Europe Construction Equipment Market Forecast to 2028

Report Code : BMIRE00026166 | Region : Europe | Industry : Manufacturing and Construction | Published Date : 22/Sep/2022

Europe Construction Equipment Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Equipment Type (Heavy Construction Vehicles, Earthmoving Equipment, Material Handling Equipment, and Others) and Application (Residential, Commercial, and Industrial)

The construction equipment market in Europe is expected to grow from US$17,517.70 million in 2022 to US$32,511.07 million by 2028. It is estimated to grow at a CAGR of 10.9% from 2022 to 2028.

Economic activities across the region were considerably stifled due to the COVID-19 pandemic. According to a recent Global Infrastructure Hub (GIH) assessment in 2020, the short-term fiscal multiplier averaged 0.80 in one year and 1.53 in two to five years. The finding was derived from a sample of over 3,000 estimations from previous research conducted in developed and developing nations. Infrastructure investment has a long-term impact on product development, which can boost GDP in the long run, albeit the scale of these effects is unknown. The GIH research states that the average elasticity of private GDP to public capital stock is roughly 0.19, implying that a 1% increase in the overall value of the public capital stock will raise production by 0.19% annually.

The reliance on communication infrastructure, including telecommunications and broadband services, has grown significantly, with providers reporting a 60% rise in internet traffic since the COVID-19 crisis, according to OECD in 2020. Businesses have used digital solutions and channels to facilitate communication among employees and consumers. The governments and educational institutions have done so as well. As a result, companies and government agencies are expanding the availability of digital material or converting existing content to digital format, owing to the growth of the construction equipment market.

With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe construction equipment market at a substantial CAGR during the forecast period.

Europe Construction Equipment Market Revenue and Forecast to 2028 (US$ Million)

Europe Construction Equipment Market Segmentation

The Europe construction equipment market is segmented by equipment type, application, and country.

Based on equipment type, the market is segmented into heavy construction vehicles, earthmoving equipment, material-handling equipment, and others. In 2022, the material-handling equipment segment held a larger market share and is expected to register a higher CAGR during the forecast period.

Based on application, the market is segmented into residential, commercial, and industrial. The commercial segment held the largest market share in 2022 and is expected to register the highest CAGR in the market during the forecast period.

Based on country, the regional market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. In 2022, Germany held a larger market share. It is also expected to register a higher CAGR during the forecast period.

aterpillar Inc.; CNH Industrial N.V.; Komatsu Ltd.; Liebherr; Terex Corporation; Zoomlion Heavy Industry Science & Technology Co., Ltd.; J C Bamford Excavators Ltd. (JCB); Deere & Company; AB Volvo; and Hitachi Construction Machinery Co., Ltd. are the leading companies in the Europe construction equipment market.

The List of Companies - Europe Construction Equipment Market

● Caterpillar Inc.

● CNH Industrial N.V.

● Komatsu Ltd.

● Liebherr

● Terex Corporation

● Zoomlion Heavy Industry Science&Technology Co., Ltd.

● J C Bamford Excavators Ltd. (JCB)

● Deere & Company

● AB Volvo

● Hitachi Construction Machinery Co., Ltd.

TABLE OF CONTENTS

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 Europe Construction Equipment Market – By Equipment Type

1.3.2 Europe Construction Equipment Market – By Application

1.3.3 Europe Construction Equipment Market – By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Europe Construction Equipment Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. Europe Construction Equipment Market - Key Market Dynamics

5.1 Market Drivers

5.1.1 Widening Infrastructure Investments Post COVID-19 Pandemic

5.1.2 Burgeoning Focus on Public–Private Partnerships (PPP)

5.2 Market Restraints

5.2.1 Reducing Deal Value of Construction Equipment Projects

5.3 Market Opportunities

5.3.1 Boosting Technological Innovations in Construction Equipment

5.4 Future Trends

5.4.1 Surging Artificial Intelligence

5.5 Impact Analysis of Drivers and Restraints

6. Europe Construction Equipment Market Analysis

6.1 Europe Construction Equipment Market Overview

6.2 Europe Construction Equipment Market Forecast and Analysis

7. Europe Construction Equipment Market – By Type

7.1 Overview

7.2 Europe Construction Equipment Market, By Equipment Type (2021 and 2028)

7.3 Heavy Construction Vehicles

7.3.1 Overview

7.3.2 Heavy Construction Vehicles: Construction Equipment Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Earthmoving Equipment

7.4.1 Overview

7.4.2 Earthmoving Equipment: Construction Equipment Market – Revenue and Forecast to 2028 (US$ Million)

7.5 Material-Handling Equipment

7.5.1 Overview

7.5.2 Material-Handling Equipment: Construction Equipment Market – Revenue and Forecast to 2028 (US$ Million)

7.6 Others

7.6.1 Overview

7.6.2 Others: Construction Equipment Market – Revenue and Forecast to 2028 (US$ Million)

8. Europe Construction Equipment Market – By Application

8.1 Overview

8.2 Europe Construction Equipment Market, By Application (2021 and 2028)

8.3 Commercial

8.3.1 Overview

8.3.2 Commercial: Construction Equipment Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Residential

8.4.1 Overview

8.4.2 Residential: Construction Equipment Market – Revenue and Forecast to 2028 (US$ Million)

8.5 Industrial

8.5.1 Overview

8.5.2 Industrial: Construction Equipment Market – Revenue and Forecast to 2028 (US$ Million)

9. Europe Construction Equipment Market – Country Analysis

9.1 Overview

9.1.1 Europe: Construction Equipment Market, by Key Country

9.1.1.1 Germany: Construction Equipment Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.1.1 Germany: Construction Equipment Market, By Equipment Type

