Heavy Duty Trucks Market Size

Heavy Duty Trucks Market size was over USD 218.64 billion in 2024 and is poised to exceed USD 573.5 billion by 2037, growing at over 7.7% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of heavy duty trucks is evaluated at USD 232.11 billion.

The reason behind the growth is the rising demand for tough vehicles with high transportation capability globally. According to the European Transport Research Review, there is a chance to lessen undesirable elements by raising the maximum allowed weight and length of the vehicles used to deliver products. One effective way to increase the capacity of the road transportation network is through the use of high-capacity transport, or HCT. More weight and/or volume of items may be loaded into the trucks due to the improved capacity.