Singapore Medium and Heavy Trucks Market Summary, Competitive Analysis and Forecast, 2017-2026
Summary
Medium & Heavy Trucks in Singapore industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-21, and forecast to 2026). 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. All market data and forecasts are represented in nominal terms (i.e. without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2021 annual average exchange rates.
- The Singaporean medium and heavy trucks market had total revenues of $0.4bn in 2021, representing a compound annual rate of change (CARC) of -19.8% between 2017 and 2021.
- Market consumption volumes declined with a CARC of -20.4% between 2017 and 2021, to reach a total of 4,851.0 units in 2021.
- CV had the highest volume in the Singaporean medium and heavy trucks market in 2021, with a total of 2,718.4 units, equivalent to 56% of the market's overall volume.
- 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
- What was the size of the Singapore medium & heavy trucks market by value in 2021?
- What will be the size of the Singapore medium & heavy trucks market in 2026?
- 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?
- Who are the top competitors in 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. Geography segmentation
- 1.6. Market rivalry
- 1.7. 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. 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. Daimler AG
- 8.2. AB Volvo
- 8.3. Hino Motors, Ltd.
- 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, 2017-21
- Table 2: Singapore medium & heavy trucks market volume: thousand units, 2017-21
- Table 3: Singapore medium & heavy trucks market geography segmentation: $ billion, 2021
- Table 4: Singapore medium & heavy trucks market value forecast: $ billion, 2021-26
- Table 5: Singapore medium & heavy trucks market volume forecast: thousand units, 2021-26
- Table 6: Daimler AG: key facts
- Table 7: Daimler AG: Annual Financial Ratios
- Table 8: Daimler AG: Key Employees
- Table 9: Daimler AG: Key Employees Continued
- Table 10: AB Volvo: key facts
- Table 11: AB Volvo: Annual Financial Ratios
- Table 12: AB Volvo: Key Employees
- Table 13: AB Volvo: Key Employees Continued
- Table 14: Hino Motors, Ltd.: key facts
- Table 15: Hino Motors, Ltd.: Annual Financial Ratios
- Table 16: Hino Motors, Ltd.: Key Employees
- Table 17: Singapore size of population (million), 2017-21
- Table 18: Singapore gdp (constant 2005 prices, $ billion), 2017-21
- Table 19: Singapore gdp (current prices, $ billion), 2017-21
- Table 20: Singapore inflation, 2017-21
- Table 21: Singapore consumer price index (absolute), 2017-21
- Table 22: Singapore exchange rate, 2017-21
- List of Figures
- Figure 1: Singapore medium & heavy trucks market value: $ billion, 2017-21
- Figure 2: Singapore medium & heavy trucks market volume: thousand units, 2017-21
- Figure 3: Singapore medium & heavy trucks market geography segmentation: % share, by value, 2021
- Figure 4: Singapore medium & heavy trucks market value forecast: $ billion, 2021-26
- Figure 5: Singapore medium & heavy trucks market volume forecast: thousand units, 2021-26
- Figure 6: Forces driving competition in the medium & heavy trucks market in Singapore, 2021
- Figure 7: Drivers of buyer power in the medium & heavy trucks market in Singapore, 2021
- Figure 8: Drivers of supplier power in the medium & heavy trucks market in Singapore, 2021
- Figure 9: Factors influencing the likelihood of new entrants in the medium & heavy trucks market in Singapore, 2021
- Figure 10: Factors influencing the threat of substitutes in the medium & heavy trucks market in Singapore, 2021
- Figure 11: Drivers of degree of rivalry in the medium & heavy trucks market in Singapore, 2021
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