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Middle East/North Africa (MENA) Commercial Vehicles Market Outlook (2023 to 2033)

According to Middle East/North Africa (MENA) commercial vehicle industry analysis, it would reach US$ 6.9 billion in 2023. The market stood at US$ 6.6 billion in 2022.

In 2033, it would surpass US$ 11.4 billion. Future Market Insights predicts the market to expand at 5.1% CAGR from 2023 to 2033.

Demand for heavy-duty commercial vehicles would contribute to about 47% of market share in 2023. It is attributed to increasing investments in logistics and construction activities across the MENA region.

Commercial vehicles are gaining high popularity in MENA countries. They are used in industries such as waste management, mining, construction, and petrochemicals.

The Middle East and Africa will continue to be crucial geographies for expansion of petrochemicals. There is high emphasis on using upstream gas production. Companies are diverting their oil output away from the fuel industry to chemicals.

Commercial vehicle demand would increase significantly across the MENA. Demand for material handling and carrying equipment such as commercial trucks & trailers would expand. Large projects receiving domestic government approval and capital investments in mega locations would boost sales.

The International Energy Agency forecasts a 5-billion-barrel daily rise in the demand for oil for road freight by 2050. Trucks, buses, and trailers play a significant role in transportation of goods, people, and commodities.

Future Market Insights estimates 1/4th of the global market will be held by the commercial truck segment by 2033. New petrochemical projects and oil & gas upstream projects are responsible for the same.

The study reveals that the commercial vehicle industry would create an absolute dollar opportunity of US$ 4.5 billion during the assessment period. Continuous infrastructural development and rising disposable income would support expansion.

Development of carbon-emission-reducing commercial vehicles will be spurred by growing demand for ecologically friendly transportation options. Manufacturers are focusing on developing innovative car designs.

They are also minimizing vehicle size and load considerations. A few automakers are personalizing automobiles in accordance with weight restrictions.

Attributes Key Insights
Middle East/North Africa (MENA) Commercial Vehicles Market Estimated Size (2023E) US$ 6.9 billion
Projected Market Valuation (2033F) US$ 11.4 billion
Value-based CAGR (2023 to 2033) 5.1%
Collective Value Share: Top 5 Countries (2023E) 48.9%

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2018 to 2022 Commercial Vehicles Sales Outlook Compared to Demand Forecast from 2023 to 2033 in Middle East/North Africa

Commercial vehicle demand has been unpredictable over the past five years in Middle East/North Africa. It is attributed to numerous events such as the pandemic crisis and the Russia-Ukraine war.

Between 2018 and 2022, the market witnessed a CAGR of 4.6%. Commercial vehicle manufacturers should benefit from capital expenditure diversification across numerous sectors. These include construction, oil & gas, logistics, tourism, and public infrastructure.

Commercial trucking solutions in the MENA region would grow significantly over the next ten years. It would present substantial prospects for manufacturing businesses. Prominent industry participants are working to create sturdy, long-lasting commercial vehicles.

They are also aiming to develop chassis that can be loaded effectively. Usage of newly created materials such as steel and aluminum alloys would surge.

These materials make the chassis and car bodies robust and durable under harsh load situations. Launch of these materials is possible with material science advancements in manufacturing industries.

Construction and urbanization would contribute to high commercial vehicles sales. Rising residential and commercial construction projects in countries such as Egypt would augment demand.

Domestic governments in MENA countries are looking forward to invest in the construction of massive complexes. They are taking efforts to diversify its economy away from oil.

The Dubai Expo 2020 and associated projects are a few examples of the same. Other constructions such as Kuwait Bridge and Metro in Riyadh, would push commercial vehicles demand. The upcoming Liwa Plastic Industries Complex in Oman would also augment demand.

Comparative View of Adjacent Middle East/North Africa (MENA) Commercial Vehicles Market

Future Market Insights has found a few adjacent markets. The information can be helpful for developing strategies to accelerate business continuity.

