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MENA Commercial Vehicles (Trucks) Market

Market Insights on MENA Commercial Vehicles (Trucks) covering sales outlook, demand forecast & up-to-date key trends

MENA Commercial Vehicles (Trucks) Market by Class Type (Light Duty, Medium Duty, Heavy Duty) & Region - Forecast 2022-2027

Commercial Vehicle (Truck) Market Outlook For 2022-2027

[187 Pages Report] The MENA commercial vehicles (trucks) market is projected to expand at 3.4% CAGR, in terms of volume between 2022 and 2027. Sales of commercial vehicles (trucks) in MENA will reach US$ 6.57 Mn by the end of 2022.

MENA Commercial Vehicles Market Base Year Value (2021A)

US$ 6.26 Bn

MENA Commercial Vehicles Market Estimated Year Value (2022E)

US$ 6. 57 Bn

MENA Commercial Vehicles Market Projected Year Value (2027F)

US$ 8. 55 Bn

MENA Commercial Vehicles Market Value CAGR (2022-2027)

5.2%

Collective Value Share: Top 2 Countries (2022E)

35.8%

Commercial vehicles are types of motorized vehicles used primarily for the transportation of goods, passengers (bus), or fuel tanks. Besides these, they are used in the construction sector for various activities. These vehicles have a gross vehicle weight rating of over 26,001 pounds and are designed to transport 15 or more passengers, including the driver.

The demand for commercial vehicles is poised to surge in regions exhibiting expansion of construction activities. Regionally, the Middle East is expected to remain a key market for commercial vehicles over the forecast period.

Growth recorded in the market is underpinned by the increasing demand for heavy duty commercial vehicles from various industries. Sales in Middle East are expected to increase at 5.3% CAGR, in terms of value during the forecast period.

Growing popularity of autonomous commercial vehicles coupled with increasing investments in developing and expanding public infrastructure across countries like Saudi Arabia and Turkey is emerging as a key factor spurring the growth of MENA commercial vehicles market.

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How The Market Progressed Till June 2022?

Market Statistics

Details

H1,2021 (A)

4.8%

H1,2022 Projected (P)

4.8%

H1,2022 Outlook (O)

4.9%

BPS Change : H1,2022 (O) - H1,2022 (P)

(+) 13 ↑

BPS Change : H1,2022 (O) - H1,2021 (A)

(+) 9 ↑

Every six months, FMI offers a comparative analysis of the pace of growth of the MENA region's commercial vehicle market. It is predicted that for the projection period, the market for commercial vehicles would rise in tandem with the expansion of construction activities.

The market for commercial vehicles in the MENA region is expanding as a result of the rising popularity of autonomous trucks and the increased funding being allocated to building and extending public infrastructure in nations like Saudi Arabia and Turkey.

The MENA Commercial vehicles are predicted to rise by 4.8 percent in the first half of 2021, up 9 basis points from the first half of 2022, according to FMI data. The growth of numerous industries, including petrochemicals, waste management, mining, and construction, has had an impact on the market's expansion.

Commercial vehicles are increasingly favored over other forms of transportation because of their high productivity and versatility in pick-and-drop operations. For markets to function correctly, raw materials and other minerals must be delivered.

Despite the MENA region experiencing tremendous growth, the market for commercial vehicles may be negatively impacted by declines in economic output, political unrest in the region, and rising inflation rates brought on by the economic crisis in North African nations.

2012-2021 Commercial Vehicles (Trucks) Market Outlook Compared To 2022-2027 Forecast

Future Market Insights (FMI) opines that the MENA commercial vehicle market is expected to gain traction due to expansion of various sectors such as construction, mining, petrochemicals, and waste management.

Because of their high productivity and ability to perform a variety of pick-and-drop activities, commercial vehicles are increasingly being favored over other modes of transportation.

Delivery of raw materials and other minerals is important for the markets to run properly. For instance, application of commercial trucks will soar in tandem with the expansion of mining sector in MENA.

MENA Commercial Vehicles (Trucks) Market Download Report Brochure

Besides this, the expansion of the waste management industry will also have a favourable impact on the MENA commercial vehicle (trucks) market. Households, industries, commercial, and the construction industries will exhibit high demand for commercial trucks to transport waste generated over time.

As commercial trucks are suitable and cost-effective for handling massive volume of waste, demand in the aforementioned industries will improve growth in the market.

