Heavy Duty (HD) Truck Market Size, Share, Trends, Growth 2034
Heavy Duty (HD) Truck Market By Truck Type (Rigid, Articulated, and Others), By Tonnage Type (10 to 15 Metric Ton and More than 15 Metric Ton), By Propulsion (IC Engine, Electric, and FCEV), By Application (Construction and Mining, Freight and Logistics, Long Haul, and Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034
Category: Automotive Report Format : PDF
Pages: 216 Report Code: ZMR-10105
Published Date: Dec-2025 Status : Published
| Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 308 Billion | USD 478 Billion | 4.5% | 2024 |
Table Of Content
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market research methodology
- Chapter 2. Executive Summary
- 2.1 Global Heavy Duty (HD) Truck Market, (2025 - 2034) (USD Billion )
- 2.2 Global Heavy Duty (HD) Truck Market : snapshot
- Chapter 3. Global Heavy Duty (HD) Truck Market - Industry Analysis
- 3.1 Heavy Duty (HD) Truck Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 The surge in freight demand
- 3.2.2 logistics & e-commerce expansion drive the heavy duty truck market growth
- 3.3 Market Restraints
- 3.3.1. The high cost of heavy-duty trucks impede the growth of the heavy duty truck market
- 3.4 Market Opportunities
- 3.4.1. The growing launch of electric trucks offer a potential opportunity for the heavy duty truck industry growth
- 3.5 Market Challenges
- 3.5.1. High procedural cost for patients poses a major challenge to market expansion
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market attractiveness analysis By Truck Type
- 3.7.2 Market attractiveness analysis By Tonnage Type
- 3.7.3 Market attractiveness analysis By Propulsion
- 3.7.4 Market attractiveness analysis By Application
- Chapter 4. Global Heavy Duty (HD) Truck Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Heavy Duty (HD) Truck Market: company market share, 2024
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Heavy Duty (HD) Truck Market - Truck Type Analysis
- 5.1 Global Heavy Duty (HD) Truck Market overview: By Truck Type
- 5.1.1 Global Heavy Duty (HD) Truck Market share, By Truck Type, 2024 and 2034
- 5.2 Rigid
- 5.2.1 Global Heavy Duty (HD) Truck Market by Rigid, 2025 - 2034 (USD Billion )
- 5.3 Articulated
- 5.3.1 Global Heavy Duty (HD) Truck Market by Articulated, 2025 - 2034 (USD Billion )
- 5.4 Others
- 5.4.1 Global Heavy Duty (HD) Truck Market by Others, 2025 - 2034 (USD Billion )
- 5.1 Global Heavy Duty (HD) Truck Market overview: By Truck Type
- Chapter 6. Global Heavy Duty (HD) Truck Market - Tonnage Type Analysis
- 6.1 Global Heavy Duty (HD) Truck Market overview: By Tonnage Type
- 6.1.1 Global Heavy Duty (HD) Truck Market share, By Tonnage Type, 2024 and 2034
- 6.2 10 to 15 metric ton
- 6.2.1 Global Heavy Duty (HD) Truck Market by 10 to 15 metric ton, 2025 - 2034 (USD Billion )
- 6.3 More than 15 metric ton
- 6.3.1 Global Heavy Duty (HD) Truck Market by More than 15 metric ton, 2025 - 2034 (USD Billion )
- 6.1 Global Heavy Duty (HD) Truck Market overview: By Tonnage Type
- Chapter 7. Global Heavy Duty (HD) Truck Market - Propulsion Analysis
- 7.1 Global Heavy Duty (HD) Truck Market overview: By Propulsion
- 7.1.1 Global Heavy Duty (HD) Truck Market share, By Propulsion, 2024 and 2034
- 7.2 IC Engine
