As of 2023, the new registrations of diesel lorries over 3500 kg in France stood below the forecasted numbers for 2024 and beyond. From 2024 to 2028, a steady growth is projected with values increasing annually from 21.88 to 23.48 thousand registrations, indicating a continuous demand in the heavy vehicle sector.
The forecast signals slight year-on-year growth, maintaining a consistent upward trend with an average annual growth (CAGR) over the five-year period. This pattern reflects resilience in this segment despite evolving environmental policies and diversification of fuel types in transportation.
Future trends to watch for:
- Potential impact of stringent environmental regulations on diesel vehicle registrations.
- Greater adoption of alternative fuels, such as electric and hydrogen-powered lorries, which could alter diesel lorry demand.
- Advancements in hybrid technology that may influence market share within this category.