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Market share of Class 8 truck manufacturers in the U.S. 2020

The U.S. Class 8 market is dominated by Freightliner. The truck brand recorded year-to-date growth of about 0.7 percent and held a market share of around 37.4 percent in December 2020. This means that almost one in four Class 8 trucks in the United States is a Freightliner-badged vehicle. Daimler is Freightliner’s parent company and sells trucks under its Freightliner and Western Star brands.

 Truck demand indicative of economic trend

Class 8 heavy-duty truck sales declined by more than 30 percent in 2020 after witnessing record sales in 2019. In total, customers in the United States bought over 190,000 heavy-duty trucks in 2020. The industry closed the year on a positive note and also recorded a growth in order intake towards the end of the year. Class 8 truck sales could reach 240,000 units in 2021, as trucking companies might feel the need to expand their capacities in the wake of the coronavirus pandemic.

 Heavyweights in the market 

Class 8 trucks fall into the heavy-duty segment of the U.S. truck market. They are categorized by the U.S. Federal Highway Administration as vehicles with a gross vehicle weight rating in excess of 33,000 pounds. Many truck manufacturers also build trucks in smaller segments such as Classes 4-7.

Class 8 truck manufacturers' market share in the U.S. as of December 2020

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Sources

Release date

2021

Region

United States

Survey time period

as of December 2020

Supplementary notes

Year-to-date figures

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