Commercial Vehicle Accessories Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product Type, By Vehicle Type, By Application, By Region & Competition, 2021-2031F

Description

The Global Commercial Vehicle Accessories Market is projected to expand from USD 101.98 Billion in 2025 to USD 154.94 Billion by 2031, achieving a compound annual growth rate of 7.22%. This market consists of add-on components installed on buses, vans, and trucks to improve safety, operational efficiency, and overall utility. Key growth drivers include the booming e-commerce and logistics sectors, which demand adaptable vehicle configurations to handle varied cargo needs. Additionally, strict government safety mandates are forcing fleet operators to adopt advanced monitoring and lighting systems, while the competitive nature of the transportation industry is fueling demand for cabin amenities that enhance driver comfort and retention.

Market Overview
Forecast Period	2027-2031
Market Size 2025	USD 101.98 Billion
Market Size 2031	USD 154.94 Billion
CAGR 2026-2031	7.22%
Fastest Growing Segment	Safety Accessories
Largest Market	North America

However, the industry faces substantial hurdles due to fluctuating raw material costs, which increase production expenses and cause fleet owners to postpone spending on non-essential upgrades. This economic instability creates a difficult landscape for manufacturers trying to balance quality with competitive pricing. Despite these challenges, the utility sector continues to provide stability for the market. Data from the Specialty Equipment Market Association indicates that in 2024, the light truck category represented 59% of performance part and accessory sales, highlighting the essential role that utility-oriented vehicles play in maintaining market momentum.

Market Driver

The surge in e-commerce and last-mile delivery services is significantly altering the sector, driving fleet operators to equip trucks and vans with specialized cargo handling equipment. As delivery schedules become more demanding, there is a critical need for automated liftgates, heavy-duty ramps, and modular shelving to streamline loading processes and secure various types of packages. This volume increase necessitates greater accessory adoption to ensure order accuracy and operational speed. According to the April 2024 'U.S. Parcel Shipping Index' by Pitney Bowes, parcel volume hit 21.7 billion in 2023, a trend that compels logistics companies to enhance vehicle utility, making efficiency-boosting components essential assets rather than optional upgrades.

Simultaneously, the push for enhanced security and safety is fueling investments in aftermarket electronic systems. Fleet managers are prioritizing telematics, dash cameras, and blind-spot sensors to meet safety standards and reduce liability, a shift supported by evidence of accident reduction. For instance, the '2024 Fleet Technology Trends Report' by Verizon Connect found that 72% of respondents noted improved driver safety from smart video technology. This emphasis on connectivity and protection complements broader market expansion, especially in the light commercial segment where new vehicles need immediate outfitting. As reported by the European Automobile Manufacturers' Association (ACEA), new EU van sales increased by 8.5% in the first three quarters of 2024, providing a steady stream of vehicles ready for accessory integration.

Market Challenge

Unstable raw material prices pose a significant obstacle to the Global Commercial Vehicle Accessories Market. Fluctuations in the cost of industrial plastics, aluminum, and steel directly increase manufacturing expenses, forcing producers to navigate uncertain profit margins. To remain financially viable, manufacturers frequently pass these increased costs to customers, leading to higher retail prices for aftermarket components. As a result, fleet operators are forced to carefully evaluate all capital spending. When confronted with increasing operational costs, discretionary investments in non-essential items, such as premium cabin features or cosmetic exterior changes, are often sidelined to prioritize critical maintenance.

This economic strain interrupts typical purchasing cycles and causes hesitation among buyers who might otherwise modernize their fleets. Data from the American Trucking Associations' Technology & Maintenance Council reveals that combined labor and parts costs increased by 2.2 percent in the third quarter of 2024, indicating a resumption of rising expenses following a brief stabilization. This trend underscores the persistent financial strain on fleet managers, who must direct funds toward keeping vehicles running rather than adding optional accessories. Consequently, the market suffers a slowdown as growth is inhibited by the immediate need to control costs.

Market Trends

The rise of electric commercial vehicles is fostering a specialized accessory market dedicated to energy conservation. Distinct from internal combustion engines, electric fleets necessitate unique upfitting solutions, such as acoustic alerting devices, heavy-duty charging cable management, and aerodynamic fairings designed to maximize battery range. This shift requires manufacturers to re-engineer standard parts using lightweight materials to counterbalance the weight of batteries. The potential of this sector is growing quickly; the International Energy Agency's 'Global EV Outlook 2024' notes that electric truck sales jumped by 35% in 2023, signaling an expanding market for these specialized products.

At the same time, the incorporation of AI-driven telematics is steering the industry toward operational efficiency and predictive maintenance. Advanced systems are now capable of analyzing real-time vehicle status to predict mechanical issues, enabling fleet managers to perform repairs proactively and reduce expensive downtime. This development evolves accessories from simple hardware into intelligent tools that actively reduce total ownership costs through actionable data. This focus on efficiency is prompting substantial investment; according to Samsara's June 2024 'State of Connected Operations Report', 87% of operations leaders intend to boost their spending on AI technologies in the coming year to improve fleet performance.

