Europe Commercial Vehicles Market Introduction and Overview
According to SPER Market Research, the Europe Commercial Vehicles Market is estimated to reach USD XX Billion by 2033 with a CAGR of 4.4%.
The report includes an in-depth analysis of the Europe Commercial Vehicles Market, including market size and trends, product mix, applications, and supplier analysis. Commercial vehicles obtain licences to deliver products and commodities. They might be registered under individual ownership or leased from financial entities. Their safety is gradually improving thanks to technologies such as onboard monitoring, vehicle condition tracking, and driver support systems such as field-of-view cameras and route planning aids. This breakthrough has resulted in improved safety and efficiency in commercial vehicle operations. As the foundation of the logistics and transportation industries, these vehicles are critical in easing the flow of products and resources, promoting economic growth, and meeting the needs of a globalised marketplace.
Market Opportunities and Challenges
The market is being pushed primarily by increased trade and cross-border transit. In accordance with this, the growth of e-commerce and last-mile delivery services is a big contributor to the market. Furthermore, the increasing demand for efficient commodities movement in metropolitan areas is having a favourable impact on the market. Aside from that, increased infrastructure development and road network expansion are driving the industry. Furthermore, growing industrialization and manufacturing activity create several market opportunities. Furthermore, the market is being stimulated by rising replacement demand as commercial vehicle fleets age and the growing requirement for temperature-controlled transportation in the food and pharmaceutical industries. Furthermore, rising acceptance of electric and hybrid commercial vehicles, as well as increased demand for specialised vehicles such as refrigerated trucks and tankers, are driving market growth.
However, the market faces hurdles. Meeting high emissions regulations and regulatory compliance necessitates significant investment in R&D, thereby raising manufacturing costs for manufacturers. Disruptions in the global supply chain, such as those induced by trade disputes or the COVID-19 epidemic, can affect manufacturing schedules and result in inventory shortages. Economic uncertainties, infrastructure constraints, and shifting mobility patterns complicate the commercial vehicle market picture, forcing industry players to handle these obstacles while capitalising on growth potential.
Market Competitive Landscape
The major key players in the Europe Commercial Vehicles Market are: Bosch Rexroth AG (Robert Bosch GmbH), Daimler AG, Ford Motor Company, General Motor Co., Honda Motor Co. Ltd., Hyundai Motor Company, Mahindra & Mahindra Limited (Mahindra Group), Tata Motors Limited, Toyota Motor Corporation, Volkswagen AG, Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Type, By End-Use Industry
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| Regions covered | France, Germany, Italy, Russia, Spain, UK, Rest of Europe
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| Companies Covered | Bosch Rexroth AG (Robert Bosch GmbH), Daimler AG, Ford Motor Company, General Motor Co., Honda Motor Co. Ltd., Hyundai Motor Company, Mahindra & Mahindra Limited (Mahindra Group), Tata Motors Limited, Toyota Motor Corporation, Volkswagen AG, Others
|
COVID-19 Impact on Europe Commercial Vehicles Market
The COVID-19 pandemic had a significant impact on the European commercial vehicle industry. Lockdown measures and an economic slowdown have limited demand for new commercial vehicles in a variety of sectors, including logistics, construction, and transportation. Supply chain delays and production halts exacerbated the situation, resulting in decreased sales and revenue for commercial vehicle manufacturers. However, demand improved slightly towards the end of the epidemic as firms adjusted to new operational requirements and economic activity gradually returned.
