market

9.1. China Heavy Duty Trucks Market Overview

9.2. China Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Heavy Duty Trucks Market

10.1. India Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Heavy Duty Trucks Market

11.1. Japan Heavy Duty Trucks Market Overview

11.2. Japan Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Heavy Duty Trucks Market

12.1. Australia Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Heavy Duty Trucks Market

13.1. Indonesia Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Heavy Duty Trucks Market

14.1. South Korea Heavy Duty Trucks Market Overview

14.2. South Korea Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Heavy Duty Trucks Market

15.1. Western Europe Heavy Duty Trucks Market Overview

15.2. Western Europe Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Heavy Duty Trucks Market

16.1. UK Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Heavy Duty Trucks Market

17.1. Germany Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Heavy Duty Trucks Market

18.1. France Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Heavy Duty Trucks Market

19.1. Italy Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Heavy Duty Trucks Market

20.1. Spain Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Heavy Duty Trucks Market

21.1. Eastern Europe Heavy Duty Trucks Market Overview

21.2. Eastern Europe Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Heavy Duty Trucks Market

22.1. Russia Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Heavy Duty Trucks Market

23.1. North America Heavy Duty Trucks Market Overview

23.2. North America Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Heavy Duty Trucks Market

24.1. USA Heavy Duty Trucks Market Overview

24.2. USA Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Heavy Duty Trucks Market

25.1. Canada Heavy Duty Trucks Market Overview

25.2. Canada Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Heavy Duty Trucks Market

26.1. South America Heavy Duty Trucks Market Overview

26.2. South America Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Heavy Duty Trucks Market

27.1. Brazil Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Heavy Duty Trucks Market

28.1. Middle East Heavy Duty Trucks Market Overview

28.2. Middle East Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Heavy Duty Trucks Market

29.1. Africa Heavy Duty Trucks Market Overview

29.2. Africa Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Heavy Duty Trucks Market Competitive Landscape And Company Profiles

30.1. Heavy Duty Trucks Market Competitive Landscape

30.2. Heavy Duty Trucks Market Company Profiles

30.2.1. Toyota Motor Corporation Overview, Products and Services, Strategy and Financial Analysis

30.2.2. Fiat Chrysler Automobile Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Mercedes-Benz Group Overview, Products and Services, Strategy and Financial Analysis

