How big is the US TANKER TRUCK MARKET?

The US TANKER TRUCK MARKET size is expected to reach USD 26.74 billion in 2024 and grow at a CAGR of 5.03% to reach USD 34.17 billion by 2029. Read More

What is the current US TANKER TRUCK MARKET size?

In 2024, the US TANKER TRUCK MARKET size is expected to reach USD 26.74 billion. Read More

Who are the key players in US TANKER TRUCK MARKET?

MAN Truck & Bus AG, Iveco, Mercedes (Daimler), Volvo Group and Scania AB are the major companies operating in the US TANKER TRUCK MARKET. Read More

Which is the fastest growing region in US TANKER TRUCK MARKET?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in US TANKER TRUCK MARKET?

In 2024, the Asia Pacific accounts for the largest market share in US TANKER TRUCK MARKET. Read More

What years does this US TANKER TRUCK MARKET cover, and what was the market size in 2023?

In 2023, the US TANKER TRUCK MARKET size was estimated at USD 25.39 billion. The report covers the US TANKER TRUCK MARKET historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the US TANKER TRUCK MARKET size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

US TANKER TRUCK MARKET Market Share

Statistics for the 2023 & 2024 US TANKER TRUCK MARKET market share, created by Mordor Intelligence™ Industry Reports. US TANKER TRUCK MARKET share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of US TANKER TRUCK MARKET

The US Tanker truck market is moderately consolidated with players like Volvo Group, MAN Truck & Bus AG, Mercedes (Daimler), Iveco, Scania AB, Freightliner Trucks, and others.

Players either follow a constructive alliance approach or aggressively launch new trucks in the market. For instance:

• In January 2024, Volvo Trucks introduced a new heavy-duty truck platform tailored for the North American market. It launched a fresh heavy-duty truck lineup for Europe, Australia, and various markets across Asia and Africa.

o These new models prioritize energy efficiency, featuring options such as electric and renewable fuel-powered trucks. These advancements are aimed at lowering CO2 emissions, moving the company closer to its goal of achieving a net-zero emission product range by 2040.