중대형 상용차 : 시장 점유율 분석, 업계 동향 및 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the medium and heavy duty commercial vehicles market size is expected to grow from USD 343.38 billion in 2025 to USD 355.16 billion in 2026 and is forecast to reach USD 420.39 billion by 2031 at a 3.43% CAGR over 2026-2031.

This report is Segmented by Tonnage (3. 5 To 7. 5 T, 7. 5 To 16 T, and Above 16 T), Propulsion Type (ICE, Battery Electric, and More), Vehicle Type (Rigid, Tractor-Trailer, Tipper, and Specialized), End-User (Logistics, Construction & Mining, Agriculture, and Utilities), and Geography. Market Forecasts are in Value (USD) and Volume (Units).

Global Medium And Heavy Duty Commercial Vehicles Market Trends and Insights

Fleet Renewal Driven by Euro-VII & EPA 2027 Emission Rules

In the near future, stricter Euro-VII limits will significantly reduce nitrogen-oxide thresholds. These limits will also introduce real-world urban stop-and-go testing and, for the first time, impose caps on brake and tire particle emissions. Meanwhile, the U.S. EPA's Phase 3 greenhouse-gas rule aims for a substantial reduction in intensity over the next decade. However, achieving this target is impossible through mere incremental improvements in diesel. In California, along with several other states, there is a mandate for a significant portion of Class 7-8 sales to be zero-emission within the next decade. This move jeopardizes the resale value of new diesel tractors . In response, manufacturers are channeling R&D into battery-electric and fuel-cell platforms. They're also bolstering regenerative braking and battery-health diagnostics to adhere to durability standards. Fleets that purchase compliant trucks ahead of the deadline stand to gain from enhanced resale values and better financing terms linked to ESG metrics .

Infrastructure Stimulus in Emerging Economies

India's National Infrastructure Pipeline is set to invest a substantial amount by mid-decade, primarily focusing on upgrading roads and ports. This initiative has significantly boosted the demand for rigid trucks across various freight corridors. Meanwhile, both Indonesia and Vietnam have allocated significant resources for highway projects. These investments are driving a surge in the purchases of concrete mixers and dump trucks, fueling a construction boom in both nations. In the Middle East, Saudi Arabia is channeling considerable funding into its Vision 2030, specifically targeting the development of NEOM logistics corridors. Simultaneously, the United Arab Emirates is ambitiously scaling Khalifa Port's capacity to handle a much larger volume of containers in the coming years, ensuring a steady intake of tractor-trailers.

High Upfront Cost of Zero-Emission Trucks

In 2025, battery-electric Class 8 tractors remain significantly more expensive than their diesel counterparts. Additionally, fuel-cell variants come with an even higher cost. While incentives like the U.S. Inflation Reduction Act's credit and Germany's KsNI subsidy help reduce the price disparity, they do not fully bridge the gap. For smaller fleets without access to affordable capital, the extended payback periods pose a challenge, particularly in long-haul segments. Although leasing models and battery-as-a-service options provide some relief, their feasibility depends on residual-value forecasts, which are still unproven in secondary markets. Operators face a difficult decision, balancing the higher upfront investment against the increasing restrictions in emission zones, which threaten the resale value of diesel assets.

Other drivers and restraints analyzed in the detailed report include:

1. E-Commerce Logistics Expansion
2. Mining Sector Push for Battery-Electric Haul Trucks
3. Supply-Chain Bottlenecks for Power Electronics & Batteries

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Vehicles above 16 tonnes captured 61.27% of the medium and heavy-duty commercial vehicles market share in 2025, reflecting their dominance in intercity freight and mining haulage. The 3.5-7.5 tonne band is growing at a 3.45% CAGR to 2031, fueled by e-commerce operators that prioritize maneuverability in dense city cores and can profit from single-charge delivery cycles.

Rigid emission standards apply uniformly across weights above 3.5 tonnes, nullifying any compliance advantage of mid-duty categories and nudging fleets toward battery-electric or fuel-cell upgrades in every bracket. Hyundai's XCIENT fuel-cell tractor exceeded 10 million km in Swiss and California service by 2025, proving viability for long-haul payloads where battery weight remains a hurdle. The medium and heavy-duty commercial vehicles market now sees OEMs co-designing charging hubs and route planning software specific to tonnage class, aligning investment decisions with urban zoning policies.

