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Global Commercial Vehicles Market Growth 2024-2030

Global Commercial Vehicles Market Growth 2024-2030

2024

Global Commercial Vehicles Market Growth 2024-2030

The Commercial Vehicles market was valued at USD 9.03 Billion in 2023, with a growing trend due to the increasing demand for transportation and logistics services and the need for

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Introduction
A commercial vehicle is used for commercial or business purposes. Commercial motor vehicles (CMV) may transport goods or paying passengers. A commercial vehicle is often designated "commercial" when it is titled or registered to a company. This may include company cars, fleet vehicles, or other vehicles used for business purposes.

Market Insights
According to the Publishers’ latest study, the global Commercial Vehicles market size was valued at US$ 902690 million in 2023. With growing demand in downstream market, the Commercial Vehicles is forecast to a readjusted size of US$ 997840 million by 2030 with a CAGR of 1.4% during review period.

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Global core commercial vehicles manufacturers include FootJoy, Toyota, Ford etc.The top 5 companies hold a share about 30%.North America is the largest market, with a share about 32%, followed by Europe and China with the share about 30% and 18%.In terms of product, light commercial vehicle is the largest segment, with a share over 68%. And in terms of application, the largest application is transportation and logistics, followed by construction.

Key Features:

The report on Commercial Vehicles market reflects various aspects and provide valuable insights into the industry.
Trends:
Shift towards Fuel-Efficient and Eco-Friendly Vehicles: The commercial vehicles market is witnessing a growing trend towards the adoption of alternative fuel technologies, such as electric, hybrid, and hydrogen-powered vehicles, driven by the need for improved fuel efficiency and reduced environmental impact.
Automation and Connectivity: The commercial vehicles industry is embracing advanced technologies, including autonomous driving features, vehicle-to-vehicle (V2V) communication, and connected fleet management systems, to enhance safety, efficiency, and productivity.
Emphasis on Total Cost of Ownership (TCO): Commercial vehicle buyers are placing greater emphasis on the TCO, considering factors such as fuel efficiency, maintenance costs, and residual values, in addition to the upfront purchase price.
Diversification of Vehicle Segments: The commercial vehicles market is diversifying, with the emergence of specialized vehicles catered to niche applications, such as last-mile delivery, urban logistics, and construction.
Drivers:
Growing E-commerce and Last-Mile Delivery Demands: The rapid growth of e-commerce and the increasing demand for efficient last-mile delivery are driving the need for commercial vehicles that can navigate urban environments and support efficient logistics.
Infrastructure Development and Construction Activities: Investments in infrastructure projects, such as roads, bridges, and buildings, are fuelling the demand for commercial vehicles, particularly in the construction and heavy-duty segments.
Emphasis on Fleet Optimization and Operational Efficiency: Businesses are increasingly focusing on optimizing their commercial vehicle fleets to reduce operating costs, improve productivity, and enhance overall operational efficiency.
Technological Advancements and Declining Ownership Costs: Advancements in electric and alternative fuel technologies, as well as the declining costs of these solutions, are making them more accessible and attractive for commercial vehicle buyers.
Opportunities:
Electrification and Alternative Fuel Vehicles: The growing demand for eco-friendly commercial vehicles presents significant opportunities for manufacturers to develop and market electric, hybrid, and hydrogen-powered solutions.
Autonomous and Connected Vehicle Technologies: The development and implementation of autonomous driving features and connected vehicle technologies can enhance safety, efficiency, and productivity for commercial vehicle fleets.
Expansion in Emerging Markets: The growing urbanization and infrastructure development in emerging markets, such as Asia-Pacific and Latin America, offer untapped opportunities for commercial vehicle manufacturers to expand their global footprint.
Threats:
Supply Chain Disruptions and Chip Shortages: Global supply chain challenges, including semiconductor chip shortages, can disrupt the production and distribution of commercial vehicles, affecting the overall market dynamics.
Regulatory Uncertainties and Changing Emissions Standards: Evolving regulations and emissions standards, particularly in different regions, can create compliance challenges for commercial vehicle manufacturers and impact their product development strategies.
Economic Uncertainties and Fluctuating Fuel Prices: Macroeconomic factors, such as economic downturns, trade tensions, and volatile fuel prices, can influence the demand for commercial vehicles and affect the overall market growth.
Competition from Non-traditional Entrants: The entry of technology companies and start-ups into the commercial vehicles market can disrupt the industry and intensify competition, particularly in the areas of electric and autonomous vehicles.
Resistance to Adoption of New Technologies: Some commercial vehicle buyers may be hesitant to adopt emerging technologies, such as electric and autonomous features, due to concerns about cost, performance, and infrastructure availability.

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Manmayi Raval

Manmayi Raval

Research Consultant



Market Size and Growth: The research report provides an overview of the current size and growth of the Commercial Vehicles market. It may include historical data, market segmentation by Type (e.g., Light Commercial Vehicle, Medium Duty/Heavy Duty Vehicle), and regional breakdowns.

Competitive Landscape: The research report provides analysis of the competitive landscape within the Commercial Vehicles market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.

Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Commercial Vehicles market. It includes factors influencing customer ' purchasing decisions, preferences for Commercial Vehicles product.