- 7.2.1 Global Heavy Duty (HD) Truck Market by IC Engine, 2025 - 2034 (USD Billion )
- 7.3 Electric
- 7.3.1 Global Heavy Duty (HD) Truck Market by Electric, 2025 - 2034 (USD Billion )
- 7.4 FCEV
- 7.4.1 Global Heavy Duty (HD) Truck Market by FCEV, 2025 - 2034 (USD Billion )
- 7.1 Global Heavy Duty (HD) Truck Market overview: By Propulsion
- Chapter 8. Global Heavy Duty (HD) Truck Market - Application Analysis
- 8.1 Global Heavy Duty (HD) Truck Market overview: By Application
- 8.1.1 Global Heavy Duty (HD) Truck Market share, By Application, 2024 and 2034
- 8.2 Construction and Mining
- 8.2.1 Global Heavy Duty (HD) Truck Market by Construction and Mining, 2025 - 2034 (USD Billion )
- 8.3 Freight and Logistics
- 8.3.1 Global Heavy Duty (HD) Truck Market by Freight and Logistics, 2025 - 2034 (USD Billion )
- 8.4 Freight and Logistics
- 8.4.1 Global Heavy Duty (HD) Truck Market by Freight and Logistics, 2025 - 2034 (USD Billion )
- 8.5 Long Haul
- 8.5.1 Global Heavy Duty (HD) Truck Market by Long Haul, 2025 - 2034 (USD Billion )
- 8.6 Others
- 8.6.1 Global Heavy Duty (HD) Truck Market by Others, 2025 - 2034 (USD Billion )
- 8.1 Global Heavy Duty (HD) Truck Market overview: By Application
- Chapter 9. Heavy Duty (HD) Truck Market - Regional Analysis
- 9.1 Global Heavy Duty (HD) Truck Market Regional Overview
- 9.2 Global Heavy Duty (HD) Truck Market Share, by Region, 2024 & 2034 (USD Billion )
- 9.3. North America
- 9.3.1 North America Heavy Duty (HD) Truck Market, 2025 - 2034 (USD Billion )
- 9.3.1.1 North America Heavy Duty (HD) Truck Market, by Country, 2025 - 2034 (USD Billion )
- 9.3.1 North America Heavy Duty (HD) Truck Market, 2025 - 2034 (USD Billion )
- 9.4 North America Heavy Duty (HD) Truck Market, by Truck Type, 2025 - 2034
- 9.4.1 North America Heavy Duty (HD) Truck Market, by Truck Type, 2025 - 2034 (USD Billion )
- 9.5 North America Heavy Duty (HD) Truck Market, by Tonnage Type, 2025 - 2034
- 9.5.1 North America Heavy Duty (HD) Truck Market, by Tonnage Type, 2025 - 2034 (USD Billion )
- 9.6 North America Heavy Duty (HD) Truck Market, by Propulsion, 2025 - 2034
- 9.6.1 North America Heavy Duty (HD) Truck Market, by Propulsion, 2025 - 2034 (USD Billion )
- 9.7 North America Heavy Duty (HD) Truck Market, by Application, 2025 - 2034
- 9.7.1 North America Heavy Duty (HD) Truck Market, by Application, 2025 - 2034 (USD Billion )
- 9.4. Europe
- 9.4.2 Europe Heavy Duty (HD) Truck Market, 2025 - 2034 (USD Billion )
- 9.4.2.1 Europe Heavy Duty (HD) Truck Market, by Country, 2025 - 2034 (USD Billion )
- 9.4.2 Europe Heavy Duty (HD) Truck Market, 2025 - 2034 (USD Billion )
- 9.4 Europe Heavy Duty (HD) Truck Market, by Truck Type, 2025 - 2034
- 9.4.1 Europe Heavy Duty (HD) Truck Market, by Truck Type, 2025 - 2034 (USD Billion )
- 9.5 Europe Heavy Duty (HD) Truck Market, by Tonnage Type, 2025 - 2034
- 9.5.1 Europe Heavy Duty (HD) Truck Market, by Tonnage Type, 2025 - 2034 (USD Billion )
- 9.6 Europe Heavy Duty (HD) Truck Market, by Propulsion, 2025 - 2034
- 9.6.1 Europe Heavy Duty (HD) Truck Market, by Propulsion, 2025 - 2034 (USD Billion )
- 9.7 Europe Heavy Duty (HD) Truck Market, by Application, 2025 - 2034
- 9.7.1 Europe Heavy Duty (HD) Truck Market, by Application, 2025 - 2034 (USD Billion )
- 9.5. Asia Pacific
