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FEATURED COMPANIES
- Ashok Leyland
- Ford Motor Company
- Hino Motors Limited
- Hyundai Motor Company
- Toyota Motors Corporation
- MORE
The Saudi Arabian commercial vehicles market stood at around $ 3.4 billion in 2018 and is forecast to grow at a CAGR of 4.9% during the forecast period to reach $ 4.2 billion by 2024, on account of increasing use of commercial vehicles in the logistics and transportation sectors. Flourishing small and medium-sized enterprises are generating huge demand for commercial vehicles in the country. Moreover, growing government focus on the development of the country’s construction and tourism sectors in line with the Saudi Vision 2030 policy is further anticipated to fuel the demand for commercial vehicles in coming years.
Years considered for this report:
- Historical Years: 2014 – 2017
- Base Year: 2018
- Estimated Year: 2019
- Forecast Period: 2020 – 2024
Objective of the Study:
- To study the Saudi Arabian commercial vehicles market scenario, which covers light commercial vehicle, medium and heavy commercial vehicle and bus segments.
- To analyze and forecast the Saudi Arabian commercial vehicles market size.
- To classify and forecast the Saudi Arabian commercial vehicles market based on vehicle type, region, and company.
- To identify drivers and challenges for the Saudi Arabian commercial vehicles market.
- To identify market trends & developments in the Saudi Arabian commercial vehicles market.
- To profile leading players operating in the Saudi Arabian commercial vehicles market.
Some of the major players operating in the Saudi Arabian commercial vehicles market are Toyota Motors Corporation, Isuzu Motors Saudi Arabia Company Limited, Mitsubishi Fuso Truck and Bus Corporation, Hino Motors Limited, Ford Motor Company, and Hyundai Motor Company.
Key Target Audience:
- Commercial vehicle manufacturers and distributors
- Industry associations, organizations, forums and alliances related to commercial vehicles market
- Government bodies such as regulatory authorities and policy makers
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as commercial vehicle companies, distributors and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, the Saudi Arabian commercial vehicles market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Market, by Vehicle Type
- Light Commercial Vehicles
- Medium Commercial Vehicles
- Heavy Commercial Vehicles
- Bus
Market, by Region
- Western
- Northern & Central
- Eastern
- Southern
Market, by Company
- Toyota Motor Corporation
- Isuzu Motors Saudi Arabia Company Limited
- Mitsubishi Fuso Truck and Bus Corporation
- Hino Motors Limited
- Ford Motor Company
- Others
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Saudi Arabian commercial vehicles market.
FEATURED COMPANIES
- Ashok Leyland
- Ford Motor Company
- Hino Motors Limited
- Hyundai Motor Company
- Toyota Motors Corporation
- MORE
1. Product Overview
2. Research Methodology
3. Analyst View
4. Voice of Customer
4.1. Brand Awareness
4.2. Brand Satisfaction Level
5. Saudi Arabia Commercial Vehicles Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.1.2. By Volume
5.2. Market Share & Forecast
5.2.1. By Vehicle Type (LCV, MCV, HCV and Bus)
5.2.2. By Region
5.2.3. By Company
6. Saudi Arabia Light Commercial Vehicles Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.1.2. By Volume
6.2. Market Share & Forecast
6.2.1. By Vehicle Segment (Pickup Truck & Van, and Light Duty Truck)
6.2.2. By Application (Logistics, Transportation & Tourism and Construction)
6.2.3. By Region
6.2.4. By Company
6.3. Saudi Arabia LCVs Market – Margin Analysis
7. Saudi Arabia Medium Commercial Vehicles Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.1.2. By Volume
7.2. Market Share & Forecast
7.2.1. By Vehicle Segment (GVW 10-16 Ton & GVW 16-20 Ton)
7.2.2. By Application (Construction, Logistics and Others)
7.2.3. By Region
7.2.4. By Company
7.3. Saudi Arabia MCVs Market – Margin Analysis
8. Saudi Arabia Heavy Commercial Vehicles Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.1.2. By Volume
8.2. Market Share & Forecast
8.2.1. By Vehicle Segment (GVW 20-30 Ton, GVW 30-40 Ton & GVW >40 Ton)
