Kuwait commercial vehicle market is forecast to reach $ 940 million by 2023. Growing demand for commercial vehicles in the country can be attributed to increasing number of construction and infrastructure development projects, improving road infrastructure and stabilizing crude oil prices. Moreover, surging demand for buses for public transportation, worker’s transportation and for the transportation of school and university students across the country is expected to positively influence the country’s commercial vehicle market in the coming years. Rising logistics demand from e-commerce sector and growing presence of Indian and Chinese players in the bus segment is also expected to positively impact the country’s commercial vehicle market through 2023. 

Years considered for this report:

Historical Years: 2013-2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2019-2023

Objective of the Study:

  • To analyze and forecast the commercial vehicle market size in Kuwait.
  • To classify and forecast Kuwait commercial vehicle market on the basis of vehicle type, fuel type, application and region.
  • To identify drivers and challenges for Kuwait commercial vehicle market.
  • To identify market trends and development in Kuwait commercial vehicle market.
  • To identify and analyze the profile of leading players operating in Kuwait commercial vehicle market.


Click here to download the brochure

Some of the major companies operating in Kuwait commercial vehicle market are Toyota Motor Corporation, Mitsubishi Fuso Truck and Bus Corporation, Isuzu Motors Kuwait Co, Hyundai Motor Company, MAN Truck and Bus, Mercedes-Benz, Volvo, Ashok Leyland, Hino Motors Ltd., and Tata Motors Limited, among others.

In order to perform the study, TechSci Research conducted primary as well as exhaustive secondary research. Initially, TechSci Research prepared an exhaustive list of commercial vehicle dealers and companies operating in Kuwait. Subsequently, TechSci Research conducted primary research surveys, which included primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. Through this technique, TechSci Research was able to include commercial vehicle manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed service offerings, regional network, and regional presence of all major companies across the country.

TechSci Research calculated Kuwait commercial vehicle market size using a bottom-up technique, wherein the value service data for different vehicle types was recorded as well as forecast for the future years. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analyzing historical data of respective companies to arrive at the overall market size. Multiple secondary sources such as directories, databases such as OICA, World Bank, company websites, company annual reports, white papers, investor presentations and financial reports were also studied by TechSci Research.


Key Target Audience:

  • Commercial vehicle manufacturers, distributors and other stakeholders
  • Associations, organizations, forums and alliances related to commercial vehicles
  • Government bodies such as regulating authorities and policy makers
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as commercial vehicle importers, customers and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.

Report Scope:

In this report, Kuwait commercial vehicle market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, by Vehicle Type:
    • Light Commercial Vehicle
    • Medium Commercial Vehicle Heavy Commercial Vehicle
    • Bus
  • Market, by Fuel Type:
    • Diesel
    • Gasoline
    • Alternate Fuels
  • Market, by Application:
    • Construction
    • Logistics
    • Micro, Small & Medium Enterprises (MSME)
    • Others
  • Market, by Region:
    • Al Farwaniyah Region
    • Hawalli Region
    • Al Ahmadi Region
    • Capital Region
    • Al Jahra Region
    • Mubarak Al-Kabeer Region

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Kuwait commercial vehicle market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players.
In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

1.       Product Overview

2.       Research Methodology

3.       Analyst View

4.       Voice of Customer

4.1.    VOC - Light Commercial Vehicle

4.1.1.Factors Influencing Purchase Decision

4.1.2.Aided/Unaided Brand Recall

4.1.3.Brand Switching/Brand Switching Attributes

4.1.4.Brand Satisfaction Level

4.2.    VOC - Medium Commercial Vehicle

4.2.1.Factors Influencing Purchase Decision

4.2.2.Aided/Unaided Brand Recall

4.2.3.Brand Switching/Brand Switching Attributes

4.2.4.Brand Satisfaction Level

4.3.    VOC - Heavy Commercial Vehicle

4.3.1.Factors Influencing Purchase Decision

4.3.2.Aided/Unaided Brand Recall

4.3.3.Brand Switching/Brand Switching Attributes

4.3.4.Brand Satisfaction Level

4.4.    VOC - Bus

4.4.1.Factors Influencing Purchase Decision

4.4.2.Aided/Unaided Brand Recall

4.4.3.Brand Switching/Brand Switching Attributes

4.4.4.Brand Satisfaction Level

5.       Kuwait Commercial Vehicle Market Outlook

5.1.    Market Size & Forecast

5.1.1.By Value & Volume

5.2.    Market Share & Forecast

5.2.1.By Vehicle Type (Light Commercial Vehicle, Medium Commercial Vehicle, Heavy Commercial Vehicle & Bus)

