Medium & Heavy Trucks in South Korea

Medium & Heavy Trucks in South Korea industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

Medium and heavy trucks market includes commercial vehicles (CV), buses and coaches (BC), heavy commercial vehicles (HCV), and heavy buses and coaches (HBCs).
The South Korean medium & heavy trucks market recorded revenues of $20 million in 2024, representing a compound annual growth rate (CAGR) of -2.2% between 2019 and 2024.
Market consumption volumes declined with a negative CAGR of 3.5% between 2019 and 2024, reaching a total of 249.4 thousand units in 2024.
In 2024, South Korea accounted for a share of 3.2% of the Asia-Pacific medium & heavy trucks market.

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

Reasons to Buy

What was the size of the South Korea medium & heavy trucks market by value in 2024?
What will be the size of the South Korea medium & heavy trucks market in 2029?
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?
Who are the top competitors in South Korea's medium & heavy trucks market?

1 Executive Summary

1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market rivalry
1.7. Competitive landscape

2 Market Overview

2.1. Market definition
2.2. Market analysis

3 Market Data

3.1. Market value
3.2. Market volume

4 Market Segmentation

4.1. Geography segmentation

5 Market Outlook

5.1. Market value forecast
5.2. Market volume forecast

6 Five Forces Analysis

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 Competitive Landscape

7.1. Who are the leading players in the market?
7.2. What are the strengths of the leading players?
7.3. What are the recent developments in the market?

8 Company Profiles

8.1. Hyundai Motor Co
8.2. Kia Corp
8.3. AB Volvo
8.4. Tata Motors Ltd

9 Macroeconomic Indicators

9.1. Country data

10 Appendix

10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher

List of Tables

Table 1: South Korea medium & heavy trucks market value: $ billion, 2019-24
Table 2: South Korea medium & heavy trucks market volume: thousand units, 2019-24
Table 3: South Korea medium & heavy trucks market geography segmentation: $ billion, 2024
Table 4: South Korea medium & heavy trucks market value forecast: $ billion, 2024-29
Table 5: South Korea medium & heavy trucks market volume forecast: thousand units, 2024-29
Table 6: Hyundai Motor Co: Key Facts
Table 7: Hyundai Motor Co: Annual Financial Ratios
Table 8: Hyundai Motor Co: Key Employees
Table 9: Kia Corp: Key Facts
Table 10: Kia Corp: Annual Financial Ratios
Table 11: Kia Corp: Key Employees
Table 12: AB Volvo: Key Facts
Table 13: AB Volvo: Annual Financial Ratios
Table 14: AB Volvo: Key Employees
Table 15: AB Volvo: Key Employees Continued
Table 16: Tata Motors Ltd: Key Facts
Table 17: Tata Motors Ltd: Annual Financial Ratios
Table 18: Tata Motors Ltd: Key Employees
Table 19: South Korea Exchange Rate, 2019-24

List of Figures

Figure 1: South Korea medium & heavy trucks market value: $ billion, 2019-24
Figure 2: South Korea medium & heavy trucks market volume: thousand units, 2019-24
Figure 3: South Korea medium & heavy trucks market geography segmentation: % share, by value, 2024
Figure 4: South Korea medium & heavy trucks market value forecast: $ billion, 2024-29
Figure 5: South Korea medium & heavy trucks market volume forecast: thousand units, 2024-29
Figure 6: Forces driving competition in the medium & heavy trucks market in South Korea, 2024
Figure 7: Drivers of buyer power in the medium & heavy trucks market in South Korea, 2024
Figure 8: Drivers of supplier power in the medium & heavy trucks market in South Korea, 2024
Figure 9: Factors influencing the likelihood of new entrants in the medium & heavy trucks market in South Korea, 2024
Figure 10: Factors influencing the threat of substitutes in the medium & heavy trucks market in South Korea, 2024
Figure 11: Drivers of degree of rivalry in the medium & heavy trucks market in South Korea, 2024

Companies Mentioned (Partial List)

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

Hyundai Motor Co
Kia Corp
AB Volvo
Tata Motors Ltd

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SINGLE USER LICENSE PDF	The product is a PDF.	This is a single user license, allowing one user access to the product.	€320EUR$350USD£272GBP
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Key Highlights

Scope

Reasons to Buy

Table of Contents

Companies Mentioned (Partial List)

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