Medium & Heavy Trucks in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
The medium and heavy trucks market includes commercial vehicles (CV), buses and coaches (BC), heavy commercial vehicles (HCV), and heavy buses and coaches (HBCs).
The Singaporean medium & heavy trucks market recorded revenues of $0.4 billion in 2023, representing a compound annual growth rate (CAGR) of 4.3% between 2018 and 2023.
Market consumption volume increased with a CAGR of 3.3% between 2018 and 2023, to reach a total of 4.6 thousand units in 2023.
The Singaporean medium and heavy trucks market contracted in 2023 due to economic slowdowns, changes in government regulations, shifts in consumer preferences towards alternative transportation modes, and supply chain disruptions. Economic slowdowns and fluctuations impacted demand, while changes in government regulations, such as stricter emissions standards and trade policies, influenced purchasing decisions.
Scope
Save time carrying out entry-level research by identifying the size, growth, and leading players in the medium & heavy trucks market in Singapore
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the medium & heavy trucks market in Singapore
Leading company profiles reveal details of key medium & heavy trucks market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the Singapore medium & heavy trucks market with five year forecasts by both value and volume
Reasons to Buy
What was the size of the Singapore medium & heavy trucks market by value in 2023?
What will be the size of the Singapore medium & heavy trucks market in 2028?
What factors are affecting the strength of competition in the Singapore medium & heavy trucks market?
How has the market performed over the last five years?
How large is Singapore’s medium & heavy trucks market in relation to its regional counterparts?
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players in the market?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of the leading players?
7.4. What have been the recent developments in the market?
8 Company Profiles
8.1. Volkswagen AG
8.2. Daimler Financial Services AG
8.3. CNH Industrial NV
8.4. AB Volvo
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Singapore medium & heavy trucks market value: $ billion, 2018-23
Table 2: Singapore medium & heavy trucks market volume: thousand units, 2018-23
Table 3: Singapore medium & heavy trucks market category segmentation: % share, by volume, 2018-2023
Table 4: Singapore medium & heavy trucks market category segmentation: thousand units, 2018-2023
Table 5: Singapore medium & heavy trucks market geography segmentation: $ billion, 2023
Table 6: Singapore medium & heavy trucks market value forecast: $ billion, 2023-28
Table 7: Singapore medium & heavy trucks market volume forecast: thousand units, 2023-28