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Report
Medium & Heavy Trucks Global Group of Eight (G8) Industry Guide 2020-2029
Industry Report I 2025-02-20 I 266 Pages I MarketLine
Medium & Heavy Trucks Global Group of Eight (G8) Industry Guide 2020-2029
Summary
The G8 Medium & Heavy Trucks industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume , and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The G8 countries contributed $1,855.4 billion in 2024 to the global medium & heavy trucks industry, with a compound annual growth rate (CAGR) of 4.5% between 2020 and 2024. The G8 countries are expected to reach a value of $2,237.4 billion in 2029, with a CAGR of 3.8% over the 2024-29 period.
- Among the G8 nations, the US is the leading country in the medium & heavy trucks industry, with market revenues of $1,546.9 billion in 2024. This was followed by Canada and Japan, with a value of $177.9 and $35.2 billion, respectively.
- The US is expected to lead the medium & heavy trucks industry in the G8 nations with a value of $1,815.4 billion in 2016, followed by Canada and Germany with expected values of $255.4 and $44.4 billion, respectively.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the G8 medium & heavy trucks market
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the G8 medium & heavy trucks market
- Leading company profiles reveal details of key medium & heavy trucks market players' G8 operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the G8 medium & heavy trucks market with five year forecasts by both value and volume
- Compares data from the US, Canada, Germany, France, UK, Italy, Russia and Japan, alongside individual chapters on each country
Reasons to Buy
- What was the size of the G8 medium & heavy trucks market by value in 2024?
- What will be the size of the G8 medium & heavy trucks market in 2029?
- What factors are affecting the strength of competition in the G8 medium & heavy trucks market?
- How has the market performed over the last five years?
- What are the main segments that make up the G8 medium & heavy trucks market?
