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Pickup Truck Market Size, Share & Trends Analysis Report By Type, By Application, and Segment Forecasts, 2021-2027
Published Date: April 2022
|
Report Code: QYRE-Auto-1753
Home | Market Reports | Autos & Vehicles| Motor Vehicles (By Type)| Trucks & SUVs
Global Pickup Truck Market Insights Forecast to 2025
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Pickup Truck Market Size, Share & Trends Analysis Report By Type, By Application, and Segment Forecasts, 2021-2027

Code: QYRE-Auto-1753
Report
April 2022
Pages:129
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES
FEATURED COMPANIES
Ford
GM
Toyota
FCA
Isuzu
Nissan
Mitsubishi
Mahindra & Mahindra
Volkswagen AG
Great Wall Motors
Jiangling Motors
ZXAUTO
Tata Motors
Ashok Leyland
Foton Motor

Pickup Truck Market Statistics 2027

The global Pickup Truck market size is projected to reach US$ 214370 million by 2027, from US$ 171950 million in 2020, at a CAGR of 3.2% during 2021-2027. Moreover, the pick-up truck market is expected to witness a sale of 8.85 Million units of pickup trucks by the end of 2025. A combination of style and technical improvements such as advanced driver assistance systems are pushing consumers into trucks, this, in turn, is expected to drive the growth of the pickup truck market. Furthermore, increasing consumer preference for online shopping is, in turn, necessitates the use of pickup trucks to transport these products. Another factor fueling the pickup truck market's growth is rising customer demand for fuel-efficient vehicles for outdoor activities such as boating and camping, as well as a growing preference for pickup trucks over SUVs.

Pickup Truck Market

Trends Influencing The Growth Of The Pickup Truck Market

The adoption of technology advancements to improve driving comfort is likely to accelerate the growth of the pickup truck market. Bluetooth connectivity, all-wheel drive (AWD), automated gearboxes, and DVD players are just a few of the modern pickup truck options. Pick-up truck manufacturers are also concentrating on improving the driving experience by implementing advanced driver assistance systems such as blind-spot alarms and rear cross-traffic warnings, as well as multiple camera angles. This, in turn, is predicted to lead to a greater level of customer acceptance, hence increasing the size of the pick-up truck market.

Due to the expansion of e-commerce and SMEs, there is an increase in product transportation, which is driving up demand for pickup trucks. Furthermore, as pickup trucks offer a superior value proposition and can seat more passengers while still carrying freight, the market for pickup trucks is likely to rise.

Pickup Truck Market Size

Another factor driving the pickup truck market's growth is the rising customer desire for fuel-efficient cars that can be used on and off-road. The pickup truck has wheels that can readily negotiate muddy, wet, and rough terrains, making it suitable for outdoor activities like fishing and hunting. The cab of the vehicle is elevated above the axle, allowing the driver a better perspective, which is useful for both off-road driving and city traffic jams.

Pickup Truck Market Share Analysis

Based on region, North America and Southeast Asia are the most important markets, accounting for more than 70% of the global market. This is attributed to the increased vehicle manufacturing and a higher preference for pickup trucks in the area. Customer preferences for pick-up trucks, as well as an increase in the number of small and medium-sized firms using pick-up trucks to deliver their products, are growing in these regions.

Based on type, Full-Size Pickups are the most common, accounting for around 80% of all pickups.

Based on application, Individual Use is the most popular use, accounting for more than 80% of the market.

Top Companies In The Pickup Truck Market

The pick-up truck is dominated by global players. Ford, GM, Toyota, and other important players in the worldwide Pickup Truck market. Over 60% of the global market share is held by the top three competitors.

  • Ford
  • GM
  • Toyota
  • FCA
  • Isuzu
  • Nissan
  • Mitsubishi
  • Mahindra & Mahindra
  • Volkswagen
  • Great Wall Motors
  • Jiangling Motors
  • ZXAUTO
  • Tata Motors
  • Ashok Leyland
  • Foton Motor

Pickup Truck Market by Type

  • Full-Size Pickups
  • Small/Midsize Pickups
  • Other

Pickup Truck Market by Application

  • Individual Use
  • Commercial Use

Pickup Truck Market Production by Region

  • United States
  • Europe
  • China
  • Japan
  • South Korea
  • India
  • Other Regions

Pickup Truck Market Consumption by Region

  • North America
  • United States
  • Canada
  • Mexico
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Indonesia
  • Malaysia
  • Philippines
  • Thailand
  • Vietnam
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Russia
  • Rest of Europe
  • Central & South America
  • Brazil
  • Rest of South America
  • Middle East & Africa
  • GCC Countries
  • Turkey
  • Egypt
  • South Africa
  • Rest of Middle East & Africa

