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Saudi Arabia possesses 18% of the world’s proven petroleum reserves and ranks as the largest exporter of petroleum. Oil & Gas sector accounts for about 50% of gross domestic product, and about 85% of export earnings. Global oil crises repressed the growth of the country’s construction and infrastructure sectors, which, in turn, impacted the demand for commercial vehicles, as they are majorly deployed in these sectors. However, the country’s government unveiled the Kingdom’s Vision 2030, an ambitious plan to steer the economy away from its oil dependence. The Government of Saudi Arabia plans to increase its share of non-oil exports in non-oil GDP from 16% to 50% by 2030. Moreover, the government plans to become one of the largest construction and infrastructure markets in the world. This move is expected to induce a positive impact on the commercial vehicles market in the country over the next five years. Moreover, under the Saudi Vision 2030, the Government of Saudi Arabia has made long term plans for the infrastructural development of roads, metro, rail, ports, etc. These developments are anticipated to positively influence the Saudi Arabia commercial vehicles market over the next five years.

According to “Saudi Arabia Commercial Vehicles Market Forecast & Opportunities, 2021”, the market of commercial vehicles in Saudi Arabia is projected to grow at a CAGR of over 9% during 2016 –2021. Initiatives and subsidies provided by the Government of Saudi Arabia to promote the adoption of alternate fuels such as natural gas and electric power coupled with rapid infrastructure development are expected to positively influence the commercial vehicles market in the country during 2016 – 2021. In 2015, Light Commercial Vehicle (LCV) segment dominated the country’s commercial vehicle market, followed by the bus and Medium Commercial Vehicle (MCV) segments. LCV segment is forecast to continue its dominance in Saudi Arabia commercial vehicles market on account of its extensive use in logistics industry. Some of the major companies operating in the country’s commercial vehicles market are Toyota, Mitsubishi and Isuzu, among others. “Saudi Arabia Commercial Vehicles Market Forecast & Opportunities, 2021” discusses the following aspects of Saudi Arabia commercial vehicles market:

- Saudi Arabia Commercial Vehicles Market Size, Share & Forecast
- Segmental Analysis – By Vehicle Type (LCV, Bus, MCV and HCV), By Region
- Policy & Regulatory Landscape
- Changing Market Trends & Emerging Opportunities
- Competitive Landscape & Strategic Recommendations

Why You Should Buy This Report?

- To gain an in-depth understanding of Saudi Arabia commercial vehicles market
- To identify the on-going trends and anticipated growth in the next five years
- To help commercial vehicles manufactures, distributors and providers, and other industry consultants align their market-centric strategies
- To obtain research based business decisions and add weight to presentations and marketing material
- To gain competitive knowledge of leading market players
- To avail 10% customization in the report without any extra charges and get research data or trends added in the report as per the buyer’s specific needs


Report Methodology

The information contained in this report is based upon both primary and secondary research. Primary research included surveys with the OEM’s, Distributors, Dealers and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.

