Utility Trucks Market size was valued at USD 67.58 in 2024, and the total Utility Trucks Market revenue is expected to grow at a CAGR of 8.8% from 2025 to 2032, reaching nearly USD 132.69 Bn. by 2032.Utility Trucks Market Overview
Utility trucks are specialized commercial vehicles designed to perform essential tasks such as material transport, maintenance, and public service across sectors like construction, waste management, and urban infrastructure. They include types like dump, sweeper, fire, and garbage trucks. The Utility Trucks Market is witnessing steady growth due to increasing urban infrastructure projects, rising demand for waste management solutions, and advancements in utility services. Its experiences are consistent demand across construction, municipal, and utility sectors, although supply constraints, mainly in fire and specialty trucks, have led to longer lead times and rising costs. North America dominated the Utility Trucks Market in 2024, due to its strong infrastructure base, high investment in utility and emergency services, and rapid adoption of advanced technologies, such as electric and hybrid trucks. Asia Pacific is emerging with fast-growing urban development, and North America maintains a leading position supported by structured regulations, fleet modernization, and steady replacement demand. Major players in the Utility Trucks Market, including Volvo Group, Daimler Truck AG, Ford, and Paccar, are investing in advanced and sustainable vehicle technologies to maintain competitive advantages. Key end-users, including construction firms, municipalities, and utility service providers, are major contributors to market growth, as they seek reliable, efficient, and eco-friendly utility transport solutions. The report also helps in understanding the Global Utility Trucks Market dynamics, structure by analyzing the market segments and projecting the Global market. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Utility Trucks Market makes the report an investor’s guide.To know about the Research Methodology :- Request Free Sample Report
Utility Trucks Market Dynamics
Urbanization and Industrial Expansion to Drive Utility Trucks Market Growth
Increased urbanization is increasing the demand for trash trucks, sweeper trucks, and safety vehicles as a result of rapid economic growth and industrialization throughout the world. Additionally, the growing need for safety systems that use utility vehicles such as fire trucks and water tankers has resulted from the rise of industries. The demand for dump trucks is being driven by the growth of the building and mining sectors in most countries around the world. The growth of the real estate sector in most developing countries is increasing the construction industry and, as a result, fuelling global demand for utility vehicles.Rising SME Investments and Urban Challenges to Drive Utility Trucks Market Growth
In recent years, investment in small and midsize enterprises has increased significantly, necessitating the use of compact utility vehicles to do many duties. Most people are encouraged to invest in small and medium-sized enterprises because they encourage entrepreneurship and the creation of new business lines. In most big cities, such as London, Mexico City, Boston, and Chicago, rising traffic is increasing the risk of severe loss of life and property. As a result, governments are investing in infrastructure and putting in place equipment to deal with emergencies, which is driving up demand for utility trucks.Rising Product Launches and Hybrid Innovations to Create Utility Trucks Market Opportunity
