| Study Period | 2017 - 2029 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2029 |
| Market Size (2025) | USD 40.99 Billion |
| Market Size (2029) | USD 50.13 Billion |
| CAGR (2025 - 2029) | 5.16 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Europe Medium and Heavy-duty Commercial Vehicles Market Analysis
The Europe Medium and Heavy-duty Commercial Vehicles Market size is estimated at 40.99 billion USD in 2025, and is expected to reach 50.13 billion USD by 2029, growing at a CAGR of 5.16% during the forecast period (2025-2029).
The European commercial vehicle sector stands as a cornerstone of the continent's transportation infrastructure, with over 6.3 million vehicles currently operating on EU roads. These vehicles handle an impressive 76.7% of all land-based freight transportation, moving approximately 15 billion tonnes of goods annually across the region. The industry's robust presence is further strengthened by an extensive network of manufacturing facilities and distribution centers strategically positioned throughout Europe. Major industry players are continuously expanding their production capabilities and implementing advanced manufacturing technologies to meet the growing demand for medium vehicles and heavy-duty commercial vehicles.
The market landscape is experiencing a significant transformation with the emergence of innovative technologies and sustainable solutions. Leading manufacturers are making substantial investments in research and development to enhance vehicle efficiency and reduce environmental impact. For instance, major industry players like Volvo, Traton, and Daimler Truck established Commercial Vehicle Charging Europe (CVCE) in July 2022, demonstrating a collaborative approach to developing charging infrastructure. This partnership exemplifies the industry's commitment to addressing infrastructure challenges while promoting sustainable transportation solutions.
The logistics and construction sectors are driving substantial demand for types of commercial vehicles across Europe. The European Commission's allocation of EUR 5.4 billion for road and rail infrastructure development in June 2022 highlights the region's commitment to strengthening its transportation network. This investment is expected to catalyze growth in the European commercial vehicle market by improving connectivity and facilitating more efficient freight movement. The industry is also witnessing increased adoption of telematics and fleet management solutions, enabling operators to optimize route planning, reduce fuel consumption, and enhance overall operational efficiency.
The industry is undergoing a notable shift toward sustainable transportation solutions, with manufacturers increasingly focusing on alternative powertrains and eco-friendly technologies. This transformation is supported by ambitious infrastructure development plans, with projections indicating the need for 2.9 million charging stations across Europe by 2030, requiring an estimated investment of EUR 8.1 billion. The collaboration between vehicle manufacturers and energy providers is fostering innovation in charging solutions and alternative fuel technologies. For example, Iveco's partnership with Enel in March 2022 for e-mobility development in commercial vehicles demonstrates the industry's commitment to sustainable transportation solutions. Additionally, the European truck market is poised for growth as these advancements continue to reshape the landscape of truck sales in Europe.
Europe Medium and Heavy-duty Commercial Vehicles Market Trends
Environmental concerns, government support, and decarbonization goals fuel European electric vehicle demand and sales
- The demand and sales of electric vehicles in European countries have grown significantly over the past few years. Germany witnessed a growth in the sales of electric cars by 22% in 2022 over 2021, followed by the United Kingdom with an 18.40% increase in 2022 over 2021. Growing environmental concerns, stringent governmental norms, advantages of electric vehicles such as fuel efficiency, low service cost, no carbon emissions, and subsidies by the government are some of the factors contributing to the growth of electric vehicles in European countries.
- The demand for electric commercial vehicles, especially light trucks, is growing gradually in European countries. Moreover, the governments of various countries are also supporting the adoption of electric vehicles. In November 2021, the government of the United Kingdom announced a pledge that all heavy-duty vehicles would be zero-emission by the year 2040. Such factors have increased the sales of electric commercial vehicles in the United Kingdom by 23.17% in 2022 over 2021, and similar practices in various countries are enhancing the demand for electric commercial vehicles across Europe.
- It is projected that the electrification of vehicles in European countries is expected to grow tremendously in the next few years. The efforts of the governments in the regions for decarbonization are expected to drive the electric commercial vehicle market in Europe. For instance, in January 2022, the transport minister of Germany announced a goal to put 15 million electric vehicles on the road by 2030. Such factors are expected to increase the sales of electric vehicles during the 2024-2030 period in European countries.
