How big is the Europe Construction Equipment Market?

The Europe Construction Equipment Market size is expected to reach USD 50.92 billion in 2024 and grow at a CAGR of 6.96% to reach USD 71.30 billion by 2029. Read More

What is the current Europe Construction Equipment Market size?

In 2024, the Europe Construction Equipment Market size is expected to reach USD 50.92 billion. Read More

Who are the key players in Europe Construction Equipment Market?

Liebherr Group, Komatsu Ltd., Caterpillar Inc., J.C. Bamford Excavators Limited and Volvo Construction Equipment are the major companies operating in the Europe Construction Equipment Market. Read More

What years does this Europe Construction Equipment Market cover, and what was the market size in 2023?

In 2023, the Europe Construction Equipment Market size was estimated at USD 47.38 billion. The report covers the Europe Construction Equipment Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Construction Equipment Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the key considerations for companies looking to enter the Europe Construction Equipment Rental Market?

The key considerations for companies looking to enter the Europe Construction Equipment Rental Market are a) Understanding local regulations b) Competition analysis c) Establishing strong distribution networks Read More

Europe Construction Equipment Market Share

Statistics for the 2023 & 2024 Europe Construction Equipment market share, created by Mordor Intelligence™ Industry Reports. Europe Construction Equipment share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Europe Construction Equipment Industry

The European construction equipment market is consolidated, with dominant players like Liebherr and Volvo Equipment. A growing trend is the development of new products that are equipped with advanced technologies to enhance the entire industry's operational efficiency.

In February 2024, Komatsu announced that its new PC33E-6 3-ton class electric mini excavator was expected to make its equipment debut for European equipment buyers at the Intermat 2024 fair in Paris in April 2024. Komatsu claims that the new electric mini excavator is intended to raise the bar for emission-free operations. According to reports, the PC33E-6 will provide class-leading features and outstanding performance to improve construction site safety, cleanliness, and quietness.

In December 2023, Kubota Corporation announced the launch of the KX038-4e electric mini excavator to the European market in the spring of 2024. Kubota aims to achieve carbon neutrality in construction by expanding its range of mini excavators, which are commonly utilized for construction work in urban areas, and include an electric model.