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Medium & Heavy Trucks in Singapore

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    Report

  • 51 Pages
  • April 2024
  • Region: Singapore
  • MarketLine
  • ID: 2064183
Description Jump to:
Medium & Heavy Trucks in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2018-23, and forecast to 2028). 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 (CV), buses and coaches (BC), heavy commercial vehicles (HCV), and heavy buses and coaches (HBCs).
  • The Singaporean medium & heavy trucks market recorded revenues of $0.4 billion in 2023, representing a compound annual growth rate (CAGR) of 4.3% between 2018 and 2023.
  • Market consumption volume increased with a CAGR of 3.3% between 2018 and 2023, to reach a total of 4.6 thousand units in 2023.
  • The Singaporean medium and heavy trucks market contracted in 2023 due to economic slowdowns, changes in government regulations, shifts in consumer preferences towards alternative transportation modes, and supply chain disruptions. Economic slowdowns and fluctuations impacted demand, while changes in government regulations, such as stricter emissions standards and trade policies, influenced purchasing decisions.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, 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

Reasons to Buy

  • What was the size of the Singapore medium & heavy trucks market by value in 2023?
  • What will be the size of the Singapore medium & heavy trucks market in 2028?
  • 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?
  • How large is Singapore’s medium & heavy trucks market in relation to its regional counterparts?

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. 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 in the market?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of the leading players?
7.4. What have been the recent developments in the market?
8 Company Profiles
8.1. Volkswagen AG
8.2. Daimler Financial Services 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 research
10.4. About the Publisher
List of Tables
Table 1: Singapore medium & heavy trucks market value: $ billion, 2018-23
Table 2: Singapore medium & heavy trucks market volume: thousand units, 2018-23
Table 3: Singapore medium & heavy trucks market category segmentation: % share, by volume, 2018-2023
Table 4: Singapore medium & heavy trucks market category segmentation: thousand units, 2018-2023
Table 5: Singapore medium & heavy trucks market geography segmentation: $ billion, 2023
Table 6: Singapore medium & heavy trucks market value forecast: $ billion, 2023-28
Table 7: Singapore medium & heavy trucks market volume forecast: thousand units, 2023-28
Table 8: Volkswagen AG: key facts
Table 9: Volkswagen AG: Annual Financial Ratios
Table 10: Volkswagen AG: Key Employees
Table 11: Volkswagen AG: Key Employees Continued
Table 12: Volkswagen AG: Key Employees Continued
Table 13: Daimler Financial Services AG: key facts
Table 14: Daimler Financial Services AG: Key Employees
Table 15: CNH Industrial NV: key facts
Table 16: CNH Industrial NV: Annual Financial Ratios
Table 17: CNH Industrial NV: Key Employees
Table 18: CNH Industrial NV: Key Employees Continued
Table 19: AB Volvo: key facts
Table 20: AB Volvo: Annual Financial Ratios
Table 21: AB Volvo: Key Employees
Table 22: AB Volvo: Key Employees Continued
Table 23: Singapore size of population (million), 2019-23
Table 24: Singapore gdp (constant 2005 prices, $ billion), 2019-23
Table 25: Singapore gdp (current prices, $ billion), 2019-23
Table 26: Singapore inflation, 2019-23
Table 27: Singapore consumer price index (absolute), 2019-23
Table 28: Singapore exchange rate, 2019-23
List of Figures
Figure 1: Singapore medium & heavy trucks market value: $ billion, 2018-23
Figure 2: Singapore medium & heavy trucks market volume: thousand units, 2018-23
Figure 3: Singapore medium & heavy trucks market category segmentation: thousand units, 2018-2023
Figure 4: Singapore medium & heavy trucks market geography segmentation: % share, by value, 2023
Figure 5: Singapore medium & heavy trucks market value forecast: $ billion, 2023-28
Figure 6: Singapore medium & heavy trucks market volume forecast: thousand units, 2023-28
Figure 7: Forces driving competition in the medium & heavy trucks market in Singapore, 2023
Figure 8: Drivers of buyer power in the medium & heavy trucks market in Singapore, 2023
Figure 9: Drivers of supplier power in the medium & heavy trucks market in Singapore, 2023
Figure 10: Factors influencing the likelihood of new entrants in the medium & heavy trucks market in Singapore, 2023
Figure 11: Factors influencing the threat of substitutes in the medium & heavy trucks market in Singapore, 2023
Figure 12: Drivers of degree of rivalry in the medium & heavy trucks market in Singapore, 2023

Companies Mentioned (Partial List)

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

  • Volkswagen AG
  • Daimler Financial Services AG
  • CNH Industrial NV
  • AB Volvo

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