Market Share of US TANKER TRUCK MARKET
The US Tanker truck market is moderately consolidated with players like Volvo Group, MAN Truck & Bus AG, Mercedes (Daimler), Iveco, Scania AB, Freightliner Trucks, and others.
Players either follow a constructive alliance approach or aggressively launch new trucks in the market. For instance:
• In January 2024, Volvo Trucks introduced a new heavy-duty truck platform tailored for the North American market. It launched a fresh heavy-duty truck lineup for Europe, Australia, and various markets across Asia and Africa.
o These new models prioritize energy efficiency, featuring options such as electric and renewable fuel-powered trucks. These advancements are aimed at lowering CO2 emissions, moving the company closer to its goal of achieving a net-zero emission product range by 2040.
US Tanker Truck Market Leaders
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MAN Truck & Bus AG
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Iveco
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Mercedes (Daimler)
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Volvo Group
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Scania AB
*Disclaimer: Major Players sorted in no particular order
