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1511273

クラス1トラックの世界市場、2030年までの予測:製品別、燃料別、用途別、エンドユーザー別、地域別

Class 1 Truck Market Forecasts to 2030 - Global Analysis By Product (Mini Van, Cargo Van, Full-Size Pickup, Step Van and Other Products), Fuel, Application, End User and By Geography


出版日
ページ情報
英文 200+ Pages
納期
2~3営業日
カスタマイズ可能
価格
価格表記: USDを日本円(税抜)に換算
本日の銀行送金レート: 1USD=147.66円
クラス1トラックの世界市場、2030年までの予測:製品別、燃料別、用途別、エンドユーザー別、地域別
出版日: 2024年07月06日
発行: Stratistics Market Research Consulting
ページ情報: 英文 200+ Pages
納期: 2~3営業日
GIIご利用のメリット
  • 全表示
  • 概要
  • 図表
  • 目次
概要

Stratistics MRCによると、世界のクラス1トラック市場は2024年に1兆8,000億米ドルを占め、予測期間中のCAGRは8.0%で成長し、2030年には2兆9,000億米ドルに達すると予想されています。

これらのトラックは多くの場合小型で、小型ピックアップトラックやバンのような車両が含まれます。クラス1トラックは、より大きなクラスのトラックと比べ、サイズや積載重量が比較的小さいため、一般的に個人輸送や軽商用に使用されます。多用途で操縦性が高く、経済的であるため、都市部や郊外での通勤、小規模な配達、公共サービスなどの日常業務によく使われます。

都市化と人口増加

都市化と人口増加は、市場の需要促進要因です。都市が拡大し人口が増加するにつれ、都市部での効率的な物資・サービス輸送の必要性が高まっています。クラス1トラックは、そのコンパクトなサイズと多用途性により、こうした環境でますます人気が高まっています。第1種トラックは操縦性と費用対効果を備えており、混雑した市街地を移動し、急増する都市人口の需要に応えるのに理想的です。

限られた積載量と牽引力

市場は、積載量と牽引力の制限という大きな課題に直面しています。この制約は、特に重い積載量や牽引能力を必要とする産業において、さまざまな用途におけるこれらのトラックの多様性と有用性を制限しています。メーカーは、規制基準を遵守しつつこれらの制約を克服するため、エンジン性能、シャーシ設計、材料の革新を迫られています。

消費者の嗜好の変化

持続可能性が重要視されるにつれ、電気自動車やハイブリッド車に対する需要が高まっています。また、ナビゲーション、安全性、エンターテイメントなどの先進技術を優先的に購入するようになり、効率性とコネクティビティ機能も極めて重要になってきています。モジュラーデザインやフレキシブルインテリアなどのカスタマイズオプションは、業界を超えた多様なニーズに対応し、人気を集めています。全体として、消費者はこのセグメントにおいて、環境にやさしく、技術的に先進的で、カスタマイズ可能なソリューションを求めています。

燃料価格の変動

近年、市場は燃料価格の大幅な変動を目の当たりにしてきました。こうした変動は、地政学的緊張、需給の不均衡、規制の変更など様々な要因に起因しています。燃料価格の変動は、トラック運送会社の営業コストに直接的な影響を及ぼし、収益性と価格戦略に影響を及ぼしています。その結果、このセクターの企業は燃料価格の動向を注意深く監視し、こうした変動の影響を軽減するために事業を適応させることが多いです。

COVID-19の影響:

主に小型トラックで構成されるクラス1トラック市場は、COVID-19によるいくつかの影響を目の当たりにしました。当初は、サプライチェーンが寸断されたため、生産と販売が減速しました。しかし、パンデミックが進行するにつれ、eコマースの成長に牽引され、ラストマイルデリバリー車の需要が急増しました。このため、COVID後の持続可能性と効率性へのシフトを反映して、クラス1トラックに対する電気トラックや自律走行トラックへの関心が高まりました。

予測期間中、貨物バンセグメントが最大となる見込み

予測期間中、貨物バンセグメントは最大になると予想されます。多用途性、燃費効率、コンパクトなサイズにより、都市部での配送や小規模ビジネスに最適です。電気技術やハイブリッド技術の進歩に伴い、貨物バンも環境に優しくなっており、環境意識の高い消費者にアピールしています。このシフトにより、メーカー各社はクラス1セグメントで革新的な製品を提供し、多様な産業や輸送ニーズに対応するようになりました。