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OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Several European countries are facing population declines, while others are growing, indicating a need for targeted policy interventions
- European countries are experiencing growth in CVP, driven by government incentives for eco-friendly vehicles
- The general trend indicates a decline or stabilization in rates, influenced by economic factors and monetary policies
- Declining battery prices and government initiatives drive demand for electric vehicles in Europe
- Europe's advanced logistics, driven by the EU's open trade policies, has faced challenges like Brexit. With a focus on sustainability and technology in 2023, Europe was expected to remain a global logistics leader, poised for further innovation and adaptation
- Within the European truck manufacturing sector, Belgium, Spain, and the UK have witnessed positive growth trajectories. In contrast, Italy and Russia are grappling with hurdles. As the industry looks ahead, the impetus on sustainability is set to define its future. Notably, each country is charting its course, balancing distinctive challenges and potential
- Europe's GDP per capita is on track for steady growth, reflecting resilience and strategic policies
- Europe is poised for economic stability, with concerted efforts to manage inflation and foster a balanced economic landscape
- Europe is demonstrating a robust commitment to enhancing its EV infrastructure, with significant growth in both slow and fast-charging stations
- Electrification in Europe drives the increase in regional battery pack demand
- Since February 2023, diesel imports from the Middle East, Asia, and North America have increased due to the ban on imports from Russia
Segment Analysis: Vehicle Type
Heavy-duty Commercial Trucks Segment in Europe Medium and Heavy-duty Commercial Vehicles Market
Heavy-duty commercial trucks dominate the European medium and heavy commercial vehicles market, commanding approximately 89% market share in 2024. This substantial market leadership is driven by the segment's crucial role in long-haul transportation, construction, and logistics operations across Europe. The segment's dominance is reinforced by increasing infrastructure development projects, growing e-commerce activities requiring robust logistics solutions, and the rising demand for efficient freight transportation. Major manufacturers like Daimler, Volvo, and Scania continue to innovate in this segment, introducing advanced technologies and alternative fuel solutions to meet stringent emission standards while maintaining operational efficiency. The segment's strong performance is further supported by government initiatives promoting the modernization of commercial fleets and the development of sustainable transportation solutions across European nations.
Medium-duty Commercial Trucks Segment in Europe Medium and Heavy-duty Commercial Vehicles Market
The medium-duty vehicle segment is experiencing remarkable growth, projected to expand at approximately 8% CAGR from 2024 to 2029. This accelerated growth is primarily driven by increasing urbanization and the growing demand for last-mile delivery services across European cities. The segment is witnessing significant technological advancements, particularly in electric and hybrid powertrains, making these vehicles increasingly attractive for urban logistics and regional distribution operations. Manufacturers are focusing on developing innovative medium-duty vehicles with enhanced fuel efficiency, improved payload capacity, and advanced safety features to meet evolving customer requirements. The segment's growth is further catalyzed by supportive government policies promoting cleaner transportation solutions and the rising adoption of electric medium-duty trucks for urban delivery applications.
Segment Analysis: Propulsion Type
ICE Segment in Europe Medium and Heavy-duty Commercial Vehicles Market
The Internal Combustion Engine (ICE) segment continues to dominate the European medium and heavy commercial vehicles market, commanding approximately 91% market share in 2024. This dominance is primarily attributed to the well-established infrastructure supporting diesel engines, particularly for long-haul transportation and heavy-duty applications. The segment's strength is reinforced by the extensive network of fueling stations, proven reliability in demanding commercial operations, and lower initial acquisition costs compared to alternative powertrains. Despite increasing environmental regulations, ICE vehicles maintain their market leadership due to their ability to handle heavy loads over long distances, established maintenance networks, and the current limitations of alternative technologies in meeting the demanding requirements of commercial transport operations.
BEV Segment in Europe Medium and Heavy-duty Commercial Vehicles Market
Battery Electric Vehicles (BEV) represent the fastest-growing segment in the European medium and heavy-duty commercial vehicles market, with a projected growth rate of approximately 35% during 2024-2029. This remarkable growth is driven by several factors, including stringent emission regulations, government incentives for electric vehicle adoption, and increasing corporate sustainability initiatives. Major manufacturers are expanding their electric vehicle portfolios, with significant investments in battery technology and charging infrastructure. The segment's growth is further supported by improvements in battery technology, increasing range capabilities, and declining battery costs, making electric vehicles increasingly viable for commercial applications. The expansion of fast-charging networks across European transportation corridors is also playing a crucial role in accelerating BEV adoption in the commercial vehicle sector.