Table Of Contents

Saudi Arabia Commercial Vehicles Market Forecast and Opportunities, 2021
1. Product Overview
2. Research Methodology
3. Analyst View
4. Saudi Arabia Commercial Vehicles Market Outlook
4.1. Market Size and Forecast
4.1.1. By Value
4.1.2. By Volume
4.2. Market Share and Forecast
4.2.1. By Region
4.2.2. By Company
4.2.3. By Vehicle Type
5. Saudi Arabia Light Commercial Vehicles (LCVs) Market Outlook
5.1. Market Size and Forecast
5.1.1. By Value
5.1.2. By Volume
5.2. Market Share and Forecast
5.2.1. By Region
5.2.2. By Company
5.2.3. By Type
5.2.4. By Application
5.3. Saudi Arabia LCVs Market - Margin Analysis
6. Saudi Arabia Bus Market Outlook
6.1. Market Size and Forecast
6.1.1. By Value
6.1.2. By Volume
6.2. Market Share and Forecast
6.2.1. By Region
6.2.2. By Company
6.2.3. By Type
6.2.4. By Application
6.3. Saudi Arabia Bus Market - Margin Analysis
7. Saudi Arabia Medium Commercial Vehicles (HCVs) Market Outlook
7.1. Market Size and Forecast
7.1.1. By Value
7.1.2. By Volume
7.2. Market Share and Forecast
7.2.1. By Region
7.2.2. By Company
7.2.3. By Type
7.2.4. By Application
7.3. Saudi Arabia MCVs Market - Margin Analysis
8. Saudi Arabia Heavy Commercial Vehicles (HCVs) Market Outlook
8.1. Market Size and Forecast
8.1.1. By Value
8.1.2. By Volume
8.2. Market Share and Forecast
8.2.1. By Region
8.2.2. By Company
8.2.3. By Type
8.2.4. By Application
8.3. Saudi Arabia HCVs Market - Margin Analysis
9. Import-Export Analysis
10. Market Dynamics
10.1. Drivers
10.2. Challenges
11. Market Trends and Developments
11.1. Increase in CKD of Automobiles in Saudi Arabia
11.2. Growth of Chinese Buses
11.3. Implementation of Euro IV Standards
11.4. Electric Buses
11.5. Hybrid Buses
12. Value Chain Analysis
13. Policy and Regulatory Landscape
14. Saudi Arabia Economic Profile
15. Competitive Landscape
15.1. Hyundai Motor Company
15.2. Isuzu Motors Saudi Arabia Co
15.3. MAN Truck and Bus Middle East
15.4. Volvo Trucks Corporation and Volvo Bus
15.5. Mercedes-Benz KSA Commercial Vehicles
15.6. Ashok Leyland
15.7. Hino Motors Ltd.
15.8. Mitsubishi Fuso Truck and Bus Corporation
15.9. Tata Motors Limited
15.10. Toyota Motors Corporation
16. Strategic Recommendations


List Of Figures
Figure 1: Saudi Arabia Commercial Vehicles Market Size, By Value (USD Billion), By Volume (Thousand Units), 2011-2021F
Figure 2: Saudi Arabia Commercial Vehicles Market Share, By Region, By Volume, 2015 and 2021F
Figure 3: Saudi Arabia Commercial Vehicles Market Share, By Region, By Volume, 2015-2021F
Figure 4: Saudi Arabia Commercial Vehicles Market Share, By Company, By Volume, 2015-2021F
Figure 5: Saudi Arabia Commercial Vehicles Market Share, By Vehicle Type, By Volume, 2015-2021F
Figure 6: Saudi Arabia Light Commercial Vehicles Market Size, By Value (USD Billion), By Volume (Thousand Units), 2011-2021F
Figure 7: Saudi Arabia Light Commercial Vehicles Market Share, By Region, By Volume, 2015 and 2021F
Figure 8: Saudi Arabia Light Commercial Vehicles Market Share, By Region, By Volume, 2015-2021F
Figure 9: Saudi Arabia Light Commercial Vehicles Market Share, By Company, By Volume, 2015-2021F
Figure 10: Saudi Arabia Light Commercial Vehicles Market Share, By Type, By Volume, 2015-2021F
Figure 11: Saudi Arabia Light Commercial Vehicles Market Share, By Application, By Volume, 2015-2021F
Figure 12: Saudi Arabia Bus Market Size, By Value (USD Billion), By Volume (Thousand Units), 2011-2021F
Figure 13: Saudi Arabia Bus Market Share, By Region, By Volume, 2015 and 2021F
Figure 14: Saudi Arabia Bus Market Share, By Region, By Volume, 2015-2021F
Figure 15: Saudi Arabia Bus Market Share, By Company, By Volume, 2015-2021F
Figure 16: Saudi Arabia Bus Market Share, By Type, By Volume, 2015-2021F
Figure 17: Saudi Arabia Bus Market Share, By Application, By Volume, 2015-2021F
Figure 18: Saudi Arabia Medium Commercial Vehicles Market Size, By Value (USD Billion), By Volume (Thousand Units), 2011-2021F
Figure 19: Saudi Arabia Medium Commercial Vehicles Market Share, By Region, By Volume, 2015 and 2021F
Figure 20: Saudi Arabia Medium Commercial Vehicles Market Share, By Region, By Volume, 2015-2021F
Figure 21: Saudi Arabia Medium Commercial Vehicles Market Share, By Company, By Volume, 2015-2021F
Figure 22: Saudi Arabia Medium Commercial Vehicles Market Share, By Type, By Volume, 2015-2021F
Figure 23: Saudi Arabia Medium Commercial Vehicles Market Share, By Application, By Volume, 2015-2021F
Figure 24: Saudi Arabia Heavy Commercial Vehicles Market Size, By Value (USD Billion), By Volume (Thousand Units), 2011-2021F
Figure 25: Saudi Arabia Heavy Commercial Vehicles Market Share, By Region, By Volume, 2015 and 2021F
Figure 26: Saudi Arabia Heavy Commercial Vehicles Market Share, By Region, By Volume, 2015-2021F
Figure 27: Saudi Arabia Heavy Commercial Vehicles Market Share, By Company, By Volume, 2015-2021F
Figure 28: Saudi Arabia Heavy Commercial Vehicles Market Share, By Type, By Volume, 2015-2021F
Figure 29: Saudi Arabia Heavy Commercial Vehicles Market Share, By Application, By Volume, 2015-2021F
Figure 30: Saudi Arabia Bus Imports Share, By Country, By Volume, 2014 (%)
Figure 31: Saudi Arabia Light Commercial Vehicles Imports Share, By Country, By Volume, 2014 (%)
Figure 32: Saudi Arabia Heavy Commercial Vehicles Imports Share, By Country, By Volume, 2014 (%)
Figure 33: Saudi Arabia Medium Commercial Vehicles Imports Share, By Country, By Volume, 2014 (%)


