The United States Commercial Vehicles Market is segmented by Vehicle Type (Commercial Vehicles) and by Propulsion Type (Hybrid and Electric Vehicles, ICE). The report offers market size in both market value in USD and market volume in unit. Further, the report includes a market split by Vehicle Type, Vehicle Configuration, Vehicle Body Type, Propulsion Type, and Fuel Category.

In 2024, around **** million commercial vehicles were sold in the United States, up from approximately **** million units as reported in 2023. This type of vehicle includes motor vehicles used for transporting goods or paid passengers.

United States Electric Commercial Vehicle Market was valued at USD 13.88 Billion in 2024 and is expected to reach USD 55.92 Billion by 2030 with a CAGR of 26.41%.

Pages	82
Market Size	2024: USD 13.88 Billion
Forecast Market Size	2030: USD 55.92 Billion
CAGR	2025-2030: 26.41%
Fastest Growing Segment	BEV
Largest Market	West
Key Players	1 Tesla Inc. 2 Proterra Powered LLC 3 Workhorse Group, Inc. 4 BYD Australia Pty. Ltd. 5 Lion Electric Company 6 Rivian, LLC 7 Nikola Corporation 8 Blue Bird Corporation 9 Greenpower Motor Company Inc. 10 Canoo, Inc.

United States commercial vehicles market is valued at USD 213 billion, driven by e-commerce growth, infrastructure investments, and shift to electric vehicles, with key segments in light-duty trucks and logistics.

Unlock expert insights on U.S. Commercial Vehicles Market, size at USD 155 billion in 2023, highlighting trends and market forecast supported through industry developments and revenue analysis.

US commercial vehicle market to grow over 3.84% CAGR by 2030, driven by freight activity and economic recovery cycles.

The United States commercial vehicle market, encompassing buses, heavy-duty, medium-duty, and light commercial trucks and vans, is experiencing robust growth, projected to maintain a Compound Annual Growth Rate (CAGR) exceeding 4.00% from 2025 to 2033. This expansion is fueled by several key factors. Firstly, the burgeoning e-commerce sector necessitates efficient last-mile delivery solutions, driving demand for light commercial vehicles. Secondly, infrastructure development projects, particularly in the transportation sector, are boosting demand for heavy-duty trucks. Thirdly, a shift towards cleaner transportation, driven by environmental regulations and sustainability initiatives, is accelerating the adoption of hybrid and electric commercial vehicles (HEV, PHEV, BEV, FCEV). However, the market faces challenges, including rising raw material costs, supply chain disruptions, and the high initial investment associated with electric vehicle adoption. The market is segmented by vehicle type and propulsion system, with a clear trend towards electrification, although internal combustion engine (ICE) vehicles, particularly those using CNG and diesel, will likely retain significant market share in the near term. Key players such as Hino Motors, PACCAR, Ram Trucking, Isuzu, General Motors, Daimler, Volvo, Toyota, and Ford are actively competing in this dynamic market, investing in innovation and expanding their product portfolios to cater to evolving customer needs. The competitive landscape is characterized by both established players and emerging companies vying for market dominance. The market's success hinges on technological advancements, particularly in battery technology and charging infrastructure for electric vehicles. Furthermore, government policies promoting sustainable transportation and incentivizing electric vehicle adoption will play a crucial role in shaping the market's trajectory. While the transition to electric vehicles is underway, the robust demand for efficient and reliable transportation continues to drive overall market growth. The successful players will be those that can adapt quickly to technological change, navigate supply chain complexities, and cater to the evolving needs of various segments within the commercial vehicle market. We estimate the 2025 market size to be approximately $150 Billion, based on publicly available data on related sectors and growth projections. Recent developments include: August 2023: General Motors will launch an all-electric Cadillac Escalade in late 2024August 2023: General Motors doubles down on plans for an electric future in the Middle East.August 2023: Toyota Kirloskar Motor launched the all-new MPV Vellfire strong hybrid electric vehicle (SHEV) for a starting price of INR 11.99 million and going to INR 12.99 million.. Key drivers for this market are: Rapid Urbanization and Demand for Convinient Transportation. Potential restraints include: Traffic Congestion in Major Cities. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

