PUBLISHER: MarketLine | PRODUCT CODE: 1419289
PUBLISHER: MarketLine | PRODUCT CODE: 1419289
The G8 Medium & Heavy Trucks industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume , and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
The G8 countries contributed $80.2 billion in 2022 to the global medium & heavy trucks industry, with a compound annual growth rate (CAGR) of -2.2% between 2018 and 2022. The G8 countries are expected to reach a value of $92.4 billion in 2027, with a CAGR of 2.9% over the 2022-27 period.
Among the G8 nations, the US is the leading country in the medium & heavy trucks industry, with market revenues of $43.4 billion in 2022. This was followed by Japan and Canada, with a value of $13.7 and $9.8 billion, respectively.
The US is expected to lead the medium & heavy trucks industry in the G8 nations with a value of $48.6 billion in 2016, followed by Japan and Canada with expected values of $15.9 and $11.5 billion, respectively.