U.S. Commercial Vehicles Market Size, Share, and Trends 2025 to 2034

The U.S. commercial vehicles market is on a growth trajectory, fueled by booming e-commerce, technological advancements, and the shift toward electric fleets. With a projected CAGR of 6.80% through 2034, the market is evolving rapidly to meet the demands of logistics, passenger transport, and green mobility.

Last Updated : June 2025  |  Report Code : 3775  |  Category : Automotive  |  Format : PDF / PPT / Excel

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on US Commercial Vehicles Market 

5.1. COVID-19 Landscape: US Commercial Vehicles Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. US Commercial Vehicles Market, By Product

8.1. US Commercial Vehicles Market Revenue and Volume Forecast, by Product

8.1.1. Light Commercial Vehicles (LCVs)

8.1.1.1. Market Revenue and Volume Forecast

8.1.2. Buses & Coaches

8.1.2.1. Market Revenue and Volume Forecast

8.1.3. Heavy Trucks

8.1.3.1. Market Revenue and Volume Forecast

Chapter 9. US Commercial Vehicles Market, By End-use

9.1. US Commercial Vehicles Market Revenue and Volume Forecast, by End-use

9.1.1. Mining & Construction

9.1.1.1. Market Revenue and Volume Forecast

9.1.2. Industrial

9.1.2.1. Market Revenue and Volume Forecast

9.1.3. Passenger Transportation

9.1.3.1. Market Revenue and Volume Forecast

9.1.4. Logistics

9.1.4.1. Market Revenue and Volume Forecast

9.1.5. Others

9.1.5.1. Market Revenue and Volume Forecast

Chapter 10. US Commercial Vehicles Market, By Propulsion Type 

10.1. US Commercial Vehicles Market Revenue and Volume Forecast, by Propulsion Type

10.1.1. IC Engine

10.1.1.1. Market Revenue and Volume Forecast

10.1.2. Electric Vehicle

10.1.2.1. Market Revenue and Volume Forecast

Chapter 11. US Commercial Vehicles Market, By Power Source 

11.1. US Commercial Vehicles Market Revenue and Volume Forecast, by Power Source

11.1.1. Gasoline

11.1.1.1. Market Revenue and Volume Forecast

11.1.2. Diesel

11.1.2.1. Market Revenue and Volume Forecast

11.1.3. HEV/PHEV

11.1.3.1. Market Revenue and Volume Forecast

11.1.4. Battery Electric Vehicle (BEV)

11.1.4.1. Market Revenue and Volume Forecast

11.1.5. Fuel Cell Vehicle

11.1.5.1. Market Revenue and Volume Forecast

11.1.6. LPG & Natural Gas

11.1.6.1. Market Revenue and Volume Forecast

Chapter 12. US Commercial Vehicles Market and Trend Forecast

12.1. U.S.

12.1.1. Market Revenue and Volume Forecast, by Product

12.1.2. Market Revenue and Volume Forecast, by End-use

12.1.3. Market Revenue and Volume Forecast, by Propulsion Type

12.1.4. Market Revenue and Volume Forecast, by Power Source

Chapter 13. Company Profiles

13.1. Ford Motor Company

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Daimler Trucks North America

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Hino Motors, Ltd.

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. GM motors

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. ISUZU COMMERCIAL TRUCKS

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Paccar Inc

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Navistar International Transportation Corporation

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Toyota motor corporation

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Volvo Group

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. ZF Friedrichshafen AG

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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Frequently Asked Questions

The U.S. commercial vehicles market size is expected to increase USD 364.99 billion by 2034 from USD 213.35 billion in 2024.

The U.S. commercial vehicles market will register growth rate of 6.80% between 2025 and 2034.

The major players operating in the U.S. commercial vehicles market are Ford Motor Company, Daimler Trucks North America, Hino Motors, Ltd., GM motors, ISUZU COMMERCIAL TRUCKS, Paccar Inc, Navistar International Transportation Corporation, Toyota motor corporation, Volvo Group, ZF Friedrichshafen AG, and Others.

The driving factors of the U.S. commercial vehicles market are the growth of online delivery services for groceries and perishable commodities.

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