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Truck Market in Vietnam 2025-2029

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    Report

  • 171 Pages
  • August 2025
  • Region: Vietnam
  • TechNavio
  • ID: 5519664
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The truck market in vietnam is forecasted to grow by USD 2.44 billion during 2024-2029, accelerating at a CAGR of 9.5% during the forecast period. The report on the truck market in vietnam provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in industrialization and urbanization of vietnam economy, increasing incorporation of lighter materials in truck manufacturing, and increasing prominence of electric hd trucks.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

The truck market in vietnam is segmented as below:

By Vehicle Category

  • Less than 10 T
  • More than 10 T

By Type

  • Domestic
  • Imported

By Product Type

  • Manual
  • Automatic
This study identifies the emergence of alternative fuel trucks as one of the prime reasons driving the truck market in vietnam growth during the next few years. Also, adoption of autonomous technologies in electric trucks and positive outlook of truck platooning on truck market will lead to sizable demand in the market.

The report on the truck market in vietnam covers the following areas:

  • Truck Market in Vietnam sizing
  • Truck Market in Vietnam forecast
  • Truck Market in Vietnam industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading truck market in vietnam vendors that include AB Volvo, Beijing Automotive Group Co. Ltd., Daimler Truck AG, Ford Motor Co., General Motors Co., Honda Motor Co. Ltd., Hyundai Motor Co., Isuzu Motors Ltd., Kamaz Export, KIA CORP., Mazda Motor Corp., Mitsubishi Corp., Nissan Motor Co. Ltd., Scania AB, Stellantis NV, Tata Motors Ltd., and Toyota Motor Corp. Also, the truck market in vietnam analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market Segmentation by Vehicle Category
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by Product Type
Executive Summary - Chart on Company Market Positioning
2 Market Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on Vietnam - Market size and forecast 2024-2029 ($ million)
Data Table on Vietnam - Market size and forecast 2024-2029 ($ million)
Chart on Vietnam: Year-over-year growth 2024-2029 (%)
Data Table on Vietnam: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Truck Market in Vietnam 2019 - 2023
Historic Market Size - Data Table on Truck Market in Vietnam 2019 - 2023 ($ million)
5.2 Vehicle Category segment analysis 2019 - 2023
Historic Market Size - Vehicle Category Segment 2019 - 2023 ($ million)
5.3 Type segment analysis 2019 - 2023
Historic Market Size - Type Segment 2019 - 2023 ($ million)
5.4 Product Type segment analysis 2019 - 2023
Historic Market Size - Product Type Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
6.1 The impact of artificial intelligence in the truck market in Vietnam
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Vehicle Category
8.1 Market segments
Chart on Vehicle Category - Market share 2024-2029 (%)
Data Table on Vehicle Category - Market share 2024-2029 (%)
8.2 Comparison by Vehicle Category
Chart on Comparison by Vehicle Category
Data Table on Comparison by Vehicle Category
8.3 Less than 10 T - Market size and forecast 2024-2029
Chart on Less than 10 T - Market size and forecast 2024-2029 ($ million)
Data Table on Less than 10 T - Market size and forecast 2024-2029 ($ million)
Chart on Less than 10 T - Year-over-year growth 2024-2029 (%)
Data Table on Less than 10 T - Year-over-year growth 2024-2029 (%)
8.4 More than 10 T - Market size and forecast 2024-2029
Chart on More than 10 T - Market size and forecast 2024-2029 ($ million)
Data Table on More than 10 T - Market size and forecast 2024-2029 ($ million)
Chart on More than 10 T - Year-over-year growth 2024-2029 (%)
Data Table on More than 10 T - Year-over-year growth 2024-2029 (%)
