Medium & Heavy Trucks in South Africa
Medium & Heavy Trucks in South Africa
Summary
Medium & Heavy Trucks in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, 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
Summary
Medium & Heavy Trucks in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, 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 South African medium & heavy trucks market recorded revenues of $2.1 billion in 2023, representing a compound annual growth rate (CAGR) of 2.9% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 1.9% between 2018 and 2023, to reach a total of 31.1 thousand units in 2023.
- The growth of the South African 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 South African road transportation services industry stood at $8.3 billion in 2023, an increase of 3% 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 South Africa
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the medium & heavy trucks market in South Africa
- 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 South Africa medium & heavy trucks market with five year forecasts by both value and volume
- What was the size of the South Africa medium & heavy trucks market by value in 2023?
- What will be the size of the South Africa medium & heavy trucks market in 2028?
- What factors are affecting the strength of competition in the South Africa medium & heavy trucks market?
- How has the market performed over the last five years?
- Who are the top competitors in South Africa'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 are the strategies of the leading players?
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. AB Volvo
8.2. Daimler Financial Services AG
8.3. Isuzu Motors Limited
8.4. Hino Motors, Ltd.
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 are the strategies of the leading players?
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. AB Volvo
8.2. Daimler Financial Services AG
8.3. Isuzu Motors Limited
8.4. Hino Motors, Ltd.
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: South Africa medium & heavy trucks market value: $ billion, 2018-23
Table 2: South Africa medium & heavy trucks market volume: thousand units, 2018-23
Table 3: South Africa medium & heavy trucks market category segmentation: % share, by volume, 2018-2023
Table 4: South Africa medium & heavy trucks market category segmentation: thousand units, 2018-2023
Table 5: South Africa medium & heavy trucks market geography segmentation: $ billion, 2023
Table 6: South Africa medium & heavy trucks market value forecast: $ billion, 2023-28
Table 7: South Africa medium & heavy trucks market volume forecast: thousand units, 2023-28
Table 8: AB Volvo: key facts
Table 9: AB Volvo: Annual Financial Ratios
Table 10: AB Volvo: Key Employees
Table 11: AB Volvo: Key Employees Continued
Table 12: Daimler Financial Services AG: key facts
Table 13: Daimler Financial Services AG: Key Employees
Table 14: Isuzu Motors Limited: key facts
Table 15: Isuzu Motors Limited: Annual Financial Ratios
Table 16: Isuzu Motors Limited: Key Employees
Table 17: Isuzu Motors Limited: Key Employees Continued
Table 18: Hino Motors, Ltd.: key facts
Table 19: Hino Motors, Ltd.: Annual Financial Ratios
Table 20: Hino Motors, Ltd.: Key Employees
Table 21: South Africa size of population (million), 2019-23
Table 22: South Africa gdp (constant 2005 prices, $ billion), 2019-23
Table 23: South Africa gdp (current prices, $ billion), 2019-23
Table 24: South Africa inflation, 2019-23
Table 25: South Africa consumer price index (absolute), 2019-23
Table 26: South Africa exchange rate, 2019-23
Table 1: South Africa medium & heavy trucks market value: $ billion, 2018-23
Table 2: South Africa medium & heavy trucks market volume: thousand units, 2018-23
Table 3: South Africa medium & heavy trucks market category segmentation: % share, by volume, 2018-2023
Table 4: South Africa medium & heavy trucks market category segmentation: thousand units, 2018-2023
Table 5: South Africa medium & heavy trucks market geography segmentation: $ billion, 2023
Table 6: South Africa medium & heavy trucks market value forecast: $ billion, 2023-28
Table 7: South Africa medium & heavy trucks market volume forecast: thousand units, 2023-28
Table 8: AB Volvo: key facts
Table 9: AB Volvo: Annual Financial Ratios
Table 10: AB Volvo: Key Employees
Table 11: AB Volvo: Key Employees Continued
Table 12: Daimler Financial Services AG: key facts
Table 13: Daimler Financial Services AG: Key Employees
Table 14: Isuzu Motors Limited: key facts
Table 15: Isuzu Motors Limited: Annual Financial Ratios
Table 16: Isuzu Motors Limited: Key Employees
Table 17: Isuzu Motors Limited: Key Employees Continued
Table 18: Hino Motors, Ltd.: key facts
Table 19: Hino Motors, Ltd.: Annual Financial Ratios
Table 20: Hino Motors, Ltd.: Key Employees
Table 21: South Africa size of population (million), 2019-23
Table 22: South Africa gdp (constant 2005 prices, $ billion), 2019-23
Table 23: South Africa gdp (current prices, $ billion), 2019-23
Table 24: South Africa inflation, 2019-23
Table 25: South Africa consumer price index (absolute), 2019-23
Table 26: South Africa exchange rate, 2019-23
LIST OF FIGURES
Figure 1: South Africa medium & heavy trucks market value: $ billion, 2018-23
Figure 2: South Africa medium & heavy trucks market volume: thousand units, 2018-23
Figure 3: South Africa medium & heavy trucks market category segmentation: thousand units, 2018-2023
Figure 4: South Africa medium & heavy trucks market geography segmentation: % share, by value, 2023
Figure 5: South Africa medium & heavy trucks market value forecast: $ billion, 2023-28
Figure 6: South Africa medium & heavy trucks market volume forecast: thousand units, 2023-28
Figure 7: Forces driving competition in the medium & heavy trucks market in South Africa, 2023
Figure 8: Drivers of buyer power in the medium & heavy trucks market in South Africa, 2023
Figure 9: Drivers of supplier power in the medium & heavy trucks market in South Africa, 2023
Figure 10: Factors influencing the likelihood of new entrants in the medium & heavy trucks market in South Africa, 2023
Figure 11: Factors influencing the threat of substitutes in the medium & heavy trucks market in South Africa, 2023
Figure 12: Drivers of degree of rivalry in the medium & heavy trucks market in South Africa, 2023
Figure 1: South Africa medium & heavy trucks market value: $ billion, 2018-23
Figure 2: South Africa medium & heavy trucks market volume: thousand units, 2018-23
Figure 3: South Africa medium & heavy trucks market category segmentation: thousand units, 2018-2023
Figure 4: South Africa medium & heavy trucks market geography segmentation: % share, by value, 2023
Figure 5: South Africa medium & heavy trucks market value forecast: $ billion, 2023-28
Figure 6: South Africa medium & heavy trucks market volume forecast: thousand units, 2023-28
Figure 7: Forces driving competition in the medium & heavy trucks market in South Africa, 2023
Figure 8: Drivers of buyer power in the medium & heavy trucks market in South Africa, 2023
Figure 9: Drivers of supplier power in the medium & heavy trucks market in South Africa, 2023
Figure 10: Factors influencing the likelihood of new entrants in the medium & heavy trucks market in South Africa, 2023
Figure 11: Factors influencing the threat of substitutes in the medium & heavy trucks market in South Africa, 2023
Figure 12: Drivers of degree of rivalry in the medium & heavy trucks market in South Africa, 2023