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Manmayi Raval


Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Commercial Vehicles market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Commercial Vehicles market. The report also evaluates the effectiveness of these policies in driving market growth.

Market Forecasts and Future Outlook: The global commercial vehicles market is poised for steady growth, driven by the increasing demand for efficient and sustainable transportation solutions to support the growth of e-commerce, infrastructure development, and logistics operations.
The adoption of electric, hybrid, and alternative fuel commercial vehicles is expected to accelerate, as governments and businesses prioritize environmental sustainability and lower operating costs.

Recommendations:
Invest in Autonomous and Connected Vehicle Technologies: Manufacturers should invest in the research and development of autonomous driving features and connected vehicle technologies to enhance the safety, efficiency, and productivity of commercial vehicle fleets.
Embrace Servitization and Subscription-based Models: Commercial vehicle manufacturers should explore and implement servitization and subscription-based ownership models to diversify their revenue streams and strengthen customer relationships.

Market Segmentation:

Commercial Vehicles market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Segmentation by type

Light Commercial Vehicle

Medium Duty/Heavy Duty Vehicle

Buses & Coaches

Segmentation by application

Transportation and Logistics

Construction

Public Transit

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

GM

Toyota

Ford

Daimler

Volvo

Stellantis

PACCAR

Faw Jiefang Group

Man Truck & bus

Scania

Iveco

Sinotruck

Shaanxi Heavy Duty Automobile

Isuzu Motors

Navistar

Tata Motors

Yutong

BYD

Table of Contents

  • 1 Scope of the Report
  • 1.1 Market Introduction
  • 1.2 Years Considered
  • 1.3 Research Objectives
  • 1.4 Market Research Methodology
  • 1.5 Research Process and Data Source
  • 1.6 Economic Indicators
  • 1.7 Currency Considered
  • 1.8 Market Estimation Caveats
  • 2 Executive Summary
  • 2.1 World Market Overview
  • 2.1.1 Global Commercial Vehicles Annual Sales 2019-2030
  • 2.1.2 World Current & Future Analysis for Commercial Vehicles by Geographic Region, 2019, 2023 & 2030
  • 2.1.3 World Current & Future Analysis for Commercial Vehicles by Country/Region, 2019, 2023 & 2030
  • 2.2 Commercial Vehicles Segment by Type
  • 2.2.1 Light Commercial Vehicle
  • 2.2.2 Medium Duty/Heavy Duty Vehicle
  • 2.2.3 Buses & Coaches
  • 2.3 Commercial Vehicles Sales by Type
  • 2.3.1 Global Commercial Vehicles Sales Market Share by Type (2019-2024)
  • 2.3.2 Global Commercial Vehicles Revenue and Market Share by Type (2019-2024)
  • 2.3.3 Global Commercial Vehicles Sale Price by Type (2019-2024)
  • 2.4 Commercial Vehicles Segment by Application
  • 2.4.1 Transportation and Logistics
  • 2.4.2 Construction
  • 2.4.3 Public Transit
  • 2.4.4 Others
  • 2.5 Commercial Vehicles Sales by Application
  • 2.5.1 Global Commercial Vehicles Sale Market Share by Application (2019-2024)
  • 2.5.2 Global Commercial Vehicles Revenue and Market Share by Application (2019-2024)
  • 2.5.3 Global Commercial Vehicles Sale Price by Application (2019-2024)
  • 3 Global Commercial Vehicles by Company
  • 3.1 Global Commercial Vehicles Breakdown Data by Company
  • 3.1.1 Global Commercial Vehicles Annual Sales by Company (2019-2024)
  • 3.1.2 Global Commercial Vehicles Sales Market Share by Company (2019-2024)
  • 3.2 Global Commercial Vehicles Annual Revenue by Company (2019-2024)
  • 3.2.1 Global Commercial Vehicles Revenue by Company (2019-2024)
  • 3.2.2 Global Commercial Vehicles Revenue Market Share by Company (2019-2024)
  • 3.3 Global Commercial Vehicles Sale Price by Company
  • 3.4 Key Manufacturers Commercial Vehicles Producing Area Distribution, Sales Area, Product Type
  • 3.4.1 Key Manufacturers Commercial Vehicles Product Location Distribution
  • 3.4.2 Players Commercial Vehicles Products Offered
  • 3.5 Market Concentration Rate Analysis
  • 3.5.1 Competition Landscape Analysis
  • 3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
  • 3.6 New Products and Potential Entrants
  • 3.7 Mergers & Acquisitions, Expansion
  • 4 World Historic Review for Commercial Vehicles by Geographic Region
  • 4.1 World Historic Commercial Vehicles Market Size by Geographic Region (2019-2024)
  • 4.1.1 Global Commercial Vehicles Annual Sales by Geographic Region (2019-2024)