農業セグメントは予測期間中最も高いCAGRが見込まれる

農業分野は予測期間中、CAGRが最も高くなると予想されます。小規模農家は、効率的なエンジン、電気またはハイブリッドドライブトレイン、スマート農業技術のような先進機能を装備した環境に優しいトラックを選ぶようになってきています。これらのトラックは環境への影響を低減するだけでなく、農家の生産性と運転上の利便性を向上させ、このセグメントにおける農業慣行の著しい進化を示しています。

最大のシェアを占める地域:

北米は、多用途な機能を備えたトラックに対する消費者需要の増加、燃費と性能の改善につながる技術の進歩、自動車のような快適性とトラックのような実用性を融合させたクロスオーバー車への動向などの要因により、予測期間中最大の市場シェアを占めると予測されます。さらに、燃料価格の低下、魅力的な融資オプション、好調な経済といった要因も、この地域の市場成長に寄与しています。

CAGRが最も高い地域:

予測期間中、アジア太平洋地域が最も高いCAGRを維持すると予測されます。需要は建設、物流、輸送など様々な産業によって煽られています。これらのトラックは軽量から中重量の商品や資材の運搬に使用され、企業にとって不可欠なものとなっています。この市場の競合は激しく、各社は競争力を得るために製品の革新、コスト効率、流通網の拡大に注力しています。

無料のカスタマイズサービス:

本レポートをご購読のお客様には、以下の無料カスタマイズオプションのいずれかをご利用いただけます:

  • 企業プロファイル
    • 追加市場プレーヤーの包括的プロファイリング(3社まで)
    • 主要企業のSWOT分析(3社まで)
  • 地域セグメンテーション
    • 顧客の関心に応じた主要国の市場推計・予測・CAGR(注:フィージビリティチェックによる)
  • 競合ベンチマーキング
    • 製品ポートフォリオ、地理的プレゼンス、戦略的提携に基づく主要企業のベンチマーキング

目次

第1章 エグゼクティブサマリー

第2章 序文

  • 概要
  • ステークホルダー
  • 調査範囲
  • 調査手法
    • データマイニング
    • データ分析
    • データ検証
    • 調査アプローチ
  • 調査情報源
    • 1次調査情報源
    • 2次調査情報源
    • 前提条件

第3章 市場動向分析

  • 促進要因
  • 抑制要因
  • 機会
  • 脅威
  • 製品分析
  • 用途分析
  • エンドユーザー分析
  • 新興市場
  • COVID-19の影響

第4章 ポーターのファイブフォース分析

  • 供給企業の交渉力
  • 買い手の交渉力
  • 代替品の脅威
  • 新規参入業者の脅威
  • 競争企業間の敵対関係

第5章 世界のクラス1トラック市場:製品別

  • ミニバン
  • 貨物バン
  • フルサイズピックアップ
  • ステップバン
  • その他

第6章 世界のクラス1トラック市場:燃料別

  • ハイブリッド
  • 電気
  • ディーゼル
  • ガソリン
  • その他

第7章 世界のクラス1トラック市場:用途別

  • 都市配達
  • 食品サービス
  • 配送サービス
  • その他の用途

第8章 世界のクラス1トラック市場:エンドユーザー別

  • 建設
  • 農業
  • ロジスティクス
  • その他

第9章 世界のクラス1トラック市場:地域別

  • 北米
    • 米国
    • カナダ
    • メキシコ
  • 欧州
    • ドイツ
    • 英国
    • イタリア
    • フランス
    • スペイン
    • その他欧州
  • アジア太平洋地域
    • 日本
    • 中国
    • インド
    • オーストラリア
    • ニュージーランド
    • 韓国
    • その他アジア太平洋地域
  • 南米
    • アルゼンチン
    • ブラジル
    • チリ
    • その他南米
  • 中東・アフリカ
    • サウジアラビア
    • アラブ首長国連邦
    • カタール
    • 南アフリカ
    • その他中東・アフリカ

