Key facts of the Heavy Commercial Vehicle market
After difficult years in 2020 and 2021, the market has rebounded in 2022. With ongoing supply issue across the globe, there is a dire need for heavy vehicles for transportation and support with construction and agriculture. In the first half of 2023, we see a further improvement of the market with 17% growth. Leading brands are Mercedes Benz Trucks with just under 33,000 vehicles, followed by MAN with 25,000 and Volvo Trucks with 22,900 vehicles. The dominant vehicle sold is the Semi-Trailer truck with 50%, followed by a big margin by the bus with 7%.
Overview of available information
Next to our new registrations information on Passenger Cars and Light Commercial Vehicles, Dataforce now has European coverage of the Heavy Commercial Vehicles in Europe.
Most important information that we have available are the different tonnage (weight) classes and the different body styles (semi-trailer, flatbed, bus, tipper, etc.). For most countries the data goes back until 2015, which will allow for a historical trend analysis.
Dataforce defines the HCV market as the vehicles with gross vehicle weight of over 7 tons, and which includes M3, N2 and N3 vehicles.
East Europe important factor
As with passenger cars, Germany is the largest European market for heavy commercial vehicles. In the first half of the year, almost 50,000 units were registered, representing 28.6% of the market. Interesting is the role of Eastern Europe. Having a large footprint in the transportation sector, a lot of trucks are registered there. Poland’s registrations for HCV represent 19,8% of the market, while for the passenger car market this is only 3.6%. For Romania this relation is 2.5% vs 1.1%. It shows that for manufactures and service providers Eastern Europe has a much more prominent position than for passenger cars.
Join Dataforce on the web and on the road.
Webinar on HCV – September 7
Join our webinar on September 7, from 3pm CET, on the commercial vehicle market (German spoken), where we will go into more detail on the HCV market for Europe with a deep dive on Germany.
Nufam – September 21 to 24
Dataforce will be in person present at this large trade fair for the commercial vehicle industry in Karlsruhe. This would give a great opportunity for an instructional chat or more information on our services. Please contact Christian Spahn, which details are below.
LCV Expert days – September 28
Our partner Nexus Communication will organize an expert day for everyone interested in commercial fleet and LCV management. The latest trends, such as last-mile solutions, sustainability and telematics implementation will be discussed during this event in Zusmarshausen. Dataforce’ s CEO Marc Odinius will be part of the presenters, giving insight on the latest development of the Commercial Vehicle market.
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E-Mail: christian.spahn@dataforce.de