Similarly, growing popularity of rented commercial vehicles will further expand the size of MENA commercial vehicles market in the future.

These factors are expected to boost the commercial vehicles market in the Middle East and Northern Africa. As per the study, the MENA commercial vehicles market is estimated to be valued at nearly US$ 6.57 Bn in the year 2022 and is likely to reach US$ 8.55 Bn by the end of 2027.

How Will Product Innovation Boost The MENA Commercial Vehicles Market?

Various industries are opting for smart vehicles such as vehicles fitted with sensors, improved diagnostics, and automation. Commercial vehicle manufacturers are capitalizing on this trend by investing in R&D and product innovation in telematics systems.

This trend is also projected to gain traction in the MENA market, creating substantial growth opportunities for sales of commercial vehicles over the coming years. In addition, new and innovative components are being introduced into the driver cabins in commercial vehicles such as Electronic Logging Device (ELD), Voice Command, making the task of the driver easier.

Furthermore, development of new high-strength steel and truck bodywork that can survive very high temperatures across the MENA region will further boost the growth of MENA commercial vehicles market in future.

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Principal Consultant
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A key factor for our unrivaled market research accuracy is our expert- and data-driven research methodologies. We combine an eclectic mix of experience, analytics, machine learning, and data science to develop research methodologies that result in a multi-dimensional, yet realistic analysis of a market.

What Are The Key Trends Influencing The Commercial Vehicles (Trucks) Market?

Leading market participants are investing extensively in research and development, for incorporating innovative features into commercial vehicles such as autonomous trucks. With advancements in automation and research, manufacturers have developed commercial vehicles that offer robotic functioning to assist tough mining and construction tasks.

Rising demand for autonomous commercial vehicles will therefore provide a strong thrust to the growth of MENA commercial vehicles market during the forecast period.

For instance, Komatsu's have developed its latest design, the Innovative Autonomous Haulage Vehicle (IAHV), which is a 27-foot-wide, 49-foot-long vehicle with a massive 2700 HP engine that has replaced the other pick-and-carry vehicles.

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Country-Wise Insights

What is the Turkey Commercial Vehicle Market Outlook?

“Exponential Growth of Mining Industry Pushing Commercial Vehicle Sales in Turkey”

The commercial vehicles (trucks) market in Middle East is estimated to be valued at nearly US$ 1.65 Bn in 2022. Turkey is expected to lead the commercial vehicle market in Middle East, surpassing US$ 2.13 Bn in 2027.

In terms of volume, demand for commercial vehicles (trucks) in Turkey will increase by considerably between 2022 and 2027. The country is a major producer of many industrial minerals including boron minerals.

The commercial vehicles market is expected to grow at a substantial rate owing to the expansion of mining sector in Turkey. Wide variety of primary metallic minerals and a significant amount of lignite is produced in the country. The export of these minerals across borders is driving the growth of the market

Will Saudi Arabia be a Lucrative Pocket for Commercial Vehicles?

“Rising Government Investments in Public Infrastructure Development and Expansion of End-Use Industries Driving Demand in Saudi Arabia”

Sales of commercial vehicle in Saudi Arabia are expected to grow significantly, estimates Future Market Insights. Need for trucks, buses, and vans in the country is directly proportional to the stability of crude oil prices.

Further, implementation of favourable government policies, and rising infrastructure building and logistics business will also fuel the growth in the market.

Saudi Arabia's commercial vehicle market is expanding owing to the strong infrastructure expansions and increasing building activity, which has resulted in increased logistical requirements. Moreover, flourishing oil & gas industry across the country is generating enormous demand for heavy duty trucks.

Other factors expected to favorably affect the commercial vehicles market in Saudi Arabia include an increase in the number of smart city initiatives, growing population, and rising sales of autonomous commercial vehicles.

Category-Wise Insights

Why are Heavy Duty Trucks Gaining Traction?

Rapid Expansion of Industries Creating Sales Prospects for Heavy Duty Trucks

Expansion of industrial sectors in emerging markets, rising demand from the logistics industry, and rising demand from the construction sector are some of the primary drivers driving the growth of the heavy-duty trucks segment.

Due to development of commercial sector across the globe, sales of heavy-duty trucks are slated to grow at a substantial pace over the coming years. The heavy duty segment is estimated to be valued at nearly US$ 4,064.5 Mn in 2022 and is likely to reach US$ 5,269.4 Mn in 2027, exhibiting a CAGR of 5.3%.