Remaining Segments in Propulsion Type
The remaining segments in the propulsion type category include Hybrid Electric Vehicles (HEV), Plug-in Hybrid Electric Vehicles (PHEV), and Fuel Cell Electric Vehicles (FCEV). These segments represent transitional and alternative technologies in the commercial vehicle market. HEVs offer a bridge between conventional ICE vehicles and fully electric solutions, providing improved fuel efficiency while maintaining operational flexibility. PHEVs combine the benefits of electric and conventional powertrains, making them suitable for various commercial applications. FCEVs, while still in early adoption phases, are gaining attention for their potential in long-haul transportation due to quick refueling capabilities and longer range compared to battery-electric alternatives. These segments collectively contribute to the diversification of propulsion technologies in the commercial vehicle market, offering various options to meet different operational requirements and environmental goals.
Europe Medium and Heavy-duty Commercial Vehicles Market Geography Segment Analysis
Europe Medium and Heavy-duty Commercial Vehicles Market in Germany
Germany stands as the cornerstone of Europe's medium and heavy-duty commercial vehicles market, commanding approximately 19% European truck market share in 2024. The country's dominance is underpinned by its robust automotive manufacturing infrastructure, with multiple production facilities spread across various regions. The German market's strength lies in its comprehensive approach to commercial vehicle development, incorporating advanced technologies and sustainable solutions. The government's proactive stance on reducing carbon emissions has led to increased investment in alternative fuel technologies, particularly in the electric and hydrogen fuel cell segments. The country's strategic location at the heart of Europe, coupled with its extensive logistics network, continues to drive demand for commercial vehicles. German manufacturers are increasingly focusing on digitalization and automation features in their vehicles, setting new industry standards for safety and efficiency. The market is further supported by strong after-sales networks and comprehensive service infrastructure, ensuring optimal vehicle performance and longevity.
Europe Medium and Heavy-duty Commercial Vehicles Market in United Kingdom
The United Kingdom's medium and heavy-duty commercial vehicles market is projected to grow at approximately 8% annually from 2024 to 2029, marking it as one of Europe's most dynamic markets. The country's robust growth is driven by significant investments in infrastructure development and the government's commitment to modernizing the transportation sector. The UK market is characterized by its strong emphasis on sustainable transport solutions, with a growing shift towards electric and hybrid commercial vehicles. The country's logistics sector expansion, particularly in e-commerce and last-mile delivery, continues to fuel demand for medium-duty vehicles. Urban development projects and construction activities across major cities are creating sustained demand for heavy-duty vehicles. The market is also seeing increased adoption of telematics and fleet management solutions, enhancing operational efficiency. British businesses are increasingly prioritizing fuel efficiency and reduced emissions in their vehicle selections, aligning with national environmental goals. The government's supportive policies and incentives for cleaner vehicles are reshaping fleet composition across the country, contributing to the European truck market.
Europe Medium and Heavy-duty Commercial Vehicles Market in France
France's medium and heavy-duty commercial vehicles market demonstrates remarkable resilience and innovation, supported by the country's strong industrial base and logistics infrastructure. The French market is characterized by its balanced approach to vehicle adoption, with a mix of traditional and alternative fuel vehicles. The country's strategic focus on developing charging infrastructure has made it particularly attractive for electric commercial vehicle deployment. French fleet operators are increasingly embracing digitalization and connected vehicle technologies, enhancing operational efficiency and safety. The market benefits from strong government support for sustainable transport solutions, including incentives for low-emission vehicles. Urban logistics requirements in major French cities are driving innovations in vehicle design and capabilities. The country's extensive highway network and strategic location for European trade continue to support market growth. Local manufacturers are investing heavily in research and development, particularly in electric and autonomous vehicle technologies, contributing to the overall European truck market share.
Europe Medium and Heavy-duty Commercial Vehicles Market in Poland
Poland's medium and heavy-duty commercial vehicles market has emerged as a significant player in Eastern Europe, benefiting from its strategic location and growing industrial base. The country's role as a key logistics hub between Eastern and Western Europe continues to drive demand for commercial vehicles. Polish fleet operators are increasingly focusing on modernizing their fleets with more efficient and environmentally friendly vehicles. The market is characterized by strong competition among international manufacturers, leading to improved product offerings and services. Local infrastructure development projects and construction activities are creating sustained demand for heavy-duty vehicles. The country's growing manufacturing sector and expanding export activities necessitate reliable transportation solutions. Polish businesses are showing increased interest in advanced safety features and fuel-efficient technologies. The market is supported by a well-developed network of service centers and maintenance facilities, ensuring optimal vehicle performance, which is vital given the number of trucks in Europe.