第10章 主な発展

  • 契約、パートナーシップ、コラボレーション、合弁事業
  • 買収と合併
  • 新製品発売
  • 事業拡大
  • その他の主要戦略

第11章 企業プロファイリング

  • Volvo Trucks
  • Mercedes-Benz Trucks
  • Tata Motors Limited
  • Mahindra & Mahindra Limited
  • Ashok Leyland
  • Hyundai Motor Company
  • Nissan
  • Ford Motor Company
  • General Motors
  • Chevrolet
  • Isuzu Motors Limited
  • Freightliner
  • JAC Motors
  • Ram Trucks
  • Hino Motors
図表

List of Tables

  • Table 1 Global Class 1 Truck Market Outlook, By Region (2022-2030) ($MN)
  • Table 2 Global Class 1 Truck Market Outlook, By Product (2022-2030) ($MN)
  • Table 3 Global Class 1 Truck Market Outlook, By Mini Van (2022-2030) ($MN)
  • Table 4 Global Class 1 Truck Market Outlook, By Cargo Van (2022-2030) ($MN)
  • Table 5 Global Class 1 Truck Market Outlook, By Full-Size Pickup (2022-2030) ($MN)
  • Table 6 Global Class 1 Truck Market Outlook, By Step Van (2022-2030) ($MN)
  • Table 7 Global Class 1 Truck Market Outlook, By Other Products (2022-2030) ($MN)
  • Table 8 Global Class 1 Truck Market Outlook, By Fuel (2022-2030) ($MN)
  • Table 9 Global Class 1 Truck Market Outlook, By Hybrid (2022-2030) ($MN)
  • Table 10 Global Class 1 Truck Market Outlook, By Electric (2022-2030) ($MN)
  • Table 11 Global Class 1 Truck Market Outlook, By Diesel (2022-2030) ($MN)
  • Table 12 Global Class 1 Truck Market Outlook, By Gasoline (2022-2030) ($MN)
  • Table 13 Global Class 1 Truck Market Outlook, By Other Fuels (2022-2030) ($MN)
  • Table 14 Global Class 1 Truck Market Outlook, By Application (2022-2030) ($MN)
  • Table 15 Global Class 1 Truck Market Outlook, By Urban Delivery (2022-2030) ($MN)
  • Table 16 Global Class 1 Truck Market Outlook, By Food Service (2022-2030) ($MN)
  • Table 17 Global Class 1 Truck Market Outlook, By Delivery Services (2022-2030) ($MN)
  • Table 18 Global Class 1 Truck Market Outlook, By Other Applications (2022-2030) ($MN)
  • Table 19 Global Class 1 Truck Market Outlook, By End User (2022-2030) ($MN)
  • Table 20 Global Class 1 Truck Market Outlook, By Construction (2022-2030) ($MN)
  • Table 21 Global Class 1 Truck Market Outlook, By Agriculture (2022-2030) ($MN)
  • Table 22 Global Class 1 Truck Market Outlook, By Logistics (2022-2030) ($MN)
  • Table 23 Global Class 1 Truck Market Outlook, By Other End Users (2022-2030) ($MN)
  • Table 24 North America Class 1 Truck Market Outlook, By Country (2022-2030) ($MN)
  • Table 25 North America Class 1 Truck Market Outlook, By Product (2022-2030) ($MN)
  • Table 26 North America Class 1 Truck Market Outlook, By Mini Van (2022-2030) ($MN)
  • Table 27 North America Class 1 Truck Market Outlook, By Cargo Van (2022-2030) ($MN)
  • Table 28 North America Class 1 Truck Market Outlook, By Full-Size Pickup (2022-2030) ($MN)
  • Table 29 North America Class 1 Truck Market Outlook, By Step Van (2022-2030) ($MN)
  • Table 30 North America Class 1 Truck Market Outlook, By Other Products (2022-2030) ($MN)
  • Table 31 North America Class 1 Truck Market Outlook, By Fuel (2022-2030) ($MN)
  • Table 32 North America Class 1 Truck Market Outlook, By Hybrid (2022-2030) ($MN)
  • Table 33 North America Class 1 Truck Market Outlook, By Electric (2022-2030) ($MN)