8.5 Market opportunity by Vehicle Category
Market opportunity by Vehicle Category ($ million)
Data Table on Market opportunity by Vehicle Category ($ million)
9 Market Segmentation by Type
9.1 Market segments
Chart on Type - Market share 2024-2029 (%)
Data Table on Type - Market share 2024-2029 (%)
9.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
9.3 Domestic - Market size and forecast 2024-2029
Chart on Domestic - Market size and forecast 2024-2029 ($ million)
Data Table on Domestic - Market size and forecast 2024-2029 ($ million)
Chart on Domestic - Year-over-year growth 2024-2029 (%)
Data Table on Domestic - Year-over-year growth 2024-2029 (%)
9.4 Imported - Market size and forecast 2024-2029
Chart on Imported - Market size and forecast 2024-2029 ($ million)
Data Table on Imported - Market size and forecast 2024-2029 ($ million)
Chart on Imported - Year-over-year growth 2024-2029 (%)
Data Table on Imported - Year-over-year growth 2024-2029 (%)
9.5 Market opportunity by Type
Market opportunity by Type ($ million)
Data Table on Market opportunity by Type ($ million)
10 Market Segmentation by Product Type
10.1 Market segments
Chart on Product Type - Market share 2024-2029 (%)
Data Table on Product Type - Market share 2024-2029 (%)
10.2 Comparison by Product Type
Chart on Comparison by Product Type
Data Table on Comparison by Product Type
10.3 Manual - Market size and forecast 2024-2029
Chart on Manual - Market size and forecast 2024-2029 ($ million)
Data Table on Manual - Market size and forecast 2024-2029 ($ million)
Chart on Manual - Year-over-year growth 2024-2029 (%)
Data Table on Manual - Year-over-year growth 2024-2029 (%)
10.4 Automatic - Market size and forecast 2024-2029
Chart on Automatic - Market size and forecast 2024-2029 ($ million)
Data Table on Automatic - Market size and forecast 2024-2029 ($ million)
Chart on Automatic - Year-over-year growth 2024-2029 (%)
Data Table on Automatic - Year-over-year growth 2024-2029 (%)
10.5 Market opportunity by Product Type
Market opportunity by Product Type ($ million)
Data Table on Market opportunity by Product Type ($ million)
11 Customer Landscape
11.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Drivers, Challenges, and Opportunity/Restraints
12.1 Market drivers
12.2 Market challenges
12.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
12.4 Market opportunities/restraints
13 Competitive Landscape
13.1 Overview
13.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
13.3 Landscape disruption
Overview on factors of disruption
13.4 Industry risks
Impact of key risks on business
14 Competitive Analysis
14.1 Companies profiled
Companies covered
14.2 Company ranking index
Company ranking index
14.3 Market positioning of companies
Matrix on companies position and classification
14.4 AB Volvo
AB Volvo - Overview
AB Volvo - Business segments
AB Volvo - Key news
AB Volvo - Key offerings
AB Volvo - Segment focus
SWOT
14.5 Beijing Automotive Group Co. Ltd.
Beijing Automotive Group Co. Ltd. - Overview
Beijing Automotive Group Co. Ltd. - Product / Service
Beijing Automotive Group Co. Ltd. - Key offerings
SWOT
14.6 Daimler Truck AG
Daimler Truck AG - Overview
Daimler Truck AG - Business segments
Daimler Truck AG - Key news
Daimler Truck AG - Key offerings
Daimler Truck AG - Segment focus
SWOT
14.7 Ford Motor Co.
Ford Motor Co. - Overview
Ford Motor Co. - Business segments
Ford Motor Co. - Key offerings
Ford Motor Co. - Segment focus
SWOT
14.8 General Motors Co.
General Motors Co. - Overview
General Motors Co. - Business segments
General Motors Co. - Key news
General Motors Co. - Key offerings
General Motors Co. - Segment focus
SWOT
14.9 Honda Motor Co. Ltd.
Honda Motor Co. Ltd. - Overview
Honda Motor Co. Ltd. - Business segments
Honda Motor Co. Ltd. - Key offerings
Honda Motor Co. Ltd. - Segment focus
SWOT
14.10 Hyundai Motor Co.
Hyundai Motor Co. - Overview
Hyundai Motor Co. - Business segments
