The 2023 data indicates that Denmark dominated the European market for semi-trailers with a weight of at least 40,000 kg, holding 47.2% of the share. Italy followed with a 27.59% share, while Germany captured 10.97%. Sweden and Finland had lower shares at 5.46% and 1.07% respectively. Other significant players included Spain and France, albeit with smaller market shares.
Year-on-year percentage variations for 2023 reveal growth in Denmark, Germany, Finland, Austria, and Switzerland, with notable gains in Finland and Switzerland. Conversely, France and Latvia experienced declines. Over the last five years, the Compound Annual Growth Rate (CAGR) suggests steady growth across these markets.
Future trends to watch in the European semi-trailer market include technological advancements and regulations promoting sustainability. Countries may focus on innovative transportation solutions to enhance efficiency, which could significantly alter market dynamics.
Top countries in Number of Semi-Trailers with a Permissible Maximum Gross Weight of at Least 40000 kg Share by Country (Units)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Denmark | 47.2 | 2023 | +1.73% | +1.5% | View data |
2 | 2 Italy | 27.59 | 2023 | +1.19% | +0.95% | View data |
3 | 3 Germany | 10.97 | 2023 | +2.47% | +2.13% | View data |
4 | 4 Sweden | 5.46 | 2023 | +0.97% | +0.61% | View data |
5 | 5 Finland | 1.07 | 2023 | +5.98% | +4.81% | View data |
6 | 6 Spain | 1.04 | 2023 | +0.93% | +0.84% | View data |
7 | 7 France | 0.81 | 2023 | -0.29% | -0.45% | View data |
8 | 8 Latvia | 0.46 | 2023 | +0.45% | -0.15% | View data |
9 | 9 Austria | 0.45 | 2023 | +2.3% | +1.7% | View data |
10 | 10 Switzerland | 0.41 | 2023 | +5.48% | +4.75% | View data |