According to Cognitive Market Research, the global Yard Trucks market size is USD 758.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 4.80% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 303.44 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.0% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 227.58 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 174.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.8% from 2024 to 2031.
Latin America had a market share for more than 5% of the global revenue with a market size of USD 37.93 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 15.17 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2031.
The Diesel Type held the highest Yard Trucks market revenue share in 2024.
