Truck Market In Vietnam 2026-2030

Description

The truck market in vietnam is forecasted to grow by USD 2704.5 mn during 2025-2030, accelerating at a CAGR of 9.7% during the forecast period. The report on the truck market in vietnam provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by heavy-duty infrastructure and construction expansion, e-commerce proliferation and last-mile logistics, strategic aftersales and fleet reliability initiatives.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Market Scope
Base Year	2025
End Year	2030
Series Year	2026-2030
Growth Momentum	Accelerate
YOY 2026	8.8%
CAGR	9.7%
Incremental Value	$2704.5 mn

Technavio's truck market in vietnam is segmented as below:

By Vehicle Category

Less than 10 T
More than 10 T

By Type

Domestic
Imported

By Product Type

Manual
Automatic

Geography

APAC
- Vietnam

This study identifies the expansion of national infrastructure and major transport corridors as one of the prime reasons driving the truck market in vietnam growth during the next few years. Also, transition toward green logistics and electric propulsion systems and rapid growth of e-commerce and cold chain requirements will lead to sizable demand in the market.

The report on the truck market in vietnam covers the following areas:

Truck market in vietnam sizing
Truck market in vietnam forecast
Truck market in vietnam industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading truck market in vietnam vendors that include AB Volvo, BAIC Group, Chien Thang Auto Co Ltd, Daehan Motors, Daimler Truck AG, Ford Motor Co., General Motors Co., Hino Motors Vietnam Ltd., Honda Motor Co. Ltd., Hyundai Motor Co., Isuzu Motors Ltd., Kamaz Vietnam Co. Ltd., Nissan Motor Co. Ltd., Scania AB, Stellantis NV, Tata Motors Ltd., THACO AUTO, Toyota Motor Corp., Vietnam Motors Industry Corp. Also, the truck market in vietnam analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR71557

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Country Market Characteristics
- Executive Summary - Chart on Market Segmentation by Vehicle Category
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by Product Type
- Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
- Overview on factors of disruption
2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2025 and 2030

3 Market Landscape

3.1 Market ecosystem
3.2 Market characteristics
3.3 Value chain analysis

4 Market Sizing

4.1 Market definition
4.2 Market segment analysis
- Market segments
4.3 Market size 2025
4.4 Market outlook: Forecast for 2025-2030

5 Historic Market Size

5.1 Truck Market in Vietnam 2020 - 2024
- Historic Market Size - Data Table on Truck Market in Vietnam 2020 - 2024 ($ million)
5.2 Vehicle Category segment analysis 2020 - 2024
- Historic Market Size - Vehicle Category Segment 2020 - 2024 ($ million)
5.3 Type segment analysis 2020 - 2024
- Historic Market Size - Type Segment 2020 - 2024 ($ million)
5.4 Product Type segment analysis 2020 - 2024
- Historic Market Size - Product Type Segment 2020 - 2024 ($ million)

6 Qualitative Analysis

6.1 Impact of AI on truck market in Vietnam
6.2 Impact of geopolitical conflicts on truck market in Vietnam

7 Five Forces Analysis

7.1 Five forces summary
- Five forces analysis - Comparison between 2025 and 2030
7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2025 and 2030
7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2025 and 2030
7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2025 and 2030
7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2025 and 2030
7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2025 and 2030
7.7 Market condition

8 Market Segmentation by Vehicle Category

8.1 Market segments
8.2 Comparison by Vehicle Category
8.3 Less than 10 T - Market size and forecast 2025-2030
8.4 More than 10 T - Market size and forecast 2025-2030
8.5 Market opportunity by Vehicle Category
- Market opportunity by Vehicle Category ($ million)

9 Market Segmentation by Type

9.1 Market segments
9.2 Comparison by Type
9.3 Domestic - Market size and forecast 2025-2030
9.4 Imported - Market size and forecast 2025-2030
9.5 Market opportunity by Type
- Market opportunity by Type ($ million)

10 Market Segmentation by Product Type

10.1 Market segments
10.2 Comparison by Product Type
10.3 Manual - Market size and forecast 2025-2030
10.4 Automatic - Market size and forecast 2025-2030
10.5 Market opportunity by Product Type
- Market opportunity by Product Type ($ million)

