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Medium & Heavy Trucks BRIC (Brazil, Russia, India, China) Industry Guide 2021-2030

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    Report

  • 200 Pages
  • March 2026
  • Region: Brazil, China, India, Russia
  • MarketLine
  • ID: 5130990
The BRIC Medium & Heavy Trucks industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume, and forecast to 2030). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • Brazil, Russian Federation, India and China (BRIC) are the emerging and fast growing countries within the medium & heavy trucks industry and had a total market value of $391.5 billion in 2025. India was the fastest growing country with a CAGR of 10.2% over the 2021-25 period.
  • Within the medium & heavy trucks industry, China is the leading country among the BRIC nations with market revenues of $270.0 billion in 2025. This was followed by India, Brazil and Russia with a value of $66.9, $40.3, and $14.4 billion, respectively.
  • China is expected to lead the medium & heavy trucks industry in the BRIC nations with a value of $302.3 billion in 2030, followed by India, Brazil, Russia with expected values of $88.0, $52.9 and $17.0 billion, respectively.

Report Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the BRIC medium & heavy trucks market
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the BRIC medium & heavy trucks market
  • Leading company profiles reveal details of key medium & heavy trucks market players’ BRIC operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the BRIC medium & heavy trucks market with five year forecasts by both value and volume
  • Compares data from Brazil, Russia, India, and China, alongside individual chapters on each country

Reasons to Buy

  • What was the size of the BRIC medium & heavy trucks market by value in 2025?
  • What will be the size of the BRIC medium & heavy trucks market in 2030?
  • What factors are affecting the strength of competition in the BRIC medium & heavy trucks market?
  • How has the market performed over the last five years?
  • What are the main segments that make up the BRIC medium & heavy trucks market?