Middle East/North Africa (MENA) Commercial Vehicles Market:

Attributes Middle East/North Africa (MENA) Commercial Vehicles Market
CAGR (2023 to 2033) 5.1%
Market Value (2023) US$ 6.9 billion
Growth Factor Emergence of vehicle scrappage programs and rural development plans would accelerate sales.
Key Trend Increasing usage of high-performance commercial trucks by mining and logistics industries would aid demand.

Vehicle Electrification Market:

Attributes Vehicle Electrification Market
CAGR (2022 to 2032) 10.3%
Market Value (2021) US$ 72 billion
Growth Factor High prices of conventional fuel and increasing electric vehicle demand would propel sales.
Key Trend Surging technological developments, including usage of e-axles would accelerate demand.

Vehicle-to-Grid Market:

Attributes Vehicle-to-Grid Market
CAGR (2022 to 2032) 22.6%
Market Value (2022) US$ 2,980.1 million
Growth Factor Grid decentralization and rising demand for charging stations would skyrocket sales.
Key Trend Changing energy sector and high acceptance of electric vehicles in emerging nations would push sales.
Nikhil Kaitwade
Nikhil Kaitwade

Principal Consultant

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Top Middle East/North Africa (MENA) Commercial Vehicles Market Trends

  • Usage of commercial trucks would drive the MENA commercial vehicles market value by 2033.
  • These trucks are strong and powerful on any type of terrain.
  • They can work smoothly in those places where manual movement of materials and goods is not possible.
  • Practical interchangeability of the mountings depends on what is needed for operation and activities at hand. A few common mountings are tippers, tanks, or trailers.
  • This makes it easy for the operator to complete jobs by using a single truck. They do not have to send out numerous trucks for various tasks.
  • The commercial truck market will be driven by need for multi-functional skills to complete all duties efficiently and with accuracy.
  • These vehicles can be used in agricultural fields and construction sites after their operating life gets over. These cannot perform heavy operations due to the overloading of goods after a certain period.
  • It increases product attractiveness among end users.
  • Due to expanding trade operations in MENA, investments in the transportation and logistics industry are surging.
  • The region's governments are also making significant investments in infrastructure development. It would increase commercial vans, trucks, and trailers demand in the region.
  • Countries such as the United Arab Emirates, Saudi Arabia, Kuwait, and Qatar, have seen a rising industrial production. Increasing population and high disposable income would push production.
  • Manufacturing and logistics companies would support the economy going forward.
  • The region would also witness high consumption, rising disposable income, and investments in numerous nations.
  • Demand for transporting solutions in the manufacturing and logistics sectors would hence elevate.
  • For instance, first phase of the Dubai-based Jafza Logistics Park project is expected to be finished in 2023.
Market Statistics Details
Jan to Jun (H1), 2021 (A) 3.30%
Jul to Dec (H2), 2021 (A) 3.70%
Jan to Jun (H1),2022 Projected (P) 3.50%
Jan to Jun (H1),2022 Outlook (O) 4.70%
Jul to Dec (H2), 2022 Outlook (O) 5.50%
Jul to Dec (H2), 2022 Projected (P) 3.90%
Jan to Jun (H1), 2023 Projected (P) 3.80%
BPS Change : H1,2022 (O) to H1,2022 (P) (+) 120
BPS Change : H1,2022 (O) to H1,2021 (A) (+) 140 ↑
BPS Change: H2, 2022 (O) to H2, 2022 (P) (+) 160 ↑
BPS Change: H2, 2022 (O) to H2, 2021 (A) (+) 180

Which Factors May Hinder the MENA Heavy-duty Commercial Vehicle Market?

Strict Government Norms to Control Emissions May Hamper Commercial Vehicle Sales

  • Middle East/North Africa region has been significantly vulnerable to climate change, according to the World Bank.
  • Increased carbon emissions have led to implementation of government norms and rules for automobile manufacturers.
  • Manufacturers face obstacles as a result of increasing government laws and norms.
  • Trucks and commercial vehicles are the main sources of air pollution.
  • They release large amounts of nitrogen oxides, carbon monoxide, and other pollutants into the atmosphere.
  • About a quarter of the airborne hydrocarbons, nitrogen oxides, and carbon monoxide emissions are attributed to transportation.
  • Unchecked chemical emissions from diesel engines degrade the environment.
  • They also constitute a threat to all living things that come into contact with it.
  • To limit pollutants in the environment, domestic governments are introducing new standards for vehicles in MENA.