Table of Contents
1 Introduction
1.1. What is this report about?
1.2. Who is the target reader?
1.3. How to use this report
1.4. Definitions
2 Group of Eight (G8) Medium & Heavy Trucks
2.1. Industry Outlook
3 Medium & Heavy Trucks in Canada
3.1. Market Overview
3.2. Market Data
3.3. Market Segmentation
3.4. Market outlook
3.5. Five forces analysis
4 Macroeconomic Indicators
4.1. Country data
5 Medium & Heavy Trucks in France
5.1. Market Overview
5.2. Market Data
5.3. Market Segmentation
5.4. Market outlook
5.5. Five forces analysis
6 Macroeconomic Indicators
6.1. Country data
7 Medium & Heavy Trucks in Germany
7.1. Market Overview
7.2. Market Data
7.3. Market Segmentation
7.4. Market outlook
7.5. Five forces analysis
8 Macroeconomic Indicators
8.1. Country data
9 Medium & Heavy Trucks in Italy
9.1. Market Overview
9.2. Market Data
9.3. Market Segmentation
9.4. Market outlook
9.5. Five forces analysis
10 Macroeconomic Indicators
10.1. Country data
11 Medium & Heavy Trucks in Japan
11.1. Market Overview
11.2. Market Data
11.3. Market Segmentation
11.4. Market outlook
11.5. Five forces analysis
12 Macroeconomic Indicators
12.1. Country data
13 Medium & Heavy Trucks in Russia
13.1. Market Overview
13.2. Market Data
13.3. Market Segmentation
13.4. Market outlook
13.5. Five forces analysis
14 Macroeconomic Indicators
14.1. Country data
15 Medium & Heavy Trucks in The United Kingdom
15.1. Market Overview
15.2. Market Data
15.3. Market Segmentation
15.4. Market outlook
15.5. Five forces analysis
16 Macroeconomic Indicators
16.1. Country data
17 Medium & Heavy Trucks in The United States
17.1. Market Overview
17.2. Market Data
17.3. Market Segmentation
17.4. Market outlook
17.5. Five forces analysis
18 Macroeconomic Indicators
18.1. Country data
19 Company Profiles
19.1. Iveco Group NV
19.2. Traton SE
19.3. PACCAR Inc
19.4. AB Volvo
19.5. Daimler Truck Holding AG
19.6. Beiqi Foton Motor Co Ltd
19.7. Tata Motors Ltd
19.8. Isuzu Motors Ltd
19.9. Hino Motors Ltd
19.10. Hyundai Motor Co
19.11. DAF Trucks NV
19.12. MAN Truck & Bus SE.
19.13. Volkswagen AG
19.14. Mitsubishi Fuso Truck and Bus Corporation
19.15. Mercedes-Benz Group AG
19.16. China FAW Group Co Ltd
19.17. Dongfeng Motor Group Co Ltd
19.18. Ashok Leyland Ltd
19.19. Mahindra & Mahindra Ltd
19.20. Eicher Motors Ltd
19.21. Scania AB
19.22. Toyota Motor Corp
19.23. Tesla Inc
19.24. GAZ
19.25. Kamaz
19.26. CNH Industrial NV
19.27. Kia Corp
19.28. Ford Otomotiv Sanayi AS
19.29. Sinotruk (Hong Kong) Ltd
20 Appendix
20.1. Methodology
20.2. About MarketLine
List of Tables
Table 1: G8 medium & heavy trucks industry, revenue($bn), 2020-29
Table 2: G8 medium & heavy trucks industry, revenue by country ($bn), 2020-24
Table 3: G8 medium & heavy trucks industry forecast, revenue by country ($bn), 2024-29
Table 4: Canada medium & heavy trucks market value: $ billion, 2019-24
Table 5: Canada medium & heavy trucks market volume: thousand units, 2019-24
Table 6: Canada medium & heavy trucks market geography segmentation: $ billion, 2024
Table 7: Canada medium & heavy trucks market value forecast: $ billion, 2024-29
Table 8: Canada medium & heavy trucks market volume forecast: thousand units, 2024-29
Table 9: Canada Size of Population (Million), 2020-24
Table 10: Canada Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 11: Canada GDP (Current Prices, $ Billion), 2020-24
Table 12: Canada Inflation, 2020-24
Table 13: Canada Consumer Price Index (Absolute), 2020-24
Table 14: Canada Exchange Rate, 2019-24
Table 15: France medium & heavy trucks market value: $ billion, 2019-24
Table 16: France medium & heavy trucks market volume: thousand units, 2019-24
Table 17: France medium & heavy trucks market geography segmentation: $ billion, 2024
Table 18: France medium & heavy trucks market value forecast: $ billion, 2024-29
Table 19: France medium & heavy trucks market volume forecast: thousand units, 2024-29
Table 20: France Size of Population (Million), 2020-24
Table 21: France Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 22: France GDP (Current Prices, $ Billion), 2020-24
Table 23: France Inflation, 2020-24
Table 24: France Consumer Price Index (Absolute), 2020-24
Table 25: France Exchange Rate, 2019-24
Table 26: Germany medium & heavy trucks market value: $ billion, 2019-24
Table 27: Germany medium & heavy trucks market volume: thousand units, 2019-24
Table 28: Germany medium & heavy trucks market geography segmentation: $ billion, 2024
Table 29: Germany medium & heavy trucks market value forecast: $ billion, 2024-29
