Heavy-duty Trucks Market in Europe 2025-2029

Heavy-Duty Trucks Market In Europe 2025-2029

The heavy-duty trucks market in Europe is forecasted to grow by USD 19440.5 million during 2024-2029, accelerating at a CAGR of 8.5% during the forecast period. The report on the heavy-duty trucks market in Europe provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for HD trucks in Eastern Europe, growing demand for hd trucks from truck rental service providers, and stringent emission standards for hd trucks.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's heavy-duty trucks market in Europe is segmented as below:

By Type

• 3.5 to 16 tonnes
• Over 16 tonnes

By Fuel Type

• Diesel powered
• Gasoline powered
• Electric powered
• Solar powered

By Propulsion

• Internal combustion engine (ICE)
• Hybrid and electric vehicles (HEV and BEV)

By Geographical Landscape

• Europe

This study identifies the increasing prominence of electric heavy-duty trucks as one of the prime reasons driving the heavy-duty trucks market in Europe growth during the next few years. Also, development of multi-brand truck platooning in Europe and adoption of autonomous technologies in heavy-duty trucks will lead to sizable demand in the market.

The report on the heavy-duty trucks market in Europe covers the following areas:

• Heavy-Duty Trucks Market in Europe sizing
• Heavy-Duty Trucks Market in Europe forecast
• Heavy-Duty Trucks Market in Europe industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading heavy-duty trucks market in Europe vendors that include AB Volvo, Ashok Leyland Ltd., BYD Co. Ltd., Daimler Truck AG, China Dong Feng Motor Industry Imp. and Exp. Co. Ltd., Eicher Motors Ltd., Ford Motor Co., General Motors Co., Hindustan Motors Ltd., Isuzu Motors Ltd., Iveco SpA, Mahindra and Mahindra Ltd., Oshkosh Corp., PACCAR Inc., Scania AB, Sinotruk Hong Kong Ltd., Tata Motors Ltd., Tesla Inc., Toyota Motor Corp., and Volkswagen AG. Also, the heavy-duty trucks market in Europe analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.