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Medium & Heavy Trucks in South Korea

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    Report

  • 40 Pages
  • April 2019
  • Region: South Korea
  • MarketLine
  • ID: 4226078
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Medium & Heavy Trucks in South Korea

Summary

Medium & Heavy Trucks in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2014-18, and forecast to 2023). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • The medium and heavy trucks market includes commercial vehicles (CVs), buses and coaches (BCs), heavy commercial vehicles (HCVs) and heavy buses and coaches (HBCs). CVs and BCs weigh 3.51 to 16 tonnes and include pick-ups and vans where they fall into this weight range. HCVs and HBCs weigh over 16 tonnes; the converted trucks and buses are excluded. The market volume includes the number of newly registrated vehicle in any given year. The market value is calculated in terms of average manufacturer selling price (MSP) against market volume, and excludes all taxes and levies. Any currency conversions used in the creation of this report have been calculated using constant 2018 annual average exchange rates.

  • The South Korean medium & heavy trucks market had total revenues of $1.7bn in 2018, representing a compound annual growth rate (CAGR) of 1.4% between 2014 and 2018.

  • Market consumption volume increased with a CAGR of 0.8% between 2014 and 2018, to reach a total of 41.3 thousand units in 2018.

  • CV was the most profitable segment for the medium and heavy trucks market, due to their smaller build and lower consumption levels, rendering them the most efficient and cost effective option for companies.


Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the medium & heavy trucks market in South Korea

  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the medium & heavy trucks market in South Korea

  • Leading company profiles reveal details of key medium & heavy trucks market players’ global operations and financial performance

  • Add weight to presentations and pitches by understanding the future growth prospects of the South Korea medium & heavy trucks market with five year forecasts by both value and volume


Reasons to buy
  • What was the size of the South Korea medium & heavy trucks market by value in 2018?

  • What will be the size of the South Korea medium & heavy trucks market in 2023?

  • What factors are affecting the strength of competition in the South Korea medium & heavy trucks market?

  • How has the market performed over the last five years?

  • What are the main segments that make up South Korea's medium & heavy trucks market?

Table of Contents

Executive Summary
Market value
Market value forecast
Market volume
Market volume forecast
Geography segmentation
Market rivalry
Market Overview
Market definition
Market analysis
Market Data
Market value
Market volume
Market Segmentation
Geography segmentation
Market Outlook
Market value forecast
Market volume forecast
Five Forces Analysis
Summary
Buyer power
Supplier power
New entrants
Threat of substitutes
Degree of rivalry
Leading Companies
Hyundai Motor Company
SsangYong Motor Co., Ltd.
Tata Motors Limited
AB Volvo
Macroeconomic Indicators
Country data
Methodology
Industry associations
Related Research
Appendix
About the Author
List of Tables
Table 1: South Korea medium & heavy trucks market value: $ billion, 2014-18
Table 2: South Korea medium & heavy trucks market volume: thousand units, 2014-18
Table 3: South Korea medium & heavy trucks market geography segmentation: $ billion, 2018
Table 4: South Korea medium & heavy trucks market value forecast: $ billion, 2018-23
Table 5: South Korea medium & heavy trucks market volume forecast: thousand units, 2018-23
Table 6: Hyundai Motor Company: key facts
Table 7: Hyundai Motor Company: key financials ($)
Table 8: Hyundai Motor Company: key financials (KRW)
Table 9: Hyundai Motor Company: key financial ratios
Table 10: SsangYong Motor Co., Ltd.: key facts
Table 11: SsangYong Motor Co., Ltd.: key financials ($)
Table 12: SsangYong Motor Co., Ltd.: key financials (KRW)
Table 13: SsangYong Motor Co., Ltd.: key financial ratios
Table 14: Tata Motors Limited: key facts
Table 15: Tata Motors Limited: key financials ($)
Table 16: Tata Motors Limited: key financials (Rs.)
Table 17: Tata Motors Limited: key financial ratios
Table 18: AB Volvo: key facts
Table 19: AB Volvo: key financials ($)
Table 20: AB Volvo: key financials (SEK)
Table 21: AB Volvo: key financial ratios
Table 22: South Korea size of population (million), 2014-18
Table 23: South Korea gdp (constant 2005 prices, $ billion), 2014-18
Table 24: South Korea gdp (current prices, $ billion), 2014-18
Table 25: South Korea inflation, 2014-18
Table 26: South Korea consumer price index (absolute), 2014-18
Table 27: South Korea exchange rate, 2014-18
List of Figures
Figure 1: South Korea medium & heavy trucks market value: $ billion, 2014-18
Figure 2: South Korea medium & heavy trucks market volume: thousand units, 2014-18
Figure 3: South Korea medium & heavy trucks market geography segmentation: % share, by value, 2018
Figure 4: South Korea medium & heavy trucks market value forecast: $ billion, 2018-23
Figure 5: South Korea medium & heavy trucks market volume forecast: thousand units, 2018-23
Figure 6: Forces driving competition in the medium & heavy trucks market in South Korea, 2018
Figure 7: Drivers of buyer power in the medium & heavy trucks market in South Korea, 2018
Figure 8: Drivers of supplier power in the medium & heavy trucks market in South Korea, 2018
Figure 9: Factors influencing the likelihood of new entrants in the medium & heavy trucks market in South Korea, 2018
Figure 10: Factors influencing the threat of substitutes in the medium & heavy trucks market in South Korea, 2018
Figure 11: Drivers of degree of rivalry in the medium & heavy trucks market in South Korea, 2018
Figure 12: Hyundai Motor Company: revenues & profitability
Figure 13: Hyundai Motor Company: assets & liabilities
Figure 14: SsangYong Motor Co., Ltd.: revenues & profitability
Figure 15: SsangYong Motor Co., Ltd.: assets & liabilities
Figure 16: Tata Motors Limited: revenues & profitability
Figure 17: Tata Motors Limited: assets & liabilities
Figure 18: AB Volvo: revenues & profitability
Figure 19: AB Volvo: assets & liabilities

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Hyundai Motor Company

  • SsangYong Motor Co., Ltd.

  • Tata Motors Limited

  • AB Volvo

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