Trends, Drivers and Vendor Forecasts for 2021-2025
Accelerating at a CAGR of 14%, the heavy-duty trucks market in europe is expected to post an incremental growth of 92.85 th units over the next five years. AB Volvo, Ashok Leyland Ltd., BYD Co. Ltd., Daimler AG, PACCAR Inc., Scania AB, Tata Motors Ltd., Tesla Inc., Toyota Motor Corp., and Volkswagen AG are among the key market players. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers to provide growth projections and insights. In addition, our report offers a deep understanding of the key market players and their product portfolios. This analytical examination of the market will enable businesses to plan and set the path for future growth prospects.
Heavy-duty Trucks Market In Europe: Market Segments and Key Trends
The Heavy-duty trucks market in europe is segmented by Type (3.5 to 16 tonnes and Over 16 tonnes) and Geographic (Germany, France, and Rest of Europe). Rest of Europe led the market with 59% of the market growth set to originate from this region during the forecast period. High cost associated with hd trucks is one of the challenges that will need to be overcome to drive growth. This research report provides a detailed analysis of all the segments, key trends, and challenges that are likely to influence growth.
Heavy-duty Trucks Market In Europe: Top Drivers to Boost Demand
The Increasing demand for HD trucks in Eastern Europe is one of the primary factors driving the growth of the heavy-duty trucks market in europe. The report provides a detailed study of all the factors that are likely to boost the market. An understanding of the key drivers will enable clients to leverage growth opportunities to their advantage with a view to short-term and long-term business goals. For additional insights on this market: Download FREE Sample Report.
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