"Market Intelligence for High-Geared Performance"

Light Duty Truck Market Size, Share & Industry Analysis, By Class (Class 1 and Class 2), By Drive Configuration (2WD and AWD), By Powertrain (ICE, Hybrid, and Electric), By Vehicle Type (Pickup Trucks, Vans, and Mini Trucks), By Component (Engine and Powertrain, Chassis & Suspension, Body and Bed, Braking and Steering, Electrical & Cooling System, Safety Features, Wheels & Tires, and Other Components), By Application (Delivery Services, Construction & Landscaping, Utility and Maintenance, Small Business Operations, Emergency Services, and Waste Management), and Regional Forecast, 2025-2032

Last Updated: November 17, 2025 | Format: PDF | Report ID: FBI113788

 


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ATTRIBUTE

DETAILS

Study Period

2019-2032

Base Year

2024

Estimated Year 

2025

Forecast Period

2025-2032

Historical Period

2019-2023

Growth Rate

CAGR of 9.1% from 2025 to 2032

Unit

Value (USD Billion) and Volume (Thousand Units)

Segmentation

By Class

  • Class 1
  • Class 2

By Drive Configuration

  • 2WD
  • AWD  

By Powertrain

  • ICE
  • Hybrid
  • Electric

By Vehicle Type

  • Vans
  • Pickup Trucks
  • Mini Trucks

By Component

  • Engine and Powertrain
  • Chassis & Suspension
  • Body and Bed
  • Braking and Steering
  • Electrical & Cooling System
  • Safety Features
  • Wheels & Tires
  • Other Components

By Application

  • Delivery Services
  • Construction & Landscaping
  • Utility and Maintenance
  • Small Business Operations
  • Emergency Services
  • Waste Management

By Region

  • North America (By Class, By Drive Configuration, By Powertrain, By Vehicle Type, By Component, and By Application)
    • U.S. (By Vehicle Type)
    • Canada (By Vehicle Type)
    • Mexico (By Vehicle Type)
  • Europe (By Class, By Drive Configuration, By Powertrain, By Vehicle Type, By Component, and By Application)
    • Germany (By Vehicle Type)
    • France (By Vehicle Type)
    • U.K. (By Vehicle Type)
    • Rest of Europe (By Vehicle Type)
  • Asia Pacific (By Class, By Drive Configuration, By Powertrain, By Vehicle Type, By Component, and By Application)
    • China (By Vehicle Type)
    • India (By Vehicle Type)
    • Japan (By Vehicle Type)
    • South Korea (By Vehicle Type)
    • Rest of Asia Pacific (By Vehicle Type)
  • Rest of the World (By Class, By Drive Configuration, By Powertrain, By Vehicle Type,  By Component, and By Application)
  • 2019-2032
  • 2024
  • 2019-2023
  • 200
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