A truck, also called a truck, is generally referred to as a truck. It is a vehicle used mainly for transporting goods, and sometimes also a vehicle that can pull other vehicles. It falls into the category of commercial vehicles.
LPI (LP Information)' newest research report, the “Truck Industry Forecast” looks at past sales and reviews total world Truck sales in 2022, providing a comprehensive analysis by region and market sector of projected Truck sales for 2023 through 2029. With Truck sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Truck industry.
This Insight Report provides a comprehensive analysis of the global Truck landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Truck portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Truck market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Truck and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Truck.
The global Truck market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
North America and Europe have been constantly losing their shares, which is being gained by the emerging markets in Asia Pacific and Middle East.
This report presents a comprehensive overview, market shares, and growth opportunities of Truck market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Capacity Below 25 Ton
Capacity Between 25 Ton To 50 Ton
Capacity Above 50 Ton
Segmentation by application
Utility
Construction
Oil & Gas
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Toyota Industries Corporation
KION Group
Mitsubishi Nichiyu Forklift
Jungheinrich AG
Crown Equipment
Hyster-Yale Materials Handling
Anhui Forklift Truck
Doosan Industrial Vehicle
Hangcha Group
Clark Material Handling
Komatsu
Hyundai Heavy Industries
Combilift
EP Equipment
Konecranes
Key Questions Addressed in this Report
What is the 10-year outlook for the global Truck market?
What factors are driving Truck market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Truck market opportunities vary by end market size?
How does Truck break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

1 Scope of the Report 1.1 Market Introduction 1.2 Years Considered 1.3 Research Objectives 1.4 Market Research Methodology 1.5 Research Process and Data Source 1.6 Economic Indicators 1.7 Currency Considered 1.8 Market Estimation Caveats 2 Executive Summary 2.1 World Market Overview 2.1.1 Global Truck Annual Sales 2018-2029 2.1.2 World Current & Future Analysis for Truck by Geographic Region, 2018, 2022 & 2029 2.1.3 World Current & Future Analysis for Truck by Country/Region, 2018, 2022 & 2029 2.2 Truck Segment by Type 2.2.1 Capacity Below 25 Ton 2.2.2 Capacity Between 25 Ton To 50 Ton 2.2.3 Capacity Above 50 Ton 2.3 Truck Sales by Type 2.3.1 Global Truck Sales Market Share by Type (2018-2023) 2.3.2 Global Truck Revenue and Market Share by Type (2018-2023) 2.3.3 Global Truck Sale Price by Type (2018-2023) 2.4 Truck Segment by Application 2.4.1 Utility 2.4.2 Construction 2.4.3 Oil & Gas 2.4.4 Others 2.5 Truck Sales by Application 2.5.1 Global Truck Sale Market Share by Application (2018-2023) 2.5.2 Global Truck Revenue and Market Share by Application (2018-2023) 2.5.3 Global Truck Sale Price by Application (2018-2023) 3 Global Truck by Company 3.1 Global Truck Breakdown Data by Company 3.1.1 Global Truck Annual Sales by Company (2018-2023) 3.1.2 Global Truck Sales Market Share by Company (2018-2023) 3.2 Global Truck Annual Revenue by Company (2018-2023) 3.2.1 Global Truck Revenue by Company (2018-2023) 3.2.2 Global Truck Revenue Market Share by Company (2018-2023) 3.3 Global Truck Sale Price by Company 3.4 Key Manufacturers Truck Producing Area Distribution, Sales Area, Product Type 3.4.1 Key Manufacturers Truck Product Location Distribution 3.4.2 Players Truck Products Offered 3.5 Market Concentration Rate Analysis 3.5.1 Competition Landscape Analysis 