Press release
Commercial Vehicle Market Trends, Growth Analysis, Investigation by Regions, Types, Applications and Analysis of Key Players
The QY Research released a latest market research report on the Global Commercial Vehicle market, which is segmented by region (country), company and by Application. Players, stakeholders, and other participants in the global Commercial Vehicle market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country) and by Application of Global Commercial Vehicle market.For More Information About This Report, Please Enter:
https://us.qyresearch.com/reports/348709/commercial-vehicle
Summary
Due to the COVID-19 pandemic, the global Commercial Vehicle market size is estimated to be worth US$ 979262 million in 2022 and is forecast to a readjusted size of US$ 1063527 million by 2028 with a CAGR of 1.39% during the review period. Fully considering the economic change by this health crisis, Light Commercial Vehicle accounting for 67.61% of the Commercial Vehicle global market in 2021, is projected to value US$ 718412 million by 2028, growing at a revised 1.17% CAGR in the post-COVID-19 period. While Transportation and Logistics segment is altered to an 1.78% CAGR throughout this forecast period.
North America Commercial Vehicle market is estimated at US$ 300798 million in 2021, while Europe is forecast to reach US$ 366620 million by 2028. The proportion of the North America is 32.60% in 2021, while Europe percentage is 30.88%, and it is predicted that Europe share will reach 29.30% in 2028, trailing a CAGR of 0.34% through the analysis period. As for the Asia, the notable markets are Japan and South Korea, CAGR is 0.55% and 0.21% % respectively for the next 6-year period.
The global major manufacturers of Commercial Vehicle include GM, Toyota, Ford, Daimler, Volvo, Stellantis, PACCAR, Faw Jiefang Group, and Man Truck & Bus, etc. In terms of revenue, the global 3 largest players have a 21% market share of Commercial Vehicle in 2021.
The report mentions the prominent market player consisting of:
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
Commercial Vehicle Market Segment by Type
Light Commercial Vehicle
Medium Duty/Heavy Duty Vehicle
Bus & Coach
Commercial Vehicle Market Segment by Application
Transportation and Logistics
Construction
Public Transit
Others
The report on the Commercial Vehicle market covers the following region (country) analysis:
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Australia
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
South America
Mexico
Brazil
Rest of South America
The Goal of the Report
To study and analyze the global Commercial Vehicleconsumption (value & volume) by key regions/countries, type and application, history data from 2017 to 2022, and forecast to 2028.
To understand the structure of Commercial Vehiclemarket by identifying its various subsegments.
Focuses on the key global Commercial Vehiclemanufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Commercial Vehiclewith respect to individual growth trends, prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges, and risks).
To project the consumption of Commercial Vehiclesubmarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Target Audience
> Commercial Vehicle companies
> Research organizations
> Government Organizations
> Research/Consultancy firms
Table of Contents
1 Commercial Vehicle Market Overview 1
1.1 Product Overview and Scope of Commercial Vehicle 1
1.2 Commercial Vehicle Segment by Type 1
1.2.1 Global Commercial Vehicle Market Size Growth Rate Analysis by Type: 2022 VS 2028 1
1.2.2 Light Commercial Vehicle 2
1.2.3 Medium Duty/Heavy Duty Vehicle 3
1.2.4 Bus & Coach 3
1.3 Commercial Vehicle Segment by Application 4
1.3.1 Global Commercial Vehicle Market Size Growth Rate Analysis by Application: 2022 VS 2028 4
1.4 Global Market Growth Prospects 5
1.4.1 Global Commercial Vehicle Revenue Estimates and Forecasts (2017-2028) 5
1.4.2 Global Commercial Vehicle Production Estimates and Forecasts (2017-2028) 6
1.5 Global Market Size by Region 6
1.5.1 Global Commercial Vehicle Market Size Estimates and Forecasts by Region: 2017 VS 2022 VS 2028 6
1.5.2 North America Commercial Vehicle Estimates and Forecasts (2017-2028) 7
