Decarbonization targets and freight demand accelerate investment in...

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2026-07-31 03:02:46 -

Decarbonization targets and freight demand accelerate investment in heavy-duty vehicles as fleet modernization gathers pace

The global Heavy Duty Vehicle market, valued at USD 218.46 Billion in 2025 , is expected to reach USD 362.84 Billion by 2035 , reflecting continued investment in commercial freight transport and fleet replacement. Demand is supported by rising freight volumes, expansion of construction and logistics activities, and the replacement of aging vehicle fleets with models that meet stricter emissions...

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