  • 4.1.2 Global Commercial Vehicles Annual Revenue by Geographic Region (2019-2024)
  • 4.2 World Historic Commercial Vehicles Market Size by Country/Region (2019-2024)
  • 4.2.1 Global Commercial Vehicles Annual Sales by Country/Region (2019-2024)
  • 4.2.2 Global Commercial Vehicles Annual Revenue by Country/Region (2019-2024)
  • 4.3 Americas Commercial Vehicles Sales Growth
  • 4.4 APAC Commercial Vehicles Sales Growth
  • 4.5 Europe Commercial Vehicles Sales Growth
  • 4.6 Middle East & Africa Commercial Vehicles Sales Growth
  • 5 Americas
  • 5.1 Americas Commercial Vehicles Sales by Country
  • 5.1.1 Americas Commercial Vehicles Sales by Country (2019-2024)
  • 5.1.2 Americas Commercial Vehicles Revenue by Country (2019-2024)
  • 5.2 Americas Commercial Vehicles Sales by Type
  • 5.3 Americas Commercial Vehicles Sales by Application
  • 5.4 United States
  • 5.5 Canada
  • 5.6 Mexico
  • 5.7 Brazil
  • 6 APAC
  • 6.1 APAC Commercial Vehicles Sales by Region
  • 6.1.1 APAC Commercial Vehicles Sales by Region (2019-2024)
  • 6.1.2 APAC Commercial Vehicles Revenue by Region (2019-2024)
  • 6.2 APAC Commercial Vehicles Sales by Type
  • 6.3 APAC Commercial Vehicles Sales by Application
  • 6.4 China
  • 6.5 Japan
  • 6.6 South Korea
  • 6.7 Southeast Asia
  • 6.8 India
  • 6.9 Australia
  • 6.10 China Taiwan
  • 7 Europe
  • 7.1 Europe Commercial Vehicles by Country
  • 7.1.1 Europe Commercial Vehicles Sales by Country (2019-2024)
  • 7.1.2 Europe Commercial Vehicles Revenue by Country (2019-2024)
  • 7.2 Europe Commercial Vehicles Sales by Type
  • 7.3 Europe Commercial Vehicles Sales by Application
  • 7.4 Germany
  • 7.5 France
  • 7.6 UK
  • 7.7 Italy
  • 7.8 Russia
  • 8 Middle East & Africa
  • 8.1 Middle East & Africa Commercial Vehicles by Country
  • 8.1.1 Middle East & Africa Commercial Vehicles Sales by Country (2019-2024)
  • 8.1.2 Middle East & Africa Commercial Vehicles Revenue by Country (2019-2024)
  • 8.2 Middle East & Africa Commercial Vehicles Sales by Type
  • 8.3 Middle East & Africa Commercial Vehicles Sales by Application
  • 8.4 Egypt
  • 8.5 South Africa
  • 8.6 Israel
  • 8.7 Turkey
  • 8.8 GCC Countries
  • 9 Market Drivers, Challenges and Trends
  • 9.1 Market Drivers & Growth Opportunities
  • 9.2 Market Challenges & Risks
  • 9.3 Industry Trends
  • 10 Manufacturing Cost Structure Analysis
  • 10.1 Raw Material and Suppliers
  • 10.2 Manufacturing Cost Structure Analysis of Commercial Vehicles
  • 10.3 Manufacturing Process Analysis of Commercial Vehicles
  • 10.4 Industry Chain Structure of Commercial Vehicles
  • 11 Marketing, Distributors and Customer
  • 11.1 Sales Channel
  • 11.1.1 Direct Channels
  • 11.1.2 Indirect Channels
  • 11.2 Commercial Vehicles Distributors
  • 11.3 Commercial Vehicles Customer
  • 12 World Forecast Review for Commercial Vehicles by Geographic Region
  • 12.1 Global Commercial Vehicles Market Size Forecast by Region
  • 12.1.1 Global Commercial Vehicles Forecast by Region (2025-2030)
  • 12.1.2 Global Commercial Vehicles Annual Revenue Forecast by Region (2025-2030)
  • 12.2 Americas Forecast by Country
  • 12.3 APAC Forecast by Region
  • 12.4 Europe Forecast by Country
  • 12.5 Middle East & Africa Forecast by Country
  • 12.6 Global Commercial Vehicles Forecast by Type
  • 12.7 Global Commercial Vehicles Forecast by Application
  • 13 Key Players Analysis
  • 13.1 GM
  • 13.1.1 GM Company Information
  • 13.1.2 GM Commercial Vehicles Product Portfolios and Specifications
  • 13.1.3 GM Commercial Vehicles Sales, Revenue, Price and Gross Margin (2019-2024)
  • 13.1.4 GM Main Business Overview
  • 13.1.5 GM Latest Developments
  • 13.2 Toyota
  • 13.2.1 Toyota Company Information
  • 13.2.2 Toyota Commercial Vehicles Product Portfolios and Specifications
  • 13.2.3 Toyota Commercial Vehicles Sales, Revenue, Price and Gross Margin (2019-2024)
  • 13.2.4 Toyota Main Business Overview
  • 13.2.5 Toyota Latest Developments
  • 13.3 Ford
  • 13.3.1 Ford Company Information
  • 13.3.2 Ford Commercial Vehicles Product Portfolios and Specifications
  • 13.3.3 Ford Commercial Vehicles Sales, Revenue, Price and Gross Margin (2019-2024)
  • 13.3.4 Ford Main Business Overview
  • 13.3.5 Ford Latest Developments
  • 13.4 Daimler
  • 13.4.1 Daimler Company Information
  • 13.4.2 Daimler Commercial Vehicles Product Portfolios and Specifications
  • 13.4.3 Daimler Commercial Vehicles Sales, Revenue, Price and Gross Margin (2019-2024)
  • 13.4.4 Daimler Main Business Overview
  • 13.4.5 Daimler Latest Developments
  • 13.5 Volvo