Competitive Landscape

Over the past few years, increment in the number of acquisitions and expansion activities has positively impacted the growth of commercial vehicles (trucks) market. Several key players are also focusing on improving quality of commercial vehicles for various applications.

Besides this, they are adopting growth strategies such as partnerships, acquisitions, agreements and collaborations to expand their global footprint.

For Instance,

  • In 2020, Renault Trucks partners with SUEZ to provide electric trucks for waste collection.
  • In 2018, Volkswagen Truck & Bus and Hino Motors agreed to enter into a strategic partnership.

Scope of Report

The Future Market Insights analysis examines the sales prospects of commercial vehicles across leading MENA regions. Commercial vehicles based on class type scoring high in consumers’ mind have been identified, while factors supporting their dominance are analyzed in detail.

The report provides valuable insights into growth drivers, opportunities and trends prevalent exclusively in key regionals pockets like Saudi Arabia and Turkey.

It offers reliable answers to queries like Will Turkey retain its dominance in MENA commercial vehicles market? Which factors are pushing sales in Saudi Arabia? and How is expansion of industries like building and construction across MENA affecting market growth? The report enriches customer experience with its reliable and comprehensive details.

Strategies adopted by commercial vehicle manufacturers to comply with specific geographic trends are thoroughly examined. The report also offers a detailed competitive assessment, profiling some of the leading commercial vehicle manufacturers, and gauging the impact of their strategies on MENA commercial vehicles market.

The MENA Commercial Vehicles (Trucks) market analysis includes:

  • A 5-year realistic commercial vehicle sales forecast across MENA
  • Market dynamics including drivers, restraints and opportunities
  • An in-depth analysis of latest developments, market trends and their impact on MENA commercial vehicles market growth
  • Valuable insights into consumer demands and sales prospects
  • A comprehensive analysis of leading market segments

Attribute

Details

Forecast Period

2022-2027

Historical Data Available for

2012-2021

Market Analysis

USD Million for Value and Unit for Volume

Report Coverage

Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

Key Segments Covered

  • Class Type
  • Region

Key regions covered

  • North America
    • US
    • Canada
    • Rest of North America
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Rest of Latin America
  • Western Europe
    • Germany
    • U.K.
    • France
    • Rest of Western Europe
  • Eastern Europe
    • Russia
    • Spain
    • Rest of Eastern Europe
  • South Asia Pacific
    • China
    • India
    • Japan
    • Malaysia
    • Thailand
    • Indonesia
    • South Korea
    • Rest of South Asia & Pacific
  • Middle East & Africa
    • GCC Countries
    • Turkey
    • Israel
    • Rest of MEA
  • Rest of the World Oceania
    • Africa
    • South America

Class Type

  • Light Duty
  • Medium Duty
  • Heavy Duty

Key Companies Covered

Daimler AG, AB Volvo, Scania AB, Paccar Inc., MAN SE, 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

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Commercial Vehicles (Trucks) Market by Category

By Class Type:

  • Light Duty
    • Up to 2.5 Tons
    • 2.5 T – 4.5 T
    • 4.5 T – 6.5 T
  • Medium Duty
    • 6.5 T – 7.5 T
    • 7.5 T – 9 T
    • 9 T – 12 T
  • Heavy Duty
    • 12 T – 15 T
    • 15 T & Above

By Region:

  • Middle East
  • Northern Africa

Frequently Asked Questions

The commercial vehicles (trucks) market is expected to total US$ 6.57 Bn in 2022.

The commercial vehicles (trucks) market is projected to exhibit growth rate at 5.2% CAGR between 2022 and 2027.

Daimler AG, Isuzu, Volvo AB., MAN SE., Scania AB. are identified as leading players in commercial vehicles market. They, collectively, are anticipated to account for 30% to 40% of the global market share.

The demand in Saudi Arabia is expected to increase at 4.8% CAGR between 2022 and 2027.

Increasing focus on strategic expansion by acquisitions undertaken by leading players is anticipated to shape the market in the coming years. Further, emergence of new players especially in Saudi Arabia is also expected to impact the market dynamics.

