Medium & Heavy Trucks in South Africa industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2012-16, and forecast to 2021). 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 South Africa medium & heavy trucks market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
The medium and heavy trucks market includes 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 tonnes and include pick-ups and vans where they fall into this weight range. HCVs and HBCs weigh over 16 tonnes; the converted trucks and buses are excluded. The market volume include the number of newly registrated vehicle in any given year. The market value is calculated in terms of average manufacturer selling price (MSP) against market volume, and excludes all taxes and levies. Any currency conversions used in the creation of this report have been calculated using constant 2016 annual average exchange rates.
The South African medium & heavy trucks market had total revenues of $19m in 2016, representing a compound annual growth rate (CAGR) of 4.2% between 2012 and 2016.
Market consumption volume increased with a CAGR of 1.7% between 2012 and 2016, to reach a total of 1.5 thousand units in 2016.
The market value growth was mainly driven by inflation of prices in South Africa, combined with devaluation of local currency that increased the cost of imports.
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Leading company profiles reveal details of key medium & heavy trucks market players’ global operations and financial performance
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What was the size of the South Africa medium & heavy trucks market by value in 2016?
What will be the size of the South Africa medium & heavy trucks market in 2021?
What factors are affecting the strength of competition in the South Africa medium & heavy trucks market?
How has the market performed over the last five years?
What are the main segments that make up South Africa's medium & heavy trucks market?