Turkey Medium and Heavy Trucks Market Summary, Competitive Analysis and Forecast, 2017-2026
Summary
Medium & Heavy Trucks in Turkey 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 Turkish medium and heavy trucks market had total revenues of $1.0bn in 2021, representing a compound annual growth rate (CAGR) of 0.3% between 2017 and 2021.
- Market consumption volumes declined with a compound annual rate of change (CARC) of -2.6% between 2017 and 2021, to reach a total of 56,250.4 units in 2021.
- BC had the highest volume in the Turkish medium and heavy trucks market in 2021, with a total of 29,617.0 units, equivalent to 52.7% of the market's overall volume.
- Save time carrying out entry-level research by identifying the size, growth, 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 by both value and volume
- What was the size of the Turkey medium & heavy trucks market by value in 2021?
- What will be the size of the Turkey medium & heavy trucks market in 2026?
- 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?
- Who are the top competitors in 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. 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. Isuzu Motors Limited
- 8.3. Volkswagen AG
- 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, 2017-21
- Table 2: Turkey medium & heavy trucks market volume: thousand units, 2017-21
- Table 3: Turkey medium & heavy trucks market geography segmentation: $ billion, 2021
- Table 4: Turkey medium & heavy trucks market value forecast: $ billion, 2021-26
- Table 5: Turkey 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: Isuzu Motors Limited: key facts
- Table 11: Isuzu Motors Limited: Annual Financial Ratios
- Table 12: Isuzu Motors Limited: Key Employees
- Table 13: Isuzu Motors Limited: Key Employees Continued
- Table 14: Volkswagen AG: key facts
- Table 15: Volkswagen AG: Annual Financial Ratios
- Table 16: Volkswagen AG: Key Employees
- Table 17: Volkswagen AG: Key Employees Continued
- Table 18: Volkswagen AG: Key Employees Continued
- Table 19: Turkey size of population (million), 2017-21
- Table 20: Turkey gdp (constant 2005 prices, $ billion), 2017-21
- Table 21: Turkey gdp (current prices, $ billion), 2017-21
- Table 22: Turkey inflation, 2017-21
- Table 23: Turkey consumer price index (absolute), 2017-21
- Table 24: Turkey exchange rate, 2017-21
- List of Figures
- Figure 1: Turkey medium & heavy trucks market value: $ billion, 2017-21
- Figure 2: Turkey medium & heavy trucks market volume: thousand units, 2017-21
- Figure 3: Turkey medium & heavy trucks market geography segmentation: % share, by value, 2021
- Figure 4: Turkey medium & heavy trucks market value forecast: $ billion, 2021-26
- Figure 5: Turkey medium & heavy trucks market volume forecast: thousand units, 2021-26
- Figure 6: Forces driving competition in the medium & heavy trucks market in Turkey, 2021
- Figure 7: Drivers of buyer power in the medium & heavy trucks market in Turkey, 2021
- Figure 8: Drivers of supplier power in the medium & heavy trucks market in Turkey, 2021
- Figure 9: Factors influencing the likelihood of new entrants in the medium & heavy trucks market in Turkey, 2021
- Figure 10: Factors influencing the threat of substitutes in the medium & heavy trucks market in Turkey, 2021
- Figure 11: Drivers of degree of rivalry in the medium & heavy trucks market in Turkey, 2021
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook