What is the current Southeast Asia Box Truck Market size?

The Southeast Asia Box Truck Market is projected to register a CAGR of 3.5% during the forecast period (2024-2029) Read More

Who are the key players in Southeast Asia Box Truck Market?

Isuzu Motor Co. Ltd, Mitsubishi Fuso Truck and Bus Corporation, Ford Motor Company, IVECO GROUP Company (CNH Industrial NV) and Hino Motors, Ltd. are the major companies operating in the Southeast Asia Box Truck Market. Read More

What years does this Southeast Asia Box Truck Market cover?

The report covers the Southeast Asia Box Truck Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Southeast Asia Box Truck Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Southeast Asia Box Truck Market Size & Share Analysis - Industry Research Report

Southeast Asia Box Truck Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Southeast Asia Box Truck Market is segmented by type (Refrigerated Box Trucks and Non-Refrigerated Box Trucks), Capacity Type (Light-duty box trucks and Medium and Heavy-duty box trucks), Propulsion (Internal Combustion Engine and Electric), Application (Industrial, Commercial, and Other Applications), and Geography (Thailand, Indonesia, Vietnam, Malaysia, Singapore, Philippines, and Rest of Southeast Asia). The report covers the market size for Southeast Asia Box Truck Market in terms of value (USD billion) for all the above segments.

Southeast Asia Box Truck Industry Overview

Southeast Asia Box Truck Market is dominated by several key players such as Ford Motor Company, Mitsubishi Fuso Truck and Bus Corporation, Hino Motors Co. Ltd, and Many others. The rising expansion of truck manufacturers across the country will likely witness major market growth during the forecast period.

In November 2022, Mitsubishi Fuso Truck and Bus Corporation announced that the official FUSO distributor of Indonesia, PT Krama Yudha Tiga Berlian Motors, will conduct customer trials of the all-electric light-duty eCanter truck in Bali, Indonesia starting in August 2022.

In June 2022, Mitsubishi Motors, Isuzu, FUSO, Nissan, and Toyota collaborated to popularise electrified vehicles in Indonesia by demonstrating a collaborative electrification ecosystem in Bali.

In March 2022, Hino Motors introduced Hino vehicles with common rail engine standards that are more robust, economical, and environmentally friendly and have complied with Euro4 regulations.