How big is the Global Commercial Vehicles Market?

The Global Commercial Vehicles Market size is expected to reach USD 845.64 billion in 2024 and grow at a CAGR of 7.83% to reach USD 1329.05 billion by 2030. Read More

What is the current Global Commercial Vehicles Market size?

In 2024, the Global Commercial Vehicles Market size is expected to reach USD 845.64 billion. Read More

Who are the key players in Global Commercial Vehicles Market?

BAIC Motor Corporation Ltd., Daimler AG (Mercedes-Benz AG), Ford Motor Company, Toyota Motor Corporation and Volkswagen AG are the major companies operating in the Global Commercial Vehicles Market. Read More

Which segment has the biggest share in the Global Commercial Vehicles Market?

In the Global Commercial Vehicles Market, the Light Commercial Pick-up Trucks segment accounts for the largest share by vehicle body type. Read More

Which region has the biggest share in the Global Commercial Vehicles Market?

In 2024, Asia-Pacific accounts for the largest share by region in the Global Commercial Vehicles Market. Read More

What years does this Global Commercial Vehicles Market cover, and what was the market size in 2023?

In 2023, the Global Commercial Vehicles Market size was estimated at 845.64 billion. The report covers the Global Commercial Vehicles Market historical market size for years: 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Global Commercial Vehicles Market size for years: 2024, 2025, 2026, 2027, 2028, 2029 and 2030. Read More

Commercial Vehicles Market Share

Statistics for the 2023 & 2024 Commercial Vehicles market share, created by Mordor Intelligence™ Industry Reports. Commercial Vehicles share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of commercial vehicles Industry

The Commercial Vehicles Market is fragmented, with the top five companies occupying 30%. The major players in this market are BAIC Motor Corporation Ltd., Daimler AG (Mercedes-Benz AG), Ford Motor Company, Toyota Motor Corporation and Volkswagen AG (sorted alphabetically).

Commercial Vehicles Market Leaders

BAIC Motor Corporation Ltd.
Daimler AG (Mercedes-Benz AG)
Ford Motor Company
Toyota Motor Corporation
Volkswagen AG

Commercial Vehicles Market Concentration

Other important companies include BYD Auto Co. Ltd., Dongfeng Motor Corporation, General Motors Company, Groupe Renault, Mahindra & Mahindra Limited, Nissan Motor Co. Ltd., Rivian Automotive Inc., Saic General Motors Corporation Limited, Scania AB, Tata Motors Limited, Volvo Group.

*Disclaimer: Major Players sorted in alphabetical order.