The trucks market in Switzerland has shown fluctuating yet resilient growth from 2012 to 2022. The market started at 3.137 billion USD in 2012, witnessing a series of dips and rebounds over the years. Notably, it reached a peak of 3.8101 billion USD in 2022, following an impressive 16.54% year-on-year growth in 2021. The average annual growth rate (CAGR) over the last five years sits at 3.68%, reflecting a stable long-term expansion trend despite certain downturns, such as the significant 17.3% dip in 2020.
Looking forward to 2024, the trucks market in Switzerland is anticipated to continue its growth trajectory. Key trends to watch include advancements in electric and autonomous truck technologies, increased regulatory focus on emissions reduction, and evolving logistics needs driven by e-commerce growth. These factors collectively are expected to shape the future demand and market dynamics in the truck industry.
| # | 31 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 35,368,000,000 | 2023 | +1.82% | +0.71% | View data |
| 2 | 2 United Kingdom | 31,707,000,000 | 2023 | +1.38% | +1.29% | View data |
| 3 | 3 Brazil | 22,772,000,000 | 2023 | -1.5% | -2.03% | View data |
| 4 | 4 Japan | 19,967,000,000 | 2023 | -3.63% | -4.09% | View data |
| 5 | 5 Italy | 17,159,000,000 | 2023 | +0.39% | -0.99% | View data |
| 7 | 7 Spain | 14,034,000,000 | 2023 | +1.44% | +0.43% | View data |
| 8 | 8 Belgium | 7,102,500,000 | 2023 | +2.72% | +1.65% | View data |
| 9 | 9 Switzerland | 3,874,300,000 | 2023 | +1.68% | +2.32% | |
| 10 | 10 Finland | 3,631,200,000 | 2023 | +6.31% | +3.19% | View data |
| 11 | 11 Austria | 3,533,200,000 | 2023 | +1.05% | -0.63% | View data |
