Global Parcel Delivery Vehicle Market Growth 2025-2031

The global Parcel Delivery Vehicle market size is predicted to grow from US$ 127480 million in 2025 to US$ 214090 million in 2031; it is expected to grow at a CAGR of 9.0% from 2025 to 2031.

A Parcel Delivery Vehicle (PDV) refers to a vehicle designed and used for the transportation of parcels or packages from one location to another. These vehicles are a crucial component of the logistics and transportation industry, facilitating the movement of goods from distribution centers to various destinations, including homes and businesses.

There is a growing emphasis on sustainability and reducing the environmental impact of transportation. Electric delivery vehicles or those powered by alternative fuels are gaining popularity. Companies are investing in electric vehicle (EV) technology to decrease emissions and operational costs.

LP Information, Inc. (LPI) ' newest research report, the “Parcel Delivery Vehicle Industry Forecast” looks at past sales and reviews total world Parcel Delivery Vehicle sales in 2024, providing a comprehensive analysis by region and market sector of projected Parcel Delivery Vehicle sales for 2025 through 2031. With Parcel Delivery Vehicle sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Parcel Delivery Vehicle industry.

This Insight Report provides a comprehensive analysis of the global Parcel Delivery Vehicle landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Parcel Delivery Vehicle portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Parcel Delivery Vehicle market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Parcel Delivery Vehicle and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Parcel Delivery Vehicle.

This report presents a comprehensive overview, market shares, and growth opportunities of Parcel Delivery Vehicle market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Light Duty Vehicle
Medium Duty Vehicle
Heavy Duty Vehicle

Segmentation by Application:
Courier Companies
Food Delivery Companies
Fleet Management Companies
Medical Courier Companies
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Toyota Motor Corporation
Daimler AG
Ford Motor Company
General Motors
Honda Motor Co. Ltd.
Hyundai Motor Company
Tesla Inc.
Nissan Motor Co. Ltd.
Kia Corporation
Renault Group
BYD Motors Inc.
Isuzu Motors Limited
Mitsubishi Motors Corporation
Iveco Group
Jeep
Mahindra & Mahindra Ltd.
MAN Truck & Bus AG
Navistar International Corporation
Peugeot S.A.

Key Questions Addressed in this Report

What is the 10-year outlook for the global Parcel Delivery Vehicle market?

What factors are driving Parcel Delivery Vehicle market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Parcel Delivery Vehicle market opportunities vary by end market size?

How does Parcel Delivery Vehicle break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.