The growing number of product launches has had the greatest influence on market growth. The demand for hybrid utility trucks has opened up several opportunities for market players. LION Electric announced the debut of a new electric waste utility vehicle in April 2020. The lithium-ion NMC battery is expected to power the 'Class 8' garbage truck, which may help meet customer demand for hybrid utility trucks.Utility Trucks Market Segment Analysis
Based on product, the Garbage trucks accounted for the largest proportion of the Utility Trucks Market in 2024 and are expected to grow at the fastest rate between 2025 and 2032. The increase in mining and construction operations in developing countries like India and China is a key contributor to the market's growth. The garbage truck sector growth is linked to an increase in municipal budgets as well as increased public knowledge regarding proper trash disposal. Garbage trucks with rear loaders accounted for the largest percentage of the market in 2024. The growth of this market is fuelled by factors such as strict government regulations and rising demand for fuel-efficient automobiles. Based on Engine type, in 2024, the ICE (Diesel, Gasoline, Hybrid, CNG) segment held the largest market share, and it is expected to maintain that position during the forecast period. Utility trucks require a very high torque ratio, which promotes demand for ICE engines. Gasoline and diesel engines provide higher torque than electric and hybrid engines. However, strict pollution regulations, technological breakthroughs, and the introduction of electric cars are restricting the ICE segment's growth. The electric truck industry is still in its development, but it is expected to make considerable inroads against ICE vehicles in the coming years. Electric trucks, on the other hand, need large-capacity batteries, which increases the entire cost. However, strict pollution regulations, technological breakthroughs, and the introduction of electric cars are restricting the ICE segment's growth. The electric truck industry is still in its development, but it is expected to make considerable inroads against ICE vehicles in the coming years. Electric trucks, on the other hand, need large-capacity batteries, which increases the entire cost.Utility Trucks Market Regional Analysis
North America dominated the Utility Trucks Market in 2024 and was valued at USD XX billion in 2024, and is expected to grow at a faster pace during the forecast period. Due to significant demand from enterprises or government agencies operating in end-use sectors such as waste management, construction services, fire safety, and infrastructure cleaning services, the United States held the biggest revenue share in the North American market in 2024. Aside from North America, the market in Europe is expected to grow at a significant rate during the forecast period, owing to increased urbanization and population growth in several countries in this region. The growing registration of electric utility cars across the European Union is driving this substantial rise. Due to commercial and residential fires in countries such as the United Kingdom, fire engines are in high demand throughout the region. Utility Trucks Market Competitive Landscape The Utility Trucks Market is highly competitive, led by major players like Ford Motor Company, General Motors, Isuzu Motors Ltd., and Daimler Truck AG. Ford stands out with its aggressive support for electric trucks like the F-150 Lightning and investments in connected vehicle technologies. General Motors is also advancing rapidly with electric models like the Silverado EV and strong integration of telematics for fleet optimization. Isuzu Motors, known for durability and fuel efficiency, leads in Asia Pacific and focuses on low-emission diesel and alternative fuels. Daimler Truck AG is investing in both battery electric and hydrogen-powered trucks, offering digital fleet management tools under brands like Freightliner and Mercedes-Benz. These companies are top players by their global presence, continuous innovation, strong R&D capabilities, and strategic partnerships across the transportation and energy sectors. The ability to adapt to electrification trends and support fleets with smart, efficient solutions keeps them ahead in the market.Utility Trucks Market Key Trends