Europe Medium and Heavy-duty Commercial Vehicles Market in Other Countries
The medium and heavy-duty commercial vehicles market across other European countries, including Sweden, Norway, Denmark, Belgium, Austria, Ireland, Italy, Spain, Estonia, and the Czech Republic, showcases diverse trends and opportunities. These markets are characterized by varying levels of technological adoption and environmental regulations. Nordic countries particularly stand out for their aggressive adoption of sustainable transport solutions, while Southern European nations focus on balancing traditional and alternative fuel vehicles. Each country's unique geographical and economic conditions influence their commercial vehicle preferences and adoption patterns. Regional cooperation and cross-border trade significantly impact market dynamics in these countries. Local regulations and incentives play crucial roles in shaping fleet composition and renewal cycles. These markets are seeing increased interest in specialized vehicles for specific industries, from construction to urban delivery. The development of supporting infrastructure and service networks continues to be a priority across these regions, ensuring optimal vehicle utilization and performance, with notable contributions from various European truck brands.
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Europe Medium and Heavy-duty Commercial Vehicles Industry Overview
Top Companies in Europe Medium and Heavy-duty Commercial Vehicles Market
The European medium and heavy-duty commercial vehicles market is characterized by intense competition among established manufacturers who are actively pursuing innovation and sustainability initiatives. Companies are increasingly focusing on electric and alternative fuel technologies, with major players investing heavily in research and development of zero-emission vehicles and advanced powertrain solutions. Strategic collaborations and partnerships, particularly in developing charging infrastructure and sustainable transportation solutions, have become a common trend among market leaders. Manufacturers are also expanding their service portfolios to include comprehensive fleet management solutions, telematics, and digital connectivity features. The industry has witnessed a significant shift towards customer-centric approaches, with companies offering customized solutions and after-sales services to maintain their competitive edge in the European truck market.
Market Dominated by European Manufacturing Giants
The European medium and heavy-duty commercial vehicles market exhibits a high level of consolidation, with established European manufacturers holding dominant positions. These companies leverage their extensive manufacturing capabilities, well-established dealer networks, and strong brand recognition to maintain their market leadership. The industry structure is characterized by the presence of large conglomerates that offer diverse product portfolios across different vehicle segments and applications. Market dynamics are influenced by strategic alliances and joint ventures, particularly in developing new technologies and sharing research and development costs.
The market has witnessed significant merger and acquisition activities, primarily driven by the need to acquire technological capabilities and expand geographical presence. Companies are increasingly focusing on vertical integration to strengthen their supply chain resilience and maintain control over critical components. The competitive landscape is further shaped by long-standing relationships between manufacturers and their suppliers, creating high entry barriers for new players. Regional specialists maintain their presence through a focus on specific market segments and applications, though their market share in European trucks remains limited compared to the major players.
Innovation and Sustainability Drive Future Success
Success in the European medium and heavy-duty commercial vehicles market increasingly depends on companies' ability to innovate and adapt to changing environmental regulations and customer preferences. Incumbent players must focus on developing sustainable vehicle solutions while maintaining cost competitiveness through operational efficiency and scale advantages. Market leaders are investing in digital transformation and connected vehicle technologies to enhance their value proposition and create additional revenue streams. The ability to provide comprehensive mobility solutions, including financing options and fleet management services, has become crucial for maintaining market position.
For contenders looking to gain market share in the European truck sector, specialization in specific segments or technologies presents opportunities for growth. Success factors include developing strong partnerships with technology providers and establishing efficient distribution networks. Companies must also consider the increasing concentration of large fleet operators and their growing influence on purchase decisions. The regulatory landscape, particularly regarding emissions standards and safety requirements, continues to shape market dynamics and investment decisions. Future success will depend on companies' ability to balance innovation with cost management while meeting evolving customer needs and regulatory requirements in the European truck market.
Europe Medium and Heavy-duty Commercial Vehicles Market Leaders
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Daimler AG (Mercedes-Benz AG)
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Man Truck & Bus
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PACCAR Inc.