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Country-wise Insights

Country Saudi Arabia
Market Share (2023) 14.0%
Market Share (2033) 15.0%
BPS Analysis 100
Country United Arab Emirates
Market Share (2023) 5.2%
Market Share (2033) 5.3%
BPS Analysis 10
Country Türkiye
Market Share (2023) 28.4%
Market Share (2033) 27.7%
BPS Analysis -70
Country Egypt
Market Share (2023) 8.2%
Market Share (2033) 8.1%
BPS Analysis -10
Country Morocco
Market Share (2023) 2.2%
Market Share (2033) 2.1%
BPS Analysis -10

Will Saudi Arabia Create New Opportunities for Commercial Vehicle Manufacturers?

Value of Commercial Vehicles to Surge in Saudi Arabia as Urban Infrastructures Develop

The Kingdom of Saudi Arabia has planned several urban infrastructures. It includes logistics and commercial infrastructure. Rising construction activities of trade and logistics are boosting the commercial vehicle industry across the country.

There are several ongoing mega projects and urban infrastructure development plans in the country. These have attracted huge capital investments in the country.

Rising preference for online purchases will augment demand from the e-commerce industry. It would create significant opportunities for the logistics and warehouse sector.

The Kingdom of Saudi Arabia has invested capital expenditures worth US$ 500 billion for a high-tech city project. Similar investments in urban infrastructure development would create rising demand for material handling equipment. It would include commercial vehicles for material transportation.

Why is Commercial Vehicles Demand Rising in Türkiye?

Investments in Material Transportation Equipment in Türkiye to Push Commercial Vehicle Market Value

Türkiye has gained prominence, thanks to its advantageous geopolitical location. Excellent connectivity, business climate, and regulatory framework have created a favorable atmosphere.

The country also has trade agreements and a robust workforce. These have caught the attention of overseas manufacturers. They are looking at Türkiye as a potential nearshore location.

Development of e-commerce will drive investments in regional warehouses and transfer centers. The country's demand for commercial vehicles would accelerate in the next ten years. Rising exports, launch of e-commerce, and the current nearshoring trend would propel sales.

Several public transport infrastructure development projects are ongoing across the country. They include huge public and private investments.

For instance, Türkiye is investing about US$ 190 billion in rail, road, maritime, and air transport & communication infrastructure. Such infrastructure development plans will create new opportunities for material transportation equipment in the country.

What is the Outlook for Commercial Vehicles in the United Arab Emirates?

New Transportation Projects to Demand Small Commercial Vehicles in the United Arab Emirates

Construction sector in the United Arab Emirates is expanding at a rapid pace. It is attributed to the country’s tremendous wealth, sizable market, and long-term development objectives.

There is a sizable pipeline of projects for the United Arab Emirates. These include those for the production of oil & gas. Companies are investing in new projects associated with real estate, utilities, and industrial development.

There will be several new building and transportation projects in the pipeline by 2033. Most of these projects are located in the United Arab Emirates.

Category-wise Insights

Which is the Most Preferred Type of Commercial Vehicle in Middle East/North Africa?

Commercial Truck Market Share to Expand in Middle East/North Africa by 2033

Investments in mining and construction industries would propel over the forecast period. Population growth and economic diversification would fuel need for infrastructure investment. Gradually stabilizing oil prices will further facilitate the awarding of contracts.

Increasing mining operations and construction activities would surge demand for material- carrying equipment, including commercial trucks. Commercial trucks are hence estimated to hold about 70% to 75% of share by 2023.

Which is the Dominant Class Type Segment in Middle East/North Africa?

Heavy-duty Commercial Vehicle Market in Middle East/North Africa to Flourish by 2033

Heavy-duty vehicles would hold a 47% value share in Middle East/North Africa (MENA) commercial vehicles market. Multifunctional characteristics of these vehicles would augment sales.

