HYDERABAD, India , Dec. 16, 2025 /PRNewswire/ -- According to Mordor Intelligence, the global van market is projected to grow from USD 163.29 billion in 2025 to USD 203.10 billion by 2030, at a CAGR of 4.46%. Rising e-commerce demand, stricter emission rules, and expanding fast-charging networks are reshaping investment and product decisions.
Electric vans are gaining momentum as policy support encourages fleet adoption despite higher upfront costs. Collaborations like Honda-Nissan-Mitsubishi and Tata-Iveco are helping standardize platforms, reduce costs, and navigate semiconductor shortages. While supply chain challenges persist, narrowing total cost-of-ownership for electric models is driving strong growth prospects for the van segment through 2030.
Key Drivers Influencing Market Trends
Rapid Growth in E-Commerce Delivery Networks: Rising online shopping is driving delivery companies to expand urban routes, while large e-commerce players are encouraging the shift to electric fleets. City-based micro-fulfilment centers favor smaller, agile vans that can handle frequent stops efficiently. Advanced features like real-time routing and over-the-air updates are becoming essential, and strong consumer expectations for fast delivery continue to sustain van demand even amid broader economic uncertainty.
Push Toward Emission-Free Urban Areas: New regulations are driving van manufacturers and fleet operators toward electric models. Cities and countries are increasingly limiting traditional combustion engines, while strong policy support in key markets is making electric vans a strategic priority. As a result, fleets are rethinking replacement schedules and investing more in battery-powered vehicles, even with higher upfront costs.
Regional Market Overview
Europe remains the largest van market, supported by strong emission rules, extensive charging infrastructure, and coordinated city policies. Automakers are investing heavily in electric van development, while expanding zero-emission zones ensure steady demand for cleaner vehicles.
Asia-Pacific is emerging as the fastest-growing van market, fuelled by strong manufacturing capacity and supportive regional policies. Investments in local production and expanding supply chains are reducing costs and positioning the region as a key driver of future market growth.
Segmentation Insights
By Vehicle Type
- Cargo Van
- Passenger Van
- Minivan
- Panel Van
By Tonnage Capacity
- Up to 2 Tons
- 2-3 Tons
- 3-5.5 Tons
By Propulsion Type
- Internal Combustion Engine (ICE)
- Hybrid
- Plug-in Hybrid
- Battery Electric
By End-Use
- Commercial
- Personal
Companies Profiled in Van Market
Ford Motor Company
Mercedes-Benz Group AG
Volkswagen Commercial Vehicles
Stellantis N.V.
Toyota Motor Corporation
Renault Group
Nissan Motor Co. Ltd.
General Motors Company
Hyundai Motor Company
Kia Corporation
SAIC Motor (Maxus)
BYD Auto Co. Ltd.
Isuzu Motors Ltd.
Tata Motors Ltd.
Mahindra & Mahindra Ltd.
Mitsubishi Fuso Truck & Bus
Iveco Group N.V.
Dongfeng Motor Corporation
Geely Auto Group (Farizon)
Changan Automobile
Industry Related Reports
Automotive Fuel Tank Market: The automotive fuel tank market is estimated at USD 20.15 billion in 2025 and is projected to reach USD 25.48 billion by 2030, registering a CAGR of 4.8% during the forecast period. Growth is driven by rising demand for lightweight plastic multi-layer tanks, continued production of ICE and hybrid vehicles, and stricter emission and evaporative regulations.
Get More insights: https://www.mordorintelligence.com/industry-reports/automotive-fuel-tank-market?utm_source=prnewswire
Commercial Vehicles Market: The commercial vehicle market is estimated at USD 0.91 trillion in 2025 and is projected to reach USD 1.22 trillion by 2029, growing at a CAGR of 7.6%. Growth is driven by rising freight and logistics demand, e-commerce expansion, infrastructure development, and adoption of advanced technologies, including electric and hybrid powertrains.
Get More insights: https://www.mordorintelligence.com/industry-reports/commercial-vehicle-market?utm_source=prnewswire
Automotive Relay Market: The global automotive relay market is estimated at USD?14.27?billion in 2025, and is forecasted to grow to USD?18.73?billion by 2030, reflecting a CAGR of 5.58%. Demand is being driven by the increasing complexity and electronic content of modern vehicles
Get More insights: https://www.mordorintelligence.com/industry-reports/automotive-relay-market?utm_source=prnewswire
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