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Scania AB
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Volvo Group
- *Disclaimer: Major Players sorted in no particular order
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For the Vehicle Hub report, we provide an extensive collection of over 150 free charts, delivering detailed insights on regional and country-level dynamics within the vehicle industry. This encompasses in-depth analyses of vehicle registrations, usage patterns in both consumer and business segments, and evaluations of various vehicle configurations and body types. The report delves into critical industrial trends such as shifts in vehicle production and distribution centers, changes in vehicle ownership costs, and advancements in automotive technologies. Further, our report offers comprehensive market segmentation by vehicle type, body type, propulsion, and fuel categories, providing a nuanced understanding of the market landscape. It also explores the adoption rate of new technologies, the impact of regulatory changes, and the influence of economic factors on the vehicle market. We include a thorough examination of key industry players, regulatory frameworks, and market size in terms of both revenue and unit sales, leading to strategic projections and forecasts that account for emerging trends and potential shifts in the industry.
List of Tables & Figures
- Figure 1:
- POPULATION TRENDS, VOLUME IN UNITS, EUROPE, 2017 - 2030
- Figure 2:
- GDP PER CAPITA AT CURRENT PRICES, VALUE IN USD, EUROPE, 2017 - 2030
- Figure 3:
- AVERAGE CONSUMER SPENDING PER CAPITA ON PURCHASE OF VEHICLES, VALUE IN USD, EUROPE, 2017 - 2030
- Figure 4:
- INFLATION RATE AT AVERAGE CONSUMER PRICES, PERCENTAGE CHANGE, EUROPE, 2017 - 2030
- Figure 5:
- AUTO LOAN INTEREST RATES, PERCENTAGE, EUROPE, 2017 - 2022
- Figure 6:
- ELECTRIC VEHICLE MARKET PENETRATION RATE, BY VEHICLE TYPE, PERCENTAGE OF VOLUME, EUROPE, 2017 - 2030
- Figure 7:
- CHARGING STATION DEPLOYMENT, BY TYPE, VOLUME IN UNITS, EUROPE, 2017 - 2022
- Figure 8:
- AVERAGE LITHIUM-ION BATTERY PACK PRICE, VALUE IN USD, EUROPE, 2017 - 2030
- Figure 9:
- ANNOUNCEMENT OF NEW XEV MODELS, BY VEHICLE TYPE, VOLUME IN UNITS, EUROPE, 2023 - 2027
- Figure 10:
- WORLD BANK LOGISTICS PERFORMANCE INDEX, EUROPE, 2017 - 2030
- Figure 11:
- FUEL PRICE, BY FUEL TYPE, USD/LITER, EUROPE, 2017 - 2022
- Figure 12:
- OEM-WISE PRODUCTION STATISTICS, VOLUME IN UNITS, EUROPE, 2017 - 2022
- Figure 13:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, VOLUME IN UNITS, 2017 - 2030
- Figure 14:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, VALUE IN USD, 2017 - 2030
- Figure 15:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY VEHICLE BODY TYPE, BY VOLUME IN UNITS, 2017 - 2030
- Figure 16:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY VEHICLE BODY TYPE, BY VALUE IN USD, 2017 - 2030
- Figure 17:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY VEHICLE BODY TYPE, 2017 - 2030
- Figure 18:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY VEHICLE BODY TYPE, 2017 - 2030
- Figure 19:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY PROPULSION TYPE, BY VOLUME IN UNITS, 2017 - 2030
- Figure 20:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY PROPULSION TYPE, BY VALUE IN USD, 2017 - 2030
- Figure 21:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY PROPULSION TYPE, 2017 - 2030
- Figure 22:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY PROPULSION TYPE, 2017 - 2030
- Figure 23:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY FUEL CATEGORY, BY VOLUME IN UNITS, 2017 - 2030
- Figure 24:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY FUEL CATEGORY, BY VALUE IN USD, 2017 - 2030
- Figure 25:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
- Figure 26:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
- Figure 27:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY BEV, BY VOLUME IN UNITS, 2017 - 2030
- Figure 28:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY BEV, BY VALUE IN USD, 2017 - 2030
- Figure 29:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
- Figure 30:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY FCEV, BY VOLUME IN UNITS, 2017 - 2030
- Figure 31:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY FCEV, BY VALUE IN USD, 2017 - 2030
