Heavy Duty Trucks Market Size to Hit USD 467.71 Bn by 2034

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Heavy Duty Trucks Market

5.1. COVID-19 Landscape: Heavy Duty Trucks Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Heavy Duty Trucks Market, By Tonnage Type

8.1. Heavy Duty Trucks Market Revenue and Volume Forecast, by Tonnage Type

8.1.1. 10 to 15 tons

8.1.1.1. Market Revenue and Volume Forecast

8.1.2. more than 15 tons

8.1.2.1. Market Revenue and Volume Forecast

Chapter 9. Global Heavy Duty Trucks Market, By Class

9.1. Heavy Duty Trucks Market Revenue and Volume Forecast, by Class

9.1.1. Class 5

9.1.1.1. Market Revenue and Volume Forecast

9.1.2. Class 6

9.1.2.1. Market Revenue and Volume Forecast

9.1.3. Class 7

9.1.3.1. Market Revenue and Volume Forecast

9.1.4. Class 8

9.1.4.1. Market Revenue and Volume Forecast

Chapter 10. Global Heavy Duty Trucks Market, By Fuel Type

10.1. Heavy Duty Trucks Market Revenue and Volume Forecast, by Fuel Type

10.1.1. Gasoline

10.1.1.1. Market Revenue and Volume Forecast

10.1.2. Diesel

10.1.2.1. Market Revenue and Volume Forecast

10.1.3. Electric

10.1.3.1. Market Revenue and Volume Forecast

10.1.4. Alternative Fuels

10.1.4.1. Market Revenue and Volume Forecast

Chapter 11. Global Heavy Duty Trucks Market, By Application

11.1. Heavy Duty Trucks Market Revenue and Volume Forecast, by Application

11.1.1. Construction and Mining

11.1.1.1. Market Revenue and Volume Forecast

11.1.2. Freight and Logistics

11.1.2.1. Market Revenue and Volume Forecast

11.1.3. Others

11.1.3.1. Market Revenue and Volume Forecast

Chapter 12. Global Heavy Duty Trucks Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Volume Forecast, by Tonnage Type

12.1.2. Market Revenue and Volume Forecast, by Class

12.1.3. Market Revenue and Volume Forecast, by Fuel Type

12.1.4. Market Revenue and Volume Forecast, by Application

12.1.5. U.S.

12.1.5.1. Market Revenue and Volume Forecast, by Tonnage Type

12.1.5.2. Market Revenue and Volume Forecast, by Class

12.1.5.3. Market Revenue and Volume Forecast, by Fuel Type

12.1.5.4. Market Revenue and Volume Forecast, by Application

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Volume Forecast, by Tonnage Type

12.1.6.2. Market Revenue and Volume Forecast, by Class

12.1.6.3. Market Revenue and Volume Forecast, by Fuel Type

12.1.6.4. Market Revenue and Volume Forecast, by Application

12.2. Europe

12.2.1. Market Revenue and Volume Forecast, by Tonnage Type

12.2.2. Market Revenue and Volume Forecast, by Class

12.2.3. Market Revenue and Volume Forecast, by Fuel Type

12.2.4. Market Revenue and Volume Forecast, by Application

12.2.5. UK

12.2.5.1. Market Revenue and Volume Forecast, by Tonnage Type

12.2.5.2. Market Revenue and Volume Forecast, by Class

12.2.5.3. Market Revenue and Volume Forecast, by Fuel Type

12.2.5.4. Market Revenue and Volume Forecast, by Application

12.2.6. Germany

12.2.6.1. Market Revenue and Volume Forecast, by Tonnage Type

12.2.6.2. Market Revenue and Volume Forecast, by Class

12.2.6.3. Market Revenue and Volume Forecast, by Fuel Type

12.2.6.4. Market Revenue and Volume Forecast, by Application

12.2.7. France

12.2.7.1. Market Revenue and Volume Forecast, by Tonnage Type

12.2.7.2. Market Revenue and Volume Forecast, by Class

12.2.7.3. Market Revenue and Volume Forecast, by Fuel Type

12.2.7.4. Market Revenue and Volume Forecast, by Application

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Volume Forecast, by Tonnage Type