Easy mounting and demounting of attachment is a significant advantage for this type of vehicle. Various benefits would hence surge demand for heavy duty commercial vehicles.

Competitive Landscape

Prominent vehicle manufacturers are looking for acquisitions and joint ventures. They are trying to penetrate into the market and boost their revenues. Manufacturing companies are also focusing on new infrastructural project launches.

They are increasing investments in public transportation activities. Manufacturing companies are also focusing on new product launches and acquisition strategies.

For instance,

  • In December 2022, Admiral Mobility declared that it would bring 5000 electric commercial vehicles. It joined hands with Geely Farizon New Energy Commercial Vehicle Group. The company will take its first delivery in early 2024. The company wants to keep up with Sustainable Development Goals of the United Arab Emirates.
  • In May 2022, Daimler Truck acquired a stake in German high-tech machinery manufacturer Manz. Both companies agreed on a strategic partnership. The investment of Daimler amounts to around 10% of share capital.

Scope of the Report

Attribute Details
Estimated Market Size (2023) US$ 6.9 billion
Projected Market Valuation (2033) US$ 11.4 billion
Value-based CAGR (2023 to 2033) 5.1%
Historical Data 2018 to 2022
Forecast Period 2023 to 2033
Quantitative Units Value (US$ billion)
Segments Covered
  • Product Type
  • Class Type
  • Country
Regions Covered
  • Middle East
  • Northern Africa
Key Countries Covered
  • United Arab Emirates
  • Türkiye
  • Saudi Arabia
  • Algeria
  • Egypt
  • Morocco
Key Companies Profiled
  • Daimler AG
  • Volvo AB
  • Scania AB
  • Paccar Inc.
  • Navistar International Corp.
  • Hino Motors Ltd.
  • Isuzu Motors Ltd.
  • Dongfeng Motor Corporation
  • FAW Group Corporation
  • Toyota Motor Corporation
  • Ford Motor Company
  • Nissan Motor Company Limited
  • General Motor Company
  • Volkswagen AG
Report Coverage Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis

Middle East/North Africa (MENA) Commercial Vehicles Market Outlook by Category

By Product Type:

  • Trucks
  • Buses
  • Vans
  • Trailers

By Class Type:

  • Light Duty
  • Medium Duty
  • Heavy Duty

By Country:

  • United Arab Emirates
  • Türkiye
  • Saudi Arabia
  • Algeria
  • Egypt
  • Morocco

Frequently Asked Questions

How Big is the Middle East/North Africa (MENA) Commercial Vehicles Market?

The market is valued at US$ 6.9 billion in 2023.

What is Driving the Market Growth?

Increasing investments in logistics and construction activities drive the market.

Which is the Dominant Class Type Segment in the Market?

Demand for heavy-duty commercial vehicle market flourishes by 2033.

What Hinders the Growth of the Market?

Unchecked chemical emissions from diesel engines degrade the environment.

Why is Commercial Vehicles Demand Rising in Türkiye?

Investments in transportation equipment in Türkiye boost the commercial vehicle market.

