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The heavy-duty trucks market in Europe is forecasted to grow by USD 19.44 billion during 2024-2029, accelerating at a CAGR of 8.5% during the forecast period. The report on the heavy-duty trucks market in Europe provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for HD trucks in Eastern Europe, growing demand for hd trucks from truck rental service providers, and stringent emission standards for hd trucks.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The heavy-duty trucks market in Europe is segmented as below:
By Type
- 3.5 to 16 tonnes
- Over 16 tonnes
By Fuel Type
- Diesel powered
- Gasoline powered
- Electric powered
- Solar powered
By Propulsion
- Internal combustion engine (ICE)
- Hybrid and electric vehicles (HEV and BEV)
By Geographical Landscape
- Europe
The report on the heavy-duty trucks market in Europe covers the following areas:
- Heavy-Duty Trucks Market in Europe sizing
- Heavy-Duty Trucks Market in Europe forecast
- Heavy-Duty Trucks Market in Europe industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Type
9 Market Segmentation by Fuel Type
10 Market Segmentation by Propulsion
11 Customer Landscape
12 Geographic Landscape
13 Drivers, Challenges, and Opportunity/Restraints
14 Competitive Landscape
15 Competitive Analysis
16 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the heavy-duty trucks market in europe: AB Volvo, Ashok Leyland Ltd., BYD Co. Ltd., Daimler Truck AG, China Dong Feng Motor Industry Imp. and Exp. Co. Ltd., Eicher Motors Ltd., Ford Motor Co., General Motors Co., Hindustan Motors Ltd., Isuzu Motors Ltd., Iveco SpA, Mahindra and Mahindra Ltd., Oshkosh Corp., PACCAR Inc., Scania AB, Sinotruk Hong Kong Ltd., Tata Motors Ltd., Tesla Inc., Toyota Motor Corp., and Volkswagen AG.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing prominence of electric hd trucks."
According to the report, one of the major drivers for this market is the increasing demand for hd trucks in Eastern europe.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AB Volvo
- Ashok Leyland Ltd.
- BYD Co. Ltd.
- Daimler Truck AG
- China Dong Feng Motor Industry Imp. and Exp. Co. Ltd.
- Eicher Motors Ltd.
- Ford Motor Co.
- General Motors Co.
- Hindustan Motors Ltd.
- Isuzu Motors Ltd.
- Iveco SpA
- Mahindra and Mahindra Ltd.
- Oshkosh Corp.
- PACCAR Inc.
- Scania AB
- Sinotruk Hong Kong Ltd.
- Tata Motors Ltd.
- Tesla Inc.
- Toyota Motor Corp.
- Volkswagen AG