Key Trends Description Electrification of Utility Trucks Growing shift toward electric utility trucks due to emission regulations and sustainability goals. Integration of Advanced Telematics Use of GPS, diagnostics, and real-time data for improved fleet management and performance. Increased Demand from the Construction Sector Expansion in infrastructure projects is driving higher demand for utility trucks globally. Customization and Multi-functionality Rising preference for trucks designed for specific tasks, offering greater operational flexibility. Utility Trucks Market Scope: Inquire before buying
Utility Trucks Market Report Coverage Details Base Year: 2024 Forecast Period: 2025-2032 Historical Data: 2019 to 2024 Market Size in 2024: US $ 57.09 Bn. Forecast Period 2025 to 2032 CAGR: 8.8% Market Size in 2032: US $ 103.03 Bn. Segments Covered: by Product Garbage Fire Dump Sweeper by Engine Type ICE (Diesel, Gasoline, Hybrid, CNG) Electric Utility Trucks Market, By Region
North America (United States, Canada and Mexico) Europe (United Kingdom, France, Germany, Italy, Spain, Sweden, Russia, Rest of Europe) Asia Pacific (China, Japan, South Korea, India, Australia, Malaysia, Thailand, Vietnam, Indonesia, Philippines, Rest of APAC) Middle East and Africa (South Africa, GCC, Nigeria, Egypt, Turkey, Rest of MEA) South America (Brazil, Argentina, Colombia, Chile, Peru, Rest of South AmericaUtility Trucks Market key players are:
North America 1. Ford Motor Company (USA) 2. Paccar Inc. (USA) 3. Navistar International Corporation (USA) 4. Altec Industries Inc. (USA) 5. Knapheide Manufacturing Company (USA) 6. Scelzi Enterprises Inc. (USA) 7. Dakota Bodies Inc. (USA) 8. General Truck Body Manufacturing Company (USA) 9. Maintainer Corporation of Iowa Inc. (USA) 10. Mega Corporation (USA) 11. Duramag LLC (USA) 12. A&H Equipment (USA) 13. JOMAC Ltd (Canada) 14. Ryder System Inc. (USA) 15. Mack Trucks (USA) 16. General Motors (USA) 17. FCA US LLC (USA) 18. International Trucks (USA) Europe 19. Daimler Truck AG (Germany) 20. Volvo Group (Sweden) 21. Plantman Equipment (UK) Asia Pacific 22. Tata Motors Limited (India) 23. Dongfeng Motor Corporation (China) 24. Isuzu Motors Limited (Japan) Middle East & Africa 25. Public Service Truck Renting (UAE) South America 26. Volkswagen Caminhões e Ônibus (Brazil) 27. Agrale (Brazil)Frequently Asked Questions
1. Which region has the largest share in the Global Utility Trucks Market? Ans: The Asia Pacific region held the highest share in 2024. 2. What is the growth rate of the Global Utility Trucks Market? Ans: The Global Utility Trucks Market is growing at a CAGR of 8.8% during the forecasting period 2025-2032. 3. What is the scope of the Global Utility Trucks Market report? Ans: The Global Utility Trucks Market report helps with the PESTEL, Porter's, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in the Global Utility Trucks Market? Ans: The important key players in the Global Utility Trucks Market are – Komatsu, Oshkosh Corporation, Rosenbauer International, Daimler AG, BYD Motors Inc., AB Volvo, AEBI Schmidt Holding AG, Bucher Industries, China FAW Group Co., Ltd., GROUPE KLUBB, REV Group, China National Heavy Duty Truck Group Co., Ltd., Dongfeng Motor Group Co., Ltd., Dulevo S.p.A., Dover Corporation, and Magirus GmbH 5. What is the study period of this Market? Ans: The Global Utility Trucks Market is studied from 2024 to 2032.