  • 13.5.1 Volvo Company Information
  • 13.5.2 Volvo Commercial Vehicles Product Portfolios and Specifications
  • 13.5.3 Volvo Commercial Vehicles Sales, Revenue, Price and Gross Margin (2019-2024)
  • 13.5.4 Volvo Main Business Overview
  • 13.5.5 Volvo Latest Developments
  • 13.6 Stellantis
  • 13.6.1 Stellantis Company Information
  • 13.6.2 Stellantis Commercial Vehicles Product Portfolios and Specifications
  • 13.6.3 Stellantis Commercial Vehicles Sales, Revenue, Price and Gross Margin (2019-2024)
  • 13.6.4 Stellantis Main Business Overview
  • 13.6.5 Stellantis Latest Developments
  • 13.7 PACCAR
  • 13.7.1 PACCAR Company Information
  • 13.7.2 PACCAR Commercial Vehicles Product Portfolios and Specifications
  • 13.7.3 PACCAR Commercial Vehicles Sales, Revenue, Price and Gross Margin (2019-2024)
  • 13.7.4 PACCAR Main Business Overview
  • 13.7.5 PACCAR Latest Developments
  • 13.8 Faw Jiefang Group
  • 13.8.1 Faw Jiefang Group Company Information
  • 13.8.2 Faw Jiefang Group Commercial Vehicles Product Portfolios and Specifications
  • 13.8.3 Faw Jiefang Group Commercial Vehicles Sales, Revenue, Price and Gross Margin (2019-2024)
  • 13.8.4 Faw Jiefang Group Main Business Overview
  • 13.8.5 Faw Jiefang Group Latest Developments
  • 13.9 Man Truck & bus
  • 13.9.1 Man Truck & bus Company Information
  • 13.9.2 Man Truck & bus Commercial Vehicles Product Portfolios and Specifications
  • 13.9.3 Man Truck & bus Commercial Vehicles Sales, Revenue, Price and Gross Margin (2019-2024)
  • 13.9.4 Man Truck & bus Main Business Overview
  • 13.9.5 Man Truck & bus Latest Developments
  • 13.10 Scania
  • 13.10.1 Scania Company Information
  • 13.10.2 Scania Commercial Vehicles Product Portfolios and Specifications
  • 13.10.3 Scania Commercial Vehicles Sales, Revenue, Price and Gross Margin (2019-2024)
  • 13.10.4 Scania Main Business Overview
  • 13.10.5 Scania Latest Developments
  • 13.11 Iveco
  • 13.11.1 Iveco Company Information
  • 13.11.2 Iveco Commercial Vehicles Product Portfolios and Specifications
  • 13.11.3 Iveco Commercial Vehicles Sales, Revenue, Price and Gross Margin (2019-2024)
  • 13.11.4 Iveco Main Business Overview
  • 13.11.5 Iveco Latest Developments
  • 13.12 Sinotruck
  • 13.12.1 Sinotruck Company Information
  • 13.12.2 Sinotruck Commercial Vehicles Product Portfolios and Specifications
  • 13.12.3 Sinotruck Commercial Vehicles Sales, Revenue, Price and Gross Margin (2019-2024)
  • 13.12.4 Sinotruck Main Business Overview
  • 13.12.5 Sinotruck Latest Developments
  • 13.13 Shaanxi Heavy Duty Automobile
  • 13.13.1 Shaanxi Heavy Duty Automobile Company Information
  • 13.13.2 Shaanxi Heavy Duty Automobile Commercial Vehicles Product Portfolios and Specifications
  • 13.13.3 Shaanxi Heavy Duty Automobile Commercial Vehicles Sales, Revenue, Price and Gross Margin (2019-2024)
  • 13.13.4 Shaanxi Heavy Duty Automobile Main Business Overview
  • 13.13.5 Shaanxi Heavy Duty Automobile Latest Developments
  • 13.14 Isuzu Motors
  • 13.14.1 Isuzu Motors Company Information
  • 13.14.2 Isuzu Motors Commercial Vehicles Product Portfolios and Specifications
  • 13.14.3 Isuzu Motors Commercial Vehicles Sales, Revenue, Price and Gross Margin (2019-2024)
  • 13.14.4 Isuzu Motors Main Business Overview
  • 13.14.5 Isuzu Motors Latest Developments
  • 13.15 Navistar
  • 13.15.1 Navistar Company Information
  • 13.15.2 Navistar Commercial Vehicles Product Portfolios and Specifications
  • 13.15.3 Navistar Commercial Vehicles Sales, Revenue, Price and Gross Margin (2019-2024)
  • 13.15.4 Navistar Main Business Overview
  • 13.15.5 Navistar Latest Developments
  • 13.16 Tata Motors
  • 13.16.1 Tata Motors Company Information
  • 13.16.2 Tata Motors Commercial Vehicles Product Portfolios and Specifications
  • 13.16.3 Tata Motors Commercial Vehicles Sales, Revenue, Price and Gross Margin (2019-2024)
  • 13.16.4 Tata Motors Main Business Overview
  • 13.16.5 Tata Motors Latest Developments
  • 13.17 Yutong
  • 13.17.1 Yutong Company Information
  • 13.17.2 Yutong Commercial Vehicles Product Portfolios and Specifications
  • 13.17.3 Yutong Commercial Vehicles Sales, Revenue, Price and Gross Margin (2019-2024)
  • 13.17.4 Yutong Main Business Overview
  • 13.17.5 Yutong Latest Developments
  • 13.18 BYD
  • 13.18.1 BYD Company Information
  • 13.18.2 BYD Commercial Vehicles Product Portfolios and Specifications
  • 13.18.3 BYD Commercial Vehicles Sales, Revenue, Price and Gross Margin (2019-2024)
  • 13.18.4 BYD Main Business Overview
  • 13.18.5 BYD Latest Developments
  • 14 Research Findings and Conclusion

