Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Fuel And Lube Trucks Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
How Will the Fuel And Lube Trucks Market Grow Between 2024 and 2025?
The market size of fuel and lube trucks has seen considerable growth recently. The market size, which was $2.1 billion in 2024, is predicted to increase to $2.21 billion in 2025. This represents a compound annual growth rate (CAGR) of 5.3%.
How Much Will the Fuel And Lube Trucks Market Be Worth in 2029?
The Fuel And Lube Trucks Global Market is projected to grow to a size of $2.71 billion by the year 2029. The market is also expected to grow at a compound annual growth rate (CAGR) of 5.2% during this period.
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Which Fuel And Lube Trucks Market Drivers Are Linked to Revenue Growth?
The key drivers in the fuel and lube trucks market are:
• Growing emphasis on equipment uptime
• Increasing automation in fleet services
• Rising demand for sustainable fueling solutions
• Expanding construction projects in emerging markets
Which Segments Are Expected to Grow in the Fuel And Lube Trucks Market?
The fuel and lube trucks market covered in this report is segmented –
1) By Truck Type: Lube Service Trucks, Combination Trucks, Fuel Tank Trucks
2) By Capacity: 15,000 to 25,000 Kg, Below 10,000 Kg, 10,000 to 15,000 Kg, Above 25,000 Kg
3) By Distribution Model: Direct Sales, Dealer Network, Online Retail, Rental Services
4) By Application: Transportation And Logistics, Mining And Natural Resources Extraction, Agriculture And Farming Operations, Construction And Infrastructure Development, Other Applications
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What Are The Key Trends Impacting Growth In The Global Fuel And Lube Trucks Market?
The key trends in the fuel and lube trucks market are:
• Advancement in telematics integration is a major upcoming trend.
• Advanced fuel dispensing technologies are shaping the future of the market.
• There is a focus on innovation in eco-friendly lube systems.
• The market is developing due to advancements in hybrid fuel and lube trucks and modular tank designs.
Who Are the Key Competitors in the Global Fuel And Lube Trucks Market?
Major players in the fuel and lube trucks market are:
• Knapheide Manufacturing Company
• Foley Equipment Company
• Curry Supply Company
• IronPlanet Inc.
• Maintainer Corporation of Iowa Inc.
• Ground Force Worldwide
• Petro-Canada Lubricants Inc.
• Thunder Creek Equipment LLC
• Niece Equipment
• Amthor International
• McLellan Industries Inc.
• Service Trucks International
• Taylor Pump & Lift
• Carco Industries
• Auto Crane
• Sage Oil Vac Inc.
• LubeMate by Boss Industries Inc.
• Almon Equipment Limited
• Summit Truck Bodies
• Blue Energy Motors Pvt. Ltd.
• Lubrication Technologies Inc.
• EMCO Wheaton
Where Is the Fuel And Lube Trucks Market Growing Fastest Between 2025 and 2029?
North America was the largest region in the fuel and lube trucks market in 2024
