South Africa Medium and Heavy Trucks Market to 2027
Summary Medium & Heavy Trucks in South Africa industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 South African medium & heavy trucks market had total revenues of $0.3 billion in 2022, representing a compound annual growth rate (CAGR) of 3.6% between 2017 and 2022.
Market consumption volume increased with a CAGR of 2% between 2017 and 2022, reaching a total of 28.8 thousand units in 2022.
The growth in the South African medium & heavy trucks market is influenced by several macroeconomic factors, such as rising GDP and growing business confidence. For instance, according to the Organisation for Economic Co-operation and Development (OECD), the business confidence index in South Africa reached 100.07 in January 2022, up from 99.51 in January 2021.
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 South Africa
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the medium & heavy trucks market in South Africa
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 South Africa medium & heavy trucks market with five year forecasts
Reasons to Buy
What was the size of the South Africa medium & heavy trucks market by value in 2022?
What will be the size of the South Africa medium & heavy trucks market in 2027?
What factors are affecting the strength of competition in the South Africa medium & heavy trucks market?
How has the market performed over the last five years?
What are the main segments that make up South Africa'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. AB Volvo
8.2. Daimler Financial Services AG
8.3. Isuzu Motors Limited
8.4. 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: South Africa medium & heavy trucks market value: $ billion, 2017–22
Table 2: South Africa medium & heavy trucks market volume: thousand units, 2017–22
Table 3: South Africa medium & heavy trucks market category segmentation: % share, by volume, 2017–2022
Table 4: South Africa medium & heavy trucks market category segmentation: thousand units, 2017-2022
Table 5: South Africa medium & heavy trucks market geography segmentation: $ billion, 2022
Table 6: South Africa medium & heavy trucks market value forecast: $ billion, 2022–27
Table 7: South Africa medium & heavy trucks market volume forecast: thousand units, 2022–27