Commercial Vehicles

World Market Report

MCP-4104

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FEB 2022

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Global Commercial Vehicles Market to Reach 27.9 Million Units by 2026

Commercial vehicles represent an important means of business transport, and may include freight vehicles, company vans, and other such vehicles not owned by an individual for personal use. Growth in the commercial vehicles market is primarily driven by availability of freight, and level of transportation and logistics activity, which in turn is dependent on economic growth and health of commercial, business, and industrial activity. Government spending on infrastructure projects such as power generation, road constructions, mining, mega and smart cities will also drive demand for a range of commercial vehicles used for transportation in these segments. Open trade environment, tax policies towards automobile sector, availability of consumer finance, fluctuation in exchange rates, varying inflation levels also influence the industry`s growth prospects. Other factors that are critical to commercial vehicles market include stringent environmental laws, globalization of vehicle concepts, transportation infrastructure in place and technology advancements such as advanced driver assistance systems for passenger/vehicle safety and accident prevention. The demand for automobiles, particularly commercial vehicles, is also highly influenced by fluctuations in international oil prices. This phenomenon is particularly prominent in developing nations.

Amid the COVID-19 crisis, the global market for Commercial Vehicles estimated at 23.4 Million Units in the year 2022, is projected to reach a revised size of 27.9 Million Units by 2026, growing at a CAGR of 4.4% over the analysis period. The demand for light commercial vehicles segment remains dominant in the market due to versatile performance of such vehicles in varied conditions, ease-of-maintenance, comfort and cost-effectiveness. Growing levels of economic activity, increasing road transportation, and recovery in global production & trade are leading to increased consumer spending on trucks. Recovery in business spending in the year 2021 & beyond will bring back growth fundamentals currently forced into hiatus by the virus led disruption and economic recession. Sales of commercial vehicles are witnessing a gradual increase in volumes in certain countries driven by an uptick in demand from construction, agriculture, and mining sectors. In addition, inventory push and heavy discounts offered by commercial vehicle manufacturers are also contributing to a certain extent towards the rise in volume sales.

The U.S. Market is Estimated at 11 Million Units in 2022, While China is Forecast to Reach 5.7 Million Units by 2026

The Commercial Vehicles market in the U.S. is estimated at 11 Million Units in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of 5.7 Million Units by the year 2026 trailing a CAGR of 6.5% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.9% and 3.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.4% CAGR. While the US continues to retain its standing as a leading commercial vehicle manufacturing nation, the Asia-Pacific market is developing into a region laden with tremendous potential in terms of production. China and India will continue to be growth engines for the market in the short to medium term period, owing to huge demand for commercial vehicles and subsequent rise in their production in these countries.

SELECT PLAYERS

AB Volvo; Ashok Leyland Limited; BYD; Daimler AG; Dongfeng Motor Corporation; Ford Motor Corporation; General Motors Company; Groupe Renault; Hino Motors, Ltd.; Hyundai Motor Company; Isuzu Commercial Truck of America, Inc.; Mitsubishi Fuso Truck of America, Inc.; Proterra; Scania AB; Tata Motors Ltd; Toyota (GB) PLC; VDL Groep; MAN SE; Yutong

SEGMENTS

» Commercial Vehicles

GEOGRAPHIES

» World » USA » Canada » Japan » China » Europe » France » Germany » Italy » UK » Spain » Russia » Turkey » Rest of Europe » Asia-Pacific » Australia » India » South Korea » Rest of Asia-Pacific » Latin America » Argentina » Brazil » Mexico » Rest of Latin America » Middle East » Iran » Israel » Saudi Arabia » UAE » Rest of Middle East » Africa