1.5.3 Europe Commercial Vehicle Estimates and Forecasts (2017-2028) 8
1.5.4 China Commercial Vehicle Estimates and Forecasts (2017-2028) 8
1.5.5 Japan Commercial Vehicle Estimates and Forecasts (2017-2028) 9
1.5.6 South Korea Commercial Vehicle Estimates and Forecasts (2017-2028) 9
1.5.7 India Commercial Vehicle Estimates and Forecasts (2017-2028) 10
2 Market Competition by Manufacturers 11
2.1 Global Commercial Vehicle Production by Manufacturers (2019-2021) 11
2.2 Global Commercial Vehicle Revenue Market Share by Manufacturers (2019-2021) 13
2.3 Commercial Vehicle Market Share by Company Type (Tier 1, Tier 2, and Tier 3) 15
2.4 Global Commercial Vehicle Average Price by Manufacturers (2019-2021) 16
2.5 Manufacturers Commercial Vehicle Production Sites, Area Served, Product Type 17
2.6 Commercial Vehicle Market Competitive Situation and Trends 19
2.6.1 Commercial Vehicle Market Concentration Rate 19
2.6.2 Global 5 Largest Commercial Vehicle Players Market Share by Revenue 20
2.6.3 Global 10 Largest Commercial Vehicle Players Market Share by Revenue 20
2.6.4 Mergers & Acquisitions, Expansion 21
3 Production by Region 22
3.1 Global Production of Commercial Vehicle by Region (2017-2022) 22
3.2 Global Commercial Vehicle Revenue Market Share by Region (2017-2022) 22
3.3 Global Commercial Vehicle Production, Revenue, Price and Gross Margin (2019-2021) 23
3.4 North America Commercial Vehicle Production 24
3.4.1 North America Commercial Vehicle Production Growth Rate (2017-2022) 24
3.4.2 North America Commercial Vehicle Production, Revenue, Price and Gross Margin (2019-2021) 24
3.5 Europe Commercial Vehicle Production 25
3.5.1 Europe Commercial Vehicle Production Growth Rate (2017-2022) 25
3.5.2 Europe Commercial Vehicle Production, Revenue, Price and Gross Margin (2019-2021) 25
3.6 China Commercial Vehicle Production (2017-2022) 26
3.6.1 China Commercial Vehicle Production Growth Rate (2017-2022) 26
3.6.2 China Commercial Vehicle Production, Revenue, Price and Gross Margin (2019-2021) 26
3.7 Japan Commercial Vehicle Production (2017-2022) 27
3.7.1 Japan Commercial Vehicle Production Growth Rate (2017-2022) 27
3.7.2 Japan Commercial Vehicle Production, Revenue, Price and Gross Margin (2019-2021) 27
3.8 South Korea Commercial Vehicle Production (2017-2022) 28
3.8.1 South Korea Commercial Vehicle Production Growth Rate (2017-2022) 28
3.8.2 South Korea Commercial Vehicle Production, Revenue, Price and Gross Margin (2019-2021) 28
3.9 India Commercial Vehicle Production (2017-2022) 29
3.9.1 India Commercial Vehicle Production Growth Rate (2017-2022) 29
3.9.2 India Commercial Vehicle Production, Revenue, Price and Gross Margin (2019-2021) 29
4 Commercial Vehicle Consumption by Region 30
4.1 Global Commercial Vehicle Consumption by Region 30
4.1.1 Global Commercial Vehicle Consumption by Region 30
4.1.2 Global Commercial Vehicle Consumption Market Share by Region 30
4.2 North America 31
4.2.1 North America Commercial Vehicle Consumption by Country 31
4.2.2 U.S. 32
4.2.3 Canada 33
4.3 Europe 33
4.3.1 Europe Commercial Vehicle Consumption by Country 33
4.3.2 Germany 34
4.3.3 France 35
4.3.4 U.K. 35
4.3.5 Italy 36
4.3.6 Russia 36
4.4 Asia Pacific 37
4.4.1 Asia Pacific Commercial Vehicle Consumption by Region 37
4.4.2 China 38
4.4.3 Japan 39
4.4.4 South Korea 39
4.4.5 Southeast Asia 40
4.4.6 India 40
4.5 Latin America 41
4.5.1 Latin America Commercial Vehicle Consumption by Country 41
4.5.2 Mexico 42
4.5.3 Brazil 43
5 Segment by Type 44
5.1 Global Commercial Vehicle Production Market Share by Type (2017-2022) 44
5.2 Global Commercial Vehicle Revenue Market Share by Type (2017-2022) 45
5.3 Global Commercial Vehicle Price by Type (2017-2022) 45
6 Segment by Application 47
6.1 Global Commercial Vehicle Production Market Share by Application (2017-2022) 47
7 Key Companies Profiled 48
7.1 GM 48
7.1.1 GM Commercial Vehicle Corporation Information 48
7.1.2 GM Main Business and Markets Served 48
7.1.3 GM Commercial Vehicle Product Portfolio 49
7.1.4 GM Commercial Vehicle Production, Revenue, Price and Gross Margin (2019-2021) 49
7.2 Toyota 50
7.2.1 Toyota Commercial Vehicle Corporation Information 50
7.2.2 Toyota Main Business and Markets Served 50
7.2.3 Toyota Commercial Vehicle Product Portfolio 50