Key Target Audience:
- Logistics and Transportation Companies
- Construction and Infrastructure Development Firms
- Manufacturing and Industrial Enterprises
- Government and Municipal Authorities
- Fleet Management Companies
- Automotive Dealerships and Distributors
- Rental and Leasing Agencies
- Commercial Vehicle Manufacturers
- Others
Our in-depth analysis of the Europe Commercial Vehicles Market includes the following segments:
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By Type: |
Buses & Coaches
Heavy Trucks
Light Commercial Vehicles (LCVs)
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By End-Use Industry: |
Industrial
Logistics
Mining & Construction
Passenger Transportation
Others
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By Region: |
France
Germany
Italy
Russia
Spain
UK
Rest of Europe
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Key Topics Covered in the Report:
- Europe Commercial Vehicles Market Size (FY’2024-FY’2033)
- Overview of Europe Commercial Vehicles Market
- Segmentation of Europe Commercial Vehicles Market By Type (Buses & Coaches, Heavy Trucks, Light Commercial Vehicles)
- Segmentation of Europe Commercial Vehicles Market By End-Use Industry (Industrial, Logistics, Mining & Construction, Passenger Transportation, Others)
- Statistical Snap of Europe Commercial Vehicles Market
- Expansion Analysis of Europe Commercial Vehicles Market
- Problems and Obstacles in Europe Commercial Vehicles Market
- Competitive Landscape in the Europe Commercial Vehicles Market
- Impact of COVID-19 and Demonetization on Europe Commercial Vehicles Market
- Details on Current Investment in Europe Commercial Vehicles Market
- Competitive Analysis of Europe Commercial Vehicles Market
- Prominent Players in the Europe Commercial Vehicles Market
- SWOT Analysis of Europe Commercial Vehicles Market
- Europe Commercial Vehicles Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Refurbished Medical Equipment Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Refurbished Medical Equipment Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Refurbished Medical Equipment Market
7. Global Refurbished Medical Equipment Market, By Product (USD Million)
7.1. Global Refurbished Medical Equipment Market Value Share and Forecast, By Product, 2024-2033
7.2. Intensive care equipment
7.3. Medical Imaging
7.4. OR Equipment
7.5. Patient Monitors
8. Global Refurbished Medical Equipment Market, By Application (USD Million)
8.1. Global Refurbished Medical Equipment Market Value Share and Forecast, By Application, 2024-2033
8.2. Cardiology
8.3. Neurology
8.4. Oncology
8.5. Urology
9. Global Refurbished Medical Equipment Market, By End User (USD Million)
9.1. Global Refurbished Medical Equipment Market Value Share and Forecast, By End User, 2024-2033
9.2. Diagnostic Imaging Centres
9.3. Hospital
10. Global Refurbished Medical Equipment Market Forecast, 2020-2033 (USD Million)
10.1. Global Refurbished Medical Equipment Market Size and Market Share
11. Global Refurbished Medical Equipment Market, By Product 2020-2033 (USD Million)
11.1. Global Refurbished Medical Equipment Market Size and Market Share By Product (2020-2026)
11.2. Global Refurbished Medical Equipment Market Size and Market Share By Product (2027-2033)
12. Global Refurbished Medical Equipment Market, By Application 2020-2033 (USD Million)
12.1. Global Refurbished Medical Equipment Market Size and Market Share By Application (2020-2026)
12.2. Global Refurbished Medical Equipment Market Size and Market Share By Application (2027-2033)
13. Global Refurbished Medical Equipment Market, By End User, 2020-2033 (USD Million)
13.1. Global Refurbished Medical Equipment Market Size and Market Share By End User (2020-2026)
13.2. Global Refurbished Medical Equipment Market Size and Market Share By End User (2027-2033)
14. Global Refurbished Medical Equipment Market, By Region, 2020-2033 (USD Million)
14.1. Global Refurbished Medical Equipment Market Size and Market Share By Region (2020-2026)
14.2. Global Refurbished Medical Equipment Market Size and Market Share By Region (2027-2033)
14.3. Asia-Pacific
14.3.1. Australia
14.3.2. China
14.3.3. India
14.3.4. Japan
14.3.5. South Korea
14.3.6. Rest of Asia-Pacific
14.4. Europe
14.4.1. France
14.4.2. Germany
14.4.3. Italy
14.4.4. Spain
14.4.5. United Kingdom
14.4.6. Rest of Europe
14.5. Middle East and Africa
14.5.1. Kingdom of Saudi Arabia
14.5.2. United Arab Emirates
14.5.3. Rest of Middle East & Africa
14.6. North America
14.6.1. Canada
14.6.2. Mexico
14.6.3. United States
14.7. Latin America
14.7.1. Argentina
14.7.2. Brazil
14.7.3. Rest of Latin America
15. Company Profile
15.1. Agito Medical A/S
15.1.1. Company details
15.1.2. Financial outlook
15.1.3. Product summary
15.1.4. Recent developments
15.2. Block Imaging
15.2.1. Company details
15.2.2. Financial outlook
15.2.3. Product summary
15.2.4. Recent developments
15.3. DRE Medical
15.3.1. Company details
15.3.2. Financial outlook
15.3.3. Product summary
15.3.4. Recent developments
15.4. Everx Pvt Ltd.
15.4.1. Company details
15.4.2. Financial outlook
15.4.3. Product summary
15.4.4. Recent developments
15.5. General Electric Company
15.5.1. Company details
15.5.2. Financial outlook
15.5.3. Product summary
15.5.4. Recent developments
15.6. Integrity Medical Systems
15.6.1. Company details
15.6.2. Financial outlook
15.6.3. Product summary
15.6.4. Recent developments
15.7. Koninklijke Philips N.V.
15.7.1. Company details
15.7.2. Financial outlook
15.7.3. Product summary
15.7.4. Recent developments
15.8. Radiology Oncology Systems Inc.
15.8.1. Company details
15.8.2. Financial outlook
15.8.3. Product summary
15.8.4. Recent developments
15.9. Siemens AG
15.9.1. Company details
15.9.2. Financial outlook
15.9.3. Product summary
15.9.4. Recent developments
15.10. Soma Technology
15.10.1. Company details
15.10.2. Financial outlook
15.10.3. Product summary
15.10.4. Recent developments
15.11. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