5.2.2.By Fuel Type (Diesel, Gasoline & Alternate Fuels)

5.2.3.By Application (Construction, Logistics, Micro, Small & Medium Enterprises (MSME) & Others)

5.2.4.By Region

5.3.    Market Attractiveness Index (By Vehicle Type)

5.4.    Market Attractiveness Index (By Region)

6.       Kuwait Light Commercial Vehicle Market Outlook

6.1.    Market Size & Forecast

6.1.1.By Value & Volume

6.2.    Market Share & Forecast

6.2.1.By Vehicle Type (Light Duty Truck, Pickup Truck and Van)

6.2.2.By Fuel Type (Diesel, Gasoline & Alternate Fuels)

6.2.3.By Application (Construction, Logistics, Micro, Small & Medium Enterprises (MSME) & Others)

6.2.4.By Company

6.3.    Market Attractiveness Index (By Vehicle Type)

7.       Kuwait Medium Commercial Vehicle Market Outlook

7.1.    Market Size & Forecast

7.1.1.By Value & Volume

7.2.    Market Share & Forecast

7.2.1.By Tonnage (7.5-12 Ton & 12-16 Ton)

7.2.2.By Fuel Type (Diesel, Gasoline & Alternate Fuels)

7.2.3.By Application (Construction, Logistics & Others)

7.2.4.By Company

7.3.    Market Attractiveness Index (By Vehicle Type)

8.       Kuwait Bus Market Outlook

8.1.    Market Size & Forecast

8.1.1.By Value & Volume

8.2.    Market Share & Forecast

8.2.1.By Vehicle Type (Light Bus, Medium Bus & Heavy Bus)

8.2.2.By Fuel Type (Diesel, Gasoline & Alternate Fuels)

8.2.3.By Company

8.3.    Market Attractiveness Index (By Vehicle Type)

9.       Kuwait Heavy Commercial Vehicle Market Outlook

9.1.    Market Size & Forecast

9.1.1.By Value & Volume

9.2.    Market Share & Forecast

9.2.1.By Tonnage (16-25 Ton & Above 25 Ton)

9.2.2.By Fuel Type (Diesel, Gasoline & Alternate Fuels)

9.2.3.By Application (Construction, Logistics & Others)

9.2.4.By Company

9.3.    Market Attractiveness Index (By Vehicle Type)

10.   Import-Export Analysis

11.   Market Dynamics

11.1.  Drivers

11.2.  Challenges

12.   Market Trends & Developments

13.   SWOT Analysis

14.   Policy & Regulatory Landscape

15.   Economic Profile

16.   Competitive Landscape

16.1.  Toyota Motor Corporation

16.2.  Mitsubishi Fuso Truck and Bus Corporation

16.3.  Isuzu Motors Kuwait Co

16.4.  Hyundai Motor Company

16.5.  MAN Truck and Bus

16.6.  Mercedes-Benz

16.7.  Volvo

16.8.  Ashok Leyland

16.9.  Hino Motors Ltd.

16.10.   Tata Motors Limited

17.   Strategic Recommendations

 

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

  • List of Figures

     

    Figure 1: Kuwait Light Commercial Vehicle Market - Factors Influencing Purchase Decision (N=50)

    Figure 2: Kuwait Light Commercial Vehicle Market - Aided Brand Recall (N=50)

    Figure 3: Kuwait Light Commercial Vehicle Market - Unaided Brand Recall (N=50)

    Figure 4: Kuwait Light Commercial Vehicle Market - Brand Switching (N=50)

    Figure 5: Kuwait Light Commercial Vehicle Market - Brand Switching Attributes (N=50)

    Figure 6: Kuwait Light Commercial Vehicle Market Brand Satisfaction Level (N=50)

    Figure 7: Kuwait Light Commercial Vehicle Market - Brand Satisfaction Level, By Maintenance (N=50)

