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Saudi Arabia possesses 18% of the world’s proven petroleum reserves and ranks as the largest exporter of petroleum. Oil & Gas sector accounts for about 50% of gross domestic product, and about 85% of export earnings. Global oil crises repressed the growth of the country’s construction and infrastructure sectors, which, in turn, impacted the demand for commercial vehicles, as they are majorly deployed in these sectors. However, the country’s government unveiled the Kingdom’s Vision 2030, an ambitious plan to steer the economy away from its oil dependence. The Government of Saudi Arabia plans to increase its share of non-oil exports in non-oil GDP from 16% to 50% by 2030. Moreover, the government plans to become one of the largest construction and infrastructure markets in the world. This move is expected to induce a positive impact on the commercial vehicles market in the country over the next five years. Moreover, under the Saudi Vision 2030, the Government of Saudi Arabia has made long term plans for the infrastructural development of roads, metro, rail, ports, etc. These developments are anticipated to positively influence the Saudi Arabia commercial vehicles market over the next five years.

According to “Saudi Arabia Commercial Vehicles Market Forecast & Opportunities, 2021”, the market of commercial vehicles in Saudi Arabia is projected to grow at a CAGR of over 9% during 2016 –2021. Initiatives and subsidies provided by the Government of Saudi Arabia to p
1. Product Overview
2. Research Methodology
3. Analyst View
4. Saudi Arabia Commercial Vehicles Market Outlook
4.1. Market Size & Forecast
4.1.1. By Value
4.1.2. By Volume
4.2. Market Share & Forecast
4.2.1. By Region
4.2.2. By Company
4.2.3. By Vehicle Type
5. Saudi Arabia Light Commercial Vehicles (LCVs) Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.1.2. By Volume
5.2. Market Share & Forecast
5.2.1. By Region
5.2.2. By Company
5.2.3. By Type
5.2.4. By Application
5.3. Saudi Arabia LCVs Market – Margin Analysis
6. Saudi Arabia Bus Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.1.2. By Volume
6.2. Market Share & Forecast
6.2.1. By Region
6.2.2. By Company
6.2.3. By Type
6.2.4. By Application
6.3. Saudi Arabia Bus Market – Margin Analysis
7. Saudi Arabia Medium Commercial Vehicles (HCVs) Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.1.2. By Volume
7.2. Market Share & Forecast
7.2.1. By Region
7.2.2. By Company
7.2.3. By Type
7.2.4. By Application
7.3. Saudi Arabia MCVs Market – Margin Analysis
8. Saudi Arabia Heavy Commercial Vehicles (HCVs) Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.1.2. By Volume
8.2. Market Share & Forecast
8.2.1. By Region
8.2.2. By Company
8.2.3. By Type
8.2.4. By Application
8.3. Saudi Arabia HCVs Market – Margin Analysis
9. Import-Export Analysis
10. Market Dynamics
10.1. Drivers
10.2. Challenges
11. Market Trends & Developments
11.1. Increase in CKD of Automobiles in Saudi Arabia
11.2. Growth of Chinese Buses
11.3. Implementation of Euro IV Standards
11.4. Electric Buses
11.5. Hybrid Buses
12. Value Chain Analysis
13. Policy & Regulatory Landscape
14. Saudi Arabia Economic Profile
15. Competitive Landscape
15.1. Hyundai Motor Company
15.2. Isuzu Motors Saudi Arabia Co
15.3. MAN Truck and Bus Middle East
15.4. Volvo Trucks Corporation and Volvo Bus
15.5. Mercedes-Benz KSA Commercial Vehicles
15.6. Ashok Leyland
15.7. Hino Motors Ltd.
15.8. Mitsubishi Fuso Truck and Bus Corporation
15.9. Tata Motors Limited
15.10. Toyota Motors Corporation
16. Strategic Recommendations

