U.S. Trucks Market Size & Share Analysis - Key Trends, Future Opportunities, Growth Strategies, and Forecasts (2025 - 2032)

U.S. Trucks Market Emerging Trends & Growth Drivers

Used and Eco-Friendly Trucks Are Key Trends

• The growing demand for low-cost and dependable transportation by the logistics, construction, retail, and farming sectors is driving the demand for used trucks.
• As new trucks are expensive, small and medium-sized companies are looking for second-hand vehicles.
• Companies are also targeting sustainability by extending the lives of vehicles and reducing environmental effects, simultaneously.
• Certain technological improvements, such as security hardware, telematics devices, and economical engines, have increased the worth of second-hand vehicles.
• Online auctions and internet marketplaces facilitate customers in easily finding, assessing, and purchasing certified used trucks. Several OEMs themselves have second-hand vehicle arms, which retrieve trucks, repair them, and make them fit for reuse.
• The rising availability of fuel-efficient and hybrid used trucks enables businesses to meet environmental goals without investing in new electric or low-emission vehicles.

Growth in E-Commerce and Last-Mile Delivery Is a Key Driver

• The increasing online buying and last-mile delivery are the emerging drivers in the market.
• Consumers are buying online, which requires rapid, reliable product delivery from suppliers.
• This has resulted in an increasing use of vans and light-duty trucks, which are easy to drive in towns.
• Around 25% of the consumers are buying online, while the additional 61% utilize the combination of online and in-store buying.
• This development is not only driving the transportation and logistics sectors forward but also increasing demand for specialized trucks meant to meet the expectations.
• Retail e-commerce sales for 2025 Q1 in the U.S. stood at USD 1,858.5 billion, as per the Census Bureau.
• Moreover, roads carry almost 60% of the freight within the U.S. as it is the cheapest mode of transport for bulk cargo.
• As per the Bureau of Transportation Statistics, the value of goods carried across the country by trucks is expected to rise from USD 13,688 billion in 2017 to USD 20,981 billion in 2050.

U.S. Trucks Market Segmentation Analysis

Vehicle Analysis

The light-duty category held the largest market share, of 70%, in 2024 because of their adaptability, low cost, and widespread use by both personal and business sectors. These trucks are highly popular in suburban and rural areas for daily light-duty deliveries. As per the BTS, in 2023, 74.1% and 56.2% of the goods in terms of volume and value, respectively, traveled a distance of less than 250 miles between origin and destination.

The medium-duty category will have the highest CAGR, of 5.6%, due to increasing e-commerce and last-mile delivery demand. These vehicles have a higher payload capacity and flexibility for city logistics. Their applications in utilities, regional transportation, and construction make them attractive to a broader range of industries.

The vehicles analyzed in this report are:

• Light-Duty (Larger-Growing Category)
  • Pickup
  • Compact
• Medium-Duty (Faster-Growing Category)
  • Class 4-6
• Heavy-Duty
  • Class 7-8
  • Dump
  • Tow

Fuel Analysis

The diesel category held the largest market share, of 65% in 2024, because it dominates heavy-duty usage. It provides increased torque and better fuel efficiency for logistics, construction, and agricultural operations, which rely on performance and dependability to use large amounts of cargo over long distances. In the U.S. market, nearly 95.7% of the trucks employ diesel engines.

The electric category will have the highest CAGR, of 6%, due to the increasing adoption of sustainability goals, and government schemes, such as the Commercial Clean Vehicle Tax Credit; and advancements in battery technology. The low operating expenses and zero-emission regulations are motivating urban and regional delivery fleet operators to use electric trucks.

The fuels analyzed in this report are: 

• Diesel (Largest Category) 
• Gasoline
• Electric (Fastest-Growing Category) 
• Hybrid
• Natural Gas
• Hydrogen Fuel Cell

Application Analysis

The logistics & transportation category held the largest market share, of 45% in 2024, due to the increasing globalization and cross-border trade, which drives the demand for heavy-duty trucks to transport goods between factories, warehouses, road and rail freight terminals, ports, and end users.

The mining category will have the highest CAGR, of 6.3%, because of the growing demand for vital minerals, such as cobalt and lithium. The rising exploration of mineral reserves and the development of the associated infrastructure raise the need for specialist vehicles. The advancement of technology, urbanization, and industrialization contribute significantly to the growing need for mining logistics.

The applications analyzed in this report are: 

• Logistics & Transportation (Largest Category) 
• Construction & Infrastructure
• Retail & E-commerce
• Mining (Fastest-Growing Category) 
• Others

Tonnage Analysis

The 10–20 tons category held the largest market share, of 60% in 2024, because of its versatility. They are widely used for urban delivery, regional distribution, and transportation of building materials.

The above 20 tons category will have the highest CAGR, of 4.2%, due to the growing demand for bulk logistics. They transport bulk materials over long distances and rough terrains. The need for higher fuel economy and environmental standards are also promoting the application of these trucks.

The tonnage analyzed in this report are: 

• Less than 5 Tons
• 5-10 Tons
• 10-20 Tons (Largest Category) 
• Above 20 Tons (Fastest-Growing Category) 

U.S. Trucks Market Regional Growth Dynamics

The South region held the largest market share, of 40%, in 2024 because of its strong construction, agriculture, and freight sectors, especially in Texas, Florida, and Georgia. The vast size of the region and its powerful industrial sector require a high number of heavy-duty trucks to transport products and materials.

The West will have the highest CAGR of 5.5%, powered by e-commerce growth, technological advancements, and huge investments in infrastructure. California’s USD 45-billion allocation under the federal Infrastructure Investment and Jobs Act (IIJA) for upgrading roads, bridges, ports, and freight corridors drives this demand. Several states, including California, Oregon, and Washington, have diversified their economies, which necessitate an expanding fleet of multi-purpose trucks to satisfy their transportation needs.

The geographical breakdown of the market is as follows: 

• Northeast
• Midwest
• South (Largest Category) 
• West (Fastest-Growing Category) 

U.S. Trucks Market Share Analysis

The market is fragmented because of a large number of domestic and international OEMs. Regional and small players cater to specialized requirements, such as vocational trucks, custom offerings, and regional distribution. The existence of mixed state-level legislation, changing environmental requirements, and the wide spectrum of industries serviced by trucks, ranging from agribusiness to online retail, make the market e fragmented.

U.S. Trucks Market Developments

• In May 2025, General Motors Company announced plans to invest USD 888 million in its Tonawanda plant, which produces V8 engines for SUVs and full-size pickup trucks.
• In May 2025, Daimer Truck AG announced that it will launch new electric truck models based on the Mercedes-Benz eActros 600; orders can be made from the autumn of 2025.
• In March 2025, Volkswagen AG revealed its partnership with Valeo and Mobileye to achieve Level 2+ ADAS functionality in all its vehicles based on the MQB platform.
• In January 2025, AB Volvo unveiled its A50 articulated hauler for the mining sector.
• In April 2024, Tesla Inc. announced that its all-electric Class 8 semi-truck will be available in 2026.