Table 30: Germany medium & heavy trucks market volume forecast: thousand units, 2024-29
Table 31: Germany Size of Population (Million), 2020-24
Table 32: Germany Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 33: Germany GDP (Current Prices, $ Billion), 2020-24
Table 34: Germany Inflation, 2020-24
Table 35: Germany Consumer Price Index (Absolute), 2020-24
Table 36: Germany Exchange Rate, 2019-24
Table 37: Italy medium & heavy trucks market value: $ billion, 2019-24
Table 38: Italy medium & heavy trucks market volume: thousand units, 2019-24
Table 39: Italy medium & heavy trucks market geography segmentation: $ billion, 2024
Table 40: Italy medium & heavy trucks market value forecast: $ billion, 2024-29
Table 41: Italy medium & heavy trucks market volume forecast: thousand units, 2024-29
Table 42: Italy Size of Population (Million), 2020-24
Table 43: Italy Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 44: Italy GDP (Current Prices, $ Billion), 2020-24
Table 45: Italy Inflation, 2020-24
Table 46: Italy Consumer Price Index (Absolute), 2020-24
Table 47: Italy Exchange Rate, 2019-24
Table 48: Japan medium & heavy trucks market value: $ billion, 2019-24
Table 49: Japan medium & heavy trucks market volume: thousand units, 2019-24
Table 50: Japan medium & heavy trucks market geography segmentation: $ billion, 2024
Table 51: Japan medium & heavy trucks market value forecast: $ billion, 2024-29
Table 52: Japan medium & heavy trucks market volume forecast: thousand units, 2024-29
Table 53: Japan Size of Population (Million), 2020-24
Table 54: Japan Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 55: Japan GDP (Current Prices, $ Billion), 2020-24
Table 56: Japan Inflation, 2020-24
Table 57: Japan Consumer Price Index (Absolute), 2020-24
Table 58: Japan Exchange Rate, 2019-24
Table 59: Russia medium & heavy trucks market value: $ billion, 2019-24
Table 60: Russia medium & heavy trucks market volume: thousand units, 2019-24
Table 61: Russia medium & heavy trucks market geography segmentation: $ billion, 2024
Table 62: Russia medium & heavy trucks market value forecast: $ billion, 2024-29
Table 63: Russia medium & heavy trucks market volume forecast: thousand units, 2024-29
Table 64: Russia Size of Population (Million), 2020-24
Table 65: Russia Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 66: Russia GDP (Current Prices, $ Billion), 2020-24
Table 67: Russia Inflation, 2020-24
Table 68: Russia Consumer Price Index (Absolute), 2020-24
Table 69: Russia Exchange Rate, 2019-24
Table 70: United Kingdom medium & heavy trucks market value: $ billion, 2019-24
Table 71: United Kingdom medium & heavy trucks market volume: thousand units, 2019-24
Table 72: United Kingdom medium & heavy trucks market geography segmentation: $ billion, 2024
Table 73: United Kingdom medium & heavy trucks market value forecast: $ billion, 2024-29
Table 74: United Kingdom medium & heavy trucks market volume forecast: thousand units, 2024-29
Table 75: United Kingdom Size of Population (Million), 2020-24
Table 76: United Kingdom Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 77: United Kingdom GDP (Current Prices, $ Billion), 2020-24
Table 78: United Kingdom Inflation, 2020-24
Table 79: United Kingdom Consumer Price Index (Absolute), 2020-24
Table 80: United Kingdom Exchange Rate, 2019-24
Table 81: United States medium & heavy trucks market value: $ billion, 2019-24
Table 82: United States medium & heavy trucks market volume: thousand units, 2019-24
Table 83: United States medium & heavy trucks market geography segmentation: $ billion, 2024
Table 84: United States medium & heavy trucks market value forecast: $ billion, 2024-29
Table 85: United States medium & heavy trucks market volume forecast: thousand units, 2024-29
Table 86: United States Size of Population (Million), 2020-24
Table 87: United States Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 88: United States GDP (Current Prices, $ Billion), 2020-24
Table 89: United States Inflation, 2020-24
Table 90: United States Consumer Price Index (Absolute), 2020-24
Table 91: United States Exchange Rate, 2019-24
Table 92: Iveco Group NV: Key Facts
Table 93: Iveco Group NV: Annual Financial Ratios
Table 94: Iveco Group NV: Key Employees
Table 95: Traton SE: Key Facts
Table 96: Traton SE: Annual Financial Ratios
Table 97: Traton SE: Key Employees
Table 98: Traton SE: Key Employees Continued
Table 99: PACCAR Inc: Key Facts
Table 100: PACCAR Inc: Annual Financial Ratios
Table 101: PACCAR Inc: Key Employees
