The number of road tractors at most 2 years old in Germany stood at 80.3 thousand in 2023. According to forecasted data, it's projected to grow to 81.51 thousand in 2024, with subsequent yearly increases up to 87.68 thousand in 2028. The year-on-year growth rates are as follows:
- 2024: 1.5%
- 2025: 1.95%
- 2026: 1.88%
- 2027: 1.79%
- 2028: 1.74%
The compound annual growth rate (CAGR) over the five-year forecast period is approximately 1.77%. This indicates a steady, albeit moderate, growth trend in the number of new road tractors in Germany.
Future trends to watch for include advancements in fuel efficiency, regulatory changes related to emissions, and the impact of electric and autonomous technology on fleet renewal rates.