Scope of the Pickup Truck Market Report

Report Metric

Details

Report Name

Pickup Truck Market

The market size in 2020

USD 171950 Million

The revenue forecast in 2027

USD 214370 Million

Growth Rate

CAGR of 3.2% from 2021 to 2027

Market size available for years

2021-2027

Forecast units

Value (USD)

Segments covered

Type, End-User, Offerings, and Region

Report coverage

Revenue & volume forecast, company share, competitive landscape, growth factors, and trends

Geographic regions covered

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Frequently Asked Questions About This Report

1. How big is the pickup truck market?

Ans. The global Pickup Truck market size is projected to reach US$ 214370 million by 2027, from US$ 171950 million in 2020, at a CAGR of 3.2% during 2021-2027.

2. Which region dominated the global pickup truck market share?

Ans. Based on region, North America and Southeast Asia are the most important markets, accounting for more than 70% of the global market share.

3. Who are the leading players in the pickup truck market?

Ans. The pick-up truck is dominated by global players. Ford, GM, Toyota, and other important players in the worldwide Pickup Truck market. Over 60% of the global market share is held by the top three competitors.

4. What are the key market drivers in the global pickup truck market?

Ans. A combination of style and technical improvements such as advanced driver assistance systems are pushing consumers into trucks, this, in turn, is expected to drive the growth of the pickup truck market.

5. What would be the forecast period in the pickup truck market report?

Ans. The forecast period for the pickup truck market is 2021 to 2027.

6. Which is the most influencing segment growing in the global pickup truck market report?

Ans. Based on type, Full-Size Pickups are the most common, accounting for around 80% of all pickups.

TABLE OF CONTENT

 

FEATURED COMPANIES
Ford
GM
Toyota
FCA
Isuzu
Nissan
Mitsubishi
Mahindra & Mahindra
Volkswagen AG
Great Wall Motors
Jiangling Motors
ZXAUTO
Tata Motors
Ashok Leyland
Foton Motor

LIST OF TABLES & FIGURES

 

Table 1. Global Pickup Truck Market Size by Type (K Units) & (US$ Million) (2021 VS 2027)

Table 2. Global Pickup Truck Consumption (K Units) Comparison by Application: 2016 VS 2021 VS 2027

Table 3. Pickup Truck Market Size Comparison by Region: 2016 VS 2021 VS 2027

Table 4. Global Pickup Truck Production Capacity (K Units) by Manufacturers

Table 5. Global Pickup Truck Production (K Units) by Manufacturers (2016-2021)

Table 6. Global Pickup Truck Production Market Share by Manufacturers (2016-2021)

Table 7. Global Pickup Truck Revenue (US$ Million) by Manufacturers (2016-2021)

Table 8. Global Pickup Truck Revenue Share by Manufacturers (2016-2021)

Table 9. Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Pickup Truck as of 2020)

Table 10. Global Market Pickup Truck Average Price (K USD/Unit) of Key Manufacturers (2016-2021)

Table 11. Manufacturers Pickup Truck Production Sites and Area Served

Table 12. Manufacturers Pickup Truck Product Types

Table 13. Mergers & Acquisitions, Expansion

Table 14. Global Pickup Truck Production (K Units) by Region (2016-2021)

Table 15. Global Pickup Truck Production (K Units) by Region (2016-2021)

Table 16. Global Pickup Truck Revenue (US$ Million) by Region (2016-2021)

Table 17. Global Pickup Truck Revenue Market Share by Region (2016-2021)

Table 18. Global Pickup Truck Production Capacity (K Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (2016-2021)

Table 19. North America Pickup Truck Production (K Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (2016-2021)

Table 20. Europe Pickup Truck Production (K Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (2016-2021)

Table 21. China Pickup Truck Production (K Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (2016-2021)

Table 22. Japan Pickup Truck Production (K Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (2016-2021)

Table 23. South Korea Pickup Truck Production (K Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (2016-2021)

Table 24. India Pickup Truck Production (K Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (2016-2021)

Table 25. Global Pickup Truck Consumption Market by Region (2016-2021) & (K Units)

Table 26. Global Pickup Truck Consumption Market Share by Region (2016-2021)

Table 27. North America Pickup Truck Consumption by Country (2016-2021) & (K Units)

Table 28. Europe Pickup Truck Consumption by Country (2016-2021) & (K Units)

Table 29. Asia Pacific Pickup Truck Consumption by Region (2016-2021) & (K Units)

Table 30. Latin America Pickup Truck Consumption by Countries (2016-2021) & (K Units)

