Turkey Commercial Vehicle Market to Grow with a CAGR of 4.18% through 2030
Rising logistics demand, expansion in construction activities, and
supportive government incentives are boosting the need for commercial transport
solutions. Growing fleet modernization and trade connectivity are the factors
driving the market in the forecast period 2026–2030.
According to TechSci Research report, “Turkey Commercial Vehicle
Market – Industry Size, Share, Trends, Opportunity, and Forecast, 2020-2030F”,
The Turkey Commercial Vehicle Market was valued at USD 19.34 Billion in 2024
and is expected to reach USD 24.72 Billion by 2030 with a CAGR of 4.18% during
the forecast period.
The Turkey commercial vehicle market is undergoing a structural
transformation shaped by shifts in consumer mobility needs, rising
inter-regional trade flows, and the digitalization of fleet operations. Demand
is being bolstered by expanding rural-to-urban distribution routes and the
growing role of regional hubs in supporting domestic and cross-border trade. As
Turkey strengthens its role as a logistics bridge connecting Europe and Asia,
the need for high-uptime, long-range commercial vehicles has intensified. The
rise of mid-sized manufacturing clusters outside traditional industrial zones
is also contributing to the expansion of secondary freight corridors, which in
turn fuels medium and heavy commercial vehicle sales.
Another key driver is the formalization of small and mid-sized
enterprises, which are increasingly turning to commercial leasing models to
support consistent goods movement. Access to new financing structures, such as
usage-based contracts and fleet-as-a-service solutions, has enabled even small
fleet operators to scale their logistics capabilities. Advances in route
optimization software, cargo monitoring technologies, and integrated driver
support systems are enhancing vehicle utility and boosting operator confidence
in larger fleet investments.
Browse over XX market data Figures spread through XX Pages and an
in-depth TOC on "Turkey Commercial Vehicle Market"
Turkey
Commercial Vehicle Market Is Segmented by Vehicle Type, Transmission Type,
Propulsion, and Region.
In 2024, internal
combustion engine (ICE) vehicles continued to dominate Turkey’s commercial
vehicle market due to their established fueling infrastructure, familiarity
among fleet operators, and strong performance in long-distance and heavy-load
operations. ICE vehicles remained the preferred choice for sectors like
intercity freight, agriculture, and construction where refueling convenience
and payload capacity are critical. Despite rising fuel costs and tightening
emissions standards, fleet owners relied on diesel-powered trucks and vans for
their durability and cost-effectiveness in challenging operating conditions.
However, the market also witnessed steady growth in electric commercial
vehicles as awareness around emission regulations, urban air quality, and total
cost of ownership improved. Urban logistics operators, in particular, showed
growing interest in electric vans and light-duty trucks to comply with
low-emission transport requirements and reduce operating costs in congested
city routes.
Among Turkey’s regions, the
Mediterranean region recorded the fastest growth in commercial vehicle demand
in 2024. This was driven by increased activity in construction, tourism
logistics, and port-based freight operations. Coastal cities and growing suburban
zones experienced a surge in urban delivery and infrastructure transport
requirements, prompting a sharp rise in light and medium-duty vehicle usage.
Fleet expansion across local distribution networks and public service
operations also contributed to the demand spike, supported by improving
regional connectivity and investment in logistics hubs. The mix of industrial
and tourism-based commerce played a key role in accelerating commercial fleet
growth in the Mediterranean.
Major Market
Players Operating in Turkey Commercial Vehicle Market Are:
TEMSA
Otokar
Otomotiv ve Savunma Sanayi A.Ş
BMC
Otomotiv Sanayi ve Ticaret A.Ş.
Isuzu
(Anadolu)
Askam
Karsan
MAN A.S.
Daimler
AG
Volkswagen
AG
Ford
Motor Company
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“The commercial vehicle market
in Turkey is evolving rapidly, and what’s interesting is how it's being shaped
by a mix of traditional strengths and new-age logistics demands. We’re seeing
fleet operators prioritize flexibility more than ever whether it’s adapting to
multi-stop delivery routes in urban areas or supporting inter-regional trade
through midsize freight corridors. What stands out is that it’s no longer just
about horsepower or payload, it’s about operational intelligence, financing
adaptability, and sustainability readiness. This layered shift is what’s really
defining the next wave of growth in Turkey’s commercial transport landscape.”,
said Mr. Karan Chechi, Research Director of TechSci Research, a research-based
global management consulting firm.
“Turkey Commercial Vehicle
Market – Size, Share, Trends, Opportunity, and Forecast, Segmented By Vehicle
Type (Light Commercial Vehicle (LCV), Medium Commercial Vehicle (MCV), Heavy
Commercial Vehicle (HCV)), By Propulsion (ICE, Electric), By Transmission Type
(Manual Transmission, Automatic Transmission), By Region, By Competition, 2020-2030F”, assesses the market's future
growth potential and provides data on market size, trends, and forecasts. It
aims to offer comprehensive market insights, helping decision-makers make
informed investment choices. The report also highlights emerging trends, key
drivers, challenges, and opportunities in the Turkey Commercial Vehicle Market.
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