1. Utility Trucks Market Introduction 1.1. Study Assumptions and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Utility Trucks Market: Competitive Landscape 2.1. Ecosystem Analysis 2.2. MMR Competition Matrix 2.3. Competitive Landscape 2.4. Key Players Benchmarking 2.4.1. Company Name 2.4.2. Business Segment 2.4.3. End-user Segment 2.4.4. Revenue (2024) 2.4.5. Company Locations 2.5. Market Structure 2.5.1. Market Leaders 2.5.2. Market Followers 2.5.3. Emerging Players 2.6. Mergers and Acquisitions Details 2.7. KANO Model Analysis 3. Global Utility Trucks Market: Dynamics 3.1. Region-wise Trends of Utility Trucks Market 3.1.1. North America Utility Trucks Market Trends 3.1.2. Europe Utility Trucks Market Trends 3.1.3. Asia Pacific Utility Trucks Market Trends 3.1.4. Middle East and Africa Utility Trucks Market Trends 3.1.5. South America Utility Trucks Market Trends 3.2. Utility Trucks Market Dynamics 3.2.1. Global Utility Trucks Market Drivers 3.2.1.1. Infrastructure Development 3.2.1.2. Fleet Modernization 3.2.2. Global Utility Trucks Market Restraints 3.2.3. Global Utility Trucks Market Opportunities 3.2.3.1. Electrification Demand 3.2.3.2. Smart Fleet Solutions 3.2.4. Global Utility Trucks Market Challenges 3.3. PORTER’s Five Forces Analysis 3.4. PESTLE Using Tree-Map Analysis 3.4.1. Emission Norms 3.4.2. Fuel Price Volatility 3.5. Regulatory Landscape by Region 3.5.1. North America 3.5.2. Europe 3.5.3. Asia Pacific 3.5.4. Middle East and Africa 3.5.5. South America 3.6. Key Opinion Leader Analysis For the Global Industry 3.7. Analysis of Government Schemes and Initiatives for Industry 4. Utility Trucks Market: Global Market Size and Forecast by Segmentation (by Value in USD Billion) (2024-2032) 4.1. Utility Trucks Market Size and Forecast, By Product (2024-2032) 4.1.1. Garbage 4.1.2. Fire 4.1.3. Dump 4.1.4. Sweeper 4.2. Utility Trucks Market Size and Forecast, By Engine Type (2024-2032) 4.2.1. ICE (Diesel, Gasoline, Hybrid, CNG) 4.2.2. Electric 4.3. Utility Trucks Market Size and Forecast, By Region (2024-2032) 4.3.1. North America 4.3.2. Europe 4.3.3. Asia Pacific 4.3.4. Middle East and Africa 4.3.5. South America 5. North America Utility Trucks Market Size and Forecast by Segmentation (by Value in USD Billion) (2024-2032) 5.1. North America Utility Trucks Market Size and Forecast, By Product (2024-2032) 5.1.1. Garbage 5.1.2. Fire 5.1.3. Dump 5.1.4. Sweeper 5.2. North America Utility Trucks Market Size and Forecast, By Engine Type (2024-2032) 5.2.1. ICE (Diesel, Gasoline, Hybrid, CNG) 5.2.2. Electric 5.3. North America Utility Trucks Market Size and Forecast, by Country (2024-2032) 5.3.1. United States 5.3.1.1. United States Utility Trucks Market Size and Forecast, By Product (2024-2032) 5.3.1.1.1. Garbage 5.3.1.1.2. Fire 5.3.1.1.3. Dump 5.3.1.1.4. Sweeper 5.3.1.2. United States Utility Trucks Market Size and Forecast, By Engine Type (2024-2032) 5.3.1.2.1. ICE (Diesel, Gasoline, Hybrid, CNG) 5.3.1.2.2. Electric 5.3.2. Canada 5.3.2.1. Canada Utility Trucks Market Size and Forecast, By Product (2024-2032) 5.3.2.1.1. Garbage 5.3.2.1.2. Fire 5.3.2.1.3. Dump 5.3.2.1.4. Sweeper 5.3.2.2. Canada Utility Trucks Market Size and Forecast, By Engine Type (2024-2032) 5.3.2.2.1. ICE (Diesel, Gasoline, Hybrid, CNG) 5.3.2.2.2. Electric 5.3.3. Mexico 5.3.3.1. Mexico Utility Trucks Market Size and Forecast, By Product (2024-2032) 5.3.3.1.1. Garbage 5.3.3.1.2. Fire 5.3.3.1.3. Dump 5.3.3.1.4. Sweeper 5.3.3.2. Mexico Utility Trucks Market Size and Forecast, By Engine Type (2024-2032) 5.3.3.2.1. ICE (Diesel, Gasoline, Hybrid, CNG) 5.3.3.2.2. Electric 6. Europe Utility Trucks Market Size and Forecast by Segmentation (by Value in USD Billion) (2024-2032) 6.1. Europe Utility Trucks Market Size and Forecast, By Product (2024-2032) 6.2. Europe Utility Trucks Market Size and Forecast, By Engine Type (2024-2032) 6.3. Europe Utility