List of Figures

Figure 1: Saudi Arabia Commercial Vehicles Market Size, By Value (USD Billion), By Volume (Thousand Units), 2011-2021F
Figure 2: Saudi Arabia Commercial Vehicles Market Share, By Region, By Volume, 2015 & 2021F
Figure 3: Saudi Arabia Commercial Vehicles Market Share, By Region, By Volume, 2015-2021F
Figure 4: Saudi Arabia Commercial Vehicles Market Share, By Company, By Volume, 2015-2021F
Figure 5: Saudi Arabia Commercial Vehicles Market Share, By Vehicle Type, By Volume, 2015-2021F
Figure 6: Saudi Arabia Light Commercial Vehicles Market Size, By Value (USD Billion), By Volume (Thousand Units), 2011-2021F
Figure 7: Saudi Arabia Light Commercial Vehicles Market Share, By Region, By Volume, 2015 & 2021F
Figure 8: Saudi Arabia Light Commercial Vehicles Market Share, By Region, By Volume, 2015-2021F
Figure 9: Saudi Arabia Light Commercial Vehicles Market Share, By Company, By Volume, 2015-2021F
Figure 10: Saudi Arabia Light Commercial Vehicles Market Share, By Type, By Volume, 2015-2021F
Figure 11: Saudi Arabia Light Commercial Vehicles Market Share, By Application, By Volume, 2015-2021F
Figure 12: Saudi Arabia Bus Market Size, By Value (USD Billion), By Volume (Thousand Units), 2011-2021F
Figure 13: Saudi Arabia Bus Market Share, By Region, By Volume, 2015 & 2021F
Figure 14: Saudi Arabia Bus Market Share, By Region, By Volume, 2015-2021F
Figure 15: Saudi Arabia Bus Market Share, By Company, By Volume, 2015-2021F
Figure 16: Saudi Arabia Bus Market Share, By Type, By Volume, 2015-2021F
Figure 17: Saudi Arabia Bus Market Share, By Application, By Volume, 2015-2021F
Figure 18: Saudi Arabia Medium Commercial Vehicles Market Size, By Value (USD Billion), By Volume (Thousand Units), 2011-2021F
Figure 19: Saudi Arabia Medium Commercial Vehicles Market Share, By Region, By Volume, 2015 & 2021F
Figure 20: Saudi Arabia Medium Commercial Vehicles Market Share, By Region, By Volume, 2015-2021F
Figure 21: Saudi Arabia Medium Commercial Vehicles Market Share, By Company, By Volume, 2015-2021F
Figure 22: Saudi Arabia Medium Commercial Vehicles Market Share, By Type, By Volume, 2015-2021F
Figure 23: Saudi Arabia Medium Commercial Vehicles Market Share, By Application, By Volume, 2015-2021F
Figure 24: Saudi Arabia Heavy Commercial Vehicles Market Size, By Value (USD Billion), By Volume (Thousand Units), 2011-2021F
Figure 25: Saudi Arabia Heavy Commercial Vehicles Market Share, By Region, By Volume, 2015 & 2021F
Figure 26: Saudi Arabia Heavy Commercial Vehicles Market Share, By Region, By Volume, 2015-2021F
Figure 27: Saudi Arabia Heavy Commercial Vehicles Market Share, By Company, By Volume, 2015-2021F
Figure 28: Saudi Arabia Heavy Commercial Vehicles Market Share, By Type, By Volume, 2015-2021F
Figure 29: Saudi Arabia Heavy Commercial Vehicles Market Share, By Application, By Volume, 2015-2021F
Figure 30: Saudi Arabia Bus Imports Share, By Country, By Volume, 2014 (%)
Figure 31: Saudi Arabia Light Commercial Vehicles Imports Share, By Country, By Volume, 2014 (%)
Figure 32: Saudi Arabia Heavy Commercial Vehicles Imports Share, By Country, By Volume, 2014 (%)
Figure 33: Saudi Arabia Medium Commercial Vehicles Imports Share, By Country, By Volume, 2014 (%)

List of Tables

Table 1: Global Crude Oil Price, By Month, 2015 (USD/Barrel)
Table 2: Number of School Students in Saudi Arabia, By Level of School, By Volume, 2013-2015 (Million)
Table 3: Saudi Arabia Commercial Vehicles Imports, By Volume (Thousand Units), By Value (USD Million), 2014
Table 4: Saudi Arabia Major Ongoing Infrastructure Projects
Table 5: Construction of Rural and Paved Roads in Saudi Arabia, 2011-2015 (Kilometre)
Table 6: Saudi Arabia Haj Pilgrims, By Volume, 2011-2015 (Million)
Table 7: Saudi Arabia Trade Agreements
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