

Heavy truck & tractor refers to a powerful and robust type of truck designed for hauling heavy loads, especially in the context of semi-trailer trucks. These tractors are equipped with powerful engines, often with high horsepower and torque, to handle the demands of pulling heavy loads. These vehicles are commonly used in long-haul transportation and are characterized by their high towing capacity, durable construction, and often feature a sleeping compartment for the driver.
The global Heavy Truck & Tractor market size is projected to grow from US$ 80300 million in 2024 to US$ 110120 million in 2030; it is expected to grow at a CAGR of 5.4% from 2024 to 2030.
The “Heavy Truck & Tractor Industry Forecast” looks at past sales and reviews total world Heavy Truck & Tractor sales in 2023, providing a comprehensive analysis by region and market sector of projected Heavy Truck & Tractor sales for 2024 through 2030. With Heavy Truck & Tractor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Heavy Truck & Tractor industry.
This Insight Report provides a comprehensive analysis of the global Heavy Truck & Tractor 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 Heavy Truck & Tractor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Heavy Truck & Tractor market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Heavy Truck & Tractor 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 Heavy Truck & Tractor.
Global key players of Heavy Truck & Tractor include Daimler, FAW Group, Traton and Volvo, PACCAR, etc. The top five players hold a share over 55%. Asia-Pacific is the largest market, with a share about 60%. In terms of product type, Sleeper Cab Type is the largest segment, occupied for a share of about 68%. And in terms of application, Logistics has a share about 50 percent.
This report presents a comprehensive overview, market shares, and growth opportunities of Heavy Truck & Tractor market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Sleeper Cab Type
Day Cab Type
Segmentation by Application:
Logistics
Construction
Mining
Other
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 analysing the company's coverage, product portfolio, its market penetration.
Daimler
Traton
Volvo
PACCAR
FAW Group
Dongfeng Motor
Sinotruk Group
Foton
IVECO
Kamaz
SHACMAN
Tata Motors
Isuzu Motors
Key Questions Addressed in this Report
What is the 10-year outlook for the global Heavy Truck & Tractor market?
What factors are driving Heavy Truck & Tractor market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Heavy Truck & Tractor market opportunities vary by end market size?
How does Heavy Truck & Tractor break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
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 Heavy Truck & Tractor Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Heavy Truck & Tractor by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Heavy Truck & Tractor by Country/Region, 2019, 2023 & 2030
2.2 Heavy Truck & Tractor Segment by Type
2.2.1 Sleeper Cab Type
2.2.2 Day Cab Type
2.3 Heavy Truck & Tractor Sales by Type
2.3.1 Global Heavy Truck & Tractor Sales Market Share by Type (2019-2024)
2.3.2 Global Heavy Truck & Tractor Revenue and Market Share by Type (2019-2024)
2.3.3 Global Heavy Truck & Tractor Sale Price by Type (2019-2024)
2.4 Heavy Truck & Tractor Segment by Application
2.4.1 Logistics
2.4.2 Construction
2.4.3 Mining
2.4.4 Other
2.5 Heavy Truck & Tractor Sales by Application
2.5.1 Global Heavy Truck & Tractor Sale Market Share by Application (2019-2024)
2.5.2 Global Heavy Truck & Tractor Revenue and Market Share by Application (2019-2024)
2.5.3 Global Heavy Truck & Tractor Sale Price by Application (2019-2024)
3 Global by Company