- 9.5.3 Asia Pacific Heavy Duty (HD) Truck Market, 2025 - 2034 (USD Billion )
- 9.5.3.1 Asia Pacific Heavy Duty (HD) Truck Market, by Country, 2025 - 2034 (USD Billion )
- 9.5.3 Asia Pacific Heavy Duty (HD) Truck Market, 2025 - 2034 (USD Billion )
- 9.4 Asia Pacific Heavy Duty (HD) Truck Market, by Truck Type, 2025 - 2034
- 9.4.1 Asia Pacific Heavy Duty (HD) Truck Market, by Truck Type, 2025 - 2034 (USD Billion )
- 9.5 Asia Pacific Heavy Duty (HD) Truck Market, by Tonnage Type, 2025 - 2034
- 9.5.1 Asia Pacific Heavy Duty (HD) Truck Market, by Tonnage Type, 2025 - 2034 (USD Billion )
- 9.6 Asia Pacific Heavy Duty (HD) Truck Market, by Propulsion, 2025 - 2034
- 9.6.1 Asia Pacific Heavy Duty (HD) Truck Market, by Propulsion, 2025 - 2034 (USD Billion )
- 9.7 Asia Pacific Heavy Duty (HD) Truck Market, by Application, 2025 - 2034
- 9.7.1 Asia Pacific Heavy Duty (HD) Truck Market, by Application, 2025 - 2034 (USD Billion )
- 9.6. Latin America
- 9.6.4 Latin America Heavy Duty (HD) Truck Market, 2025 - 2034 (USD Billion )
- 9.6.4.1 Latin America Heavy Duty (HD) Truck Market, by Country, 2025 - 2034 (USD Billion )
- 9.6.4 Latin America Heavy Duty (HD) Truck Market, 2025 - 2034 (USD Billion )
- 9.4 Latin America Heavy Duty (HD) Truck Market, by Truck Type, 2025 - 2034
- 9.4.1 Latin America Heavy Duty (HD) Truck Market, by Truck Type, 2025 - 2034 (USD Billion )
- 9.5 Latin America Heavy Duty (HD) Truck Market, by Tonnage Type, 2025 - 2034
- 9.5.1 Latin America Heavy Duty (HD) Truck Market, by Tonnage Type, 2025 - 2034 (USD Billion )
- 9.6 Latin America Heavy Duty (HD) Truck Market, by Propulsion, 2025 - 2034
- 9.6.1 Latin America Heavy Duty (HD) Truck Market, by Propulsion, 2025 - 2034 (USD Billion )
- 9.7 Latin America Heavy Duty (HD) Truck Market, by Application, 2025 - 2034
- 9.7.1 Latin America Heavy Duty (HD) Truck Market, by Application, 2025 - 2034 (USD Billion )
- 9.7. The Middle-East and Africa
- 9.7.5 The Middle-East and Africa Heavy Duty (HD) Truck Market, 2025 - 2034 (USD Billion )
- 9.7.5.1 The Middle-East and Africa Heavy Duty (HD) Truck Market, by Country, 2025 - 2034 (USD Billion )
- 9.7.5 The Middle-East and Africa Heavy Duty (HD) Truck Market, 2025 - 2034 (USD Billion )
- 9.4 The Middle-East and Africa Heavy Duty (HD) Truck Market, by Truck Type, 2025 - 2034
- 9.4.1 The Middle-East and Africa Heavy Duty (HD) Truck Market, by Truck Type, 2025 - 2034 (USD Billion )
- 9.5 The Middle-East and Africa Heavy Duty (HD) Truck Market, by Tonnage Type, 2025 - 2034
- 9.5.1 The Middle-East and Africa Heavy Duty (HD) Truck Market, by Tonnage Type, 2025 - 2034 (USD Billion )
- 9.6 The Middle-East and Africa Heavy Duty (HD) Truck Market, by Propulsion, 2025 - 2034
- 9.6.1 The Middle-East and Africa Heavy Duty (HD) Truck Market, by Propulsion, 2025 - 2034 (USD Billion )
- 9.7 The Middle-East and Africa Heavy Duty (HD) Truck Market, by Application, 2025 - 2034
- 9.7.1 The Middle-East and Africa Heavy Duty (HD) Truck Market, by Application, 2025 - 2034 (USD Billion )
- Chapter 10. Company Profiles
- 10.1 MAN, Tata Motors, Eicher Motors Ltd, Scania, China National Heavy Duty Truck Group Co. Ltd, Freightliner, Ashok Leyland, Dongfeng Commercial Vehicle Company Limited, AB Volvo, Isuzu Motors Limited, PACCAR Inc., NAVISTAR INC., and others.
