Medium & Heavy Trucks in Mexico
Medium & Heavy Trucks in Mexico
Summary
Medium & Heavy Trucks in Mexico industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 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
Summary
Medium & Heavy Trucks in Mexico industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 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 Mexican medium & heavy trucks market recorded revenues of $36.5 billion in 2023, representing a compound annual growth rate (CAGR) of 9.4% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 8.6% between 2018 and 2023, to reach a total of 815.8 thousand units in 2023.
- The growth of the Mexican medium & heavy trucks market is propelled by the expansion of the transportation industry and concurrent infrastructure development. As the transportation sector experiences steady growth, fueled by increased demand for the movement of goods and people, there arises a corresponding need for robust transportation solutions, including medium and heavy trucks, to support these activities efficiently. For instance, according to MarketLine, the Mexican road transportation services industry stood at $61.4 billion in 2023, an increase of 4.4% from the previous year.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the medium & heavy trucks market in Mexico
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the medium & heavy trucks market in Mexico
- 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 Mexico medium & heavy trucks market with five year forecasts
- What was the size of the Mexico medium & heavy trucks market by value in 2023?
- What will be the size of the Mexico medium & heavy trucks market in 2028?
- What factors are affecting the strength of competition in the Mexico medium & heavy trucks market?
- How has the market performed over the last five years?
- Who are the top competitors in Mexico'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. 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?
8 COMPANY PROFILES
8.1. Daimler Financial Services AG
8.2. PACCAR Inc.
8.3. Volkswagen AG
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
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?
8 COMPANY PROFILES
8.1. Daimler Financial Services AG
8.2. PACCAR Inc.
8.3. Volkswagen AG
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
LIST OF TABLES
Table 1: Mexico medium & heavy trucks market value: $ billion, 2018-23
Table 2: Mexico medium & heavy trucks market volume: thousand units, 2018-23
Table 3: Mexico medium & heavy trucks market category segmentation: % share, by volume, 2018-2023
Table 4: Mexico medium & heavy trucks market category segmentation: thousand units, 2018-2023
Table 5: Mexico medium & heavy trucks market geography segmentation: $ billion, 2023
Table 6: Mexico medium & heavy trucks market value forecast: $ billion, 2023-28
Table 7: Mexico medium & heavy trucks market volume forecast: thousand units, 2023-28
Table 8: Daimler Financial Services AG: key facts
Table 9: Daimler Financial Services AG: Key Employees
Table 10: PACCAR Inc.: key facts
Table 11: PACCAR Inc.: Annual Financial Ratios
Table 12: PACCAR Inc.: Key Employees
Table 13: PACCAR Inc.: Key Employees Continued
Table 14: Volkswagen AG: key facts
Table 15: Volkswagen AG: Annual Financial Ratios
Table 16: Volkswagen AG: Key Employees
Table 17: Volkswagen AG: Key Employees Continued
Table 18: Volkswagen AG: Key Employees Continued
Table 19: Mexico size of population (million), 2019-23
Table 20: Mexico gdp (constant 2005 prices, $ billion), 2019-23
Table 21: Mexico gdp (current prices, $ billion), 2019-23
Table 22: Mexico inflation, 2019-23
Table 23: Mexico consumer price index (absolute), 2019-23
Table 24: Mexico exchange rate, 2019-23
Table 1: Mexico medium & heavy trucks market value: $ billion, 2018-23
Table 2: Mexico medium & heavy trucks market volume: thousand units, 2018-23
Table 3: Mexico medium & heavy trucks market category segmentation: % share, by volume, 2018-2023
Table 4: Mexico medium & heavy trucks market category segmentation: thousand units, 2018-2023
Table 5: Mexico medium & heavy trucks market geography segmentation: $ billion, 2023
Table 6: Mexico medium & heavy trucks market value forecast: $ billion, 2023-28
Table 7: Mexico medium & heavy trucks market volume forecast: thousand units, 2023-28
Table 8: Daimler Financial Services AG: key facts
Table 9: Daimler Financial Services AG: Key Employees
Table 10: PACCAR Inc.: key facts
Table 11: PACCAR Inc.: Annual Financial Ratios
Table 12: PACCAR Inc.: Key Employees
Table 13: PACCAR Inc.: Key Employees Continued
Table 14: Volkswagen AG: key facts
Table 15: Volkswagen AG: Annual Financial Ratios
Table 16: Volkswagen AG: Key Employees
Table 17: Volkswagen AG: Key Employees Continued
Table 18: Volkswagen AG: Key Employees Continued
Table 19: Mexico size of population (million), 2019-23
Table 20: Mexico gdp (constant 2005 prices, $ billion), 2019-23
Table 21: Mexico gdp (current prices, $ billion), 2019-23
Table 22: Mexico inflation, 2019-23
Table 23: Mexico consumer price index (absolute), 2019-23
Table 24: Mexico exchange rate, 2019-23
LIST OF FIGURES
Figure 1: Mexico medium & heavy trucks market value: $ billion, 2018-23
Figure 2: Mexico medium & heavy trucks market volume: thousand units, 2018-23
Figure 3: Mexico medium & heavy trucks market category segmentation: thousand units, 2018-2023
Figure 4: Mexico medium & heavy trucks market geography segmentation: % share, by value, 2023
Figure 5: Mexico medium & heavy trucks market value forecast: $ billion, 2023-28
Figure 6: Mexico medium & heavy trucks market volume forecast: thousand units, 2023-28
Figure 7: Forces driving competition in the medium & heavy trucks market in Mexico, 2023
Figure 8: Drivers of buyer power in the medium & heavy trucks market in Mexico, 2023
Figure 9: Drivers of supplier power in the medium & heavy trucks market in Mexico, 2023
Figure 10: Factors influencing the likelihood of new entrants in the medium & heavy trucks market in Mexico, 2023
Figure 11: Factors influencing the threat of substitutes in the medium & heavy trucks market in Mexico, 2023
Figure 12: Drivers of degree of rivalry in the medium & heavy trucks market in Mexico, 2023
Figure 1: Mexico medium & heavy trucks market value: $ billion, 2018-23
Figure 2: Mexico medium & heavy trucks market volume: thousand units, 2018-23
Figure 3: Mexico medium & heavy trucks market category segmentation: thousand units, 2018-2023
Figure 4: Mexico medium & heavy trucks market geography segmentation: % share, by value, 2023
Figure 5: Mexico medium & heavy trucks market value forecast: $ billion, 2023-28
Figure 6: Mexico medium & heavy trucks market volume forecast: thousand units, 2023-28
Figure 7: Forces driving competition in the medium & heavy trucks market in Mexico, 2023
Figure 8: Drivers of buyer power in the medium & heavy trucks market in Mexico, 2023
Figure 9: Drivers of supplier power in the medium & heavy trucks market in Mexico, 2023
Figure 10: Factors influencing the likelihood of new entrants in the medium & heavy trucks market in Mexico, 2023
Figure 11: Factors influencing the threat of substitutes in the medium & heavy trucks market in Mexico, 2023
Figure 12: Drivers of degree of rivalry in the medium & heavy trucks market in Mexico, 2023
