Europe Truck Freight Market 2022-2027

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    EUROPE TRUCK FREIGHT MARKET

     

    INTRODUCTION

     

    Freight Truck refers to truck with a Gross Vehicle Weight Rating greater than 33,000 lbs used for transportation of goods from one place to another place by road. These Freight trucks are useful in long distance transportation, heavy material transfer. 

     

     

    inforgraphic-Europe Truck Freight Market, Europe Truck Freight Market Size, Europe Truck Freight Market Trends, Europe Truck Freight Market Forecast, Europe Truck Freight Market Risks, Europe Truck Freight Market Report, Europe Truck Freight Market Share

     

    Freight trucks will travel from manufacturing units to warehouses, retailers and other transportation places. There are different kinds of freight trucks available in the market.

    • Flatbeds
    • Refrigerated trucks
    • Semi-trailer Truck
    • Step-Deck 
    • Dry Van Freight Truck
    • Box-Freight Truck

     

    EUROPE TRUCK FREIGHT MARKET SIZE AND FORECAST

    The Europe Truck Freight Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2027, registering a CAGR of XX% from 2022 to 2027.

    RECENT DEVELOPMENTS IN EUROPE TRUCK FREIGHT MARKET

     

    Sl. No. Company Year Development
    DAF March, 2022
    • DAF, a Dutch manufacturer announced  

    the delivery of 5 battery-electric CF Electric trucks to Amazon UK.

    Daimler April, 2022
    • Daimler Truck Financial Services starts its expansion in Argentina, Belgium, Netherlands and Italy.  
    Iveco April, 2022
    • Iveco signs MoU with Enel X to develop e-mobility for commercial vehicles in Europe.

     

     

     

    MARKET DYNAMICS IN EUROPE TRUCK FREIGHT MARKET

     

    As sales of heavy battery electric trucks begin to pick up, the international trucking industry is undergoing a transformation toward more sustainable transportation, with Europe leading the way. In commercial traffic, a rising number of heavy all-electric vehicles are presently on the road.

     

    According to market research, Switzerland, Norway, Sweden, and the Netherlands are the European countries with the most electric trucks registered (16 tonnes).

     

    They are committed to spearheading the electric truck revolution, as evidenced by their market-leading position in Europe. Even while volumes are still low, they are seeing a rapid increase in interest in Europe, North America, and other parts of the world.

     

    They believe that providing electric, zero-emission transportation is becoming a crucial competitive advantage. Volvo Trucks became one of the first truck brands in the world to begin serial production of electric trucks in 2019.

     

    Volvo will have the most comprehensive electric line-up in the worldwide truck market when production of the heavy-duty all-electric models Volvo FH, Volvo FM, and Volvo FMX begins this fall. In Europe, North America, and Australia, Volvo has delivered electric vehicles to a diverse spectrum of clients. The corporation wants half of its total truck sales to be electrified.

     

     

     

    RECENT PARTNERSHIPS IN EUROPE TRUCK FREIGHT MARKET

     

    Volvo Vehicles and DHL Freight have teamed up to accelerate the rollout of heavy-duty electric trucks for regional transport in Europe.

     

    Both firms are working together to conduct the world’s first pilot testing of a fully electric Volvo FH truck with gross combined weights up to 60 tonnes. The vehicle will travel around 150 kilometres between two DHL Freight logistics sites in Sweden.

     

    Volvo and DHL will gather valuable expertise and knowledge about the setup and management of an adequate charging infrastructure during the trial. The information gathered will aid in the optimization of the operating distance, load weight, and charging sites in daily road freight operations.

     

    Their goal is to eliminate all logistics-related emissions. A number of significant milestones have already been reached. Along the way, they will require creative technical solutions and solid relationships. They are sure that their excellent partnership with Volvo Trucks, one of the world’s leading truck manufacturers, will help them achieve ambitious environmental targets in the road freight industry.

     

    The transportation industry is rapidly changing, and being environmentally friendly is becoming a more essential business benefit for many of their customers. They provide efficient transportation solutions that aid in the rapid transition to fossil-free fuels like electricity.

     

    They’ve worked with DHL for a long time. Their extensive and global logistics expertise enables them to research the best conditions for moving forward with this technological transformation, tailoring it to the needs of their customers and the sort of transportation they provide.

     

     

    COMPANY PROFILES

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. What is the average transactional price in the Europe Truck Freight Market right now and how will it change in the next 5-6 years? 
    2. Market share of Europe Truck Freight Market service providers  and their upcoming services.
    3. 5 key predictions for the next 5 years in the Europe Truck Freight Market.
    4. Latest trends in Europe Truck Freight Market, by every market segment
    5. The market size (both volume and value) of Europe Truck Freight Market in 2022-2027 and every year in between
    6. Global production breakup of Europe Truck Freight Market, by suppliers and their OEM relationship.
    7. What is happening overall in the Europe Truck Freight Market.
    8. Who are the major players in the Europe Truck Freight Market?
    9. What are the business opportunities in the Europe Truck Freight Market?
    10. What is the target group ?
    11. What are the strategies for the Europe Truck Freight Market in the next 5 years?

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2022-2027
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027
    19 Market Segmentation, Dynamics and Forecast by Application, 2022-2027
    20 Market Segmentation, Dynamics and Forecast by End use, 2022-2027
    21 Product installation rate by OEM, 2022
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2022
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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