- 10.1.1 Overview
- 10.1.2 Financials
- 10.1.3 Product Portfolio
- 10.1.4 Business Strategy
- 10.1.5 Recent Developments
- 10.1 MAN, Tata Motors, Eicher Motors Ltd, Scania, China National Heavy Duty Truck Group Co. Ltd, Freightliner, Ashok Leyland, Dongfeng Commercial Vehicle Company Limited, AB Volvo, Isuzu Motors Limited, PACCAR Inc., NAVISTAR INC., and others.
Table Of Figures
- 1. Market research Type
- 2. Market research methodology
- 3. Global Heavy Duty (HD) Truck Market, 2025 - 2034 (USD Billion )
- 4. Porter’s Five Forces Analysis
- 5. Global Heavy Duty (HD) Truck Market attractiveness, By Truck Type
- 6. Global Heavy Duty (HD) Truck Market attractiveness, By Tonnage Type
- 7. Global Heavy Duty (HD) Truck Market attractiveness, By Propulsion
- 8. Global Heavy Duty (HD) Truck Market attractiveness, By Application
- 9. Global Heavy Duty (HD) Truck Market share by Truck Type, 2025 and 2034 (USD Billion )
- 10. Global Heavy Duty (HD) Truck Market by Rigid, 2025 - 2034 (USD Billion )
- 11. Global Heavy Duty (HD) Truck Market by Articulated, 2025 - 2034 (USD Billion )
- 12. Global Heavy Duty (HD) Truck Market by Others, 2025 - 2034 (USD Billion )
- 13. Global Heavy Duty (HD) Truck Market share by Tonnage Type, 2025 and 2034 (USD Billion )
- 14. Global Heavy Duty (HD) Truck Market by 10 to 15 metric ton, 2025 - 2034 (USD Billion )
- 15. Global Heavy Duty (HD) Truck Market by More than 15 metric ton, 2025 - 2034 (USD Billion )
- 16. Global Heavy Duty (HD) Truck Market share by Propulsion, 2025 and 2034 (USD Billion )
- 17. Global Heavy Duty (HD) Truck Market by IC Engine, 2025 - 2034 (USD Billion )
- 18. Global Heavy Duty (HD) Truck Market by Electric, 2025 - 2034 (USD Billion )
- 19. Global Heavy Duty (HD) Truck Market by FCEV, 2025 - 2034 (USD Billion )
- 20. Global Heavy Duty (HD) Truck Market share by Application, 2025 and 2034 (USD Billion )
- 21. Global Heavy Duty (HD) Truck Market by Construction and Mining, 2025 - 2034 (USD Billion )
- 22. Global Heavy Duty (HD) Truck Market by Freight and Logistics, 2025 - 2034 (USD Billion )
- 23. Global Heavy Duty (HD) Truck Market by Freight and Logistics, 2025 - 2034 (USD Billion )
- 24. Global Heavy Duty (HD) Truck Market by Long Haul, 2025 - 2034 (USD Billion )
- 25. Global Heavy Duty (HD) Truck Market by Others, 2025 - 2034 (USD Billion )
- 26. Global Heavy Duty (HD) Truck Market share, by Region, 2025 and 2034
- 27. North America Heavy Duty (HD) Truck Market, 2025 - 2034 (USD Billion )
- 28. Europe Heavy Duty (HD) Truck Market, 2025 - 2034 (USD Billion )
- 29. Asia Pacific Heavy Duty (HD) Truck Market, 2025 - 2034 (USD Billion )
- 30. Latin America Heavy Duty (HD) Truck Market, 2025 - 2034 (USD Billion )
- 31. The Middle-East and Africa Heavy Duty (HD) Truck Market, 2025 - 2034 (USD Billion )
Table Of Tables
- 1. Global Heavy Duty (HD) Truck Market: Snapshot
- 2. Drivers of the Heavy Duty (HD) Truck Market: impact analysis
- 3. North America Heavy Duty (HD) Truck Market revenue, By Truck Type, 2025 - 2034 (USD Billion )
