Singapore Medium and Heavy Trucks Market to 2027

Singapore Medium and Heavy Trucks Market to 2027


Summary
Medium & Heavy Trucks in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2017-22, and forecast to 2027). 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 (CVs), buses and coaches (BCs), heavy commercial vehicles (HCVs) and heavy buses and coaches (HBCs). CVs and BCs weigh 3.51 to 16 tonnes and include pick-ups and vans where they fall into this weight range. HCVs and HBCs weigh over 16 tonnes; the converted trucks and buses are excluded. The market volume include the number of newly registrated vehicle in any given year. The market value is calculated in terms of average manufacturer selling price (MSP) against market volume, and excludes all taxes and levies.
  • The Singaporean medium & heavy trucks market had total revenues of $0.2 billion in 2022, representing a negative compound annual growth rate (CAGR) of 29% between 2017 and 2022.
  • Market consumption volumes declined with a negative CAGR of 29.5% between 2017 and 2022, reaching a total of 2.1 thousand units in 2022.
  • The Singaporean medium & heavy trucks market contracted in 2022 due to several factors, including slowing economic growth and increased regulations. For instance, the decline of the heavy-duty truck market was due to factors such as COVID-19, logistics balance, and industrial considerations.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, 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 2022?
  • What will be the size of the Singapore medium & heavy trucks market in 2027?
  • 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?
  • What are the main segments that make up Singapore's medium & heavy trucks market?


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?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of leading players?
7.4. What are the most notable M&A deals in recent years?
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, 2017–22
Table 2: Singapore medium & heavy trucks market volume: thousand units, 2017–22
Table 3: Singapore medium & heavy trucks market category segmentation: % share, by volume, 2017–2022
Table 4: Singapore medium & heavy trucks market category segmentation: thousand units, 2017-2022
Table 5: Singapore medium & heavy trucks market geography segmentation: $ billion, 2022
Table 6: Singapore medium & heavy trucks market value forecast: $ billion, 2022–27
Table 7: Singapore medium & heavy trucks market volume forecast: thousand units, 2022–27
Table 8: Volkswagen AG: key facts
Table 9: Volkswagen AG: Annual Financial Ratios
Table 10: Volkswagen AG: Key Employees
Table 11: Volkswagen AG: Key Employees Continued
Table 12: Daimler Financial Services AG: key facts
Table 13: Daimler Financial Services AG: Key Employees
Table 14: CNH Industrial NV: key facts
Table 15: CNH Industrial NV: Annual Financial Ratios
Table 16: CNH Industrial NV: Key Employees
Table 17: CNH Industrial NV: Key Employees Continued
Table 18: AB Volvo: key facts
Table 19: AB Volvo: Annual Financial Ratios
Table 20: AB Volvo: Key Employees
Table 21: AB Volvo: Key Employees Continued
Table 22: Singapore size of population (million), 2018–22
Table 23: Singapore gdp (constant 2005 prices, $ billion), 2018–22
Table 24: Singapore gdp (current prices, $ billion), 2018–22
Table 25: Singapore inflation, 2018–22
Table 26: Singapore consumer price index (absolute), 2018–22
Table 27: Singapore exchange rate, 2018–22
List of Figures
Figure 1: Singapore medium & heavy trucks market value: $ billion, 2017–22
Figure 2: Singapore medium & heavy trucks market volume: thousand units, 2017–22
Figure 3: Singapore medium & heavy trucks market category segmentation: thousand units, 2017-2022
Figure 4: Singapore medium & heavy trucks market geography segmentation: % share, by value, 2022
Figure 5: Singapore medium & heavy trucks market value forecast: $ billion, 2022–27
Figure 6: Singapore medium & heavy trucks market volume forecast: thousand units, 2022–27
Figure 7: Forces driving competition in the medium & heavy trucks market in Singapore, 2022
Figure 8: Drivers of buyer power in the medium & heavy trucks market in Singapore, 2022
Figure 9: Drivers of supplier power in the medium & heavy trucks market in Singapore, 2022
Figure 10: Factors influencing the likelihood of new entrants in the medium & heavy trucks market in Singapore, 2022
Figure 11: Factors influencing the threat of substitutes in the medium & heavy trucks market in Singapore, 2022
Figure 12: Drivers of degree of rivalry in the medium & heavy trucks market in Singapore, 2022

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