Truck and trailer market outlook 2025: navigating a greener future after extraordinary times
European demand for transport equipment has cooled. Following three years of supply chain issues and subsequent recovery, reduced orders and cleared backlogs are expected to lower deliveries in 2024-25. The trailer market, which saw this earlier, is set to stabilise in 2025. Expect more zero-emission vehicles due to ambitious CO2 regulations
After a surge in investments and delayed deliveries, the momentum for new trucks and trailers has slowed. With a drop in transport demand, many carriers are now dealing with excess capacity and are pulling back. Manufacturers relied on pandemic-era backlogs, but as order books have normalised, the drop in orders has become more evident this year. Trailer purchases had already started their decline.
The normalisation of elevated prices, an improvement of the transport market, and catch-up replacements may boost investments and orders by late 2025, but a material market improvement is only expected by 2026. All eyes next year are on the accelerated inflow of electric long-haul tractors.