The United States is the world's largest market for commercial vehicles, with sales amounting to over **** million units in 2024. The country dwarfed all other markets, with the Asia/Oceania/Middle East region coming in second, recording over ***** million sales that same year. A sector hit by the pandemic The global automotive industry was severely affected by the coronavirus pandemic in 2020. Worldwide commercial vehicles production dipped under ** million units that year, which represented a loss of over ***** million units year-over-year. With around **** million vehicles produced, North America was the overall leading region for commercial vehicles output in 2020, though it also recorded a contraction of **** percent compared to 2019. Light commercial vehicles, used for short-haul and urban transport, comprised most of the global production volume in 2020. A dynamic U.S. market ***** out of five of the world's largest trucking companies were based in the United States, where the definition for commercial vehicles varies from other market. Trucks are often grouped into ***** different types, ranging from Class * light duty trucks, including pickups such as the Toyota Tacoma, to Class * heavy duty haulers such as the Freightliner Cascadia. The U.S. commercial vehicle production industry has steadily increased after dramatic losses in output during the ********* financial crisis. Since 2010, the production of commercial vehicles in the United States has risen from around **** million units to just over *** million units in 2018, before dipping to under ***** million units in 2020 due to the pandemic.

United States Commercial Vehicles Market size was valued at USD 236.17 Billion in 2024 and is projected to reach USD 389.81 Billion by 2032, growing at a CAGR of 6.43% during the forecast period from 2026-2032.

United States Commercial Vehicles Market: Definition/ Overview

Commercial vehicles are motorized vehicles designed and utilized for the transportation of goods, materials, or passengers for business purposes. They encompass a broad spectrum of vehicle types, ranging from light-duty vans and pickup trucks to heavy-duty trucks and buses. These vehicles are integral to various industries, facilitating logistics, supply chain operations, and public transportation. Their design and specifications are tailored to meet the specific requirements of their intended commercial applications.

Commercial vehicles facilitate the efficient transport of goods and materials across diverse industries, supporting supply chain operations.

The Commercial Vehicles Market report segments the industry into Vehicle Type (Commercial Vehicles), Propulsion Type (Hybrid and Electric Vehicles, ICE), and Region (Africa, Asia-Pacific, Europe, Middle East, North America, South America). Includes five years of historic market data and forecasts for the next five years.

In 2024, approximately *****million commercial vehicles were produced throughout the United States. Commercial vehicles made up over ** percent of the total motor vehicle manufacturing in the United States in 2024, with total vehicle production amounting to over **** million units. The worlds leading manufacturer Just as the USA is a leading producer of light vehicles, it was also the leading manufacturer of commercial vehicles, exporting around ** percent of the worlds total production. However, there is increasing competition from China, who in the same year produced almost *** million vehicles. Although not yet reaching the same output as the USA, China's industry has grown exponentially in recent years. What does the future hold? With inflation in the United States increasing to ***** percent in 2022, the squeeze on the economy is being felt everywhere, especially in the vehicle manufacturing industry. If this fiscal pressure continues, both manufacturers and consumers may seek overseas providers of commercial vehicles and thus potentially bring an end to the market dominance currently held by the United States.

The United States commercial vehicles market reached around USD 155.00 Billion in 2024. The market is estimated to grow at a CAGR of 6.80% during the forecast period of 2025-2034 to attain nearly USD 299.26 Billion by 2034.

USA Automotive High Performance EV Market is segmented drive type (plug-in hybrid and battery electric), and vehicle type (passenger cars and commercial vehicles).

The electric light commercial vehicle market is estimated to be worth US$ 303.2 billion in 2024. The demand for electric light commercial vehicles is predicted to grow at a robust CAGR of 9.5% over the forecast period. The market valuation is expected to reach US$ 750 billion by 2034.

Report Attribute	Details
Electric Light Commercial Vehicle Market Size (2024)	US$ 303.2 billion
Anticipated Market Value (2034)	US$ 750 billion
Projected CAGR (2024 to 2034)	9.5%

Historical Analysis of the Electric Light Commercial Vehicle Market Compared to Forecast Outlook

Attributes	Details
Electric Light Commercial Vehicle Market Size (2019)	US$ 173 billion
Total Market Size (2023)	US$ 271.9 billion
Overall Market (CAGR 2019 to 2023)	12% CAGR

Country-wise Insights

Countries	CAGR (2024 to 2034)
United States	9.8%
Japan	10.9%
United Kingdom	10.7%
South Korea	11.3%
China	9.9%

