The service trucks market size has grown strongly in recent years. It will grow from $38.99 billion in 2025 to $42.37 billion in 2026 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to infrastructure maintenance demand, growth of utility services, reliance on ic-powered fleets, expansion of construction activity, field service operations growth.
The service trucks market size is expected to see strong growth in the next few years. It will grow to $58.42 billion in 2030 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to electrification of service fleets, smart fleet management adoption, urban infrastructure investments, demand for rapid response services, sustainability-driven fleet upgrades. Major trends in the forecast period include growth of mobile on-site repair services, expansion of electric service trucks, integration of telematics and fleet monitoring, demand for custom-built service bodies, rising emergency response applications.
The expanding construction industry is projected to drive the growth of the service trucks market in the future. This sector involves the planning, design, and construction of infrastructure and buildings, including residential, commercial, and industrial projects. The growth of the construction industry is fueled by urbanization, population increases, infrastructure development, government investments, and advancements in building technologies. Service trucks are essential in the construction industry, providing on-site maintenance and repairs, delivering tools and equipment, offering emergency support, and managing routine maintenance for construction vehicles and machinery, thereby ensuring continuous operations and reducing downtime. For instance, in July 2024, the US Census Bureau, a US-based government agency, reported that the value of construction operations rose from $2.01 trillion in May 2023 to $2.14 trillion in May 2024. As a result, the growth of the construction industry is driving the demand for service trucks.
Leading companies in the service trucks market are concentrating on developing innovative products, such as EV Star trucks, to enhance their vehicles' capabilities and efficiency in response to increasing demand for electric and eco-friendly transportation solutions. EV Star trucks are electric service vehicles designed to offer environmentally friendly, zero-emission transportation solutions for commercial use. For example, in April 2024, GreenPower Motor Company Inc., a Canada-based manufacturer of electric buses, launched the GreenPower EV Star Utility Truck, a new utility vehicle designed for business fleets. This truck features a robust electric powertrain that delivers zero emissions, contributing to cleaner urban environments. The EV Star Utility Truck also includes advanced telematics and connectivity features, allowing fleet managers to monitor vehicle performance and optimize routes effectively. Its spacious cargo area is designed for versatile use, accommodating various equipment and goods.
In July 2023, Penske Truck Leasing, a U.S.-based transportation solutions company, acquired Star Truck Rentals Inc. and Kris-Way Truck Leasing Inc. for an undisclosed amount. Through these acquisitions, Penske seeks to expand its service truck fleet, strengthen its rental and leasing portfolio, and enhance service capabilities by integrating the vehicles, locations, and operational expertise of the acquired companies. Star Truck Rentals Inc. and Kris-Way Truck Leasing Inc. are U.S.-based transportation services companies that provide full-service leasing, commercial truck rental, contract maintenance, and additional fleet solutions.
Major companies operating in the service trucks market report include Ford Motor Company, Tata Motors Limited, Paccar Inc., Dongfeng Motor Corporation, Navistar International Corporation, Altec Industries Inc., Knapheide Manufacturing Company, Scelzi Enterprises Inc., Dakota Bodies Inc., General Truck Body Manufacturing Company, Maintainer Corporation of Iowa Inc., ORH Truck Solutions, Isuzu Commercial Vehicles, Mega Corporation, Duramag LLC, A&H Equipment, Public Service Truck Renting, Jacon Technologies, JOMAC LTD, STG Global, AES Equipment Solutions, International Trucks, Plantman Equipment, Ryder System Inc.
Asia-Pacific was the largest region in the service trucks market in 2025. The regions covered in the service trucks market report include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the service trucks market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The service trucks market consists of revenues earned by entities by providing services maintenance and repair services, utility services, lubrication services, and transportation services. The market value includes the value of related goods sold by the service provider or included within the service offering. The service trucks market consists of sales of service body trucks, dump trucks, tow trucks, fire trucks, and ambulance trucks. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 1-3 business days.
The service trucks market size is expected to see strong growth in the next few years. It will grow to $58.42 billion in 2030 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to electrification of service fleets, smart fleet management adoption, urban infrastructure investments, demand for rapid response services, sustainability-driven fleet upgrades. Major trends in the forecast period include growth of mobile on-site repair services, expansion of electric service trucks, integration of telematics and fleet monitoring, demand for custom-built service bodies, rising emergency response applications.
