In 2024, France emerged as the dominant player in the European market for sold production of works trucks, accounting for over half of the total market share with a significant 59.09%. Germany, holding a distant second place, exhibited a slight decline of 0.38% in 2023, maintaining 18.72%. Italy and Finland experienced growth, at 3.04% and a substantial 88.24%, respectively, reflecting a strengthening industrial base. Smaller market players like Slovenia and Croatia marked significant improvements with 15.4% and 31.93% growth rates. Denmark, Spain, and Bulgaria also contributed with modest increases, reinforcing trend diversity among countries.
Future trends to watch include the potential market impacts of increased automation and technology integration in works trucks, potentially shifting market shares. Environmental regulations could further influence production processes and energy efficiency, impacting national production capacities. Additionally, political and economic changes within the EU might alter market dynamics, offering opportunities for smaller countries to expand their presence.
Top countries in Sold Production of Works Trucks, Self-Propelled, Not Fitted with Lifting or Handling Equipment Share by Country (Euros)
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 59.09 | 2023 | +24.18% | +6.34% | View data |
| 2 | 2 Germany | 18.72 | 2023 | +6.95% | -0.38% | View data |
| 3 | 3 Italy | 6.69 | 2023 | +4.97% | +3.04% | View data |
| 4 | 4 Finland | 1.35 | 2023 | +98.43% | +88.24% | View data |
| 5 | 5 Denmark | 0.76 | 2023 | +12.42% | +13.62% | View data |
| 6 | 6 Spain | 0.72 | 2023 | +25.13% | +3.24% | View data |
| 7 | 7 Bulgaria | 0.67 | 2023 | +3.27% | +5.41% | View data |
| 8 | 8 Slovenia | 0.38 | 2023 | +3.26% | +15.4% | View data |
| 9 | 9 Croatia | 0.021 | 2023 | +1% | +31.93% | View data |
