Europe & CIS Tractor & Trailer Market to Grow with a CAGR of 4.70% through 2030
Rising cross-border freight demand, increasing investments in road
infrastructure, and growing preference for long-haul heavy-duty vehicles are
the factors driving the market in the forecast period 2026–2030.
According to TechSci Research report, “Europe & CIS Tractor
& Trailer Market – Industry Size, Share, Trends, Opportunity, and Forecast,
2020-2030F”, The Europe & CIS Tractor & Trailer Market was
valued at USD 18.36 Billion in 2024 and is expected to reach USD 24.19 Billion
by 2030 with a CAGR of 4.70% during the forecast period.
The Europe & CIS trucks and trailer market is undergoing significant
transformation, shaped by evolving industrial supply needs, infrastructure
modernization projects, and the integration of automation in fleet operations.
The push for on-time industrial shipments, especially for construction
materials, machinery, and raw goods, is contributing to a surge in demand for
robust and load-bearing truck and trailer combinations. Growing investments in
smart road corridors and transnational freight corridors are further amplifying
the movement of commercial vehicles across extended routes, placing emphasis on
vehicles with enhanced torque, durability, and high-volume hauling
capabilities.
A key growth factor is the increasing deployment of trucks and trailers
in sectors such as energy, mining, and waste management, where specialized body
types and reinforced chassis are essential. Demand is being fueled by
industries requiring multipurpose fleets capable of handling diverse cargo,
terrain, and climate conditions. Fleet managers are also prioritizing
compliance with evolving vehicle safety standards, prompting the adoption of
advanced braking systems, digital rear-view monitoring, and underride
protection systems in trailers.
Browse over XX market data Figures spread through XX Pages and an
in-depth TOC on "Europe & CIS Tractor & Trailer Market"
Europe
& CIS Tractor & Trailer Market Is Segmented by Type, Capacity, Fuel
Type, and Country.
In 2024, the electric
fuel-type segment achieved the most rapid growth in the Europe & CIS
tractor and trailer market. Heightened attention to sustainability, combined
with stricter emissions mandates, pushed electric powertrain adoption faster
than other fuel types. Breakthroughs in battery capacity and more efficient
charging infrastructure made electric tractors viable beyond short-haul routes,
extending into regional logistics. Fleet operators, attracted by lower energy
and maintenance costs, began transitioning entire units to electric. Electric
trailers also gained ground with features like electric-axle propulsion and
powered refrigeration systems that supported zero-emission freight solutions.
Quiet operation and reduced operational costs bolstered business cases,
encouraging more operators to explore full electrification for mixed route
profiles. Robust policy support and non-monetary incentives made investment
decisions simpler, while the ability to meet urban low-emission zone
restrictions further accelerated deployment in city-centric applications. As a
result, electric tractor-trailer combinations saw widespread piloting and early
fleet integration across the region.
Among the key countries in
the region, the United Kingdom led electric adoption in 2024. National efforts
to expand charging hubs along freight corridors and quasi‑mandatory incentives for zero‑emission vehicles drove fleet electrification faster than elsewhere.
Logistics providers started deploying electric tractors on major distribution
routes between urban centers, supported by strong regulatory frameworks. The
country’s integrated infrastructure network and favorable investment climate
helped overcome previous barriers, making electric commercial vehicles a
practical and cost-effective solution. Gradually, electric tractor-trailer
units became a common sight on highways and urban roads alike.
Major Market
Players Operating in Europe & CIS Tractor & Trailer Market Are:
- Claas
KGaA mbH
- Deere
& Company
- CNH
Industrial NV
- AGCO
Corporation
- Kubota
Corporation
- Mahindra
& Mahindra Ltd
- Tractors
and Farm Equipment Limited
- SDF SpA
- Argo
Tractors SpA
- PFG
America, LLC
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“The Europe & CIS tractors
and trailers market is evolving fast. What we’re seeing is a real shift not
just in what fleets are buying, but in how they’re thinking. Operators are
looking beyond horsepower and payload. They want smarter, more efficient, and
sustainable transport solutions. From electric drivetrains to connected
trailers with real-time diagnostics, it’s all about driving performance while
staying future-ready. The focus is now firmly on total cost of ownership and
long-term operational gains, and that’s reshaping demand patterns across the
entire region.”, said Mr. Karan Chechi, Research Director of TechSci Research,
a research-based global management consulting firm.
“Europe & CIS Tractor &
Trailer Market – Size, Share, Trends, Opportunity, and Forecast, Segmented By
Type (Tractor, Trailer), By Capacity (44 Tons, > 44 Tons, < 44 Tons), By
Fuel Type (Diesel, Petrol, Electric, Others), By Country, By Competition, 2020-2030F”, assesses the market's future
growth potential and provides data on market size, trends, and forecasts. It
aims to offer comprehensive market insights, helping decision-makers make
informed investment choices. The report also highlights emerging trends, key
drivers, challenges, and opportunities in the Europe & CIS Tractor &
Trailer Market.
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