MENASA Commercial Vehicle Market Size and Share Forecast Outlook 2025 to 2035

The MENASA (Middle East, North Africa, and South Asia) commercial vehicle market is on the cusp of remarkable growth. Valued at USD 363.3 million in 2025, the industry is forecasted to nearly double, reaching USD 723.1 million by 2035 at a robust 7.1% CAGR. This growth trajectory reflects the accelerating pace of industrialization, logistics expansion, infrastructure projects, and the region’s rising demand for versatile and efficient transport solutions.

The MENASA commercial vehicle market is witnessing robust demand across light and medium-duty segments, driven by growing urbanization, industrialization, and expanding logistics networks. Governments’ investment in infrastructure projects and supportive policies are further propelling market growth. Increasing adoption of technology-enabled and fuel-efficient vehicles is reshaping fleet operations across the region.

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Driving Forces Behind Market Growth

A range of structural and economic factors is driving the MENASA commercial vehicle industry forward.

• Industrialization & Urbanization: Rapid development across MENASA is fueling demand for reliable transport for goods, construction, and public mobility.
• Logistics Expansion: The rise of e-commerce, bulk freight transport, and last-mile delivery services is pushing adoption of light and medium-duty vehicles.
• Technological Innovation: Manufacturers are integrating telematics, ADAS, and collision-avoidance systems to improve safety and efficiency.
• Government Support: National infrastructure projects, such as Saudi Arabia’s Vision 2035 and the UAE’s Sheikh Zayed road initiative, are significantly boosting vehicle demand.

These factors collectively provide a strong foundation for sustained growth across MENASA through 2035.

Market Challenges & Strategic Responses

Despite the positive outlook, several challenges threaten industry momentum:

• Stringent Emission Regulations: With rising pollution across MENASA and South Asia, governments are pushing for low- and zero-emission alternatives.
• Used Vehicle Imports in Africa: The influx of second-hand vehicles from OECD nations undermines new vehicle sales.
• Economic Volatility: Inflation and limited financing in certain regions continue to challenge adoption.

In response, leading manufacturers are strategically investing in electric commercial vehicles (EVs), mergers, and regional facility expansions to align with regulatory trends and enhance their market footprint.

Regional Market Outlook

The MENASA region presents a diverse landscape of opportunities:

• GCC Nations: Demand is heavily tied to construction and oil & gas logistics, with Saudi Arabia and UAE spearheading infrastructure megaprojects.
• North Africa: Agriculture, mining, and tourism fuel strong commercial transport requirements.
• South Asia: India leads demand, with surging needs across e-commerce, retail, and bulk freight transport.
• ASEAN Sub-region: Countries like Thailand and Indonesia are leveraging their manufacturing and logistics hubs to drive vehicle adoption.

Country-wise Insights

• India: Poised to reach USD 723.1 billion by 2035, growing at 6.9% CAGR, India’s dominance is rooted in infrastructure development, thriving e-commerce, and strong domestic manufacturers like Tata Motors.
• Turkiye: Expected to achieve USD 59.1 billion by 2035 at a CAGR of 9.7%, led by rising medium-duty vehicle demand for bulk freight and automotive transport.
• Thailand: With an anticipated valuation of USD 58.6 billion by 2035, Thailand’s logistics and agricultural sectors, combined with its role as a regional trade hub, make commercial vehicles indispensable.

Company Profile

The MENASA commercial vehicle market is fragmented yet competitive, with global and regional giants shaping its trajectory. Key players include:

• Daimler AG (Mercedes-Benz Group AG)
• Volvo AB
• Scania AB
• Paccar Inc.
• MAN SE
• Hino Motors Ltd.
• Isuzu Motors Ltd.
• Toyota Motor Corporation
• Tata Motors
• Ashok Leyland
• Mahindra & Mahindra
• Eicher Motors Limited
• Dongfeng Motor Corporation, Sinotruk, and others

Recent moves include Tata Motors’ acquisition of Ford India’s Sanand plant (2025) and Volvo Eicher Commercial Vehicles’ purchase of Volvo Bus India (2024), signaling aggressive expansion in MENASA.

Market Size and Share Forecast Outlook

• 2025 Market Value: USD 363.3 million
• 2035 Market Value: USD 723.1 million
• CAGR (2025–2035): 7.1%

Segment highlights:

• By Class Type: Light-duty vehicles hold 42.7% share in 2025, expected to grow at 8.6% CAGR due to cost-effectiveness and versatility.
• By Vehicle Type: Light commercial vehicles lead with 38.4% share, supporting intra-city logistics and SME freight operations.
• By Fuel Type: Diesel remains dominant at 54.9%, driven by efficiency and long-haul compatibility, though EV adoption is accelerating.
• By Application: Bulk freight is a key segment, projected to grow at 6.4% CAGR to reach USD 155 billion by 2035.

Key Segments of Market Report (2025–2035)

• Class Type: Light Duty, Medium Duty, Heavy Duty
• Vehicle Type: Light Commercial, Medium Commercial, Heavy Commercial
• Fuel Type: Diesel, Electric, Alternative Fuels
• Application: Bulk Freight, Public Transport, Construction, Logistics, Agriculture
• Regions Covered: GCC, North Africa, Turkiye, India, ASEAN, Rest of MENASA

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