Trucks in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value 2007-11, and forecast to 2016). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Essential resource for top-line data and analysis covering the Singapore trucks market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
The trucks market consists of the light trucks market and medium & heavy trucks market. Light trucks include all light commercial vehicles (LCVs) and light buses and coaches (LBCs) weighing up to 3.5 tons. This includes pick-ups and vans, but excludes sports utility and similar vehicles. Medium and heavy trucks include 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 tons and include pick-ups, vans where they fall into this weight range. Sports utility vehicles and similar vehicles are not included. HCVs and HBCs weigh over 16 tons. The market value is calculated in terms of manufacturer selling price (MSP), and excludes all taxes and levies. Any currency conversions used in the creation of this report have been calculated using constant 2011 annual average exchange rates.
The Singaporean trucks market had total revenues of $162.8 million in 2011, representing a compound annual rate of change (CARC) of -20.9% between 2007 and 2011.
Market consumption volumes decreased with a CARC of -21% between 27-211, to reach a total of 4.9 thousand units in 211.
The performance of the market is forecast to decline further but with a slower pace, with an anticipated CARC of -4.7% for the five-year period 2011 - 2016, which is expected to drive the market to a value of $128.2 million by the end of 2016.
Save time carrying out entry-level research by identifying the size, growth, and leading players in the trucks market in Singapore
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the trucks market in Singapore
Leading company profiles reveal details of key trucks market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the Singapore trucks market with five year forecasts
Macroeconomic indicators provide insight into general trends within the Singapore economy
Key Questions Answered
What was the size of the Singapore trucks market by value in 2011?
What will be the size of the Singapore trucks market in 2016?
What factors are affecting the strength of competition in the Singapore trucks market?
How has the market performed over the last five years?