Western Europe Heavy Ground Transportation Vehicles Market Size, Status, Top Players, Trends in Upcoming Years

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2022
Western Europe Heavy Ground Transportation
Vehicles Market Opportunities, Companies and
Trends in Coming Years
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In 2021, the Western European heavy ground
transportation vehicles market valued 155.4
billion, which is expected to increase to 271.5
billion by 2030, at a 6.4 CAGR. A lot of people
from bordering countries come to France to
explore its iconic monuments, taste its fine
wines, wander in its beautiful countryside, and
partake in its haute cuisine, thereby driving the
demand for transit buses in Western Europe at a
high rate. Although the bus market in the region
is small presently, it offers lucrative
opportunities to OEMs, component providers, and
aftermarket firms, especially with the advent of
autonomous and electric buses. Hence, seeing the
potential increase in the demand for buses and
trucks in Central and Western Europe, automakers
have started launching new models with advanced
technologies, to suit various industrial and
commercial purposes. On the other hand, the
Central European heavy ground transportation
vehicles market revenue is predicted to witness a
CAGR of 5.0, to grow from 42.9 billion in 2021
to 66.6 billion by 2030.
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A key driver for truck sales in the central part
of the continent is, therefore, a massive
increase in domestic and cross-border trade. For
instance, Poland extensively trades with
neighboring countries, including Germany, the
U.K., the Czech Republic, France, and Italy,
which is why the demand for trucks here is rather
high. To cater to the rising demand for freight
transportation, OEMs are introducing new
technologies in trucks, such as autonomous
driving, electric propulsion, and automatic
transmission. Additionally, trucks have
dominated the European heavy ground
transportation vehicles market in both its
western and central parts, as they are essential
for trade. In this regard, the rapid
industrialization and urbanization are the major
reasons behind the growing demand for heavy land
transportation vehicles in Western and Central
Europe, as they are driving an increase in the
population and construction, industrial, and
trading activities. Trucks not only help in the
transportation of finished goods across borders,
but also for bringing material to and from
construction, mining, industrial, and many other
sites. Request to Get the Sample Report
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uropean-heavy-ground-transportation-vehicles-marke
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Thus, with the construction and industrial boom
in the region, the demand for trucks for various
purposes is burgeoning. However, these activities
lead to a rise in the emission of GHGs, which is
why governments in the region are implementing
stringent emission control laws and launching
initiatives to boost the shift to alternative
fuels. This is why while conventional buses and
trucks currently dominate the European heavy
ground transportation vehicles market, in the
coming years, the sale of electric variants will
rise fast. Alstom Holdings, Hitachi Ltd., CRRC
Corporation Limited, Stadler Rail AG, Wabtec
Corporation, Siemens Aktiengesellschaft, CNH
Industrial N.V., Mercedes-Benz Group AG, AB
Volvo, Traton Group, CAF Construcciones y
Auxiliar de Ferrocarriles S.A., PACCAR Inc.,
Mitsubishi Fuso Truck and Bus Corporation, BYD
Motors Inc., VDL Bus Coach B.V., Toyota
Industries Corporation, Stellantis N.V., and SAIC
Motor Corporation Limited are among the biggest
companies offering trucks and buses in Western
and Central Europe. Related Reports by PS
Intelligence Central Europe Heavy Ground
Transportation Vehicles Market Report by PS
Intelligence
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• Market Segmentation by Type
• Truck
• By type
• Heavy commercial vehicle (HCV)
• Light commercial vehicle (HCV)
• By propulsion type
• Conventional
• Hybrid
• Electric
• Others
• By transmission type
• Automatic transmission
• Manual transmission
• By application
• Distribution
• Container
• Dumping
• Refrigeration
• Others

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• Bus
• By type
• Single-deck
• Double-deck
• By application
• Transit
• Intercity/coaches
• Others
• By fuel type
• Diesel
• Electric and hybrid
• By seat capacity
• 15 to 30
• 31 to 45
• Above 45

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• Market Segmentation by Country
• Germany Market
• Truck market
• Bus market
• France Market
• Truck market
• Bus market
• U.K. Market
• Truck market
• Bus market
• Italy Market
• Truck market
• Bus market
• Spain Market
• Truck market
• Bus market
• Others Market
• Truck market
• Bus market

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This study covers 1. Historical and the present
size of the Western Europe Heavy Ground
Transportation Vehicles Market 2. Historical and
the present size of the market segments and
understand their comparative future
potential 3. Potential of on-demand logistics
services, so the market players make informed
decisions on the sales of their
offerings 4. Competitive scenario of various
market segments across key countries in several
regions for uncovering market opportunities for
the stakeholders 5. Major players operating in
the market and their service offerings
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