Table of Content

1. Executive Summary | Middle East/North Africa (MENA) Commercial Vehicles Market

    1.1. MENA Market Outlook

    1.2. Demand Side Trends

    1.3. Supply Side Trends

    1.4. Technology Roadmap

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Key Market Trends

    3.1. Key Trends Impacting the Market

    3.2. Product Innovation / Development Trends

4. Key Success Factors

    4.1. Product Adoption / Usage Analysis

    4.2. Product USPs / Features

    4.3. Strategic Promotional Strategies

5. Market Demand Analysis 2018 to 2022 and Forecast, 2023 to 2033

    5.1. Historical Market Volume (Units) Analysis, 2018 to 2022

    5.2. Current and Future Market Volume (Units) Projections, 2023 to 2033

    5.3. Y-o-Y Growth Trend Analysis

6. Market - Pricing Analysis

    6.1. Regional Pricing Analysis By Product Type

    6.2. MENA Average Pricing Analysis Benchmark

7. Market Demand (in Value or Size in US$ billion) Analysis 2018 to 2022 and Forecast, 2023 to 2033

    7.1. Historical Market Value (US$ billion) Analysis, 2018 to 2022

    7.2. Current and Future Market Value (US$ billion) Projections, 2023 to 2033

        7.2.1. Y-o-Y Growth Trend Analysis

        7.2.2. Absolute $ Opportunity Analysis

8. Market Background

    8.1. Macro-Economic Factors

        8.1.1. MENA GDP Growth Outlook

        8.1.2. MENA Automotive Industry Outlook

        8.1.3. MENA Urbanization Growth Outlook

        8.1.4. MENA Population Growth Outlook

        8.1.5. Other Macro-Economic Factors

    8.2. Forecast Factors - Relevance & Impact

        8.2.1. Top Companies Historical Growth

        8.2.2. New Product Type launches

        8.2.3. Key Regulations

        8.2.4. Other Forecast Factors.

    8.3. Value Chain

        8.3.1. List of Manufacturers

        8.3.2. List of Physical Distributors

        8.3.3. Trade Margins/Profit Margins

    8.4. COVID-19 Crisis – Impact Assessment

        8.4.1. Current Statistics

        8.4.2. Short-Mid-Long Term Outlook

        8.4.3. Likely Rebound

    8.5. Market Dynamics

        8.5.1. Drivers

        8.5.2. Restraints

        8.5.3. Opportunity Analysis

9. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type

    9.1. Introduction / Key Findings

    9.2. Historical Market Size (US$ billion) and Volume Analysis By Product Type, 2018 to 2022

    9.3. Current and Future Market Size (US$ billion) and Volume Analysis and Forecast By Product Type, 2023 to 2033

        9.3.1. Trucks

        9.3.2. Buses

        9.3.3. Vans

        9.3.4. Trailers

    9.4. Market Attractiveness Analysis By Product Type

10. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Class Type

    10.1. Introduction / Key Findings

    10.2. Historical Market Size (US$ billion) and Volume Analysis By Class Type, 2018 to 2022

    10.3. Current and Future Market Size (US$ billion) and Volume Analysis and Forecast By Class Type, 2023 to 2033

        10.3.1. Light Duty

        10.3.2. Medium Duty

        10.3.3. Heavy Duty

    10.4. Market Attractiveness Analysis By Class Type

11. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region

    11.1. Introduction

    11.2. Historical Market Size (US$ billion) and Volume Analysis by Region, 2018 to 2022

    11.3. Current Market Size (US$ billion) and Volume Analysis and Forecast by Region, 2023 to 2033

        11.3.1. Middle East

        11.3.2. Northern Africa

    11.4. Market Attractiveness Analysis by Region

12. Middle East Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    12.1. Introduction

    12.2. Pricing Analysis

    12.3. Historical Market Size (US$ billion) and Volume Trend Analysis by Market Taxonomy, 2018 to 2022

    12.4. Market Size (US$ billion) and Volume Forecast by Market Taxonomy, 2023 to 2033

        12.4.1. By Country

            12.4.1.1. Kingdom of Saudi Arabia

