Press Release

Middle East & North Africa Commercial Vehicle Market to Register a CAGR of 8.67% by 2028

The rapid increase in urbanization, increasing investment in logistics of e-commerce industry and infrastructure developments is driving the growth of Middle East & North Africa Commercial Vehicle market.


According to the TechSci Research report, “Middle East and North Africa Commercial Vehicle Market- By Country, Competition, Forecast and Opportunities, 2018-2028F”, Middle East and North Africa Market was valued  at  USD 25250.52 million in 2022 and the market value is anticipated to grow, registering a  CAGR of 8.67% during the forecast period.

Commercial vehicles are often employed as a mode of transport for various types of end use industries and they aid in tasks such as unloading, loading, and transportation of goods. The construction industry is rapidly expanding as a result of the large number of projects in the pipeline in each Middle Eastern country, and this also helps in realizing the goals of the various countries in the Middle East to diversify their economies.

The Middle Eastern commercial vehicle market is changing owing to several factors, including a greater emphasis on sustainability, the implementation of new laws by regional governments, and an increased need for digital solutions. Trucks with improved fuel efficiency, uptime, and lower total cost of ownership are in high demand. Many businesses are looking for more environment-friendly trucks that can help them lower their carbon footprint in response to sustainability concerns. New government-enforced measures are being implemented throughout the region to limit emissions and improve traffic safety.

Commercial vehicles are also becoming increasingly popular in the MENA region. They are used in industries such as waste management, mining, construction, and petrochemicals. Commercial vehicles demand would skyrocket across the MENA region. The demand for material handling and transporting equipment, such as commercial trucks and trailers, would rise. Prominent industry partners are collaborating to develop robust, long-lasting commercial vehicle. They also want to create chassis that can be loaded effectively. The use of newly developed materials such as steel and aluminium alloys would skyrocket. These materials make the chassis and automobile bodies strong and long-lasting under high-stress situations.


Browse more than 73 market data Figures spread through 146 Pages and an in-depth TOC on  "Middle East and North Africa Commercial Vehicle Market"


The Middle East and North Africa market can be segmented based on by vehicle type, by Propulsion, by application and by country. On the basis of vehicle type, the market is further divided into light commercial vehicles, medium commercial vehicles and heavy commercial vehicles. The light commercial vehicle segment dominates the vehicle type market with around 79% share due to the increasing growth of the e-Commerce and logistics industry who are using light commercial vehicle for the supply chain and distribution purpose. On the basis of propulsion, the market is further segmented into ICE and electric. The ICE segment has a market share of around 98% in propulsion category. Electric cars are gaining adoption in propulsion because to lower emissions and lower costs, and they are expected to grow at a CAGR of roughly 22% during the projection period. On the basis of application, the market is further segmented into logistics, construction, mining, oil & gas, and others. The logistics segment holds the highest share with around 51% share, owing to the rapid urbanization and emerging economies investing in the logistics sector to improve their distribution network.

Some of the major players operating in the Middle East and North Africa Commercial Vehicle Market include:

  • TATA Motors Ltd.
  • MAN Truck & Bus Middle East FZE
  • Ashok Leyland (U.A.E) L.L.C
  • Mercedes-Benz Group AG
  • Scania AB
  • Toyota Motor Corporation
  • Ab Volvo
  • Isuzu Motors International FZE
  • Zhengzhou Yutong Bus Co., Ltd.
  • General Motors Corporation
  • Ford Middle East


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“Many companies are investing in advanced technology and mechanism for the development of the new commercial vehicles’ products. The electrification of the vehicle has provided an opportunity for the manufactures to move toward electric commercial vehicle which boosts up the Middle East and North Africa commercial vehicle market. Furthermore, the government infrastructure developments plans, and growing e-commerce industry are increasing the commercial vehicle sales for their operations,"said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

Middle East & North Africa Commercial Vehicle Market By Vehicle Type (Light Commercial Vehicles (LCV), Medium Commercial Vehicles (MCV) and Heavy Commercial Vehicles (HCV)), By Propulsion (ICE, Electric), By Application (Construction, Logistics, Mining, Oil & Gas and Others) By Region Competition Forecast & Opportunities, 2018- 2028F, has evaluated the future growth potential of Middle East and North Africa Commercial Vehicle Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the Middle East and North Africa Commercial Vehicle market.


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Middle East & North Africa Commercial Vehicle Market By Vehicle Type (Light Commercial Vehicles (LCV), Medium Commercial Vehicles (MCV) and Heavy Commercial Vehicles (HCV)), By Propulsion (ICE, Electric), By Application (Construction, Logistics, Mining, Oil & Gas and Others) By Region, Competition, Forecast & Opportunities, 2018- 2028F

Automotive | May, 2023

The rapid increase in urbanization, increasing investment in logistics of e-commerce industry and infrastructure developments is expected to drive the growth of the Middle East & North Africa Commercial Vehicle market during the forecast period, 2023-2028.

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