Table of Content

1. Market Introduction

    1.1. Market Taxonomy

    1.2. Market Definition

    1.3. Parent Market Overview

2. Market View Point

    2.1. Macro-Economic Factors

        2.1.1. MENA Industry Value Added

        2.1.2. MENA GDP Growth Outlook

        2.1.3. MENA Commercial Vehicle (Trucks) Supply and Demand Scenario

    2.2. Opportunity Analysis

3. Saudi Arabia Commercial Vehicle (Trucks) Market Analysis 2012–2021 and Forecast 2022–2027

    3.1. Introduction

    3.2. Key Regulations

    3.3. Pricing Analysis

    3.4. Regional Market Dynamics

        3.4.1. Drivers

        3.4.2. Restraints

        3.4.3. Trends

    3.5. Historical Market Size (US$ Mn) and Volume (Units) Trend Analysis By Class Type, 2012–2021

        3.5.1. Light Duty

            3.5.1.1. Up to 2.5 Tons

            3.5.1.2. 2.5 T – 4.5 T

            3.5.1.3. 4.5 T – 6.5 T

        3.5.2. Medium Duty

            3.5.2.1. 6.5 T – 7.5 T

            3.5.2.2. 7.5 T – 9 T

            3.5.2.3. 9 T – 12 T

        3.5.3. Heavy Duty

            3.5.3.1. 12 T – 15 T

            3.5.3.2. 15 T & Above

    3.6. Market Size (US$ Mn) and Volume (Units) Forecast By Class Type, 2022–2027

        3.6.1. Light Duty

            3.6.1.1. Up to 2.5 Tons

            3.6.1.2. 2.5 T – 4.5 T

            3.6.1.3. 4.5 T – 6.5 T

        3.6.2. Medium Duty

            3.6.2.1. 6.5 T – 7.5 T

            3.6.2.2. 7.5 T – 9 T

            3.6.2.3. 9 T – 12 T

        3.6.3. Heavy Duty

            3.6.3.1. 12 T – 15 T

            3.6.3.2. 15 T & Above

    3.7. Market Attractiveness Analysis

        3.7.1. By Class Type

    3.8. Key Representative Market Participants

    3.9. Market Presence (Intensity Map)

4. Turkey Commercial Vehicle (Trucks) Market Analysis 2012–2021 and Forecast 2022–2027

    4.1. Introduction

    4.2. Key Regulations

    4.3. Pricing Analysis

    4.4. Regional Market Dynamics

        4.4.1. Drivers

        4.4.2. Restraints

        4.4.3. Trends

    4.5. Historical Market Size (US$ Mn) and Volume (Units) Trend Analysis By Class Type, 2012–2021

        4.5.1. Light Duty

            4.5.1.1. Up to 2.5 Tons

            4.5.1.2. 2.5 T – 4.5 T

            4.5.1.3. 4.5 T – 6.5 T

        4.5.2. Medium Duty

            4.5.2.1. 6.5 T – 7.5 T

            4.5.2.2. 7.5 T – 9 T

            4.5.2.3. 9 T – 12 T

        4.5.3. Heavy Duty

            4.5.3.1. 12 T – 15 T

            4.5.3.2. 15 T & Above

    4.6. Market Size (US$ Mn) and Volume (Units) Forecast By Class Type, 2022–2027

        4.6.1. Light Duty

            4.6.1.1. Up to 2.5 Tons

            4.6.1.2. 2.5 T – 4.5 T

            4.6.1.3. 4.5 T – 6.5 T

        4.6.2. Medium Duty

            4.6.2.1. 6.5 T – 7.5 T

            4.6.2.2. 7.5 T – 9 T

            4.6.2.3. 9 T – 12 T

        4.6.3. Heavy Duty

            4.6.3.1. 12 T – 15 T

            4.6.3.2. 15 T & Above

    4.7. Market Attractiveness Analysis

        4.7.1. By Class Type

    4.8. Key Representative Market Participants

    4.9. Market Presence (Intensity Map)

5. Rest of Middle East Commercial Vehicle (Trucks) Market Analysis 2012–2021 and Forecast 2022–2027

    5.1. Introduction

    5.2. Key Regulations

    5.3. Pricing Analysis

    5.4. Regional Market Dynamics

        5.4.1. Drivers

        5.4.2. Restraints

        5.4.3. Trends

    5.5. Historical Market Size (US$ Mn) and Volume (Units) Trend Analysis By Class Type, 2012–2021

        5.5.1. Light Duty

            5.5.1.1. Up to 2.5 Tons

            5.5.1.2. 2.5 T – 4.5 T