  • Table 34 North America Class 1 Truck Market Outlook, By Diesel (2022-2030) ($MN)
  • Table 35 North America Class 1 Truck Market Outlook, By Gasoline (2022-2030) ($MN)
  • Table 36 North America Class 1 Truck Market Outlook, By Other Fuels (2022-2030) ($MN)
  • Table 37 North America Class 1 Truck Market Outlook, By Application (2022-2030) ($MN)
  • Table 38 North America Class 1 Truck Market Outlook, By Urban Delivery (2022-2030) ($MN)
  • Table 39 North America Class 1 Truck Market Outlook, By Food Service (2022-2030) ($MN)
  • Table 40 North America Class 1 Truck Market Outlook, By Delivery Services (2022-2030) ($MN)
  • Table 41 North America Class 1 Truck Market Outlook, By Other Applications (2022-2030) ($MN)
  • Table 42 North America Class 1 Truck Market Outlook, By End User (2022-2030) ($MN)
  • Table 43 North America Class 1 Truck Market Outlook, By Construction (2022-2030) ($MN)
  • Table 44 North America Class 1 Truck Market Outlook, By Agriculture (2022-2030) ($MN)
  • Table 45 North America Class 1 Truck Market Outlook, By Logistics (2022-2030) ($MN)
  • Table 46 North America Class 1 Truck Market Outlook, By Other End Users (2022-2030) ($MN)
  • Table 47 Europe Class 1 Truck Market Outlook, By Country (2022-2030) ($MN)
  • Table 48 Europe Class 1 Truck Market Outlook, By Product (2022-2030) ($MN)
  • Table 49 Europe Class 1 Truck Market Outlook, By Mini Van (2022-2030) ($MN)
  • Table 50 Europe Class 1 Truck Market Outlook, By Cargo Van (2022-2030) ($MN)
  • Table 51 Europe Class 1 Truck Market Outlook, By Full-Size Pickup (2022-2030) ($MN)
  • Table 52 Europe Class 1 Truck Market Outlook, By Step Van (2022-2030) ($MN)
  • Table 53 Europe Class 1 Truck Market Outlook, By Other Products (2022-2030) ($MN)
  • Table 54 Europe Class 1 Truck Market Outlook, By Fuel (2022-2030) ($MN)
  • Table 55 Europe Class 1 Truck Market Outlook, By Hybrid (2022-2030) ($MN)
  • Table 56 Europe Class 1 Truck Market Outlook, By Electric (2022-2030) ($MN)
  • Table 57 Europe Class 1 Truck Market Outlook, By Diesel (2022-2030) ($MN)
  • Table 58 Europe Class 1 Truck Market Outlook, By Gasoline (2022-2030) ($MN)
  • Table 59 Europe Class 1 Truck Market Outlook, By Other Fuels (2022-2030) ($MN)
  • Table 60 Europe Class 1 Truck Market Outlook, By Application (2022-2030) ($MN)
  • Table 61 Europe Class 1 Truck Market Outlook, By Urban Delivery (2022-2030) ($MN)
  • Table 62 Europe Class 1 Truck Market Outlook, By Food Service (2022-2030) ($MN)
  • Table 63 Europe Class 1 Truck Market Outlook, By Delivery Services (2022-2030) ($MN)
  • Table 64 Europe Class 1 Truck Market Outlook, By Other Applications (2022-2030) ($MN)
  • Table 65 Europe Class 1 Truck Market Outlook, By End User (2022-2030) ($MN)
  • Table 66 Europe Class 1 Truck Market Outlook, By Construction (2022-2030) ($MN)
  • Table 67 Europe Class 1 Truck Market Outlook, By Agriculture (2022-2030) ($MN)
  • Table 68 Europe Class 1 Truck Market Outlook, By Logistics (2022-2030) ($MN)
  • Table 69 Europe Class 1 Truck Market Outlook, By Other End Users (2022-2030) ($MN)
  • Table 70 Asia Pacific Class 1 Truck Market Outlook, By Country (2022-2030) ($MN)
