by
According to the Foreclaro Global Research, the
Global
Truck-as-a-Service (TaaS) Market size was valued at USD 40612.3 million in 2024. The report “Global
Truck-as-a-Service (TaaS) Market Segmentation By Service Type (Pay-Per-Use/Subscription
Models, Digital Freight Brokerage & Matching, Rental & Leasing
(Full-Service Leasing, Managed Maintenance & Repairs, Telematics &
Fleet Management, Fuel Management & Optimization, Insurance &
Compliance Services), By Truck Type (Light Duty Trucks, Medium Duty Trucks, Heavy
Duty Trucks), By Propulsion Type (Internal Combustion Engine (ICE), Electric
Trucks, Hybrid Trucks), By End-User (Logistics & Transportation Companies, Manufacturing,
Construction & Mining, Retail & E-commerce, FMCG & Food &
Beverage, Other Industrial Sectors)- Industry Trends and Forecast to 2033” gives a detailed insight into current market
dynamics and provides analysis on future market growth.
The global Truck-as-a-Service (TaaS) market is
redefining the commercial transportation industry by shifting the focus from
traditional truck ownership to flexible, service-based fleet solutions. This
model encompasses subscription, rental, leasing, and digital freight platforms
that enable logistics operators to reduce capital expenditure while optimizing
operations. Growing e-commerce activity, rising demand for efficient last-mile
delivery, and the adoption of digital fleet management systems are driving
market expansion. Telematics, IoT, and AI integration allow real-time vehicle
monitoring, predictive maintenance, and route optimization, enhancing overall
productivity. Additionally, sustainability goals and emission regulations are
accelerating the adoption of electric trucks and green mobility within TaaS
ecosystems. North America and Europe lead the market due to advanced logistics
infrastructure, while Asia-Pacific is emerging rapidly with its expanding
digital economy and logistics networks. Overall, TaaS offers a scalable,
data-driven solution that transforms fleet operations into smarter, more
efficient, and environmentally sustainable systems.
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Global Truck-as-a-Service
(TaaS) Market Report Highlights
· The
market is witnessing strong growth as logistics providers shift from
traditional truck ownership to flexible subscription and pay-per-use models.
· Integration
of IoT, AI, and telematics is enhancing fleet monitoring, predictive
maintenance, and operational efficiency.
· Electric
and hybrid trucks are gaining traction within TaaS models, supported by global
sustainability mandates and emission regulations.
· North
America dominates the market due to advanced digital freight platforms and
mature logistics infrastructure, while Asia-Pacific shows the fastest growth
· Key
players such as Volvo, Daimler Truck, Wabash, and Kodiak Robotics are driving
innovation through strategic partnerships and acquisitions.
· The
rise of digital freight brokerage, full-service leasing, and autonomous truck
pilots is reshaping global transportation networks, offering scalable and
cost-efficient fleet solutions.
Foreclaro
Global Research has segmented the Truck-as-a-Service (TaaS) Market report based
on Service Type, Truck type, Propulsion Type, End User, and region:
Truck-as-a-Service
(TaaS) Market, Service Type Outlook (Revenue - USD Million, 2020 - 2033)
Pay-Per-Use/Subscription
Models
Digital
Freight Brokerage & Matching
Rental
& Leasing (Full-Service Leasing
Managed
Maintenance & Repairs
Telematics
& Fleet Management
Fuel
Management & Optimization
Insurance
& Compliance Services
Truck-as-a-Service
(TaaS) Market, Truck Type Outlook (Revenue - USD Million, 2020 - 2033)
Light Duty
Trucks
Medium Duty
Trucks
Heavy Duty
Trucks
Truck-as-a-Service
(TaaS) Market, Propulsion Type Outlook (Revenue - USD Million, 2020 - 2033)
Internal
Combustion Engine (ICE)
Electric
Trucks
Hybrid
Trucks
Truck-as-a-Service
(TaaS) Market, End User Outlook (Revenue - USD Million, 2020 - 2033)
Logistics
& Transportation Companies
Manufacturing
Construction
& Mining
Retail
& E-commerce
FMCG &
Food & Beverage
Other
Industrial Sectors
Truck-as-a-Service
(TaaS) Market, Regional Outlook (Revenue - USD Million, 2020 - 2033)
North
America
·
United
States
·
Canada
·
Mexico
Europe
·
United
Kingdom
·
Germany
·
France
·
Spain
·
Italy
·
Rest
of Europe
Asia
Pacific
·
China
·
India
·
Japan
·
Australia
·
South
Korea
·
Rest
of Asia Pacific
Latin
America
·
Brazil
·
Argentina
·
Rest
of Latin America
Middle East
& Africa
·
Saudi
Arabia
·
South
Africa
·
Rest
of MEA
Global Truck-as-a-Service (TaaS) Market Key Players
·
Daimler Truck AG
·
AB Volvo
·
TRATON SE
·
Tata Motors Limited
·
Einride AB
·
BYD Company Limited
·
Volta Trucks
·
Xos, Inc.
·
Nikola Corporation
·
Hyliion Holdings Corp.
