The forecasted new registrations of diesel road tractors in Belgium are projected to show a steady increase from 2024 to 2028. In 2023, the actual registrations stood at 7.43 thousand units. Moving forward, annual growth is expected to be approximately 2.75% from 2024 to 2025, 2.68% from 2025 to 2026, 2.48% from 2026 to 2027, and 2.42% from 2027 to 2028. The compound annual growth rate (CAGR) for the period from 2024 to 2028 is anticipated to be around 2.58%, indicating a modest yet consistent upward trend over five years.
Future trends to watch for:
- The potential impact of environmental regulations on diesel vehicle registrations.
- Advances in alternative fuel technologies and their adoption rates.
- Economic factors influencing transportation and logistics sectors, including fuel prices and trade policies.
- Shifts in consumer and corporate preferences towards sustainable transportation options.
