Research and Markets: Saudi Arabia Commercial Vehicles Market Forecast & Opportunities, 2019 - Leading Players are Toyota, Mercedez Benz, Volvo, Hyundai, Tata Motors, Isuzu Motors and Ashok Leyland

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/g53xjb/saudi_arabia) has announced the addition of the "Saudi Arabia Commercial Vehicles Market Forecast & Opportunities, 2019" report to their offering.

According to Saudi Arabia Commercial Vehicles Market Forecast & Opportunities, 2019, the country's commercial vehicle market is expected to grow at a CAGR of around 15% during till 2019

Light Commercial Vehicles (LCV) are the most widely sold commercial vehicles in the country, followed by Medium Heavy Commercial Vehicles (MHCVs) and Buses. However, the Bus segment is projected to exhibit highest growth among all commercial vehicle segments during the forecast period. In terms of commercial vehicle sales, North/Central and Western regions are currently the most dominant regions and the trend is expected to continue as most of the infrastructure projects are scheduled to come up in these regions over the next five years. Most of the commercial vehicles in the country are imported from Thailand, Japan, Germany, China and the US. Being a major commercial vehicle export destination in the MENA region, various players operating in Saudi Arabia are also involved in re-exporting commercial vehicles to other GCC and Arab league countries.

Saudi Arabia is one of the largest and strongest growing automobile markets in the Middle East. As there is negligible domestic production of automobiles in Saudi Arabia, the country's growing demand for automobiles is being addressed predominantly through imports. Commercial vehicle market in the country is also an import driven market, with most of the vehicles being shipped CBUs (Completely Built Units) or SKDs (Semi Knocked Down).

Toyota, Mercedez Benz, Volvo, Hyundai, Tata Motors, Isuzu Motors and Ashok Leyland are the leading players in commercial vehicle market in the country.

Key topics covered in this report:

  • Increase in CKDs
  • Electric Buses
  • Hybrid Buses
  • Euro V Standard

Key Topics Covered:

1. Research Methodology

2. Analyst View

3. Saudi Arabia Commercial Vehicle Market Overview

4. Saudi Arabia Commercial Vehicle Market Outlook

5. Saudi Arabia Bus Market Outlook

6. Saudi Arabia MHCV Market Outlook

7. Saudi Arabia LCV Market Outlook

8. Market Dynamics

9. Import Export Analysis

10. Policy and Regulatory Landscape

11. Value Chain Analysis

12. Market Trends and Developments

13. Saudi Arabia Economic Profile

14. Competitive Landscape

15. Strategic Recommendations

16. Annexure

For more information visit http://www.researchandmarkets.com/research/g53xjb/saudi_arabia

Contacts

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Laura Wood, Senior Manager
press@researchandmarkets.com
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Sector: Automotive

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Automotive