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The truck market in Vietnam is forecasted to grow by USD 1.50 bn during 2023-2028, accelerating at a CAGR of 8.05% during the forecast period. The report on the truck market in Vietnam provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in industrialization and urbanization of Vietnam economy, increasing incorporation of lighter materials in truck manufacturing, and increasing prominence of electric hd trucks.
The truck market in Vietnam is segmented as below:
By Vehicle Category
- Less than 10 T
- More than 10 T
By Type
- Domestic
- Imported
By Product Type
- Manual
- Automatic
The report on the truck market in Vietnam covers the following areas:
- Truck market in Vietnam sizing
- Truck market in Vietnam forecast
- Truck market in Vietnam industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Vehicle Category
7 Market Segmentation by Type
8 Market Segmentation by Product Type
9 Customer Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the truck market in Vietnam: AB Volvo, Beijing Automotive Group Co. Ltd., Daimler Truck AG, Ford Motor Co., General Motors Co., Honda Motor Co. Ltd., Hyundai Motor Co., Isuzu Motors Ltd., Kamaz Export, Kia Motors Corp., Mazda Motor Corp., Mitsubishi Corp., Nissan Motor Co. Ltd., Scania AB, Stellantis NV, Tan Chong Motor Holdings Berhad, Tata Motors Ltd., Toyota Motor Corp., and Vtruck.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is emergence of alternative fuel trucks.'
According to the report, one of the major drivers for this market is the rise in industrialization and urbanization of Vietnam economy.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AB Volvo
- Beijing Automotive Group Co. Ltd.
- Daimler Truck AG
- Ford Motor Co.
- General Motors Co.
- Honda Motor Co. Ltd.
- Hyundai Motor Co.
- Isuzu Motors Ltd.
- Kamaz Export
- Kia Motors Corp.
- Mazda Motor Corp.
- Mitsubishi Corp.
- Nissan Motor Co. Ltd.
- Scania AB
- Stellantis NV
- Tan Chong Motor Holdings Berhad
- Tata Motors Ltd.
- Toyota Motor Corp.
- Vtruck