Table of Contents

1 Introduction
1.1. What is this report about?
1.2. Who is the target reader?
1.3. How to use this report
1.4. Definitions
2 BRIC Medium & Heavy Trucks
2.1. Industry Outlook
3 Medium & Heavy Trucks in Brazil
3.1. Market Overview
3.2. Market Data
3.3. Market Segmentation
3.4. Market outlook
3.5. Five forces analysis
4 Macroeconomic Indicators
4.1. Country data
5 Medium & Heavy Trucks in China
5.1. Market Overview
5.2. Market Data
5.3. Market Segmentation
5.4. Market outlook
5.5. Five forces analysis
6 Macroeconomic Indicators
6.1. Country data
7 Medium & Heavy Trucks in India
7.1. Market Overview
7.2. Market Data
7.3. Market Segmentation
7.4. Market outlook
7.5. Five forces analysis
8 Macroeconomic Indicators
8.1. Country data
9 Medium & Heavy Trucks in Russia
9.1. Market Overview
9.2. Market Data
9.3. Market Segmentation
9.4. Market outlook
9.5. Five forces analysis
10 Macroeconomic Indicators
10.1. Country data
11 Company Profiles
11.1. Daimler Truck Holding AG
11.2. AB Volvo
11.3. Traton SE
11.4. PACCAR Inc
11.5. Isuzu Motors Ltd
11.6. Hino Motors Ltd
11.7. Tata Motors Ltd
11.8. Beiqi Foton Motor Co Ltd
11.9. Hyundai Motor Co
11.10. Iveco Group NV
11.11. Renault Trucks SAS
11.12. Scania AB
11.13. MAN Truck & Bus SE.
11.14. Mercedes-Benz Group AG
11.15. Mitsubishi Fuso Truck and Bus Corporation
11.16. Volkswagen AG
11.17. Sinotruk (Hong Kong) Ltd
11.18. Dongfeng Motor Group Co Ltd
11.19. China FAW Group Co Ltd
11.20. Mahindra & Mahindra Ltd
11.21. Eicher Motors Ltd
11.22. Hyundai Motor Company Australia Pty Ltd
11.23. Kia Corp
11.24. Ford Otomotiv Sanayi AS
11.25. Tesla Inc
11.26. Kamaz
11.27. GAZ Group
11.28. Sinotruk Jinan Truck Co Ltd
11.29. CNH Industrial NV
11.30. Toyota Motor Corporation Australia Ltd
11.31. DAF Trucks Limited
12 Appendix
12.1. Methodology
12.2. About the Publisher
List of Tables
Table 1: BRIC medium & heavy trucks industry, revenue($bn), 2021-30
Table 2: BRIC medium & heavy trucks industry, revenue($bn), 2021-25
Table 3: BRIC medium & heavy trucks industry, revenue($bn), 2025-30
Table 4: Brazil medium & heavy trucks market value: $ billion, 2020-25
Table 5: Brazil medium & heavy trucks market volume: thousand units, 2020-25
Table 6: Brazil medium & heavy trucks market category segmentation: % share, by volume, 2020-25
Table 7: Brazil medium & heavy trucks market category segmentation: thousand units, 2020-25
Table 8: Brazil medium & heavy trucks market geography segmentation: $ billion, 2025
Table 9: Brazil medium & heavy trucks market value forecast: $ billion, 2025-30
Table 10: Brazil medium & heavy trucks market volume forecast: thousand units, 2025-30
Table 11: Brazil Size of Population (Million), 2021-25
Table 12: Brazil Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 13: Brazil GDP (Current Prices, $ Billion), 2021-25
Table 14: Brazil Inflation, 2021-25
Table 15: Brazil Consumer Price Index (Absolute), 2021-25
Table 16: Brazil Exchange Rate, 2020-25
Table 17: China medium & heavy trucks market value: $ billion, 2020-25
Table 18: China medium & heavy trucks market volume: thousand units, 2020-25
Table 19: China medium & heavy trucks market category segmentation: % share, by volume, 2020-25
Table 20: China medium & heavy trucks market category segmentation: thousand units, 2020-25
Table 21: China medium & heavy trucks market geography segmentation: $ billion, 2025
Table 22: China medium & heavy trucks market value forecast: $ billion, 2025-30
Table 23: China medium & heavy trucks market volume forecast: thousand units, 2025-30
Table 24: China Size of Population (Million), 2021-25
Table 25: China Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 26: China GDP (Current Prices, $ Billion), 2021-25
Table 27: China Inflation, 2021-25
Table 28: China Consumer Price Index (Absolute), 2021-25
Table 29: China Exchange Rate, 2020-25
Table 30: India medium & heavy trucks market value: $ billion, 2020-25
Table 31: India medium & heavy trucks market volume: thousand units, 2020-25
Table 32: India medium & heavy trucks market category segmentation: % share, by volume, 2020-25
Table 33: India medium & heavy trucks market category segmentation: thousand units, 2020-25
Table 34: India medium & heavy trucks market geography segmentation: $ billion, 2025
Table 35: India medium & heavy trucks market value forecast: $ billion, 2025-30
Table 36: India medium & heavy trucks market volume forecast: thousand units, 2025-30
Table 37: India Size of Population (Million), 2021-25
Table 38: India Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 39: India GDP (Current Prices, $ Billion), 2021-25
Table 40: India Inflation, 2021-25
Table 41: India Consumer Price Index (Absolute), 2021-25
Table 42: India Exchange Rate, 2020-25
Table 43: Russia medium & heavy trucks market value: $ billion, 2020-25
Table 44: Russia medium & heavy trucks market volume: thousand units, 2020-25
Table 45: Russia medium & heavy trucks market category segmentation: % share, by volume, 2020-25
Table 46: Russia medium & heavy trucks market category segmentation: thousand units, 2020-25
Table 47: Russia medium & heavy trucks market geography segmentation: $ billion, 2025
Table 48: Russia medium & heavy trucks market value forecast: $ billion, 2025-30
Table 49: Russia medium & heavy trucks market volume forecast: thousand units, 2025-30
Table 50: Russia Size of Population (Million), 2021-25
Table 51: Russia Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 52: Russia GDP (Current Prices, $ Billion), 2021-25