Table 31. Global Pickup Truck Production (K Units) by Type (2016-2021)

Table 32. Global Pickup Truck Production Market Share by Type (2016-2021)

Table 33. Global Pickup Truck Revenue (US$ Million) by Type (2016-2021)

Table 34. Global Pickup Truck Revenue Share by Type (2016-2021)

Table 35. Global Pickup Truck Price (K USD/Unit) by Type (2016-2021)

Table 36. Global Pickup Truck Consumption by Application (2016-2021) & (K Units)

Table 37. Global Pickup Truck Consumption Market Share by Application (2016-2021)

Table 38. Global Pickup Truck Consumption Growth Rate by Application (2016-2021)

Table 39. Ford Pickup Truck Corporation Information

Table 40. Ford Specification and Application

Table 41. Ford Pickup Truck Production (K Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (2016-2021)

Table 42. Ford Main Business and Markets Served

Table 43. Ford Recent Developments/Updates

Table 44. GM Pickup Truck Corporation Information

Table 45. GM Specification and Application

Table 46. GM Pickup Truck Production (K Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (2016-2021)

Table 47. GM Main Business and Markets Served

Table 48. GM Recent Developments/Updates

Table 49. Toyota Pickup Truck Corporation Information

Table 50. Toyota Specification and Application

Table 51. Toyota Pickup Truck Production (K Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (2016-2021)

Table 52. Toyota Main Business and Markets Served

Table 53. Toyota Recent Developments/Updates

Table 54. FCA Pickup Truck Corporation Information

Table 55. FCA Specification and Application

Table 56. FCA Pickup Truck Production (K Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (2016-2021)

Table 57. FCA Main Business and Markets Served

Table 58. FCA Recent Developments/Updates

Table 59. Isuzu Pickup Truck Corporation Information

Table 60. Isuzu Specification and Application

Table 61. Isuzu Pickup Truck Production (K Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (2016-2021)

Table 62. Isuzu Main Business and Markets Served

Table 63. Isuzu Recent Developments/Updates

Table 64. Nissan Pickup Truck Corporation Information

Table 65. Nissan Specification and Application

Table 66. Nissan Pickup Truck Production (K Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (2016-2021)

Table 67. Nissan Main Business and Markets Served

Table 68. Nissan Recent Developments/Updates

Table 69. Mitsubishi Pickup Truck Corporation Information

Table 70. Mitsubishi Specification and Application

Table 71. Mitsubishi Pickup Truck Production (K Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (2016-2021)

Table 72. Mitsubishi Main Business and Markets Served

Table 73. Mitsubishi Recent Developments/Updates

Table 74. Mahindra & Mahindra Pickup Truck Corporation Information

Table 75. Mahindra & Mahindra Specification and Application

Table 76. Mahindra & Mahindra Pickup Truck Production (K Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (2016-2021)

Table 77. Mahindra & Mahindra Main Business and Markets Served

Table 78. Mahindra & Mahindra Recent Developments/Updates

Table 79. Volkswagen Pickup Truck Corporation Information

Table 80. Volkswagen Specification and Application

Table 81. Volkswagen Pickup Truck Production (K Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (2016-2021)

Table 82. Volkswagen Main Business and Markets Served

Table 83. Volkswagen Recent Developments/Updates

Table 84. Great Wall Motors Pickup Truck Corporation Information

Table 85. Great Wall Motors Specification and Application

Table 86. Great Wall Motors Pickup Truck Production (K Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (2016-2021)

Table 87. Great Wall Motors Main Business and Markets Served

Table 88. Great Wall Motors Recent Developments/Updates

Table 89. Jiangling Motors Pickup Truck Corporation Information

Table 90. Jiangling Motors Specification and Application

Table 91. Jiangling Motors Pickup Truck Production (K Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (2016-2021)

Table 92. Jiangling Motors Main Business and Markets Served

Table 93. Jiangling Motors Recent Developments/Updates

Table 94. ZXAUTO Pickup Truck Corporation Information

Table 95. ZXAUTO Specification and Application

Table 96. ZXAUTO Pickup Truck Production (K Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (2016-2021)

Table 97. ZXAUTO Main Business and Markets Served

Table 98. ZXAUTO Recent Developments/Updates

Table 99. Tata Motors Pickup Truck Corporation Information

Table 100. Tata Motors Specification and Application

Table 101. Tata Motors Pickup Truck Production (K Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (2016-2021)

Table 102. Tata Motors Main Business and Markets Served

Table 103. Tata Motors Recent Developments/Updates

Table 104. Ashok Leyland Pickup Truck Corporation Information

Table 105. Ashok Leyland Specification and Application

Table 106. Ashok Leyland Pickup Truck Production (K Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (2016-2021)