Trucks Market Size and Forecast, by Country (2024-2032) 6.3.1. United Kingdom 6.3.1.1. United Kingdom Utility Trucks Market Size and Forecast, By Product (2024-2032) 6.3.1.2. United Kingdom Utility Trucks Market Size and Forecast, By Engine Type (2024-2032) 6.3.2. France 6.3.2.1. France Utility Trucks Market Size and Forecast, By Product (2024-2032) 6.3.2.2. France Utility Trucks Market Size and Forecast, By Engine Type (2024-2032) 6.3.3. Germany 6.3.3.1. Germany Utility Trucks Market Size and Forecast, By Product (2024-2032) 6.3.3.2. Germany Utility Trucks Market Size and Forecast, By Engine Type (2024-2032) 6.3.4. Italy 6.3.4.1. Italy Utility Trucks Market Size and Forecast, By Product (2024-2032) 6.3.4.2. Italy Utility Trucks Market Size and Forecast, By Engine Type (2024-2032) 6.3.5. Spain 6.3.5.1. Spain Utility Trucks Market Size and Forecast, By Product (2024-2032) 6.3.5.2. Spain Utility Trucks Market Size and Forecast, By Engine Type (2024-2032) 6.3.6. Sweden 6.3.6.1. Sweden Utility Trucks Market Size and Forecast, By Product (2024-2032) 6.3.6.2. Sweden Utility Trucks Market Size and Forecast, By Engine Type (2024-2032) 6.3.7. Russia 6.3.7.1. Russia Utility Trucks Market Size and Forecast, By Product (2024-2032) 6.3.7.2. Russia Utility Trucks Market Size and Forecast, By Engine Type (2024-2032) 6.3.8. Rest of Europe 6.3.8.1. Rest of Europe Utility Trucks Market Size and Forecast, By Product (2024-2032) 6.3.8.2. Rest of Europe Utility Trucks Market Size and Forecast, By Engine Type (2024-2032) 7. Asia Pacific Utility Trucks Market Size and Forecast by Segmentation (by Value in USD Billion) (2024-2032) 7.1. Asia Pacific Utility Trucks Market Size and Forecast, By Product (2024-2032) 7.2. Asia Pacific Utility Trucks Market Size and Forecast, By Engine Type (2024-2032) 7.3. Asia Pacific Utility Trucks Market Size and Forecast, by Country (2024-2032) 7.3.1. China 7.3.1.1. China Utility Trucks Market Size and Forecast, By Product (2024-2032) 7.3.1.2. China Utility Trucks Market Size and Forecast, By Engine Type (2024-2032) 7.3.2. S Korea 7.3.2.1. S Korea Utility Trucks Market Size and Forecast, By Product (2024-2032) 7.3.2.2. S Korea Utility Trucks Market Size and Forecast, By Engine Type (2024-2032) 7.3.3. Japan 7.3.3.1. Japan Utility Trucks Market Size and Forecast, By Product (2024-2032) 7.3.3.2. Japan Utility Trucks Market Size and Forecast, By Engine Type (2024-2032) 7.3.4. India 7.3.4.1. India Utility Trucks Market Size and Forecast, By Product (2024-2032) 7.3.4.2. India Utility Trucks Market Size and Forecast, By Engine Type (2024-2032) 7.3.5. Australia 7.3.5.1. Australia Utility Trucks Market Size and Forecast, By Product (2024-2032) 7.3.5.2. Australia Utility Trucks Market Size and Forecast, By Engine Type (2024-2032) 7.3.6. Indonesia 7.3.6.1. Indonesia Utility Trucks Market Size and Forecast, By Product (2024-2032) 7.3.6.2. Indonesia Utility Trucks Market Size and Forecast, By Engine Type (2024-2032) 7.3.7. Malaysia 7.3.7.1. Malaysia Utility Trucks Market Size and Forecast, By Product (2024-2032) 7.3.7.2. Malaysia Utility Trucks Market Size and Forecast, By Engine Type (2024-2032) 7.3.8. Philippines 7.3.8.1. Philippines Utility Trucks Market Size and Forecast, By Product (2024-2032) 7.3.8.2. Philippines Utility Trucks Market Size and Forecast, By Engine Type (2024-2032) 7.3.9. Thailand 7.3.9.1. Thailand Utility Trucks Market Size and Forecast, By Product (2024-2032) 7.3.9.2. Thailand Utility Trucks Market Size and Forecast, By Engine Type (2024-2032) 7.3.10. Vietnam 7.3.10.1. Vietnam Utility Trucks Market Size and Forecast, By Product (2024-2032) 7.3.10.2. Vietnam Utility Trucks Market Size and Forecast, By Engine Type (2024-2032) 7.3.11. Rest of Asia Pacific 7.3.11.1. Rest of Asia Pacific Utility Trucks Market Size and Forecast, By Product (2024-2032) 