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FEATURED COMPANIES
- Ashok Leyland
- Ford Motor Company
- Hino Motors Limited
- Hyundai Motor Company
- Toyota Motors Corporation
Speak directly to the analyst to clarify any post sales queries you may have.
10% Free customizationThis report comes with 10% free customization, enabling you to add data that meets your specific business needs.
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.
Please note: With the Enterprise license, the PDF product is printable and editable and comes with a market data excel sheet.
FEATURED COMPANIES
- Ashok Leyland
- Ford Motor Company
- Hino Motors Limited
- Hyundai Motor Company
- Toyota Motors Corporation
1. Product Overview2. Research Methodology3. Analyst View
A selection of companies mentioned in this report includes:
- 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