Saudi Arabia Commercial Vehicles (LCV, Bus, MCV and HCV) Market Forecast & Opportunities, 2021 - Research and Markets

(MENAFNEditorial) Research and Markets has announced the addition of the "Saudi Arabia Commercial Vehicles Market Forecast & Opportunities, 2021" report to their offering.

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 promote the adoption of alternate fuels such as natural gas and electric power coupled with rapid infrastructure development are expected to positively influence the commercial vehicles market in the country during 2016-2021.
In 2015, Light Commercial Vehicle (LCV) segment dominated the country's commercial vehicle market, followed by the bus and Medium Commercial Vehicle (MCV) segments. LCV segment is forecast to continue its dominance in Saudi Arabia commercial vehicles market on account of its extensive use in logistics industry. Some of the major companies operating in the country's commercial vehicles market are Toyota, Mitsubishi and Isuzu, among others.

"Saudi Arabia Commercial Vehicles Market Forecast & Opportunities, 2021" discusses:

Saudi Arabia Commercial Vehicles Market Size, Share & Forecast Segmental Analysis - By Vehicle Type (LCV, Bus, MCV and HCV), By Region Policy & Regulatory Landscape Changing Market Trends & Emerging Opportunities Competitive Landscape & Strategic Recommendations Market Trends & Developments

Increase in CKD of Automobiles in Saudi Arabia Growth of Chinese Buses Implementation of Euro IV Standards Electric Buses Hybrid Buses Key Topics Covered:

1. Product Overview

2. Research Methodology

3. Analyst View

4. Saudi Arabia Commercial Vehicles Market Outlook

5. Saudi Arabia Light Commercial Vehicles (LCVs) Market Outlook

6. Saudi Arabia Bus Market Outlook

7. Saudi Arabia Medium Commercial Vehicles (HCVs) Market Outlook

8. Saudi Arabia Heavy Commercial Vehicles (HCVs) Market Outlook

9. Import-Export Analysis

10. Market Dynamics

11. Market Trends & Developments

12. Value Chain Analysis

13. Policy & Regulatory Landscape

14. Saudi Arabia Economic Profile

15. Competitive Landscape

16. Strategic Recommendations

Companies Mentioned

Ashok Leyland Hino Motors Ltd. Hyundai Motor Company Isuzu Motors Saudi Arabia Co MAN Truck and Bus Middle East Mercedes-Benz KSA Commercial Vehicles Mitsubishi Fuso Truck and Bus Corporation Tata Motors Limited Toyota Motors Corporation Volvo Trucks Corporation and Volvo Bus For more information about this report visit http://www.researchandmarkets.com/research/6wf49z/saudi_arabia

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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/saudi-arabia-commercial-vehicles-lcv-bus-mcv-and-hcv-market-forecast--opportunities-2021---research-and-markets-300444200.html

SOURCE Research and Markets

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