- 4. North America Heavy Duty (HD) Truck Market revenue, By Tonnage Type, 2025 - 2034 (USD Billion )
- 5. North America Heavy Duty (HD) Truck Market revenue, By Propulsion, 2025 - 2034 (USD Billion )
- 6. North America Heavy Duty (HD) Truck Market revenue, By Application, 2025 - 2034 (USD Billion )
- 7. U.S. Heavy Duty (HD) Truck Market revenue, By Truck Type, 2025 - 2034 (USD Billion )
- 8. U.S. Heavy Duty (HD) Truck Market revenue, By Tonnage Type, 2025 - 2034 (USD Billion )
- 9. U.S. Heavy Duty (HD) Truck Market revenue, By Propulsion, 2025 - 2034 (USD Billion )
- 10. U.S. Heavy Duty (HD) Truck Market revenue, By Application, 2025 - 2034 (USD Billion )
- 11. Canada Heavy Duty (HD) Truck Market revenue, By Truck Type, 2025 - 2034 (USD Billion )
- 12. Canada Heavy Duty (HD) Truck Market revenue, By Tonnage Type, 2025 - 2034 (USD Billion )
- 13. Canada Heavy Duty (HD) Truck Market revenue, By Propulsion, 2025 - 2034 (USD Billion )
- 14. Canada Heavy Duty (HD) Truck Market revenue, By Application, 2025 - 2034 (USD Billion )
- 15. Europe Heavy Duty (HD) Truck Market revenue, By Truck Type, 2025 - 2034 (USD Billion )
- 16. Europe Heavy Duty (HD) Truck Market revenue, By Tonnage Type, 2025 - 2034 (USD Billion )
- 17. Europe Heavy Duty (HD) Truck Market revenue, By Propulsion, 2025 - 2034 (USD Billion )
- 18. Europe Heavy Duty (HD) Truck Market revenue, By Application, 2025 - 2034 (USD Billion )
- 19. Germany Heavy Duty (HD) Truck Market revenue, By Truck Type, 2025 - 2034 (USD Billion )
- 20. Germany Heavy Duty (HD) Truck Market revenue, By Tonnage Type, 2025 - 2034 (USD Billion )
- 21. Germany Heavy Duty (HD) Truck Market revenue, By Propulsion, 2025 - 2034 (USD Billion )
- 22. Germany Heavy Duty (HD) Truck Market revenue, By Application, 2025 - 2034 (USD Billion )
- 23. France Heavy Duty (HD) Truck Market revenue, By Truck Type, 2025 - 2034 (USD Billion )
- 24. France Heavy Duty (HD) Truck Market revenue, By Tonnage Type, 2025 - 2034 (USD Billion )
- 25. France Heavy Duty (HD) Truck Market revenue, By Propulsion, 2025 - 2034 (USD Billion )
- 26. France Heavy Duty (HD) Truck Market revenue, By Application, 2025 - 2034 (USD Billion )
- 27. U.K. Heavy Duty (HD) Truck Market revenue, By Truck Type, 2025 - 2034 (USD Billion )
- 28. U.K. Heavy Duty (HD) Truck Market revenue, By Tonnage Type, 2025 - 2034 (USD Billion )
- 29. U.K. Heavy Duty (HD) Truck Market revenue, By Propulsion, 2025 - 2034 (USD Billion )
- 30. U.K. Heavy Duty (HD) Truck Market revenue, By Application, 2025 - 2034 (USD Billion )
- 31. Italy Heavy Duty (HD) Truck Market revenue, By Truck Type, 2025 - 2034 (USD Billion )
- 32. Italy Heavy Duty (HD) Truck Market revenue, By Tonnage Type, 2025 - 2034 (USD Billion )
- 33. Italy Heavy Duty (HD) Truck Market revenue, By Propulsion, 2025 - 2034 (USD Billion )
- 34. Italy Heavy Duty (HD) Truck Market revenue, By Application, 2025 - 2034 (USD Billion )
- 35. Spain Heavy Duty (HD) Truck Market revenue, By Truck Type, 2025 - 2034 (USD Billion )
- 36. Spain Heavy Duty (HD) Truck Market revenue, By Tonnage Type, 2025 - 2034 (USD Billion )