- Figure 32:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
- Figure 33:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY HEV, BY VOLUME IN UNITS, 2017 - 2030
- Figure 34:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY HEV, BY VALUE IN USD, 2017 - 2030
- Figure 35:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
- Figure 36:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY PHEV, BY VOLUME IN UNITS, 2017 - 2030
- Figure 37:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY PHEV, BY VALUE IN USD, 2017 - 2030
- Figure 38:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
- Figure 39:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY FUEL CATEGORY, BY VOLUME IN UNITS, 2017 - 2030
- Figure 40:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY FUEL CATEGORY, BY VALUE IN USD, 2017 - 2030
- Figure 41:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
- Figure 42:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
- Figure 43:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY CNG, BY VOLUME IN UNITS, 2017 - 2030
- Figure 44:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY CNG, BY VALUE IN USD, 2017 - 2030
- Figure 45:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
- Figure 46:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY DIESEL, BY VOLUME IN UNITS, 2017 - 2030
- Figure 47:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY DIESEL, BY VALUE IN USD, 2017 - 2030
- Figure 48:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
- Figure 49:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY GASOLINE, BY VOLUME IN UNITS, 2017 - 2030
- Figure 50:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY GASOLINE, BY VALUE IN USD, 2017 - 2030
- Figure 51:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
- Figure 52:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY LPG, BY VOLUME IN UNITS, 2017 - 2030
- Figure 53:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY LPG, BY VALUE IN USD, 2017 - 2030
- Figure 54:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
- Figure 55:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY COUNTRY, BY VOLUME IN UNITS, 2017 - 2030
- Figure 56:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY COUNTRY, BY VALUE IN USD, 2017 - 2030
- Figure 57:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY COUNTRY, 2017 - 2030
- Figure 58:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY COUNTRY, 2017 - 2030
- Figure 59:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY AUSTRIA, BY VOLUME IN UNITS, 2017 - 2030
- Figure 60:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY AUSTRIA, BY VALUE IN USD, 2017 - 2030
- Figure 61:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY PROPULSION TYPE, 2017 - 2030
- Figure 62:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY BELGIUM, BY VOLUME IN UNITS, 2017 - 2030
- Figure 63:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY BELGIUM, BY VALUE IN USD, 2017 - 2030
- Figure 64:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY PROPULSION TYPE, 2017 - 2030
- Figure 65:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY CZECH REPUBLIC, BY VOLUME IN UNITS, 2017 - 2030
- Figure 66:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY CZECH REPUBLIC, BY VALUE IN USD, 2017 - 2030
- Figure 67:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY PROPULSION TYPE, 2017 - 2030
- Figure 68:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY DENMARK, BY VOLUME IN UNITS, 2017 - 2030
- Figure 69:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY DENMARK, BY VALUE IN USD, 2017 - 2030
- Figure 70:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY PROPULSION TYPE, 2017 - 2030
- Figure 71:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY ESTONIA, BY VOLUME IN UNITS, 2017 - 2030
- Figure 72:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY ESTONIA, BY VALUE IN USD, 2017 - 2030
- Figure 73:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY PROPULSION TYPE, 2017 - 2030
- Figure 74:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY FRANCE, BY VOLUME IN UNITS, 2017 - 2030
- Figure 75:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY FRANCE, BY VALUE IN USD, 2017 - 2030
- Figure 76:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY PROPULSION TYPE, 2017 - 2030
