From 2013 to 2023, new registrations of road tractors in Germany have exhibited fluctuating growth rates. After a dip in 2013, the market recovered strongly in the following years, peaking at 39.25 thousand registrations in 2019. The onset of the pandemic in 2020 caused a significant drop (-15.6%). 2021 marked a recovery phase with a substantial 16.32% increase, followed by moderate growth in 2022 (6.92%) and a slight increase in 2023 (1.51%). New registrations for 2023 stood at 41.82 thousand.
Forecasts from 2024 to 2028 project a steady growth trend, with a 5-year CAGR of 1.2% and an overall growth rate of 6.14%. By 2028, new registrations are anticipated to reach 44.96 thousand.
Future trends to watch for include technological advancements in vehicle efficiency, changes in regulatory policies, and the impact of economic fluctuations on the demand for road tractors.