9.1.1.1.2 Germany: Construction Equipment Market, By Application

9.1.1.2 France: Construction Equipment Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.2.1 France: Construction Equipment Market, By Equipment Type

9.1.1.2.2 France: Construction Equipment Market, By Application

9.1.1.3 Italy: Construction Equipment Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.3.1 Italy: Construction Equipment Market, By Equipment Type

9.1.1.3.2 Italy: Construction Equipment Market, By Application

9.1.1.4 UK: Construction Equipment Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.4.1 UK: Construction Equipment Market, By Equipment Type

9.1.1.4.2 UK: Construction Equipment Market, By Application

9.1.1.5 Russia: Construction Equipment Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.5.1 Russia: Construction Equipment Market, By Equipment Type

9.1.1.5.2 Russia: Construction Equipment Market, By Application

9.1.1.6 Rest of Europe: Construction Equipment Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.6.1 Rest of Europe: Construction Equipment Market, By Equipment Type

9.1.1.6.2 Rest of Europe: Construction Equipment Market, By Application

10. Industry Landscape

10.1 Overview

10.2 Market Initiative

10.3 Merger and Acquisition

10.4 New Development

11. Company Profiles

11.1 Caterpillar Inc.

11.1.1 Key Facts

11.1.2 Business Description

11.1.3 Products and Services

11.1.4 Financial Overview

11.1.5 SWOT Analysis

11.1.6 Key Developments

11.2 CNH Industrial N.V.

11.2.1 Key Facts

11.2.2 Business Description

11.2.3 Products and Services

11.2.4 Financial Overview

11.2.5 SWOT Analysis

11.2.6 Key Developments

11.3 Komatsu Ltd.

11.3.1 Key Facts

11.3.2 Business Description

11.3.3 Products and Services

11.3.4 Financial Overview

11.3.5 SWOT Analysis

11.3.6 Key Developments

11.4 Liebherr

11.4.1 Key Facts

11.4.2 Business Description

11.4.3 Products and Services

11.4.4 Financial Overview

11.4.5 SWOT Analysis

11.4.6 Key Developments

11.5 Terex Corporation

11.5.1 Key Facts

11.5.2 Business Description

11.5.3 Products and Services

11.5.4 Financial Overview

11.5.5 SWOT Analysis

11.5.6 Key Developments

11.6 Zoomlion Heavy Industry Science&Technology Co., Ltd.

11.6.1 Key Facts

11.6.2 Business Description

11.6.3 Products and Services

11.6.4 Financial Overview

11.6.5 SWOT Analysis

11.6.6 Key Developments

11.7 J C Bamford Excavators Ltd. (JCB)

11.7.1 Key Facts

11.7.2 Business Description

11.7.3 Products and Services

11.7.4 Financial Overview

11.7.5 SWOT Analysis

11.7.6 Key Developments

11.8 Deere & Company

11.8.1 Key Facts

11.8.2 Business Description

11.8.3 Products and Services

11.8.4 Financial Overview

11.8.5 SWOT Analysis

11.8.6 Key Developments

11.9 AB Volvo

11.9.1 Key Facts

11.9.2 Business Description

11.9.3 Products and Services

11.9.4 Financial Overview

11.9.5 SWOT Analysis

11.9.6 Key Developments

11.10 Hitachi Construction Machinery Co., Ltd

11.10.1 Key Facts

11.10.2 Business Description

11.10.3 Products and Services

11.10.4 Financial Overview

11.10.5 SWOT Analysis

11.10.6 Key Developments

12. Appendix

12.1 About The Insight Partners

12.2 Glossary

LIST OF TABLES.

Table 1. Europe Construction Equipment Market, Revenue and Forecast, 2019–2028 (US$ Million)

Table 2. Europe: Construction Equipment Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 3. Germany: Construction Equipment Market, By Equipment Type – Revenue and Forecast to 2028 (US$ Million)

Table 4. Germany: Construction Equipment Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 5. France: Construction Equipment Market, By Equipment Type – Revenue and Forecast to 2028 (US$ Million)

Table 6. France: Construction Equipment Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 7. Italy: Construction Equipment Market, By Equipment Type – Revenue and Forecast to 2028 (US$ Million)

Table 8. Italy: Construction Equipment Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 9. UK: Construction Equipment Market, By Equipment Type – Revenue and Forecast to 2028 (US$ Million)

Table 10. UK: Construction Equipment Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 11. Russia: Construction Equipment Market, By Equipment Type – Revenue and Forecast to 2028 (US$ Million)

Table 12. Russia: Construction Equipment Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 13. Rest of Europe: Construction Equipment Market, By Equipment Type – Revenue and Forecast to 2028 (US$ Million)

Table 14. Rest of Europe: Construction Equipment Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 15. Glossary of Terms, Europe Construction Equipment Market

The List of Companies - Europe Construction Equipment Market

● Caterpillar Inc.

● CNH Industrial N.V.

● Komatsu Ltd.

● Liebherr

● Terex Corporation

● Zoomlion Heavy Industry Science&Technology Co., Ltd.

● J C Bamford Excavators Ltd. (JCB)

● Deere & Company

● AB Volvo

● Hitachi Construction Machinery Co., Ltd.

Reason To Buy

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe construction equipment market.

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the Europe construction equipment market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the construction equipment market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

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