Table 1. Commercial Vehicles Annual Sales CAGR by Geographic Region (2019, 2023 & 2030) & ($ millions) Table 2. Commercial Vehicles Annual Sales CAGR by Country/Region (2019, 2023 & 2030) & ($ millions) Table 3. Major Players of Light Commercial Vehicle Table 4. Major Players of Medium Duty/Heavy Duty Vehicle Table 5. Major Players of Buses & Coaches Table 6. Global Commercial Vehicles Sales by Type (2019-2024) & (Units) Table 7. Global Commercial Vehicles Sales Market Share by Type (2019-2024) Table 8. Global Commercial Vehicles Revenue by Type (2019-2024) & ($ million) Table 9. Global Commercial Vehicles Revenue Market Share by Type (2019-2024) Table 10. Global Commercial Vehicles Sale Price by Type (2019-2024) & (USD/Unit) Table 11. Global Commercial Vehicles Sales by Application (2019-2024) & (Units) Table 12. Global Commercial Vehicles Sales Market Share by Application (2019-2024) Table 13. Global Commercial Vehicles Revenue by Application (2019-2024) Table 14. Global Commercial Vehicles Revenue Market Share by Application (2019-2024) Table 15. Global Commercial Vehicles Sale Price by Application (2019-2024) & (USD/Unit) Table 16. Global Commercial Vehicles Sales by Company (2019-2024) & (Units) Table 17. Global Commercial Vehicles Sales Market Share by Company (2019-2024) Table 18. Global Commercial Vehicles Revenue by Company (2019-2024) ($ Millions) Table 19. Global Commercial Vehicles Revenue Market Share by Company (2019-2024) Table 20. Global Commercial Vehicles Sale Price by Company (2019-2024) & (USD/Unit) Table 21. Key Manufacturers Commercial Vehicles Producing Area Distribution and Sales Area Table 22. Players Commercial Vehicles Products Offered Table 23. Commercial Vehicles Concentration Ratio (CR3, CR5 and CR10) & (2019-2024) Table 24. New Products and Potential Entrants Table 25. Mergers & Acquisitions, Expansion Table 26. Global Commercial Vehicles Sales by Geographic Region (2019-2024) & (Units) Table 27. Global Commercial Vehicles Sales Market Share Geographic Region (2019-2024) Table 28. Global Commercial Vehicles Revenue by Geographic Region (2019-2024) & ($ millions) Table 29. Global Commercial Vehicles Revenue Market Share by Geographic Region (2019-2024) Table 30. Global Commercial Vehicles Sales by Country/Region (2019-2024) & (Units) Table 31. Global Commercial Vehicles Sales Market Share by Country/Region (2019-2024) Table 32. Global Commercial Vehicles Revenue by Country/Region (2019-2024) & ($ millions) Table 33. Global Commercial Vehicles Revenue Market Share by Country/Region (2019-2024) Table 34. Americas Commercial Vehicles Sales by Country (2019-2024) & (Units) Table 35. Americas Commercial Vehicles Sales Market Share by Country (2019-2024) Table 36. Americas Commercial Vehicles Revenue by Country (2019-2024) & ($ Millions) Table 37. Americas Commercial Vehicles Revenue Market Share by Country (2019-2024) Table 38. Americas Commercial Vehicles Sales by Type (2019-2024) & (Units) Table 39. Americas Commercial Vehicles Sales by Application (2019-2024) & (Units) Table 40. APAC Commercial Vehicles Sales by Region (2019-2024) & (Units) Table 41. APAC Commercial Vehicles Sales Market Share by Region (2019-2024) Table 42. APAC Commercial Vehicles Revenue by Region (2019-2024) & ($ Millions) Table 43. APAC Commercial Vehicles Revenue Market Share by Region (2019-2024) Table 44. APAC Commercial Vehicles Sales by Type (2019-2024) & (Units) Table 45. APAC Commercial Vehicles Sales by Application (2019-2024) & (Units) Table 46. Europe Commercial Vehicles Sales by Country (2019-2024) & (Units) Table 47. Europe Commercial Vehicles Sales Market Share by Country (2019-2024) Table 48. Europe Commercial Vehicles Revenue by Country (2019-2024) & ($ Millions) Table 49. Europe Commercial Vehicles Revenue Market Share by Country (2019-2024) Table 50. Europe Commercial Vehicles Sales by Type (2019-2024) & (Units) Table 51. Europe Commercial Vehicles Sales by Application (2019-2024) & (Units) Table 52. Middle East & Africa Commercial Vehicles Sales by Country (2019-2024) & (Units) Table 53. Middle East & Africa Commercial Vehicles Sales Market Share by Country (2019-2024) Table 54. Middle East & Africa Commercial Vehicles Revenue