- 37. Spain Heavy Duty (HD) Truck Market revenue, By Propulsion, 2025 - 2034 (USD Billion )
- 38. Spain Heavy Duty (HD) Truck Market revenue, By Application, 2025 - 2034 (USD Billion )
- 39. Rest of Europe Heavy Duty (HD) Truck Market revenue, By Truck Type, 2025 - 2034 (USD Billion )
- 40. Rest of Europe Heavy Duty (HD) Truck Market revenue, By Tonnage Type, 2025 - 2034 (USD Billion )
- 41. Rest of Europe Heavy Duty (HD) Truck Market revenue, By Propulsion, 2025 - 2034 (USD Billion )
- 42. Rest of Europe Heavy Duty (HD) Truck Market revenue, By Application, 2025 - 2034 (USD Billion )
- 43. Asia Pacific Heavy Duty (HD) Truck Market revenue, By Truck Type, 2025 - 2034 (USD Billion )
- 44. Asia Pacific Heavy Duty (HD) Truck Market revenue, By Tonnage Type, 2025 - 2034 (USD Billion )
- 45. Asia Pacific Heavy Duty (HD) Truck Market revenue, By Propulsion, 2025 - 2034 (USD Billion )
- 46. Asia Pacific Heavy Duty (HD) Truck Market revenue, By Application, 2025 - 2034 (USD Billion )
- 47. China Heavy Duty (HD) Truck Market revenue, By Truck Type, 2025 - 2034 (USD Billion )
- 48. China Heavy Duty (HD) Truck Market revenue, By Tonnage Type, 2025 - 2034 (USD Billion )
- 49. China Heavy Duty (HD) Truck Market revenue, By Propulsion, 2025 - 2034 (USD Billion )
- 50. China Heavy Duty (HD) Truck Market revenue, By Application, 2025 - 2034 (USD Billion )
- 51. Japan Heavy Duty (HD) Truck Market revenue, By Truck Type, 2025 - 2034 (USD Billion )
- 52. Japan Heavy Duty (HD) Truck Market revenue, By Tonnage Type, 2025 - 2034 (USD Billion )
- 53. Japan Heavy Duty (HD) Truck Market revenue, By Propulsion, 2025 - 2034 (USD Billion )
- 54. Japan Heavy Duty (HD) Truck Market revenue, By Application, 2025 - 2034 (USD Billion )
- 55. India Heavy Duty (HD) Truck Market revenue, By Truck Type, 2025 - 2034 (USD Billion )
- 56. India Heavy Duty (HD) Truck Market revenue, By Tonnage Type, 2025 - 2034 (USD Billion )
- 57. India Heavy Duty (HD) Truck Market revenue, By Propulsion, 2025 - 2034 (USD Billion )
- 58. India Heavy Duty (HD) Truck Market revenue, By Application, 2025 - 2034 (USD Billion )
- 59. South Korea Heavy Duty (HD) Truck Market revenue, By Truck Type, 2025 - 2034 (USD Billion )
- 60. South Korea Heavy Duty (HD) Truck Market revenue, By Tonnage Type, 2025 - 2034 (USD Billion )
- 61. South Korea Heavy Duty (HD) Truck Market revenue, By Propulsion, 2025 - 2034 (USD Billion )
- 62. South Korea Heavy Duty (HD) Truck Market revenue, By Application, 2025 - 2034 (USD Billion )
- 63. South-East Asia Heavy Duty (HD) Truck Market revenue, By Truck Type, 2025 - 2034 (USD Billion )
- 64. South-East Asia Heavy Duty (HD) Truck Market revenue, By Tonnage Type, 2025 - 2034 (USD Billion )
- 65. South-East Asia Heavy Duty (HD) Truck Market revenue, By Propulsion, 2025 - 2034 (USD Billion )
- 66. South-East Asia Heavy Duty (HD) Truck Market revenue, By Application, 2025 - 2034 (USD Billion )
- 67. Rest of Asia Pacific Heavy Duty (HD) Truck Market revenue, By Truck Type, 2025 - 2034 (USD Billion )
