Product Code: ETC026219 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Saudi Arabia truck/lorry trailer market size is estimated to grow at a CAGR of 5.3% during the forecast period 2025-2031. The country has been witnessing an increased demand for heavy duty vehicles, primarily due to the increasing international trade and development in transportation infrastructure. With the advancement of technology, there has been an increase in demand for advanced features such as light weight trailers that provide efficient performance and fuel efficiency, along with safety standards and emission regulations which have further led to innovation across truck trailers industry.
The Saudi government is making continuous investments towards expanding automotive production facilities within its borders as well as investing heavily on research & development activities to promote local manufacturing capabilities. This would lead to growth of lorry/trailer business opportunities across the country making it available at lower cost with improved quality. Growth in logistic industry has resulted into higher requirement for modernized transport systems including roadways which requires transport vehicles like trucks and trailers adhering to strict safety norms thus contributing positively towards market growth over next six years.
To maintain optimum output from trucks coupled with high safety levels, regulatory bodies have implemented stringent norms related emissions level control on various components used within vehicle powertrain system leading producers emphasize more on product innovation which might cause price rise ultimately resulting into decreased sales especially among small fleet operators.
Due to COVID pandemic outbreak, major industries such as construction & mining have shut down operations creating disruption across supply chain networks worldwide leading manufacturers postpone their production schedules due reduced customer orders hence affecting revenue opportunities associated with lorry /truck trailers market globally however post lockdown scenario new reforms regarding operation protocols would lead recover gradually by end 2025.
Major players operating in Saudi Arabia truck/lorry trailer market includes Daimler AG (Mercedes Benz), Volvo Group , MAN SE , BPW Bergische Achsen K
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Truck / Lorry Trailers Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Truck / Lorry Trailers Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Truck / Lorry Trailers Market - Industry Life Cycle |
3.4 Saudi Arabia Truck / Lorry Trailers Market - Porter's Five Forces |
3.5 Saudi Arabia Truck / Lorry Trailers Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Saudi Arabia Truck / Lorry Trailers Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Saudi Arabia Truck / Lorry Trailers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Truck / Lorry Trailers Market Trends |
6 Saudi Arabia Truck / Lorry Trailers Market, By Types |
6.1 Saudi Arabia Truck / Lorry Trailers Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Truck / Lorry Trailers Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Saudi Arabia Truck / Lorry Trailers Market Revenues & Volume, By Articulated Dump Trucks, 2021-2031F |
6.1.4 Saudi Arabia Truck / Lorry Trailers Market Revenues & Volume, By Electric Dump Trucks, 2021-2031F |
6.1.5 Saudi Arabia Truck / Lorry Trailers Market Revenues & Volume, By Mechanical Dump Trucks, 2021-2031F |
6.2 Saudi Arabia Truck / Lorry Trailers Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Truck / Lorry Trailers Market Revenues & Volume, By Mining Industry, 2021-2031F |
6.2.3 Saudi Arabia Truck / Lorry Trailers Market Revenues & Volume, By Achitechive, 2021-2031F |
6.2.4 Saudi Arabia Truck / Lorry Trailers Market Revenues & Volume, By Municipal Services, 2021-2031F |
6.2.5 Saudi Arabia Truck / Lorry Trailers Market Revenues & Volume, By Other, 2021-2031F |
7 Saudi Arabia Truck / Lorry Trailers Market Import-Export Trade Statistics |
7.1 Saudi Arabia Truck / Lorry Trailers Market Export to Major Countries |
7.2 Saudi Arabia Truck / Lorry Trailers Market Imports from Major Countries |
8 Saudi Arabia Truck / Lorry Trailers Market Key Performance Indicators |
9 Saudi Arabia Truck / Lorry Trailers Market - Opportunity Assessment |
9.1 Saudi Arabia Truck / Lorry Trailers Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Saudi Arabia Truck / Lorry Trailers Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Saudi Arabia Truck / Lorry Trailers Market - Competitive Landscape |
10.1 Saudi Arabia Truck / Lorry Trailers Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Truck / Lorry Trailers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |