Home > Automotive > Mobility > Commercial Vehicles > Class 6 Trucks Market

Class 6 Trucks Market Analysis

  • Report ID: GMI9255
  • Published Date: Apr 2024
  • Report Format: PDF

Class 6 Trucks Market Analysis

Based on application, the market is divided into freight delivery, utility services, construction & mining, and others. The freight delivery segment dominates the market in 2023 and is projected to exceed USD 11 billion by 2032. Class 6 trucks are larger than medium-duty trucks such as Class 4 and 5, thus they can transport greater loads (up to 26,000 pounds) over longer distances than smaller choices. However, when compared to Class 7 and 8 trucks, they remain comparatively small & nimble.
 

This makes them suited for handling congested city streets, cramped warehouses, and loading docks, which are all significant obstacles in freight transportation. Class 6 vehicles are available in many different forms, including box trucks, flatbeds, and refrigerated units. This adaptability enables freight delivery firms to select the class 6 vehicle that best meets their cargo requirements, such as general items, palletized supplies, or temperature-controlled products. Along with this, class 6 trucks provide a fair blend of cargo capacity and fuel economy. They can carry heavy loads while remaining more fuel-efficient than larger rigs.
 

Class 6 Market Share, By Body Type, 2023

Based on body type, the class 6 trucks market is categorized into box, dump, beverage, and others. The box segment held a major market share of around 46% in 2023. Box trucks have a large, enclosed cargo compartment, making them adaptable for a variety of commodities and deliveries. They may be easily adapted with storage, partitions, and refrigeration units to meet individual cargo requirements, ranging from dry items and furniture to temperature-controlled delivery. The covered box ensures cargo security by shielding it from weather, theft, and damage during transportation.
 

This is critical for organizations shipping costly items or supplies that require tamper-proof handling. Box trucks are more aerodynamically designed than dump trucks or flatbeds. This can result in increased fuel economy, which is a considerable advantage for class 6 vehicles that are frequently utilized for short-distance deliveries. Furthermore, class 6 box trucks are easier to maneuver than bigger trailers owing to their size and construction. This is critical for handling congested city streets, tight corners, and loading docks, which are all frequent circumstances for class 6 truck operations.
 

Asia Pacific Class 6 Trucks Market Size, 2022-2032 (USD Billion)

Asia Pacific dominated the global class 6 trucks market with a share of over 48% in 2023. The region is undergoing major e-commerce growth, resulting in a high demand for last-mile delivery services. Class 6 trucks, with their mobility and efficiency, are suited for making these deliveries across cities. Many Asian Pacific countries are seeing economic growth and expansion in their industrial sectors. This results into increasing freight movement, necessitating efficient and dependable transportation solutions. Class 6 trucks can be useful for short-haul deliveries inside production hubs as well as the distribution of completed goods.
 

The largest markets for class 6 trucks in the U.S. are cantered in locations with significant population density and substantial economic activity. These locations are hotspots for e-commerce, retail, and numerous businesses that rely on effective freight transportation networks. The rise of these industries has led to the need for class 6 trucks for last-mile deliveries and urban transportation demands. Manufacturers in the U.S. are offering a wide range of class 6 vehicles tailored to meet specific industry needs. Additionally, the focus on technological advancements and stringent safety regulations will contribute to the regional market dominance.
 

European countries, including France, Germany, the UK, and the Netherlands, are witnessing significant growth in the market. Europe has a well-developed network of highways and roads that enable efficient freight transit. This solid infrastructure benefits the class 6 truck market, which is well-suited for shorter-distance hauls.
 

In addition, the European Union has set high emissions reduction objectives for the transportation sector. This is increasing the demand for cleaner & more efficient class 6 trucks, which may benefit manufacturers that provide electric or alternative fuel choices. Moreover, countries in the Middle East and Africa (MEA) region, such as the UAE and Saudi Arabia, are experiencing a rise in infrastructure development, propelling the demand for class 6 trucks for transportation and logistics.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of class 6 truck reached USD 16.1 billion in 2023 and is set to depict over 7% CAGR from 2024 to 2032, owing to the surge in online shopping and e-commerce.

The freight delivery segment is projected to exceed USD 11 billion, due to the capacity of these trucks to transport greater loads over long distances.

Asia Pacific market accumulated over 48% share in 2023, led by the thriving e-commerce sector and growing demand for last-mile delivery services.

Ford Motor Company, Freightliner, Hino Trucks, Isuzu Commercial Truck of America, Kenworth, Mack Trucks, Mitsubishi Fuso Truck of America, Navistar International Truck, and Peterbilt

Class 6 Trucks Market Scope

Buy Now


Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 400
  • Countries covered: 23
  • Pages: 260
 Download Free Sample