The heavy-duty truck market is projected to climb to 430 billion U.S. dollars, up from around 360 billion U.S. dollars in 2019. This represents a compound annual growth rate of around 2.6 percent during the seven year forecast period.
Projection for the heavy-duty truck market size worldwide between 2019 and 2026
(in billion U.S. dollars)
Characteristic
Market size in billion U.S. dollars
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An exponential development of the values between 2019 and 2026 was assumed to estimate the annual values. The values for 2019 and 2026 were provided by the source.
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Statista. (July 1, 2020). Projection for the heavy-duty truck market size worldwide between 2019 and 2026 (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1264365/heavy-duty-truck-global-market-size-forecast/
Statista. "Projection for the heavy-duty truck market size worldwide between 2019 and 2026 (in billion U.S. dollars)." Chart. July 1, 2020. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1264365/heavy-duty-truck-global-market-size-forecast/
Statista. (2020). Projection for the heavy-duty truck market size worldwide between 2019 and 2026 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1264365/heavy-duty-truck-global-market-size-forecast/
Statista. "Projection for The Heavy-duty Truck Market Size Worldwide between 2019 and 2026 (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Jul 2020, https://www.statista.com/statistics/1264365/heavy-duty-truck-global-market-size-forecast/
Statista, Projection for the heavy-duty truck market size worldwide between 2019 and 2026 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1264365/heavy-duty-truck-global-market-size-forecast/ (last visited August 25, 2024)
Projection for the heavy-duty truck market size worldwide between 2019 and 2026 (in billion U.S. dollars) [Graph], Statista, July 1, 2020. [Online]. Available: https://www.statista.com/statistics/1264365/heavy-duty-truck-global-market-size-forecast/