TABLE OF CONTENTS

1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
EXHIBIT: World Economic Growth Projections (Real GDP, annual % Change) for 2019, 2020 & 2021
COVID-19 Impact on Commercial Vehicles Market
EXHIBIT 3: Global Logistics Industry 2019 Vs 2020 Growth (In %)
CV Industry Likely to See Significant Changes in Post COVID Period
Rise in Uptake of Autonomous Vehicles & Truck Platooning
Telematics & Uptime Support
Commercial Vehicles – Global Key Competitors Percentage Market Share in 2022 (E)
Commercial Vehicles: A Prelude
Disparity in Classification of CVs by Region
Exhibit: Global Market for Commercial Vehicles by Type: 2020
Exhibit: Global Market for Commercial Vehicles by End-Use: 2020
EXHIBIT: Categorization of Trucks based on GVW
Categorization of Trucks based on Class and End-Use
Correlation Between the CV Market & the Transportation Industry
Market Outlook
Developing Markets to Lend Traction to Market
Nearshoring Trend Positions Brazil & Mexico as a Strong Production Centers for CVs
Light Commercial Vehicles Commands Largest Share
Trucks: Backbone of Logistics Industry
Global Industrial Truck Market: An Overview
Competition
Manufacturers Focus on Supplier-End User Relationship
EXHIBIT: Market Share of Leading Players in the Global (>16t) Truck Market: 2019
EXHIBIT: Market Share of Leading Players in the Global Light Commercial Vehicles Market: 2019
EXHIBIT: Market Share of Leading Players in the Global Heavy Commercial Vehicles Market: 2019
Recent Market Activity
World Brands
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
COVID-19 Galvanizes Electric Light Commercial Vehicles to Play as Backbone of Delivery Infrastructure
Buzzing Trends with Potential to Redefine Commercial Vehicle Space
Vehicle Efficiency Gains Focus
Trend Towards Alternative Fuels & Diesel
Select Examples
Electrification of Commercial Vehicles Gains Momentum
Select Developments in Commercial Electric Vehicles Space
Marking an Era of Automated & Autonomous Vehicles
Disruptions in Traditional Vehicle Architecture
Servitization Garners Pace
Use of Insurance Packages
Rise in Use of Advanced Tracking Systems
Driverless Systems Seek Role in CV Industry
Digitalization of Logistics & Market Changes Prompt Truck Operators to Rush Headlong into Automation Drive
Cloud Computing Experiences Increasing Adoption
Connected Technology to Revolutionize Commercial Vehicle Ecosystem
IoT Supports Roll Out of Connected CVs
EXHIBIT: Global IoT Market (In US$ Billion) by Industry for the Years 2018 and 2022
Focus on Smart Highway to Elevate the Image of Connected CV
EXHIBIT: The Growing Need to Bridge Infrastructure Gap Which is the Highest for Roadways Promises Robust Opportunity for Smart Highways: Global Cumulative Investments in Roadways Vs Actual Need for the Period 2016-2040 (In US$ Billion)
On-Road Safety Drives Business Case for Connected CV
Rising Average Vehicle Life Provides a Fertile Environment for New CV Purchases
Exhibit: Average Age of Trucks and Buses in the EU (in Years): 2016-2018
Trend Towards Low-Emission and Fuel Efficient Vehicles
Hybrid Commercial Vehicles in the Spotlight
Safety Features Gain Precedence
Growing Focus On Telematics as a Key Value Addition in Trucking Industry
Rising Demand for Refrigerated Vehicles Augurs Well for CV Market
Global Cold Chain Industry (In US$ Billion) for the Years 2017, 2020 and 2025
4. GLOBAL MARKET PERSPECTIVE
World Recent Past, Current & Future Analysis for Commercial Vehicles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Units for Years 2020 through 2027 and % CAGR
World Historic Review for Commercial Vehicles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
World 15-Year Perspective for Commercial Vehicles by Geographic Region - Percentage Breakdown of Volume Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2012, 2021 & 2027
UNITED STATES
Commercial Vehicles Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
Market Overview
Factors Governing Demand for Heavy Duty Commercial Vehicles
Food Trucks Gain Demand
Privatization of School Bus Services Lends Growth
Competition: Market Share Findings
EXHIBIT: Market Share of Leading Players in the US Class 8 Trucks Market: 2020E
EXHIBIT: Market Share of Leading Brands in the US Pickup Trucks Market: 2019
EXHIBIT: US Commercial Van Market (2020): Percentage Share Breakdown of Sales by Leading Brands
Market Analytics
USA Recent Past, Current & Future Analysis for Commercial Vehicles by Segment - Commercial Vehicles - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
USA Historic Review for Commercial Vehicles by Segment - Commercial Vehicles Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
CANADA
Market Analytics
Market Overview
EXHIBIT: Canadian Pickup Trucks Market (Q3 2020 and Q3 2019): Percentage Share Breakdown of Unit Sales by Leading Brands
EXHIBIT: Canadian Commercial Van Market (2019 and 2020): Percentage Share Breakdown of Unit Sales by Leading Brands
Canada Recent Past, Current & Future Analysis for Commercial Vehicles by Segment - Commercial Vehicles - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
Canada Historic Review for Commercial Vehicles by Segment - Commercial Vehicles Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
JAPAN
Commercial Vehicles Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)
Japan Recent Past, Current & Future Analysis for Commercial Vehicles by Segment - Commercial Vehicles - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
Japan Historic Review for Commercial Vehicles by Segment - Commercial Vehicles Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
CHINA
Commercial Vehicles Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
Market Overview
Chinese Truck Market: An Overview
