Press Release

Saudi Arabia Heavy-Duty Trucks Market to Grow with a CAGR of 6.50% Through 2030

The growth of infrastructure development, the expansion of logistics and freight sectors, and the increasing demand from the oil and gas industry are the factors driving the market in the forecast period 2026-2030.

 

According to TechSci Research report, “Saudi Arabia Heavy-Duty Trucks Market - By Region, Competition, Forecast & Opportunities, 2030F” " the Saudi Arabia Heavy-Duty Trucks market was valued at USD 8.15 Billion in 2024 and is expected to reach USD 11.89 Billion by 2030 with a CAGR of 6.50% during the forecast period. The Saudi Arabian heavy-duty truck market is growing, driven by expanding logistics and transportation needs. As global trade increases, the country's strategic location boosts demand for freight services, requiring trucks for long-distance transportation. The government's Vision 2030 plan, focusing on economic diversification, also plays a key role, with sectors like construction, manufacturing, and retail pushing the need for trucks to move goods and materials across the nation.

Digitalization is a significant trend in the market, with fleet management systems and telematics helping optimize operations. Real-time data on vehicle performance and predictive maintenance are improving efficiency and reducing costs. Automation is also gaining traction with advanced driver-assistance systems and semi-autonomous driving features, enhancing safety and operational efficiency.

Despite growth, challenges persist, including high raw material costs affecting truck prices and a shortage of skilled maintenance labor. These issues lead to increased operating costs and downtime for trucks. Furthermore, the slow adoption of electric trucks due to high costs and limited infrastructure remains a challenge, though innovation and government incentives are expected to support market progress in the coming years.

 

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on the "Saudi Arabia Heavy-Duty Trucks "

 

The Saudi Arabia Heavy-Duty Trucks Market is segmented into Tonnage Type, Class, Fuel Type, Application Type, and Region.

The Freight and Logistics segment is the fastest-growing application type in the Saudi Arabian heavy-duty truck market in 2024. This growth is primarily driven by the rapid expansion of e-commerce and the increasing demand for efficient goods transportation. As consumer behavior shifts toward online shopping, there is a heightened need for logistics companies to enhance their delivery networks, requiring a larger fleet of heavy-duty trucks for long-haul transportation. The rise of logistics hubs and distribution centers, combined with greater reliance on truck-based transportation for both domestic and international trade, has spurred this growth. Furthermore, Saudi Arabia’s role as a strategic transit hub in the Middle East, linking Asia, Europe, and Africa, has accelerated the demand for trucking solutions in freight movement. With large quantities of goods being transported daily, the Freight and Logistics sector requires high-capacity trucks that can handle large volumes of goods over long distances. This segment is expected to continue its upward trajectory as the demand for efficient logistics services grows in tandem with the kingdom's economic diversification and the development of new industrial zones and transportation networks.

The Eastern region is expected to be the fastest-growing region for heavy-duty trucks in Saudi Arabia in 2024. This area is home to critical industrial and commercial activities, particularly in the oil and gas sector, which remains a major driver for the region’s economic activity. Ports like Dammam and Jubail are vital for global trade and logistics, increasing the need for heavy-duty trucks for freight movement. The Eastern region’s proximity to major transportation routes and the ongoing expansion of infrastructure in cities like Dammam and Khobar are contributing to the growing demand for trucks. With investments in ports, highways, and manufacturing facilities, this region's logistics and freight sectors are expected to expand rapidly, driving the demand for heavy-duty trucks. As economic diversification initiatives progress, the Eastern region is poised to lead in truck sales, fueled by rising industrial activities and freight movement needs.


Major market players operating in Saudi Arabia Heavy-Duty Trucks market are:

  • Mercedes-Benz Group AG
  • MAN Truck & Bus SE
  • AB Volvo
  • ISUZU MOTORS INTERNATIONAL FZE
  • Hyundai Motor Company
  • PACCAR Inc.
  • Tata Motors Limited
  • Hino Motors, Ltd.
  • Mitsubishi Fuso Truck and Bus Corporation
  • Ford Middle East


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“The heavy-duty truck market in Saudi Arabia is on the rise, and it’s mainly due to the booming demand from industries like logistics, construction, and manufacturing. As more companies look to transport goods efficiently across the country, they’re investing in heavy-duty trucks to keep up with the growing trade and infrastructure development. With Saudi Arabia’s Vision 2030 driving major changes, businesses are seeing the need to upgrade their fleets to meet the demands of large-scale projects and e-commerce growth. This surge in demand for heavy-duty trucks is expected to continue as more sectors rely on trucking solutions to move goods across the region", said Mr. Karan Chechi, Research Director of TechSci Research, a research-based global management consulting firm.

Saudi Arabia Heavy-Duty Trucks Market By Tonnage Type (10-15 Tons, More Than 15 Tons), By Class (Class 5, Class 6, Class 7, Class 8), By Fuel Type (Gasoline, Diesel, Electric, Alternative Fuels), By Application Type (Construction and Mining, Freight and Logistics, Other Applications), By Region, Competition, Forecast & Opportunities, 2020-2030F”, evaluates the future growth potential of Saudi Arabia Heavy-Duty Trucks market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision-makers make sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the Saudi Arabia Heavy-Duty Trucks market.

 

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Saudi Arabia Heavy-Duty Trucks Market By Tonnage Type (10-15 Tons, More Than 15 Tons), By Class (Class 5, Class 6, Class 7, Class 8), By Fuel Type (Gasoline, Diesel, Electric, Alternative Fuels), By Application Type (Construction and Mining, Freight and Logistics, Other Applications), By Region, Competition, Forecast & Opportunities, 2020-2030F

Automotive | Jan, 2024

The growth of infrastructure development, the expansion of logistics and freight sectors, and the increasing demand from the oil and gas industry are the factors driving the market in the forecast period 2026-2030.

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