From 2013 to 2023, the number of road tractors in Austria increased despite some fluctuations. In 2023, the count stood at 19.4 thousand. After experiencing a notable dip in 2020, the market recovered, showing a consistent upward trend with minor variations. The year-on-year growth was particularly significant in 2017 and 2018, but 2020 saw a steep decline of 16.2%, followed by a strong recovery in 2021.
Future trends to watch for:
- Expect a steady growth with a 5-year forecasted CAGR of 0.72%, reaching 20.22 thousand by 2028.
- Innovations in electric and autonomous tractors may disrupt the market.
- Policy changes and economic factors could impact growth rates.
