Turkey Medium and Heavy Trucks Market to 2027
Summary
Medium & Heavy Trucks in Turkey 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 Turkish medium & heavy trucks market had total revenues of $0.8 billion in 2022, representing a compound annual growth rate (CAGR) of 12.8% between 2017 and 2022.
- Market consumption volume increased with a CAGR of 9.6% between 2017 and 2022, reaching a total of 98.7 thousand units in 2022.
- The growth in the Turkish 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 Turkey reached 101.83 in January 2022, up from 101 in January 2021.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the medium & heavy trucks market in Turkey
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the medium & heavy trucks market in Turkey
- 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 Turkey medium & heavy trucks market with five year forecasts
- What was the size of the Turkey medium & heavy trucks market by value in 2022?
- What will be the size of the Turkey medium & heavy trucks market in 2027?
- What factors are affecting the strength of competition in the Turkey medium & heavy trucks market?
- How has the market performed over the last five years?
- What are the main segments that make up Turkey'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. Daimler Financial Services AG
- 8.2. Volkswagen 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: Turkey medium & heavy trucks market value: $ billion, 2017–22
- Table 2: Turkey medium & heavy trucks market volume: thousand units, 2017–22
- Table 3: Turkey medium & heavy trucks market category segmentation: % share, by volume, 2017–2022
- Table 4: Turkey medium & heavy trucks market category segmentation: thousand units, 2017-2022
- Table 5: Turkey medium & heavy trucks market geography segmentation: $ billion, 2022
- Table 6: Turkey medium & heavy trucks market value forecast: $ billion, 2022–27
- Table 7: Turkey medium & heavy trucks market volume forecast: thousand units, 2022–27
- Table 8: Daimler Financial Services AG: key facts
- Table 9: Daimler Financial Services AG: Key Employees
- Table 10: Volkswagen AG: key facts
- Table 11: Volkswagen AG: Annual Financial Ratios
- Table 12: Volkswagen AG: Key Employees
- Table 13: Volkswagen AG: Key Employees Continued
- 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: Turkey size of population (million), 2018–22
- Table 23: Turkey gdp (constant 2005 prices, $ billion), 2018–22
- Table 24: Turkey gdp (current prices, $ billion), 2018–22
- Table 25: Turkey inflation, 2018–22
- Table 26: Turkey consumer price index (absolute), 2018–22
- Table 27: Turkey exchange rate, 2018–22
- List of Figures
- Figure 1: Turkey medium & heavy trucks market value: $ billion, 2017–22
- Figure 2: Turkey medium & heavy trucks market volume: thousand units, 2017–22
- Figure 3: Turkey medium & heavy trucks market category segmentation: thousand units, 2017-2022
- Figure 4: Turkey medium & heavy trucks market geography segmentation: % share, by value, 2022
- Figure 5: Turkey medium & heavy trucks market value forecast: $ billion, 2022–27
- Figure 6: Turkey medium & heavy trucks market volume forecast: thousand units, 2022–27
- Figure 7: Forces driving competition in the medium & heavy trucks market in Turkey, 2022
- Figure 8: Drivers of buyer power in the medium & heavy trucks market in Turkey, 2022
- Figure 9: Drivers of supplier power in the medium & heavy trucks market in Turkey, 2022
- Figure 10: Factors influencing the likelihood of new entrants in the medium & heavy trucks market in Turkey, 2022
- Figure 11: Factors influencing the threat of substitutes in the medium & heavy trucks market in Turkey, 2022
- Figure 12: Drivers of degree of rivalry in the medium & heavy trucks market in Turkey, 2022
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