The global commercial vehicles market size is calculated at USD 576.88 billion in 2025 and is forecasted to reach around USD 910.05 billion by 2034, accelerating at a CAGR of 5.20% from 2025 to 2034. The North America market size surpassed USD 246.01 billion in 2024 and is expanding at a CAGR of 5.30% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
3.1. Market Snapshot
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
7.1. Commercial Vehicles Market, by Product Type
7.1.1. Light Commercial Vehicles (LCVs)
7.1.1.1. Market Revenue and Forecast
7.1.2. Buses & Coaches
7.1.2.1. Market Revenue and Forecast
7.1.3. Heavy Trucks
7.1.3.1. Market Revenue and Forecast
8.1. Commercial Vehicles Market, by End-User
8.1.1. Mining & Construction
8.1.1.1. Market Revenue and Forecast
8.1.2. Industrial
8.1.2.1. Market Revenue and Forecast
8.1.3. Passenger Transportation
8.1.3.1. Market Revenue and Forecast
8.1.4. Logistics
8.1.4.1. Market Revenue and Forecast
8.1.5. Others
8.1.5.1. Market Revenue and Forecast
9.1. North America
9.1.1. Market Revenue and Forecast, by Product
9.1.2. Market Revenue and Forecast, by End-User
9.1.3. U.S.
9.1.3.1. Market Revenue and Forecast, by Product
9.1.3.2. Market Revenue and Forecast, by End-User
9.1.4. Rest of North America
9.1.4.1. Market Revenue and Forecast, by Product
9.1.4.2. Market Revenue and Forecast, by End-User
9.2. Europe
9.2.1. Market Revenue and Forecast, by Product
9.2.2. Market Revenue and Forecast, by End-User
9.2.3. UK
9.2.3.1. Market Revenue and Forecast, by Product
9.2.3.2. Market Revenue and Forecast, by End-User
9.2.4. Germany
9.2.4.1. Market Revenue and Forecast, by Product
9.2.4.2. Market Revenue and Forecast, by End-User
9.2.5. France
9.2.5.1. Market Revenue and Forecast, by Product
9.2.5.2. Market Revenue and Forecast, by End-User
9.2.6. Rest of Europe
9.2.6.1. Market Revenue and Forecast, by Product
9.2.6.2. Market Revenue and Forecast, by End-User
9.3. APAC
9.3.1. Market Revenue and Forecast, by Product
9.3.2. Market Revenue and Forecast, by End-User
9.3.3. India
9.3.3.1. Market Revenue and Forecast, by Product
9.3.3.2. Market Revenue and Forecast, by End-User
9.3.4. China
9.3.4.1. Market Revenue and Forecast, by Product
9.3.4.2. Market Revenue and Forecast, by End-User
9.3.5. Japan
9.3.5.1. Market Revenue and Forecast, by Product
9.3.5.2. Market Revenue and Forecast, by End-User
9.3.6. Rest of APAC
9.3.6.1. Market Revenue and Forecast, by Product
9.3.6.2. Market Revenue and Forecast, by End-User
9.4. MEA
9.4.1. Market Revenue and Forecast, by Product
9.4.2. Market Revenue and Forecast, by End-User
9.4.3. GCC
9.4.3.1. Market Revenue and Forecast, by Product
9.4.3.2. Market Revenue and Forecast, by End-User
9.4.4. North Africa
9.4.4.1. Market Revenue and Forecast, by Product
9.4.4.2. Market Revenue and Forecast, by End-User
9.4.5. South Africa
9.4.5.1. Market Revenue and Forecast, by Product
9.4.5.2. Market Revenue and Forecast, by End-User
9.4.6. Rest of MEA
9.4.6.1. Market Revenue and Forecast, by Product
9.4.6.2. Market Revenue and Forecast, by End-User
9.5. Latin America
9.5.1. Market Revenue and Forecast, by Product
9.5.2. Market Revenue and Forecast, by End-User
9.5.3. Brazil
9.5.3.1. Market Revenue and Forecast, by Product
9.5.3.2. Market Revenue and Forecast, by End-User
9.5.4. Rest of LATAM
9.5.4.1. Market Revenue and Forecast, by Product
9.5.4.2. Market Revenue and Forecast, by End-User
10.1. Bosch Rexroth AG
10.1.1. Company Overview
10.1.2. Product Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. Ashok Leyland
10.2.1. Company Overview
10.2.2. Product Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. Daimler
10.3.1. Company Overview
10.3.2. Product Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. Toyota Motor Corporation
10.4.1. Company Overview
10.4.2. Product Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. Volkswagen AG
10.5.1. Company Overview
10.5.2. Product Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. Mahindra and Mahindra
10.6.1. Company Overview
10.6.2. Product Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. VOLVO
10.7.1. Company Overview
10.7.2. Product Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. TATA Motors
10.8.1. Company Overview
10.8.2. Product Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
10.9. General Motors
10.9.1. Company Overview
10.9.2. Product Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives
10.10. Golden Dragon
10.10.1. Company Overview
10.10.2. Product Offerings
10.10.3. Financial Performance
10.10.4. Recent Initiatives
11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions
12.1. About Us
12.2. Glossary of Terms
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