Table 53: Russia Inflation, 2021-25
Table 54: Russia Consumer Price Index (Absolute), 2021-25
Table 55: Russia Exchange Rate, 2020-25
List of Figures
Figure 1: BRIC medium & heavy trucks industry, revenue($bn), 2021-30
Figure 2: BRIC medium & heavy trucks industry, revenue($bn), 2021-25
Figure 3: BRIC medium & heavy trucks industry, revenue($bn), 2025-30
Figure 4: Brazil medium & heavy trucks market value: $ billion, 2020-25
Figure 5: Brazil medium & heavy trucks market volume: thousand units, 2020-25
Figure 6: Brazil medium & heavy trucks market category segmentation: thousand units, 2020-25
Figure 7: Brazil medium & heavy trucks market geography segmentation: % share, by value, 2025
Figure 8: Brazil medium & heavy trucks market value forecast: $ billion, 2025-30
Figure 9: Brazil medium & heavy trucks market volume forecast: thousand units, 2025-30
Figure 10: Forces driving competition in the medium & heavy trucks market in Brazil, 2025
Figure 11: Drivers of buyer power in the medium & heavy trucks market in Brazil, 2025
Figure 12: Drivers of supplier power in the medium & heavy trucks market in Brazil, 2025
Figure 13: Factors influencing the likelihood of new entrants in the medium & heavy trucks market in Brazil, 2025
Figure 14: Factors influencing the threat of substitutes in the medium & heavy trucks market in Brazil, 2025
Figure 15: Drivers of degree of rivalry in the medium & heavy trucks market in Brazil, 2025
Figure 16: China medium & heavy trucks market value: $ billion, 2020-25
Figure 17: China medium & heavy trucks market volume: thousand units, 2020-25
Figure 18: China medium & heavy trucks market category segmentation: thousand units, 2020-25
Figure 19: China medium & heavy trucks market geography segmentation: % share, by value, 2025
Figure 20: China medium & heavy trucks market value forecast: $ billion, 2025-30
Figure 21: China medium & heavy trucks market volume forecast: thousand units, 2025-30
Figure 22: Forces driving competition in the medium & heavy trucks market in China, 2025
Figure 23: Drivers of buyer power in the medium & heavy trucks market in China, 2025
Figure 24: Drivers of supplier power in the medium & heavy trucks market in China, 2025
Figure 25: Factors influencing the likelihood of new entrants in the medium & heavy trucks market in China, 2025
Figure 26: Factors influencing the threat of substitutes in the medium & heavy trucks market in China, 2025
Figure 27: Drivers of degree of rivalry in the medium & heavy trucks market in China, 2025
Figure 28: India medium & heavy trucks market value: $ billion, 2020-25
Figure 29: India medium & heavy trucks market volume: thousand units, 2020-25
Figure 30: India medium & heavy trucks market category segmentation: thousand units, 2020-25
Figure 31: India medium & heavy trucks market geography segmentation: % share, by value, 2025
Figure 32: India medium & heavy trucks market value forecast: $ billion, 2025-30
Figure 33: India medium & heavy trucks market volume forecast: thousand units, 2025-30
Figure 34: Forces driving competition in the medium & heavy trucks market in India, 2025
Figure 35: Drivers of buyer power in the medium & heavy trucks market in India, 2025
Figure 36: Drivers of supplier power in the medium & heavy trucks market in India, 2025
Figure 37: Factors influencing the likelihood of new entrants in the medium & heavy trucks market in India, 2025
Figure 38: Factors influencing the threat of substitutes in the medium & heavy trucks market in India, 2025
Figure 39: Drivers of degree of rivalry in the medium & heavy trucks market in India, 2025
Figure 40: Russia medium & heavy trucks market value: $ billion, 2020-25
Figure 41: Russia medium & heavy trucks market volume: thousand units, 2020-25
Figure 42: Russia medium & heavy trucks market category segmentation: thousand units, 2020-25
Figure 43: Russia medium & heavy trucks market geography segmentation: % share, by value, 2025
Figure 44: Russia medium & heavy trucks market value forecast: $ billion, 2025-30
Figure 45: Russia medium & heavy trucks market volume forecast: thousand units, 2025-30
Figure 46: Forces driving competition in the medium & heavy trucks market in Russia, 2025
Figure 47: Drivers of buyer power in the medium & heavy trucks market in Russia, 2025
Figure 48: Drivers of supplier power in the medium & heavy trucks market in Russia, 2025
Figure 49: Factors influencing the likelihood of new entrants in the medium & heavy trucks market in Russia, 2025
Figure 50: Factors influencing the threat of substitutes in the medium & heavy trucks market in Russia, 2025
Figure 51: Drivers of degree of rivalry in the medium & heavy trucks market in Russia, 2025

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • AB Volvo
  • Beiqi Foton Motor Co Ltd
  • China FAW Group Co Ltd
  • CNH Industrial NV
  • DAF Trucks Limited
  • Daimler Truck Holding AG
  • Dongfeng Motor Group Co Ltd
  • Eicher Motors Ltd
  • Ford Otomotiv Sanayi AS
  • GAZ Group
  • Hino Motors Ltd
  • Hyundai Motor Co
  • Hyundai Motor Company Australia Pty Ltd
  • Isuzu Motors Ltd
  • Iveco Group NV
  • Kamaz
  • Kia Corp
  • Mahindra & Mahindra Ltd
  • MAN Truck & Bus SE.
  • Mercedes-Benz Group AG
  • Mitsubishi Fuso Truck and Bus Corporation
  • PACCAR Inc
  • Renault Trucks SAS
  • Scania AB
  • Sinotruk (Hong Kong) Ltd
  • Sinotruk Jinan Truck Co Ltd
  • Tata Motors Ltd
  • Tesla Inc
  • Toyota Motor Corporation Australia Ltd
  • Traton SE
  • Volkswagen AG