7.2.4 Toyota Commercial Vehicle Production, Revenue, Price and Gross Margin (2019-2021) 51
7.3 Ford 51
7.3.1 Ford Commercial Vehicle Corporation Information 51
7.3.2 Ford Main Business and Markets Served 52
7.3.3 Ford Commercial Vehicle Product Portfolio 52
7.3.4 Ford Commercial Vehicle Production, Revenue, Price and Gross Margin (2019-2021) 53
7.4 Daimler 53
7.4.1 Daimler Commercial Vehicle Corporation Information 53
7.4.2 Daimler Main Business and Markets Served 54
7.4.3 Daimler Commercial Vehicle Product Portfolio 54
7.4.4 Daimler Commercial Vehicle Production, Revenue, Price and Gross Margin (2019-2021) 55
7.5 Volvo 56
7.5.1 Volvo Commercial Vehicle Corporation Information 56
7.5.2 Volvo Main Business and Markets Served 56
7.5.3 Volvo Commercial Vehicle Product Portfolio 56
7.5.4 Volvo Commercial Vehicle Production, Revenue, Price and Gross Margin (2019-2021) 58
7.6 Stellantis 58
7.6.1 Stellantis Commercial Vehicle Corporation Information 58
7.6.2 Stellantis Main Business and Markets Served 58
7.6.3 Stellantis Commercial Vehicle Product Portfolio 59
7.6.4 Stellantis Commercial Vehicle Production, Revenue, Price and Gross Margin (2019-2021) 59
7.7 PACCAR 59
7.7.1 PACCAR Commercial Vehicle Corporation Information 60
7.7.2 PACCAR Main Business and Markets Served 60
7.7.3 PACCAR Commercial Vehicle Product Portfolio 60
7.7.4 PACCAR Commercial Vehicle Production, Revenue, Price and Gross Margin (2019-2021) 61
7.8 Faw Jiefang Group 62
7.8.1 Faw Jiefang Group Commercial Vehicle Corporation Information 62
7.8.2 Faw Jiefang Group Main Business and Markets Served 62
7.8.3 Faw Jiefang Group Commercial Vehicle Product Portfolio 62
7.8.4 Faw Jiefang Group Commercial Vehicle Production, Revenue, Price and Gross Margin (2019-2021) 63
7.9 Man Truck & Bus 63
7.9.1 Man Truck & Bus Commercial Vehicle Corporation Information 63
7.9.2 Man Truck & Bus Main Business and Markets Served 64
7.9.3 Man Truck & Bus Commercial Vehicle Product Portfolio 64
7.9.4 Man Truck & Bus Commercial Vehicle Production, Revenue, Price and Gross Margin (2019-2021) 65
7.10 Scania 65
7.10.1 Scania Commercial Vehicle Corporation Information 65
7.10.2 Scania Main Business and Markets Served 66
7.10.3 Scania Commercial Vehicle Product Portfolio 66
7.10.4 Scania Commercial Vehicle Production, Revenue, Price and Gross Margin (2019-2021) 67
7.11 Iveco 67
7.11.1 Iveco Commercial Vehicle Corporation Information 68
7.11.2 Iveco Main Business and Markets Served 68
7.11.3 Iveco Commercial Vehicle Product Portfolio 68
7.11.4 Iveco Commercial Vehicle Production, Revenue, Price and Gross Margin (2019-2021) 69
7.12 Sinotruck 70
7.12.1 Sinotruck Commercial Vehicle Corporation Information 70
7.12.2 Sinotruck Main Business and Markets Served 70
7.12.3 Sinotruck Commercial Vehicle Product Portfolio 70
7.12.4 Sinotruck Commercial Vehicle Production, Revenue, Price and Gross Margin (2019-2021) 71
7.13 Shaanxi Heavy Duty Automobile 71
7.13.1 Shaanxi Heavy Duty Automobile Commercial Vehicle Corporation Information 71
7.13.2 Shaanxi Heavy Duty Automobile Main Business and Markets Served 72
7.13.3 Shaanxi Heavy Duty Automobile Commercial Vehicle Product Portfolio 72
7.13.4 Shaanxi Heavy Duty Automobile Commercial Vehicle Production, Revenue, Price and Gross Margin (2019-2021) 74
7.14 Isuzu Motors 74
7.14.1 Isuzu Motors Commercial Vehicle Corporation Information 74
7.14.2 Isuzu Motors Main Business and Markets Served 74
7.14.3 Isuzu Motors Commercial Vehicle Product Portfolio 75
7.14.4 Isuzu Motors Commercial Vehicle Production, Revenue, Price and Gross Margin (2019-2021) 76
7.15 Navistar 76
7.15.1 Navistar Commercial Vehicle Corporation Information 76
7.15.2 Navistar Main Business and Markets Served 77
7.15.3 Navistar Commercial Vehicle Product Portfolio 77
7.15.4 Navistar Commercial Vehicle Production, Revenue, Price and Gross Margin (2019-2021) 78
7.16 Tata Motors 79
7.16.1 Tata Motors Commercial Vehicle Corporation Information 79
7.16.2 Tata Motors Main Business and Markets Served 79
7.16.3 Tata Motors Commercial Vehicle Product Portfolio 79
7.16.4 Tata Motors Commercial Vehicle Production, Revenue, Price and Gross Margin (2019-2021) 80
7.17 Yutong 81
7.17.1 Yutong Commercial Vehicle Corporation Information 81
