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Medium & Heavy Trucks in Singapore

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    Report

  • 43 Pages
  • February 2025
  • Region: Singapore
  • MarketLine
  • ID: 2064183
Medium & Heavy Trucks in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • Medium and heavy trucks market includes commercial vehicles (CV), buses and coaches (BC), heavy commercial vehicles (HCV), and heavy buses and coaches (HBCs).
  • The Singaporean medium & heavy trucks market recorded revenues of $0.5 million in 2024, representing a compound annual growth rate (CAGR) of 5.8% between 2019 and 2024.
  • Market consumption volume increased with a CAGR of 4.8% between 2019 and 2024, reaching a total of 5.7 thousand units in 2024.
  • In 2024, Singapore accounted for a share of 0.1% of the Asia-Pacific medium & heavy trucks market.

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

Reasons to Buy

  • What was the size of the Singapore medium & heavy trucks market by value in 2024?
  • What will be the size of the Singapore medium & heavy trucks market in 2029?
  • 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?

Table of Contents

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 in the market?
7.2. What are the strengths of the leading players?
7.3. What are the recent developments in the market?
8 Company Profiles
8.1. Daimler Truck Holding AG
8.2. AB Volvo
8.3. CNH Industrial NV
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: Singapore medium & heavy trucks market value: $ billion, 2019-24
Table 2: Singapore medium & heavy trucks market volume: thousand units, 2019-24
Table 3: Singapore medium & heavy trucks market geography segmentation: $ billion, 2024
Table 4: Singapore medium & heavy trucks market value forecast: $ billion, 2024-29
Table 5: Singapore medium & heavy trucks market volume forecast: thousand units, 2024-29
Table 6: Daimler Truck Holding AG: Key Facts
Table 7: Daimler Truck Holding AG: Annual Financial Ratios
Table 8: Daimler Truck Holding AG: Key Employees
Table 9: AB Volvo: Key Facts
Table 10: AB Volvo: Annual Financial Ratios
Table 11: AB Volvo: Key Employees
Table 12: AB Volvo: Key Employees Continued
Table 13: CNH Industrial NV: Key Facts
Table 14: CNH Industrial NV: Annual Financial Ratios
Table 15: CNH Industrial NV: Key Employees
Table 16: CNH Industrial NV: Key Employees Continued
Table 17: Singapore Size of Population (Million), 2020-24
Table 18: Singapore Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 19: Singapore GDP (Current Prices, $ Billion), 2020-24
Table 20: Singapore Inflation, 2020-24
Table 21: Singapore Consumer Price Index (Absolute), 2020-24
Table 22: Singapore Exchange Rate, 2019-24
List of Figures
Figure 1: Singapore medium & heavy trucks market value: $ billion, 2019-24
Figure 2: Singapore medium & heavy trucks market volume: thousand units, 2019-24
Figure 3: Singapore medium & heavy trucks market geography segmentation: % share, by value, 2024
Figure 4: Singapore medium & heavy trucks market value forecast: $ billion, 2024-29
Figure 5: Singapore medium & heavy trucks market volume forecast: thousand units, 2024-29
Figure 6: Forces driving competition in the medium & heavy trucks market in Singapore, 2024
Figure 7: Drivers of buyer power in the medium & heavy trucks market in Singapore, 2024
Figure 8: Drivers of supplier power in the medium & heavy trucks market in Singapore, 2024
Figure 9: Factors influencing the likelihood of new entrants in the medium & heavy trucks market in Singapore, 2024
Figure 10: Factors influencing the threat of substitutes in the medium & heavy trucks market in Singapore, 2024
Figure 11: Drivers of degree of rivalry in the medium & heavy trucks market in Singapore, 2024

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Daimler Truck Holding AG
  • AB Volvo
  • CNH Industrial NV