Commercial Vehicle Market in US 2024-2030
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Commercial Vehicle Market in US 2024-2030

Last Updated:  Apr 25, 2025 | Study Period: 2024-2030

COMMERCIAL VEHICLE MARKET IN US

Class 8 orders for December 2020 grew to the third-most noteworthy complete ever at 52,600 units – the best volume growth since August 2018.

 

Orders were +31% month on month and very nearly (3) times the degree of November 2019. Class 8 requests for as long as a year proceed to increment and now remain at 250,000 units.

 

The Class 8 market is attempting to rebalance in the wake of enduring woeful request numbers right off the bat in the pandemic. The November orders imply that Q4 will be a fantastic one, paving way for what we could expect December and that predicts well for the normal expansion underway ahead of schedule one year from now.

With the start of COVID immunization dispersion, the probability of Congressional help for those as yet experiencing COVID's effect and sound cargo rates, commercial vehicle request remains firmly situated heading into 2021.

Current creation, deals and general condition of the on-street substantial and medium-duty commercial vehicle markets in North America.

 

COMMERCIAL VEHICLE MARKET IN USMARKET SEGMENTATION

 By Class- Class 5, Classes 6-7, and Class 8 trucks and vocational trucks.

By vehicle type-trucks, buses, RVs and step van designs,

By Class 8 trucks- segmented by trucks and farm vehicles with and without sleeper cab

 

COMMERCIAL VEHICLE MARKET IN USCOMPANIES PROFILED

 

THISCOMMERCIAL VEHICLE MARKET IN USREPORT WILL ANSWER FOLLOWING QUESTIONS

  • Market Size and Forecast, by geography($M)
  • Opportunities and risks in Commercial Vehicle Market in US
  • Important technology trends and regulatory changes
  • 5 key predictions for next 5 years in Commercial Vehicle Market in US
  • Competitive landscape and market share of leading vendors
  • OE- Supplier alignment in Commercial Vehicle Market in US
  • New product development in Commercial Vehicle Market in US
  • COVID impact on Commercial Vehicle Market in US and suppliers` earnings
Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
19Market Segmentation, Dynamics and Forecast by Application, 2024-2030
20Market Segmentation, Dynamics and Forecast by End use, 2024-2030
21Product installation rate by OEM, 2023
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2023
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix