Selected research
Market Structure
Global Class 8 Truck Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032
Market perspective
The global Class 8 Truck market is projected to grow from US$ million in 2026 to US$ million by 2032, implying a CAGR of % over 2026-2032.
The US & Canada market for Class 8 Truck is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
The Europe market for Class 8 Truck is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Read the full market overview
The Asia Pacific market for Class 8 Truck is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
The China market for Class 8 Truck is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Leading global manufacturers of Class 8 Truck include Volvo Group, Bell Trucks America Inc., Komatsu, John Deere, Caterpillar, Hitachi, Liebherr Group, Doosan and Scania, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
On the production side, the report examines Class 8 Truck output, growth rates, and market shares by manufacturer and by region (at regional and country level) for 2021-2026, with forecasts through 2032.
On the consumption side, the report analyzes sales of Class 8 Truck by region (regional and country level), company, type, and application for 2021-2026 and provides forecasts through 2032.
The report provides an overview of the global Class 8 Truck market in terms of capacity, output, revenue, and price, analyzing global market trends using historical revenue and sales data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.
The study covers key producers of Class 8 Truck and consumption patterns in major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.
The report also presents Class 8 Truck sales, revenue, market share, and industry ranking for the main manufacturers for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.
In addition, the report analyzes segment data by type and application—covering sales, revenue, and price—for 2021-2032, and evaluates and forecasts the Class 8 Truck market size, projected growth trends, production technologies, key applications, and end-use industries.
Class 8 Truck Segment by Company
Volvo Group
Bell Trucks America Inc.
Komatsu
John Deere
Caterpillar
Hitachi
Liebherr Group
Doosan
Scania
MAN
Nikola
Western Star
Autocar
Freightliner Trucks
Hino
Navistar International
Kenworth
Daimler Trucks
PACCAR Inc.
China National Heavy Duty Truck Group
Mack Trucks
Ford
Volkswagen Group
Class 8 Truck Segment by Type
Diesel Truck
Electric Truck
Hybrid Truck
LNG Truck
Class 8 Truck Segment by Application
Achitechive
Logistics Industry
Agriculture
Mining Industry
Others
Class 8 Truck Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Colombia
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Class 8 Truck market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Class 8 Truck and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Class 8 Truck.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Provides an overview of the Class 8 Truck market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2021-2032).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Class 8 Truck industry.
Chapter 3: Detailed analysis of Class 8 Truck market competition landscape. Including Class 8 Truck manufacturers' output value, output and average price from 2021 to 2026, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 7: Production/Production Value of Class 8 Truck by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: Consumption of Class 8 Truck in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Diesel Truck
- Electric Truck
- Hybrid Truck
- LNG Truck
Applications
- Achitechive
- Logistics Industry
- Agriculture
- Mining Industry
- Others
Companies covered
- Volvo Group
- Bell Trucks America Inc.
- Komatsu
- John Deere
- Caterpillar
- Hitachi
- Liebherr Group
- Doosan
- Scania
- MAN
- Nikola
- Western Star
- Autocar
- Freightliner Trucks
- Hino
