The global pickup trucks market size reached a value of approximately USD 187.61 Billion in 2025. The market is further projected to grow at a CAGR of 3.60% between 2026 and 2035, reaching a value of USD 267.21 Billion by 2035.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
3.6%
Value in USD Billion
2026-2035
*this image is indicative*
Pickup truck is a non-passenger light-duty vehicle that has an enclosed compartment with an open body at the back that is used for carrying goods from one location to another. They are designed to ensure easy loading and unloading of the cargo.
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The EMR’s report titled “Pickup Trucks Market Report and Forecast 2026-2035" offers a detailed analysis of the market based on the following segments:
Market Breakup by Fuel Type
Market Breakup by Truck Type
Market Breakup by Technology
Market Breakup by Application
Market Breakup by Region
The diesel segment accounted for a large market share due to the rising demand for diesel trucks owing to their ability to produce high torque value. The production of more torque makes it easier to pull or handle large amounts of weight, thereby increasing the efficiency of the vehicle. The high compression ratio helps the diesel to self-ignite without spark plugs, which in turn, is propelling its usage for commercial purposes. Moreover, the temperature consistency maintained by diesel promotes superior fuel economy.
North America accounted for a large portion of the pickup trucks market share and is expected to grow rapidly over the forecast period. The presence of leading manufacturers such as Ford Motor Company and General Motors, among others, is supporting the growth of the market in North America. Developed economy, presence of laws related to truck regulations, and high disposable incomes of individuals in the United States are further boosting the utilisation of pickup trucks in the region.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global pickup trucks market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Ford Motor Company was founded in 1903 and is headquartered in Michigan, United States. The company sells commercial vehicles, automobiles, and luxury cars to consumers around the globe.
General Motors is a multinational automotive manufacturing company that was founded in 1908. The company is headquartered in Michigan, United States and is known for providing automotive components, and automobiles and trucks, among others.
Toyota Motor Corporation was established in 1937 and has its headquarters located in Aichi, Japan. The company manufactures vehicles such as trucks, SUVs, minivans, cars, and hybrids.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other players in the pickup trucks market include FCA US, LLC, Nissan Motor Co. Ltd, Honda Motor Co., Ltd, Renault Group, Mahindra & Mahindra Ltd., Isuzu Motors Ltd., and Mitsubishi Motors Corporation, among others.
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The market reached a value of approximately USD 187.61 Billion in 2025.
The market is projected to grow at a CAGR of 3.60% between 2026 and 2035.
The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach about USD 267.21 Billion by 2035.
The major drivers of the market include rising popularity of online shopping, electrification of vehicles, and the ability of pickup trucks to tackle any terrain.
The key trends of the market include rise in freight business, growing popularity of outdoor activities, and technological advancements.
The significant fuel types available in the market include diesel, petrol, and electric, among others.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The key players in the market are Ford Motor Company, General Motors, Toyota Motor Corporation, FCA US, LLC, Nissan Motor Co. Ltd, Honda Motor Co., Ltd, Renault Group, Mahindra & Mahindra Ltd., Isuzu Motors Ltd., and Mitsubishi Motors Corporation, among others.
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.
| 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:
|
| Breakup by Fuel Type |
|
| Breakup by Truck Type |
|
| Breakup by Technology |
|
| Breakup by Application |
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| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
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| Companies Covered |
|
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