Press release
Medium and Heavy-Duty Commercial Vehicles Market to Reach USD 422.60 Billion by 2030 - Mordor Intelligence
Mordor Intelligence, in its latest Medium and Heavy-Duty Commercial Vehicles Market report, forecasts that the market size is estimated at USD 357.87 billion in 2025 and expected to reach USD 422.60 billion by 2030, at a 3.40% CAGR.The Medium and Heavy-Duty Commercial Vehicles Market forms the backbone of global trade, logistics, and infrastructure development. These vehicles, which typically include trucks, buses, and tractor-trailers with higher payload capacities, are vital for transporting goods and people across regions. They play a crucial role in industries such as logistics, construction, mining, and manufacturing. Growth in this market is strongly tied to economic activity, infrastructure investment, and regulatory frameworks, particularly those aimed at emissions and fuel efficiency. With rising demand from e-commerce and urban distribution networks, coupled with the gradual adoption of electric and alternative fuel vehicles, the market is witnessing steady expansion across both developed and emerging economies.
Report Overview: https://www.mordorintelligence.com/industry-reports/medium-and-heavy-duty-commercial-vehicles-market?utm_source=openpr
Key Market Trends
Regulatory impact on vehicle design: Stricter emission standards such as Euro-VII in Europe and EPA 2027 in the United States are pushing manufacturers to introduce updated models that meet compliance requirements.
Shift toward electric propulsion: Battery-electric and hybrid trucks are gradually gaining traction as operators explore alternatives to internal combustion engines, driven by sustainability goals and supportive policies.
Growing role of logistics and e-commerce: Rapid expansion of parcel delivery and supply chain networks is increasing the demand for medium and heavy-duty trucks, particularly in urban and regional transportation.
Regional leadership of Asia-Pacific: Asia-Pacific continues to dominate global market share, supported by large-scale industrial activity and infrastructure projects, while Africa is emerging as a fast-growing market.
Focus on lighter tonnage and flexible fleets: While heavy trucks above 16 tons account for the largest share, medium-duty vehicles in the 3.5-7.5 ton range are witnessing faster growth, reflecting the need for versatile fleets in last-mile and regional deliveries.
Check out more details and stay updated with the latest industry trends, including the Japanese version for localized insights:
https://www.mordorintelligence.com/ja/industry-reports/medium-and-heavy-duty-commercial-vehicles-market?utm_source=openpr
Market Segmentation
By Tonnage
-3.5 to 7.5 Tons
-7.5 to 16 Tons
-Above 16 Tons
By Propulsion Type
-Internal Combustion Engine (Diesel & Gasoline)
-Battery Electric
-Plug-in Hybrid Electric
-Fuel-cell Electric
-Alternative Fuels (CNG, LNG, Bio-fuel, LPG)
By Vehicle Type
-Rigid Truck
-Tractor-Trailer
-Tipper / Dump Truck
-Specialized & Vocational Trucks
By End-user Industry
-Logistics & Transportation
-Construction & Mining
-Agriculture & Forestry
-Utilities & Municipal Services
By Geography
-North America
-South America
-Europe
-Asia-pacific
-Middle East Africa
Explore Our Full Library of Automotive Industry Research Reports
https://www.mordorintelligence.com/market-analysis/automotive?utm_source=openpr
Major Players
PACCAR Inc: PACCAR is a leading global manufacturer of light, medium, and heavy-duty trucks under the Kenworth, Peterbilt, and DAF brands. The company has a strong presence in North America and Europe, known for reliability, advanced engine technology, and aftersales support.
Daimler AG: Daimler AG, through its Mercedes-Benz and Freightliner brands, is one of the largest players in the global heavy-duty truck segment. The company focuses on both diesel-powered vehicles and next-generation battery-electric trucks to align with tightening emission regulations.
Volvo Group: Volvo Group is a Swedish multinational that manufactures trucks, buses, and construction equipment. With brands like Volvo Trucks, Mack Trucks, and Renault Trucks, it has a broad global footprint and invests heavily in electric mobility and sustainable transportation solutions.
