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    US Medium Duty Truck Market

    ID: MRFR/AM/16555-HCR
    100 Pages
    Garvit Vyas
    October 2025

    US Medium Duty Truck Market Research Report By Fuel (Diesel, Natural Gas, Hybrid, Electric, Gasoline), By Horsepower (Below 150 HP, 150 HP-250 HP, Above 250 HP) and By Application (Construction & Mining, Freight & Logistics) - Forecast to 2035

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    US Medium Duty Truck Market Infographic
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    US Medium Duty Truck Market Summary

    The US Medium Duty Truck market is projected to grow from 8.74 USD Billion in 2024 to 12.3 USD Billion by 2035, indicating a robust growth trajectory.

    Key Market Trends & Highlights

    US Medium Duty Truck Key Trends and Highlights

    • The market valuation is expected to reach 12.3 USD Billion by 2035, reflecting a steady increase from 8.74 USD Billion in 2024.
    • The compound annual growth rate (CAGR) for the market is estimated at 3.18% from 2025 to 2035, suggesting a gradual expansion.
    • The growth of the US Medium Duty Truck market may be influenced by increasing demand for efficient transportation solutions across various industries.
    • Growing adoption of advanced telematics due to rising operational efficiency needs is a major market driver.

    Market Size & Forecast

    2024 Market Size 8.74 (USD Billion)
    2035 Market Size 12.3 (USD Billion)
    CAGR (2025-2035) 3.18%

    Major Players

    Chevrolet, Mitsubishi Fuso Truck of America, Isuzu Commercial Truck of America, Hino Motors, Freightliner, Ford Motor Company, International Trucks, Nissan North America, GMC, Kenworth, Ram Trucks, Toyota Motor North America, Peterbilt Motors Company

    US Medium Duty Truck Market Trends

    In the US Medium Duty Truck Market, there are several important market trends shaping the industry landscape. One significant trend is the increasing adoption of advanced telematics systems. These systems enhance fleet management by providing real-time data on vehicle performance, fuel efficiency, and driver's behavior. This trend is driven by the need for better operational efficiency and cost reduction within the logistics and transport sectors.

    Market Segment Insights

    US Medium Duty Truck Market Segment Insights:

    US Medium Duty Truck Market Segment Insights:

    Medium Duty Truck Market Fuel Insights

    Medium Duty Truck Market Fuel Insights

    The Fuel segment of the US Medium Duty Truck Market presents a diverse range of options, each playing a significant role in the overall market landscape and contributing to the evolving dynamics of transportation. A notable portion of this segment is dominated by Diesel fuel, largely due to its proved fuel efficiency and high power output, making it a popular choice among fleet operators for medium duty applications.

    However, the rise of environmental concerns and regulatory measures has spurred interest in cleaner alternatives like Natural Gas, which offers lower emissions and is increasingly seen as a viable option for long-haul and urban delivery services, reflecting a growing trend toward more sustainable transportation solutions.   In recent years, Hybrid technologies have gained traction, allowing for fuel savings while retaining the performance characteristics essential in medium duty trucks, thus appealing to operators seeking both efficiency and power.

    Electric vehicles have also begun to make inroads into the market, driven by advancements in battery technology and supportive infrastructure, providing an eco-friendly alternative especially suited for urban and regional operations. The Electric fuel segment represents the increasing demand for zero-emission vehicles, aligned with policies promoting the reduction of greenhouse gases and fossil fuel reliance. Furthermore, Gasoline continues to serve a niche yet essential role in the fuel mix, particularly for light-duty applications within the medium duty sector, where versatility and availability are key.

    As the market evolves, fuel type considerations are critical; factors such as overall cost, availability, performance, and compliance with emissions regulations significantly influence fleet decisions. With investments in alternative fuel infrastructure and advancements in fuel efficiency technologies, this segment is well-positioned to adapt to changing market demands and consumer preferences, while also facing the challenges of legacy fuel infrastructures and fluctuating fuel prices. The interplay between these fuel options will heavily shape the US Medium Duty Truck Market's direction, guiding operators in their choices and strategies as the industry continues to seek improvement in sustainability and operational efficiency.

