Medium Commercial Vehicles Market Size, Share & Industry Analysis, By Powertrain (ICE, BEV, HEV/PHEV, LPG & Others, and Fuel Cell), By Class (Class 3, Class 4, Class 5, and Class 6), By Type (Tractor Units and Rigid Trucks), By Application (Transportation, Construction, Mining, and Agriculture), and Regional Forecast, 2024 – 2032

ATTRIBUTE

DETAILS

Study Period

2019-2032

Base Year

2023

Estimated Year

2024

Forecast Period

2024-2032

Historical Period

2019-2022

Growth Rate

CAGR of 3.3% from 2024 to 2032

Unit

Value (USD Billion)

Segmentation

By Powertrain

• ICE
• BEV
• HEV/PHEV
• LPG & Others
• Fuel Cell

By Class

• Class 3
• Class 4
• Class 5
• Class 6

By Type

• Tractor Units
  • 4x2 Axle
  • 4x4 Axle
• Rigid Trucks
  • Curtain-side Truck
  • Box Truck
  • Refrigerated Truck
  • Tipper Truck
  • Tanker Truck
  • Flatbed Truck

By Application

• Transportation
• Construction
• Mining
• Agriculture

By Region

• North America (By Powertrain, Class, Type, and Application)
  • U.S. (By Powertrain, Class, and Application)
  • Canada (By Powertrain, Class, and Application)
  • Mexico (By Powertrain, Class, and Application)
• Europe (By Powertrain, Class, Type, and Application)
  • Germany (By Powertrain, Class, and Application)
  • France (By Powertrain, Class, and Application)
  • U.K. (By Powertrain, Class, and Application)
  • Russia (By Powertrain, Class, and Application)
  • Italy (By Powertrain, Class, and Application)
  • Switzerland (By Powertrain, Class, and Application)
  • Rest of Europe (By Powertrain, Class, and Application)
• Asia Pacific (By Powertrain, Class, Type, and Application)
  • China (By Powertrain, Class, and Application)
  • Japan (By Powertrain, Class, and Application)
  • India (By Powertrain, Class, and Application)
  • South Korea (By Powertrain, Class, and Application)
  • Vietnam (By Powertrain, Class, and Application)
  • Philippines (By Powertrain, Class, and Application)
  • Australia (By Powertrain, Class, and Application)
  • Indonesia (By Powertrain, Class, and Application)
  • Rest of Asia Pacific (By Powertrain, Class, and Application)
• South America (By Powertrain, Class, Type, and Application)
  • Chile (By Powertrain, Class, and Application)
  • Brazil (By Powertrain, Class, and Application)
  • Argentina (By Powertrain, Class, and Application)
  • Peru (By Powertrain, Class, and Application)
  • Rest of South America (By Powertrain, Class, and Application)
• Middle East & Africa (By Powertrain, Class, Type, and Application)
  • Egypt (By Powertrain, Class, and Application)
  • Turkey (By Powertrain, Class, and Application)
  • Saudi Arabia (By Powertrain, Class, and Application)
  • South Africa (By Powertrain, Class, and Application)
  • Rest of the Middle East & Africa (By Powertrain, Class, and Application)