Class 5 Trucks Market Share

Class 5 Trucks Market Share

Daimler AG, Hino Motors, and Kenworth dominate class 5 trucks industry holding market share over 23%. Daimler AG, a leading global manufacturer, dominates market with its diverse portfolio of brands, including Freightliner and Mercedes-Benz. These brands offer a wide range of class 5 trucks tailored to various applications, from urban delivery to vocational use, meeting the needs of different industries.
 

Kenworth and Hino, subsidiaries of PACCAR Inc. and Toyota Group, respectively, are known for their reliability, durability, and innovative features, Kenworth and Hino trucks are preferred choices for businesses in construction, utilities, and logistics. With their established reputations, extensive dealer networks, and ongoing investments in research and development, Daimler AG, Kenworth, and Hino continue to dominate and drive innovation in the market.
 

Class 5 Trucks Market Companies

Major companies operating in the class 5 trucks industry are:

• Daimler AG
• Doosan
• Fiat Chrysler Automobiles
• Ford
• Hino
• Kenworth
• Navistar, Inc. 
• PACCAR
• Stellantis
• Toyota
• Volvo Group