3.1 Global Heavy Truck & Tractor Breakdown Data by Company
3.1.1 Global Heavy Truck & Tractor Annual Sales by Company (2019-2024)
3.1.2 Global Heavy Truck & Tractor Sales Market Share by Company (2019-2024)
3.2 Global Heavy Truck & Tractor Annual Revenue by Company (2019-2024)
3.2.1 Global Heavy Truck & Tractor Revenue by Company (2019-2024)
3.2.2 Global Heavy Truck & Tractor Revenue Market Share by Company (2019-2024)
3.3 Global Heavy Truck & Tractor Sale Price by Company
3.4 Key Manufacturers Heavy Truck & Tractor Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Heavy Truck & Tractor Product Location Distribution
3.4.2 Players Heavy Truck & Tractor Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Heavy Truck & Tractor by Geographic Region
4.1 World Historic Heavy Truck & Tractor Market Size by Geographic Region (2019-2024)
4.1.1 Global Heavy Truck & Tractor Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Heavy Truck & Tractor Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Heavy Truck & Tractor Market Size by Country/Region (2019-2024)
4.2.1 Global Heavy Truck & Tractor Annual Sales by Country/Region (2019-2024)
4.2.2 Global Heavy Truck & Tractor Annual Revenue by Country/Region (2019-2024)
4.3 Americas Heavy Truck & Tractor Sales Growth
4.4 APAC Heavy Truck & Tractor Sales Growth
4.5 Europe Heavy Truck & Tractor Sales Growth
4.6 Middle East & Africa Heavy Truck & Tractor Sales Growth
5 Americas
5.1 Americas Heavy Truck & Tractor Sales by Country
5.1.1 Americas Heavy Truck & Tractor Sales by Country (2019-2024)
5.1.2 Americas Heavy Truck & Tractor Revenue by Country (2019-2024)
5.2 Americas Heavy Truck & Tractor Sales by Type (2019-2024)
5.3 Americas Heavy Truck & Tractor Sales by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Heavy Truck & Tractor Sales by Region
6.1.1 APAC Heavy Truck & Tractor Sales by Region (2019-2024)
6.1.2 APAC Heavy Truck & Tractor Revenue by Region (2019-2024)
6.2 APAC Heavy Truck & Tractor Sales by Type (2019-2024)
6.3 APAC Heavy Truck & Tractor Sales by Application (2019-2024)
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 Heavy Truck & Tractor by Country
7.1.1 Europe Heavy Truck & Tractor Sales by Country (2019-2024)
7.1.2 Europe Heavy Truck & Tractor Revenue by Country (2019-2024)
7.2 Europe Heavy Truck & Tractor Sales by Type (2019-2024)
7.3 Europe Heavy Truck & Tractor Sales by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Heavy Truck & Tractor by Country
8.1.1 Middle East & Africa Heavy Truck & Tractor Sales by Country (2019-2024)
8.1.2 Middle East & Africa Heavy Truck & Tractor Revenue by Country (2019-2024)
8.2 Middle East & Africa Heavy Truck & Tractor Sales by Type (2019-2024)
8.3 Middle East & Africa Heavy Truck & Tractor Sales by Application (2019-2024)
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 Heavy Truck & Tractor
10.3 Manufacturing Process Analysis of Heavy Truck & Tractor
10.4 Industry Chain Structure of Heavy Truck & Tractor
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Heavy Truck & Tractor Distributors
11.3 Heavy Truck & Tractor Customer
12 World Forecast Review for Heavy Truck & Tractor by Geographic Region
12.1 Global Heavy Truck & Tractor Market Size Forecast by Region
12.1.1 Global Heavy Truck & Tractor Forecast by Region (2025-2030)
12.1.2 Global Heavy Truck & Tractor Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country (2025-2030)
12.3 APAC Forecast by Region (2025-2030)
12.4 Europe Forecast by Country (2025-2030)
12.5 Middle East & Africa Forecast by Country (2025-2030)
12.6 Global Heavy Truck & Tractor Forecast by Type (2025-2030)
12.7 Global Heavy Truck & Tractor Forecast by Application (2025-2030)
13 Key Players Analysis
13.1 Daimler
13.1.1 Daimler Company Information
