Trucks - France | Statista Market Forecast

France is projected to experience a significant growth in the Trucks market, with unit sales expected to reach 52.42k vehicles by 2024.
This growth is further anticipated to continue with a compound annual rate of 1.84% from 2024 to 2030, resulting in a projected market volume of 58.48k vehicles by 2030.
The production of Trucks market in France is also expected to increase, reaching 104.40k vehicles units by 2030.
These numbers highlight the potential for significant growth in the Trucks market in France.
From an international perspective, it is interesting to note that China is projected to have the highest sales volume in 2024, with 3.74m vehicles units sold.
France's commercial vehicle market is experiencing a surge in demand for electric trucks, driven by the government's commitment to reduce carbon emissions.

Definition

The Trucks market encompasses a diverse array of vehicles primarily intended for the transportation of goods and materials on a larger scale. These robust and specialized vehicles are engineered for commercial purposes, playing a pivotal role in industries such as logistics, construction, and heavy-duty transportation. Trucks come in various configurations that cater to specific cargo and operational requirements, ranging from light-duty delivery trucks to heavy-duty long-haul trucks with a GVWR of 16 tons or more.

Additional Information

The Trucks market is a dynamic sector characterized by a wide range of vehicle types and applications. Manufacturers continually innovate to improve performance, efficiency, and safety. This market is heavily influenced by factors such as government regulations, emissions standards, and evolving industry needs, which drive advancements in areas like fuel efficiency and alternative propulsion technologies.

Key players in the Trucks market include globally renowned companies such as Daimler Trucks, Volvo Group, PACCAR Inc., and Scania. These manufacturers play a crucial role in shaping the industry by introducing new technologies, improving fuel efficiency, and ensuring compliance with evolving environmental regulations. This market is highly competitive, driving continuous innovation and advancements in truck design and functionality.

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Tanker trucks
Refrigerated trucks
Large delivery trucks
Freight trucks
Flatbed trucks
Construction trucks

Watercraft, aircraft, and railway vehicles
Medium and heavy buses and coaches
Motorcycles and scooters
Light commercial vehicles (LCVs)
Consumer and recreational vehicles
Passenger cars
Off-road and specialized vehicles

The Trucks market in France has been experiencing significant growth in recent years, driven by customer preferences for larger and more versatile vehicles.

Customer preferences: In France, customers are increasingly opting for trucks that offer a combination of power, efficiency, and cargo capacity. This is evident in the rising demand for heavy-duty trucks, which are capable of transporting large loads over long distances. Additionally, there is a growing interest in trucks with advanced features such as improved fuel efficiency, driver assistance systems, and connectivity options. These preferences reflect the need for efficient and reliable transportation solutions in various industries, including logistics, construction, and agriculture.

Trends in the market: One of the key trends in the Trucks market in France is the increasing adoption of electric and hybrid trucks. This trend is driven by environmental concerns and government regulations aimed at reducing carbon emissions. Electric and hybrid trucks offer lower emissions and reduced fuel consumption, making them an attractive option for businesses looking to reduce their environmental impact and operating costs. As a result, manufacturers are investing in the development of electric and hybrid truck models to meet the growing demand in the market. Another trend in the market is the integration of advanced technologies in trucks. This includes the use of telematics systems to track vehicle performance, optimize routes, and improve overall fleet management. Additionally, there is a growing interest in autonomous driving technologies, which have the potential to enhance safety and efficiency in the transportation industry. These technological advancements are shaping the future of the Trucks market in France, as manufacturers strive to meet the evolving needs of customers.

Local special circumstances: France has a strong manufacturing industry, which includes the production of trucks. This local manufacturing capability provides a competitive advantage for French truck manufacturers, as it allows them to cater to the specific needs of the domestic market. Additionally, the French government has been supportive of the automotive industry, providing incentives and subsidies for the production and adoption of electric and hybrid vehicles. These factors contribute to the growth of the Trucks market in France and the development of innovative and sustainable trucking solutions.

Underlying macroeconomic factors: The growth of the Trucks market in France is also influenced by underlying macroeconomic factors. The country has a robust economy, with a strong focus on industries such as manufacturing, agriculture, and construction. These industries rely heavily on trucks for transportation and logistics, driving the demand for trucks in the market. Additionally, favorable interest rates and financing options make it easier for businesses to invest in new trucks and expand their fleet. Overall, the positive macroeconomic conditions in France contribute to the growth and development of the Trucks market.

Data coverage:

The data encompasses B2B enterprises. Figures are based on unit sales and production of trucks.

Modeling approach:

Market sizes are determined through a combined Top-Down and bottom-up approach, building on specific predefined factors for each market. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, third-party studies and reports, survey results from our primary research (e.g., the Statista Consumer Insights Global survey). In addition, we use relevant key market indicators and data from country-specific associations, such as consumer spending per capita on transportation and consumer price index for purchase of vehicles. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, linear regression, the S-curve function and exponential trend smoothing methods are applied.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.

This report presents a comprehensive analysis and additional information on the Mobility market, in a PDF format.

The trucking industry in Canada refers to companies which are engaged in the transport of goods via truck. This includes both organizations who own and operate a private truck fleet to transport goods they produce themselves, as well as for-hire carriers who are contracted to carry goods produced by a different company. In 2022, the industry generated almost 39.55 billion Canadian dollars from almost 63.7 million shipments. Both these figures are slightly lower than at the industry’s peak in 2014, when shipments of 63.8 million tons of cargo generated 38.7 billion in revenue. However, the revenue per shipment of 621.15 Canadian dollars in 2018 is higher than in 2017, when only 585.6 Canadian dollars of revenue was generated per shipment.