Medium & Heavy Trucks North America (NAFTA) Industry Guide 2020-2029
Summary
The NAFTA Medium & Heavy Trucks industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume , and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The North American Free Trade Agreement (NAFTA) is a trade agreement between the countries in North America: the US, Canada and Mexico. The medium & heavy trucks industry within the NAFTA countries had a total market value of $1,775.2 billion in 2024.The Mexico was the fastest growing country, with a CAGR of 26.8% over the 2020-24 period.
- Within the medium & heavy trucks industry, the US is the leading country among the NAFTA bloc, with market revenues of $1,546.9 billion in 2024. This was followed by Canada and Mexico, with a value of $177.9 and $50.4 billion, respectively.
- The US is expected to lead the medium & heavy trucks industry in the NAFTA bloc, with a value of $1,815.4 billion in 2029, followed by Canada and Mexico with expected values of $255.4 and $76.3 billion, respectively.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the NAFTA medium & heavy trucks market
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the NAFTA medium & heavy trucks market
- Leading company profiles reveal details of key medium & heavy trucks market players’ NAFTA operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the NAFTA medium & heavy trucks market with five year forecasts by both value and volume
- Compares data from the US, Canada and Mexico, alongside individual chapters on each country
Reasons To Buy
- What was the size of the NAFTA medium & heavy trucks market by value in 2024?
- What will be the size of the NAFTA medium & heavy trucks market in 2029?
- What factors are affecting the strength of competition in the NAFTA medium & heavy trucks market?
- How has the market performed over the last five years?
- What are the main segments that make up the NAFTA medium & heavy trucks market?