- 68. Rest of Asia Pacific Heavy Duty (HD) Truck Market revenue, By Tonnage Type, 2025 - 2034 (USD Billion )
- 69. Rest of Asia Pacific Heavy Duty (HD) Truck Market revenue, By Propulsion, 2025 - 2034 (USD Billion )
- 70. Rest of Asia Pacific Heavy Duty (HD) Truck Market revenue, By Application, 2025 - 2034 (USD Billion )
- 71. Latin America Heavy Duty (HD) Truck Market revenue, By Truck Type, 2025 - 2034 (USD Billion )
- 72. Latin America Heavy Duty (HD) Truck Market revenue, By Tonnage Type, 2025 - 2034 (USD Billion )
- 73. Latin America Heavy Duty (HD) Truck Market revenue, By Propulsion, 2025 - 2034 (USD Billion )
- 74. Latin America Heavy Duty (HD) Truck Market revenue, By Application, 2025 - 2034 (USD Billion )
- 75. Brazil Heavy Duty (HD) Truck Market revenue, By Truck Type, 2025 - 2034 (USD Billion )
- 76. Brazil Heavy Duty (HD) Truck Market revenue, By Tonnage Type, 2025 - 2034 (USD Billion )
- 77. Brazil Heavy Duty (HD) Truck Market revenue, By Propulsion, 2025 - 2034 (USD Billion )
- 78. Brazil Heavy Duty (HD) Truck Market revenue, By Application, 2025 - 2034 (USD Billion )
- 79. Mexico Heavy Duty (HD) Truck Market revenue, By Truck Type, 2025 - 2034 (USD Billion )
- 80. Mexico Heavy Duty (HD) Truck Market revenue, By Tonnage Type, 2025 - 2034 (USD Billion )
- 81. Mexico Heavy Duty (HD) Truck Market revenue, By Propulsion, 2025 - 2034 (USD Billion )
- 82. Mexico Heavy Duty (HD) Truck Market revenue, By Application, 2025 - 2034 (USD Billion )
- 83. Rest of Latin America Heavy Duty (HD) Truck Market revenue, By Truck Type, 2025 - 2034 (USD Billion )
- 84. Rest of Latin America Heavy Duty (HD) Truck Market revenue, By Tonnage Type, 2025 - 2034 (USD Billion )
- 85. Rest of Latin America Heavy Duty (HD) Truck Market revenue, By Propulsion, 2025 - 2034 (USD Billion )
- 86. Rest of Latin America Heavy Duty (HD) Truck Market revenue, By Application, 2025 - 2034 (USD Billion )
- 87. The Middle-East and Africa Heavy Duty (HD) Truck Market revenue, By Truck Type, 2025 - 2034 (USD Billion )
- 88. The Middle-East and Africa Heavy Duty (HD) Truck Market revenue, By Tonnage Type, 2025 - 2034 (USD Billion )
- 89. The Middle-East and Africa Heavy Duty (HD) Truck Market revenue, By Propulsion, 2025 - 2034 (USD Billion )
- 90. The Middle-East and Africa Heavy Duty (HD) Truck Market revenue, By Application, 2025 - 2034 (USD Billion )
- 91. GCC Countries Heavy Duty (HD) Truck Market revenue, By Truck Type, 2025 - 2034 (USD Billion )
- 92. GCC Countries Heavy Duty (HD) Truck Market revenue, By Tonnage Type, 2025 - 2034 (USD Billion )
- 93. GCC Countries Heavy Duty (HD) Truck Market revenue, By Propulsion, 2025 - 2034 (USD Billion )
- 94. GCC Countries Heavy Duty (HD) Truck Market revenue, By Application, 2025 - 2034 (USD Billion )
- 95. South Africa Heavy Duty (HD) Truck Market revenue, By Truck Type, 2025 - 2034 (USD Billion )
- 96. South Africa Heavy Duty (HD) Truck Market revenue, By Tonnage Type, 2025 - 2034 (USD Billion )