The expanding construction industry is projected to drive the growth of the service trucks market in the future. This sector involves the planning, design, and construction of infrastructure and buildings, including residential, commercial, and industrial projects. The growth of the construction industry is fueled by urbanization, population increases, infrastructure development, government investments, and advancements in building technologies. Service trucks are essential in the construction industry, providing on-site maintenance and repairs, delivering tools and equipment, offering emergency support, and managing routine maintenance for construction vehicles and machinery, thereby ensuring continuous operations and reducing downtime. For instance, in July 2024, the US Census Bureau, a US-based government agency, reported that the value of construction operations rose from $2.01 trillion in May 2023 to $2.14 trillion in May 2024. As a result, the growth of the construction industry is driving the demand for service trucks.
Leading companies in the service trucks market are concentrating on developing innovative products, such as EV Star trucks, to enhance their vehicles' capabilities and efficiency in response to increasing demand for electric and eco-friendly transportation solutions. EV Star trucks are electric service vehicles designed to offer environmentally friendly, zero-emission transportation solutions for commercial use. For example, in April 2024, GreenPower Motor Company Inc., a Canada-based manufacturer of electric buses, launched the GreenPower EV Star Utility Truck, a new utility vehicle designed for business fleets. This truck features a robust electric powertrain that delivers zero emissions, contributing to cleaner urban environments. The EV Star Utility Truck also includes advanced telematics and connectivity features, allowing fleet managers to monitor vehicle performance and optimize routes effectively. Its spacious cargo area is designed for versatile use, accommodating various equipment and goods.
In July 2023, Penske Truck Leasing, a U.S.-based transportation solutions company, acquired Star Truck Rentals Inc. and Kris-Way Truck Leasing Inc. for an undisclosed amount. Through these acquisitions, Penske seeks to expand its service truck fleet, strengthen its rental and leasing portfolio, and enhance service capabilities by integrating the vehicles, locations, and operational expertise of the acquired companies. Star Truck Rentals Inc. and Kris-Way Truck Leasing Inc. are U.S.-based transportation services companies that provide full-service leasing, commercial truck rental, contract maintenance, and additional fleet solutions.
Major companies operating in the service trucks market report include Ford Motor Company, Tata Motors Limited, Paccar Inc., Dongfeng Motor Corporation, Navistar International Corporation, Altec Industries Inc., Knapheide Manufacturing Company, Scelzi Enterprises Inc., Dakota Bodies Inc., General Truck Body Manufacturing Company, Maintainer Corporation of Iowa Inc., ORH Truck Solutions, Isuzu Commercial Vehicles, Mega Corporation, Duramag LLC, A&H Equipment, Public Service Truck Renting, Jacon Technologies, JOMAC LTD, STG Global, AES Equipment Solutions, International Trucks, Plantman Equipment, Ryder System Inc.
Asia-Pacific was the largest region in the service trucks market in 2025. The regions covered in the service trucks market report include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the service trucks market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The service trucks market consists of revenues earned by entities by providing services maintenance and repair services, utility services, lubrication services, and transportation services. The market value includes the value of related goods sold by the service provider or included within the service offering. The service trucks market consists of sales of service body trucks, dump trucks, tow trucks, fire trucks, and ambulance trucks. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 1-3 business days.
Table of Contents
1. Executive Summary
2. Service Trucks Market Characteristics
3. Service Trucks Market Supply Chain Analysis
4. Global Service Trucks Market Trends and Strategies
5. Service Trucks Market Analysis of End Use Industries
7. Global Service Trucks Strategic Analysis Framework, Current Market Size, Market Comparisons and Growth Rate Analysis
8. Global Service Trucks Total Addressable Market (TAM) Analysis for the Market
9. Service Trucks Market Segmentation
10. Service Trucks Market Regional and Country Analysis
11. Asia-Pacific Service Trucks Market
12. China Service Trucks Market
13. India Service Trucks Market
14. Japan Service Trucks Market
15. Australia Service Trucks Market
16. Indonesia Service Trucks Market
17. South Korea Service Trucks Market
18. Taiwan Service Trucks Market
19. South East Asia Service Trucks Market
20. Western Europe Service Trucks Market
21. UK Service Trucks Market
22. Germany Service Trucks Market
23. France Service Trucks Market
24. Italy Service Trucks Market
25. Spain Service Trucks Market
26. Eastern Europe Service Trucks Market
27. Russia Service Trucks Market
28. North America Service Trucks Market
29. USA Service Trucks Market
30. Canada Service Trucks Market
31. South America Service Trucks Market
32. Brazil Service Trucks Market
33. Middle East Service Trucks Market
34. Africa Service Trucks Market
36. Service Trucks Market Competitive Landscape and Company Profiles
37. Service Trucks Market Other Major and Innovative Companies
40. Service Trucks Market High Potential Countries, Segments and Strategies
41. Appendix
Executive Summary
Service Trucks Market Global Report 2026 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses service trucks market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase::
- Gain a truly global perspective with the most comprehensive report available on this market covering 16 geographies.