  • Table 71 Asia Pacific Class 1 Truck Market Outlook, By Product (2022-2030) ($MN)
  • Table 72 Asia Pacific Class 1 Truck Market Outlook, By Mini Van (2022-2030) ($MN)
  • Table 73 Asia Pacific Class 1 Truck Market Outlook, By Cargo Van (2022-2030) ($MN)
  • Table 74 Asia Pacific Class 1 Truck Market Outlook, By Full-Size Pickup (2022-2030) ($MN)
  • Table 75 Asia Pacific Class 1 Truck Market Outlook, By Step Van (2022-2030) ($MN)
  • Table 76 Asia Pacific Class 1 Truck Market Outlook, By Other Products (2022-2030) ($MN)
  • Table 77 Asia Pacific Class 1 Truck Market Outlook, By Fuel (2022-2030) ($MN)
  • Table 78 Asia Pacific Class 1 Truck Market Outlook, By Hybrid (2022-2030) ($MN)
  • Table 79 Asia Pacific Class 1 Truck Market Outlook, By Electric (2022-2030) ($MN)
  • Table 80 Asia Pacific Class 1 Truck Market Outlook, By Diesel (2022-2030) ($MN)
  • Table 81 Asia Pacific Class 1 Truck Market Outlook, By Gasoline (2022-2030) ($MN)
  • Table 82 Asia Pacific Class 1 Truck Market Outlook, By Other Fuels (2022-2030) ($MN)
  • Table 83 Asia Pacific Class 1 Truck Market Outlook, By Application (2022-2030) ($MN)
  • Table 84 Asia Pacific Class 1 Truck Market Outlook, By Urban Delivery (2022-2030) ($MN)
  • Table 85 Asia Pacific Class 1 Truck Market Outlook, By Food Service (2022-2030) ($MN)
  • Table 86 Asia Pacific Class 1 Truck Market Outlook, By Delivery Services (2022-2030) ($MN)
  • Table 87 Asia Pacific Class 1 Truck Market Outlook, By Other Applications (2022-2030) ($MN)
  • Table 88 Asia Pacific Class 1 Truck Market Outlook, By End User (2022-2030) ($MN)
  • Table 89 Asia Pacific Class 1 Truck Market Outlook, By Construction (2022-2030) ($MN)
  • Table 90 Asia Pacific Class 1 Truck Market Outlook, By Agriculture (2022-2030) ($MN)
  • Table 91 Asia Pacific Class 1 Truck Market Outlook, By Logistics (2022-2030) ($MN)
  • Table 92 Asia Pacific Class 1 Truck Market Outlook, By Other End Users (2022-2030) ($MN)
  • Table 93 South America Class 1 Truck Market Outlook, By Country (2022-2030) ($MN)
  • Table 94 South America Class 1 Truck Market Outlook, By Product (2022-2030) ($MN)
  • Table 95 South America Class 1 Truck Market Outlook, By Mini Van (2022-2030) ($MN)
  • Table 96 South America Class 1 Truck Market Outlook, By Cargo Van (2022-2030) ($MN)
  • Table 97 South America Class 1 Truck Market Outlook, By Full-Size Pickup (2022-2030) ($MN)
  • Table 98 South America Class 1 Truck Market Outlook, By Step Van (2022-2030) ($MN)
  • Table 99 South America Class 1 Truck Market Outlook, By Other Products (2022-2030) ($MN)
  • Table 100 South America Class 1 Truck Market Outlook, By Fuel (2022-2030) ($MN)
  • Table 101 South America Class 1 Truck Market Outlook, By Hybrid (2022-2030) ($MN)
  • Table 102 South America Class 1 Truck Market Outlook, By Electric (2022-2030) ($MN)
  • Table 103 South America Class 1 Truck Market Outlook, By Diesel (2022-2030) ($MN)
  • Table 104 South America Class 1 Truck Market Outlook, By Gasoline (2022-2030) ($MN)
  • Table 105 South America Class 1 Truck Market Outlook, By Other Fuels (2022-2030) ($MN)
