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Report Overview

The Australia commercial vehicle market size is projected to grow at a CAGR of 4.23% between 2026 and 2035.

2025

Base Year

2019-2025

Historical Period

2026-2035

Forecast Period

  • The Australian Bureau of Statistics reports that the average household in 2022 owns 1.8 motor vehicles.

  • A growing proportion of electric commercial vehicles are being registered in Australia.

  • In 2022, Australia's automotive sector supplied more than a million new vehicles, with SUVs and light commercials constituting 76.8% of sales.

Compound Annual Growth Rate

4.23%

2026-2035


*this image is indicative*

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.

Market Segmentation

"Australia Commercial Vehicle Market Report and Forecast 2026-2035" offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

  • Light Commercial Vehicle 
  • Medium and Heavy Commercial Vehicle 

Market Breakup by Propulsion Type

  • Electric Vehicle
  • IC Engine 

Market Breakup by End Use

  • Mining and Construction 
  • Industrial 
  • Passenger Transportation
  • Logistics 
  • Others

Market Breakup by Region

  • New South Wales
  • Victoria
  • Queensland
  • Australian Capital Territory 
  • Western Australia
  • Others

Competitive Landscape

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
  • UD Trucks Corp.
  • Others

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is projected to grow at a CAGR of 4.23% between 2026 and 2035.

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.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2025
Historical Period 2019-2025
Forecast Period 2026-2035
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Propulsion Type
  • End Use
  • Region
Breakup by Type
  • Light Commercial Vehicle 
  • Medium and Heavy Commercial Vehicle
Breakup by Propulsion Type
  • Electric Vehicle
  • IC Engine
Breakup by End Use
  • Mining and Construction 
  • Industrial 
  • Passenger Transportation
  • Logistics 
  • Others
Breakup by Region
  • New South Wales
  • Victoria
  • Queensland
  • Australian Capital Territory
  • Western Australia
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • 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
  • UD Trucks Corp.
  • Others

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