    Medium Duty Truck Market Horsepower Insights

    Medium Duty Truck Market Horsepower Insights

    The Horsepower segment of the US Medium Duty Truck Market plays a crucial role in determining the performance and application of vehicles within this category. The market is segmented into three key tiers: Below 150 HP, 150 HP-250 HP, and Above 250 HP. The Below 150 HP category primarily caters to lighter applications such as local deliveries and smaller logistics operations, where maneuverability and fuel efficiency are essential.

    The 150 HP-250 HP segment holds a significant share due to its versatile nature, serving a wide range of industries including construction and municipal services.This range is often favored for its balance between power and efficiency, making it ideal for medium-duty vehicles handling both urban and highway driving. The Above 250 HP segment, while less populated, appeals to heavy-duty operations requiring increased power for towing and hauling larger loads, thus playing a vital role in freight transport and heavy equipment industries.

    Understanding the distribution and dynamics of these horsepower categories is essential for stakeholders aiming to navigate the evolving landscape of the US Medium Duty Truck Market, as they respond to changes in regulations, technology, and consumer demand.Market trends indicate a growing preference for higher efficiency and lower emissions in all segments, propelled by advancements in engine technology and shifts towards more sustainable practices in the transportation sector.

    Medium Duty Truck Market Application Insights

    Medium Duty Truck Market Application Insights

    The Application segment of the US Medium Duty Truck Market encompasses crucial operations in various industries, prominently including Construction and Mining, as well as Freight and Logistics. Each plays a significant role in driving market growth. For instance, the Construction and Mining sector utilizes medium duty trucks extensively for transporting materials and equipment, necessitating a robust and reliable fleet to meet project deadlines and labor demands. This sector benefits from infrastructural investments, which have been prioritized by government initiatives aimed at economic development within the US.

    Meanwhile, the Freight and Logistics area is dominated by the need for efficient transport solutions to handle both inbound and outbound logistics, significantly influenced by the growing e-commerce landscape. Increased consumer demand for quick delivery services has propelled the need for medium duty trucks that can accommodate various loads while offering flexibility and reliability. Overall, these applications highlight the importance of the US Medium Duty Truck Market as a backbone for economic activities, reliant on well-structured logistics and construction operations.The evolving market dynamics present both opportunities and challenges, fostering innovation and increased competition within the industry.

    Get more detailed insights about US Medium Duty Truck Market Research Report - Forecast to 2035

    Key Players and Competitive Insights

    The competitive landscape of the US Medium Duty Truck Market is characterized by numerous players vying for market share, each presenting unique offerings that cater to diverse customer needs. This market segment is pivotal for various applications, including delivery services, construction, and municipal operations. Manufacturers continuously innovate to improve vehicle efficiency, payload capacity, and safety features while also addressing environmental concerns with advancements in emissions technology and alternative fuel options. As the demand for these versatile trucks grows, companies are focusing on enhancing their product portfolios and establishing strong distribution networks to gain a competitive edge.

    Chevrolet holds a significant place in the US Medium Duty Truck Market, leveraging its long-standing brand reputation and extensive experience in the automotive industry to provide strong market presence. The company offers a range of medium-duty trucks that are recognized for their reliability, ease of maintenance, and versatility, appealing to both businesses and fleet operators alike. Chevrolet's strengths in this market can be attributed to a robust support system for customer service, well-established dealer networks, and a focus on providing adaptable vehicles that can meet various operational needs.

    Additionally, the brand's commitment to innovation ensures that its models are equipped with modern technology that enhances driving comfort, safety, and fuel efficiency, making them a preferred choice for many fleet managers and operators within the medium-duty segment.Mitsubishi Fuso Truck of America also plays a crucial role in the US Medium Duty Truck Market, recognized for its reliable and efficient lineup of vehicles tailored for a range of commercial applications. The company emphasizes sustainability with a strong portfolio that includes low-emission models and alternative fuel options, allowing businesses to align with environmental standards while maintaining operational efficiency.

    Mitsubishi Fuso's strengths lie in its advanced engineering, durability, and adaptability within its product offerings, which are designed to meet the specific needs of US customers. The company has actively pursued strategic mergers and acquisitions that have bolstered its market position and expanded its capabilities, enabling it to offer a comprehensive suite of services that enhance customer support and operational ease. With a solid presence across the nation, Mitsubishi Fuso's commitment to quality and customer satisfaction reinforces its reputation as a trusted name in the medium-duty truck sector in the United States.