  • Table 106 South America Class 1 Truck Market Outlook, By Application (2022-2030) ($MN)
  • Table 107 South America Class 1 Truck Market Outlook, By Urban Delivery (2022-2030) ($MN)
  • Table 108 South America Class 1 Truck Market Outlook, By Food Service (2022-2030) ($MN)
  • Table 109 South America Class 1 Truck Market Outlook, By Delivery Services (2022-2030) ($MN)
  • Table 110 South America Class 1 Truck Market Outlook, By Other Applications (2022-2030) ($MN)
  • Table 111 South America Class 1 Truck Market Outlook, By End User (2022-2030) ($MN)
  • Table 112 South America Class 1 Truck Market Outlook, By Construction (2022-2030) ($MN)
  • Table 113 South America Class 1 Truck Market Outlook, By Agriculture (2022-2030) ($MN)
  • Table 114 South America Class 1 Truck Market Outlook, By Logistics (2022-2030) ($MN)
  • Table 115 South America Class 1 Truck Market Outlook, By Other End Users (2022-2030) ($MN)
  • Table 116 Middle East & Africa Class 1 Truck Market Outlook, By Country (2022-2030) ($MN)
  • Table 117 Middle East & Africa Class 1 Truck Market Outlook, By Product (2022-2030) ($MN)
  • Table 118 Middle East & Africa Class 1 Truck Market Outlook, By Mini Van (2022-2030) ($MN)
  • Table 119 Middle East & Africa Class 1 Truck Market Outlook, By Cargo Van (2022-2030) ($MN)
  • Table 120 Middle East & Africa Class 1 Truck Market Outlook, By Full-Size Pickup (2022-2030) ($MN)
  • Table 121 Middle East & Africa Class 1 Truck Market Outlook, By Step Van (2022-2030) ($MN)
  • Table 122 Middle East & Africa Class 1 Truck Market Outlook, By Other Products (2022-2030) ($MN)
  • Table 123 Middle East & Africa Class 1 Truck Market Outlook, By Fuel (2022-2030) ($MN)
  • Table 124 Middle East & Africa Class 1 Truck Market Outlook, By Hybrid (2022-2030) ($MN)
  • Table 125 Middle East & Africa Class 1 Truck Market Outlook, By Electric (2022-2030) ($MN)
  • Table 126 Middle East & Africa Class 1 Truck Market Outlook, By Diesel (2022-2030) ($MN)
  • Table 127 Middle East & Africa Class 1 Truck Market Outlook, By Gasoline (2022-2030) ($MN)
  • Table 128 Middle East & Africa Class 1 Truck Market Outlook, By Other Fuels (2022-2030) ($MN)
  • Table 129 Middle East & Africa Class 1 Truck Market Outlook, By Application (2022-2030) ($MN)
  • Table 130 Middle East & Africa Class 1 Truck Market Outlook, By Urban Delivery (2022-2030) ($MN)
  • Table 131 Middle East & Africa Class 1 Truck Market Outlook, By Food Service (2022-2030) ($MN)
  • Table 132 Middle East & Africa Class 1 Truck Market Outlook, By Delivery Services (2022-2030) ($MN)
  • Table 133 Middle East & Africa Class 1 Truck Market Outlook, By Other Applications (2022-2030) ($MN)
  • Table 134 Middle East & Africa Class 1 Truck Market Outlook, By End User (2022-2030) ($MN)
  • Table 135 Middle East & Africa Class 1 Truck Market Outlook, By Construction (2022-2030) ($MN)
  • Table 136 Middle East & Africa Class 1 Truck Market Outlook, By Agriculture (2022-2030) ($MN)
  • Table 137 Middle East & Africa Class 1 Truck Market Outlook, By Logistics (2022-2030) ($MN)
  • Table 138 Middle East & Africa Class 1 Truck Market Outlook, By Other End Users (2022-2030) ($MN)
目次
Product Code: SMRC26644

