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Last Updated: Apr 25, 2025 | Study Period: 2023-2030
A pickup truck, often known as a "pickup," is a style of light-duty truck distinguished by an open cargo compartment at the back, also known as the truck bed or pickup bed.
It is made to transport and carry cargo, including equipment and other commodities.
Pickups are well-liked cars all around the world because of their adaptability, practicality, and capacity for a variety of jobs.
A pickup truck's rear cargo bed is its distinguishing feature.
This space is often open and unprotected, making it simple to load and unload a variety of objects, including groceries, sporting goods, or building materials.
Pickup trucks come in a variety of shapes and sizes, such as tiny, midsize, and full-size models. Additionally, there are many cab designs, including conventional cabs, extended cabs, and crew cabs, each of which offers a different amount of seats and cargo space.
Pickup trucks are frequently used for business operations such as moving goods and supplies, as work vehicles for craftsmen and contractors, and for personal transportation.
Due to their widespread use and adaptability, they have integrated themselves into a wide range of businesses and people's daily lives all around the world.
The Global pickup truck market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
Launched by Isuzu Motors Limited was the brand-new pickup truck D-MAX.
Isuzu entrusts the local production and distribution of D-MAX to Isuzu Motors South Africa (Pty) Limited (hence IMSAf).
D-MAX sales will begin when the MU-X pick-up passenger vehicle (PPV) goes on sale.
Isuzu has positioned IMSAf as a supply hub in a strategic manner.
Along with selling D-MAX throughout South Africa, IMSAf will also export it to 34 Sub-Saharan nations.
From its three global production facilities, Isuzu exports light commercial vehicles (LCV) to more than 100 nations and areas worldwide.
The Lightning is not the industry's first electric pickup.
Rivian, a start-up company that only produces electric vehicles, began producing its R1T truck last fall but only managed to produce 3,500 of them in the first six months.
Additionally, GM began producing the GMC Hummer EV pickup truck, but only 99 of vehicles were sold during the first quarter of manufacturing.
Two of its main rivals, the Tesla Cybertruck and the Chevrolet Silverado EV, were launched before the F-150 Lightning by a year or more.
Quality issues with the launch cost the business billions of dollars and significantly contributed to the resignation of two executives.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2023-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2023-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2023-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |