In 2016, approximately 3.5 million heavy trucks and 22.5 million commercial vehicles were produced throughout the world. Asia-Oceania is the leading region for heavy truck production with about 2.77 million units produced in the Asia-Oceania region in 2016.
The U.S. commercial vehicle production industry has seen steady incremental increases since dramatic losses in production during the 2008-2009 financial crisis. Since 2010, the production of commercial vehicles in the United States has jumped from around five million units to 8.3 million units in 2016. Daimler's Freightliner currently holds around 37 percent of the U.S. Class 8 truck market.