U.S. Commercial Vehicles Market Size, Share, and Trends 2024 to 2034

The U.S. commercial vehicles market size accounted for USD 223.19 billion in 2025 and is forecasted to hit around USD 364.99 billion by 2034, representing a CAGR of 6.80% from 2025 to 2034. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : March 2025
  • Report Code : 3775
  • Category : Automotive

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 US Commercial Vehicles Market 

5.1. COVID-19 Landscape: US Commercial Vehicles 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

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 US Commercial Vehicles Market, By Product

8.1. US Commercial Vehicles Market Revenue and Volume Forecast, by Product

8.1.1. Light Commercial Vehicles (LCVs)

8.1.1.1. Market Revenue and Volume Forecast

8.1.2. Buses & Coaches

8.1.2.1. Market Revenue and Volume Forecast

8.1.3. Heavy Trucks

8.1.3.1. Market Revenue and Volume Forecast

Chapter 9. Global US Commercial Vehicles Market, By End-use

9.1. US Commercial Vehicles Market Revenue and Volume Forecast, by End-use

9.1.1. Mining & Construction

9.1.1.1. Market Revenue and Volume Forecast

9.1.2. Industrial

9.1.2.1. Market Revenue and Volume Forecast

9.1.3. Passenger Transportation

9.1.3.1. Market Revenue and Volume Forecast

9.1.4. Logistics

9.1.4.1. Market Revenue and Volume Forecast

9.1.5. Others

9.1.5.1. Market Revenue and Volume Forecast

Chapter 10. Global US Commercial Vehicles Market, By Propulsion Type 

10.1. US Commercial Vehicles Market Revenue and Volume Forecast, by Propulsion Type

10.1.1. IC Engine

10.1.1.1. Market Revenue and Volume Forecast

10.1.2. Electric Vehicle

10.1.2.1. Market Revenue and Volume Forecast

Chapter 11. Global US Commercial Vehicles Market, By Power Source 

11.1. US Commercial Vehicles Market Revenue and Volume Forecast, by Power Source

11.1.1. Gasoline

11.1.1.1. Market Revenue and Volume Forecast

11.1.2. Diesel

11.1.2.1. Market Revenue and Volume Forecast

11.1.3. HEV/PHEV

11.1.3.1. Market Revenue and Volume Forecast

11.1.4. Battery Electric Vehicle (BEV)

11.1.4.1. Market Revenue and Volume Forecast

11.1.5. Fuel Cell Vehicle

11.1.5.1. Market Revenue and Volume Forecast

11.1.6. LPG & Natural Gas

11.1.6.1. Market Revenue and Volume Forecast

Chapter 12. Global US Commercial Vehicles Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Volume Forecast, by Product