Table 102: AB Volvo: Key Facts
Table 103: AB Volvo: Annual Financial Ratios
Table 104: AB Volvo: Key Employees
Table 105: AB Volvo: Key Employees Continued
Table 106: Daimler Truck Holding AG: Key Facts
Table 107: Daimler Truck Holding AG: Annual Financial Ratios
Table 108: Daimler Truck Holding AG: Key Employees
Table 109: Beiqi Foton Motor Co Ltd: Key Facts
Table 110: Beiqi Foton Motor Co Ltd: Annual Financial Ratios
Table 111: Beiqi Foton Motor Co Ltd: Key Employees
List of Figures
Figure 1: G8 medium & heavy trucks industry, revenue($bn), 2020-29
Figure 2: G8 Medium & Heavy Trucks industry, revenue by country (%), 2024
Figure 3: G8 medium & heavy trucks industry, revenue by country ($bn), 2020-24
Figure 4: G8 medium & heavy trucks industry forecast, revenue by country ($bn), 2024-29
Figure 5: Canada medium & heavy trucks market value: $ billion, 2019-24
Figure 6: Canada medium & heavy trucks market volume: thousand units, 2019-24
Figure 7: Canada medium & heavy trucks market geography segmentation: % share, by value, 2024
Figure 8: Canada medium & heavy trucks market value forecast: $ billion, 2024-29
Figure 9: Canada medium & heavy trucks market volume forecast: thousand units, 2024-29
Figure 10: Forces driving competition in the medium & heavy trucks market in Canada, 2024
Figure 11: Drivers of buyer power in the medium & heavy trucks market in Canada, 2024
Figure 12: Drivers of supplier power in the medium & heavy trucks market in Canada, 2024
Figure 13: Factors influencing the likelihood of new entrants in the medium & heavy trucks market in Canada, 2024
Figure 14: Factors influencing the threat of substitutes in the medium & heavy trucks market in Canada, 2024
Figure 15: Drivers of degree of rivalry in the medium & heavy trucks market in Canada, 2024
Figure 16: France medium & heavy trucks market value: $ billion, 2019-24
Figure 17: France medium & heavy trucks market volume: thousand units, 2019-24
Figure 18: France medium & heavy trucks market geography segmentation: % share, by value, 2024
Figure 19: France medium & heavy trucks market value forecast: $ billion, 2024-29
Figure 20: France medium & heavy trucks market volume forecast: thousand units, 2024-29
Figure 21: Forces driving competition in the medium & heavy trucks market in France, 2024
Figure 22: Drivers of buyer power in the medium & heavy trucks market in France, 2024
Figure 23: Drivers of supplier power in the medium & heavy trucks market in France, 2024
Figure 24: Factors influencing the likelihood of new entrants in the medium & heavy trucks market in France, 2024
Figure 25: Factors influencing the threat of substitutes in the medium & heavy trucks market in France, 2024
Figure 26: Drivers of degree of rivalry in the medium & heavy trucks market in France, 2024
Figure 27: Germany medium & heavy trucks market value: $ billion, 2019-24
Figure 28: Germany medium & heavy trucks market volume: thousand units, 2019-24
Figure 29: Germany medium & heavy trucks market geography segmentation: % share, by value, 2024
Figure 30: Germany medium & heavy trucks market value forecast: $ billion, 2024-29
Figure 31: Germany medium & heavy trucks market volume forecast: thousand units, 2024-29
Figure 32: Forces driving competition in the medium & heavy trucks market in Germany, 2024
Figure 33: Drivers of buyer power in the medium & heavy trucks market in Germany, 2024
Figure 34: Drivers of supplier power in the medium & heavy trucks market in Germany, 2024
Figure 35: Factors influencing the likelihood of new entrants in the medium & heavy trucks market in Germany, 2024
Figure 36: Factors influencing the threat of substitutes in the medium & heavy trucks market in Germany, 2024
Figure 37: Drivers of degree of rivalry in the medium & heavy trucks market in Germany, 2024
Figure 38: Italy medium & heavy trucks market value: $ billion, 2019-24
Figure 39: Italy medium & heavy trucks market volume: thousand units, 2019-24
Figure 40: Italy medium & heavy trucks market geography segmentation: % share, by value, 2024
Figure 41: Italy medium & heavy trucks market value forecast: $ billion, 2024-29
Figure 42: Italy medium & heavy trucks market volume forecast: thousand units, 2024-29
Figure 43: Forces driving competition in the medium & heavy trucks market in Italy, 2024
Figure 44: Drivers of buyer power in the medium & heavy trucks market in Italy, 2024
Figure 45: Drivers of supplier power in the medium & heavy trucks market in Italy, 2024