- Figure 77:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY GERMANY, BY VOLUME IN UNITS, 2017 - 2030
- Figure 78:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY GERMANY, BY VALUE IN USD, 2017 - 2030
- Figure 79:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY PROPULSION TYPE, 2017 - 2030
- Figure 80:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY IRELAND, BY VOLUME IN UNITS, 2017 - 2030
- Figure 81:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY IRELAND, BY VALUE IN USD, 2017 - 2030
- Figure 82:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY PROPULSION TYPE, 2017 - 2030
- Figure 83:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY ITALY, BY VOLUME IN UNITS, 2017 - 2030
- Figure 84:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY ITALY, BY VALUE IN USD, 2017 - 2030
- Figure 85:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY PROPULSION TYPE, 2017 - 2030
- Figure 86:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY NORWAY, BY VOLUME IN UNITS, 2017 - 2030
- Figure 87:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY NORWAY, BY VALUE IN USD, 2017 - 2030
- Figure 88:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY PROPULSION TYPE, 2017 - 2030
- Figure 89:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY POLAND, BY VOLUME IN UNITS, 2017 - 2030
- Figure 90:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY POLAND, BY VALUE IN USD, 2017 - 2030
- Figure 91:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY PROPULSION TYPE, 2017 - 2030
- Figure 92:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY RUSSIA, BY VOLUME IN UNITS, 2017 - 2030
- Figure 93:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY RUSSIA, BY VALUE IN USD, 2017 - 2030
- Figure 94:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY PROPULSION TYPE, 2017 - 2030
- Figure 95:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY SPAIN, BY VOLUME IN UNITS, 2017 - 2030
- Figure 96:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY SPAIN, BY VALUE IN USD, 2017 - 2030
- Figure 97:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY PROPULSION TYPE, 2017 - 2030
- Figure 98:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY SWEDEN, BY VOLUME IN UNITS, 2017 - 2030
- Figure 99:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY SWEDEN, BY VALUE IN USD, 2017 - 2030
- Figure 100:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY PROPULSION TYPE, 2017 - 2030
- Figure 101:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY UK, BY VOLUME IN UNITS, 2017 - 2030
- Figure 102:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY UK, BY VALUE IN USD, 2017 - 2030
- Figure 103:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY PROPULSION TYPE, 2017 - 2030
- Figure 104:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY REST-OF-EUROPE, BY VOLUME IN UNITS, 2017 - 2030
- Figure 105:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, BY REST-OF-EUROPE, BY VALUE IN USD, 2017 - 2030
- Figure 106:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY PROPULSION TYPE, 2017 - 2030
- Figure 107:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2017 - 2030
- Figure 108:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET, MOST ADOPTED STRATEGIES, 2017 - 2030
- Figure 109:
- EUROPE MEDIUM AND HEAVY-DUTY COMMERCIAL VEHICLES MARKET SHARE(%), BY MAJOR PLAYERS
Europe Medium and Heavy-duty Commercial Vehicles Industry Segmentation
Commercial Vehicles are covered as segments by Vehicle Type. Hybrid and Electric Vehicles, ICE are covered as segments by Propulsion Type. Austria, Belgium, Czech Republic, Denmark, Estonia, France, Germany, Ireland, Italy, Norway, Poland, Russia, Spain, Sweden, UK, Rest-of-Europe are covered as segments by Country.| Vehicle Type | Commercial Vehicles | |||
| Propulsion Type | Hybrid and Electric Vehicles | By Fuel Category | BEV | |
| FCEV | ||||
| HEV | ||||
| PHEV | ||||
| ICE | By Fuel Category | CNG | ||
| Diesel | ||||
| Gasoline | ||||
| LPG | ||||
| Country | Austria | |||
| Belgium | ||||
| Czech Republic | ||||
| Denmark | ||||
| Estonia | ||||
| France | ||||
| Germany | ||||
| Ireland | ||||
| Italy | ||||
| Norway | ||||
| Poland | ||||
| Russia | ||||
| Spain | ||||
| Sweden | ||||
| UK | ||||
| Rest-of-Europe | ||||
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Market Definition
- Vehicle Type - The category covers truck category.
