In 2023, the largest producers in Europe of self-propelled trucks not powered by an electric motor were Germany and France, with values close to 998.54 and 996.65 million euros respectively. Italy followed at 776.85 million euros, showing a significant increase with a year-on-year growth of 13.89%. The United Kingdom experienced a modest rise of 2.43% to 450.31 million euros. Sweden saw a decrease of 10.39%, while Denmark and Bulgaria declined 7.21% and 13.92%, respectively. Czechia remained minimal with values near 0.49 million euros.
Future trends to watch include:
- The impact of technological advances and automation on production volumes and efficiency.
- Shifts in production locations potentially influenced by labor costs and supply chain dynamics.
- Potential growth opportunities in emerging European markets with increased industrialization.
- The influence of environmental regulations and potential shift towards alternative power sources.
Top countries in Sold Production of Self-Propelled Trucks Fitted with Lifting or Handling Equipment, Non-Powered by an Electric Motor by Country
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 998,540,000 | 2023 | +8.13% | +1.32% | View data |
| 2 | 2 France | 996,650,000 | 2021 | +22.59% | +4.4% | View data |
| 3 | 3 Italy | 776,850,000 | 2023 | +35.83% | +13.89% | View data |
| 4 | 4 United Kingdom | 450,310,000 | 2023 | +1.93% | +2.43% | View data |
| 5 | 5 Sweden | 105,290,000 | 2023 | -17.2% | -10.39% | View data |
| 6 | 6 Denmark | 1,708,200 | 2023 | -5.09% | -7.21% | View data |
| 7 | 7 Bulgaria | 1,538,500 | 2023 | -9.9% | -13.92% | View data |
| 8 | 8 Czechia | 490,990 | 2023 |