    Key Companies in the US Medium Duty Truck Market market include

    Industry Developments

    The US Medium Duty Truck Market has experienced significant developments and changes in recent months. Notably, companies like Freightliner and International Trucks have been focusing on electrification, responding to increased regulatory pressures for reduced emissions. In September 2023, Ford Motor Company announced new investments aimed at expanding their lineup of medium-duty trucks, underlining the rising demand for these vehicles in urban logistics. Further, Chevrolet and GMC have updated their medium-duty offerings to enhance fuel efficiency and integrate advanced technologies.

    In terms of mergers and acquisitions, a notable event in July 2023 was the acquisition of certain assets from Mitsubishi Fuso Truck of America by Isuzu Commercial Truck of America, consolidating their presence in the market. Historically, the market has shown robust growth, with a 15% increase in valuations over the past two years, driven by an increased shift toward online deliveries and demand for freight services. Current affairs also show a trend toward incorporating more sustainable practices, which is pushing companies like Hino Motors and Nissan North America to innovate further in this space.

    As the market continues to evolve, it is becoming increasingly competitive, with a strong emphasis on technology and environmental stewardship driving future developments.

    Market Segmentation

    Outlook

    • Construction & Mining
    • Freight & Logistics

    Report Scope

    Report Attribute/Metric Source: Details
    MARKET SIZE 2018 8.4 (USD Billion)
    MARKET SIZE 2024 8.74 (USD Billion)
    MARKET SIZE 2035 12.33 (USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 3.174% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Billion
    KEY COMPANIES PROFILED Chevrolet, Mitsubishi Fuso Truck of America, Isuzu Commercial Truck of America, Hino Motors, Freightliner, Ford Motor Company, International Trucks, Nissan North America, GMC, Kenworth, Ram Trucks, Toyota Motor North America, Peterbilt Motors Company
    SEGMENTS COVERED Fuel, Horsepower, Application
    KEY MARKET OPPORTUNITIES Electric medium-duty trucks, Autonomous vehicle technology integration, Enhanced fuel efficiency solutions, Last-mile delivery specialization, Advanced telematics and fleet management
    KEY MARKET DYNAMICS growing e-commerce demand, stringent emission regulations, advances in truck technology, rising fuel prices, increasing logistics costs
    COUNTRIES COVERED US

    FAQs

    What is the expected market size of the US Medium Duty Truck Market in 2024?

    The US Medium Duty Truck Market is expected to be valued at 8.74 USD Billion in 2024.

    What will be the estimated market size of the US Medium Duty Truck Market by 2035?

    By 2035, the US Medium Duty Truck Market is projected to reach a value of 12.33 USD Billion.

    What is the expected compound annual growth rate (CAGR) for the US Medium Duty Truck Market from 2025 to 2035?

    The expected CAGR for the US Medium Duty Truck Market from 2025 to 2035 is 3.174%.

    Who are the major players in the US Medium Duty Truck Market?

    Key players in the US Medium Duty Truck Market include Chevrolet, Freightliner, Ford Motor Company, and Isuzu Commercial Truck of America among others.

    What is the market value of Diesel fuel in the US Medium Duty Truck Market for 2024?

    In 2024, the market value of Diesel fuel in the US Medium Duty Truck Market is projected at 4.5 USD Billion.

    What will be the market value of Electric fuel in the US Medium Duty Truck Market by 2035?

    The market value of Electric fuel in the US Medium Duty Truck Market is expected to reach 1.8 USD Billion by 2035.

    How much is the Natural Gas segment valued at in 2024?

    The Natural Gas segment of the US Medium Duty Truck Market is valued at 1.5 USD Billion in 2024.

    What key trends are currently influencing the US Medium Duty Truck Market?

    Emerging trends in the US Medium Duty Truck Market include the rise in alternative fuel vehicles and increasing demand for eco-friendly transportation solutions.

    What challenges might impact the growth of the US Medium Duty Truck Market in the next decade?

    Challenges facing the US Medium Duty Truck Market include fluctuating fuel prices and regulatory compliance for emissions standards.

    What is the projected market value for the Hybrid segment by 2035?

    The Hybrid segment of the US Medium Duty Truck Market is expected to be valued at 1.5 USD Billion by 2035.

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