Tata Motors Limited: Part of the Tata Group, Tata Motors is India's largest commercial vehicle manufacturer, offering a diverse portfolio of medium and heavy-duty trucks. The company plays a key role in the Asia-Pacific market and is expanding its portfolio with alternative fuel and electric models.
Traton SE: Traton SE, a subsidiary of Volkswagen Group, encompasses brands like Scania, MAN, and Navistar. It is a major global manufacturer of heavy-duty trucks and buses, with a growing focus on electric drivetrains and connected vehicle solutions.
Get More information about the Major Players in Medium and Heavy Duty Commercial Vehicles Market
https://www.mordorintelligence.com/industry-reports/medium-and-heavy-duty-commercial-vehicles-market/companies?utm_source=openpr
Conclusion
The Medium and Heavy Duty Commercial Vehicles Market is positioned for steady growth through 2030, supported by rising demand from logistics, construction, and infrastructure development. While internal combustion engine vehicles continue to dominate the market, regulatory shifts and sustainability goals are accelerating the adoption of electric, hybrid, and alternative fuel-powered trucks. Asia-Pacific remains the leading region, driven by industrial activity and large-scale transportation needs, while Africa is emerging as a fast-growing market with increasing investment in infrastructure and trade.
For manufacturers and fleet operators, the next few years will require balancing the efficiency of traditional models with investments in new technologies to stay compliant and competitive. With logistics, mining, agriculture, and utilities demanding reliable and adaptable fleets, the market will continue to evolve, presenting opportunities for companies that innovate in both performance and sustainability.
Report Overview: https://www.mordorintelligence.com/industry-reports/medium-and-heavy-duty-commercial-vehicles-market?utm_source=openpr
Industry Related Reports
Mexico Heavy-Duty Truck Market: The Mexico Heavy-Duty Truck Market is segmented by Gross Vehicle Weight Rating (11.8 to 15 tons, 15 to 26 tons, and above 26 tons), Propulsion Type (Internal Combustion Engine and Electric), Axle Type (4x2, 6x4, and others), Truck Type (Rigid, Articulated, and others), Application (Construction & Mining and others), and Region (Northern Mexico and others). Market forecasts are presented in terms of both value (USD) and volume (units).
Get More Insights: https://www.mordorintelligence.com/industry-reports/mexico-heavy-duty-truck-market?utm_source=openpr
Europe Medium and Heavy-duty Commercial Vehicles Market: The Europe Medium and Heavy-Duty Commercial Vehicles Market is segmented by Vehicle Type (Commercial Vehicles), Propulsion Type (Hybrid and Electric Vehicles, and Internal Combustion Engine), and Country (Austria, Belgium, Czech Republic, Denmark, Estonia, France, Germany, Ireland, Italy, Norway, Poland, Russia, Spain, Sweden, the United Kingdom, and Rest of Europe). The report provides five years of historical data along with market forecasts.
Get More insights: https://www.mordorintelligence.com/industry-reports/europe-medium-and-heavy-duty-commercial-vehicles-market?utm_source=openpr
Saudi Arabia heavy duty truck market: The Saudi Arabia Heavy-Duty Truck Market is segmented by Gross Vehicle Weight Rating (16-26 tons, 26-40 tons, and above 40 tons), Propulsion (Internal Combustion Engine and others), Axle Type (4×2, 6×4, 6×2, and others), Truck Type (Rigid, Articulated, and others), Application (Construction & Mining, Freight & Logistics, and others), and Geography. Market forecasts are presented in terms of both value (USD) and volume (units).
Get More insights: https://www.mordorintelligence.com/industry-reports/saudi-arabia-heavy-duty-truck-market?utm_source=openpr
For any inquiries or to access the full report, please contact:
media@mordorintelligence.com
https://www.mordorintelligence.com/
Mordor Intelligence, 11th Floor, Rajapushpa Summit, Nanakramguda Rd, Financial District, Gachibowli, Hyderabad, Telangana - 500032, India
Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals.
With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics.
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