Commercial Vehicle Market - Top Companies and Manufacturers

  • Report ID: 4429
  • Published Date: Jun 13, 2024
  • Report Format: PDF, PPT

Companies Dominating the Commercial Vehicle Landscape

top-features-companies
    • Volvo Group
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Tata Motors Limited
    • Daimler Truck AG
    • Mahindra & Mahindra Limited
    • Paccat Inc.
    • Hino Motors Ltd.
    • Volkswagen AG
    • Scania CV AB
    • Robert Bosch GmbH
    • Ashok Leyland

Browse Key Market Insights with Data Illustration:

In the News

  • Volvo Group revealed an extended range for Volvo’s battery electric trucks, a new fully electric rear axle, which is spaced up for more batteries.
  • Tata Motors Limited unveiled an extensive and comprehensive range of 21 new commercial vehicles added to Tata Motors' established “Power of 6” benefit proposition to address specific usage and applications while delivering higher productivity and lower total cost of ownership. They were designed and engineered to cater to the evolving needs of cargo and people transport across segments and applications (TCO).

Author Credits:  Saima Khursheed


  • Report ID: 4429
  • Published Date: Jun 13, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of commercial vehicle is evaluated at USD 1.09 Trillion.

The commercial vehicle market size was valued at USD 1.01 Trillion in 2023 and is projected to exceed USD 2.87 Trillion by the end of 2036, registering over 7.9% CAGR during the forecast period i.e., between 2024-2036. The growing rate of urbanization and the rise in demand for light commercial vehicles are some of the major factors anticipated to drive the growth of the market.

North America industry is set to account for the largest share of 34% by 2036, led by the rising presence of a strong transportation network in the region.

Volvo Group, Tata Motors Limited, Daimler Truck AG, Mahindra & Mahindra Limited, Paccat Inc., Hino Motors Ltd., Volkswagen AG, Scania CV AB, Robert Bosch GmbH, Ashok Leyland
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