Heavy Truck & Tractor is the largest trucks allowed on the road, it is mostly used for long-haul purposes. The heavy duty truck is an important component of the trucks; it mainly includes the complete vehicle, incomplete vehicle semitrailer.
This report contains market size and forecasts of Heavy Truck & Tractor in global, including the following market information:
Global Heavy Truck & Tractor Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Heavy Truck & Tractor Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Heavy Truck & Tractor companies in 2021 (%)
The global Heavy Truck & Tractor market was valued at 402480 million in 2021 and is projected to reach US$ 503930 million by 2028, at a CAGR of 3.3% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Sleeper Cab Type Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Heavy Truck & Tractor include Volvo Trucks, Daimler, MAN, SCANIA, DAF, Kamaz, IVECO, Isuzu Motors and Tata Motors, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Heavy Truck & Tractor manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Heavy Truck & Tractor Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Heavy Truck & Tractor Market Segment Percentages, by Type, 2021 (%)
Sleeper Cab Type
Day Cab Type
Global Heavy Truck & Tractor Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Heavy Truck & Tractor Market Segment Percentages, by Application, 2021 (%)
Agriculture
Mining
Construction
Logistics
Other
Global Heavy Truck & Tractor Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Heavy Truck & Tractor Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Heavy Truck & Tractor revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Heavy Truck & Tractor revenues share in global market, 2021 (%)
Key companies Heavy Truck & Tractor sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Heavy Truck & Tractor sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Volvo Trucks
Daimler
MAN
SCANIA
DAF
Kamaz
IVECO
Isuzu Motors
Tata Motors
FAW Group
China National Heavy Duty Truck Group Co. Ltd
Dongfeng Motor
Toyota Motor Corporation
Navistar International Corporation