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Commercial Vehicle Upfitting Research:CAGR of 7.66% during the forecast period 2025-2031

03-05-2025 09:40 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: QY Research Inc.

Commercial Vehicle Upfitting Research:CAGR of 7.66% during

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2025 latest report "Commercial Vehicle Upfitting- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031". Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2025-2031), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.



The global market for Commercial Vehicle Upfitting was estimated to be worth US$ 2010 million in 2024 and is forecast to a readjusted size of US$ 3336 million by 2031 with a CAGR of 7.7% during the forecast period 2025-2031.



【Get a free sample PDF of this report (Including Full TOC, List of Tables & Figures, Chart)】

https://www.qyresearch.com/reports/3681971/commercial-vehicle-upfitting



Commercial Vehicle Upfitting Market Summary

Commercial Vehicle Upfitting refers to the process of modifying, customizing, or equipping commercial vehicles with specialized components, tools, or structural enhancements to meet specific business or industry requirements. This process includes installing shelving, toolboxes, refrigeration units, mobility lifts, specialized lighting, or other modifications to improve functionality, safety, and efficiency. Upfitting is commonly used in industries such as logistics, construction, emergency services, utilities, etc.

Commercial Vehicle Upfitting refers to the process of adding or installing additional equipment, accessories, or features to a vehicle to enhance its functionality for specific uses or occupations. It often involves outfitting a vehicle with items such as specialized racks, storage compartments, toolboxes, or safety equipment, typically without making significant changes to the vehicle's core mechanical or structural components. For example, adding a ladder rack to a pickup truck for a construction worker or installing a partition in a van for a delivery service.

The commercial vehicle upfitting market has been witnessing significant growth and dynamic trends in recent years. In terms of market size, it has been expanding steadily. The increasing demand for customized commercial vehicles across various industries, such as logistics, construction, and transportation, has been a major driver.

According to the new market research report "Global Commercial Vehicle Upfitting Market Report 2025-2031", published by QYResearch, the global market for Commercial Vehicle Upfitting was estimated to be worth US$ 2,009.70 million in 2024 and is forecast to a readjusted size of US$ 3,335.88 million by 2031 with a CAGR of 7.66% during the forecast period 2025-2031.

Global Commercial Vehicle Upfitting MarketSize(US$ Million), 2020-2031
250305-163833.webp (34 KB)

Above data is based on report from QYResearch: Global Commercial Vehicle Upfitting Market Report 2025-2031 (published in 2025). If you need the latest data, plaese contact QYResearch.

Global Commercial Vehicle Upfitting Top22Players Ranking and Market Share (Ranking is based on the revenue of 2024, continually updated)
250305-163856.webp (30 KB)

Above data is based on report from QYResearch: Global Commercial Vehicle Upfitting Market Report 2025-2031 (published in 2025). If you need the latest data, plaese contact QYResearch.

This report profiles key players of Commercial Vehicle Upfitting such as Holman, Knapheide, Merchants Fleet, Safe Fleet, The Shyft Group, etc.

In 2024, the global top five Commercial Vehicle Upfitting players account for 48.26% of market share in terms of revenue. Above figure shows the key players ranked by revenue in Commercial Vehicle Upfitting.

Commercial Vehicle Upfitting,Global Market Share, Split by Product Type Segment
250305-163910.webp (36 KB)

Based on or includes research from QYResearch: Global Commercial Vehicle Upfitting Market Report 2025-2031.

The market size of Commercial Vehicle Upfitting has further expanded, and the main categories are Class 1-6Vehicles. In 2024, Class 2 Vehicles Upfitting accounts for a large proportion of the market, at 50.05%.

Based on the Commercial Vehicle Upfitting application, the Commercial Vehicle Upfitting market is segmented into several major parts, like Fleet & Logistics, Construction, Municipal and Public Utilities Industry, Agriculture and Forestry Industry, Security & Armored Vehicles, etc. The proportion of Fleet & Logistics in 2024 was 63.45%.

Commercial Vehicle Upfitting Industry Trends

1.Increasing demand: As the automotive industry continues to grow, there is a corresponding increase in the need for vehicle unfitting services. This is driven by factors such as vehicle leasing, fleet management, and the need for vehicle Unfitting.

2.Technological advancements: The vehicle unfitting industry is constantly evolving with advancements in technology. This includes the development of more efficient and cost-effective retrofitting solutions, such as improved battery systems and motor conversions. These advancements are making retrofitting more accessible and attractive to vehicle owners.

3.Collaboration with automakers: Vehicle unfitting service providers are increasingly collaborating with automakers to offer unfitting solutions for their existing vehicle models. This partnership allows automakers to tap into the growing demand for electric vehicles and provide customers with more sustainable options. It also helps service providers gain credibility and access to a wider customer base.

