Commercial Vehicles

Commercial Vehicles
Global Commercial Vehicles Market to Reach 33.9 Million Units by 2030
The global market for Commercial Vehicles estimated at 23.4 Million Units in the year 2022, is projected to reach a revised size of 33.9 Million Units by 2030, growing at a CAGR of 4.7% over the period 2022-2030.

The U.S. Market is Estimated at 11 Million Units, While China is Forecast to Grow at 7% CAGR
The Commercial Vehicles market in the U.S. is estimated at 11 Million Units in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of 7.6 Million Units by the year 2030 trailing a CAGR of 7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3% and 3.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4% CAGR.Select Competitors (Total 124 Featured) - Daimler AGContinental AGHonda Motor Co., Ltd.AB VolvoIsuzu Motors Ltd.CNH Industrial NVAshok Leyland Ltd.China FAW Group Co., Ltd.Brilliance China Automotive Holdings Ltd.Dongfeng Motor Group Co., Ltd.Eicher Motors Ltd.Hindustan Motors Ltd.Hyundai Motor CompanyAptiv PLCCAF, Construcciones y Auxiliar de Ferrocarriles, S.A.Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

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