Europe Van Market Share

Statistics for the 2023 & 2024 Europe Van market share, created by Mordor Intelligence™ Industry Reports. Europe Van share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Europe Van Industry

  • Europe's van market is highly competitive. The presence of major original equipment manufacturers (OEMs) across the region is likely to drive the growth of the market. Major key players in the market include Mercedes Benz, Volkswagen Group, Ford Motor Company, and Vauxhall, along with new entrants like Arrival Electric Group Limited, catering to the region's electric van needs.
  • Growing mergers and acquisitions and business expansion by vehicle manufacturers are likely to boost the van market. For instance, in March 2021, Volkswagen announced its plans to set up six new battery factories across Europe. All six factories are expected to be operational by 2030 and are expected to cater to the battery needs of Volkswagen and be sold to external OEMs as well. This is expected to help the company expand its electric vehicle business in the European region.
  • For instance, in June 2023, Punch Powertrain established a strategic agreement with Cubonic to develop and manufacture sustainable automated and autonomous electric light commercial vehicles (eLCVs), specifically the PeopleMover and CargoMover eLCVs from Cubonic.

Europe Van Market Leaders

  1. Stellantis NV

  2. Daimler AG

  3. Volkswagen AG

  4. Ford Motor Company

  5. Groupe Renault

*Disclaimer: Major Players sorted in no particular order

Europe Van Market Concentration

Europe Van Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)