30.2.4. Ford Motor Company Overview, Products and Services, Strategy and Financial Analysis

30.2.5. General Motors Overview, Products and Services, Strategy and Financial Analysis

31. Heavy Duty Trucks Market Other Major And Innovative Companies

31.1. Nissan Motor Co., Ltd.

31.2. Volvo AB

31.3. Traton Group

31.4. Tata Motors Limited

31.5. Paccar Inc.

31.6. Peterbilt

31.7. Scania AB

31.8. Mahindra & Mahindra Limited

31.9. Isuzu Motors Limited

31.10. Dongfeng Motor Group

31.11. MAN.SE

31.12. Hino Motors Ltd.

31.13. Oshkosh Corporation

31.14. Mitsubishi Fuso Truck and Bus Corporation

31.15. Eicher Motors Ltd.

32. Global Heavy Duty Trucks Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Heavy Duty Trucks Market

34. Recent Developments In The Heavy Duty Trucks Market

35. Heavy Duty Trucks Market High Potential Countries, Segments and Strategies

35.1 Heavy Duty Trucks Market In 2029 - Countries Offering Most New Opportunities

35.2 Heavy Duty Trucks Market In 2029 - Segments Offering Most New Opportunities

35.3 Heavy Duty Trucks Market In 2029 - 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

List Of Tables

Table 1: Global Historic Market Growth, 2019-2024, $ Billion

Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Table 3: Global Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 4: Global Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 5: Global Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 6: Global Heavy Duty Trucks Market, Sub-Segmentation Of Rigid Trucks, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 7: Global Heavy Duty Trucks Market, Sub-Segmentation Of Articulated Trucks, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 8: Global Heavy Duty Trucks Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 9: Global Heavy Duty Trucks Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 10: Asia-Pacific, Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 11: Asia-Pacific, Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 12: Asia-Pacific, Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 13: China, Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 14: China, Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 15: China, Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 16: India, Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 17: India, Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 18: India, Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 19: Japan, Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 20: Japan, Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 21: Japan, Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 22: Australia, Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 23: Australia, Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 24: Australia, Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 25: Indonesia, Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 26: Indonesia, Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 27: Indonesia, Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 28: South Korea, Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 29: South Korea, Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 30: South Korea, Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 31: Western Europe, Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 32: Western Europe, Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 33: Western Europe, Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 34: UK, Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 35: UK, Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 36: UK, Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 37: Germany, Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 38: Germany, Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 39: Germany, Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 40: France, Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 41: France, Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 42: France, Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 43: Italy, Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 44: Italy, Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 45: Italy, Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 46: Spain, Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 47: Spain, Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 48: Spain, Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 49: Eastern Europe, Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 50: Eastern Europe, Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 51: Eastern Europe, Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 52: Russia, Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 53: Russia, Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 54: Russia, Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 55: North America, Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 56: North America, Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 57: North America, Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 58: USA, Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 59: USA, Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 60: USA, Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 61: Canada, Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 62: Canada, Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 63: Canada, Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 64: South America, Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 65: South America, Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 66: South America, Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 67: Brazil, Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 68: Brazil, Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 69: Brazil, Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 70: Middle East, Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 71: Middle East, Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 72: Middle East, Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 73: Africa, Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 74: Africa, Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 75: Africa, Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 76: Toyota Motor Corporation Financial Performance

Table 77: Fiat Chrysler Automobile Financial Performance

Table 78: Mercedes-Benz Group Financial Performance

Table 79: Ford Motor Company Financial Performance

Table 80: General Motors Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2019-2024, $ Billion

Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Figure 3: Global Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 4: Global Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 5: Global Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 6: Global Heavy Duty Trucks Market, Sub-Segmentation Of Rigid Trucks, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 7: Global Heavy Duty Trucks Market, Sub-Segmentation Of Articulated Trucks, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 8: Global Heavy Duty Trucks Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 9: Global Heavy Duty Trucks Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 10: Asia-Pacific, Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 11: Asia-Pacific, Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 12: Asia-Pacific, Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 13: China, Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 14: China, Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 15: China, Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 16: India, Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 17: India, Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 18: India, Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 19: Japan, Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 20: Japan, Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 21: Japan, Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 22: Australia, Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 23: Australia, Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 24: Australia, Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 25: Indonesia, Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 26: Indonesia, Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 27: Indonesia, Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 28: South Korea, Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 29: South Korea, Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 30: South Korea, Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 31: Western Europe, Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 32: Western Europe, Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 33: Western Europe, Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 34: UK, Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 35: UK, Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 36: UK, Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 37: Germany, Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 38: Germany, Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 39: Germany, Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 40: France, Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 41: France, Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 42: France, Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 43: Italy, Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 44: Italy, Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 45: Italy, Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 46: Spain, Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 47: Spain, Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 48: Spain, Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 49: Eastern Europe, Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 50: Eastern Europe, Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 51: Eastern Europe, Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 52: Russia, Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 53: Russia, Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 54: Russia, Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 55: North America, Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 56: North America, Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 57: North America, Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 58: USA, Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 59: USA, Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 60: USA, Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 61: Canada, Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 62: Canada, Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 63: Canada, Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 64: South America, Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 65: South America, Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 66: South America, Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 67: Brazil, Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 68: Brazil, Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 69: Brazil, Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 70: Middle East, Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 71: Middle East, Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 72: Middle East, Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 73: Africa, Heavy Duty Trucks Market, Segmentation By Truck Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 74: Africa, Heavy Duty Trucks Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 75: Africa, Heavy Duty Trucks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 76: Toyota Motor Corporation Financial Performance

Figure 77: Fiat Chrysler Automobile Financial Performance

Figure 78: Mercedes-Benz Group Financial Performance

Figure 79: Ford Motor Company Financial Performance

Figure 80: General Motors Financial Performance

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Frequently Asked Questions

What is the definition of the Heavy Duty Trucks market?