Hyundai Motor Co. - Key news
Hyundai Motor Co. - Key offerings
Hyundai Motor Co. - Segment focus
SWOT
14.11 Isuzu Motors Ltd.
Isuzu Motors Ltd. - Overview
Isuzu Motors Ltd. - Product / Service
Isuzu Motors Ltd. - Key news
Isuzu Motors Ltd. - Key offerings
SWOT
14.12 KIA CORP.
KIA CORP. - Overview
KIA CORP. - Product / Service
KIA CORP. - Key offerings
SWOT
14.13 Mazda Motor Corp.
Mazda Motor Corp. - Overview
Mazda Motor Corp. - Business segments
Mazda Motor Corp. - Key offerings
Mazda Motor Corp. - Segment focus
SWOT
14.14 Mitsubishi Corp.
Mitsubishi Corp. - Overview
Mitsubishi Corp. - Business segments
Mitsubishi Corp. - Key offerings
Mitsubishi Corp. - Segment focus
SWOT
14.15 Nissan Motor Co. Ltd.
Nissan Motor Co. Ltd. - Overview
Nissan Motor Co. Ltd. - Business segments
Nissan Motor Co. Ltd. - Key news
Nissan Motor Co. Ltd. - Key offerings
Nissan Motor Co. Ltd. - Segment focus
SWOT
14.16 Scania AB
Scania AB - Overview
Scania AB - Business segments
Scania AB - Key offerings
Scania AB - Segment focus
SWOT
14.17 Stellantis NV
Stellantis NV - Overview
Stellantis NV - Business segments
Stellantis NV - Key news
Stellantis NV - Key offerings
Stellantis NV - Segment focus
SWOT
14.18 Toyota Motor Corp.
Toyota Motor Corp. - Overview
Toyota Motor Corp. - Business segments
Toyota Motor Corp. - Key news
Toyota Motor Corp. - Key offerings
Toyota Motor Corp. - Segment focus
SWOT
15 Appendix
15.1 Scope of the report
15.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
15.3 Currency conversion rates for US$
Currency conversion rates for US$
15.4 Research methodology
Research methodology
15.5 Data procurement
Information sources
15.6 Data validation
Data validation
15.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
15.8 Data synthesis
Data synthesis
15.9 360 degree market analysis
360 degree market analysis
15.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by Vehicle Category
Exhibits 5: Executive Summary - Chart on Market Segmentation by Type
Exhibits 6: Executive Summary - Chart on Market Segmentation by Product Type
Exhibits 7: Executive Summary - Chart on Company Market Positioning
Exhibits 8: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 9: Overview on criticality of inputs and factors of differentiation
Exhibits 10: Overview on factors of disruption
Exhibits 11: Impact of drivers and challenges in 2024 and 2029
Exhibits 12: Parent Market
Exhibits 13: Data Table on - Parent Market
Exhibits 14: Market characteristics analysis
Exhibits 15: Value chain analysis
Exhibits 16: Offerings of companies included in the market definition
Exhibits 17: Market segments
Exhibits 18: Chart on Vietnam - Market size and forecast 2024-2029 ($ million)
Exhibits 19: Data Table on Vietnam - Market size and forecast 2024-2029 ($ million)
Exhibits 20: Chart on Vietnam: Year-over-year growth 2024-2029 (%)
Exhibits 21: Data Table on Vietnam: Year-over-year growth 2024-2029 (%)
Exhibits 22: Historic Market Size - Data Table on Truck Market in Vietnam 2019 - 2023 ($ million)
Exhibits 23: Historic Market Size - Vehicle Category Segment 2019 - 2023 ($ million)
Exhibits 24: Historic Market Size - Type Segment 2019 - 2023 ($ million)
Exhibits 25: Historic Market Size - Product Type Segment 2019 - 2023 ($ million)
Exhibits 26: Five forces analysis - Comparison between 2024 and 2029
Exhibits 27: Bargaining power of buyers - Impact of key factors 2024 and 2029
Exhibits 28: Bargaining power of suppliers - Impact of key factors in 2024 and 2029
Exhibits 29: Threat of new entrants - Impact of key factors in 2024 and 2029
Exhibits 30: Threat of substitutes - Impact of key factors in 2024 and 2029
Exhibits 31: Threat of rivalry - Impact of key factors in 2024 and 2029
Exhibits 32: Chart on Market condition - Five forces 2024 and 2029
Exhibits 33: Chart on Vehicle Category - Market share 2024-2029 (%)
Exhibits 34: Data Table on Vehicle Category - Market share 2024-2029 (%)
Exhibits 35: Chart on Comparison by Vehicle Category
