India Van Market Size & Outlook, 2025-2030
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India van market highlights
- The India van market generated a revenue of USD 7,931.4 million in 2024 and is expected to reach USD 11,970.6 million by 2030.
- The India market is expected to grow at a CAGR of 7% from 2025 to 2030.
- In terms of segment, upto 2 tons was the largest revenue generating tonnage capacity in 2024.
- 2 to 3 Tons is the most lucrative tonnage capacity segment registering the fastest growth during the forecast period.
Van market data book summary
| Market revenue in 2024 | USD 7,931.4 million |
| Market revenue in 2030 | USD 11,970.6 million |
| Growth rate | 7% (CAGR from 2025 to 2030) |
| Largest segment | Upto 2 tons |
| Fastest growing segment | 2 to 3 Tons |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Upto 2 Tons, 2 to 3 Tons, 3 to 5.5 Tons |
Other key industry trends
- In terms of revenue, India accounted for 4.9% of the global van market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China van market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 11,970.6 million by 2030.
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Van Market Scope
Van Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Isuzu Motors | View profile | 251-500 | Anaheim, California, United States, North America | http://www.isuzu.com/ |
| Stellantis NV | View profile | 258275 | Taurusavenue 1, Hoofddorp, NH, Netherlands, 2132 LS | https://www.stellantis.com |
| Renault SA | View profile | 105812 | 13-15, quai Le Gallo, Boulogne, Billancourt, France, 92100 | http://www.renault.com |
| Nissan Motor Co Ltd | View profile | 147116 | 1-1, Takashima 1-chome, Nishi-ku, Yokohama-shi, Kanagawa, Japan, 220-8686 | http://www.nissan-global.com |
| Ford Motor Co | View profile | 177000 | One American Road, Dearborn, MI, United States, 48126 | https://www.ford.com |
| Mercedes-Benz Group AG | View profile | 166056 | Mercedesstrasse 120, Stuttgart, BW, Germany, 70372 | https://www.daimler.com |
| Hyundai Motor Co | View profile | 73502 | 12, Heolleung-ro, Seocho-Gu, Seoul, Korea, Republic of | https://www.hyundai.com |
| Volkswagen AG | View profile | 656134 | Berliner Ring 2, Wolfsburg, NI, Germany, 38440 | https://www.volkswagenag.com |
| Toyota Motor Corp | View profile | 380793 | 1 Toyota-cho, Aichi Prefecture, Toyota, Japan, 471-8571 | https://www.global.toyota |
| Mitsubishi Corp | View profile | 105267 | Mitsubishi Shoji Building 3-1, Marunouchi 2-chome, Chiyoda-ku, Tokyo, Japan, 100-8086 | https://www.mitsubishicorp.com |
India van market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to van market will help companies and investors design strategic landscapes.
Upto 2 tons was the largest segment with a revenue share of 47.92% in 2024. Horizon Databook has segmented the India van market based on upto 2 tons, 2 to 3 tons, 3 to 5.5 tons covering the revenue growth of each sub-segment from 2018 to 2030.
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of India van market databook
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Our clientele includes a mix of van market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India van market , including forecasts for subscribers. This country databook contains high-level insights into India van market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
India Tonnage Capacity - Van Market size, 2024 - 2030 (US$M)
India Van Market Outlook Share, 2024 & 2030 (US$M)
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