Electric Light Commercial Vehicle Market Report Scope

Attribute	Details
Estimated Market Size (2024)	US$ 303.2 billion
Projected Market Size (2034)	US$ 750 billion
Anticipated CAGR (2024 to 2034)	9.5%
Forecast Period	2024 to 2034
Historical Data Available for	2019 to 2023
Market Analysis	US$ million or billion for Value and Units for Volume
Key Regions Covered	North America, Latin America, Europe, Middle East & Africa (MEA), East Asia, South Asia and Oceania
Key Segments Covered	By Vehicle Type, By Application, By Propulsion Type, By Gross Vehicle Weight (GVW), and By Region
Key Companies Profiled	Bollinger Chevrolet Ford Motor Company Fuso
Report Coverage	Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing	Available upon Request

In 2024, the highest commercial vehicle sales were recorded in the United States, with about **** million units of vehicles. Following, China, the second-biggest market for such vehicles, registered approximately *****million units in sales.

Class * trucks were the most popular heavy-duty electric vehicle trucks in the United States in 2019, with ** vehicles in the fleet. By 2026, it is projected this volume will grow to *** units, with a compound annual growth rate of ***** percent between 2020 and 2026.

The United States Electric Vehicle Leasing Market Report is Segmented by Vehicle Type (Passenger Cars and Commercial Vehicles), Propulsion Type (Battery Electric Vehicles, Plug-In Hybrid Electric Vehicles, and Fuel-Cell Electric Vehicles), End User (Individual Customers, Corporate Fleets, and More), and Duration (Short-Term, Mid-Term, and Long-Term). The Market Forecasts are Provided in Terms of Value (USD).

The United States Commercial Vehicles Lubricants Market is segmented by Product Type ( Engine Oils, Greases, Hydraulic Fluids, Transmission & Gear Oils )

The global market size of Medium Commercial Vehicles is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2024 with a CAGR of XX% from 2019 to 2024.
Global Medium Commercial Vehicles Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Medium Commercial Vehicles industry. The key insights of the report:
1.The report provides key statistics on the market status of the Medium Commercial Vehicles manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for key vendors.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5.The report estimates 2019-2024 market development trends of Medium Commercial Vehicles industry.
6.Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7.The report makes some important proposals for a new project of Medium Commercial Vehicles Industry before evaluating its feasibility.
There are 4 key segments covered in this report: competitor segment, product type segment, end use/application segment and geography segment.
For competitor segment, the report includes global key players of Medium Commercial Vehicles as well as some small players. At least 18 companies are included:
* VOLVO
* Scania
* Mercedes Benz
* MAN
* IVECO
* Paccar
For complete companies list, please ask for sample pages.
The information for each competitor includes:
* Company Profile
* Main Business Information
* SWOT Analysis
* Sales, Revenue, Price and Gross Margin
* Market Share

For product type segment, this report listed main product type of Medium Commercial Vehicles market
* Product Type I
* Product Type II
* Product Type III

For end use/application segment, this report focuses on the status and outlook for key applications. End users sre also listed.
* Application I
* Application II
* Application III

For geography segment, regional supply, application-wise and type-wise demand, major players, price is presented from 2013 to 2023. This report covers following regions:
* North America
* South America
* Asia & Pacific
* Europe
* MEA (Middle East and Africa)
The key countries in each region are taken into consideration as well, such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.

Reasons to Purchase this Report:
* Analyzing the outlook of the market with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.
We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.

United States Solid Waste Management Vehicles Market was valued at USD 52.57 billion in 2024 and is expected to reach USD 72.15 billion by 2030 with a CAGR of 5.42%.

Pages	80
Market Size	2024: USD 52.57 billion
Forecast Market Size	2030: USD 72.15 billion
CAGR	2025-2030: 5.42%
Fastest Growing Segment	Garbage Compactor Truck
Largest Market	Midwest
Key Players	1. Autocar, LLC 2. Casella Waste Systems, Inc. 3. Clean Harbors, Inc. 4. GFL Environmental Inc. 5. Labrie Enviroquip Group 6. McNeilus Truck and Manufacturing, Inc. (a subsidiary of Oshkosh Corporation) 7. New Way Trucks (Scranton Manufacturing Company) 8. Republic Services, Inc. 9. The Heil Company (Environmental Solutions Group) 10. Waste Management, Inc.