Forecast: Commercial Vehicles in Use in Germany

From 2013 to 2019, the commercial vehicles in use in Germany experienced a gradual increase, with a notable dip in 2016. The years 2020 and 2021 were marked by significant fluctuations, influenced by external factors likely related to the pandemic. By 2022, the sector rebounded with a substantial rise.

In 2023, the figure stood at 3.51 million units, representing a modest year-on-year growth of 0.63%. Over the past five years, the compounded annual growth rate (CAGR) averaged 0.66%, indicating steady recovery and growth post-pandemic.

Looking ahead from 2024 to 2028, the forecast predicts continued growth, albeit at a slower pace, with a five-year CAGR of 0.52% and an overall growth rate of 2.63% by 2028.

Future trends to watch for include:

• Technological advancements in vehicle efficiency and alternative fuels.
• Regulatory changes impacting vehicle emissions and operational safety standards.
• Market responses to potential economic shifts and supply chain dynamics.
• The integration of autonomous driving technologies in commercial fleets.