Figure 46: Factors influencing the likelihood of new entrants in the medium & heavy trucks market in Italy, 2024
Figure 47: Factors influencing the threat of substitutes in the medium & heavy trucks market in Italy, 2024
Figure 48: Drivers of degree of rivalry in the medium & heavy trucks market in Italy, 2024
Figure 49: Japan medium & heavy trucks market value: $ billion, 2019-24
Figure 50: Japan medium & heavy trucks market volume: thousand units, 2019-24
Figure 51: Japan medium & heavy trucks market geography segmentation: % share, by value, 2024
Figure 52: Japan medium & heavy trucks market value forecast: $ billion, 2024-29
Figure 53: Japan medium & heavy trucks market volume forecast: thousand units, 2024-29
Figure 54: Forces driving competition in the medium & heavy trucks market in Japan, 2024
Figure 55: Drivers of buyer power in the medium & heavy trucks market in Japan, 2024
Figure 56: Drivers of supplier power in the medium & heavy trucks market in Japan, 2024
Figure 57: Factors influencing the likelihood of new entrants in the medium & heavy trucks market in Japan, 2024
Figure 58: Factors influencing the threat of substitutes in the medium & heavy trucks market in Japan, 2024
Figure 59: Drivers of degree of rivalry in the medium & heavy trucks market in Japan, 2024
Figure 60: Russia medium & heavy trucks market value: $ billion, 2019-24
Figure 61: Russia medium & heavy trucks market volume: thousand units, 2019-24
Figure 62: Russia medium & heavy trucks market geography segmentation: % share, by value, 2024
Figure 63: Russia medium & heavy trucks market value forecast: $ billion, 2024-29
Figure 64: Russia medium & heavy trucks market volume forecast: thousand units, 2024-29
Figure 65: Forces driving competition in the medium & heavy trucks market in Russia, 2024
Figure 66: Drivers of buyer power in the medium & heavy trucks market in Russia, 2024
Figure 67: Drivers of supplier power in the medium & heavy trucks market in Russia, 2024
Figure 68: Factors influencing the likelihood of new entrants in the medium & heavy trucks market in Russia, 2024
Figure 69: Factors influencing the threat of substitutes in the medium & heavy trucks market in Russia, 2024
Figure 70: Drivers of degree of rivalry in the medium & heavy trucks market in Russia, 2024
Figure 71: United Kingdom medium & heavy trucks market value: $ billion, 2019-24
Figure 72: United Kingdom medium & heavy trucks market volume: thousand units, 2019-24
Figure 73: United Kingdom medium & heavy trucks market geography segmentation: % share, by value, 2024
Figure 74: United Kingdom medium & heavy trucks market value forecast: $ billion, 2024-29
Figure 75: United Kingdom medium & heavy trucks market volume forecast: thousand units, 2024-29
Figure 76: Forces driving competition in the medium & heavy trucks market in the United Kingdom, 2024
Figure 77: Drivers of buyer power in the medium & heavy trucks market in the United Kingdom, 2024
Figure 78: Drivers of supplier power in the medium & heavy trucks market in the United Kingdom, 2024
Figure 79: Factors influencing the likelihood of new entrants in the medium & heavy trucks market in the United Kingdom, 2024
Figure 80: Factors influencing the threat of substitutes in the medium & heavy trucks market in the United Kingdom, 2024
Figure 81: Drivers of degree of rivalry in the medium & heavy trucks market in the United Kingdom, 2024
Figure 82: United States medium & heavy trucks market value: $ billion, 2019-24
Figure 83: United States medium & heavy trucks market volume: thousand units, 2019-24
Figure 84: United States medium & heavy trucks market geography segmentation: % share, by value, 2024
Figure 85: United States medium & heavy trucks market value forecast: $ billion, 2024-29
Figure 86: United States medium & heavy trucks market volume forecast: thousand units, 2024-29
Figure 87: Forces driving competition in the medium & heavy trucks market in the United States, 2024
Figure 88: Drivers of buyer power in the medium & heavy trucks market in the United States, 2024
Figure 89: Drivers of supplier power in the medium & heavy trucks market in the United States, 2024
Figure 90: Factors influencing the likelihood of new entrants in the medium & heavy trucks market in the United States, 2024
Figure 91: Factors influencing the threat of substitutes in the medium & heavy trucks market in the United States, 2024
Figure 92: Drivers of degree of rivalry in the medium & heavy trucks market in the United States, 2024
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