- Assess the impact of key macro factors such as geopolitical conflicts, trade policies and tariffs, inflation and interest rate fluctuations, and evolving regulatory landscapes.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on end user analysis.
- Benchmark performance against key competitors based on market share, innovation, and brand strength.
- Evaluate the total addressable market (TAM) and market attractiveness scoring to measure market potential.
- Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for service trucks? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The service trucks market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
- The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
- The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
- The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
- The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
- The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
- Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.
Report Scope
Markets Covered:
1) By Product: Utility Trucks; Mechanic Trucks; Mobile Service Trucks; Fuel and Lube Trucks; Crane Trucks; Other Products;2) By Fuel: Internal Combustion Engine (ICE); Electric
3) By End User Industry: Construction; Government and Public Utilities; Mining; Agriculture; Transportation and Logistics; Emergency Services; Other End User Industries
Subsegments:
1) By Utility Trucks: Bucket Trucks; Line Maintenance Trucks; Tow Trucks; Service and Repair Trucks2) By Mechanic Trucks: on-Site Repair Trucks; Maintenance Trucks; Tool Trucks; Welding Service Trucks
3) By Mobile Service Trucks: Emergency Response Service Trucks; Mobile Tire Service Trucks; Mobile Battery Service Trucks; Mobile Detailing Trucks
4) By Fuel and Lube Trucks: Fuel Delivery Trucks; Lube Service Trucks; Oil Change Trucks; Multi-Service Fuel and Lube Trucks
5) By Crane Trucks: Telescopic Crane Trucks; Knuckle Boom Crane Trucks; Articulated Crane Trucks; Loader Crane Trucks
6) By Other Products: Refrigerated Service Trucks; Custom Service Trucks; Flatbed Trucks; Cargo Vans
Companies Mentioned: Ford Motor Company; Tata Motors Limited; Paccar Inc.; Dongfeng Motor Corporation; Navistar International Corporation; Altec Industries Inc.; Knapheide Manufacturing Company; Scelzi Enterprises Inc.; Dakota Bodies Inc.; General Truck Body Manufacturing Company; Maintainer Corporation of Iowa Inc.; ORH Truck Solutions; Isuzu Commercial Vehicles; Mega Corporation; Duramag LLC; a&H Equipment; Public Service Truck Renting; Jacon Technologies; JOMAC LTD; STG Global; AES Equipment Solutions; International Trucks; Plantman Equipment; Ryder System Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: Word, PDF or Interactive Report + Excel Dashboard
Added Benefits:
- Bi-Annual Data Update
- Customisation
- Expert Consultant Support
Companies Mentioned
The companies featured in this Service Trucks market report include:- Ford Motor Company
- Tata Motors Limited
- Paccar Inc.
- Dongfeng Motor Corporation
- Navistar International Corporation
- Altec Industries Inc.
- Knapheide Manufacturing Company
- Scelzi Enterprises Inc.
- Dakota Bodies Inc.
- General Truck Body Manufacturing Company
- Maintainer Corporation of Iowa Inc.
- ORH Truck Solutions
- Isuzu Commercial Vehicles
- Mega Corporation
- Duramag LLC
- A&H Equipment
- Public Service Truck Renting
- Jacon Technologies
- JOMAC LTD
- STG Global
- AES Equipment Solutions
- International Trucks
- Plantman Equipment
- Ryder System Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 250 |
| Published | January 2026 |
| Forecast Period | 2026 - 2030 |
| Estimated Market Value ( USD | $ 42.37 Billion |
| Forecasted Market Value ( USD | $ 58.42 Billion |
| Compound Annual Growth Rate | 8.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 25 |