            5.5.1.3. 4.5 T – 6.5 T

        5.5.2. Medium Duty

            5.5.2.1. 6.5 T – 7.5 T

            5.5.2.2. 7.5 T – 9 T

            5.5.2.3. 9 T – 12 T

        5.5.3. Heavy Duty

            5.5.3.1. 12 T – 15 T

            5.5.3.2. 15 T & Above

    5.6. Market Size (US$ Mn) and Volume (Units) Forecast By Class Type, 2022–2027

        5.6.1. Light Duty

            5.6.1.1. Up to 2.5 Tons

            5.6.1.2. 2.5 T – 4.5 T

            5.6.1.3. 4.5 T – 6.5 T

        5.6.2. Medium Duty

            5.6.2.1. 6.5 T – 7.5 T

            5.6.2.2. 7.5 T – 9 T

            5.6.2.3. 9 T – 12 T

        5.6.3. Heavy Duty

            5.6.3.1. 12 T – 15 T

            5.6.3.2. 15 T & Above

    5.7. Market Attractiveness Analysis

        5.7.1. By Class Type

    5.8. Key Representative Market Participants

    5.9. Market Presence (Intensity Map)

6. Northern Africa Commercial Vehicle (Trucks) Market Analysis 2012–2021 and Forecast 2022–2027

    6.1. Introduction

    6.2. Key Regulations

    6.3. Pricing Analysis

    6.4. Regional Market Dynamics

        6.4.1. Drivers

        6.4.2. Restraints

        6.4.3. Trends

    6.5. Historical Market Size (US$ Mn) and Volume (Units) Trend Analysis By Class Type, 2012–2021

        6.5.1. Light Duty

            6.5.1.1. Up to 2.5 Tons

            6.5.1.2. 2.5 T – 4.5 T

            6.5.1.3. 4.5 T – 6.5 T

        6.5.2. Medium Duty

            6.5.2.1. 6.5 T – 7.5 T

            6.5.2.2. 7.5 T – 9 T

            6.5.2.3. 9 T – 12 T

        6.5.3. Heavy Duty

            6.5.3.1. 12 T – 15 T

            6.5.3.2. 15 T & Above

    6.6. Market Size (US$ Mn) and Volume (Units) Forecast By Class Type, 2022–2027

        6.6.1. Light Duty

            6.6.1.1. Up to 2.5 Tons

            6.6.1.2. 2.5 T – 4.5 T

            6.6.1.3. 4.5 T – 6.5 T

        6.6.2. Medium Duty

            6.6.2.1. 6.5 T – 7.5 T

            6.6.2.2. 7.5 T – 9 T

            6.6.2.3. 9 T – 12 T

        6.6.3. Heavy Duty

            6.6.3.1. 12 T – 15 T

            6.6.3.2. 15 T & Above

    6.7. Market Attractiveness Analysis

        6.7.1. By Class Type

    6.8. Key Representative Market Participants

    6.9. Market Presence (Intensity Map)

7. Forecast Factors: Relevance and Impact

8. Forecast Assumptions & Acronyms

9. Competition Landscape

    9.1. Market Structure

    9.2. Market Share Analysis

    9.3. Competition Intensity Mapping By Market Taxonomy

    9.4. Competition Dashboard

    9.5. Company Profiles (Details – Overview, Financials, Strategy, Recent Developments)

        9.5.1. Daimler AG

        9.5.2. AB Volvo

        9.5.3. Scania AB

        9.5.4. Paccar Inc.

        9.5.5. MAN SE

        9.5.6. Navistar International Corp.

        9.5.7. Hino Motors, Ltd.

        9.5.8. Isuzu Motors Ltd.

        9.5.9. Dongfeng Motor Corporation

        9.5.10. FAW Group Corporation

        9.5.11. Toyota Motor Corporation

        9.5.12. Ford Motor Company

        9.5.13. Nissan Motor Company Limited

        9.5.14. General Motor Company

        9.5.15. Volkswagen AG

10. MENA Commercial Vehicle (Trucks) Market Analysis 2012–2021 and Forecast 2022–2027 By Region

    10.1. Introduction

    10.2. Market Size (US$ Mn) and Volume Forecast By Region

        10.2.1. Middle East

            10.2.1.1. Saudi Arabia

            10.2.1.2. Turkey

            10.2.1.3. Rest of Middle East

        10.2.2. Northern Africa

    10.3. Market Attractiveness Analysis By Region

    10.4. Market Trend

