A commercial vehicle is any type of motor vehicle used for transporting goods or paying passengers.
This report contains market size and forecasts of Commercial Vehicle in global, including the following market information:
- Global Commercial Vehicle Market Revenue, 2017-2022, 2023-2028, ($ millions)
- Global Commercial Vehicle Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Commercial Vehicle companies in 2021 (%)
The global Commercial Vehicle market was valued at 1299340 million in 2021 and is projected to reach US$ 1890590 million by 2028, at a CAGR of 5.5% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Light Commercial Vehicles Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Commercial Vehicle include Tata Motors, Volkswagen, Ashok Leyland, Volvo and Motors, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Commercial Vehicle 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 Commercial Vehicle Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Commercial Vehicle Market Segment Percentages, by Type, 2021 (%)
- Light Commercial Vehicles
- Heavy Trucks
- Buses
- Coaches
Global Commercial Vehicle Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Commercial Vehicle Market Segment Percentages, by Application, 2021 (%)
- Industrial
- Mining & Construction
- Logistics
- Passenger Transportation
- Others
Global Commercial Vehicle Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Commercial Vehicle 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 Commercial Vehicle revenues in global market, 2017-2022 (Estimated), ($ millions)
- Key companies Commercial Vehicle revenues share in global market, 2021 (%)
- Key companies Commercial Vehicle sales in global market, 2017-2022 (Estimated), (K Units)
- Key companies Commercial Vehicle sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Tata Motors
- Volkswagen
- Ashok Leyland
- Volvo
- Motors