- Vehicle Body Type - This includes Medium-duty Commercial Trucks and Heavy-duty Commercial Trucks
- Fuel Category - The category includes various fuel types such as Gasoline, Diesel, LPG (Liquefied Petroleum Gas), CNG (Compressed Natural Gas), HEV (Hybrid Electric Vehicles), PHEV (Plug-in Hybrid Electric Vehicles), BEV (Battery Electric Vehicles), and FCEV (Fuel Cell Electric Vehicles)
| Keyword | Definition |
|---|---|
| Electric Vehicle (EV) | A vehicle which uses one or more electric motors for propulsion. Includes cars, buses, and trucks. This term includes all-electric vehicles or battery electric vehicles and plug-in hybrid electric vehicles. |
| BEV | A BEV relies completely on a battery and a motor for propulsion. The battery in the vehicle must be charged by plugging it into an outlet or public charging station. BEVs do not have an ICE and hence are pollution-free. They have a low cost of operation and reduced engine noise as compared to conventional fuel engines. However, they have a shorter range and higher prices than their equivalent gasoline models. |
| PEV | A plug-in electric vehicle is an electric vehicle that can be externally charged and generally includes all-electric vehicles as well as plug-in hybrids. |
| Plug-in Hybrid EV | A vehicle that can be powered either by an ICE or an electric motor. In contrast to normal hybrid EVs, they can be charged externally. |
| Internal combustion engine | An engine in which the burning of fuels occurs in a confined space called a combustion chamber. Usually run with gasoline/petrol or diesel. |
| Hybrid EV | A vehicle powered by an ICE in combination with one or more electric motors that use energy stored in batteries. These are continually recharged with power from the ICE and regenerative braking. |
| Commercial Vehicles | Commercial vehicles are motorized road vehicles designed for transporting people or goods. The category includes light commercial vehicles (LCVs) and medium and heavy-duty vehicles (M&HCV). |
| Passenger Vehicles | Passenger cars are electric motor– or engine-driven vehicles with at least four wheels. These vehicles are used for the transport of passengers and comprise no more than eight seats in addition to the driver’s seat. |
| Light Commercial Vehicles | Commercial vehicles that weigh less than 6,000 lb (Class 1) and in the range of 6,001–10,000 lb (Class 2) are covered under this category. |
| M&HDT | Commercial vehicles that weigh in the range of 10,001–14,000 lb (Class 3), 14,001–16,000 lb (Class 4), 16,001–19,500 lb (Class 5), 19,501–26,000 lb (Class 6), 26,001–33,000 lb (Class 7) and above 33,001 lb (Class 8) are covered under this category. |
| Bus | A mode of transportation that typically refers to a large vehicle designed to carry passengers over long distances. This includes transit bus, school bus, shuttle bus, and trolleybuses. |
| Diesel | It includes vehicles that use diesel as their primary fuel. A diesel engine vehicle have a compression-ignited injection system rather than the spark-ignited system used by most gasoline vehicles. In such vehicles, fuel is injected into the combustion chamber and ignited by the high temperature achieved when gas is greatly compressed. |
| Gasoline | It includes vehicles that use gas/petrol as their primary fuel. A gasoline car typically uses a spark-ignited internal combustion engine. In such vehicles, fuel is injected into either the intake manifold or the combustion chamber, where it is combined with air, and the air/fuel mixture is ignited by the spark from a spark plug. |
| LPG | It includes vehicles that use LPG as their primary fuel. Both dedicated and bi-fuel LPG vehicles are considered under the scope of the study. |
| CNG | It includes vehicles that use CNG as their primary fuel. These are vehicles that operate like gasoline-powered vehicles with spark-ignited internal combustion engines. |
| HEV | All the electric vehicles that use batteries and an internal combustion engine (ICE) as their primary source for propulsion are considered under this category. HEVs generally use a diesel-electric powertrain and are also known as hybrid diesel-electric vehicles. An HEV converts the vehicle momentum (kinetic energy) into electricity that recharges the battery when the vehicle slows down or stops. The battery of HEV cannot be charged using plug-in devices. |
| PHEV | PHEVs are powered by a battery as well as an ICE. The battery can be charged through either regenerative breaking using the ICE or by plugging into some external charging source. PHEVs have a better range than BEVs but are comparatively less eco-friendly. |
| Hatchback | These are compact-sized cars with a hatch-type door provided at the rear end. |
| Sedan | These are usually two- or four-door passenger cars, with a separate area provided at the rear end for luggage. |
| SUV | Popularly known as SUVs, these cars come with four-wheel drive, and usually have high ground clearance. These cars can also be used as off-road vehicles. |
| MPV | These are multi-purpose vehicles (also called minivans) designed to carry a larger number of passengers. They carry between five and seven people and have room for luggage too. They are usually taller than the average family saloon car, to provide greater headroom and ease of access, and they are usually front-wheel drive. |
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Research Methodology
Mordor Intelligence follows a four-step methodology in all its reports.
- Step-1: Identify Key Variables: To build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built based on these variables.
- Step-2: Build a Market Model: Market-size estimations for the historical and forecast years have been provided in revenue and volume terms. Market revenue is calculated by multiplying the sales volume with their respective average selling price (ASP). While estimating ASP factors like average inflation, market demand shift, manufacturing cost, technological advancement, and varying consumer preference, among others have been taken into account.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables, and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms.
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