According to Stratistics MRC, the Global Class 1 Truck Market is accounted for $1.8 trillion in 2024 and is expected to reach $2.9 trillion by 2030 growing at a CAGR of 8.0% during the forecast period. These trucks are often light-duty and include vehicles like small pickup trucks and vans. Class 1 trucks are typically used for personal transportation or light commercial purposes due to their relatively smaller size and weight capacity compared to larger classes of trucks. They are versatile, maneuverable, and economical, making them popular choices for everyday tasks such as commuting, small-scale deliveries, and utility services in urban and suburban environments.

Market Dynamics:

Driver:

Urbanization and population growth

Urbanization and population growth are key drivers of demand in the market. As cities expand and populations increase, there's a growing need for efficient transportation of goods and services within urban areas. Class 1 Trucks, with their compact size and versatility, are becoming increasingly popular in these settings. They offer maneuverability and cost-effectiveness, making them ideal for navigating crowded city streets and meeting the demands of a burgeoning urban population.

Restraint:

Limited payload and towing capacity

The market faces a significant challenge with limited payload and towing capacity. This constraint restricts the versatility and utility of these trucks for various applications, especially in industries requiring heavier loads or towing capabilities. Manufacturers are pressured to innovate in engine performance, chassis design, and materials to overcome these limitations while complying with regulatory standards.

Opportunity:

Evolving consumer preferences

There's a growing demand for electric and hybrid options as sustainability gains importance. Efficiency and connectivity features are also becoming crucial, with buyers prioritizing advanced technology for navigation, safety, and entertainment. Customization options, such as modular designs and flexible interiors, are gaining traction, catering to diverse needs across industries. Overall, consumers are seeking eco-friendly, technologically advanced, and customizable solutions in the segment.

Threat:

Fuel price fluctuations

The market has witnessed significant fuel price fluctuations in recent years. These fluctuations can be attributed to various factors such as geopolitical tensions, supply and demand imbalances, and regulatory changes. The volatility in fuel prices has had a direct impact on operating costs for trucking companies, influencing their profitability and pricing strategies. As a result, businesses in this sector closely monitor fuel price trends and often adapt their operations to mitigate the effects of these fluctuations.

Covid-19 Impact:

The Class 1 truck market, primarily comprising light-duty trucks, witnessed several effects due to COVID-19. Initially, there was a slowdown in production and sales as supply chains were disrupted. However, as the pandemic progressed, demand surged for last-mile delivery vehicles, driven by e-commerce growth. This led to increased interest in electric and autonomous Class 1 trucks, reflecting a shift towards sustainability and efficiency post-COVID.

The cargo van segment is expected to be the largest during the forecast period

The cargo van segment is expected to be the largest during the forecast period. Their versatility, fuel efficiency, and compact size make them ideal for urban deliveries and small businesses. With advancements in electric and hybrid technology, cargo vans are also becoming more eco-friendly, appealing to environmentally conscious consumers. This shift has prompted manufacturers to innovate and expand their offerings in the Class 1 segment, catering to a diverse range of industries and transportation needs.

The agriculture segment is expected to have the highest CAGR during the forecast period

The agriculture segment is expected to have the highest CAGR during the forecast period. Small-scale farmers are increasingly opting for eco-friendly trucks equipped with advanced features like efficient engines, electric or hybrid drivetrains, and smart farming technologies. These trucks not only reduce environmental impact but also enhance productivity and operational convenience for farmers, marking a significant evolution in agricultural practices within the segment.

Region with largest share:

North America is projected to hold the largest market share during the forecast period driven by factors such as increasing consumer demand for trucks with versatile capabilities, advancements in technology leading to improved fuel efficiency and performance, and a trend towards crossover vehicles that offer a blend of car-like comfort and truck-like utility. Additionally, factors such as lower fuel prices, attractive financing options, and a strong economy have also contributed to the growth of the market in the region.

Region with highest CAGR:

Asia Pacific is projected to hold the highest CAGR over the forecast period. The demand is fueled by various industries such as construction, logistics, and transportation. These trucks are used for carrying light to medium-weight goods and materials, making them essential for businesses. Competition in this market is intense, with companies focusing on product innovation, cost-efficiency, and expanding their distribution networks to gain a competitive edge.

Key players in the market

Some of the key players in Class 1 Truck market include Volvo Trucks, Mercedes-Benz Trucks, Tata Motors Limited, Mahindra & Mahindra Limited, Ashok Leyland, Hyundai Motor Company, Nissan, Ford Motor Company, General Motors, Chevrolet, Isuzu Motors Limited, Freightliner, JAC Motors, Ram Trucks and Hino Motors.

Key Developments:

In March 2024, Nissan Motor and Honda Motor announced that they had agreed to begin talks on a potential strategic partnership to collaborate on electric vehicles and automotive software, at a time when the two conventional carmakers are facing stiff competition from market newcomers.

In May 2023, Isuzu and Honda announced a partnership to develop and supply a fuel cell system for a heavy-duty truck that Isuzu plans to release in 2027.