EXHIBIT: Chinese Truck Market by Segment (2019): Percentage Breakdown of Value Sales for Heavy Truck, Light Truck, Medium Truck and Mini Truck
Competitive Scenario
EXHIBIT: Chinese Heavy Duty Trucks Market (2019): Percentage Breakdown of Sales by Leading Players
EXHIBIT: Chinese Medium Duty Trucks Market (2019): Percentage Breakdown of Sales by Leading Players
Market Analytics
China Recent Past, Current & Future Analysis for Commercial Vehicles by Segment - Commercial Vehicles - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
China Historic Review for Commercial Vehicles by Segment - Commercial Vehicles Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
Bus Segment Scenario
EXHIBIT: Chinese Bus Market by Segment (2019): Percentage Breakdown of Value Sales for Large Bus, Light Bus, Medium Bus and Mini Bus
EUROPE
Commercial Vehicles Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
Europe Recent Past, Current & Future Analysis for Commercial Vehicles by Geographic Region - France, Germany, Italy, UK, Spain, Russia, Turkey and Rest of Europe Markets - Independent Analysis of Annual Sales in Units for Years 2020 through 2027 and % CAGR
Europe Historic Review for Commercial Vehicles by Geographic Region - France, Germany, Italy, UK, Spain, Russia, Turkey and Rest of Europe Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
Europe 15-Year Perspective for Commercial Vehicles by Geographic Region - Percentage Breakdown of Volume Sales for France, Germany, Italy, UK, Spain, Russia, Turkey and Rest of Europe Markets for Years 2012, 2021 & 2027
FRANCE
Commercial Vehicles Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)
France Recent Past, Current & Future Analysis for Commercial Vehicles by Segment - Commercial Vehicles - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
France Historic Review for Commercial Vehicles by Segment - Commercial Vehicles Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
GERMANY
Commercial Vehicles Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)
ELCVs Gain Momentum Amid Stringent Regulations
Germany Recent Past, Current & Future Analysis for Commercial Vehicles by Segment - Commercial Vehicles - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
Germany Historic Review for Commercial Vehicles by Segment - Commercial Vehicles Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
ITALY
Italy Recent Past, Current & Future Analysis for Commercial Vehicles by Segment - Commercial Vehicles - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
Italy Historic Review for Commercial Vehicles by Segment - Commercial Vehicles Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
UNITED KINGDOM
Commercial Vehicles Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)
UK Recent Past, Current & Future Analysis for Commercial Vehicles by Segment - Commercial Vehicles - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
UK Historic Review for Commercial Vehicles by Segment - Commercial Vehicles Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
SPAIN
Spain Recent Past, Current & Future Analysis for Commercial Vehicles by Segment - Commercial Vehicles - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
Spain Historic Review for Commercial Vehicles by Segment - Commercial Vehicles Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
RUSSIA
Russia Recent Past, Current & Future Analysis for Commercial Vehicles by Segment - Commercial Vehicles - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
Russia Historic Review for Commercial Vehicles by Segment - Commercial Vehicles Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
TURKEY
Turkey Recent Past, Current & Future Analysis for Commercial Vehicles by Segment - Commercial Vehicles - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
Turkey Historic Review for Commercial Vehicles by Segment - Commercial Vehicles Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
REST OF EUROPE
Rest of Europe Recent Past, Current & Future Analysis for Commercial Vehicles by Segment - Commercial Vehicles - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
Rest of Europe Historic Review for Commercial Vehicles by Segment - Commercial Vehicles Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
ASIA-PACIFIC
Commercial Vehicles Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
Market Overview
Asia-Pacific Recent Past, Current & Future Analysis for Commercial Vehicles by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in Units for Years 2020 through 2027 and % CAGR
Asia-Pacific Historic Review for Commercial Vehicles by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
Asia-Pacific 15-Year Perspective for Commercial Vehicles by Geographic Region - Percentage Breakdown of Volume Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2012, 2021 & 2027
AUSTRALIA
Commercial Vehicles Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2022 (E)
Australia Recent Past, Current & Future Analysis for Commercial Vehicles by Segment - Commercial Vehicles - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
Australia Historic Review for Commercial Vehicles by Segment - Commercial Vehicles Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
INDIA
Commercial Vehicles Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2022 (E)
Market Overview
Highway Development Programs Favor Growth
Hybrid & Electric CVs to Expand Market
Regulations to Drive Technological Innovations
Competitive Scenario
Stiff Competition from Foreign Manufacturers
EXHIBIT: Indian Commercial Vehicles Market (2019): Percentage Breakdown of Production by Leading Players
EXHIBIT: Indian Commercial Vehicles Market (2019): Percentage Breakdown of Volume Sales by Leading Players