11 Customer Landscape

11.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

12 Drivers, Challenges, and Opportunity

12.1 Market drivers
- Heavy-duty infrastructure and construction expansion
- E-commerce proliferation and last-mile logistics
- Strategic aftersales and fleet reliability initiatives
12.2 Market challenges
- Decarbonization and regulatory compliance constraints
- Volatile energy costs and operational margin compression
- Infrastructure gaps and logistical bottlenecks
12.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2025 and 2030
12.4 Market opportunities
- Expansion of national infrastructure and major transport corridors
- Transition toward green logistics and electric propulsion systems
- Rapid growth of e-commerce and cold chain requirements

13 Competitive Landscape

13.1 Overview
13.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
13.3 Landscape disruption
- Overview on factors of disruption
13.4 Industry risks
- Impact of key risks on business

14 Competitive Analysis

14.1 Companies profiled
- Companies covered
14.2 Company ranking index
- Company ranking index
14.3 Market positioning of companies
- Matrix on companies position and classification
14.4 AB Volvo
- AB Volvo - Overview
- AB Volvo - Business segments
- AB Volvo - Key news
- AB Volvo - Key offerings
- AB Volvo - Segment focus
- SWOT
14.5 BAIC Group
- BAIC Group - Overview
- BAIC Group - Product / Service
- BAIC Group - Key offerings
- SWOT
14.6 Daimler Truck AG
- Daimler Truck AG - Overview
- Daimler Truck AG - Business segments
- Daimler Truck AG - Key offerings
- Daimler Truck AG - Segment focus
- SWOT
14.7 Ford Motor Co.
- Ford Motor Co. - Overview
- Ford Motor Co. - Business segments
- Ford Motor Co. - Key offerings
- Ford Motor Co. - Segment focus
- SWOT
14.8 General Motors Co.
- General Motors Co. - Overview
- General Motors Co. - Business segments
- General Motors Co. - Key offerings
- General Motors Co. - Segment focus
- SWOT
14.9 Honda Motor Co. Ltd.
- Honda Motor Co. Ltd. - Overview
- Honda Motor Co. Ltd. - Business segments
- Honda Motor Co. Ltd. - Key offerings
- Honda Motor Co. Ltd. - Segment focus
- SWOT
14.10 Hyundai Motor Co.
- Hyundai Motor Co. - Overview
- Hyundai Motor Co. - Business segments
- Hyundai Motor Co. - Key offerings
- Hyundai Motor Co. - Segment focus
- SWOT
14.11 Isuzu Motors Ltd.
- Isuzu Motors Ltd. - Overview
- Isuzu Motors Ltd. - Business segments
- Isuzu Motors Ltd. - Key offerings
- Isuzu Motors Ltd. - Segment focus
- SWOT
14.12 Nissan Motor Co. Ltd.
- Nissan Motor Co. Ltd. - Overview
- Nissan Motor Co. Ltd. - Business segments
- Nissan Motor Co. Ltd. - Key offerings
- Nissan Motor Co. Ltd. - Segment focus
- SWOT
14.13 Scania AB
- Scania AB - Overview
- Scania AB - Product / Service
- Scania AB - Key offerings
- SWOT
14.14 Stellantis NV
- Stellantis NV - Overview
- Stellantis NV - Business segments
- Stellantis NV - Key news
- Stellantis NV - Key offerings
- Stellantis NV - Segment focus
- SWOT
14.15 Tata Motors Ltd.
- Tata Motors Ltd. - Overview
- Tata Motors Ltd. - Business segments
- Tata Motors Ltd. - Key offerings
- Tata Motors Ltd. - Segment focus
- SWOT
14.16 THACO AUTO
- THACO AUTO - Overview
- THACO AUTO - Product / Service
- THACO AUTO - Key offerings
- SWOT
14.17 Toyota Motor Corp.
- Toyota Motor Corp. - Overview
- Toyota Motor Corp. - Business segments
- Toyota Motor Corp. - Key offerings
- Toyota Motor Corp. - Segment focus
- SWOT
14.18 Vietnam Motors Industry Corp
- Vietnam Motors Industry Corp - Overview
- Vietnam Motors Industry Corp - Product / Service
- Vietnam Motors Industry Corp - Key offerings
- SWOT

15 Appendix

15.1 Scope of the report
- Market definition
- Objectives
- Notes and caveats
15.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
15.3 Currency conversion rates for US$
- Currency conversion rates for US$
15.4 Research methodology
- Research methodology
15.5 Data procurement
- Information sources
15.6 Data validation
- Data validation
15.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
15.8 Data synthesis
- Data synthesis
15.9 360 degree market analysis
- 360 degree market analysis
15.10 List of abbreviations
- List of abbreviations