Europe Medium and Heavy Trucks Market Summary, Competitive Analysis and Forecast, 2017-2026

Medium & Heavy Trucks in Europe industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

The medium and heavy trucks market includes commercial vehicles (CVs), buses and coaches (BCs), heavy commercial vehicles (HCVs) and heavy buses and coaches (HBCs). CVs and BCs weigh 3.51 to 16 tonnes and include pick-ups and vans where they fall into this weight range. HCVs and HBCs weigh over 16 tonnes; the converted trucks and buses are excluded. The market volume include the number of newly registrated vehicle in any given year. The market value is calculated in terms of average manufacturer selling price (MSP) against market volume, and excludes all taxes and levies. All market data and forecasts are represented in nominal terms (i.e. without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2021 annual average exchange rates.
The European medium and heavy trucks market had total revenues of $24.2bn in 2021, representing a compound annual rate of change (CARC) of -1.2% between 2017 and 2021.
Market consumption volumes declined with a CARC of -1.6% between 2017 and 2021, to reach a total of 477,119.8 units in 2021.
HCV had the highest volume in the European medium and heavy trucks market in 2021, with a total of 276,702.8 units, equivalent to 58% of the market's overall volume.

Scope

Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the medium & heavy trucks market in Europe
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the medium & heavy trucks market in Europe
Leading company profiles reveal details of key medium & heavy trucks market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the Europe medium & heavy trucks market with five year forecasts

Reasons to Buy

What was the size of the Europe medium & heavy trucks market by value in 2021?
What will be the size of the Europe medium & heavy trucks market in 2026?
What factors are affecting the strength of competition in the Europe medium & heavy trucks market?
How has the market performed over the last five years?
What are the main segments that make up Europe's medium & heavy trucks market?

Frequently Asked Questions about the European Medium and Heavy Trucks Market

What is the estimated value of the European Medium and Heavy Trucks Market?

The European Medium and Heavy Trucks Market was estimated to be valued at $24.18 Billion in 2021.

What is the growth rate of the European Medium and Heavy Trucks Market?

The growth rate of the European Medium and Heavy Trucks Market is 10.3%, with an estimated value of $39.51 Billion by 2026.

What is the forecasted size of the European Medium and Heavy Trucks Market?

The European Medium and Heavy Trucks Market is estimated to be worth $39.51 Billion by 2026.

Who are the key companies in the European Medium and Heavy Trucks Market?

Key companies in the European Medium and Heavy Trucks Market include Daimler AG, PACCAR Inc., Volkswagen AG and AB Volvo.

Report Attribute	Details
No. of Pages	54
Published	June 2022
Forecast Period	2021 - 2026
Estimated Market Value ( USD ) in 2021	$ 24.18 Billion
Forecasted Market Value ( USD ) by 2026	$ 39.51 Billion
Compound Annual Growth Rate	10.3%
Regions Covered	Europe

1 Executive Summary

1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market rivalry
1.7. Competitive Landscape

2 Market Overview

2.1. Market definition
2.2. Market analysis

3 Market Data

3.1. Market value
3.2. Market volume

4 Market Segmentation

4.1. Geography segmentation

5 Market Outlook

5.1. Market value forecast
5.2. Market volume forecast

6 Five Forces Analysis

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 Competitive Landscape

7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of leading players?
7.4. What are the most notable M&A deals in recent years?

8 Company Profiles

8.1. Daimler AG
8.2. PACCAR Inc.
8.3. Volkswagen AG
8.4. AB Volvo

9 Macroeconomic Indicators

9.1. Country data

10 Appendix

10.1. Methodology
10.2. Industry associations
10.3. Related Research
10.4. About the Publisher

List of Tables

Table 1: Europe medium & heavy trucks market value: $ billion, 2017-21
Table 2: Europe medium & heavy trucks market volume: thousand units, 2017-21
Table 3: Europe medium & heavy trucks market geography segmentation: $ billion, 2021
Table 4: Europe medium & heavy trucks market value forecast: $ billion, 2021-26
Table 5: Europe medium & heavy trucks market volume forecast: thousand units, 2021-26
Table 6: Daimler AG: key facts
Table 7: Daimler AG: Annual Financial Ratios
Table 8: Daimler AG: Key Employees
Table 9: Daimler AG: Key Employees Continued
Table 10: PACCAR Inc.: key facts
Table 11: PACCAR Inc.: Annual Financial Ratios
Table 12: PACCAR Inc.: Key Employees
Table 13: PACCAR Inc.: Key Employees Continued
Table 14: Volkswagen AG: key facts
Table 15: Volkswagen AG: Annual Financial Ratios
Table 16: Volkswagen AG: Key Employees
Table 17: Volkswagen AG: Key Employees Continued
Table 18: Volkswagen AG: Key Employees Continued
Table 19: AB Volvo: key facts
Table 20: AB Volvo: Annual Financial Ratios
Table 21: AB Volvo: Key Employees
Table 22: AB Volvo: Key Employees Continued
Table 23: Europe size of population (million), 2017-21
Table 24: Europe gdp (constant 2005 prices, $ billion), 2017-21
Table 25: Europe gdp (current prices, $ billion), 2017-21
Table 26: Europe inflation, 2017-21
Table 27: Europe consumer price index (absolute), 2017-21
Table 28: Europe exchange rate, 2017-21

List of Figures

Figure 1: Europe medium & heavy trucks market value: $ billion, 2017-21
Figure 2: Europe medium & heavy trucks market volume: thousand units, 2017-21
Figure 3: Europe medium & heavy trucks market geography segmentation: % share, by value, 2021
Figure 4: Europe medium & heavy trucks market value forecast: $ billion, 2021-26
Figure 5: Europe medium & heavy trucks market volume forecast: thousand units, 2021-26
Figure 6: Forces driving competition in the medium & heavy trucks market in Europe, 2021
Figure 7: Drivers of buyer power in the medium & heavy trucks market in Europe, 2021
Figure 8: Drivers of supplier power in the medium & heavy trucks market in Europe, 2021
Figure 9: Factors influencing the likelihood of new entrants in the medium & heavy trucks market in Europe, 2021
Figure 10: Factors influencing the threat of substitutes in the medium & heavy trucks market in Europe, 2021
Figure 11: Drivers of degree of rivalry in the medium & heavy trucks market in Europe, 2021