Projected commercial vehicle demand worldwide 2020-2021

Published by Statista Research Department, May 11, 2023
Projections for global commercial vehicle demand in 2020 and 2021 predict a year-on-year decrease of around 11 percent in 2020, as a direct consequence of the Covid-19 pandemic. The demand volume is expected to fall to around 2.9 million units in 2021.

Projected demand for medium and heavy trucks and buses worldwide in 2020 and 2021 (in million units)

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Release date

December 2020

Region

Worldwide

Survey time period

as of 2020

Supplementary notes

The values refer to new trucks and buses with a gross vehicle weight above six metric tons, according to the source.

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