7.17.2 Yutong Main Business and Markets Served 81
7.17.3 Yutong Commercial Vehicle Product Portfolio 81
7.17.4 Yutong Commercial Vehicle Production, Revenue, Price and Gross Margin (2019-2021) 82
7.18 BYD 83
7.18.1 BYD Commercial Vehicle Corporation Information 83
7.18.2 BYD Main Business and Markets Served 83
7.18.3 BYD Commercial Vehicle Product Portfolio 83
7.18.4 BYD Commercial Vehicle Production, Revenue, Price and Gross Margin (2019-2021) 84
8 Commercial Vehicle Manufacturing Cost Analysis 85
8.1 Commercial Vehicle Key Raw Materials Analysis 85
8.1.1 Key Raw Materials 85
8.1.2 Key Suppliers of Raw Materials 85
8.2 Proportion of Manufacturing Cost Structure 86
8.3 Commercial Vehicle Industrial Chain Analysis 87
9 Marketing Channel, Distributors and Customers 88
9.1 Marketing Channel 88
9.2 Commercial Vehicle Distributors List 89
9.3 Commercial Vehicle Customers 90
10 Commercial Vehicle Market Dynamics 91
10.1 Commercial Vehicle Industry Trends 91
10.2 Commercial Vehicle Market Drivers 92
10.3 Commercial Vehicle Market Challenges 92
11 Production and Supply Forecast 93
11.1 Global Forecasted Production of Commercial Vehicle by Region (2023-2028) 93
11.2 North America Commercial Vehicle Production, Revenue Forecast (2023-2028) 94
11.3 Europe Commercial Vehicle Production, Revenue Forecast (2023-2028) 94
11.4 China Commercial Vehicle Production, Revenue Forecast (2023-2028) 95
11.5 Japan Commercial Vehicle Production, Revenue Forecast (2023-2028) 95
11.6 South Korea Commercial Vehicle Production, Revenue Forecast (2023-2028) 96
11.7 India Commercial Vehicle Production, Revenue Forecast (2023-2028) 96
12 Consumption and Demand Forecast 97
12.1 Global Forecasted Demand Analysis of Commercial Vehicle 97
12.2 North America Forecasted Consumption of Commercial Vehicle by Country 97
12.3 Europe Market Forecasted Consumption of Commercial Vehicle by Country 98
12.4 Asia Pacific Market Forecasted Consumption of Commercial Vehicle by Region 98
12.5 Latin America Forecasted Consumption of Commercial Vehicle by Country 99
13 Forecast by Type and by Application 100
13.1 Global Production, Revenue and Price Forecast by Type (2023-2028) 100
13.1.1 Global Forecasted Production of Commercial Vehicle by Type (2023-2028) 100
13.1.2 Global Forecasted Revenue of Commercial Vehicle by Type (2023-2028) 100
13.1.3 Global Forecasted Price of Commercial Vehicle by Type (2023-2028) 101
13.2 Global Production, Revenue and Price Forecast by Application (2023-2028) 101
13.2.1 Global Forecasted Production of Commercial Vehicle by Application (2023-2028) 101
14 Research Findings and Conclusion 103
15 Methodology and Data Source 104
15.1 Methodology/Research Approach 104
15.1.1 Research Programs/Design 104
15.1.2 Market Size Estimation 105
15.1.3 Market Breakdown and Data Triangulation 106
15.2 Data Source 107
15.2.1 Secondary Sources 107
15.2.2 Primary Sources 108
15.3 Author List 109
15.4 Disclaimer 109
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This report can be customized to meet the client's requirements. Please contact with us (global@qyresearch.com), who will ensure that you get a report that suits your needs.
About Us:
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 15 years' experience and professional research team in various cities over the world，QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 59,000 clients across five continents. Let's work closely with you and build a bold and better future.
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Website: https://us.qyresearch.com
The QY Research released a latest market research report on the Global Commercial Vehicle market, which is segmented by region (country), company and by Application. Players, stakeholders, and other participants in the global Commercial Vehicle market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country) and by Application of Global Commercial Vehicle market.
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 15 years' experience and professional research team in various cities over the world，QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 59,000 clients across five continents. Let's work closely with you and build a bold and better future.
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