11. MENA Commercial Vehicle (Trucks) Market Analysis 2012–2021 and Forecast 2022–2027, By Class Type

    11.1. Introduction

    11.2. Historical Market Size (US$ Mn) and Volume (Units) Trend Analysis By Class Type, 2012–2021

        11.2.1. Light Duty

            11.2.1.1. Up to 2.5 Tons

            11.2.1.2. 2.5 T – 4.5 T

            11.2.1.3. 4.5 T – 6.5 T

        11.2.2. Medium Duty

            11.2.2.1. 6.5 T – 7.5 T

            11.2.2.2. 7.5 T – 9 T

            11.2.2.3. 9 T – 12 T

        11.2.3. Heavy Duty

            11.2.3.1. 12 T – 15 T

            11.2.3.2. 15 T & Above

    11.3. Market Size (US$ Mn) and Volume (Units) Forecast By Class Type, 2022–2027

        11.3.1. Light Duty

            11.3.1.1. Upto 2.5 Tonnes

            11.3.1.2. 2.5 T – 4.5 T

            11.3.1.3. 4.5 T – 6.5 T

        11.3.2. Medium Duty

            11.3.2.1. 6.5 T – 7.5 T

            11.3.2.2. 7.5 T – 9 T

            11.3.2.3. 9 T – 12 T

        11.3.3. Heavy Duty

            11.3.3.1. 12 T – 15 T

            11.3.3.2. 15 T & Above

    11.4. Market Attractiveness Analysis By Class Type

    11.5. Market Trends

12. MENA Commercial Vehicle (Trucks) Market Analysis 2012–2021 and Forecast 2022–2027

    12.1. Market Volume Projections

    12.2. Market Size and Y-o-Y Growth

    12.3. Absolute $ Opportunity

    12.4. Value Chain

13. Research Methodology

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List of Tables

Table 01: Saudi Arabia Commercial Vehicles (Trucks) Market Value (US$ Mn) By Class Type, 2012–2027

Table 02: Saudi Arabia Commercial Vehicles (Trucks) Market Volume (Units) By Class Type, 2012–2027

Table 03: Turkey Commercial Vehicles (Trucks) Market Value (US$ Mn) By Class Type, 2012–2027

Table 04: Turkey Commercial Vehicles (Trucks) Market Volume (Units) By Class Type, 2012–2027

Table 05: Rest of Middle East Commercial Vehicles (Trucks) Market Value (US$ Mn) By Class Type, 2012–2027

Table 06: Rest of Middle East Commercial Vehicles (Trucks) Market Volume (Units) By Class Type, 2012–2027

Table 07: Northern Africa Commercial Vehicles (Trucks) Market Value (US$ Mn) By Class Type, 2012–2027

Table 08: Northern Africa Commercial Vehicles (Trucks) Market Volume (Units) By Class Type, 2012–2027

Table 09: MENA Commercial Vehicles (Trucks) Market Value (US$ Mn) By Region, 2012–2027

Table 10: MENA Commercial Vehicles (Trucks) Market Volume (Units) By Region, 2012–2027

Table 11: MENA Commercial Vehicles (Trucks) Market Value (US$ Mn) By Class Type, 2012–2027

Table 12: MENA Commercial Vehicles (Trucks) Market Volume (Units) By Class Type, 2012–2027

Nikhil Kaitwade
Principal Consultant
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List of Charts

Fig 01: Global Medium and Heavy Commercial Trucks Sales in 2021 and 2027

Fig 02: Global Truck Market Split By Region (2021)

Fig 03: Saudi Arabia Commercial Vehicles (Trucks) Market Split By Class Type (2022)

Fig 04: Saudi Arabia Commercial Vehicles (Trucks) Market Split By Class Type: Light Duty (2022)

Fig 05: Saudi Arabia Commercial Vehicles (Trucks) Market Split By Class Type: Medium Duty (2022)

Fig 06: Saudi Arabia Commercial Vehicles (Trucks) Market Split By Class Type: Heavy Duty (2022)

Fig 07: Saudi Arabia Commercial Vehicles (Trucks) Market Value Share and BPS Analysis, by Class Type, 2012 – 2027 (%)

Fig 08: Saudi Arabia Commercial Vehicle (Trucks) Market Y-o-Y Projections by Class Type, 2022–2027 (%)

Fig 09: Saudi Arabia Commercial Vehicles (Trucks) Market Attractiveness Index by Class Type, 2022-2027

