Summary

Saudi Arabia high-performance trucks market is expected to grow at a formidable rate during the forecast period. The growth can be attributed to the increasing construction activities owing to rapid infrastructural developments in the country. Besides, rising demand for high-performance commercial vehicles from the manufacturing and industrial sector is expected to drive the growth of Saudi Arabia high-performance trucks market during the forecast period. Growing demand for electric vehicles and implementation of Euro IV standards are expected to propel the growth of Saudi Arabia high-performance trucks market in the coming years. Market players are introducing a wide variety of high-performance trucks with enhanced capabilities for heavy-duty applications such as transport, logistics, construction, and others, which is driving the growth of Saudi Arabia high-performance trucks market. Rising demand for efficient transportation for import and export activities as well as high-performance trucks with refrigeration facilities in the healthcare and food & beverage sector are propelling the growth of Saudi Arabia high-performance trucks market. Moreover, heavy-duty trucks are increasingly being employed in municipal operations such as garbage collection, dumping, etc., which are anticipated to propel the growth of Saudi Arabia high-performance trucks market. Recent developments in Li-ion batteries have enabled the electrification of high-performance trucks and the growing electrification needs are anticipated to increase the demand for Saudi Arabia high-performance trucks market.

Saudi Arabia high-performance trucks market is segmented on the basis of vehicle type, power output, fuel type, transmission type, country, and company. Based on transmission type, the market has been segmented into Automatic Transmission, Semi-Automatic Transmission and Manual Transmission. The semi-automatic transmission is expected to achieve the fastest growth in the Saudi Arabia high-performance trucks market because of their various advantages such as high fuel efficiency and increasing demand for high-capacity trucks for rigid applications such as distribution and waste management.

Scania, MAN, Volvo, Daimler, PACCAR, General Motors, Toyota, Ford, Nissan, FCA, etc., are the major players operating in the Saudi Arabia high-performance trucks market.

Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2023-2027
Objective of the Study:
• To analyze and forecast the market size of Saudi Arabia high-performance trucks market, in terms of value and volume.
• To classify and forecast Saudi Arabia high-performance trucks market based on vehicle type, power output, fuel type, transmission type and regional distribution.
• To identify drivers and challenges for Saudi Arabia high-performance trucks market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Saudi Arabia high-performance trucks market.
• To conduct the pricing analysis for Saudi Arabia high-performance trucks market.
• To identify and analyse the profile of leading players involved in the manufacturing of Saudi Arabia high-performance trucks market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across Saudi Arabia. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the suppliers which could not be identified due to the limitations of secondary research. TechSci Research analysed the product offerings, distribution channels and presence of all major collaboration manufacturer across Saudi Arabia.
TechSci Research calculated the market size of Saudi Arabia High-Performance Trucks Market using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.
Key Target Audience:
• Medium- and heavy-duty truck OEMs
• Engine suppliers
• Alternate fuel technology suppliers
• Pickup truck OEMs
• Industry associations and experts
• Dealers/Distributors
• Research organizations and consulting companies
• Research Institutes
• Industry associations
• Market research and consulting firm
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, Saudi Arabia high-performance trucks market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
• Saudi Arabia High-Performance Trucks Market, By Vehicle Type:
o Light Duty Trucks
o Medium Duty Trucks
o Heavy-Duty Trucks
• Saudi Arabia High-Performance Trucks Market, By Power Output:
o 250–400 HP
o 401–550 HP
o >550 HP
• Saudi Arabia High-Performance Trucks Market, By Fuel Type:
o Diesel
o Petrol/CNG
o Others
• Saudi Arabia High-Performance Trucks Market, By Transmission Type:
o Automatic
o Manual
• Saudi Arabia High-Performance Trucks Market, By Region:
o Northern & Central Region
o Western Region
o Southern Region
o Eastern Region
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Saudi Arabia High-Performance Trucks Market.
Available Customizations:
With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:
Company Information
• Detailed analysis and profiling of additional market players (up to five).
Profit Margin Analysis
• Profit margin analysis in case of direct and indirect sales channel.

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