13.1.2 Daimler Heavy Truck & Tractor Product Portfolios and Specifications
13.1.3 Daimler Heavy Truck & Tractor Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Daimler Main Business Overview
13.1.5 Daimler Latest Developments
13.2 Traton
13.2.1 Traton Company Information
13.2.2 Traton Heavy Truck & Tractor Product Portfolios and Specifications
13.2.3 Traton Heavy Truck & Tractor Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Traton Main Business Overview
13.2.5 Traton Latest Developments
13.3 Volvo
13.3.1 Volvo Company Information
13.3.2 Volvo Heavy Truck & Tractor Product Portfolios and Specifications
13.3.3 Volvo Heavy Truck & Tractor Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Volvo Main Business Overview
13.3.5 Volvo Latest Developments
13.4 PACCAR
13.4.1 PACCAR Company Information
13.4.2 PACCAR Heavy Truck & Tractor Product Portfolios and Specifications
13.4.3 PACCAR Heavy Truck & Tractor Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 PACCAR Main Business Overview
13.4.5 PACCAR Latest Developments
13.5 FAW Group
13.5.1 FAW Group Company Information
13.5.2 FAW Group Heavy Truck & Tractor Product Portfolios and Specifications
13.5.3 FAW Group Heavy Truck & Tractor Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 FAW Group Main Business Overview
13.5.5 FAW Group Latest Developments
13.6 Dongfeng Motor
13.6.1 Dongfeng Motor Company Information
13.6.2 Dongfeng Motor Heavy Truck & Tractor Product Portfolios and Specifications
13.6.3 Dongfeng Motor Heavy Truck & Tractor Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 Dongfeng Motor Main Business Overview
13.6.5 Dongfeng Motor Latest Developments
13.7 Sinotruk Group
13.7.1 Sinotruk Group Company Information
13.7.2 Sinotruk Group Heavy Truck & Tractor Product Portfolios and Specifications
13.7.3 Sinotruk Group Heavy Truck & Tractor Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Sinotruk Group Main Business Overview
13.7.5 Sinotruk Group Latest Developments
13.8 Foton
13.8.1 Foton Company Information
13.8.2 Foton Heavy Truck & Tractor Product Portfolios and Specifications
13.8.3 Foton Heavy Truck & Tractor Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Foton Main Business Overview
13.8.5 Foton Latest Developments
13.9 IVECO
13.9.1 IVECO Company Information
13.9.2 IVECO Heavy Truck & Tractor Product Portfolios and Specifications
13.9.3 IVECO Heavy Truck & Tractor Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 IVECO Main Business Overview
13.9.5 IVECO Latest Developments
13.10 Kamaz
13.10.1 Kamaz Company Information
13.10.2 Kamaz Heavy Truck & Tractor Product Portfolios and Specifications
13.10.3 Kamaz Heavy Truck & Tractor Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 Kamaz Main Business Overview
13.10.5 Kamaz Latest Developments
13.11 SHACMAN
13.11.1 SHACMAN Company Information
13.11.2 SHACMAN Heavy Truck & Tractor Product Portfolios and Specifications
13.11.3 SHACMAN Heavy Truck & Tractor Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 SHACMAN Main Business Overview
13.11.5 SHACMAN Latest Developments
13.12 Tata Motors
13.12.1 Tata Motors Company Information
13.12.2 Tata Motors Heavy Truck & Tractor Product Portfolios and Specifications
13.12.3 Tata Motors Heavy Truck & Tractor Sales, Revenue, Price and Gross Margin (2019-2024)
13.12.4 Tata Motors Main Business Overview
13.12.5 Tata Motors Latest Developments
13.13 Isuzu Motors
13.13.1 Isuzu Motors Company Information
13.13.2 Isuzu Motors Heavy Truck & Tractor Product Portfolios and Specifications
13.13.3 Isuzu Motors Heavy Truck & Tractor Sales, Revenue, Price and Gross Margin (2019-2024)
13.13.4 Isuzu Motors Main Business Overview
13.13.5 Isuzu Motors Latest Developments
14 Research Findings and Conclusion
*If Applicable.