In 2023, Russia led the global semi-trailer market share with 21.03 units, followed by Denmark and Poland, reflecting growth rates of 1.9% and 2.34% respectively. Significant growth was noted in Romania and Bulgaria, each with rates surpassing 2.5%. Conversely, the Czech Republic observed a slight decline. Germany and France, key markets, saw modest increases. Over the last five years, a balanced Compound Annual Growth Rate (CAGR) was noted, driven by East European countries and consistent increases in Western nations.
Future trends to watch include:
- Expansion in Eastern European markets driven by industrial growth.
- Sustainability initiatives could alter manufacturing dynamics.
- Technological advancements in transportation efficiency.
- Policy changes in emissions standards potentially impacting all markets.
Top countries in Number of Semi-Trailers Share by Country (Units)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Russia | 21.03 | 2023 | +1.86% | +1.9% | View data |
2 | 2 Denmark | 14.38 | 2023 | +1.15% | +0.92% | View data |
3 | 3 Poland | 12.47 | 2023 | +2.45% | +2.34% | View data |
4 | 4 Germany | 9.99 | 2023 | +1.56% | +1.42% | View data |
5 | 5 France | 9.45 | 2023 | +0.69% | +0.62% | View data |
6 | 6 Spain | 7.4 | 2023 | +0.5% | +0.34% | View data |
7 | 7 Netherlands | 4.57 | 2023 | +1.35% | +1.16% | View data |
8 | 8 Romania | 3.64 | 2023 | +2.64% | +2.56% | View data |
9 | 9 Italy | 3.15 | 2023 | +1.04% | +0.83% | View data |
10 | 10 Bulgaria | 1.67 | 2023 | +2.62% | +2.66% | View data |