12.2.8.2. Market Revenue and Volume Forecast, by Class

12.2.8.3. Market Revenue and Volume Forecast, by Fuel Type

12.2.8.4. Market Revenue and Volume Forecast, by Application

12.3. APAC

12.3.1. Market Revenue and Volume Forecast, by Tonnage Type

12.3.2. Market Revenue and Volume Forecast, by Class

12.3.3. Market Revenue and Volume Forecast, by Fuel Type

12.3.4. Market Revenue and Volume Forecast, by Application

12.3.5. India

12.3.5.1. Market Revenue and Volume Forecast, by Tonnage Type

12.3.5.2. Market Revenue and Volume Forecast, by Class

12.3.5.3. Market Revenue and Volume Forecast, by Fuel Type

12.3.5.4. Market Revenue and Volume Forecast, by Application

12.3.6. China

12.3.6.1. Market Revenue and Volume Forecast, by Tonnage Type

12.3.6.2. Market Revenue and Volume Forecast, by Class

12.3.6.3. Market Revenue and Volume Forecast, by Fuel Type

12.3.6.4. Market Revenue and Volume Forecast, by Application

12.3.7. Japan

12.3.7.1. Market Revenue and Volume Forecast, by Tonnage Type

12.3.7.2. Market Revenue and Volume Forecast, by Class

12.3.7.3. Market Revenue and Volume Forecast, by Fuel Type

12.3.7.4. Market Revenue and Volume Forecast, by Application

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Volume Forecast, by Tonnage Type

12.3.8.2. Market Revenue and Volume Forecast, by Class

12.3.8.3. Market Revenue and Volume Forecast, by Fuel Type

12.3.8.4. Market Revenue and Volume Forecast, by Application

12.4. MEA

12.4.1. Market Revenue and Volume Forecast, by Tonnage Type

12.4.2. Market Revenue and Volume Forecast, by Class

12.4.3. Market Revenue and Volume Forecast, by Fuel Type

12.4.4. Market Revenue and Volume Forecast, by Application

12.4.5. GCC

12.4.5.1. Market Revenue and Volume Forecast, by Tonnage Type

12.4.5.2. Market Revenue and Volume Forecast, by Class

12.4.5.3. Market Revenue and Volume Forecast, by Fuel Type

12.4.5.4. Market Revenue and Volume Forecast, by Application

12.4.6. North Africa

12.4.6.1. Market Revenue and Volume Forecast, by Tonnage Type

12.4.6.2. Market Revenue and Volume Forecast, by Class

12.4.6.3. Market Revenue and Volume Forecast, by Fuel Type

12.4.6.4. Market Revenue and Volume Forecast, by Application

12.4.7. South Africa

12.4.7.1. Market Revenue and Volume Forecast, by Tonnage Type

12.4.7.2. Market Revenue and Volume Forecast, by Class

12.4.7.3. Market Revenue and Volume Forecast, by Fuel Type

12.4.7.4. Market Revenue and Volume Forecast, by Application

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Volume Forecast, by Tonnage Type

12.4.8.2. Market Revenue and Volume Forecast, by Class

12.4.8.3. Market Revenue and Volume Forecast, by Fuel Type

12.4.8.4. Market Revenue and Volume Forecast, by Application

12.5. Latin America

12.5.1. Market Revenue and Volume Forecast, by Tonnage Type

12.5.2. Market Revenue and Volume Forecast, by Class

12.5.3. Market Revenue and Volume Forecast, by Fuel Type

12.5.4. Market Revenue and Volume Forecast, by Application

12.5.5. Brazil

12.5.5.1. Market Revenue and Volume Forecast, by Tonnage Type

12.5.5.2. Market Revenue and Volume Forecast, by Class

12.5.5.3. Market Revenue and Volume Forecast, by Fuel Type

12.5.5.4. Market Revenue and Volume Forecast, by Application

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Volume Forecast, by Tonnage Type

12.5.6.2. Market Revenue and Volume Forecast, by Class

12.5.6.3. Market Revenue and Volume Forecast, by Fuel Type

12.5.6.4. Market Revenue and Volume Forecast, by Application

Chapter 13. Company Profiles

13.1. Daimler AG

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Volvo Group

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. PACCAR Inc

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Navistar International Corporation

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. MAN SE

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Scania AB

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Iveco S.p.A.

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Hino Motors, Ltd.

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Isuzu Motors Ltd.

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. Kenworth Truck Company

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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Frequently Asked Questions

The global heavy duty trucks market size is expected to increase USD 467.71 billion by 2034 from USD 212.67 billion in 2024.

The global heavy duty trucks market will register growth rate of 8.20% between 2025 and 2034.

The major players operating in the heavy duty trucks market are Daimler AG, Volvo Group, PACCAR Inc, Navistar International Corporation, MAN SE, Scania AB, Iveco S.p.A., Hino Motors, Ltd., Isuzu Motors Ltd., Kenworth Truck Company, Mack Trucks, Inc., Western Star Trucks, Peterbilt Motors Company, Ashok Leyland, Dongfeng Motor Corporation, and Others.

The driving factors of the heavy duty trucks market are the growing freight transportation demand and infrastructure development.

North America region will lead the global heavy duty trucks market during the forecast period 2025 to 2034.