Key Market Indicators
Canadian Commercial Vehicle Registration is set to reach nearly 20 million units by 2026. It was 14.9 million in 2021, a 5.5% year-on-year increase. Since 2010, the market has grown by 62.5%. Mexico, Argentina and Australia are the next three largest markets. Vehicle production in Canada is expected to reach 1.1 million units by 2026, down 0.9% from the 2021 figure of 1.08 million. Since 2002, the supply has fallen by 7% each year. Canada was number five in 2021, with Mexico overtaking it with 1.08 million units. China, Mexico and Canada make up the top three markets in this ranking.
Canada Commercial Vehicle Market Data and Forecasts
How much will Canada Commercial Vehicle Market grow to 2026?
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