Expedition Truck Market Size By Weight (Below 3.5 Tonne, 3.5-7.5 Tonne, Above 7.5 Tonne), By Drive System (2WD, 4WD, Above 4WD), By Type (Class A, Class B, Class C, Overland Vehicle), & Global Forecast, 2023 – 2032

Expedition Truck Market Size

Expedition Truck Market size surpassed USD 200 million in 2022 and is anticipated to expand at 8% CAGR from 2023 to 2032, driven by the rising consumer spending capabilities on camping and tourism activities.
 

In recent years, there has been a significant consumer preference for road trips from conventional holiday packages. The Camping Industry Statistics for North America 2022 reveals that the annual spending on accessories, camping gear, and trip-related expenses in the region reached USD 167 billion. Bettering economic conditions, including increased GDP and disposable incomes across developed countries will also drive the industry growth.
 

The high costs associated with the capital as well as operations of expedition trucks may pose as a major restraint for the expedition vehicle market expansion. The increasing usage of innovative and high-quality materials to offer reduced vehicle weight along with the customization of interior & exterior features further adds to the overall vehicle cost. The higher expenses associated with the continuous maintenance and replacement of batteries and refilling of gas for power generators will also limit the product espousal to a considerable extent.
 

Expedition Truck Market Analysis

The below 3.5 tonne expedition truck market is set to cross USD 200 million by 2032. The introduction of favorable government policies across various countries, including the Tourism Policy Council (TPC) in the U.S.  has led to the proliferated demand for tourism in the country. Moreover, the surging prominence of luxurious trucks with comfortable and compact interiors as well as technologically advanced appliances, such as LED TVs, home theaters, and cooking tops, is further propelling the product demand.
 

4WD expedition truck market valuation exceeded USD 130 million in 2022 on account of the growing number of active campers. 4WD drive systems offer enhanced traction and simplified control in dangerous driving conditions, including snow, ice, rocks, and other scenarios. The commercial usage of expedition trucks, such as renting for consumers and using for taking tourists from one destination to another is fueling the market statistics.
 

North America expedition truck market is poised to observe 8% growth between 2023 and 2032. The surge in technological advancements have influenced the growing investments for expedition vehicles in the region. The rising per-capita incomes along with the lower consumer debt have led to the higher spending on high-end expedition trucks, further influencing the industry outlook. As per the U.S. Bureau of Economic Analysis, the GDP in the U.S. surged by 2.9% during the third quarter of 2022.
 

Expedition Truck Market Share

Some of the leading participants in expedition vehicle market  include:

• 27North INC
• ACTION MOBIL GmbH
• All Terrain Expedition Camper Trucks
• Bliss Mobil
• Boxmanufaktur
• Bozcrome Industries PTY Ltd (SLRV Expedition Vehicles)
• Expedition Vehicles VAK
• Gekkotruck
• Global Expedition Vehicles
• KRUG Expedition GmbH
• Motorcraft Adventure Developments
• ROVER Off Road
• Unicat GmbH
• Zocama.
   

Expedition Truck Industry News

• In June 2022, Mercedes-Benz introduced Unimog U 4023 expedition truck model for expanding its market presence in APAC. The new truck is deployed with superior off-road capabilities as well as a robust and lightweight design.
   
• 27North Inc., in August 2022, announced its plans of launching outdoor expedition vehicles built on F550 Chassis and featuring unique & durable designs for withstanding an F1 tornado as well as a low-caliber ballistic bullet.

This market research report on expedition truck includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD and shipment in Units from 2018 to 2032 for the following segments:

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Market, By Weight

• Below 3.5 tonne
• 3.5-7.5 tonne
• Above 7.5 tonne

Market, By Drive System

• 2WD
• 4WD
• Above 4WD

Market, By Type 

• Class A
• Class B
• Class C
• Overland vehicle

The above information has been provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Russia
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
• LAMEA
  • Brazil
  • Mexico
  • UAE
  • Saudi Arabia
  • South Africa