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Pick-Up Truck Market to reach USD 242.55 Bn by 2029 at a growth rate of 3.9 percent over the forecast period

(USGovernment-News.Com, May 06, 2023 ) As per Maximize Market research, the Pick-Up Truck Market was USD 178.60 Bn in 2021 and is expected to grow at a CAGR of 3.9 percent over the forecast period to reach USD 242.55 Bn by 2029.

Pick-Up Truck Market Report Scope and Research Methodology

The report provides a thorough analysis of region-wise and segment-wise analysis of the Pick-Up Truck Market size and share. The data for the report is collected by using both primary and secondary collection techniques for the analysis of the Pick-Up Truck industry.

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Pick-Up Truck Market Dynamics

The Pick-Up Truck Market is driven by the increasing demand for enhanced comfort and multi-purpose utility vehicles, increasing popularity of online retail platforms and increasing need for light-duty transportation solutions in different industries and commercial sectors.

Pick-Up Truck Market Regional Insights

North America dominates the Pick-Up Truck Market over the forecast period and is expected to dominate the largest market share of 3.9 percent by 2029.The regional market is driven by the growing adoption of the Pick-Up Truck and well-established commercial sector and growth of the automotive industry.

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Pick-Up Truck Market Segmentation

By Truck Type



Full Size

By Propulsion Type





By End-User

Medium Commercial Vehicles

Heavy Duty Commercial Vehicles

Light Duty Commercial Vehicles

By Transmission Type



5 Speed AT/MT

10 Speed AT

6 Speed MT

By Cabin Type





Pick-Up Truck Market Key Competitors include:

Ford Motor Company

FAW Group

Fiat Chrysler Automobile

General Motor Company Great Wall Motors

Honda Motor Company, Ltd.

Isuzu Motors Ltd.

Mahindra & Mahindra Ltd.

Mercedes Benz

Foton Motor

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Maximize Market Research is leading Automotive and Transportation research firm, has also published the following reports:

Truck Rack Market- The market size is expected to reach USD 1106 Mn by 2029 at a CAGR of 5 percent during the forecast period.

Utility Trucks Market- The Market size is expected to reach USD 103.03 Bn by 2029 at a CAGR of 8.8 percent during the forecast period.

About Maximize Market Research:

Maximize Market Research provides B2B and B2C research on 6,500 high-growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Défense and other manufacturing sectors.


Dnyaneshwari Yevale

+91 9607365656

Source: EmailWire.Com


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