- Navistar International
- Kenworth
- Daimler Trucks
- PACCAR Inc.
- China National Heavy Duty Truck Group
- Mack Trucks
- Ford
- Volkswagen Group
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Class 8 Truck Production Value Estimates and Forecasts (2021-2032)
- 1.2.2 Global Class 8 Truck Production Capacity Estimates and Forecasts (2021-2032)
- 1.2.3 Global Class 8 Truck Production Estimates and Forecasts (2021-2032)
- 1.2.4 Global Class 8 Truck Market Average Price (2021-2032)
- 1.3 Assumptions and Limitations
- 1.4 Study Goals and Objectives
2 Global Class 8 Truck Market Dynamics
- 2.1 Class 8 Truck Industry Trends
- 2.2 Class 8 Truck Industry Drivers
- 2.3 Class 8 Truck Industry Opportunities and Challenges
- 2.4 Class 8 Truck Industry Restraints
3 Class 8 Truck Market by Manufacturers
- 3.1 Global Class 8 Truck Production Value by Manufacturers (2021-2026)
- 3.2 Global Class 8 Truck Production by Manufacturers (2021-2026)
- 3.3 Global Class 8 Truck Average Price by Manufacturers (2021-2026)
- 3.4 Global Class 8 Truck Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Class 8 Truck Key Manufacturers Manufacturing Sites & Headquarters
- 3.6 Global Class 8 Truck Manufacturers, Product Type & Application
- 3.7 Global Class 8 Truck Manufacturers Established Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Class 8 Truck Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Class 8 Truck Players Market Share by Production Value in 2025
- 3.8.3 2025 Class 8 Truck Tier 1, Tier 2, and Tier 3
4 Class 8 Truck Market by Type
- 4.1 Class 8 Truck Type Introduction
- 4.1.1 Diesel Truck
- 4.1.2 Electric Truck
- 4.1.3 Hybrid Truck
- 4.1.4 LNG Truck
- 4.2 Global Class 8 Truck Production by Type
- 4.2.1 Global Class 8 Truck Production by Type (2021 VS 2025 VS 2032)
- 4.2.2 Global Class 8 Truck Production by Type (2021-2032)
- 4.2.3 Global Class 8 Truck Production Market Share by Type (2021-2032)
- 4.3 Global Class 8 Truck Production Value by Type
- 4.3.1 Global Class 8 Truck Production Value by Type (2021 VS 2025 VS 2032)
- 4.3.2 Global Class 8 Truck Production Value by Type (2021-2032)
- 4.3.3 Global Class 8 Truck Production Value Market Share by Type (2021-2032)
5 Class 8 Truck Market by Application
- 5.1 Class 8 Truck Application Introduction
- 5.1.1 Achitechive
- 5.1.2 Logistics Industry
- 5.1.3 Agriculture
- 5.1.4 Mining Industry
- 5.1.5 Others
- 5.2 Global Class 8 Truck Production by Application
- 5.2.1 Global Class 8 Truck Production by Application (2021 VS 2025 VS 2032)
- 5.2.2 Global Class 8 Truck Production by Application (2021-2032)
- 5.2.3 Global Class 8 Truck Production Market Share by Application (2021-2032)
- 5.3 Global Class 8 Truck Production Value by Application
- 5.3.1 Global Class 8 Truck Production Value by Application (2021 VS 2025 VS 2032)
- 5.3.2 Global Class 8 Truck Production Value by Application (2021-2032)
- 5.3.3 Global Class 8 Truck Production Value Market Share by Application (2021-2032)
6 Company Profiles
- 6.1 Volvo Group
- 6.1.1 Volvo Group Company Information
- 6.1.2 Volvo Group Business Overview
- 6.1.3 Volvo Group Class 8 Truck Production, Value and Gross Margin (2021-2026)
- 6.1.4 Volvo Group Class 8 Truck Product Portfolio
- 6.1.5 Volvo Group Recent Developments
- 6.2 Bell Trucks America Inc.
- 6.2.1 Bell Trucks America Inc. Company Information
- 6.2.2 Bell Trucks America Inc. Business Overview
- 6.2.3 Bell Trucks America Inc. Class 8 Truck Production, Value and Gross Margin (2021-2026)
- 6.2.4 Bell Trucks America Inc. Class 8 Truck Product Portfolio
- 6.2.5 Bell Trucks America Inc. Recent Developments
- 6.3 Komatsu
- 6.3.1 Komatsu Company Information
- 6.3.2 Komatsu Business Overview
- 6.3.3 Komatsu Class 8 Truck Production, Value and Gross Margin (2021-2026)
- 6.3.4 Komatsu Class 8 Truck Product Portfolio
- 6.3.5 Komatsu Recent Developments
- 6.4 John Deere
- 6.4.1 John Deere Company Information
- 6.4.2 John Deere Business Overview
