Medium & heavy commercial vehicle manufacturers' market share in Europe 2021-2023
Germany's Mercedes was the leading producer of medium and heavy commercial vehicles in 2021, holding around 19 percent of the market. In 2022, Mercedes, DAF and Volvo gained the highest share of the market, each reporting 17 percent of the market value. By 2026, Mercedes is predicted to once again become the leading producer of commercial vehicles, once again maintaining 19 percent of the market.