How will the Heavy Duty Trucks market drivers and restraints affect the market dynamics? What forces will shape the Heavy Duty Trucks industry going forward?

The market major growth driver - Heavy-Duty Trucks Market Thrives On Surge In Infrastructure Development And Construction Activities. For further insights on this market, request a sample here

What is the forecast market size or the forecast market value of the Heavy Duty Trucks market?

The heavy duty trucks market size has grown steadily in recent years. It will grow from $229.16 billion in 2024 to $240.35 billion in 2025 at a compound annual growth rate (CAGR) of 4.9%. The growth in the historic period can be attributed to growing industrial operations, increasing freight demand, rising pollution standards, advancements in vehicle safety, end-user demand. The heavy duty trucks market size is expected to see steady growth in the next few years. It will grow to $278.03 billion in 2029 at a compound annual growth rate (CAGR) of 3.7%. The growth in the forecast period can be attributed to growing demand for powerful vehicles, intensifying product demand in specific sectors, expansion of domestic and foreign trade, stringent emission regulations, rise in purchasing power. Major trends in the forecast period include electrification surge, telematics and connectivity, weight reduction technologies, last-mile delivery solutions, predictive maintenance. For further insights on this market, request a sample here

How is the Heavy Duty Trucks market segmented?

The heavy duty trucksmarket covered in this report is segmented –
1) By Truck Type: Rigid, Articulated
2) By Propulsion: IC Engine, Electric, FCEV
3) By Application: Construction And Mining, Freight And logistics Subsegments:
1) By Rigid Trucks: Straight Trucks, Box Trucks, Flatbed Trucks, Dump Trucks, Garbage Trucks
2) By Articulated Trucks: Tractor-Trailer Combinations, Truck And Trailer Units, Semi-Trailer Trucks, Tanker Trucks, Car Carrier Trucks For further insights on this market, request a sample here

Which region has the largest share of the Heavy Duty Trucks market? What are the other regions covered in the report?

North America was the largest region in the heavy duty trucks market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the heavy duty trucks market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on this market, request a sample here.

Who are the major players in the Heavy Duty Trucks market?

What are the key trends in the Heavy Duty Trucks market?

Major trends in this market include Increasing Focus On Hydrogen-Powered Heavy-Duty Trucks Leveraging Cutting-Edge Technologies. For further insights on this market, request a sample here.

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Heavy Duty Trucks Global Market Report 2025

By Truck Type (Rigid, Articulated), By Propulsion (IC Engine, Electric, FCEV), By Application (Construction And Mining, Freight And logistics) – Impact of Tariff and Trade War on Market Size, Growth, Trends, and Forecast 2025–2034

Heavy Duty Trucks Market Overview

What Is Covered Under Heavy Duty Trucks Market?

What Is The Heavy Duty Trucks Market Size 2025 And Growth Rate?

What Is The Heavy Duty Trucks Market Growth Forecast?

What’s The Trade War Impact On Transport Industry?

How Is The Heavy Duty Trucks Market Segmented?

What Is Driving The Heavy Duty Trucks Market? Heavy-Duty Trucks Market Thrives On Surge In Infrastructure Development And Construction Activities

Who Are The Major Players In The Global Heavy Duty Trucks Market?

What Are The Key Trends Of The Global Heavy Duty Trucks Market? Increasing Focus On Hydrogen-Powered Heavy-Duty Trucks Leveraging Cutting-Edge Technologies

What Are Latest Mergers And Acquisitions In The Heavy Duty Trucks Market? Alamo Group Expands Portfolio With Acquisition Of Royal Truck & Equipment

What Is The Regional Outlook For The Global Heavy Duty Trucks Market?

What Defines the Heavy Duty Trucks Market?

How is Market Value Defined and Measured?

What is the Market Assessment and Strategic Outlook for the Heavy Duty Trucks Industry?

Heavy Duty Trucks Market Report Forecast Analysis

Table Of Contents

List Of Tables

List Of Figures

Frequently Asked Questions