French market
The truck market in France
A truck is a motor vehicle most often used for road haulage, with a gross vehicle weight rating (GVWR) of over 3.5 tonnes. There are different types of truck, depending on their configuration, and in this study we'll be looking at straight trucks, tractor units, trailers and semi-trailers. They can have different characteristics depending on their use. There are tippers, vans (sometimes refrigerated), flatbed trucks, and so on. We'll be focusing mainly on the new market, but we'll also mention used trucks in the distribution section.
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A truck is a motor vehicle most often used for road haulage, with a gross vehicle weight rating (GVWR) of over 3.5 tonnes. There are different types of truck, depending on their configuration, and in this study we'll be looking at straight trucks, tractor units, trailers and semi-trailers. They can have different characteristics depending on their use. There are tippers, vans (sometimes refrigerated), flatbed trucks, and so on. We'll be focusing mainly on the new market, but we'll also mention used trucks in the distribution section.
With an estimated average annual growth rate of 6.3% up to 2028, the global truck market is set to be extremely dynamic, thanks to growth in the construction sector, particularly in emerging countries, and the development of logistics services and e-commerce. Despite the pandemic that hit the sector hard, bringing major truck manufacturing customer sectors to a halt, the sector has recovered very well from the crisis, and still offers great prospects for development.
Europe is still the world's leading truck production market in terms of value, thanks in particular to the presence of world-class manufacturers in Germany and Sweden.
The truck market is dominated by a handful of leading manufacturers (Renault Trucks, Mercedes, DAF, etc.), leaving little room for new entrants with high barriers to entry. We will also look at distributors and truck financing methods (leasing, conventional credit, etc.).
Last but not least, truck manufacturing is a fertile ground for the development of technical innovations, notably in the field of electric and autonomous trucks , which will contribute to the market's future dynamism.
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