07.10.2025
Artikel Nummer: 54145
HCV sector expands steadily
According to a recent analysis by 'Market.us Scoop', the global heavy commercial vehicle (HCV) market is projected to reach USD 295.6 billion by 2034, up from USD 201.6 billion in 2024, representing a compound annual growth rate of 3.9%. The study highlights rising demand for efficient freight and logistics solutions driven by urbanisation and infrastructure expansion.
According to the analysis heavy-duty trucks, trailers and tractor units remain central to global supply chains serving sectors such as manufacturing, construction and mining. Market.us Scoop notes that Asia-Pacific region leads the market with a 46.2% share, valued at USD 93.1 billion, while internal combustion engines still account for over 83% share. (js)