Explore more Categories
Artificial Intelligence involves the science and engineering of developing intelligent machines
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models
IoT will have a major impact on businesses and consumers in the future
The world is creating 2.5 exabytes of data daily
Our research seeks to connect-the-dots across multiple trends
Personal Robots are Set to Be a $19 Billion Market
Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies
Time for a Digital Revolution in the Women’s Health Market
iFrost is a digital platform for interactive and dynamic reporting of data.
The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
Economic Recovery and Investment in Infrastructure will Drive Market Growth
save 25 %
* Required Fields
Pay by invoice
The GCC automotive market was severely affected by the economic downturn arising from decline in oil prices. The region is however aiming to diversify its economy to decrease its reliance on the oil sector. This will prevent the oil price from having such a significant impact on its economy.Commercial vehicle (CV) sales have dropped year after year, but are expected to recover as the oil price strengthens and the region invests in infrastructure development. Mega projects, which include World Expo 2020 and the FIFA World Cup, will create demand for CVs as well as boost tourism across the region. Public transport systems in the GCC are largely underdeveloped. The low demand for public transport stems partly from low-cost petrol prices. Regulatory changes, such as the implementation of value-added tax (VAT) across the region, and more stringent emission standards are also set to affect vehicle sales and imports of vehicles.CV demand is largely met through imports, and supplemented through local assembly and manufacturing. Locally manufactured vehicles are exported to the greater Middle East region and to countries in Africa. Imported vehicles are also re-exported. GCC’s geographic location provides a strategic advantage to facilitate exports. Japanese and European brands dominate the market across vehicle segments. This study will cover the light, medium and heavy commercial vehicle market in select GCC countries. The base year of this study is 2018 and the forecast period is until 2022. The geographic scope of this study will cover Saudi Arabia, Oman, United Arab Emirates, and Kuwait only.
The core objectives of this study are the following:
Key Issues Addressed
Latin America Passenger Vehicle Market Outlook, 2019
Global Light Commercial Vehicle Market Outlook, 2019
TCO Analysis and Case for Electric Trucks in North America, 2017–2030
Global Semi-Trailers Market, 2017–2025
North America Category Management Report—Replacement Demand Analysis for Class 6-8 Selected Emission Control and Aftertreatment Components Aftermarket, Forecast to 2024
Global Digital Freight Brokerage Market Opportunities, Forecast to 2025
Truck-as-a-Service Market, Forecast to 2025
Strategic Analysis of Thailand’s Commercial Vehicle Industry, Forecast to 2022
Global Farm Equipment Telematics Market, Forecast to 2023
Connected Truck Telematics Market in UK and Ireland, Forecast to 2019
composite materials market
fleet management market
energy storage market
wearable technology market
aerospace industry outlook
plastic waste management market
cloud security market
3d printer market share
Don't have an account? Create One!
Enter your Email Address here to receive a link to change password.
If you are an existing frost.com user, please register using the same email for seamless access
Already have an account? Login!
Use your Linkedin account to login or register within our store.You're just one click away.