7.3.11.2. Rest of Asia Pacific Utility Trucks Market Size and Forecast, By Engine Type (2024-2032) 8. Middle East and Africa Utility Trucks Market Size and Forecast (by Value in USD Billion) (2024-2032 8.1. Middle East and Africa Utility Trucks Market Size and Forecast, By Product (2024-2032) 8.2. Middle East and Africa Utility Trucks Market Size and Forecast, By Engine Type (2024-2032) 8.3. Middle East and Africa Utility Trucks Market Size and Forecast, by Country (2024-2032) 8.3.1. South Africa 8.3.1.1. South Africa Utility Trucks Market Size and Forecast, By Product (2024-2032) 8.3.1.2. South Africa Utility Trucks Market Size and Forecast, By Engine Type (2024-2032) 8.3.2. GCC 8.3.2.1. GCC Utility Trucks Market Size and Forecast, By Product (2024-2032) 8.3.2.2. GCC Utility Trucks Market Size and Forecast, By Engine Type (2024-2032) 8.3.3. Egypt 8.3.3.1. Egypt Utility Trucks Market Size and Forecast, By Product (2024-2032) 8.3.3.2. Egypt Utility Trucks Market Size and Forecast, By Engine Type (2024-2032) 8.3.4. Nigeria 8.3.4.1. Nigeria Utility Trucks Market Size and Forecast, By Product (2024-2032) 8.3.4.2. Nigeria Utility Trucks Market Size and Forecast, By Engine Type (2024-2032) 8.3.5. Rest of ME&A 8.3.5.1. Rest of ME&A Utility Trucks Market Size and Forecast, By Product (2024-2032) 8.3.5.2. Rest of ME&A Utility Trucks Market Size and Forecast, By Engine Type (2024-2032) 9. South America Utility Trucks Market Size and Forecast by Segmentation (by Value in USD Billion) (2024-2032 9.1. South America Utility Trucks Market Size and Forecast, By Product (2024-2032) 9.2. South America Utility Trucks Market Size and Forecast, By Engine Type (2024-2032) 9.3. South America Utility Trucks Market Size and Forecast, by Country (2024-2032) 9.3.1. Brazil 9.3.1.1. Brazil Utility Trucks Market Size and Forecast, By Product (2024-2032) 9.3.1.2. Brazil Utility Trucks Market Size and Forecast, By Engine Type (2024-2032) 9.3.2. Argentina 9.3.2.1. Argentina Utility Trucks Market Size and Forecast, By Product (2024-2032) 9.3.2.2. Argentina Utility Trucks Market Size and Forecast, By Engine Type (2024-2032) 9.3.3. Colombia 9.3.3.1. Colombia Utility Trucks Market Size and Forecast, By Product (2024-2032) 9.3.3.2. Colombia Utility Trucks Market Size and Forecast, By Engine Type (2024-2032) 9.3.4. Chile 9.3.4.1. Chile Utility Trucks Market Size and Forecast, By Product (2024-2032) 9.3.4.2. Chile Utility Trucks Market Size and Forecast, By Engine Type (2024-2032) 9.3.5. Rest Of South America 9.3.5.1. Rest Of South America Utility Trucks Market Size and Forecast, By Product (2024-2032) 9.3.5.2. Rest Of South America Utility Trucks Market Size and Forecast, By Engine Type (2024-2032) 10. Company Profile: Key Players 10.1. Ford Motor Company (USA) 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Recent Developments 10.2. Paccar Inc. (USA) 10.3. Navistar International Corporation (USA) 10.4. Altec Industries Inc. (USA) 10.5. Knapheide Manufacturing Company (USA) 10.6. Scelzi Enterprises Inc. (USA) 10.7. Dakota Bodies Inc. (USA) 10.8. General Truck Body Manufacturing Company (USA) 10.9. Maintainer Corporation of Iowa Inc. (USA) 10.10. Mega Corporation (USA) 10.11. Duramag LLC (USA) 10.12. A&H Equipment (USA) 10.13. JOMAC Ltd (Canada) 10.14. Ryder System Inc. (USA) 10.15. Mack Trucks (USA) 10.16. General Motors (USA) 10.17. FCA US LLC (USA) 10.18. International Trucks (USA) 10.19. Daimler Truck AG (Germany) 10.20. Volvo Group (Sweden) 10.21. Plantman Equipment (UK) 10.22. Tata Motors Limited (India) 10.23. Dongfeng Motor Corporation (China) 10.24. Isuzu Motors Limited (Japan) 10.25. Public Service Truck Renting (UAE) 10.26. Volkswagen Caminhões e Ônibus (Brazil) 10.27. Agrale (Brazil) 11. Key Findings 12. Industry Recommendations 13. Utility Trucks Market: Research Methodology