by Country (2019-2024) & ($ Millions) Table 55. Middle East & Africa Commercial Vehicles Revenue Market Share by Country (2019-2024) Table 56. Middle East & Africa Commercial Vehicles Sales by Type (2019-2024) & (Units) Table 57. Middle East & Africa Commercial Vehicles Sales by Application (2019-2024) & (Units) Table 58. Key Market Drivers & Growth Opportunities of Commercial Vehicles Table 59. Key Market Challenges & Risks of Commercial Vehicles Table 60. Key Industry Trends of Commercial Vehicles Table 61. Commercial Vehicles Raw Material Table 62. Key Suppliers of Raw Materials Table 63. Commercial Vehicles Distributors List Table 64. Commercial Vehicles Customer List Table 65. Global Commercial Vehicles Sales Forecast by Region (2025-2030) & (Units) Table 66. Global Commercial Vehicles Revenue Forecast by Region (2025-2030) & ($ millions) Table 67. Americas Commercial Vehicles Sales Forecast by Country (2025-2030) & (Units) Table 68. Americas Commercial Vehicles Revenue Forecast by Country (2025-2030) & ($ millions) Table 69. APAC Commercial Vehicles Sales Forecast by Region (2025-2030) & (Units) Table 70. APAC Commercial Vehicles Revenue Forecast by Region (2025-2030) & ($ millions) Table 71. Europe Commercial Vehicles Sales Forecast by Country (2025-2030) & (Units) Table 72. Europe Commercial Vehicles Revenue Forecast by Country (2025-2030) & ($ millions) Table 73. Middle East & Africa Commercial Vehicles Sales Forecast by Country (2025-2030) & (Units) Table 74. Middle East & Africa Commercial Vehicles Revenue Forecast by Country (2025-2030) & ($ millions) Table 75. Global Commercial Vehicles Sales Forecast by Type (2025-2030) & (Units) Table 76. Global Commercial Vehicles Revenue Forecast by Type (2025-2030) & ($ Millions) Table 77. Global Commercial Vehicles Sales Forecast by Application (2025-2030) & (Units) Table 78. Global Commercial Vehicles Revenue Forecast by Application (2025-2030) & ($ Millions) Table 79. GM Basic Information, Commercial Vehicles Manufacturing Base, Sales Area and Its Competitors Table 80. GM Commercial Vehicles Product Portfolios and Specifications Table 81. GM Commercial Vehicles Sales (Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 82. GM Main Business Table 83. GM Latest Developments Table 84. Toyota Basic Information, Commercial Vehicles Manufacturing Base, Sales Area and Its Competitors Table 85. Toyota Commercial Vehicles Product Portfolios and Specifications Table 86. Toyota Commercial Vehicles Sales (Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 87. Toyota Main Business Table 88. Toyota Latest Developments Table 89. Ford Basic Information, Commercial Vehicles Manufacturing Base, Sales Area and Its Competitors Table 90. Ford Commercial Vehicles Product Portfolios and Specifications Table 91. Ford Commercial Vehicles Sales (Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 92. Ford Main Business Table 93. Ford Latest Developments Table 94. Daimler Basic Information, Commercial Vehicles Manufacturing Base, Sales Area and Its Competitors Table 95. Daimler Commercial Vehicles Product Portfolios and Specifications Table 96. Daimler Commercial Vehicles Sales (Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 97. Daimler Main Business Table 98. Daimler Latest Developments Table 99. Volvo Basic Information, Commercial Vehicles Manufacturing Base, Sales Area and Its Competitors Table 100. Volvo Commercial Vehicles Product Portfolios and Specifications Table 101. Volvo Commercial Vehicles Sales (Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 102. Volvo Main Business Table 103. Volvo Latest Developments Table 104. Stellantis Basic Information, Commercial Vehicles Manufacturing Base, Sales Area and Its Competitors Table 105. Stellantis Commercial Vehicles Product Portfolios and Specifications Table 106. Stellantis Commercial Vehicles Sales (Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 107. Stellantis Main Business Table 108. Stellantis Latest Developments Table 109. PACCAR Basic Information, Commercial Vehicles Manufacturing Base, Sales Area and Its Competitors Table 110. PACCAR Commercial Vehicles Product Portfolios and Specifications Table 111. PACCAR Commercial Vehicles