Exhibits 36: Data Table on Comparison by Vehicle Category
Exhibits 37: Chart on Less than 10 T - Market size and forecast 2024-2029 ($ million)
Exhibits 38: Data Table on Less than 10 T - Market size and forecast 2024-2029 ($ million)
Exhibits 39: Chart on Less than 10 T - Year-over-year growth 2024-2029 (%)
Exhibits 40: Data Table on Less than 10 T - Year-over-year growth 2024-2029 (%)
Exhibits 41: Chart on More than 10 T - Market size and forecast 2024-2029 ($ million)
Exhibits 42: Data Table on More than 10 T - Market size and forecast 2024-2029 ($ million)
Exhibits 43: Chart on More than 10 T - Year-over-year growth 2024-2029 (%)
Exhibits 44: Data Table on More than 10 T - Year-over-year growth 2024-2029 (%)
Exhibits 45: Market opportunity by Vehicle Category ($ million)
Exhibits 46: Data Table on Market opportunity by Vehicle Category ($ million)
Exhibits 47: Chart on Type - Market share 2024-2029 (%)
Exhibits 48: Data Table on Type - Market share 2024-2029 (%)
Exhibits 49: Chart on Comparison by Type
Exhibits 50: Data Table on Comparison by Type
Exhibits 51: Chart on Domestic - Market size and forecast 2024-2029 ($ million)
Exhibits 52: Data Table on Domestic - Market size and forecast 2024-2029 ($ million)
Exhibits 53: Chart on Domestic - Year-over-year growth 2024-2029 (%)
Exhibits 54: Data Table on Domestic - Year-over-year growth 2024-2029 (%)
Exhibits 55: Chart on Imported - Market size and forecast 2024-2029 ($ million)
Exhibits 56: Data Table on Imported - Market size and forecast 2024-2029 ($ million)
Exhibits 57: Chart on Imported - Year-over-year growth 2024-2029 (%)
Exhibits 58: Data Table on Imported - Year-over-year growth 2024-2029 (%)
Exhibits 59: Market opportunity by Type ($ million)
Exhibits 60: Data Table on Market opportunity by Type ($ million)
Exhibits 61: Chart on Product Type - Market share 2024-2029 (%)
Exhibits 62: Data Table on Product Type - Market share 2024-2029 (%)
Exhibits 63: Chart on Comparison by Product Type
Exhibits 64: Data Table on Comparison by Product Type
Exhibits 65: Chart on Manual - Market size and forecast 2024-2029 ($ million)
Exhibits 66: Data Table on Manual - Market size and forecast 2024-2029 ($ million)
Exhibits 67: Chart on Manual - Year-over-year growth 2024-2029 (%)
Exhibits 68: Data Table on Manual - Year-over-year growth 2024-2029 (%)
Exhibits 69: Chart on Automatic - Market size and forecast 2024-2029 ($ million)
Exhibits 70: Data Table on Automatic - Market size and forecast 2024-2029 ($ million)
Exhibits 71: Chart on Automatic - Year-over-year growth 2024-2029 (%)
Exhibits 72: Data Table on Automatic - Year-over-year growth 2024-2029 (%)
Exhibits 73: Market opportunity by Product Type ($ million)
Exhibits 74: Data Table on Market opportunity by Product Type ($ million)
Exhibits 75: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 76: Impact of drivers and challenges in 2024 and 2029
Exhibits 77: Overview on criticality of inputs and factors of differentiation
Exhibits 78: Overview on factors of disruption
Exhibits 79: Impact of key risks on business
Exhibits 80: Companies covered
Exhibits 81: Company ranking index
Exhibits 82: Matrix on companies position and classification
Exhibits 83: AB Volvo - Overview
Exhibits 84: AB Volvo - Business segments
Exhibits 85: AB Volvo - Key news
Exhibits 86: AB Volvo - Key offerings
Exhibits 87: AB Volvo - Segment focus
Exhibits 88: SWOT
Exhibits 89: Beijing Automotive Group Co. Ltd. - Overview
Exhibits 90: Beijing Automotive Group Co. Ltd. - Product / Service
Exhibits 91: Beijing Automotive Group Co. Ltd. - Key offerings
Exhibits 92: SWOT
Exhibits 93: Daimler Truck AG - Overview
Exhibits 94: Daimler Truck AG - Business segments
Exhibits 95: Daimler Truck AG - Key news
Exhibits 96: Daimler Truck AG - Key offerings
Exhibits 97: Daimler Truck AG - Segment focus
Exhibits 98: SWOT
Exhibits 99: Ford Motor Co. - Overview
Exhibits 100: Ford Motor Co. - Business segments
Exhibits 101: Ford Motor Co. - Key offerings
