Europe Heavy-Duty Construction Equipment Market Size, Share, Analysis, Industry Report and Forecast 2021-2027
The Europe heavy-duty construction equipment market is anticipated to grow significantly at a CAGR of 6.9% over the forecast period (2021-2027). The UK, Germany, France, Italy, Spain, and the Rest of Europe are some of the key economies that contribute to the growth of the European heavy-duty construction equipment industry over the forecast period. The key aspect that drives the growth of the Europe heavy-duty construction equipment market is growth in the construction industry along with the government investments for the construction sector growth. On 17 March 2020, the European Commission has approved an investment package worth more than $1.7 billion of EU funds in 14 large infrastructure projects in 7 Member States, namely Croatia, Czechia, Hungary, Poland, Portugal, Romania, and Spain.
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This huge investment has been done by the government for the infrastructural development in the region, such as improving rail network, reliable and efficient energy supply, flood safety & improving sustainable water management, clean energy, and better transport services, upgrading public transport, access to clean water and better healthcare, and many more. In addition, Trans-European Network for Transport (TEN-T), the world’s biggest infrastructure project, crossing geographic and political borders, connecting economic markets, and trade mega centers while combining different European cultures. This also contributes to market growth.
A
full Report of Europe Heavy-Duty Construction Equipment Market is Available
at: https://www.omrglobal.com/industry-reports/europe-heavy-duty-construction-equipment-market
·
Market number available for – 2020-2027
·
Base year- 2020
·
Forecast period- 2021-2027
·
Segment Covered- By Machinery Type,
Applications, and Industry
·
Region Covered- Europe
·
Competitive Landscape- Caterpillar Inc., Deere
& Co., Komatsu Ltd., Liebherr Group, CNH Industrial NV, Hitachi
Construction Machinery Co. Ltd., Hyundai Heavy Industries Co. Ltd., and Kobelco
Construction Machinery Co. Ltd. among others
Europe Heavy-Duty Construction
Equipment Market – Segmentation
·
Cranes
·
Loader
& Backhoe
·
Telescopic
Handlers
·
Excavators
·
Others
(Graders, Trencher)
Material
Handling Equipment
·
Hoists
·
Conveyors
·
Forklifts
·
Others
(Industrial Trucks)
Other
Heavy-Duty Construction Equipment
·
Concrete
Mixers
·
Road
Rollers
·
Stone
Crushers
·
Dumpers
·
Tippers
& Trailers
·
Others
(Slurry Seal Machines)
By
Applications
·
Excavation
& Demolition
·
Heavy
Lifting
·
Handling
·
Transportation
·
Recycling
& Waste Management
·
Others
(Tunneling)
By Industry
·
Construction
& Infrastructure
·
Manufacturing
·
Mining
·
Others
(Oil & Gas)
Europe
Heavy-Duty Construction Equipment Market – Countries Covered
·
UK
·
Germany
·
France
·
Italy
·
Spain
Rest of
Europe
Company
Profiles
·
Atlas
Copco AB
·
Caterpillar
Inc.
·
CNH
Industrial NV
·
Deere
& Co.
·
Doosan
Heavy Industries & Construction Co., Ltd.
·
Hitachi
Construction Machinery Co. Ltd.
·
Hyundai
Heavy IndustriesCo. Ltd.
·
JCB
·
Komatsu
Ltd.
·
Liebherr
Group
·
Metso
Corp.
·
Sumitomo
Heavy Industries Ltd.
·
Terex
Corp.
·
Volvo
Group
·
Wirtgen
Group
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