Sales (Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 112. PACCAR Main Business Table 113. PACCAR Latest Developments Table 114. Faw Jiefang Group Basic Information, Commercial Vehicles Manufacturing Base, Sales Area and Its Competitors Table 115. Faw Jiefang Group Commercial Vehicles Product Portfolios and Specifications Table 116. Faw Jiefang Group Commercial Vehicles Sales (Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 117. Faw Jiefang Group Main Business Table 118. Faw Jiefang Group Latest Developments Table 119. Man Truck & bus Basic Information, Commercial Vehicles Manufacturing Base, Sales Area and Its Competitors Table 120. Man Truck & bus Commercial Vehicles Product Portfolios and Specifications Table 121. Man Truck & bus Commercial Vehicles Sales (Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 122. Man Truck & bus Main Business Table 123. Man Truck & bus Latest Developments Table 124. Scania Basic Information, Commercial Vehicles Manufacturing Base, Sales Area and Its Competitors Table 125. Scania Commercial Vehicles Product Portfolios and Specifications Table 126. Scania Commercial Vehicles Sales (Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 127. Scania Main Business Table 128. Scania Latest Developments Table 129. Iveco Basic Information, Commercial Vehicles Manufacturing Base, Sales Area and Its Competitors Table 130. Iveco Commercial Vehicles Product Portfolios and Specifications Table 131. Iveco Commercial Vehicles Sales (Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 132. Iveco Main Business Table 133. Iveco Latest Developments Table 134. Sinotruck Basic Information, Commercial Vehicles Manufacturing Base, Sales Area and Its Competitors Table 135. Sinotruck Commercial Vehicles Product Portfolios and Specifications Table 136. Sinotruck Commercial Vehicles Sales (Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 137. Sinotruck Main Business Table 138. Sinotruck Latest Developments Table 139. Shaanxi Heavy Duty Automobile Basic Information, Commercial Vehicles Manufacturing Base, Sales Area and Its Competitors Table 140. Shaanxi Heavy Duty Automobile Commercial Vehicles Product Portfolios and Specifications Table 141. Shaanxi Heavy Duty Automobile Commercial Vehicles Sales (Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 142. Shaanxi Heavy Duty Automobile Main Business Table 143. Shaanxi Heavy Duty Automobile Latest Developments Table 144. Isuzu Motors Basic Information, Commercial Vehicles Manufacturing Base, Sales Area and Its Competitors Table 145. Isuzu Motors Commercial Vehicles Product Portfolios and Specifications Table 146. Isuzu Motors Commercial Vehicles Sales (Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 147. Isuzu Motors Main Business Table 148. Isuzu Motors Latest Developments Table 149. Navistar Basic Information, Commercial Vehicles Manufacturing Base, Sales Area and Its Competitors Table 150. Navistar Commercial Vehicles Product Portfolios and Specifications Table 151. Navistar Commercial Vehicles Sales (Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 152. Navistar Main Business Table 153. Navistar Latest Developments Table 154. Tata Motors Basic Information, Commercial Vehicles Manufacturing Base, Sales Area and Its Competitors Table 155. Tata Motors Commercial Vehicles Product Portfolios and Specifications Table 156. Tata Motors Commercial Vehicles Sales (Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 157. Tata Motors Main Business Table 158. Tata Motors Latest Developments Table 159. Yutong Basic Information, Commercial Vehicles Manufacturing Base, Sales Area and Its Competitors Table 160. Yutong Commercial Vehicles Product Portfolios and Specifications Table 161. Yutong Commercial Vehicles Sales (Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 162. Yutong Main Business Table 163. Yutong Latest Developments Table 164. BYD Basic Information, Commercial Vehicles Manufacturing Base, Sales Area and Its Competitors Table 165. BYD Commercial Vehicles Product Portfolios and Specifications Table 166. BYD Commercial Vehicles Sales (Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 167. BYD Main Business Table 168. BYD Latest Developments

