Southeast Asia Box Truck Market Share

Market Share of Southeast Asia Box Truck Industry

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.

Southeast Asia Box Truck Market Leaders

1. Isuzu Motor Co. Ltd

2. Mitsubishi Fuso Truck and Bus Corporation

3. Ford Motor Company

4. IVECO GROUP Company (CNH Industrial NV)

5. Hino Motors, Ltd.

*Disclaimer: Major Players sorted in no particular order