Medium & Heavy Trucks in Turkey

February 2025 | 39 pages | ID: MA952A3AD7F4EN
MarketLine

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Medium & Heavy Trucks in Turkey

Summary

Medium & Heavy Trucks in Turkey industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • Medium and heavy trucks market includes commercial vehicles (CV), buses and coaches (BC), heavy commercial vehicles (HCV), and heavy buses and coaches (HBCs).
  • The Turkish medium & heavy trucks market recorded revenues of $3.4 billion in 2024, representing a compound annual growth rate (CAGR) of 29.8% between 2019 and 2024.
  • Market production volume increased with a CAGR of 28.9% between 2019 and 2024, reaching a total of 52.4 thousand units in 2024.
  • According to GlobalData, Turkey accounted for a share of 3.0% of the European medium & heavy trucks market.


Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the medium & heavy trucks market in Turkey
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the medium & heavy trucks market in Turkey
  • 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 Turkey medium & heavy trucks market with five year forecasts


Reasons to Buy
  • What was the size of the Turkey medium & heavy trucks market by value in 2024?
  • What will be the size of the Turkey medium & heavy trucks market in 2029?
  • What factors are affecting the strength of competition in the Turkey medium & heavy trucks market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Turkey's medium & heavy trucks market?
1 EXECUTIVE SUMMARY

1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market rivalry
1.7. 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. 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 recent developments in the market?

8 COMPANY PROFILES

8.1. Ford Otomotiv Sanayi AS
8.2. MAN Truck & Bus SE.
8.3. Mercedes-Benz Group 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: Turkey medium & heavy trucks market value: $ billion, 2019-24
Table 2: Turkey medium & heavy trucks market volume: thousand units, 2019-24
Table 3: Turkey medium & heavy trucks market geography segmentation: $ billion, 2024
Table 4: Turkey medium & heavy trucks market value forecast: $ billion, 2024-29
Table 5: Turkey medium & heavy trucks market volume forecast: thousand units, 2024-29
Table 6: Ford Otomotiv Sanayi AS: Key Facts
Table 7: Ford Otomotiv Sanayi AS: Annual Financial Ratios
Table 8: Ford Otomotiv Sanayi AS: Key Employees
Table 9: MAN Truck & Bus SE.: Key Facts
Table 10: MAN Truck & Bus SE.: Key Employees
Table 11: Mercedes-Benz Group AG: Key Facts
Table 12: Mercedes-Benz Group AG: Annual Financial Ratios
Table 13: Mercedes-Benz Group AG: Key Employees
Table 14: Mercedes-Benz Group AG: Key Employees Continued
Table 15: Turkey Size of Population (Million), 2020-24
Table 16: Turkey Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 17: Turkey GDP (Current Prices, $ Billion), 2020-24
Table 18: Turkey Inflation, 2020-24
Table 19: Turkey Consumer Price Index (Absolute), 2020-24
Table 20: Turkey Exchange Rate, 2019-24


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