Key Market Players

Robert Bosch GmbH
3M Company
Magna International Inc.
PHINIA Inc.
HELLA GmbH & Co. KGaA
Truck-Lite Co., LLC
Bosal International
WeatherTech Direct, LLC
Valeo
Kinedyne LLC

Report Scope

In this report, the Global Commercial Vehicle Accessories Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Commercial Vehicle Accessories Market, By Product Type

Exterior Accessories
Interior Accessories
Performance Accessories
Safety Accessories

Commercial Vehicle Accessories Market, By Vehicle Type

Trucks
Buses
Vans
Trailers
Construction Equipment

Commercial Vehicle Accessories Market, By Application

Fleet Management
Fuel Efficiency
Driver Safety
Passenger Comfort
Customization

Commercial Vehicle Accessories Market, By Region

North America
- United States
- Canada
- Mexico
Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
South America
- Brazil
- Argentina
- Colombia
Middle East & Africa
- South Africa
- Saudi Arabia
- UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Commercial Vehicle Accessories Market.

Available Customizations:

Global Commercial Vehicle Accessories Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

1. Product Overview

1.1. Market Definition
1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Commercial Vehicle Accessories Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Product Type (Exterior Accessories, Interior Accessories, Performance Accessories, Safety Accessories)
- 5.2.2. By Vehicle Type (Trucks, Buses, Vans, Trailers, Construction Equipment)
- 5.2.3. By Application (Fleet Management, Fuel Efficiency, Driver Safety, Passenger Comfort, Customization)
- 5.2.4. By Region
- 5.2.5. By Company (2025)
5.3. Market Map

6. North America Commercial Vehicle Accessories Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Product Type
- 6.2.2. By Vehicle Type
- 6.2.3. By Application
- 6.2.4. By Country
6.3. North America: Country Analysis
- 6.3.1. United States Commercial Vehicle Accessories Market Outlook
  - 6.3.1.1. Market Size & Forecast
    - 6.3.1.1.1. By Value
  - 6.3.1.2. Market Share & Forecast
    - 6.3.1.2.1. By Product Type
    - 6.3.1.2.2. By Vehicle Type
    - 6.3.1.2.3. By Application
- 6.3.2. Canada Commercial Vehicle Accessories Market Outlook
  - 6.3.2.1. Market Size & Forecast
    - 6.3.2.1.1. By Value
  - 6.3.2.2. Market Share & Forecast
    - 6.3.2.2.1. By Product Type
    - 6.3.2.2.2. By Vehicle Type
    - 6.3.2.2.3. By Application
- 6.3.3. Mexico Commercial Vehicle Accessories Market Outlook
  - 6.3.3.1. Market Size & Forecast
    - 6.3.3.1.1. By Value
  - 6.3.3.2. Market Share & Forecast
    - 6.3.3.2.1. By Product Type
    - 6.3.3.2.2. By Vehicle Type
    - 6.3.3.2.3. By Application

7. Europe Commercial Vehicle Accessories Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Product Type
- 7.2.2. By Vehicle Type
- 7.2.3. By Application
- 7.2.4. By Country
7.3. Europe: Country Analysis
- 7.3.1. Germany Commercial Vehicle Accessories Market Outlook
  - 7.3.1.1. Market Size & Forecast
    - 7.3.1.1.1. By Value
  - 7.3.1.2. Market Share & Forecast
    - 7.3.1.2.1. By Product Type
    - 7.3.1.2.2. By Vehicle Type
    - 7.3.1.2.3. By Application
- 7.3.2. France Commercial Vehicle Accessories Market Outlook
  - 7.3.2.1. Market Size & Forecast
    - 7.3.2.1.1. By Value
  - 7.3.2.2. Market Share & Forecast
    - 7.3.2.2.1. By Product Type
    - 7.3.2.2.2. By Vehicle Type
    - 7.3.2.2.3. By Application
- 7.3.3. United Kingdom Commercial Vehicle Accessories Market Outlook
  - 7.3.3.1. Market Size & Forecast
    - 7.3.3.1.1. By Value
  - 7.3.3.2. Market Share & Forecast
    - 7.3.3.2.1. By Product Type
    - 7.3.3.2.2. By Vehicle Type
    - 7.3.3.2.3. By Application
- 7.3.4. Italy Commercial Vehicle Accessories Market Outlook
  - 7.3.4.1. Market Size & Forecast
    - 7.3.4.1.1. By Value
  - 7.3.4.2. Market Share & Forecast
    - 7.3.4.2.1. By Product Type
    - 7.3.4.2.2. By Vehicle Type
    - 7.3.4.2.3. By Application
- 7.3.5. Spain Commercial Vehicle Accessories Market Outlook
  - 7.3.5.1. Market Size & Forecast
    - 7.3.5.1.1. By Value
  - 7.3.5.2. Market Share & Forecast
    - 7.3.5.2.1. By Product Type
    - 7.3.5.2.2. By Vehicle Type
    - 7.3.5.2.3. By Application