Table 107. Ashok Leyland Main Business and Markets Served

Table 108. Great Wall Motors Recent Developments/Updates

Table 109. Ashok Leyland Pickup Truck Corporation Information

Table 110. Foton Motor Specification and Application

Table 111. Foton Motor Pickup Truck Production (K Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (2016-2021)

Table 112. Foton Motor Main Business and Markets Served

Table 113. Foton Motor Recent Developments/Updates

Table 114. Production Base and Market Concentration Rate of Raw Material

Table 115. Key Suppliers of Raw Materials

Table 116. Pickup Truck Distributors List

Table 117. Pickup Truck Customers List

Table 118. Pickup Truck Market Trends

Table 119. Pickup Truck Growth Drivers

Table 120. Pickup Truck Market Challenges

Table 121. Pickup Truck Market Restraints

Table 122. Global Pickup Truck Production (K Units) Forecast by Region (2022-2027)

Table 123. North America Pickup Truck Consumption Forecast by Country (2022-2027) & (K Units)

Table 124. Europe Pickup Truck Consumption Forecast by Country (2022-2027) & (K Units)

Table 125. Asia Pacific Pickup Truck Consumption Forecast by Region (2022-2027) & (K Units)

Table 126. Latin America Pickup Truck Consumption Forecast by Country (2022-2027) & (K Units)

Table 127. Global Pickup Truck Production Forecast by Type (2022-2027) & (K Units)

Table 128. Global Pickup Truck Revenue Forecast by Type (2022-2027) & (US$ Million)

Table 129. Global Pickup Truck Price Forecast by Type (2022-2027) & (K USD/Unit)

Table 130. Global Pickup Truck Consumption (K Units) Forecast by Application (2022-2027)

Table 131. Research Programs/Design for This Report

Table 132. Key Data Information from Secondary Sources

Table 133. Key Data Information from Primary Sources

List of Figures

Figure 1. Product Picture of Pickup Truck

Figure 2. Global Pickup Truck Market Share by Type: 2020 VS 2027

Figure 3. Full-Size Pickups Product Picture

Figure 4. Small/Midsize Pickups Product Picture

Figure 5. Other Product Picture

Figure 6. Global Pickup Truck Market Share by Application: 2020 VS 2027

Figure 7. Individual Use

Figure 8. Commercial Use

Figure 9. Global Pickup Truck Revenue (US$ Million), 2016 VS 2021 VS 2027

Figure 10. Global Pickup Truck Revenue (US$ Million) (2016-2027)

Figure 11. Global Pickup Truck Production Capacity (K Units) & (2016-2027)

Figure 12. Global Pickup Truck Production (K Units) & (2016-2027)

Figure 13. North America Pickup Truck Revenue (US$ Million) and Growth Rate (2016-2027)

Figure 14. Europe Pickup Truck Revenue (US$ Million) and Growth Rate (2016-2027)

Figure 15. China Pickup Truck Revenue (US$ Million) and Growth Rate (2016-2027)

Figure 16. Japan Pickup Truck Revenue (US$ Million) and Growth Rate (2016-2027)

Figure 17. South Korea Pickup Truck Revenue (US$ Million) and Growth Rate (2016-2027)

Figure 18. India Pickup Truck Revenue (US$ Million) and Growth Rate (2016-2027)

Figure 19. Pickup Truck Production Share by Manufacturers in 2020

Figure 20. Global Pickup Truck Revenue Share by Manufacturers in 2020

Figure 21. Pickup Truck Market Share by Company Type (Tier 1, Tier 2 and Tier 3): 2016 VS 2020

Figure 22. Global Market Pickup Truck Average Price (K USD/Unit) of Key Manufacturers in 2020

Figure 23. The Global 5 and 10 Largest Players: Market Share by Pickup Truck Revenue in 2020

Figure 24. Global Pickup Truck Production Market Share by Region (2016-2021)

Figure 25. North America Pickup Truck Production (K Units) Growth Rate (2016-2021)

Figure 26. Europe Pickup Truck Production (K Units) Growth Rate (2016-2021)

Figure 27. China Pickup Truck Production (K Units) Growth Rate (2016-2021)

Figure 28. Japan Pickup Truck Production (K Units) Growth Rate (2016-2021)

Figure 29. South Korea Pickup Truck Production (K Units) Growth Rate (2016-2021)

Figure 30. India Pickup Truck Production (K Units) Growth Rate (2016-2021)

