Saudi Arabia High-Performance Trucks Market is projected
to grow at a robust CAGR during the forecast period. The major factors
contributing to the growth of the market are growing construction &
infrastructure sectors, increasing CKD of Automobiles in Saudi Arabia,
implementation of Euro IV Standards and growing demand for electric vehicles in
the country. Saudi Vision 2030 plan to move the economy away from oil profits
is driving construction activities in both residential and non-residential
segments, which will further boost the High-Performance Trucks Market in
the country during the forecast period. Growing stringency impacts advancements
in the engine & exhaust technologies of high-performance trucks in emission
norms for heavy- and light-duty vehicles. Based on Transmission Type, the
market has been segmented into Automatic Transmission, Semi-Automatic
Transmission and Manual Transmission. The semi-automatic transmission is
projected to be the fastest growing segment of the high-performance trucks
market owing to its various benefits like that of automatic transmission system
and fuel efficiency equivalent to manual transmission. Moreover, the growing
demand for higher capacity trucks for rigid applications such as distribution
& waste management is driving the high-performance 250-400 hp trucks
market.
Scania, MAN, Volvo, Daimler, PACCAR, General
Motors, Toyota, Ford, Nissan, FCA, etc. are the major players operating in the
Saudi Arabia high-performance trucks market.
Years
considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2023–2027
Objective of the Study:
- To analyse and forecast the market size of High-Performance Trucks Market,
in terms of value and volume.
- To classify and forecast Saudi Arabia High-Performance Trucks Market based
on vehicle type, power output, fuel type, transmission type and regional
distribution.
- To identify drivers and challenges for Saudi Arabia High-Performance
Trucks Market.
- To examine competitive developments such as expansions, new product
launches, mergers & acquisitions, etc., in Saudi Arabia High-Performance
Trucks Market.
- To conduct the pricing analysis for High-Performance Trucks Market.
- To identify and analyse the profile of leading players involved in
the manufacturing of Saudi Arabia High-Performance Trucks Market.
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TechSci Research performed both primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of manufacturers across Saudi Arabia. Subsequently, TechSci
Research conducted primary research surveys with the identified companies.
While interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research could include the suppliers which
could not be identified due to the limitations of secondary research. TechSci
Research analysed the product offerings, distribution channels and presence of all
major collaboration manufacturer across Saudi Arabia.
TechSci
Research calculated the market size of Saudi Arabia High-Performance Trucks Market using a bottom-up approach, where data for various end user
industries and its application across various product types were recorded and
forecast for the future years. TechSci Research sourced these values from the
industry experts and company representatives and externally validated through analysing
historical data of these product types and applications for getting an
appropriate, overall market size. Various secondary sources such as company
website, news articles, press releases, company annual reports, investor
presentations and financial reports were also used by TechSci Research.
Key Target
Audience:
- Medium- and heavy-duty truck
OEMs
- Engine suppliers
- Alternate fuel technology
suppliers
- Pickup truck OEMs
- Industry associations and
experts
- Dealers/Distributors
- Research organizations and
consulting companies.
- Research Institutes
- Industry associations
- Market research and
consulting firm.
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as collaboration
manufacturer and partners, end users, etc., besides allowing them in
strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, Saudi Arabia High-Performance Trucks Market has
been segmented into following categories, in addition to the industry trends
which have also been detailed below:
- Saudi Arabia High-Performance
Trucks Market, By Vehicle Type:
- Light Duty Trucks
- Medium Duty Trucks
- Heavy-Duty Trucks
- Saudi Arabia High-Performance
Trucks Market, By Power Output:
- 250–400 HP
- 401–550 HP
- >550 HP
- Saudi Arabia High-Performance
Trucks Market, By Fuel Type:
- Saudi Arabia High-Performance
Trucks Market, By Transmission Type:
- Saudi Arabia High-Performance Trucks Market,
by Region:
- Northern & Central Region
- Western Region
- Southern Region
- Eastern Region
Competitive Landscape
Company Profiles: Detailed analysis of the major
companies present in High-Performance Trucks Market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to the company’s specific needs. The following
customization options are available for the report:
Company Information
- Detailed
analysis and profiling of additional market players (up to five).
Profit Margin Analysis
- Profit
margin analysis in case of direct and indirect sales channel.