The number of road tractors in Belgium was at 50.5 thousand units in 2023. Forecasted data indicates a steady growth from 2024 to 2028, with values reaching 52.15 thousand by 2028. The year-on-year growth rates are as follows: 0.63% from 2024 to 2025, 0.61% from 2025 to 2026, 0.60% from 2026 to 2027, and 0.57% from 2027 to 2028. The compound annual growth rate (CAGR) from 2024 to 2028 stands at approximately 0.6%.
Future trends to watch for include:
- Technological advancements in road tractors that could influence market demand and growth.
- Government regulations and policies regarding emissions and commercial vehicle standards.
- Economic factors that may impact the logistics and transportation industry, affecting the number of road tractors required.