In 2023, Germany led Europe's production of chassis for trailers, semi-trailers, and other non-mechanically propelled vehicles with a market share of 30.83% in euros. Spain followed closely with 27.28%, and the United Kingdom held 22.13%. While most countries showed positive growth from the previous year, Italy and Estonia stood out significantly with substantial growth. On the other hand, France, Finland, and Austria experienced declines. Estonia, despite being a smaller player, showed remarkable growth, indicating a dynamically changing market landscape.
Future trends to watch include the potential for further growth in Italy and Estonia and the strategic shifts that established players such as Germany and Spain might undertake to maintain their market share amidst increasing competition and changing economic conditions. Additionally, technological advancements and regulatory changes in the EU could influence production trends significantly.
Top countries in Sold Production of Chassis for Trailers, Semi-Trailers and Other Vehicles Which Are Not Mechanically Propelled Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 30.83 | 2023 | +6.96% | +2.33% | View data |
| 2 | 2 Spain | 27.28 | 2023 | +7.42% | +2.27% | View data |
| 3 | 3 United Kingdom | 22.13 | 2023 | +3.58% | +4.5% | View data |
| 4 | 4 Slovakia | 6.27 | 2023 | +2.84% | +1.39% | View data |
| 5 | 5 Austria | 4.48 | 2023 | +6.58% | -1.29% | View data |
| 6 | 6 France | 3.39 | 2023 | -2.45% | -4.42% | View data |
| 7 | 7 Croatia | 0.67 | 2023 | +3.39% | -0.023% | View data |
| 8 | 8 Finland | 0.48 | 2023 | +17.7% | -3.77% | View data |
| 9 | 9 Italy | 0.42 | 2023 | +45.82% | +11.94% | View data |
| 10 | 10 Hungary | 0.24 | 2023 | -3.68% | +1.67% | View data |