In 2023, new registrations of lorries up to 3500 kg in Germany were at 300,000. Forecasts for 2024 to 2028 show a steady annual rise, with values growing from 304,690 to 325,600 in thousands. This represents a consistent upward trend in new registrations.
Year-on-year percentage variations indicate a stable growth pattern, suggesting a well-sustained demand in the market. The compound annual growth rate (CAGR) for the 2024-2028 period is moderate, reflecting resilience and positive market sentiment.
Future trends to watch for include:
- Technological advancements in vehicle efficiency and emissions.
- Policy changes in environmental regulations impacting lorry demand.
- Shifts in logistics and e-commerce influencing market dynamics.
