Market directory
Market Pickup Trucks
Location United States

Pickup Trucks

United States

(Core country: data based on in-depth analysis)

Highlights
Market definition
in-scope / out-of-scope
Reports
  • Revenue in the Pickup trucks market segment amounts to US$89,036m in 2019.
  • From an international perspective it is shown that most revenue is generated in United States (US$89,036m in 2019).
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The pickup trucks market segment includes mini, mid-size, full-size and heavy-duty pickup trucks which have an enclosed cabin in the front and an open cargo area in the back. Sales of pickups of all uses (e.g. campers, police livery, etc.) are included.

  • European Car Segment: -
  • U.S. Car Segment: Pickup trucks
  • Chinese Car Segment: -
  • Also known as: Pick-ups

Background:
Pickup trucks are a rare sight in Europe or China, but in the United States, they have a long history and an important place in the Passenger Cars Market. They were originally developed as modifications to the Ford Model T and the Ford Model TT by third-party manufacturers, but shortly after, companies like Dodge and Chevrolet followed. The production in the U.S. boomed after the introduction of the so-called “chicken tax” in 1963 banning the import of foreign pickups into the domestic market. Nevertheless, the real game changer was the introduction of the Corporate Average Fuel Economy policy in 1973. While many models from other classes of large passenger vehicles suffered from strict regulations concerning fuel economy, pickup trucks were subject to less stern emission standards. This led to pickups becoming a new favorite performance vehicle class for Americans, only to be challenged relatively recently by the rise of SUVs.

Example Models: Chevrolet Silverado, Ford F-Series, Honda Ridgeline, Nissan Frontier, Toyota Tacoma, GMC Sierra, RAM pickup.

in-scope
  • Mini pickup and mid-size pickup trucks
  • Full-size pickup trucks
  • Heavy duty pickup trucks
out-of-scope
  • Other vehicles
Revenue (2019)
+3.3% yoy
US$89,036m
Volume (2019)
+2.6% yoy
2,892.8 t cars

Revenue

in the Pickup Trucks market in million US$

Reading Support Revenue in the Pickup trucks market segment amounts to US$89,036m in 2019.

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Revenue:

The “Revenue” box shows the forecasted revenue development of the selected market (market segment, region).

A definition and detailed explanation of the displayed markets can be found here.
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Volume

in the Pickup Trucks market in thousand cars

Reading Support In the market for Pickup Trucks, volume is expected to amount to 3,211.5 t cars by 2022.

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Volume:

The “Volume” box shows the apparent consumption of the selected product (market segment, region) in thousands for each year.

A definition and detailed explanation of the displayed markets can be found here.
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Price per unit

in the Pickup Trucks market in US$

Reading Support The average price per unit in the market for Pickup Trucks amounts to US$30,778 in 2019.

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Price per Unit:

The "Price per Unit" box shows the volume weighted average price per car in the selected market (market segment, region, make) for each year.

A definition and detailed explanation of the displayed markets can be found here.
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Global Comparison - Revenue

in the Pickup Trucks market in million US$

Reading Support With a market volume of US$89,036m in 2019, most revenue is generated in United States.

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Top 5
United States
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Global Comparison – Revenue:

The “Revenue” tab shows a comparison of revenues for the leading economies in the selected market (market segment, region) and year.

A definition and detailed explanation of the displayed markets can be found here.
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Key Market Indicators

The following Key Market Indicators give an overview of the demographic, economic and technological development of the selected region on the basis of general KPIs. The calculation of Statista’s Market Outlook is based on a complex market-driver logic including over 400 region-specific data sets.

201420152016201720182019202020212022 CAGR
(2014-2022)
Population in m
Number of individuals (all ages) living in the selected region, the data reflect the United Nations' medium variant of World Population Prospects | Source: UN
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0-14 years in m
Number of individuals (age 0-14) living in the selected region, the data reflect the United Nations' medium variant of World Population Prospects | Source: UN
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15-24 years in m
Number of individuals (age 15-24) living in the selected region, the data reflect the United Nations' medium variant of World Population Prospects | Source: UN
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25-34 years in m
Number of individuals (age 25-34) living in the selected region, the data reflect the United Nations' medium variant of World Population Prospects | Source: UN
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35-44 years in m
Number of individuals (age 35-44) living in the selected region, the data reflect the United Nations' medium variant of World Population Prospects | Source: UN
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45-54 years in m
Number of individuals (age 45-54) living in the selected region, the data reflect the United Nations' medium variant of World Population Prospects | Source: UN
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55+ years in m
Number of individuals (age 55 and older) living in the selected region, the data reflect the United Nations' medium variant of World Population Prospects | Source: UN
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Mobility
Click arrow to expand
Cars per 1,000 capita
Number of passenger cars in the selected region in relation to the total population. | Source: OICA, Statista
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Passenger km (car) in k pkm
Average distance travelled by car per-capita in the selected region | Source: OECD, Statista
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Passenger km (road) in pkm
Total movement of passengers on roads using inland transport on a given network. Data are expressed in passenger-kilometres per-capita, which represents the transport of each one passenger on a distance of one kilometre. | Source: OECD, Statista
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Passenger km (rail) in pkm
Total movement of passengers by rail using inland transport on a given network, data are expressed in passenger-kilometres per capita, which represents the transport of each one passenger on a distance of one kilometre | Source: OECD, Statista
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Rail lines in km
Rail lines are the length of railway route available for train service, irrespective of the number of parallel tracks. | Source: World Bank, Statista
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Air passengers in m
Number of passengers carried by air transport | Source: World Bank, Statista
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Pump price for gasoline / liter in US$
Fuel prices refer to the pump prices of the most widely sold grade of gasoline. Prices have been converted from the local currency using a constant exchange rate. | Source: GIZ, World Bank, IMF, Statista
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Pump price for diesel fuel / liter in US$
Fuel prices refer to the pump prices of the most widely sold grade of diesel. Prices have been converted from the local currency using a constant exchange rate. | Source: GIZ, World Bank, IMF, Statista
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Households in m
Total number of households in the selected region. | Source: Statista
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Urban population share in %
Share of population in the selected region living in urban areas | Source: World Bank, Statista
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GDP (current) in US$
Gross domestic product (in current prices, constant exchange rate) of the selected region per capita | Source: IMF
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Source: Statista, April 2019
Source: Statista, April 2019, based on IMF, World Bank, UN and Eurostat

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