Saudi Arabia Truck Market to Reach USD 130.80 Billion by 2033, CAGR of 7.26%

Saudi Arabia Truck Market Overview

Market Size in 2024: USD 69.61 Billion

Market Size in 2033: USD 130.80 Billion

Market Growth Rate 2025-2033: 7.26%

According to IMARC Group's latest research publication, "Saudi Arabia Truck Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The Saudi Arabia truck market size was valued at USD 69.61 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 130.80 Billion by 2033, exhibiting a CAGR of 7.26% during 2025-2033.

How AI is Reshaping the Future of Saudi Arabia Truck Market

● Autonomous and Semi-Autonomous Driving Technologies: AI-powered autonomous vehicle systems are revolutionizing the truck industry across Saudi Arabia, with the autonomous vehicle market expected to grow from USD 1.0 billion in 2024 to USD 6.1 billion by 2033 at a 22.03% CAGR, reducing driver dependency and improving safety standards for long-haul transportation between major cities like Riyadh, Jeddah, and Dammam.

● Intelligent Fleet Management and Telematics: Advanced AI-driven telematics systems are transforming commercial vehicle operations through real-time monitoring, predictive maintenance, and route optimization, reducing operational costs by 25-30% while improving fuel efficiency and vehicle utilization across the Kingdom's expanding logistics network supporting Vision 2030 objectives.

● Predictive Maintenance and Vehicle Health Monitoring: Machine learning algorithms integrated with IoT sensors are enabling predictive maintenance capabilities that reduce unexpected breakdowns by 40-45% while extending vehicle lifespan, particularly crucial for heavy-duty trucks operating in Saudi Arabia's challenging desert conditions and supporting the construction and oil & gas sectors.

● Smart Cargo Management and Load Optimization: AI-powered cargo management systems are optimizing load distribution and capacity utilization, improving delivery efficiency by 35% while reducing fuel consumption and maintenance costs, supporting the growing e-commerce logistics sector that reached USD 1.88 billion in 2024 and is projected to reach USD 10.96 billion by 2033.

● Digital Supply Chain Integration and Real-Time Analytics: AI-enabled supply chain platforms are providing end-to-end visibility and real-time analytics for truck operations, reducing logistics costs by 20-25% while improving delivery accuracy and customer satisfaction across the Kingdom's expanding industrial zones, economic cities, and mega-projects under NEOM and QIDDIYA initiatives.

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Saudi Arabia Truck Market Trends & Drivers:

Saudi Arabia's truck market is experiencing unprecedented growth driven by substantial government investments in the non-oil economy under Vision 2030, with the economy expanding by 1.3% in 2024, including a remarkable 4.3% increase in non-oil sectors. The diversification strategy is fueling demand across manufacturing, mining, infrastructure, and tourism sectors, creating significant opportunities for commercial vehicle manufacturers and logistics providers. The establishment of new industrial zones, economic cities, and logistical hubs is generating sustained demand for reliable transportation solutions, while major infrastructure projects including highways, airports, and entertainment complexes are catalyzing demand for heavy-duty trucks to transport materials and machinery across the Kingdom.

The explosive growth of e-commerce platforms is fundamentally reshaping the truck market landscape, with the Saudi e-commerce market hitting USD 1.88 billion in 2024 and projected to surge to USD 10.96 billion by 2033 at an impressive 21.58% annual growth rate. This digital transformation is creating unprecedented demand for efficient last-mile and intercity delivery systems, particularly for light and medium-duty vehicles, as online retailers expand their product offerings and geographical reach. The growing consumer preference for same-day and next-day delivery services is enhancing the strategic importance of trucks in meeting customer expectations, while specialized vehicles for temperature-sensitive and bulky goods are becoming increasingly essential for maintaining product quality during transportation.

Infrastructure development initiatives and public-private partnerships are significantly strengthening the Kingdom's transportation capabilities, with rising investments in local manufacturing and incentives attracting multinational truck manufacturers to expand their regional operations. The Northern and Central region has emerged as the dominant market, supported by strategic government investments in transportation infrastructure, while the automotive digital transformation market is expected to grow substantially during 2025-2031, driven by advanced telematics adoption and smart fleet management systems that optimize operational efficiency and reduce environmental impact.

Saudi Arabia Truck Industry Segmentation:

The report has segmented the market into the following categories:

Vehicle Type Insights:

● Heavy Duty Truck
● Medium Duty Truck
● Light Duty Truck

Tonnage Capacity Insights:

● 3.5 - 7.5 Tons
● 7.5 - 16 Tons
● 16 - 30 Tons
● Above 30 Tons

Fuel Type Insights:

● Diesel
● Petrol
● CNG & LNG

Application Insights:

● Construction
● Logistics
● Others

Breakup by Region:

● Northern and Central Region
● Western Region
● Eastern Region
● Southern Region

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players

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Recent News and Developments in Saudi Arabia Truck Market

● December 2024: Major truck manufacturers including Daimler, Mitsubishi Fuso, Hino, Isuzu, Scania, and SinoTruk expanded their market presence in Saudi Arabia, with the government promoting localization initiatives to bolster the economy, projecting 3% growth for medium-duty trucks and 5% for heavy-duty segments, supporting the Kingdom's Vision 2030 diversification goals.

● August 2025: The Saudi Arabia Heavy Duty Truck Market reached USD 8.76 billion in 2025 with major players including Daimler Truck, Volvo Trucks, MAN Truck & Bus, Isuzu Motors, and Hino Motors driving innovation, while the market is projected to grow at 9.57% CAGR to reach USD 13.74 billion by 2030, reflecting strong industrial and infrastructure development activities.

● September 2024: The commercial vehicle market, valued at USD 7.81 billion in 2024, is witnessing strong growth in telematics adoption and digital fleet transformation, with companies investing in intelligent transportation systems and AI-powered fleet management solutions to optimize operational efficiency and reduce environmental impact across construction, logistics, and industrial applications.

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