The European production value of renting and leasing trucks shows significant diversity among countries. The United Kingdom leads with a value of 3.64 billion euros. Despite its large market, Germany experienced a contraction last year, unlike Poland and Italy, which saw positive growth. Emerging markets like Lithuania and Romania showed impressive growth rates, driven by robust demand increases. Southern European countries like Greece and Portugal also reported gains, reflecting a strengthened transport sector.
Future Trends to Watch:
- Digital transformations and telematics integration are likely to influence growth patterns significantly.
- Increasing environmental regulations may spur new leasing solutions focusing on electric and hybrid trucks.
- Post-COVID economic recoveries could drive demand once pandemic-induced uncertainties subside.
Top countries in Production Value of Renting and Leasing of Trucks by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 3,640 | 2023 | +2.29% | +1.46% | View data |
| 2 | 2 Germany | 1,900 | 2023 | +11.9% | -0.62% | View data |
| 3 | 3 France | 819 | 2023 | -13.46% | -14.82% | View data |
| 4 | 4 Poland | 808.2 | 2023 | +2.84% | +4.01% | View data |
| 5 | 5 Italy | 438 | 2023 | +5.77% | +6.35% | View data |
| 6 | 6 Spain | 376.7 | 2023 | +2.7% | +4.88% | View data |
| 7 | 7 Belgium | 225.2 | 2023 | +4.74% | +1.22% | View data |
| 8 | 8 Lithuania | 156.6 | 2023 | +6.89% | +14.55% | View data |
| 9 | 9 Romania | 146.5 | 2023 | +14.9% | +11.77% | View data |
| 10 | 10 Denmark | 139.8 | 2023 | +1.23% | View data |