            12.4.1.2. United Arab Emirates

            12.4.1.3. Türkiye

            12.4.1.4. Rest of the Middle East

        12.4.2. By Product Type

        12.4.3. By Class Type

    12.5. Market Attractiveness Analysis

        12.5.1. By Country

        12.5.2. By Product Type

        12.5.3. By Class Type

13. Northern Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    13.1. Introduction

    13.2. Pricing Analysis

    13.3. Historical Market Size (US$ billion) and Volume Trend Analysis by Market Taxonomy, 2018 to 2022

    13.4. Market Size (US$ billion) and Volume Forecast by Market Taxonomy, 2023 to 2033

        13.4.1. By Country

            13.4.1.1. Algeria

            13.4.1.2. Egypt

            13.4.1.3. Morocco

            13.4.1.4. Rest of Northern Africa

        13.4.2. By Product Type

        13.4.3. By Class Type

    13.5. Market Attractiveness Analysis

        13.5.1. By Country

        13.5.2. By Product Type

        13.5.3. By Class Type

14. Country Wise Market Analysis

    14.1. Introduction

        14.1.1. Market Value Proportion Analysis, By Key Countries

        14.1.2. Middle East/North Africa (MENA) Vs. Country Growth Comparison

    14.2. Kingdom of Saudi Arabia Commercial Vehicles Market Analysis

        14.2.1. By Product Type

        14.2.2. By Class Type

    14.3. Türkiye Commercial Vehicles Market Analysis

        14.3.1. By Product Type

        14.3.2. By Class Type

    14.4. United Arab Emirates Commercial Vehicles Market Analysis

        14.4.1. By Product Type

        14.4.2. By Class Type

    14.5. Algeria Commercial Vehicles Market Analysis

        14.5.1. By Product Type

        14.5.2. By Class Type

    14.6. Egypt Commercial Vehicles Market Analysis

        14.6.1. By Product Type

        14.6.2. By Class Type

    14.7. Morocco Commercial Vehicles Market Analysis

        14.7.1. By Product Type

        14.7.2. By Class Type

15. Market Structure Analysis

    15.1. Market Analysis by Tier of Companies (Commercial Vehicles)

    15.2. Market Share Analysis of Top Players

    15.3. Market Presence Analysis

16. Competition Analysis

    16.1. Competition Dashboard

    16.2. Competition Benchmarking

    16.3. Competition Deep Dive

        16.3.1. Daimler AG

            16.3.1.1. Overview

            16.3.1.2. Product Portfolio

            16.3.1.3. Profitability by Market Segments (Product/Channel/Region)

            16.3.1.4. Sales Footprint

            16.3.1.5. Strategy Overview

        16.3.2. Volvo AB

            16.3.2.1. Overview

            16.3.2.2. Product Portfolio

            16.3.2.3. Profitability by Market Segments (Product/Channel/Region)

            16.3.2.4. Sales Footprint

            16.3.2.5. Strategy Overview

        16.3.3. Scania AB

            16.3.3.1. Overview

            16.3.3.2. Product Portfolio

            16.3.3.3. Profitability by Market Segments (Product/Channel/Region)

            16.3.3.4. Sales Footprint

            16.3.3.5. Strategy Overview

        16.3.4. Paccar Inc.

            16.3.4.1. Overview

            16.3.4.2. Product Portfolio

            16.3.4.3. Profitability by Market Segments (Product/Channel/Region)

            16.3.4.4. Sales Footprint

            16.3.4.5. Strategy Overview

        16.3.5. Navistar International Corp.

            16.3.5.1. Overview

            16.3.5.2. Product Portfolio

            16.3.5.3. Profitability by Market Segments (Product/Channel/Region)

            16.3.5.4. Sales Footprint

            16.3.5.5. Strategy Overview

        16.3.6. Hino Motors Ltd.

            16.3.6.1. Overview

            16.3.6.2. Product Portfolio

            16.3.6.3. Profitability by Market Segments (Product/Channel/Region)

            16.3.6.4. Sales Footprint

            16.3.6.5. Strategy Overview

        16.3.7. Isuzu Motors Ltd.

