The 2024 global diesel trucks market (5–20 tonnes) reveals the United States as the largest, at $35.5 billion, showing 1.53% year-on-year growth. France ($5.65B) and Italy ($3.43B) display moderate increases of 2.65% and 1.73%, respectively. Germany declines by 3.63%, while Australia sees a 1.62% drop. Smaller markets, like Guatemala and Morocco, exhibit significant growth over 1.94% and 2.88%. However, Sweden and Uganda see noticeable declines, with drops of 4.09% and 2.53%. The shifted landscape hints at an evolving market adapting to economic, regulatory, and technological changes.
Future trends to watch include:
- The potential increase in electric and alternative fuel vehicles impacting diesel truck demand.
- Regulatory changes affecting emissions standards and truck efficiency, particularly in developed countries.
- Emerging markets potentially driving growth in regions currently holding smaller market values.
- Economic fluctuations that could alter investment strategies and purchasing power in various countries.
Top countries in Diesel Trucks (Weighing 5-20 Tonnes) Market Size Value by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 35,532,000,000 | 2023 | +1.2% | +1.53% | View data |
| 2 | 2 France | 5,648,000,000 | 2023 | +2.03% | +2.65% | View data |
| 3 | 3 Italy | 3,427,300,000 | 2023 | +1.75% | +1.73% | View data |
| 4 | 4 Germany | 2,457,600,000 | 2023 | -3.76% | -3.63% | View data |
| 5 | 5 Australia | 2,171,900,000 | 2023 | -0.058% | -1.62% | View data |
| 6 | 6 Chile | 1,168,100,000 | 2023 | +1.13% | +0.4% | View data |
| 7 | 7 Austria | 477,810,000 | 2023 | -0.39% | +0.13% | View data |
| 8 | 8 Denmark | 425,710,000 | 2023 | -0.77% | -1% | View data |
| 9 | 9 Switzerland | 414,230,000 | 2023 | +0.23% | -0.25% | View data |
| 10 | 10 Guatemala | 406,550,000 | 2023 | +4.95% | +1.94% | View data |