8. Asia Pacific Commercial Vehicle Accessories Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Product Type
- 8.2.2. By Vehicle Type
- 8.2.3. By Application
- 8.2.4. By Country
8.3. Asia Pacific: Country Analysis
- 8.3.1. China Commercial Vehicle Accessories Market Outlook
  - 8.3.1.1. Market Size & Forecast
    - 8.3.1.1.1. By Value
  - 8.3.1.2. Market Share & Forecast
    - 8.3.1.2.1. By Product Type
    - 8.3.1.2.2. By Vehicle Type
    - 8.3.1.2.3. By Application
- 8.3.2. India Commercial Vehicle Accessories Market Outlook
  - 8.3.2.1. Market Size & Forecast
    - 8.3.2.1.1. By Value
  - 8.3.2.2. Market Share & Forecast
    - 8.3.2.2.1. By Product Type
    - 8.3.2.2.2. By Vehicle Type
    - 8.3.2.2.3. By Application
- 8.3.3. Japan Commercial Vehicle Accessories Market Outlook
  - 8.3.3.1. Market Size & Forecast
    - 8.3.3.1.1. By Value
  - 8.3.3.2. Market Share & Forecast
    - 8.3.3.2.1. By Product Type
    - 8.3.3.2.2. By Vehicle Type
    - 8.3.3.2.3. By Application
- 8.3.4. South Korea Commercial Vehicle Accessories Market Outlook
  - 8.3.4.1. Market Size & Forecast
    - 8.3.4.1.1. By Value
  - 8.3.4.2. Market Share & Forecast
    - 8.3.4.2.1. By Product Type
    - 8.3.4.2.2. By Vehicle Type
    - 8.3.4.2.3. By Application
- 8.3.5. Australia Commercial Vehicle Accessories Market Outlook
  - 8.3.5.1. Market Size & Forecast
    - 8.3.5.1.1. By Value
  - 8.3.5.2. Market Share & Forecast
    - 8.3.5.2.1. By Product Type
    - 8.3.5.2.2. By Vehicle Type
    - 8.3.5.2.3. By Application

9. Middle East & Africa Commercial Vehicle Accessories Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Product Type
- 9.2.2. By Vehicle Type
- 9.2.3. By Application
- 9.2.4. By Country
9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Commercial Vehicle Accessories Market Outlook
  - 9.3.1.1. Market Size & Forecast
    - 9.3.1.1.1. By Value
  - 9.3.1.2. Market Share & Forecast
    - 9.3.1.2.1. By Product Type
    - 9.3.1.2.2. By Vehicle Type
    - 9.3.1.2.3. By Application
- 9.3.2. UAE Commercial Vehicle Accessories Market Outlook
  - 9.3.2.1. Market Size & Forecast
    - 9.3.2.1.1. By Value
  - 9.3.2.2. Market Share & Forecast
    - 9.3.2.2.1. By Product Type
    - 9.3.2.2.2. By Vehicle Type
    - 9.3.2.2.3. By Application
- 9.3.3. South Africa Commercial Vehicle Accessories Market Outlook
  - 9.3.3.1. Market Size & Forecast
    - 9.3.3.1.1. By Value
  - 9.3.3.2. Market Share & Forecast
    - 9.3.3.2.1. By Product Type
    - 9.3.3.2.2. By Vehicle Type
    - 9.3.3.2.3. By Application

10. South America Commercial Vehicle Accessories Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value
10.2. Market Share & Forecast
- 10.2.1. By Product Type
- 10.2.2. By Vehicle Type
- 10.2.3. By Application
- 10.2.4. By Country
10.3. South America: Country Analysis
- 10.3.1. Brazil Commercial Vehicle Accessories Market Outlook
  - 10.3.1.1. Market Size & Forecast
    - 10.3.1.1.1. By Value
  - 10.3.1.2. Market Share & Forecast
    - 10.3.1.2.1. By Product Type
    - 10.3.1.2.2. By Vehicle Type
    - 10.3.1.2.3. By Application
- 10.3.2. Colombia Commercial Vehicle Accessories Market Outlook
  - 10.3.2.1. Market Size & Forecast
    - 10.3.2.1.1. By Value
  - 10.3.2.2. Market Share & Forecast
    - 10.3.2.2.1. By Product Type
    - 10.3.2.2.2. By Vehicle Type
    - 10.3.2.2.3. By Application
- 10.3.3. Argentina Commercial Vehicle Accessories Market Outlook
  - 10.3.3.1. Market Size & Forecast
    - 10.3.3.1.1. By Value
  - 10.3.3.2. Market Share & Forecast
    - 10.3.3.2.1. By Product Type
    - 10.3.3.2.2. By Vehicle Type
    - 10.3.3.2.3. By Application

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments

13. Global Commercial Vehicle Accessories Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. Robert Bosch GmbH
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
15.2. 3M Company
15.3. Magna International Inc.
15.4. PHINIA Inc.
15.5. HELLA GmbH & Co. KGaA
15.6. Truck-Lite Co., LLC
15.7. Bosal International
15.8. WeatherTech Direct, LLC
15.9. Valeo
15.10. Kinedyne LLC