            16.3.7.1. Overview

            16.3.7.2. Product Portfolio

            16.3.7.3. Profitability by Market Segments (Product/Channel/Region)

            16.3.7.4. Sales Footprint

            16.3.7.5. Strategy Overview

        16.3.8. Dongfeng Motor Corporation

            16.3.8.1. Overview

            16.3.8.2. Product Portfolio

            16.3.8.3. Profitability by Market Segments (Product/Channel/Region)

            16.3.8.4. Sales Footprint

            16.3.8.5. Strategy Overview

        16.3.9. FAW Group Corporation

            16.3.9.1. Overview

            16.3.9.2. Product Portfolio

            16.3.9.3. Profitability by Market Segments (Product/Channel/Region)

            16.3.9.4. Sales Footprint

            16.3.9.5. Strategy Overview

        16.3.10. Toyota Motor Corporation

            16.3.10.1. Overview

            16.3.10.2. Product Portfolio

            16.3.10.3. Profitability by Market Segments (Product/Channel/Region)

            16.3.10.4. Sales Footprint

            16.3.10.5. Strategy Overview

        16.3.11. Ford Motor Company

            16.3.11.1. Overview

            16.3.11.2. Product Portfolio

            16.3.11.3. Profitability by Market Segments (Product/Channel/Region)

            16.3.11.4. Sales Footprint

            16.3.11.5. Strategy Overview

        16.3.12. Nissan Motor Company Limited

            16.3.12.1. Overview

            16.3.12.2. Product Portfolio

            16.3.12.3. Profitability by Market Segments (Product/Channel/Region)

            16.3.12.4. Sales Footprint

            16.3.12.5. Strategy Overview

        16.3.13. General Motor Company

            16.3.13.1. Overview

            16.3.13.2. Product Portfolio

            16.3.13.3. Profitability by Market Segments (Product/Channel/Region)

            16.3.13.4. Sales Footprint

            16.3.13.5. Strategy Overview

        16.3.14. Volkswagen AG

            16.3.14.1. Overview

            16.3.14.2. Product Portfolio

            16.3.14.3. Profitability by Market Segments (Product/Channel/Region)

            16.3.14.4. Sales Footprint

            16.3.14.5. Strategy Overview

17. Assumptions and Acronyms Used

18. Research Methodology

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List of Tables

Table 1: Market Value (US$ billion) and Volume (Units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Product Type

Table 2: Market Value (US$ billion) and Volume (Units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Class Type

Table 3: Market Size (US$ billion) and Volume (Units) Forecast by Region, 2018 to 2033

Table 4: Middle East Commercial Vehicles Market Size (US$ billion) and Volume (Units) Forecast by Country, 2018 to 2033

Table 5: Middle East Commercial Vehicles Market Value (US$ billion) and Volume (Units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Product Type

Table 6: Middle East Commercial Vehicles Market Value (US$ billion) and Volume (Units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Class Type

Table 7: Northern Africa Commercial Vehicles Market Size (US$ billion) and Volume (Units) Forecast by Country, 2018 to 2033

Table 8: Northern Africa Commercial Vehicles Market Value (US$ billion) and Volume (Units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Product Type

Table 9: Northern Africa Commercial Vehicles Market Value (US$ billion) and Volume (Units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Class Type
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List of Charts

Figure 01: Market Historical Volume (Units), 2018 to 2022

Figure 02: Market Volume (Units) Forecast, 2023 to 2033

Figure 03: Market Pricing Analysis (Product Type Segment, US$ per Unit, 2022)

Figure 04: Market Price Deviation by Product Type Segment, 2022

Figure 05: Market Historical Value (US$ billion) & Y-o-Y Growth (%), 2018 to 2022