List Of Tables
1. Product Overview
2. Research Methodology
3. Analyst View
4. Saudi Arabia Commercial Vehicles Market Outlook
4.1. Market Size and Forecast
4.1.1. By Value
4.1.2. By Volume
4.2. Market Share and Forecast
4.2.1. By Region
4.2.2. By Company
4.2.3. By Vehicle Type
5. Saudi Arabia Light Commercial Vehicles (LCVs) Market Outlook
5.1. Market Size and Forecast
5.1.1. By Value
5.1.2. By Volume
5.2. Market Share and Forecast
5.2.1. By Region
5.2.2. By Company
5.2.3. By Type
5.2.4. By Application
5.3. Saudi Arabia LCVs Market - Margin Analysis
6. Saudi Arabia Bus Market Outlook
6.1. Market Size and Forecast
6.1.1. By Value
6.1.2. By Volume
6.2. Market Share and Forecast
6.2.1. By Region
6.2.2. By Company
6.2.3. By Type
6.2.4. By Application
6.3. Saudi Arabia Bus Market - Margin Analysis
7. Saudi Arabia Medium Commercial Vehicles (HCVs) Market Outlook
7.1. Market Size and Forecast
7.1.1. By Value
7.1.2. By Volume
7.2. Market Share and Forecast
7.2.1. By Region
7.2.2. By Company
7.2.3. By Type
7.2.4. By Application
7.3. Saudi Arabia MCVs Market - Margin Analysis
8. Saudi Arabia Heavy Commercial Vehicles (HCVs) Market Outlook
8.1. Market Size and Forecast
8.1.1. By Value
8.1.2. By Volume
8.2. Market Share and Forecast
8.2.1. By Region
8.2.2. By Company
8.2.3. By Type
8.2.4. By Application
8.3. Saudi Arabia HCVs Market - Margin Analysis
9. Import-Export Analysis
10. Market Dynamics
10.1. Drivers
10.2. Challenges
11. Market Trends and Developments
11.1. Increase in CKD of Automobiles in Saudi Arabia
11.2. Growth of Chinese Buses
11.3. Implementation of Euro IV Standards
11.4. Electric Buses
11.5. Hybrid Buses
12. Value Chain Analysis
13. Policy and Regulatory Landscape
14. Saudi Arabia Economic Profile
15. Competitive Landscape
15.1. Hyundai Motor Company
15.2. Isuzu Motors Saudi Arabia Co
15.3. MAN Truck and Bus Middle East
15.4. Volvo Trucks Corporation and Volvo Bus
15.5. Mercedes-Benz KSA Commercial Vehicles
15.6. Ashok Leyland
15.7. Hino Motors Ltd.
15.8. Mitsubishi Fuso Truck and Bus Corporation
15.9. Tata Motors Limited
15.10. Toyota Motors Corporation
16. Strategic Recommendations
Figure 1: Saudi Arabia Commercial Vehicles Market Size, By Value (USD Billion), By Volume (Thousand Units), 2011-2021F
Figure 2: Saudi Arabia Commercial Vehicles Market Share, By Region, By Volume, 2015 and 2021F
Figure 3: Saudi Arabia Commercial Vehicles Market Share, By Region, By Volume, 2015-2021F
Figure 4: Saudi Arabia Commercial Vehicles Market Share, By Company, By Volume, 2015-2021F
Figure 5: Saudi Arabia Commercial Vehicles Market Share, By Vehicle Type, By Volume, 2015-2021F
Figure 6: Saudi Arabia Light Commercial Vehicles Market Size, By Value (USD Billion), By Volume (Thousand Units), 2011-2021F
Figure 7: Saudi Arabia Light Commercial Vehicles Market Share, By Region, By Volume, 2015 and 2021F
