Medium & Heavy Trucks in Singapore

Medium & Heavy Trucks in Singapore

  • April 2019 •
  • 37 pages •
  • Report ID: 4865449 •
  • Format: PDF
Medium & Heavy Trucks in Singapore

Medium & Heavy Trucks in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2014-18, and forecast to 2023). 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 (CVs), buses and coaches (BCs), heavy commercial vehicles (HCVs) and heavy buses and coaches (HBCs). CVs and BCs weigh 3.51 to 16 tonnes and include pick-ups and vans where they fall into this weight range. HCVs and HBCs weigh over 16 tonnes; the converted trucks and buses are excluded. The market volume includes the number of newly registrated vehicle in any given year. The market value is calculated in terms of average manufacturer selling price (MSP) against market volume, and excludes all taxes and levies. Any currency conversions used in the creation of this report have been calculated using constant 2018 annual average exchange rates.
- The Singaporean medium & heavy trucks market had total revenues of $32.9m in 2018, representing a compound annual rate of change (CARC) of -6.6% between 2014 and 2018.
- Market consumption volumes declined with a CARC of -7.3% between 2014 and 2018, to reach a total of 0.4 thousand units in 2018.
- Due to the small size of Singapore, there is more demand for commercial vehicles as these are generally of a smaller format and offer more convenience in terms of getting around.

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

Reasons to buy
- What was the size of the Singapore medium & heavy trucks market by value in 2018?
- What will be the size of the Singapore medium & heavy trucks market in 2023?
- What factors are affecting the strength of competition in the Singapore medium & heavy trucks market?
- How has the market performed over the last five years?
- What are the main segments that make up Singapore’s medium & heavy trucks market?

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