Figure 06: Market Value (US$ billion) Forecast & Y-o-Y Growth (%), 2023 to 2033

Figure 07: Market Absolute $ Opportunity, 2018 to 2033

Figure 08: Market Value Share by Product Type, 2023

Figure 09: Market Value (US$ billion) Forecast by Product Type 2023 to 2033

Figure 10: Market Share and BPS Analysis by Product Type- 2023 & 2033

Figure 11: Market Y-o-Y Growth Projections by Product Type, 2023 to 2033

Figure 12: Market Attractiveness by Product Type, 2023 to 2033

Figure 13: Market Absolute $ Opportunity by Trucks Segment

Figure 14: Market Absolute $ Opportunity by Buses Segment

Figure 15: Market Absolute $ Opportunity by Vans Segment

Figure 16: Market Absolute $ Opportunity by Trailers Segment

Figure 17: Market Share and BPS Analysis by Class Type- 2023 & 2033

Figure 18: Market Value Share by Class Type, 2023

Figure 19: Market Value (US$ billion) Forecast by Class Type 2023 to 2033

Figure 20: Market Y-o-Y Growth Projections by Class Type, 2023 to 2033

Figure 21: Market Attractiveness by Class Type, 2023 to 2033

Figure 22: Market Absolute $ Opportunity by Light Duty

Figure 23: Market Absolute $ Opportunity by Medium Duty

Figure 24: Market Absolute $ Opportunity by Heavy Duty Segment

Figure 25: Market Value Share by Application, 2023

Figure 26: Market Share and BPS Analysis by Region

Figure 27: Market Y-o-Y Growth Projections by Region, 2023 to 2033

Figure 28: Market Attractiveness Analysis by Region, 2023 to 2033

Figure 29: Market Absolute $ Opportunity by Middle East, 2018 to 2023 and 2033

Figure 30: Market Absolute $ Opportunity by Northern Africa, 2018 to 2023 and 2033

Figure 31: Middle East Commercial Vehicles Market Share and BPS Analysis by Country

Figure 32: Middle East Commercial Vehicles Market Y-o-Y Growth Projections by Country, 2023 to 2033

Figure 33: Middle East Commercial Vehicles Market Attractiveness Analysis by Country, 2023 to 2033

Figure 34: Middle East Commercial Vehicles Market Absolute $ Opportunity by the Saudi Arabia , 2018 to 2023 and 2033

Figure 35: Middle East Commercial Vehicles Market Absolute $ Opportunity by the United Arab Emirates , 2018 to 2023 and 2034

Figure 36: Middle East Commercial Vehicles Market Absolute $ Opportunity by the Türkiye, 2018 to 2023 and 2035

Figure 37: Middle East Commercial Vehicles Market Absolute $ Opportunity by the Rest of Middle East , 2018 to 2023 and 2033

Figure 38: Middle East Commercial Vehicles Market Share and BPS Analysis by Product Type- 2023 & 2033

Figure 39: Middle East Commercial Vehicles Market Y-o-Y Growth Projections by Product Type, 2022 to 2033

Figure 40: Middle East Commercial Vehicles Market Attractiveness by Product Type, 2023 to 2033

Figure 41: Middle East Commercial Vehicles Market Share and BPS Analysis by Class Type- 2023 & 2033

Figure 42: Middle East Commercial Vehicles Market Y-o-Y Growth Projections by Class Type, 2022 to 2033

Figure 43: Middle East Commercial Vehicles Market Attractiveness by Class Type, 2023 to 2033

Figure 44: Northern Africa Commercial Vehicles Market Share and BPS Analysis by Country

Figure 45: Northern Africa Commercial Vehicles Market Y-o-Y Growth Projections by Country, 2023 to 2033

Figure 46: Northern Africa Commercial Vehicles Market Attractiveness Analysis by Country, 2023 to 2033

Figure 47: Northern Africa Commercial Vehicles Market Absolute $ Opportunity by the Algeria, 2018 to 2023 and 2033

Figure 48: Northern Africa Commercial Vehicles Market Absolute $ Opportunity by the Egypt, 2018 to 2023 and 2033

Figure 49: Northern Africa Commercial Vehicles Market Absolute $ Opportunity by the Morocco, 2018 to 2023 and 2033

Figure 50: Northern Africa Commercial Vehicles Market Absolute $ Opportunity by the Rest of Northern Africa, 2018 to 2023 and 2033

Figure 51: Northern Africa Commercial Vehicles Market Share and BPS Analysis by Product Type- 2023 & 2033

Figure 52: Northern Africa Commercial Vehicles Market Y-o-Y Growth Projections by Product Type, 2022 to 2033

Figure 53: Northern Africa Commercial Vehicles Market Attractiveness by Product Type, 2023 to 2033

Figure 54: Northern Africa Commercial Vehicles Market Share and BPS Analysis by Class Type- 2023 & 2033

Figure 55: Northern Africa Commercial Vehicles Market Y-o-Y Growth Projections by Class Type, 2022 to 2033

Figure 56: Northern Africa Commercial Vehicles Market Attractiveness by Class Type, 2023 to 2033

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Published : February 2024

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Middle East/North Africa (MENA) Commercial Vehicles Market