- 6.4.3 John Deere Class 8 Truck Production, Value and Gross Margin (2021-2026)
- 6.4.4 John Deere Class 8 Truck Product Portfolio
- 6.4.5 John Deere Recent Developments
- 6.5 Caterpillar
- 6.5.1 Caterpillar Company Information
- 6.5.2 Caterpillar Business Overview
- 6.5.3 Caterpillar Class 8 Truck Production, Value and Gross Margin (2021-2026)
- 6.5.4 Caterpillar Class 8 Truck Product Portfolio
- 6.5.5 Caterpillar Recent Developments
- 6.6 Hitachi
- 6.6.1 Hitachi Company Information
- 6.6.2 Hitachi Business Overview
- 6.6.3 Hitachi Class 8 Truck Production, Value and Gross Margin (2021-2026)
- 6.6.4 Hitachi Class 8 Truck Product Portfolio
- 6.6.5 Hitachi Recent Developments
- 6.7 Liebherr Group
- 6.7.1 Liebherr Group Company Information
- 6.7.2 Liebherr Group Business Overview
- 6.7.3 Liebherr Group Class 8 Truck Production, Value and Gross Margin (2021-2026)
- 6.7.4 Liebherr Group Class 8 Truck Product Portfolio
- 6.7.5 Liebherr Group Recent Developments
- 6.8 Doosan
- 6.8.1 Doosan Company Information
- 6.8.2 Doosan Business Overview
- 6.8.3 Doosan Class 8 Truck Production, Value and Gross Margin (2021-2026)
- 6.8.4 Doosan Class 8 Truck Product Portfolio
- 6.8.5 Doosan Recent Developments
- 6.9 Scania
- 6.9.1 Scania Company Information
- 6.9.2 Scania Business Overview
- 6.9.3 Scania Class 8 Truck Production, Value and Gross Margin (2021-2026)
- 6.9.4 Scania Class 8 Truck Product Portfolio
- 6.9.5 Scania Recent Developments
- 6.10 MAN
- 6.10.1 MAN Company Information
- 6.10.2 MAN Business Overview
- 6.10.3 MAN Class 8 Truck Production, Value and Gross Margin (2021-2026)
- 6.10.4 MAN Class 8 Truck Product Portfolio
- 6.10.5 MAN Recent Developments
- 6.11 Nikola
- 6.11.1 Nikola Company Information
- 6.11.2 Nikola Business Overview
- 6.11.3 Nikola Class 8 Truck Production, Value and Gross Margin (2021-2026)
- 6.11.4 Nikola Class 8 Truck Product Portfolio
- 6.11.5 Nikola Recent Developments
- 6.12 Western Star
- 6.12.1 Western Star Company Information
- 6.12.2 Western Star Business Overview
- 6.12.3 Western Star Class 8 Truck Production, Value and Gross Margin (2021-2026)
- 6.12.4 Western Star Class 8 Truck Product Portfolio
- 6.12.5 Western Star Recent Developments
- 6.13 Autocar
- 6.13.1 Autocar Company Information
- 6.13.2 Autocar Business Overview
- 6.13.3 Autocar Class 8 Truck Production, Value and Gross Margin (2021-2026)
- 6.13.4 Autocar Class 8 Truck Product Portfolio
- 6.13.5 Autocar Recent Developments
- 6.14 Freightliner Trucks
- 6.14.1 Freightliner Trucks Company Information
- 6.14.2 Freightliner Trucks Business Overview
- 6.14.3 Freightliner Trucks Class 8 Truck Production, Value and Gross Margin (2021-2026)
- 6.14.4 Freightliner Trucks Class 8 Truck Product Portfolio
- 6.14.5 Freightliner Trucks Recent Developments
- 6.15 Hino
- 6.15.1 Hino Company Information
- 6.15.2 Hino Business Overview
- 6.15.3 Hino Class 8 Truck Production, Value and Gross Margin (2021-2026)
- 6.15.4 Hino Class 8 Truck Product Portfolio
- 6.15.5 Hino Recent Developments
- 6.16 Navistar International
- 6.16.1 Navistar International Company Information
- 6.16.2 Navistar International Business Overview
- 6.16.3 Navistar International Class 8 Truck Production, Value and Gross Margin (2021-2026)
- 6.16.4 Navistar International Class 8 Truck Product Portfolio
- 6.16.5 Navistar International Recent Developments
- 6.17 Kenworth
- 6.17.1 Kenworth Company Information
- 6.17.2 Kenworth Business Overview
- 6.17.3 Kenworth Class 8 Truck Production, Value and Gross Margin (2021-2026)
- 6.17.4 Kenworth Class 8 Truck Product Portfolio
- 6.17.5 Kenworth Recent Developments
- 6.18 Daimler Trucks
- 6.18.1 Daimler Trucks Company Information
- 6.18.2 Daimler Trucks Business Overview
- 6.18.3 Daimler Trucks Class 8 Truck Production, Value and Gross Margin (2021-2026)
- 6.18.4 Daimler Trucks Class 8 Truck Product Portfolio
- 6.18.5 Daimler Trucks Recent Developments
- 6.19 PACCAR Inc.
