morocco commercial vehicles market forecast and opportunities, 2020
TRANSCRIPT
M a r k e t I n t e l l i g e n c e . C o n s u l t i n g
Morocco Commercial Vehicle Market Forecast & Opportunities , 2020
I n d u s t r y B r i e f
11
© TechSci Research
Morocco is one of the emerging automobile markets in North Africa. The Automobile Industry in Morocco is highly
dependent on CKD (Completely Knocked Down) imports due to minimal domestic automobile production in the
country. Growing infrastructure projects including construction of roads, bridges and ports; increasing
government focus on attracting new investments in the automotive sector; continuing growth in tourism, rising
free trade agreements with Europe and other countries are the major factors driving Morocco’s commercial
vehicle market. Over the last few years, Moroccan government has been focusing on implementing favorable
policies for automobile investors by easing procedures and providing better protection to private operators by
introducing new laws aimed at boosting investments in the automotive sector. All these factors are expected to
have a huge positive impact on the country’s commercial vehicle market in the long term.
According to “Morocco Commercial Vehicles Market Forecast & Opportunities, 2020”, the country’s
commercial vehicle market is projected to witness a CAGR of around 5% during 2015-20. In volume terms, Light
Commercial Vehicles (LCV) hold the majority share among all the commercial vehicles and are the most widely
used in the country, followed by Medium Heavy Commercial Vehicles (MHCVs) and Buses. Nevertheless, the sale
for heavy duty trucks is rising in Morocco, as a result of surging demand for trucks from mining and construction
sectors. Mitsubishi, Iveco, Hino, Mercedes Benz, Volvo, Hyundai, Isuzu Motors and Scania are the leading players
operating in Morocco’s commercial vehicles market. “Morocco Commercial Vehicles Market Forecast &
Opportunities, 2020” report elaborates following particulars about the commercial vehicles market in Morocco:
• Morocco Commercial Vehicles Market Size, Share & Forecast
• Policy & Regulatory Landscape
• Changing Market Trends & Emerging Opportunities
• Competitive Landscape & Strategic Recommendations
• Segmental Analysis - By Vehicle Type (Trucks, Buses &Vans)
R e s e a r c h M e t h o d o l o g y
© TechSci Research
3
Baseline Methodology :
For the study, TechSci Research gathered information through primary research surveys with prominent commercial vehicles
dealers and manufacturers based in Morocco. We have then verified the information from prominent distributors of commercial
vehicles operating in the country. We also put through an exhaustive search of credible paid databases such as Business Week,
Factiva, Hoovers, etc., including our internal database. Our team of analysts has evaluated all the collected information and
presented it in chronological order to depict a meaningful and clear picture of Morocco Commercial Vehicle Market.
While compiling the data, we have also cross checked all the collected information from multiple sources and data warehouses,
so as to present the most accurate and precise information of the concerned industry.
Sources : GPLC, Company Annual reports, Company Websites
Companies Interviewed MAN trucks Maroc, VOLVO Maroc, Scania Maroc, Mercedes Benz Maroc, CFAO
T a b l e o f C o n t e n t
4
1. Research Methodology
2. Product Overview
3. Analyst View
4. Morocco Automobile Market Overview
5. Morocco Commercial Vehicle Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.1.2. By Volume
5.2. Market Size & Forecast
5.2.1 By Vehicle Type
5.2.2. By Company
6. Morocco Truck Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.1.2. By Volume
6.2. Market Size & Forecast
6.2.1 By Vehicle Type
6.2.2. By Company
6.2.3 By Region
6.2.4 By End Use Industry
6.3. Pricing Analysis
6.4 Competition Outlook
7. Morocco Truck Market – Market Dynamics © Tehsil Research
T a b l e o f C o n t e n t
5
8. Morocco Bus Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.1.2. By Volume
8.2. Market Size & Forecast
8.2.1. By Vehicle Type
8.2.2. By Company
8.2.3. By Region
8.2.4. By End Use Industry
8.3. Pricing Analysis
8.4. Competition Outlook
9. Morocco Bus Market – Market Dynamics
10. Morocco Light Commercial Vans Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.1.2. By Volume