    Figure 8: Kuwait Light Commercial Vehicle Market - Brand Satisfaction Level, By Vehicle Handling (N=50)

    Figure 9: Kuwait Light Commercial Vehicle Market - Brand Satisfaction Level, By After-sale Service (N=50)

    Figure 10: Kuwait Light Commercial Vehicle Market - Brand Satisfaction Level, By Performance (N=50)

    Figure 11: Kuwait Light Commercial Vehicle Market - Brand Satisfaction Level, By Pricing Factor(N=50)

    Figure 12: Kuwait Light Commercial Vehicle Market - Brand Satisfaction Level, By Load bearing capacity(N=50)

    Figure 13: Kuwait Medium Commercial Vehicle Market - Factors Influencing Purchase Decision (N=30)

    Figure 14: Kuwait Medium Commercial Vehicle Market - Aided Brand Recall (N=30)

    Figure 15: Kuwait Medium Commercial Vehicle Market - Unaided Brand Recall (N=30)

    Figure 16: Kuwait Medium Commercial Vehicle Market - Brand Switching (N=30)

    Figure 17: Kuwait Medium Commercial Vehicle Market - Brand Switching Attributes (N=30)

    Figure 18: Kuwait Medium Commercial Vehicle Market Brand Satisfaction Level (N=30)

    Figure 19: Kuwait Medium Commercial Vehicle Market - Brand Satisfaction Level, By Maintenance (N=30)

    Figure 20: Kuwait Medium Commercial Vehicle Market - Brand Satisfaction Level, By Vehicle Handling (N=30)

    Figure 21: Kuwait Medium Commercial Vehicle Market - Brand Satisfaction Level, By After-sale service (N=30)

    Figure 22: Kuwait Medium Commercial Vehicle Market - Brand Satisfaction Level, By Performance (N=30)

    Figure 23: Kuwait Medium Commercial Vehicle Market - Brand Satisfaction Level, By Pricing Factor (N=30)

    Figure 24: Kuwait Medium Commercial Vehicle Market - Brand Satisfaction Level, By Load bearing capacity (N=30)

    Figure 25: Kuwait Heavy Commercial Vehicle Market - Factors Influencing Purchase Decision (N=15)

    Figure 26: Kuwait Heavy Commercial Vehicle Market - Aided Brand Recall (N=15)

    Figure 27: Kuwait Heavy Commercial Vehicle Market - Unaided Brand Recall (N=15)

    Figure 28: Kuwait Heavy Commercial Vehicle Market - Brand Switching Attributes (N=15)

    Figure 29: Kuwait Heavy Commercial Vehicle Market - Brand Switching Attributes (N=15)

    Figure 30: Kuwait Heavy Commercial Vehicle Market Brand Satisfaction Level (N=15)

    Figure 31: Kuwait Heavy Commercial Vehicle Market - Brand Satisfaction Level, By Maintenance (N=15)

    Figure 32: Kuwait Heavy Commercial Vehicle Market - Brand Satisfaction Level, By Vehicle Handling (N=15)

    Figure 33: Kuwait Heavy Commercial Vehicle Market - Brand Satisfaction Level, By After-sale service (N=15)

    Figure 34: Kuwait Heavy Commercial Vehicle Market - Brand Satisfaction Level, By Performance (N=15)

    Figure 35: Kuwait Heavy Commercial Vehicle Market - Brand Satisfaction Level, By Pricing Factor (N=15)

    Figure 36: Kuwait Heavy Commercial Vehicle Market - Brand Satisfaction Level, By Load bearing capacity(N=15)

    Figure 37: Kuwait Bus Market - Factors Influencing Purchase Decision (N=30)

    Figure 38: Kuwait Bus Market - Aided Brand Recall (N=30)

    Figure 39: Kuwait Bus Market - Unaided Brand Recall (N=30)

    Figure 40: Kuwait Bus Market - Brand Switching (N=30)

    Figure 41: Kuwait Bus Market - Brand Switching Attributes (N=30)

    Figure 42: Kuwait Bus Market Brand Satisfaction Level (N=30)

    Figure 43: Kuwait Bus Market - Brand Satisfaction Level, By Maintenance (N=30)

    Figure 44: Kuwait Bus Market - Brand Satisfaction Level, By Vehicle Handling (N=30)