3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2018-2023) 3.6 New Products and Potential Entrants 3.7 Mergers & Acquisitions, Expansion 4 World Historic Review for Truck by Geographic Region 4.1 World Historic Truck Market Size by Geographic Region (2018-2023) 4.1.1 Global Truck Annual Sales by Geographic Region (2018-2023) 4.1.2 Global Truck Annual Revenue by Geographic Region (2018-2023) 4.2 World Historic Truck Market Size by Country/Region (2018-2023) 4.2.1 Global Truck Annual Sales by Country/Region (2018-2023) 4.2.2 Global Truck Annual Revenue by Country/Region (2018-2023) 4.3 Americas Truck Sales Growth 4.4 APAC Truck Sales Growth 4.5 Europe Truck Sales Growth 4.6 Middle East & Africa Truck Sales Growth 5 Americas 5.1 Americas Truck Sales by Country 5.1.1 Americas Truck Sales by Country (2018-2023) 5.1.2 Americas Truck Revenue by Country (2018-2023) 5.2 Americas Truck Sales by Type 5.3 Americas Truck Sales by Application 5.4 United States 5.5 Canada 5.6 Mexico 5.7 Brazil 6 APAC 6.1 APAC Truck Sales by Region 6.1.1 APAC Truck Sales by Region (2018-2023) 6.1.2 APAC Truck Revenue by Region (2018-2023) 6.2 APAC Truck Sales by Type 6.3 APAC Truck Sales by Application 6.4 China 6.5 Japan 6.6 South Korea 6.7 Southeast Asia 6.8 India 6.9 Australia 6.10 China Taiwan 7 Europe 7.1 Europe Truck by Country 7.1.1 Europe Truck Sales by Country (2018-2023) 7.1.2 Europe Truck Revenue by Country (2018-2023) 7.2 Europe Truck Sales by Type 7.3 Europe Truck Sales by Application 7.4 Germany 7.5 France 7.6 UK 7.7 Italy 7.8 Russia 8 Middle East & Africa 8.1 Middle East & Africa Truck by Country 8.1.1 Middle East & Africa Truck Sales by Country (2018-2023) 8.1.2 Middle East & Africa Truck Revenue by Country (2018-2023) 8.2 Middle East & Africa Truck Sales by Type 8.3 Middle East & Africa Truck Sales by Application 8.4 Egypt 8.5 South Africa 8.6 Israel 8.7 Turkey 8.8 GCC Countries 9 Market Drivers, Challenges and Trends 9.1 Market Drivers & Growth Opportunities 9.2 Market Challenges & Risks 9.3 Industry Trends 10 Manufacturing Cost Structure Analysis 10.1 Raw Material and Suppliers 10.2 Manufacturing Cost Structure Analysis of Truck 10.3 Manufacturing Process Analysis of Truck 10.4 Industry Chain Structure of Truck 11 Marketing, Distributors and Customer 11.1 Sales Channel 11.1.1 Direct Channels 11.1.2 Indirect Channels 11.2 Truck Distributors 11.3 Truck Customer 12 World Forecast Review for Truck by Geographic Region 12.1 Global Truck Market Size Forecast by Region 12.1.1 Global Truck Forecast by Region (2024-2029) 12.1.2 Global Truck Annual Revenue Forecast by Region (2024-2029) 12.2 Americas Forecast by Country 12.3 APAC Forecast by Region 12.4 Europe Forecast by Country 12.5 Middle East & Africa Forecast by Country 12.6 Global Truck Forecast by Type 12.7 Global Truck Forecast by Application 13 Key Players Analysis 13.1 Toyota Industries Corporation 13.1.1 Toyota Industries Corporation Company Information 13.1.2 Toyota Industries Corporation Truck Product Portfolios and Specifications 13.1.3 Toyota Industries Corporation Truck Sales, Revenue, Price and Gross Margin (2018-2023) 13.1.4 Toyota Industries Corporation Main Business Overview 13.1.5 Toyota Industries Corporation Latest Developments 13.2 KION Group 13.2.1 KION Group Company Information 13.2.2 KION Group Truck Product Portfolios and Specifications 13.2.3 KION Group Truck Sales, Revenue, Price and Gross Margin (2018-2023) 13.2.4 KION Group Main Business Overview 13.2.5 KION Group Latest Developments 13.3 Mitsubishi Nichiyu Forklift 13.3.1 Mitsubishi Nichiyu Forklift Company Information 13.3.2 Mitsubishi Nichiyu Forklift Truck Product Portfolios and Specifications 13.3.3 Mitsubishi Nichiyu Forklift Truck Sales, Revenue, Price and Gross Margin (2018-2023) 13.3.4 Mitsubishi Nichiyu Forklift Main Business Overview 13.3.5 Mitsubishi