8.2.2. By Application (Construction, Logistics and Others)
8.2.3. By Region
8.2.4. By Company
8.3. Saudi Arabia HCVs Market, Margin Analysis
9. Saudi Arabia Bus Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.1.2. By Volume
9.2. Market Share & Forecast
9.2.1. By Vehicle Segment (< 33 Seats and > 33 Seats)
9.2.2. By Application (Staff Transportation, School & University Transportation, Tourism/Pilgrimage Services)
9.2.3. By Region
9.2.4. By Company
9.3. Saudi Arabia Bus Market – Margin Analysis
10. Import-Export Analysis
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Market Trends & Developments
13. Value Chain Analysis
14. Policy & Regulatory Landscape
15. Saudi Arabia Economic Profile
16. Competitive Landscape
16.1. Toyota Motors Corporation
16.2. Isuzu Motors Saudi Arabia Company Limited
16.3. Mitsubishi Fuso Truck and Bus Corporation
16.4. Hino Motors Limited
16.5. Ford Motor Company
16.6. Hyundai Motor Company
16.7. MAN Truck and Bus Middle East
16.8. Volvo Trucks Corporation and Volvo Bus
16.9. Mercedes-Benz KSA Commercial Vehicles
16.10. Ashok Leyland
16.11. Tata Motors Limited
17. Strategic Recommendations
List of Figures
Figure 1: Saudi Arabia Commercial Vehicles Market Size, By Value (USD Billion), By Volume (Thousand Unit), 2014-2024F
Figure 2: Saudi Arabia Commercial Vehicles Market Share, By Vehicle Type, By Volume, 2014-2024F
Figure 3: Saudi Arabia Commercial Vehicles Market Share, By Region, By Volume, 2018 & 2024F
Figure 4: Saudi Arabia Commercial Vehicles Market Share, By Company, By Volume, 2018
Figure 5: Saudi Arabia Light Commercial Vehicles Market Size, By Value (USD Billion), By Volume (Thousand Unit), 2014-2024F
Figure 6: Saudi Arabia Light Commercial Vehicles Market Share, By Vehicle Segment, By Volume, 2014-2024F
Figure 7: Saudi Arabia Light Commercial Vehicles Market Share, By Application, By Volume, 2014-2024F
Figure 8: Saudi Arabia Light Commercial Vehicles Market Share, By Region, By Volume, 2018 & 2024F
Figure 9: Saudi Arabia Light Commercial Vehicles Market Share, By Company, By Volume, 2018
Figure 10: Saudi Arabia Medium Commercial Vehicles Market Size, By Value (USD Billion), By Volume (Thousand Unit), 2014-2024F
Figure 11: Saudi Arabia Medium Commercial Vehicles Market Share, By Vehicle Segment, By Volume, 2014-2024F
Figure 12: Saudi Arabia Medium Commercial Vehicles Market Share, By Application, By Volume, 2014-2024F
Figure 13: Saudi Arabia Medium Commercial Vehicles Market Share, By Region, By Volume, 2018 & 2024F
Figure 14: Saudi Arabia Medium Commercial Vehicles Market Share, By Company, By Volume, 2018
Figure 15: Saudi Arabia Heavy Commercial Vehicles Market Size, By Value (USD Billion), By Volume (Thousand Unit), 2014-2024F
Figure 16: Saudi Arabia Heavy Commercial Vehicles Market Share, By Vehicle Segment, By Volume, 2014-2024F
Figure 17: Saudi Arabia Heavy Commercial Vehicles Market Share, By Application, By Volume, 2014-2024F
Figure 18: Saudi Arabia Heavy Commercial Vehicles Market Share, By Region, By Volume, 2018 & 2024F
Figure 19: Saudi Arabia Heavy Commercial Vehicles Market Share, By Company, By Volume, 2018
Figure 20: Saudi Arabia Commercial Vehicle Import Share, By Country, By Volume (%), 2018
Figure 21: Saudi Arabia Bus Market Size, By Value (USD Billion), By Volume (Thousand Unit), 2014-2024F
Figure 22: Saudi Arabia Bus Market Share, By Vehicle Segment, By Volume, 2014-2024F
Figure 23: Saudi Arabia Bus Market Share, By Application, By Volume, 2014-2024F
Figure 24: Saudi Arabia Bus Market Share, By Region, By Volume, 2018 & 2024F
Figure 25: Saudi Arabia Bus Market Share, By Company, By Volume, 2018
List of Tables
Table 1: Saudi Arabia Commercial Vehicle Imports, By Volume (Thousand Units), By Value (USD Billion), 2016
Table 2: Saudi Arabia Major Ongoing Infrastructure Projects
Table 3: Saudi Arabia Trade Agreements
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- Ashok Leyland
- Ford Motor Company
- Hino Motors Limited
- Hyundai Motor Company
- Isuzu Motors Saudi Arabia Company Limited
- MAN Truck and Bus Middle East
- Mercedes-Benz KSA Commercial Vehicles
- Mitsubishi Fuso Truck and Bus Corporation
- Toyota Motors Corporation
- Volvo Trucks Corporation and Volvo Bus
