Europe Construction Equipment Market (2020-2026) | Size, Share, Analysis, Revenue, Growth, Forecast, Trend, Outlook & COVID-19 IMPACT

Europe construction equipment market report comprehensively covers the market by types of applications and key countries including Germany, Italy, France, the United Kingdom, and the Rest of Europe. The Europe construction equipment market outlook report provides an unbiased and detailed analysis of the ongoing Europe construction equipment market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

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Europe Construction Market Synopsis

Europe's construction equipment market has registered a steady growth due to economic slowdown in the past few years while the increase in demand for residential infrastructure and growing population of refugees in Europe are considered to enhance the growth of the construction equipment market in Europe. Increasing job opportunities and low-interest rates are the key factors increasing the demand for construction equipment have encouraged the growth of the construction equipment market in the region.

According to 6wresearch, Europe Construction Equipment Market is expected to grow during 2020-2026. Europe is aiming to expand the construction equipment market by accepting the opportunity of huge investments in the market from the Asia Pacific and North America in the upcoming year. Growing traffic congestion coupled with a surging population in the region is driving the development of the market. Additionally, Europe is expected to face challenges in the construction equipment market owing to a lack of trained workers which is projected to affect the growth of the market. In types, the earthmoving segment is anticipated to dominate the construction equipment market share in Europe on account of increasing demand and sales of the crawler excavators.

Europe construction equipment market is estimated to register sound revenues in the upcoming six years on the back of the potential growth of rising renewable energy projects which tends to demand low emission fuel equipment such as backhoe loader tends to emit less smoke is leading to less environmental degradation and would foster the deployment for construction equipment in the coming years for construction equipment in the market. Further, the geographical spread of industries like the oil & gas and mining industry requires adequate infrastructure in order to perform essential activities such as extracting petroleum and minerals which is expected to boost the growth of the Europe construction equipment market in the coming years.

Europe Construction equipment market is projected to witness substantial growth in the foreseeable future backed by the rising commercial sector. Increased government investment in the construction of commercial places such as malls, airports, and offices requires construction equipment in constructing commercial infrastructure and is estimated to propel significant demand for well-equipped equipment. Moreover, France is estimated to witness overall market share in the country owing to a rise in tourist influx tends to require well-developed hotel infrastructures in the country is leading to require construction equipment in constructing hotels and would proliferate the exponential growth of Europe construction equipment market in the upcoming six years.

Europe construction equipment market is expected to register sound revenues in the upcoming six years on the back of the rise in the growth of the EXIM industry across the region, Whereby Germany, France, and the United Kingdom being the top exporting countries and the top exporting categories are machinery, vehicles, mineral fuels, and medication mixes in dosage, concurrently increase in the growth of the construction equipment demand where cranes are proven ideal at times of the loading-unloading process. Further, rising tall building construction is also expected to proliferate the growth of the Europe construction equipment market in the forthcoming years.

Market Analysis by Countries

In the region, The United Kingdom has accounted for a major number of construction projects which are providing steadiness in the market. Apart from France the countries in central Europe have recovered the loss held due to the economic crisis and are back on track with growth.

Market Analysis by Application

Based on the application, the construction application segment is expected to hold the largest share in Europe construction equipment market owing to the growing demand for infrastructure activities in the commercial and residential sectors.

Key Highlights of the Report:

• Europe Construction Equipment Market Overview.
• Europe Construction Equipment Market Outlook.
• Europe Construction Equipment Market Size and Europe Construction Equipment Market Forecast until 2026.
• Historical Data of Europe Construction Equipment Market Revenues & Volume for the Period 2016-2019.
• Market Size & Forecast of Europe Construction Equipment Market Revenues & Volume until 2026.
• Historical Data of Europe Construction Equipment Market Revenues and Volume, By application, for the Period 2016-2019
• Market Size & Forecast of Europe Construction Equipment Market Revenues and Volume, By application, until 2026
• Historical Data of France Construction Equipment Market Revenues and Volume, for the Period 2016-2019
• Market Size & Forecast of France Construction Equipment Market Revenues and Volume, until 2026
• Historical Data of Germany Construction Equipment Market Revenues and Volume, for the Period 2016-2019
• Market Size & Forecast of Germany Construction Equipment Market Revenues and Volume, until 2026
• Historical Data of Italy Construction Equipment Market Revenues and Volume, for the Period 2016-2019
• Market Size & Forecast of Italy Construction Equipment Market Revenues and Volume, until 2026
• Historical Data of the United Kingdom Construction Equipment Market Revenues and Volume, for the Period 2016-2019
• Market Size & Forecast of the United Kingdom Construction Equipment Market Revenues and Volume, until 2026
• Historical Data of Rest of Europe Construction Equipment Market Revenues and Volume, for the Period 2016-2019
• Market Size & Forecast of Rest of Europe Construction Equipment Market Revenues and Volume, until 2026
• Market Drivers and Restraints
• Europe Construction Equipment Market Trends and Industry Life Cycle
• Porter's Five Force Analysis
• Market Opportunity Assessment
• Europe Construction Equipment Market Share, By Players
• Europe Construction Equipment Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The Europe Construction Equipment Market report provides a detailed analysis of the following market segments:

By Types:

Cranes

• Mobile Crane
• Crawler Crane
• Tower Crane
• Construction Tractor and Bulldozer

Earthmoving Equipment

• Loaders
• Excavators
• Motor Grader

Aerial Work Equipment

• Articulated Boom Lifts
• Telescopic Boom Lifts
• Scissor Lifts

Material Handling Equipment

• Telescopic Handlers
• Forklifts

Dump Trucks

Road Construction Equipment

• Pavers
• Road Rollers

By Applications:

• Construction
• Oil & Gas
• Mining
• Others (Municipality, Road Construction)

By Countries:

• Germany
• France
• Italy
• United Kingdom
• Rest of Europe

Europe Construction Equipment Market: FAQs