Exhibits 102: Ford Motor Co. - Segment focus
Exhibits 103: SWOT
Exhibits 104: General Motors Co. - Overview
Exhibits 105: General Motors Co. - Business segments
Exhibits 106: General Motors Co. - Key news
Exhibits 107: General Motors Co. - Key offerings
Exhibits 108: General Motors Co. - Segment focus
Exhibits 109: SWOT
Exhibits 110: Honda Motor Co. Ltd. - Overview
Exhibits 111: Honda Motor Co. Ltd. - Business segments
Exhibits 112: Honda Motor Co. Ltd. - Key offerings
Exhibits 113: Honda Motor Co. Ltd. - Segment focus
Exhibits 114: SWOT
Exhibits 115: Hyundai Motor Co. - Overview
Exhibits 116: Hyundai Motor Co. - Business segments
Exhibits 117: Hyundai Motor Co. - Key news
Exhibits 118: Hyundai Motor Co. - Key offerings
Exhibits 119: Hyundai Motor Co. - Segment focus
Exhibits 120: SWOT
Exhibits 121: Isuzu Motors Ltd. - Overview
Exhibits 122: Isuzu Motors Ltd. - Product / Service
Exhibits 123: Isuzu Motors Ltd. - Key news
Exhibits 124: Isuzu Motors Ltd. - Key offerings
Exhibits 125: SWOT
Exhibits 126: KIA CORP. - Overview
Exhibits 127: KIA CORP. - Product / Service
Exhibits 128: KIA CORP. - Key offerings
Exhibits 129: SWOT
Exhibits 130: Mazda Motor Corp. - Overview
Exhibits 131: Mazda Motor Corp. - Business segments
Exhibits 132: Mazda Motor Corp. - Key offerings
Exhibits 133: Mazda Motor Corp. - Segment focus
Exhibits 134: SWOT
Exhibits 135: Mitsubishi Corp. - Overview
Exhibits 136: Mitsubishi Corp. - Business segments
Exhibits 137: Mitsubishi Corp. - Key offerings
Exhibits 138: Mitsubishi Corp. - Segment focus
Exhibits 139: SWOT
Exhibits 140: Nissan Motor Co. Ltd. - Overview
Exhibits 141: Nissan Motor Co. Ltd. - Business segments
Exhibits 142: Nissan Motor Co. Ltd. - Key news
Exhibits 143: Nissan Motor Co. Ltd. - Key offerings
Exhibits 144: Nissan Motor Co. Ltd. - Segment focus
Exhibits 145: SWOT
Exhibits 146: Scania AB - Overview
Exhibits 147: Scania AB - Business segments
Exhibits 148: Scania AB - Key offerings
Exhibits 149: Scania AB - Segment focus
Exhibits 150: SWOT
Exhibits 151: Stellantis NV - Overview
Exhibits 152: Stellantis NV - Business segments
Exhibits 153: Stellantis NV - Key news
Exhibits 154: Stellantis NV - Key offerings
Exhibits 155: Stellantis NV - Segment focus
Exhibits 156: SWOT
Exhibits 157: Toyota Motor Corp. - Overview
Exhibits 158: Toyota Motor Corp. - Business segments
Exhibits 159: Toyota Motor Corp. - Key news
Exhibits 160: Toyota Motor Corp. - Key offerings
Exhibits 161: Toyota Motor Corp. - Segment focus
Exhibits 162: SWOT
Exhibits 163: Inclusions checklist
Exhibits 164: Exclusions checklist
Exhibits 165: Currency conversion rates for US$
Exhibits 166: Research methodology
Exhibits 167: Information sources
Exhibits 168: Data validation
Exhibits 169: Validation techniques employed for market sizing
Exhibits 170: Data synthesis
Exhibits 171: 360 degree market analysis
Exhibits 172: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the truck market in vietnam: AB Volvo, Beijing Automotive Group Co. Ltd., Daimler Truck AG, Ford Motor Co., General Motors Co., Honda Motor Co. Ltd., Hyundai Motor Co., Isuzu Motors Ltd., Kamaz Export, KIA CORP., Mazda Motor Corp., Mitsubishi Corp., Nissan Motor Co. Ltd., Scania AB, Stellantis NV, Tata Motors Ltd., and Toyota Motor Corp..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is emergence of alternative fuel trucks."

According to the report, one of the major drivers for this market is the rise in industrialization and urbanization of vietnam economy.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

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

  • AB Volvo
  • Beijing Automotive Group Co. Ltd.
  • Daimler Truck AG
  • Ford Motor Co.
  • General Motors Co.
  • Honda Motor Co. Ltd.
  • Hyundai Motor Co.
  • Isuzu Motors Ltd.
  • Kamaz Export
  • KIA CORP.
  • Mazda Motor Corp.
  • Mitsubishi Corp.
  • Nissan Motor Co. Ltd.
  • Scania AB
  • Stellantis NV
  • Tata Motors Ltd.
  • Toyota Motor Corp.