Nichiyu Forklift Latest Developments 13.4 Jungheinrich AG 13.4.1 Jungheinrich AG Company Information 13.4.2 Jungheinrich AG Truck Product Portfolios and Specifications 13.4.3 Jungheinrich AG Truck Sales, Revenue, Price and Gross Margin (2018-2023) 13.4.4 Jungheinrich AG Main Business Overview 13.4.5 Jungheinrich AG Latest Developments 13.5 Crown Equipment 13.5.1 Crown Equipment Company Information 13.5.2 Crown Equipment Truck Product Portfolios and Specifications 13.5.3 Crown Equipment Truck Sales, Revenue, Price and Gross Margin (2018-2023) 13.5.4 Crown Equipment Main Business Overview 13.5.5 Crown Equipment Latest Developments 13.6 Hyster-Yale Materials Handling 13.6.1 Hyster-Yale Materials Handling Company Information 13.6.2 Hyster-Yale Materials Handling Truck Product Portfolios and Specifications 13.6.3 Hyster-Yale Materials Handling Truck Sales, Revenue, Price and Gross Margin (2018-2023) 13.6.4 Hyster-Yale Materials Handling Main Business Overview 13.6.5 Hyster-Yale Materials Handling Latest Developments 13.7 Anhui Forklift Truck 13.7.1 Anhui Forklift Truck Company Information 13.7.2 Anhui Forklift Truck Truck Product Portfolios and Specifications 13.7.3 Anhui Forklift Truck Truck Sales, Revenue, Price and Gross Margin (2018-2023) 13.7.4 Anhui Forklift Truck Main Business Overview 13.7.5 Anhui Forklift Truck Latest Developments 13.8 Doosan Industrial Vehicle 13.8.1 Doosan Industrial Vehicle Company Information 13.8.2 Doosan Industrial Vehicle Truck Product Portfolios and Specifications 13.8.3 Doosan Industrial Vehicle Truck Sales, Revenue, Price and Gross Margin (2018-2023) 13.8.4 Doosan Industrial Vehicle Main Business Overview 13.8.5 Doosan Industrial Vehicle Latest Developments 13.9 Hangcha Group 13.9.1 Hangcha Group Company Information 13.9.2 Hangcha Group Truck Product Portfolios and Specifications 13.9.3 Hangcha Group Truck Sales, Revenue, Price and Gross Margin (2018-2023) 13.9.4 Hangcha Group Main Business Overview 13.9.5 Hangcha Group Latest Developments 13.10 Clark Material Handling 13.10.1 Clark Material Handling Company Information 13.10.2 Clark Material Handling Truck Product Portfolios and Specifications 13.10.3 Clark Material Handling Truck Sales, Revenue, Price and Gross Margin (2018-2023) 13.10.4 Clark Material Handling Main Business Overview 13.10.5 Clark Material Handling Latest Developments 13.11 Komatsu 13.11.1 Komatsu Company Information 13.11.2 Komatsu Truck Product Portfolios and Specifications 13.11.3 Komatsu Truck Sales, Revenue, Price and Gross Margin (2018-2023) 13.11.4 Komatsu Main Business Overview 13.11.5 Komatsu Latest Developments 13.12 Hyundai Heavy Industries 13.12.1 Hyundai Heavy Industries Company Information 13.12.2 Hyundai Heavy Industries Truck Product Portfolios and Specifications 13.12.3 Hyundai Heavy Industries Truck Sales, Revenue, Price and Gross Margin (2018-2023) 13.12.4 Hyundai Heavy Industries Main Business Overview 13.12.5 Hyundai Heavy Industries Latest Developments 13.13 Combilift 13.13.1 Combilift Company Information 13.13.2 Combilift Truck Product Portfolios and Specifications 13.13.3 Combilift Truck Sales, Revenue, Price and Gross Margin (2018-2023) 13.13.4 Combilift Main Business Overview 13.13.5 Combilift Latest Developments 13.14 EP Equipment 13.14.1 EP Equipment Company Information 13.14.2 EP Equipment Truck Product Portfolios and Specifications 13.14.3 EP Equipment Truck Sales, Revenue, Price and Gross Margin (2018-2023) 13.14.4 EP Equipment Main Business Overview 13.14.5 EP Equipment Latest Developments 13.15 Konecranes 13.15.1 Konecranes Company Information 13.15.2 Konecranes Truck Product Portfolios and Specifications 13.15.3 Konecranes Truck Sales, Revenue, Price and Gross Margin (2018-2023) 13.15.4 Konecranes Main Business Overview 13.15.5 Konecranes Latest Developments 14 Research Findings and Conclusion