Figure 1. Picture of Commercial Vehicles Figure 2. Commercial Vehicles Report Years Considered Figure 3. Research Objectives Figure 4. Research Methodology Figure 5. Research Process and Data Source Figure 6. Global Commercial Vehicles Sales Growth Rate 2019-2030 (Units) Figure 7. Global Commercial Vehicles Revenue Growth Rate 2019-2030 ($ Millions) Figure 8. Commercial Vehicles Sales by Region (2019, 2023 & 2030) & ($ Millions) Figure 9. Product Picture of Light Commercial Vehicle Figure 10. Product Picture of Medium Duty/Heavy Duty Vehicle Figure 11. Product Picture of Buses & Coaches Figure 12. Global Commercial Vehicles Sales Market Share by Type in 2023 Figure 13. Global Commercial Vehicles Revenue Market Share by Type (2019-2024) Figure 14. Commercial Vehicles Consumed in Transportation and Logistics Figure 15. Global Commercial Vehicles Market: Transportation and Logistics (2019-2024) & (Units) Figure 16. Commercial Vehicles Consumed in Construction Figure 17. Global Commercial Vehicles Market: Construction (2019-2024) & (Units) Figure 18. Commercial Vehicles Consumed in Public Transit Figure 19. Global Commercial Vehicles Market: Public Transit (2019-2024) & (Units) Figure 20. Commercial Vehicles Consumed in Others Figure 21. Global Commercial Vehicles Market: Others (2019-2024) & (Units) Figure 22. Global Commercial Vehicles Sales Market Share by Application (2023) Figure 23. Global Commercial Vehicles Revenue Market Share by Application in 2023 Figure 24. Commercial Vehicles Sales Market by Company in 2023 (Units) Figure 25. Global Commercial Vehicles Sales Market Share by Company in 2023 Figure 26. Commercial Vehicles Revenue Market by Company in 2023 ($ Million) Figure 27. Global Commercial Vehicles Revenue Market Share by Company in 2023 Figure 28. Global Commercial Vehicles Sales Market Share by Geographic Region (2019-2024) Figure 29. Global Commercial Vehicles Revenue Market Share by Geographic Region in 2023 Figure 30. Americas Commercial Vehicles Sales 2019-2024 (Units) Figure 31. Americas Commercial Vehicles Revenue 2019-2024 ($ Millions) Figure 32. APAC Commercial Vehicles Sales 2019-2024 (Units) Figure 33. APAC Commercial Vehicles Revenue 2019-2024 ($ Millions) Figure 34. Europe Commercial Vehicles Sales 2019-2024 (Units) Figure 35. Europe Commercial Vehicles Revenue 2019-2024 ($ Millions) Figure 36. Middle East & Africa Commercial Vehicles Sales 2019-2024 (Units) Figure 37. Middle East & Africa Commercial Vehicles Revenue 2019-2024 ($ Millions) Figure 38. Americas Commercial Vehicles Sales Market Share by Country in 2023 Figure 39. Americas Commercial Vehicles Revenue Market Share by Country in 2023 Figure 40. Americas Commercial Vehicles Sales Market Share by Type (2019-2024) Figure 41. Americas Commercial Vehicles Sales Market Share by Application (2019-2024) Figure 42. United States Commercial Vehicles Revenue Growth 2019-2024 ($ Millions) Figure 43. Canada Commercial Vehicles Revenue Growth 2019-2024 ($ Millions) Figure 44. Mexico Commercial Vehicles Revenue Growth 2019-2024 ($ Millions) Figure 45. Brazil Commercial Vehicles Revenue Growth 2019-2024 ($ Millions) Figure 46. APAC Commercial Vehicles Sales Market Share by Region in 2023 Figure 47. APAC Commercial Vehicles Revenue Market Share by Regions in 2023 Figure 48. APAC Commercial Vehicles Sales Market Share by Type (2019-2024) Figure 49. APAC Commercial Vehicles Sales Market Share by Application (2019-2024) Figure 50. China Commercial Vehicles Revenue Growth 2019-2024 ($ Millions) Figure 51. Japan Commercial Vehicles Revenue Growth 2019-2024 ($ Millions) Figure 52. South Korea Commercial Vehicles Revenue Growth 2019-2024 ($ Millions) Figure 53. Southeast Asia Commercial Vehicles Revenue Growth 2019-2024 ($ Millions) Figure 54. India Commercial Vehicles Revenue Growth 2019-2024 ($ Millions) Figure 55. Australia Commercial Vehicles Revenue Growth 2019-2024 ($ Millions) Figure 56. China Taiwan Commercial Vehicles Revenue Growth 2019-2024 ($ Millions) Figure 57. Europe Commercial Vehicles Sales Market Share by Country in 2023 Figure 58. Europe Commercial Vehicles Revenue Market Share by Country in 2023 Figure 59. Europe Commercial Vehicles Sales Market Share by Type (2019-2024) Figure 60. Europe Commercial Vehicles Sales Market Share by Application (2019-2024) Figure 61. Germany Commercial Vehicles Revenue Growth 2019-2024 ($ Millions) Figure 62. France Commercial Vehicles Revenue Growth 2019-2024 ($ Millions) Figure 63. UK Commercial Vehicles Revenue Growth 2019-2024 ($ Millions) Figure 64. Italy Commercial Vehicles Revenue Growth 2019-2024 ($ Millions) Figure 65. Russia Commercial Vehicles Revenue Growth 2019-2024 ($ Millions) Figure 66. Middle East & Africa Commercial Vehicles Sales Market Share by Country in 2023 Figure 67. Middle East & Africa Commercial Vehicles Revenue Market Share by Country in 2023 Figure 68. Middle East & Africa Commercial Vehicles Sales Market Share by Type (2019-2024) Figure 69. Middle East & Africa Commercial Vehicles Sales Market Share by Application (2019-2024) Figure 70. Egypt Commercial Vehicles Revenue Growth 2019-2024 ($ Millions) Figure 71. South Africa Commercial Vehicles Revenue Growth 2019-2024 ($ Millions) Figure 72. Israel Commercial Vehicles Revenue Growth 2019-2024 ($ Millions) Figure 73. Turkey Commercial Vehicles Revenue Growth 2019-2024 ($ Millions) Figure 74. GCC Country Commercial Vehicles Revenue Growth 2019-2024 ($ Millions) Figure 75. Manufacturing Cost Structure Analysis of Commercial Vehicles in 2023 Figure 76. Manufacturing Process Analysis of Commercial Vehicles Figure 77. Industry Chain Structure of Commercial Vehicles Figure 78. Channels of Distribution Figure 79. Global Commercial Vehicles Sales Market Forecast by Region (2025-2030) Figure 80. Global Commercial Vehicles Revenue Market Share Forecast by Region (2025-2030) Figure 81. Global Commercial Vehicles Sales Market Share Forecast by Type (2025-2030) Figure 82. Global Commercial Vehicles Revenue Market Share Forecast by Type (2025-2030) Figure 83. Global Commercial Vehicles Sales Market Share Forecast by Application (2025-2030) Figure 84. Global Commercial Vehicles Revenue Market Share Forecast by Application (2025-2030)

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