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The Australia commercial vehicle market size is projected to grow at a CAGR of 4.23% between 2024 and 2032.
Electric vehicles drive the Australia commercial vehicle market growth by emitting zero tailpipe emissions, thus curbing pollution, and enhancing urban air quality.
Electric Vehicles (EVs) provide commercial advantages such as emissions-free operation, cost efficiency, high performance, and government backing. They also offer noise reduction, sustainability, and positive branding, appealing to customers and investors in the evolving transportation market.
Internal combustion engine (ICE) vehicles benefit from an established infrastructure, making them ideal for long-haul transportation. Their lower initial cost is advantageous for some businesses, along with their longer range, quick refuelling times, and versatility. Familiar technology reduces training expenses, while ongoing developments in efficiency and reliability ensure consistent transportation.
In 2021, the local market witnessed 1,049,831 new vehicle sales, with SUVs leading at 49.6%, followed by passenger cars at 24.2%, light commercial vehicles at 22.4%, and heavy commercial vehicles at 6.4%, according to the International Trade Administration.
Australia Commercial Vehicle Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Propulsion Type
Market Breakup by End Use
Market Breakup by Region
The Australia commercial vehicle market key players are Ford Motor Company of Australia Pty Limited, Isuzu Australia Limited, Mitsubishi Motors Australia Limited, General Motors Australia and New Zealand Pty Ltd., Volkswagen Group Australia Pty Ltd., Mercedes-Benz Australia/Pacific Pty Ltd and UD Trucks Corp. among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Propulsion Type |
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Breakup by End Use |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Australia Commercial Vehicle Market Overview
8.1 Key Industry Highlights
8.2 Australia Commercial Vehicle Historical Market (2018-2023)
8.3 Australia Commercial Vehicle Market Forecast (2024-2032)
9 Australia Commercial Vehicle Market by Type
9.1 Light Commercial Vehicle
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Medium and Heavy Commercial Vehicle
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Australia Commercial Vehicle Market by Propulsion Type
10.1 Electric Vehicle
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 IC Engine
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 Australia Commercial Vehicle Market by End Use
11.1 Mining and Construction
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Industrial
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Passenger Transportation
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Logistics
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Others
12 Australia Commercial Vehicle Market by Region
12.1 New South Wales
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Victoria
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Queensland
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Australian Capital Territory
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Western Australia
12.5.1 Historical Trend (2018-2023)
12.5.2 Forecast Trend (2024-2032)
12.6 Others
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicator for Price
13.4 Key Indicator for Demand
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Ford Motor Company of Australia Pty Limited
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Isuzu Australia Limited
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Mitsubishi Motors Australia Limited
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 General Motors Australia and New Zealand Pty Ltd.
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Volkswagen Group Australia Pty Ltd.
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Mercedes-Benz Australia/Pacific Pty Ltd
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 UD Trucks Corp.
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Australia Commercial Vehicle Market: Key Industry Highlights, 2018 and 2032
2. Australia Commercial Vehicle Historical Market: Breakup by Type (USD Million), 2018-2023
3. Australia Commercial Vehicle Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Australia Commercial Vehicle Historical Market: Breakup by Propulsion Type (USD Million), 2018-2023
5. Australia Commercial Vehicle Market Forecast: Breakup by Propulsion Type (USD Million), 2024-2032
6. Australia Commercial Vehicle Historical Market: Breakup by End Use (USD Million), 2018-2023
7. Australia Commercial Vehicle Market Forecast: Breakup by End Use (USD Million), 2024-2032
8. Australia Commercial Vehicle Historical Market: Breakup by Region (USD Million), 2018-2023
9. Australia Commercial Vehicle Market Forecast: Breakup by Region (USD Million), 2024-2032
10. Australia Commercial Vehicle Market Structure
The market is projected to grow at a CAGR of 4.23% between 2024 and 2032.
The commercial vehicle market is categorised according to type, which includes light commercial vehicles and medium and heavy commercial vehicles.
The key players are Ford Motor Company of Australia Pty Limited, Isuzu Australia Limited, Mitsubishi Motors Australia Limited, General Motors Australia and New Zealand Pty Ltd., Volkswagen Group Australia Pty Ltd., Mercedes-Benz Australia/Pacific Pty Ltd and UD Trucks Corp. among others.
Based on the propulsion type, the market is divided into electric vehicle and IC engines.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
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