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Class 2 Trucks Market Share

  • Report ID: GMI9178
  • Published Date: Apr 2024
  • Report Format: PDF

Class 2 Trucks Market Share

Mitsubishi Fuso, Ram and Isuzu hold a significant market share of over 46% in the class 2 trucks industry, This significant presence is attributed to several factors. Firstly, each brand offers a diverse range of vehicles tailored to various needs, from commercial to utility purposes. Secondly, their reputation for reliability and durability resonates with consumers and businesses alike, fostering trust and brand loyalty.

Moreover, their commitment to innovation ensures that they stay ahead in terms of technology and efficiency, meeting evolving industry demands. With robust distribution networks and comprehensive after-sales support, Mitsubishi Fuso, Ram, and Isuzu continue to strengthen their foothold in the class 2 truck segment, solidifying their position as industry leaders.

Class 2 Trucks Market Companies

Major companies operating in the class 2 trucks industry are:

  • Chevrolet
  • Ford
  • Freightliner
  • Hino
  • Isuzu
  • Mercedes-Benz
  • Mitsubishi Fuso
  • Nissan
  • Ram
  • Utilimaster
Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of class 2 trucks reached USD 649 million in 2023 and will grow at over 9% CAGR between 2024 and 2032, led by the need for effective last-mile delivery services.

Gasoline from fuel segment held a decent market share in 2023 will generate over 813.3 USD million by 2032, owing to its familiarity and simplicity of fueling.

Asia Pacific class 2 trucks market generated USD 370.6 million in 2023, driven by the increasing demand for transportation solutions to support last-mile delivery services.

Chevrolet, Ford, Freightliner, Hino, Isuzu, Mercedes-Benz, Mitsubishi Fuso, Nissan, Ram among others.

Class 2 Trucks Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 19
  • Tables & Figures: 350
  • Countries covered: 28
  • Pages: 220
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