12.1.2. Market Revenue and Volume Forecast, by End-use

12.1.3. Market Revenue and Volume Forecast, by Propulsion Type

12.1.4. Market Revenue and Volume Forecast, by Power Source

12.1.5. U.S.

12.1.5.1. Market Revenue and Volume Forecast, by Product

12.1.5.2. Market Revenue and Volume Forecast, by End-use

12.1.5.3. Market Revenue and Volume Forecast, by Propulsion Type

12.1.5.4. Market Revenue and Volume Forecast, by Power Source

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Volume Forecast, by Product

12.1.6.2. Market Revenue and Volume Forecast, by End-use

12.1.6.3. Market Revenue and Volume Forecast, by Propulsion Type

12.1.6.4. Market Revenue and Volume Forecast, by Power Source

12.2. Europe

12.2.1. Market Revenue and Volume Forecast, by Product

12.2.2. Market Revenue and Volume Forecast, by End-use

12.2.3. Market Revenue and Volume Forecast, by Propulsion Type

12.2.4. Market Revenue and Volume Forecast, by Power Source

12.2.5. UK

12.2.5.1. Market Revenue and Volume Forecast, by Product

12.2.5.2. Market Revenue and Volume Forecast, by End-use

12.2.5.3. Market Revenue and Volume Forecast, by Propulsion Type

12.2.5.4. Market Revenue and Volume Forecast, by Power Source

12.2.6. Germany

12.2.6.1. Market Revenue and Volume Forecast, by Product

12.2.6.2. Market Revenue and Volume Forecast, by End-use

12.2.6.3. Market Revenue and Volume Forecast, by Propulsion Type

12.2.6.4. Market Revenue and Volume Forecast, by Power Source

12.2.7. France

12.2.7.1. Market Revenue and Volume Forecast, by Product

12.2.7.2. Market Revenue and Volume Forecast, by End-use

12.2.7.3. Market Revenue and Volume Forecast, by Propulsion Type

12.2.7.4. Market Revenue and Volume Forecast, by Power Source

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Volume Forecast, by Product

12.2.8.2. Market Revenue and Volume Forecast, by End-use

12.2.8.3. Market Revenue and Volume Forecast, by Propulsion Type

12.2.8.4. Market Revenue and Volume Forecast, by Power Source

12.3. APAC

12.3.1. Market Revenue and Volume Forecast, by Product

12.3.2. Market Revenue and Volume Forecast, by End-use

12.3.3. Market Revenue and Volume Forecast, by Propulsion Type

12.3.4. Market Revenue and Volume Forecast, by Power Source

12.3.5. India

12.3.5.1. Market Revenue and Volume Forecast, by Product

12.3.5.2. Market Revenue and Volume Forecast, by End-use

12.3.5.3. Market Revenue and Volume Forecast, by Propulsion Type

12.3.5.4. Market Revenue and Volume Forecast, by Power Source

12.3.6. China

12.3.6.1. Market Revenue and Volume Forecast, by Product

12.3.6.2. Market Revenue and Volume Forecast, by End-use

12.3.6.3. Market Revenue and Volume Forecast, by Propulsion Type

12.3.6.4. Market Revenue and Volume Forecast, by Power Source

12.3.7. Japan

12.3.7.1. Market Revenue and Volume Forecast, by Product

12.3.7.2. Market Revenue and Volume Forecast, by End-use

12.3.7.3. Market Revenue and Volume Forecast, by Propulsion Type

12.3.7.4. Market Revenue and Volume Forecast, by Power Source

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Volume Forecast, by Product

12.3.8.2. Market Revenue and Volume Forecast, by End-use

12.3.8.3. Market Revenue and Volume Forecast, by Propulsion Type

12.3.8.4. Market Revenue and Volume Forecast, by Power Source

12.4. MEA

12.4.1. Market Revenue and Volume Forecast, by Product

12.4.2. Market Revenue and Volume Forecast, by End-use

12.4.3. Market Revenue and Volume Forecast, by Propulsion Type

12.4.4. Market Revenue and Volume Forecast, by Power Source

12.4.5. GCC

12.4.5.1. Market Revenue and Volume Forecast, by Product

12.4.5.2. Market Revenue and Volume Forecast, by End-use

12.4.5.3. Market Revenue and Volume Forecast, by Propulsion Type

12.4.5.4. Market Revenue and Volume Forecast, by Power Source

12.4.6. North Africa

12.4.6.1. Market Revenue and Volume Forecast, by Product

12.4.6.2. Market Revenue and Volume Forecast, by End-use

12.4.6.3. Market Revenue and Volume Forecast, by Propulsion Type

12.4.6.4. Market Revenue and Volume Forecast, by Power Source

12.4.7. South Africa

12.4.7.1. Market Revenue and Volume Forecast, by Product

12.4.7.2. Market Revenue and Volume Forecast, by End-use

12.4.7.3. Market Revenue and Volume Forecast, by Propulsion Type

12.4.7.4. Market Revenue and Volume Forecast, by Power Source

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Volume Forecast, by Product

12.4.8.2. Market Revenue and Volume Forecast, by End-use

12.4.8.3. Market Revenue and Volume Forecast, by Propulsion Type

12.4.8.4. Market Revenue and Volume Forecast, by Power Source

12.5. Latin America

12.5.1. Market Revenue and Volume Forecast, by Product

12.5.2. Market Revenue and Volume Forecast, by End-use

12.5.3. Market Revenue and Volume Forecast, by Propulsion Type

12.5.4. Market Revenue and Volume Forecast, by Power Source

12.5.5. Brazil

12.5.5.1. Market Revenue and Volume Forecast, by Product

12.5.5.2. Market Revenue and Volume Forecast, by End-use

12.5.5.3. Market Revenue and Volume Forecast, by Propulsion Type

12.5.5.4. Market Revenue and Volume Forecast, by Power Source

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Volume Forecast, by Product

12.5.6.2. Market Revenue and Volume Forecast, by End-use

12.5.6.3. Market Revenue and Volume Forecast, by Propulsion Type

12.5.6.4. Market Revenue and Volume Forecast, by Power Source

Chapter 13. Company Profiles

13.1. Ford Motor Company

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Daimler Trucks North America

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Hino Motors, Ltd.

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. GM motors

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. ISUZU COMMERCIAL TRUCKS

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Paccar Inc

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Navistar International Transportation Corporation

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Toyota motor corporation

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Volvo Group

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. ZF Friedrichshafen AG

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 U.S. commercial vehicles market size is expected to increase USD 364.99 billion by 2034 from USD 213.35 billion in 2024.

The U.S. commercial vehicles market will register growth rate of 6.80% between 2025 and 2034.

The major players operating in the U.S. commercial vehicles market are Ford Motor Company, Daimler Trucks North America, Hino Motors, Ltd., GM motors, ISUZU COMMERCIAL TRUCKS, Paccar Inc, Navistar International Transportation Corporation, Toyota motor corporation, Volvo Group, ZF Friedrichshafen AG, and Others.

The driving factors of the U.S. commercial vehicles market are the growth of online delivery services for groceries and perishable commodities.

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