Figure 8: Saudi Arabia Light Commercial Vehicles Market Share, By Region, By Volume, 2015-2021F
Figure 9: Saudi Arabia Light Commercial Vehicles Market Share, By Company, By Volume, 2015-2021F
Figure 10: Saudi Arabia Light Commercial Vehicles Market Share, By Type, By Volume, 2015-2021F
Figure 11: Saudi Arabia Light Commercial Vehicles Market Share, By Application, By Volume, 2015-2021F
Figure 12: Saudi Arabia Bus Market Size, By Value (USD Billion), By Volume (Thousand Units), 2011-2021F
Figure 13: Saudi Arabia Bus Market Share, By Region, By Volume, 2015 and 2021F
Figure 14: Saudi Arabia Bus Market Share, By Region, By Volume, 2015-2021F
Figure 15: Saudi Arabia Bus Market Share, By Company, By Volume, 2015-2021F
Figure 16: Saudi Arabia Bus Market Share, By Type, By Volume, 2015-2021F
Figure 17: Saudi Arabia Bus Market Share, By Application, By Volume, 2015-2021F
Figure 18: Saudi Arabia Medium Commercial Vehicles Market Size, By Value (USD Billion), By Volume (Thousand Units), 2011-2021F
Figure 19: Saudi Arabia Medium Commercial Vehicles Market Share, By Region, By Volume, 2015 and 2021F
Figure 20: Saudi Arabia Medium Commercial Vehicles Market Share, By Region, By Volume, 2015-2021F
Figure 21: Saudi Arabia Medium Commercial Vehicles Market Share, By Company, By Volume, 2015-2021F
Figure 22: Saudi Arabia Medium Commercial Vehicles Market Share, By Type, By Volume, 2015-2021F
Figure 23: Saudi Arabia Medium Commercial Vehicles Market Share, By Application, By Volume, 2015-2021F
Figure 24: Saudi Arabia Heavy Commercial Vehicles Market Size, By Value (USD Billion), By Volume (Thousand Units), 2011-2021F
Figure 25: Saudi Arabia Heavy Commercial Vehicles Market Share, By Region, By Volume, 2015 and 2021F
Figure 26: Saudi Arabia Heavy Commercial Vehicles Market Share, By Region, By Volume, 2015-2021F
Figure 27: Saudi Arabia Heavy Commercial Vehicles Market Share, By Company, By Volume, 2015-2021F
Figure 28: Saudi Arabia Heavy Commercial Vehicles Market Share, By Type, By Volume, 2015-2021F
Figure 29: Saudi Arabia Heavy Commercial Vehicles Market Share, By Application, By Volume, 2015-2021F
Figure 30: Saudi Arabia Bus Imports Share, By Country, By Volume, 2014 (%)
Figure 31: Saudi Arabia Light Commercial Vehicles Imports Share, By Country, By Volume, 2014 (%)
Figure 32: Saudi Arabia Heavy Commercial Vehicles Imports Share, By Country, By Volume, 2014 (%)
Figure 33: Saudi Arabia Medium Commercial Vehicles Imports Share, By Country, By Volume, 2014 (%)


Companies Mentioned
1. Hyundai Motor Company
2. Isuzu Motors Saudi Arabia Co
3. MAN Truck and Bus Middle East
4. Volvo Trucks Corporation and Volvo Bus
5. Mercedes-Benz KSA Commercial Vehicles
6. Ashok Leyland
7. Hino Motors Ltd.
8. Mitsubishi Fuso Truck and Bus Corporation
9. Tata Motors Limited
10. Toyota Motors Corporation

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