    Figure 45: Kuwait Bus Market - Brand Satisfaction Level, By After-sale service (N=30)

    Figure 46: Kuwait Bus Market - Brand Satisfaction Level, By Performance (N=30)

    Figure 47: Kuwait Bus Market - Brand Satisfaction Level, By Pricing Factor (N=30)

    Figure 48: Kuwait Bus Market - Brand Satisfaction Level, By Load bearing capacity (N=30)

    Figure 49: Kuwait Commercial Vehicle Market Size, By Value (USD Billion), By Volume (Thousand Unit), 2013-2023F

    Figure 50: Kuwait Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2013-2023F

    Figure 51: Kuwait Commercial Vehicle Market Share, By Fuel Type, By Volume, 2013-2023F

    Figure 52: Kuwait Commercial Vehicle Market Share, By Application, By Volume, 2013-2023F

    Figure 53: Kuwait Commercial Vehicle Market Share, By Region, By Volume, 2017 & 2023F

    Figure 54: Kuwait Commercial Vehicle Market Attractiveness Index, By Vehicle Type, By Volume,

    2018E-2023F

    Figure 55: Kuwait Commercial Vehicle Market Attractiveness Index, By Region, By Volume,

    2018E-2023F

    Figure 56: Kuwait Light Commercial Vehicle Market Size, By Value (USD Billion), By Volume (Thousand Unit), 2013-2023F

    Figure 57: Kuwait Light Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2013-2023F

    Figure 58: Kuwait Light Commercial Vehicle Market Share, By Fuel Type, By Volume, 2013-2023F

    Figure 59: Kuwait Light Commercial Vehicle Market Share, By Application, By Volume, 2013-2023F

    Figure 60: Kuwait Light Commercial Vehicle Market Share, By Company, By Volume, 2017 & 2023F

    Figure 61: Kuwait Light Commercial Vehicle Market Attractiveness Index, By Vehicle Type, By Volume, 2018E-2023F

    Figure 62: Kuwait Medium Commercial Vehicle Market Size, By Value (USD Billion), By Volume (Thousand Unit), 2013-2023F

    Figure 63: Kuwait Medium Commercial Vehicle Market Share, By Tonnage, By Volume, 2013-2023F

    Figure 64: Kuwait Medium Commercial Vehicle Market Share, By Fuel Type, By Volume, 2013-2023F

    Figure 65: Kuwait Medium Commercial Vehicle Market Share, By Application, By Volume, 2013-2023F

    Figure 66: Kuwait Medium Commercial Vehicle Market Share, By Company, By Volume, 2017 & 2023F

    Figure 67: Kuwait Medium Commercial Vehicle Market Attractiveness Index, By Vehicle Type, By Volume, 2018E-2023F

    Figure 68: Kuwait Bus Market Size, By Value (USD Billion), By Volume (Thousand Unit), 2013-2023F

    Figure 69: Kuwait Bus Market Share, By Vehicle Type, By Volume, 2013-2023F

    Figure 70: Kuwait Bus Market Share, By Fuel Type, By Volume, 2013-2023F

    Figure 71: Kuwait Bus Market Share, By Company, By Volume, 2017 & 2023F

    Figure 72: Kuwait Bus Market Attractiveness Index, By Vehicle Type, By Volume, 2018E-2023F

    Figure 73: Kuwait Heavy Commercial Vehicle Market Size, By Value (USD Billion), By Volume (Thousand Unit), 2013-2023F

    Figure 74: Kuwait Heavy Commercial Vehicle Market Share, By Tonnage, By Volume, 2013-2023F

    Figure 75: Kuwait Heavy Commercial Vehicle Market Share, By Fuel Type, By Volume, 2013-2023F

    Figure 76: Kuwait Heavy Commercial Vehicle Market Share, By Application, By Volume, 2013-2023F

    Figure 77: Kuwait Heavy Commercial Vehicle Market Share, By Company, By Volume, 2017 & 2023F

    Figure 78: Kuwait Heavy Commercial Vehicle Market Attractiveness Index, By Vehicle Type, By Volume, 2018E-2023F

     

    List of Tables

     

    Table 1: Kuwait Commercial Vehicle Imports, By Value, 2013-2017 (USD Million)

    Table 2: Kuwait Commercial Vehicle Exports, By Value, 2013-2017 (USD Million)