2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What Factors Are Propelling the Market Growth of theService Trucks Market from 2025 to 2034?

The growing construction industry is expected to propel the service trucks market. Urbanization, population growth, and infrastructure development are fueling the demand for construction services. Service trucks are essential for providing on-site maintenance, delivering tools, and managing routine vehicle repairs in the construction sector. According to the U.S. Census Bureau, the value of construction operations in the U.S. rose from $2.01 trillion in May 2023 to $2.14 trillion in May 2024, contributing to the growth of the service trucks market.

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How Has the Service Trucks Market Evolved in Recent Years, and What are the Growth Projections for the Forecast Period?

The service trucks market size is expected to grow from $35.83 billion in 2024 to $38.99 billion in 2025, with a CAGR of 8.8%. The growth is attributed to expanded construction activities, growth in the mining and agriculture sectors, rising demand for field service operations, urbanization, and the increasing prevalence of emergency roadside assistance services.

The service trucks market is expected to grow to $53.95 billion by 2029 at a CAGR of 8.5%. Growth is driven by on-site maintenance demand, construction equipment need, logistics and supply chain growth, insurance cost rise, and trade policy changes. Trends include technological advancements, autonomous technologies, augmented reality integration, digital platform adoption, and AI integration.

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How Are Market Trends and Innovations Revolutionizing theService Trucks Industry in Recent Times?

Companies in the service trucks market are introducing electric vehicles (EVs) like the EV Star trucks to meet the demand for eco-friendly transportation solutions. These electric trucks are designed for commercial applications, providing zero-emission service vehicles. For example, in April 2024, GreenPower Motor Company Inc., a Canada-based manufacturer, launched the EV Star Utility Truck. This electric truck features advanced telematics and connectivity for fleet management, a spacious cargo area for various equipment, and zero emissions, contributing to cleaner urban environments.

Which Key Market Players Are Shaping the Future and Growth of theService Trucks Market?

Major companies operating in the service trucks market are 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.

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What Are the Core Segments of the Service Trucks Market, and How Do They Contribute to Growth?

The service trucksmarket covered in this report is segmented –

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 Trucks

2) 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

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What Regions Are Dominating the Service Trucks Market Growth?

Asia-Pacific was the largest region in the service trucks market in 2024. The regions covered in the service trucks market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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