- 6.19.1 PACCAR Inc. Company Information
- 6.19.2 PACCAR Inc. Business Overview
- 6.19.3 PACCAR Inc. Class 8 Truck Production, Value and Gross Margin (2021-2026)
- 6.19.4 PACCAR Inc. Class 8 Truck Product Portfolio
- 6.19.5 PACCAR Inc. Recent Developments
- 6.20 China National Heavy Duty Truck Group
- 6.20.1 China National Heavy Duty Truck Group Company Information
- 6.20.2 China National Heavy Duty Truck Group Business Overview
- 6.20.3 China National Heavy Duty Truck Group Class 8 Truck Production, Value and Gross Margin (2021-2026)
- 6.20.4 China National Heavy Duty Truck Group Class 8 Truck Product Portfolio
- 6.20.5 China National Heavy Duty Truck Group Recent Developments
- 6.21 Mack Trucks
- 6.21.1 Mack Trucks Company Information
- 6.21.2 Mack Trucks Business Overview
- 6.21.3 Mack Trucks Class 8 Truck Production, Value and Gross Margin (2021-2026)
- 6.21.4 Mack Trucks Class 8 Truck Product Portfolio
- 6.21.5 Mack Trucks Recent Developments
- 6.22 Ford
- 6.22.1 Ford Company Information
- 6.22.2 Ford Business Overview
- 6.22.3 Ford Class 8 Truck Production, Value and Gross Margin (2021-2026)
- 6.22.4 Ford Class 8 Truck Product Portfolio
- 6.22.5 Ford Recent Developments
- 6.23 Volkswagen Group
- 6.23.1 Volkswagen Group Company Information
- 6.23.2 Volkswagen Group Business Overview
- 6.23.3 Volkswagen Group Class 8 Truck Production, Value and Gross Margin (2021-2026)
- 6.23.4 Volkswagen Group Class 8 Truck Product Portfolio
- 6.23.5 Volkswagen Group Recent Developments
7 Global Class 8 Truck Production by Region
- 7.1 Global Class 8 Truck Production by Region: 2021 VS 2025 VS 2032
- 7.2 Global Class 8 Truck Production by Region (2021-2032)
- 7.2.1 Global Class 8 Truck Production by Region (2021-2026)
- 7.2.2 Global Class 8 Truck Production Forecast by Region (2027-2032)
- 7.3 Global Class 8 Truck Production by Region: 2021 VS 2025 VS 2032
- 7.4 Global Class 8 Truck Production Value by Region (2021-2032)
- 7.4.1 Global Class 8 Truck Production Value by Region (2021-2026)
- 7.4.2 Global Class 8 Truck Production Value by Region (2027-2032)
- 7.5 Global Class 8 Truck Market Price Analysis by Region (2021-2032)
- 7.6 Regional Production Value Trends (2021-2032)
- 7.6.1 North America Class 8 Truck Production Value (2021-2032)
- 7.6.2 Europe Class 8 Truck Production Value (2021-2032)
- 7.6.3 Asia-Pacific Class 8 Truck Production Value (2021-2032)
- 7.6.4 South America Class 8 Truck Production Value (2021-2032)
- 7.6.5 Middle East & Africa Class 8 Truck Production Value (2021-2032)
8 Global Class 8 Truck Consumption by Region
- 8.1 Global Class 8 Truck Consumption by Region: 2021 VS 2025 VS 2032
- 8.2 Global Class 8 Truck Consumption by Region (2021-2032)
- 8.2.1 Global Class 8 Truck Consumption by Region (2021-2026)
- 8.2.2 Global Class 8 Truck Consumption by Region (2027-2032)
- 8.3 North America
- 8.3.1 North America Class 8 Truck Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3.2 North America Class 8 Truck Consumption by Country (2021-2032)
- 8.3.3 U.S.
- 8.3.4 Canada
- 8.3.5 Mexico
- 8.4 Europe
- 8.4.1 Europe Class 8 Truck Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.4.2 Europe Class 8 Truck Consumption by Country (2021-2032)
- 8.4.3 Germany
- 8.4.4 France
- 8.4.5 U.K.
- 8.4.6 Italy
- 8.4.7 Netherlands
- 8.5 Asia Pacific
- 8.5.1 Asia Pacific Class 8 Truck Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.5.2 Asia Pacific Class 8 Truck Consumption by Country (2021-2032)
- 8.5.3 China
- 8.5.4 Japan
- 8.5.5 South Korea
- 8.5.6 Southeast Asia
- 8.5.7 India
- 8.5.8 Australia
- 8.6 South America
- 8.6.1 South America Class 8 Truck Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.6.2 South America Class 8 Truck Consumption by Country (2021-2032)
- 8.6.3 Brazil
- 8.6.4 Argentina
- 8.6.5 Chile
- 8.6.6 Colombia
- 8.7 Middle East & Africa
- 8.7.1 Middle East & Africa Class 8 Truck Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.7.2 Middle East & Africa Class 8 Truck Consumption by Country (2021-2032)
- 8.7.3 Egypt
- 8.7.4 South Africa
- 8.7.5 Israel
- 8.7.6 Türkiye
- 8.7.7 GCC Countries
9 Value Chain and Sales Channels Analysis
- 9.1 Class 8 Truck Value Chain Analysis
- 9.1.1 Class 8 Truck Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Manufacturing Cost Structure
- 9.1.4 Class 8 Truck Production Mode & Process
- 9.2 Class 8 Truck Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Class 8 Truck Distributors
- 9.2.3 Class 8 Truck Customers
10 Concluding Insights
11 Appendix
- 11.1 Reasons for Doing This Study
- 11.2 Research Methodology
- 11.3 Research Process
- 11.4 Authors List of This Report
- 11.5 Data Source
- 11.5.1 Secondary Sources
- 11.5.2 Primary Sources
- 11.6 Disclaimer
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