The number of road tractors in Germany has shown a general upward trend from 2013 to 2023, with some fluctuations, especially notable in 2020 with a significant dip. The data indicates that in 2023, the value stood at 230.42 thousand units. The year-on-year variation for 2022 was 6.58%, followed by a smaller increase of 1.21% in 2023. The CAGR over the past five years has been 1.07%, indicating moderate growth.
Forecast data from 2024 onwards suggests a steady increase in the number of road tractors, with a forecasted CAGR of 0.97% over the next five years, culminating in an estimated 244.16 thousand units by 2028. This projected growth translates into an overall increase of approximately 4.94% over the period.
Future trends to watch for:
- Technological advancements in road tractor design and efficiency.
- Impact of regulatory changes on emissions and road freight operations.
- Potential disruptions from economic fluctuations and market demands.
- Growth of e-commerce and its influence on freight transport needs.
- Developments in alternative fuels and electric road tractors.