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Trucks - Slovenia

Slovenia
  • In 2024, the Trucks market in Slovenia is projected to reach 2.90k vehicles unit sales.
  • This indicates a potential growth in the market.
  • The annual growth rate (CAGR 2024-2030) is expected to be 4.70%, leading to a projected market volume of 3.82k vehicles units by 2030.
  • This demonstrates the potential for further expansion in the Trucks market.
  • By 2030, the production of Trucks market is expected to reach 2.20k vehicles units, further highlighting the growth potential of the market.
  • From an international perspective, it is evident that in 2024, the majority of sales, amounting to 3.74m vehicles units, will be China.
  • Slovenia's truck market is experiencing a growing demand for eco-friendly vehicles, with an increasing focus on electric and hybrid models.

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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In-Scope

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

Out-Of-Scope

  • 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
Trucks: market data & analysis - Cover

Market Insights report

Trucks: market data & analysis

Study Details

    Unit Sales

    Most recent update: Oct 2024

    Source: Statista Market Insights

    Production

    Most recent update: Oct 2024

    Source: Statista Market Insights

    Analyst Opinion

    The Trucks market in Slovenia has been experiencing significant growth in recent years, driven by changing customer preferences, emerging trends in the market, local special circumstances, and underlying macroeconomic factors. Customer preferences in the Trucks market in Slovenia have shifted towards more fuel-efficient and environmentally friendly vehicles.

    Customers are increasingly demanding trucks with lower emissions and higher fuel efficiency, as they seek to reduce their carbon footprint and operating costs. This has led to a rise in the popularity of electric and hybrid trucks, as well as trucks powered by alternative fuels such as natural gas. In addition to fuel efficiency, customers in Slovenia are also prioritizing safety features in their truck purchases.

    They are looking for trucks equipped with advanced safety technologies such as collision avoidance systems, lane departure warning systems, and adaptive cruise control. These features not only enhance the safety of the driver and other road users but also help to reduce the risk of accidents and associated costs. Trends in the Trucks market in Slovenia are also influenced by global and regional market developments.

    For example, the growing trend of e-commerce and online shopping has increased the demand for last-mile delivery trucks. As more consumers shop online and expect faster delivery times, logistics companies are investing in smaller trucks that can navigate urban areas and deliver packages efficiently. Local special circumstances, such as Slovenia's geographical location and infrastructure, also play a role in shaping the Trucks market.

    Slovenia is strategically located at the crossroads of major European transportation routes, making it an important hub for international trade. This has led to increased demand for trucks that can transport goods across borders and long distances. Underlying macroeconomic factors, such as GDP growth and government policies, also impact the Trucks market in Slovenia.

    A strong economy and favorable government policies that support the transportation and logistics industry have contributed to the growth of the market. Additionally, infrastructure development projects, such as the construction of new highways and logistics centers, have further stimulated the demand for trucks in the country. In conclusion, the Trucks market in Slovenia is experiencing growth due to changing customer preferences, emerging trends, local special circumstances, and underlying macroeconomic factors.

    Customers are increasingly seeking fuel-efficient and safe trucks, while trends such as e-commerce and infrastructure development are driving specific segments of the market. With favorable economic conditions and government support, the Trucks market in Slovenia is expected to continue its positive trajectory in the coming years.

    Global Comparison

    Most recent update: Oct 2024

    Source: Statista Market Insights

    Methodology

    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.

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    Trucks: market data & analysis - BackgroundTrucks: market data & analysis - Cover

    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

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    Trucking industry in Canada - statistics & facts

    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.
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