10.2. Market Size & Forecast
10.2.1. By End Use Industry
10.3. Pricing Analysis
11. Morocco Light Commercial Vans Market – Market Dynamics
12. Policy and Regulatory Landscape
13. Trade Dynamics
© Tehsil Research
T a b l e o f C o n t e n t
6
14. Market Trends and Developments
15. Morocco Economic Profile
16. Competitive Landscape
16.1 Toyota Maroc
16.2 Renault Maroc
16.3 Scania Maroc
16.4 Volvo Maroc
16.5 Mitsubishi FUSO Truck and Bus Corporation
16.6 Mercedes-Benz Maroc
16.7 IVECO
16.8 DAF Trucks
16.9 Hyundai Motor Company
16.10 MAN Trucks
17. Strategic Recommendations
18. About Us and Disclaimer
© Tehsil Research
S a m p l e D a t a - S n a p s h o t
7
Morocco Bus Market Size, By Vehicle Type, By Value, 2010 – 2020F (USD Million)
Morocco Bus Market Size, By Vehicle Type, By Volume, 2010 – 2020F (Units)
© TechSci Research
20.0030.00
40.0050.00
60.0070.00
80.0090.00
100.00110.00
120.00100.00
110.00120.00
130.00140.00
150.00160.00
170.00180.00
190.00200.00
2010 2011 2012 2013 2014 2015E 2016F 2017F 2018F 2019F 2020F
Intercity Buses
City Buses
50 60 70 80 90129 132 135 138 140 140
200
300
400
500
600
311 330 350 372 394 421
2010 2011 2012 2013 2014 2015E 2016F 2017F 2018F 2019F 2020F
Intercity Buses City Buses
Mitsubishi,
25.00%
Renault,
25.00%
ISUZU,
25.00%
Scania,
25.00%
Morocco Trucks Market Share, By Company, By
Capacity (17–18.9 Ton), By Volume, 2014
Mitsubishi
, 50.00%
ISUZU ,
50.00%
Morocco Trucks Market Share, By Company,
By Capacity (14-16 Ton), By Volume, 2014
< 8T
> 14T
2012 2013 2014
400.0 410.0 420.0
430.0 440.0 450.0
Isuzu Truck Sales in <8T and >14T Categories, 2012-14 (Units)
Mitsubishi
, 16.60%
ISUZU ,
16.60%
Hino,
16.60%
Hyundai,
16.60%
Renault,
16.60%
Others,
16.60%
Morocco Trucks Market Share, By Company, By Capacity (3.5 - 8
Ton), By Volume, 2014
City Bus
Intercity Bus
2012 2013 2014
0.00.0 0.0
200.0 210.0 220.0
Isuzu Truck Sales in <8T and >14T Categories, 2012-14 (Units)
© TechSci Research
8
R e p o r t O r d e r i n g
License Type Price
Electronic Access - Single User License $2200
CD-ROM Mail Delivery $2700
Hard Copy Mail Delivery $3200
Electronic Access - Multi-User License $4500
To View Sample OR Purchase Report
Report Price
Report Name: Morocco Commercial Vehicles Market Forecast and Opportunities, 2020
A b o u t U s & D i s c l a i m e r
© TechSci Research
9
About Us:
TechSci Research is a global market research and consulting company with offices in Canada, the UK and India. TechSci Research
provides market research reports in a number of areas to organizations. The company uses innovative business models that focus
on improving productivity, while ensuring creation of high-quality reports. The proprietary forecasting models use various analyses
of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a
country, regional and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the
result is a uniquely rich evaluation of the opportunities available in the market.
Related Reports
Global Three Wheeler Market Forecast & Opportunities, 2019
Saudi Arabia Tyre Market Forecast & Opportunities, 2019
India Solid Waste Vehicles Market Forecast & Opportunities, 2019
Partial List of Clients
Disclaimer:The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation ismade that it is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtainedfrom various sources including which it considers reliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacyor completeness of any information and it is not responsible for any errors or omissions or for the results obtained from the use of such informationand especially states that it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together with allestimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative market size and are strictlyfor client’s internal consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.
TechSci Research – North America
2950, Boundary Road, Burnaby,
British Columbia, Canada
Tel: +1- 646- 360-1656
Email: [email protected]
www.techsciresearch.com
TechSci Research – Europe
54, Oldbrook, Bretton,
Peterborough,
United Kingdom
Email: [email protected]
www.techsciresearch.com
TechSci Research – Asia-Pacific
A – 51, Sector -57, Noida, National
Capital Region, U.P. - India
Tel: +91-120-4523900
Email: [email protected]
www.techsciresearch.com