Figure 31. Global Pickup Truck Consumption Market Share by Region (2016-2021)

Figure 32. Global Pickup Truck Consumption Market Share by Region in 2020

Figure 33. North America Pickup Truck Consumption and Growth Rate (2016-2021) & (K Units)

Figure 34. North America Pickup Truck Consumption Market Share by Country in 2020

Figure 35. Canada Pickup Truck Consumption Growth Rate (2016-2021) & (K Units)

Figure 36. U.S. Pickup Truck Consumption Growth Rate (2016-2021) & (K Units)

Figure 37. Europe Pickup Truck Consumption Growth Rate (2016-2021) & (K Units)

Figure 38. Europe Pickup Truck Consumption Market Share by Country in 2020

Figure 39. Germany America Pickup Truck Consumption and Growth Rate (2016-2021) & (K Units)

Figure 40. France Pickup Truck Consumption and Growth Rate (2016-2021) & (K Units)

Figure 41. U.K. Pickup Truck Consumption and Growth Rate (2016-2021) & (K Units)

Figure 42. Italy Pickup Truck Consumption and Growth Rate (2016-2021) & (K Units)

Figure 43. Russia Pickup Truck Consumption and Growth Rate (2016-2021) & (K Units)

Figure 44. Asia Pacific Pickup Truck Consumption and Growth Rate (2016-2021) & (K Units)

Figure 45. Asia Pacific Pickup Truck Consumption Market Share by Regions in 2020

Figure 46. China Pickup Truck Consumption and Growth Rate (2016-2021) & (K Units)

Figure 47. Japan Pickup Truck Consumption and Growth Rate (2016-2021) & (K Units)

Figure 48. South Korea Pickup Truck Consumption and Growth Rate (2016-2021) & (K Units)

Figure 49. Taiwan Pickup Truck Consumption and Growth Rate (2016-2021) & (K Units)

Figure 50. Southeast Asia Pickup Truck Consumption and Growth Rate (2016-2021) & (K Units)

Figure 51. India Pickup Truck Consumption and Growth Rate (2016-2021) & (K Units)

Figure 52. Australia Pickup Truck Consumption and Growth Rate (2016-2021) & (K Units)

Figure 53. Latin America Pickup Truck Consumption and Growth Rate (2016-2021) & (K Units)

Figure 54. Latin America Pickup Truck Consumption Market Share by Country in 2020

Figure 55. Mexico Pickup Truck Consumption and Growth Rate (2016-2021) & (K Units)

Figure 56. Brazil Pickup Truck Consumption and Growth Rate (2016-2021) & (K Units)

Figure 57. Production Market Share of Pickup Truck by Type (2016-2021)

Figure 58. Production Market Share of Pickup Truck by Type in 2020

Figure 59. Revenue Share of Pickup Truck by Type (2016-2021)

Figure 60. Revenue Market Share of Pickup Truck by Type in 2020

Figure 61. Global Pickup Truck Consumption Market Share by Application (2016-2021)

Figure 62. Global Pickup Truck Consumption Market Share by Application in 2020

Figure 63. Global Pickup Truck Consumption Growth Rate by Application (2016-2021)

Figure 64. Key Raw Materials Price Trend

Figure 65. Manufacturing Cost Structure of Pickup Truck

Figure 66. Manufacturing Process Analysis of Pickup Truck

Figure 67. Pickup Truck Industrial Chain Analysis

Figure 68. Channels of Distribution

Figure 69. Distributors Profiles

Figure 70. Global Pickup Truck Production Market Share Forecast by Region (2022-2027)

Figure 71. North America Pickup Truck Production (K Units) Growth Rate Forecast (2022-2027)

Figure 72. Europe Pickup Truck Production (K Units) Growth Rate Forecast (2022-2027)

Figure 73. China Pickup Truck Production (K Units) Growth Rate Forecast (2022-2027)

Figure 74. Japan Pickup Truck Production (K Units) Growth Rate Forecast (2022-2027)

Figure 75. South Korea Pickup Truck Production (K Units) Growth Rate Forecast (2022-2027)

Figure 76. India Pickup Truck Production (K Units) Growth Rate Forecast (2022-2027)

Figure 77. Global Forecasted Demand Analysis of Pickup Truck (2015-2027) & (K Units)

Figure 78. Global Pickup Truck Production Market Share Forecast by Type (2022-2027)

Figure 79. Global Pickup Truck Revenue Market Share Forecast by Type (2022-2027)

Figure 80. Global Pickup Truck Consumption Forecast by Application (2022-2027)

Figure 81. Bottom-up and Top-down Approaches for This Report

Figure 82. Data Triangulation

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