EXHIBIT: Indian Medium & Heavy Trucks Market (2019): Percentage Breakdown of Sales by Company
EXHIBIT: Indian Commercial Vehicle Market (2019): Percentage Share Breakdown of Light Commercial Vehicle (Goods Transport) by Company
Market Analytics
India Recent Past, Current & Future Analysis for Commercial Vehicles by Segment - Commercial Vehicles - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
India Historic Review for Commercial Vehicles by Segment - Commercial Vehicles Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
SOUTH KOREA
South Korea Recent Past, Current & Future Analysis for Commercial Vehicles by Segment - Commercial Vehicles - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
South Korea Historic Review for Commercial Vehicles by Segment - Commercial Vehicles Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
REST OF ASIA-PACIFIC
Thailand
Rest of Asia-Pacific Recent Past, Current & Future Analysis for Commercial Vehicles by Segment - Commercial Vehicles - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
Rest of Asia-Pacific Historic Review for Commercial Vehicles by Segment - Commercial Vehicles Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
LATIN AMERICA
Commercial Vehicles Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2022 (E)
Market Overview
Latin America Recent Past, Current & Future Analysis for Commercial Vehicles by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in Units for Years 2020 through 2027 and % CAGR
Latin America Historic Review for Commercial Vehicles by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
Latin America 15-Year Perspective for Commercial Vehicles by Geographic Region - Percentage Breakdown of Volume Sales for Argentina, Brazil, Mexico and Rest of Latin America Markets for Years 2012, 2021 & 2027
ARGENTINA
Argentina Recent Past, Current & Future Analysis for Commercial Vehicles by Segment - Commercial Vehicles - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
Argentina Historic Review for Commercial Vehicles by Segment - Commercial Vehicles Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
BRAZIL
Market Overview
EXHHIBIT: Leading Truck Brands in Brazil based on Number of Registrations: 2019
Market Analytics
Brazil Recent Past, Current & Future Analysis for Commercial Vehicles by Segment - Commercial Vehicles - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
Brazil Historic Review for Commercial Vehicles by Segment - Commercial Vehicles Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
MEXICO
Mexico Recent Past, Current & Future Analysis for Commercial Vehicles by Segment - Commercial Vehicles - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
Mexico Historic Review for Commercial Vehicles by Segment - Commercial Vehicles Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
REST OF LATIN AMERICA
Rest of Latin America Recent Past, Current & Future Analysis for Commercial Vehicles by Segment - Commercial Vehicles - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
Rest of Latin America Historic Review for Commercial Vehicles by Segment - Commercial Vehicles Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
MIDDLE EAST
Commercial Vehicles Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2022 (E)
Middle East Recent Past, Current & Future Analysis for Commercial Vehicles by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in Units for Years 2020 through 2027 and % CAGR
Middle East Historic Review for Commercial Vehicles by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
Middle East 15-Year Perspective for Commercial Vehicles by Geographic Region - Percentage Breakdown of Volume Sales for Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets for Years 2012, 2021 & 2027
IRAN
Iran Recent Past, Current & Future Analysis for Commercial Vehicles by Segment - Commercial Vehicles - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
Iran Historic Review for Commercial Vehicles by Segment - Commercial Vehicles Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
ISRAEL
Israel Recent Past, Current & Future Analysis for Commercial Vehicles by Segment - Commercial Vehicles - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
Israel Historic Review for Commercial Vehicles by Segment - Commercial Vehicles Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
SAUDI ARABIA
Saudi Arabia Recent Past, Current & Future Analysis for Commercial Vehicles by Segment - Commercial Vehicles - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
Saudi Arabia Historic Review for Commercial Vehicles by Segment - Commercial Vehicles Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
UNITED ARAB EMIRATES
UAE Recent Past, Current & Future Analysis for Commercial Vehicles by Segment - Commercial Vehicles - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
UAE Historic Review for Commercial Vehicles by Segment - Commercial Vehicles Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
REST OF MIDDLE EAST
Rest of Middle East Recent Past, Current & Future Analysis for Commercial Vehicles by Segment - Commercial Vehicles - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
Rest of Middle East Historic Review for Commercial Vehicles by Segment - Commercial Vehicles Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
AFRICA
Commercial Vehicles Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2022 (E)
Africa Recent Past, Current & Future Analysis for Commercial Vehicles by Segment - Commercial Vehicles - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
Africa Historic Review for Commercial Vehicles by Segment - Commercial Vehicles Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
Total Companies Profiled: 124

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