Internal-combustion engines commanded 87.71% of 2025 volume, yet battery-electric trucks expand at a 3.55% CAGR to 2031, the fastest rate in the segment. Combined output of Daimler eCascadia, Volvo VNR Electric, and BYD 8TT exceeds half a lakh vehicles annually by 2026, marking the largest coordinated capacity build-out in the medium and heavy-duty commercial vehicles market context.

Plug-in hybrids occupy a transition niche but remain under 3% share due to complexity and marginal fuel savings over optimized diesel models. Fuel-cell trucks secure footholds in regions with hydrogen corridors, but large-scale uptake hinges on sub-USD 4/kg green hydrogen pricing. Alternative fuels such as LNG and CNG act as interim solutions across agriculture and forestry where charging infrastructure is sparse. China's dual-credit system accelerates BEV penetration, with domestic OEMs launching 15 new models across 2024-2025.

Complete Report Scope:

• By Tonnage
  • 3.5 to 7.5 t
  • 7.5 to 16 t
  • Above 16 t
• By Propulsion Type
  • Internal-Combustion Engine (Diesel & Gasoline)
  • Battery Electric
  • Plug-in Hybrid Electric
  • Fuel-cell Electric
  • Alternative Fuels (CNG, LNG, Bio-fuel, LPG)
• By Vehicle Type
  • Rigid Truck
  • Tractor-Trailer
  • Tipper / Dump Truck
  • Specialized & Vocational Trucks
• By End-user Industry
  • Logistics & Transportation
  • Construction & Mining
  • Agriculture & Forestry
  • Utilities & Municipal Services
• By Geography
  • North America
    • United States
    • Canada
    • Rest of North America
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Europe
    • Germany
    • United Kingdom
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Middle East and Africa
    • United Arab Emirates
    • Saudi Arabia
    • South Africa
    • Turkey
    • Rest of Middle East and Africa

Geography Analysis

Asia-Pacific delivered 43.16% of global revenue in 2025, driven by China's policies encouraging new-energy-vehicle production and India's large-scale infrastructure initiatives. Chinese commercial NEV sales saw significant growth as major manufacturers introduced multiple electric truck models to comply with regulatory requirements. While India's logistics-driven economic growth sustained truck demand, the adoption of electric vehicles remained minimal due to inadequate charging infrastructure and financing challenges for smaller operators. Meanwhile, Japan and South Korea's substantial subsidies for fuel-cell trucks supported the rollout of advanced models, boosting the region's electrification efforts.

North America and Europe collectively accounted for a significant share of the 2025 revenue, with their growth shaped by regulatory frameworks mandating early electrification. In the United States, policies targeting a substantial portion of truck sales drove the transition, while in Europe, stricter emissions standards limited the viability of diesel platforms. Key European markets registered notable adoption of battery-electric trucks, particularly in medium-duty models serving municipal and parcel delivery routes.

The Middle East and Africa lead growth at 3.51% CAGR through 2031, buoyed by Gulf diversification projects and mining electrification pilots. Saudi Arabia's USD 500 billion NEOM investment and UAE port expansion underpin tractor-trailer demand, while South African mines retrofit haul trucks with hydrogen powertrains to cut diesel expense. Turkey emerges as an export base for medium-duty trucks into Europe, exploiting lower labor costs and favorable logistics. Latin America's truck fleet expands with agricultural exports from Brazil and Argentina, though currency volatility tempers electrification investment.

1. Daimler Truck AG
2. Volvo Group
3. Traton SE (MAN, Scania, Navistar)
4. PACCAR Inc.
5. Tata Motors Ltd.
6. Hyundai Motor Co.
7. CNHTC (Sinotruk)
8. Dongfeng Motor Corp.
9. FAW Group
10. Renault Trucks
11. Isuzu Motors Ltd.
12. Hino Motors
13. Ashok Leyland
14. Iveco Group
15. Kamaz PJSC
16. Shacman (Shaanxi Auto)
17. UD Trucks
18. BYD Auto
19. Nikola Corp.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 Introduction