Fig 10: Turkey Commercial Vehicles (Trucks) Market Split By Class Type (2022)

Fig 11: Turkey Commercial Vehicles (Trucks) Market Split By Class Type: Light Duty (2022)

Fig 12: Turkey Commercial Vehicles (Trucks) Market Split By Class Type: Medium Duty (2022)

Fig 13: Turkey Commercial Vehicles (Trucks) Market Split By Class Type: Heavy Duty (2022)

Fig 14: Turkey Commercial Vehicles (Trucks) Market Value Share and BPS Analysis, by Class Type, 2012 – 2027 (%)

Fig 15: Turkey Commercial Vehicle (Trucks) Market Y-o-Y Projections by Class Type, 2022–2027 (%)

Fig 16: Turkey Commercial Vehicles (Trucks) Market Attractiveness Index by Class Type, 2022-2027

Fig 17: Rest of Middle East Commercial Vehicles (Trucks) Market Split By Class Type (2022)

Fig 18: Rest of Middle East Commercial Vehicles (Trucks) Market Split By Class Type: Light Duty (2022)

Fig 19: Rest of Middle East Commercial Vehicles (Trucks) Market Split By Class Type: Medium Duty (2022)

Fig 20: Rest of Middle East Commercial Vehicles (Trucks) Market Split By Class Type: Heavy Duty (2022)

Fig 21: Rest of Middle East Commercial Vehicles (Trucks) Market Value Share and BPS Analysis, by Class Type, 2012 – 2027 (%)

Fig 22: Rest of Middle East Commercial Vehicle (Trucks) Market Y-o-Y Projections by Class Type, 2022–2027 (%)

Fig 23: Rest of Middle East Commercial Vehicles (Trucks) Market Attractiveness Index by Class Type, 2022-2027

Fig 24: Northern Africa Commercial Vehicles (Trucks) Market Split By Class Type (2022)

Fig 25: Northern Africa Commercial Vehicles (Trucks) Market Split By Class Type: Light Duty (2022)

Fig 26: Northern Africa Commercial Vehicles (Trucks) Market Split By Class Type: Medium Duty (2022)

Fig 27: Northern Africa Commercial Vehicles (Trucks) Market Split By Class Type: Heavy Duty (2022)

Fig 28: Northern Africa Commercial Vehicles (Trucks) Market Value Share and BPS Analysis, by Class Type, 2012 – 2027 (%)

Fig 29: Northern Africa Commercial Vehicle (Trucks) Market Y-o-Y Projections by Class Type, 2022–2027 (%)

Fig 30: Northern Africa Commercial Vehicles (Trucks) Market Attractiveness Index by Class Type, 2022-2027

Fig 31: MENA Commercial Vehicles (Trucks) Market Split By Region (2022)

Fig 32: MENA Commercial Vehicles (Trucks) Market Split By Region: Middle East (2022)

Fig 33: MENA Commercial Vehicles (Trucks) Market Value Share and BPS Analysis, by Region, 2012 – 2027 (%)

Fig 34: MENA Commercial Vehicle (Trucks) Market Y-o-Y Projections by Region, 2022–2027 (%)

Fig 35: MENA Commercial Vehicles (Trucks) Market Attractiveness Index by Region, 2022-2027

Fig 36: MENA Commercial Vehicles (Trucks) Market Split By Class Type (2022)

Fig 37: MENA Commercial Vehicles (Trucks) Market Split By Class Type: Light Duty (2022)

Fig 38: MENA Commercial Vehicles (Trucks) Market Split By Class Type: Medium Duty (2022)

Fig 39: MENA Commercial Vehicles (Trucks) Market Split By Class Type: Heavy Duty (2022)

Fig 40: MENA Commercial Vehicles (Trucks) Market Value Share and BPS Analysis, by Class Type, 2012 – 2027 (%)

Fig 41: MENA Commercial Vehicle (Trucks) Market Y-o-Y Projections by Class Type, 2012–2027 (%)

Fig 42: MENA Commercial Vehicles (Trucks) Market Attractiveness Index by Class Type, 2022-2027

Fig 43: MENA Commercial Vehicle (Trucks) Market Value (US$ Mn) and Volume (Units) Historic Data and Forecast 2012-2027

Fig 44: MENA Commercial Vehicle (Trucks) Market Absolute $ Opportunity Analysis, 2022–2027 

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MENA Commercial Vehicles (Trucks) Market