- 97. South Africa Heavy Duty (HD) Truck Market revenue, By Propulsion, 2025 - 2034 (USD Billion )
- 98. South Africa Heavy Duty (HD) Truck Market revenue, By Application, 2025 - 2034 (USD Billion )
- 99. Rest of Middle-East Africa Heavy Duty (HD) Truck Market revenue, By Truck Type, 2025 - 2034 (USD Billion )
- 100. Rest of Middle-East Africa Heavy Duty (HD) Truck Market revenue, By Tonnage Type, 2025 - 2034 (USD Billion )
- 101. Rest of Middle-East Africa Heavy Duty (HD) Truck Market revenue, By Propulsion, 2025 - 2034 (USD Billion )
- 102. Rest of Middle-East Africa Heavy Duty (HD) Truck Market revenue, By Application, 2025 - 2034 (USD Billion )
Methodology
FrequentlyAsked Questions
Heavy-duty trucks are built for heavy-duty jobs like hauling freight, construction, mining, and other specialized industrial work where load and durability requirements are higher than those of light- and medium-duty trucks. Heavy-duty trucks are those with a GVWR of more than 26,001 pounds (approximately 11,800 kg).
The heavy duty truck market is primarily driven by the rising demand for freight transportation and the expansion of global logistics networks, which are fueled by rapid growth in e-commerce and international trade.
The heavy duty truck market is restrained by several factors that challenge its growth trajectory. Elevated dealer inventory is suppressing new orders and slowing retail sales, as surplus stock delays fleet replenishment cycles. High interest rates increase financing costs for buyers, making it harder for fleet operators to invest in new trucks.
Based on the truck type, the rigid segment is expected to dominate the Heavy Duty (HD) Truck market growth during the projected period.
The growing technological collaboration and R&D investment pose a major impact factor for the Heavy Duty (HD) Truck industry's growth over the projected period.
The heavy duty truck market is significantly affected by a range of regulatory and environmental factors aimed at enhancing road safety, reducing emissions, and promoting sustainability.
To stay competitive in the Heavy Duty (HD) Truck market, stakeholders should adopt a multi-faceted strategy focusing on technological innovation, operational efficiency, and market adaptability.
According to the report, the global Heavy Duty (HD) Truck market size was worth around USD 308 billion in 2024 and is predicted to grow to around USD 478 billion by 2034.
The global Heavy Duty (HD) Truck market is expected to grow at a CAGR of 4.5% during the forecast period.
The global Heavy Duty (HD) Truck industry growth is expected to be led by the Asia Pacific over the forecast period.
The global Heavy Duty (HD) Truck market is dominated by players MAN, Tata Motors, Eicher Motors Ltd, Scania, China National Heavy Duty Truck Group Co., Ltd, Freightliner, Ashok Leyland, Dongfeng Commercial Vehicle Company Limited, AB Volvo, Isuzu Motors Limited, PACCAR Inc., and NAVISTAR, INC., among others.
The market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
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