• 1.1 Study Assumptions & Market Definition
• 1.2 Scope of the Study

2 Research Methodology

3 Executive Summary

4 Market Landscape

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Fleet Renewal Driven by Euro-VII & EPA 2027 Emission Rules
  • 4.2.2 Infrastructure Stimulus in Emerging Economies
  • 4.2.3 E-Commerce Logistics Expansion
  • 4.2.4 Mining Sector'S Push for Battery-Electric Haul Trucks
  • 4.2.5 Telematics-Enabled Usage-Based Insurance Lowers TCO
  • 4.2.6 Secondary-Use Battery Leasing Models
• 4.3 Market Restraints
  • 4.3.1 High Upfront Cost of Zero-Emission Trucks
  • 4.3.2 Supply-Chain Bottlenecks for Power-Electronics & Batteries
  • 4.3.3 Depot-Level Grid-Capacity Limitations
  • 4.3.4 Skilled-Technician Shortage for HV-EV Drivetrains
• 4.4 Value / Supply-Chain Analysis
• 4.5 Regulatory Landscape
• 4.6 Technological Outlook
• 4.7 Porter's Five Forces
  • 4.7.1 Bargaining Power of Suppliers
  • 4.7.2 Bargaining Power of Buyers
  • 4.7.3 Threat of New Entrants
  • 4.7.4 Threat of Substitutes
  • 4.7.5 Competitive Rivalry

5 Market Size & Growth Forecasts (Value (USD) and Volume (Units))

• 5.1 By Tonnage
  • 5.1.1 3.5 to 7.5 t
  • 5.1.2 7.5 to 16 t
  • 5.1.3 Above 16 t
• 5.2 By Propulsion Type
  • 5.2.1 Internal-Combustion Engine (Diesel & Gasoline)
  • 5.2.2 Battery Electric
  • 5.2.3 Plug-in Hybrid Electric
  • 5.2.4 Fuel-cell Electric
  • 5.2.5 Alternative Fuels (CNG, LNG, Bio-fuel, LPG)
• 5.3 By Vehicle Type
  • 5.3.1 Rigid Truck
  • 5.3.2 Tractor-Trailer
  • 5.3.3 Tipper / Dump Truck
  • 5.3.4 Specialized & Vocational Trucks
• 5.4 By End-user Industry
  • 5.4.1 Logistics & Transportation
  • 5.4.2 Construction & Mining
  • 5.4.3 Agriculture & Forestry
  • 5.4.4 Utilities & Municipal Services
• 5.5 By Geography
  • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Rest of North America
  • 5.5.2 South America
    • 5.5.2.1 Brazil
    • 5.5.2.2 Argentina
    • 5.5.2.3 Rest of South America
  • 5.5.3 Europe
    • 5.5.3.1 Germany
    • 5.5.3.2 United Kingdom
    • 5.5.3.3 France
    • 5.5.3.4 Italy
    • 5.5.3.5 Spain
    • 5.5.3.6 Rest of Europe
  • 5.5.4 Asia Pacific
    • 5.5.4.1 China
    • 5.5.4.2 India
    • 5.5.4.3 Japan
    • 5.5.4.4 South Korea
    • 5.5.4.5 Rest of Asia Pacific
  • 5.5.5 Middle East and Africa
    • 5.5.5.1 United Arab Emirates
    • 5.5.5.2 Saudi Arabia
    • 5.5.5.3 South Africa
    • 5.5.5.4 Turkey
    • 5.5.5.5 Rest of Middle East and Africa

6 Competitive Landscape

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share Analysis
• 6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Segments, Financials as Available, Strategic Information, Market Rank/Share for Key Companies, Products and Services, SWOT Analysis, and Recent Developments)
  • 6.4.1 Daimler Truck AG
  • 6.4.2 Volvo Group
  • 6.4.3 Traton SE (MAN, Scania, Navistar)
  • 6.4.4 PACCAR Inc.
  • 6.4.5 Tata Motors Ltd.
  • 6.4.6 Hyundai Motor Co.
  • 6.4.7 CNHTC (Sinotruk)
  • 6.4.8 Dongfeng Motor Corp.
  • 6.4.9 FAW Group
  • 6.4.10 Renault Trucks
  • 6.4.11 Isuzu Motors Ltd.
  • 6.4.12 Hino Motors
  • 6.4.13 Ashok Leyland
  • 6.4.14 Iveco Group
  • 6.4.15 Kamaz PJSC
  • 6.4.16 Shacman (Shaanxi Auto)
  • 6.4.17 UD Trucks
  • 6.4.18 BYD Auto
  • 6.4.19 Nikola Corp.

7 Market Opportunities & Future Outlook

• 7.1 White-space & Unmet-need Assessment