Europe Heavy-Duty Construction Equipment Market Trends, Size, Competitive Analysis 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.
Market Coverage
·
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
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Europe Heavy-Duty
Construction Equipment Market – Segmentation
By Machinery Type
Ø
Earth Moving Equipment
·
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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1.
We cover more than 15 major industries, further segmented into more than 90
sectors.
2.
More than 120 countries are for analysis.
3.
Over 100+ paid data sources mined for investigation.
4.
Our expert research analysts answer all your questions before and after
purchasing your report.
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