Share of the European truck market held by DAF in Europe 2012-2020

In 2020, DAF held a market share of 16.3 percent in the heavy truck sector, a slight drop compared to its 2018 record of 16.6 percent. By contrast, DAF accounted for 9.5 percent of sales in the light truck market. Compared to its 2019 figures, DAF has had a stable year in Europe despite the economic insecurities of the Covid-19 pandemic, having lost an insignificant amount of market shares in the light trucks segment. Comparatively, Toyota, Volkswagen and Daimler were the leading auto and truck maufacturers worldwide in 2019.

DAF production slumps in 2020

While 2020 market shares were stable, DAF was impacted in its production by the worldwide economic situation and manufacturing plants being put to a halt. Before 2020,DAF production volume ramped up in the years following 2014, peaking in 2018. The truck manufacturer had made over 67,000 units of light and heavy commercial vehicles that year, which was an increase of over half its 2014 production. These numbers were however deeply impacted in 2020, where they shrank to 46,600 units produced. This is less than 10 percent above 2014 production and over a quarter less than 2019 data.

Europe holds less than 10 percent of the heavy truck production market

Globally, the truck and commercial vehicle market was dominated by Asia-Oceania. Production volumes have fluctuated since 2011, but Asia-Oceania clearly remained the main region for heavy truck manufacturing, followed by the North American region. Europe was responsible for only seven percent of all trucks produced in 2019.