The second generation Toyota Fortuner made its global debut in July 2015, launched concurrently in Thailand and Australia. Constructed on an upgraded high-strength ladder-frame chassis, the AN150 generation achieved significantly improved structural rigidity and impact resistance. The exterior adopted a sophisticated design language featuring slim LED projector headlights, a distinctive floating C-pillar roof design, and refined chrome trim accents. The upgraded interior accommodated up to seven passengers with leather upholstery, an integrated 7- or 8-inch infotainment display, automatic climate control, and a power liftgate.

Powertrain technology transitioned to Toyota's new Global Diesel (GD) common-rail engine family, comprising the 2.4-liter 2GD-FTV (150 hp) and the 2.8-liter 1GD-FTV (177 hp, upgraded to 204 hp in 2020), alongside a 2.7-liter 2TR-FE gasoline option. Power is routed through six-speed manual or six-speed automatic transmissions. Four-wheel-drive models feature a dial-actuated Part-Time 4WD system with a low-range transfer case and an electronic rear differential lock. A major 2020 facelift introduced the flagship Legender trim boasting unique front fascia styling and advanced Toyota Safety Sense features.