4.Improved professionalism: With the growing demand for vehicle unfitting service, specialized companies focused solely on vehicle unfitting are emerging. These companies have the expertise and experience to provide high-quality vehicle unfitting solutions and cater to the specific needs of vehicle owners. This specialization is expected to drive innovation and competition in the vehicle unfitting industry.

Analysis of Drivers, Restraints and Challenges of the Commercial Vehicle UpfittingIndustry


Based on or includes research from QYResearch: Global Commercial Vehicle Upfitting Market Report 2025-2031.



The market presents numerous opportunities. The growing e - commerce industry is creating a huge demand for last - mile delivery vehicles, which often require upfitting to carry different types of goods efficiently. Additionally, the increasing focus on environmental sustainability has led to opportunities for upfitting commercial vehicles with alternative fuel systems, such as electric or hybrid powertrains. However, there are also challenges. Stringent regulations regarding vehicle safety and emissions in different regions make it difficult for upfitters to develop a one - size - fits - all solution. High costs associated with research and development of new upfitting technologies can also be a deterrent for some smaller players.

Future product trends are likely to revolve around advanced technology integration. We can expect to see more upfitted commercial vehicles equipped with autonomous driving features, such as advanced driver - assistance systems (ADAS). These features will enhance the safety and efficiency of commercial vehicle operations. Moreover, the use of lightweight materials in upfitting will become more prevalent to improve fuel efficiency and reduce emissions. In - vehicle connectivity will also be a key trend, allowing for real - time monitoring and management of the upfitted vehicles, further optimizing logistics operations.







The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.



The Commercial Vehicle Upfitting market is segmented as below:

By Company

Holman
Knapheide
Merchants Fleet
Safe Fleet
The Shyft Group
Ranger Design
Canfield Equipment
Mike Albert Fleet Solutions
Day Wireless Systems
National Fleet Services
BearCom
Farmbro
Advantage Outfitters
Driverge Vehicle Innovations
Wireless USA
RCS Communications
Levan Machine and Truck Equipment
Bona Bros
MCA (Motorola Solutions)
Badger Truck & Auto Group
EVO Upfitting
Pro Comm Inc.



Segment by Type

Class 1 Vehicles
Class 2 Vehicles
Class 3 Vehicles
Class 4 Vehicles
Class 5 Vehicles
Class 6 Vehicles
Other Vehicles



Segment by Application

Fleet & Logistics
Construction & Infrastructure
Telecom & Utilities
Emergency & Public Safety
Security & Armored Vehicles
Others



Each chapter of the report provides detailed information for readers to further understand the Commercial Vehicle Upfitting market:

Chapter 1: Introduces the report scope of the Commercial Vehicle Upfitting report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2020-2031)

Chapter 2: Detailed analysis of Commercial Vehicle Upfitting manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2020-2025)

Chapter 3: Provides the analysis of various Commercial Vehicle Upfitting market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2020-2031)

Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2020-2031)

Chapter 5: Sales, revenue of Commercial Vehicle Upfitting in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2020-2031)

Chapter 6: Sales, revenue of Commercial Vehicle Upfitting in country level. It provides sigmate data by Type, and by Application for each country/region.(2020-2031)

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2020-2025)

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.



Benefits of purchasing QYResearch report:

Competitive Analysis: QYResearch provides in-depth Commercial Vehicle Upfitting competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.

Industry Analysis: QYResearch provides Commercial Vehicle Upfitting comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.

and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.

Market Size: QYResearch provides Commercial Vehicle Upfitting market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.



Other relevant reports of QYResearch:

Global Commercial Vehicle Upfitting Market Insights, Forecast to 2031
Global Commercial Vehicle Upfitting Market Research Report 2025
Global Commercial Vehicle Upfitting Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031

About Us:

QYResearch founded in California, USA in 2007, which is a leading global market research and consulting company. Our primary business include market research reports, custom reports, commissioned research, IPO consultancy, business plans, etc. With over 18 years of experience and a dedicated research team, we are well placed to provide useful information and data for your business, and we have established offices in 7 countries (include United States, Germany, Switzerland, Japan, Korea, China and India) and business partners in over 30 countries. We have provided industrial information services to more than 60,000 companies in over the world.

Contact Us:
If you have any queries regarding this report or if you would like further information, please contact us:
QY Research Inc.
Add: 17890 Castleton Street Suite 369 City of Industry CA 91748 United States
EN: https://www.qyresearch.com
Email: global@qyresearch.com
Tel: 001-626-842-1666(US)
JP: https://www.qyresearch.co.jp

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