Products Covered:

  • Mini Van
  • Cargo Van
  • Full-Size Pickup
  • Step Van
  • Other Products

Fuels Covered:

  • Hybrid
  • Electric
  • Diesel
  • Gasoline
  • Other Fuels

Applications Covered:

  • Urban Delivery
  • Food Service
  • Delivery Services
  • Other Applications

End Users Covered:

  • Construction
  • Agriculture
  • Logistics

Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • New Zealand
    • South Korea
    • Rest of Asia Pacific
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

What our report offers:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

  • Company Profiling
    • Comprehensive profiling of additional market players (up to 3)
    • SWOT Analysis of key players (up to 3)
  • Regional Segmentation
    • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
  • Competitive Benchmarking
    • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

  • 2.1 Abstract
  • 2.2 Stake Holders
  • 2.3 Research Scope
  • 2.4 Research Methodology
    • 2.4.1 Data Mining
    • 2.4.2 Data Analysis
    • 2.4.3 Data Validation
    • 2.4.4 Research Approach
  • 2.5 Research Sources
    • 2.5.1 Primary Research Sources
    • 2.5.2 Secondary Research Sources
    • 2.5.3 Assumptions

3 Market Trend Analysis

  • 3.1 Introduction
  • 3.2 Drivers
  • 3.3 Restraints
  • 3.4 Opportunities
  • 3.5 Threats
  • 3.6 Product Analysis
  • 3.7 Application Analysis
  • 3.8 End User Analysis
  • 3.9 Emerging Markets
  • 3.10 Impact of Covid-19

4 Porters Five Force Analysis

  • 4.1 Bargaining power of suppliers
  • 4.2 Bargaining power of buyers
  • 4.3 Threat of substitutes
  • 4.4 Threat of new entrants
  • 4.5 Competitive rivalry

5 Global Class 1 Truck Market, By Product

  • 5.1 Introduction
  • 5.2 Mini Van
  • 5.3 Cargo Van
  • 5.4 Full-Size Pickup
  • 5.5 Step Van
  • 5.6 Other Products

6 Global Class 1 Truck Market, By Fuel

  • 6.1 Introduction
  • 6.2 Hybrid
  • 6.3 Electric
  • 6.4 Diesel
  • 6.5 Gasoline
  • 6.6 Other Fuels

7 Global Class 1 Truck Market, By Application

  • 7.1 Introduction
  • 7.2 Urban Delivery
  • 7.3 Food Service
  • 7.4 Delivery Services
  • 7.5 Other Applications

8 Global Class 1 Truck Market, By End User

  • 8.1 Introduction
  • 8.2 Construction
  • 8.3 Agriculture
  • 8.4 Logistics
  • 8.5 Other End Users

9 Global Class 1 Truck Market, By Geography

  • 9.1 Introduction
  • 9.2 North America
    • 9.2.1 US
    • 9.2.2 Canada
    • 9.2.3 Mexico
  • 9.3 Europe
    • 9.3.1 Germany
    • 9.3.2 UK
    • 9.3.3 Italy
    • 9.3.4 France
    • 9.3.5 Spain
    • 9.3.6 Rest of Europe
  • 9.4 Asia Pacific
    • 9.4.1 Japan
    • 9.4.2 China
    • 9.4.3 India
    • 9.4.4 Australia
    • 9.4.5 New Zealand
    • 9.4.6 South Korea
    • 9.4.7 Rest of Asia Pacific
  • 9.5 South America
    • 9.5.1 Argentina
    • 9.5.2 Brazil
    • 9.5.3 Chile
    • 9.5.4 Rest of South America
  • 9.6 Middle East & Africa
    • 9.6.1 Saudi Arabia
    • 9.6.2 UAE
    • 9.6.3 Qatar
    • 9.6.4 South Africa
    • 9.6.5 Rest of Middle East & Africa

10 Key Developments

  • 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
  • 10.2 Acquisitions & Mergers
  • 10.3 New Product Launch
  • 10.4 Expansions
  • 10.5 Other Key Strategies

11 Company Profiling

  • 11.1 Volvo Trucks
  • 11.2 Mercedes-Benz Trucks
  • 11.3 Tata Motors Limited
  • 11.4 Mahindra & Mahindra Limited
  • 11.5 Ashok Leyland
  • 11.6 Hyundai Motor Company
  • 11.7 Nissan
  • 11.8 Ford Motor Company
  • 11.9 General Motors
  • 11.10 Chevrolet
  • 11.11 Isuzu Motors Limited
  • 11.12 Freightliner
  • 11.13 JAC Motors
  • 11.14 Ram Trucks
  • 11.15 Hino Motors