Market Size of united states vans Industry
| Icons | Lable | Value |
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Study Period | 2016 - 2029 |
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Market Size (2024) | USD 11.40 Billion |
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Market Size (2029) | USD 14.74 Billion |
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Largest Share by Engine Type | ICE |
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CAGR (2024 - 2029) | 5.27 % |
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Fastest Growing by Engine Type | Hybrid and Electric Vehicles |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
US Vans Market Analysis
The United States Vans Market size is estimated at USD 11.40 billion in 2024, and is expected to reach USD 14.74 billion by 2029, growing at a CAGR of 5.27% during the forecast period (2024-2029).
- Largest Segment by Fuel Type - Diesel : Traditional diesel engines cover the most sales of vans due to their reliability in commercial usage. Which makes diesel vans the largest fuel type in light commercial vehicle sales in the US.
- Fastest-growing Segment by Fuel Type - PHEV : With the increase in electric mobility, OEMs are manufacturing battery electric vans in the US market. The government-offered incentives are adding to the growth of pure electric vans in US.
