Enjoy complimentary customisation on priority with our Enterprise License!
The construction equipment market size in Europe is forecast to increase by USD 6.7 billion at a CAGR of 3.22% between 2023 and 2028. The European construction equipment market is experiencing significant growth, driven by increasing government infrastructure investments and the rising demand for electric construction equipment. Governments across Europe are investing heavily in infrastructure projects to boost economic growth and improve infrastructure quality. This trend is expected to continue, providing a strong impetus to the construction equipment market. Additionally, the high cost associated with traditional construction equipment is driving the demand for electric alternatives, which offer lower operating costs and reduced environmental impact. The shift towards electric construction equipment is a key trend shaping the market, with manufacturers focusing on developing innovative solutions to meet the evolving needs of customers. Despite these growth opportunities, the market faces challenges such as the high initial investment cost of electric construction equipment and the lack of standardization in charging infrastructure. Overall, the European construction equipment market is poised for steady growth, driven by government investments and the increasing adoption of electric equipment.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.