Europe Heavy Construction Equipment Market Research Report - Forecast to 2030

Europe Heavy Construction Equipment Market Research Report, By Types (Earthmoving Equipment, Material Handling Equipment, Heavy Construction Vehicles, Others (Cranes, Excavator, Dozer)), By applications (Mining & Excavation, Earthmoving, Transportation, Lifting, Material Handling, Others), end-users (Oil & Gas Industry, Construction Industry, Military, Mining, Agriculture & Forestry and Others) - Forecast to 2030

ID: MRFR/IA - E/0208-HCR | September 2022 | Region: Global | 200 Pages         

Table of Contents

1 Executive Summary

1.1 Market Attractiveness Analysis

1.1.1 Europe Heavy Construction Equipment Market, By Type

1.1.2 Europe Heavy Construction Equipment Market, By Application

1.1.3 Europe Heavy Construction Equipment Market, By End User

1.1.4 Europe Heavy Construction Equipment Market, By Country

2 Market Introduction

2.1 Definition

2.2 Scope of the Study

2.3 Market Structure

2.4 List of Assumptions

2.5 Key Buying Criteria

2.6 Macro Factor Indicator Analysis

3 Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

3.5 Forecast Model

4 Market Insights

5 Market Dynamics

5.1 Introduction

5.2 Drivers

5.2.1 Growing construction industry

5.2.2 Rapid urbanization

5.2.3 Drivers Impact Analysis

5.3 Restraints

5.3.1 Stringent government emission regulations

5.3.2 Restraints Impact Analysis

5.4 Opportunities

5.4.1 Scope for rental services

5.5 Challenges

5.5.1 Challenge 1

6 Market Factor Analysis

6.1 Supply/Value Chain Analysis

6.1.1 Design and Development

6.1.2 Raw Material

6.1.3 Manufacturing

6.1.4 End-Use

6.2 Porterโ€™s Five Forces Model

6.2.1 Threat of New Entrants

6.2.2 Bargaining Power of Suppliers

6.2.3 Bargaining Power of Buyers

6.2.4 Threat of Substitutes

6.2.5 Intensity of Rivalry

7 Europe Heavy Construction Equipment Market, By Type

7.1 Overview

7.2 Earthmoving Equipment

7.2.1 Earthmoving Equipment: Market Estimates & Forecast by Region/Country, 2019-2027

7.3 Material Handling Equipment

7.3.1 Material Handling Equipment: Market Estimates & Forecast by Region/Country, 2019-2027

7.4 Heavy Construction Vehicles

7.4.1 Heavy Construction Vehicles: Market Estimates & Forecast by Region/Country, 2019-2027

7.5 Others

7.5.1 Others: Market Estimates & Forecast by Region/Country, 2019-2027

8 Europe Heavy Construction Equipment Market, By Application

8.1 Overview

8.2 Mining & Excavation

8.2.1 Mining & Excavation: Market Estimates & Forecast by Region/Country, 2019-2027

8.3 Earthmoving

8.3.1 Earthmoving: Market Estimates & Forecast by Region/Country, 2019-2027

8.4 Transportation

8.4.1 Transportation: Market Estimates & Forecast by Region/Country, 2019-2027

8.5 Lifting

8.5.1 Lifting: Market Estimates & Forecast by Region/Country, 2019-2027

8.6 Material Handling

8.6.1 Material Handling: Market Estimates & Forecast by Region/Country, 2019-2027

8.7 Others

8.7.1 Others: Market Estimates & Forecast by Region/Country, 2019-2027

9 Europe Heavy Construction Equipment Market, By End User

9.1 Overview

9.2 Oil & Gas

9.2.1 Oil & Gas: Market Estimates & Forecast by Region/Country, 2019-2027

9.3 Construction

9.3.1 Construction: Market Estimates & Forecast by Region/Country, 2019-2027

9.4 Military

9.4.1 Military: Market Estimates & Forecast by Region/Country, 2019-2027

9.5 Mining

9.5.1 Mining: Market Estimates & Forecast by Region/Country, 2019-2027

9.6 Agriculture & Forestry

9.6.1 Agriculture & Forestry: Market Estimates & Forecast by Region/Country, 2019-2027

9.7 Others

9.7.1 Others: Market Estimates & Forecast by Region/Country, 2019-2027

10 Europe Heavy Construction Equipment Market, By Region

10.1 Overview

10.2 North America

10.2.1 US

10.2.2 Canada

10.2.3 Mexico

10.3 Europe

10.3.1 Germany

10.3.2 UK

10.3.3 France

10.3.4 Italy

10.3.5 Rest of Europe

10.4 Asia-Pacific

10.4.1 China

10.4.2 Japan

10.4.3 India

10.4.4 Rest of Asia-Pacific

10.5 Rest of the World

10.5.1 Middle East & Africa

10.5.2 South America

11 Competitive Landscape

11.1 Competitive Overview

11.2 Competitor Dashboard

11.3 Major Growth Strategy

11.4 Competitive Benchmarking

11.5 Market Share Analysis

11.6 The Leading Player in terms of Number of Developments in Europe Heavy Construction Equipment Market

11.7 Key Developments & Growth Strategies

11.7.1 New Product Launch/Service Deployment

11.7.2 Merger & Acquisition

11.7.3 Joint Ventures

12 Company Profiles

12.1 Caterpillar Inc.

12.1.1 Company Overview

12.1.2 Financial Overview

12.1.3 Products Offerings

12.1.4 Key Developments

12.1.5 SWOT Analysis

12.1.6 Key Strategies

12.2 AB Volvo (Volvo Construction Equipment)

12.2.1 Company Overview

12.2.2 Financial Overview

12.2.3 Products Offerings

12.2.4 Key Developments

12.2.5 SWOT Analysis

12.2.6 Key Strategies

12.3 J C Bamford Excavators Ltd (JCB)

12.3.1 Company Overview

12.3.2 Financial Overview

12.3.3 Products Offerings

12.3.4 Key Developments

12.3.5 SWOT Analysis

12.3.6 Key Strategies

12.4 CNH Industrial N.V.

12.4.1 Company Overview

12.4.2 Financial Overview

12.4.3 Products Offerings

12.4.4 Key Developments

12.4.5 SWOT Analysis

12.4.6 Key Strategies

12.5 Terex Corporation

12.5.1 Company Overview

12.5.2 Financial Overview

12.5.3 Products Offerings

12.5.4 Key Developments

12.5.5 SWOT Analysis

12.5.6 Key Strategies

12.6 Liebherr AG

12.6.1 Company Overview

12.6.2 Financial Overview

12.6.3 Products Offerings

12.6.4 Key Developments

12.6.5 SWOT Analysis

12.6.6 Key Strategies

12.7 Komatsu Ltd

12.7.1 Company Overview

12.7.2 Financial Overview

12.7.3 Products Offerings

12.7.4 Key Developments

12.7.5 SWOT Analysis

12.7.6 Key Strategies

12.8 SANY Group

12.8.1 Company Overview

12.8.2 Financial Overview

12.8.3 Products Offerings

12.8.4 Key Developments

12.8.5 SWOT Analysis

12.8.6 Key Strategies

12.9 Hitachi Construction Machinery Co., Ltd

12.9.1 Company Overview

12.9.2 Financial Overview

12.9.3 Products Offerings

12.9.4 Key Developments

12.9.5 SWOT Analysis

12.9.6 Key Strategies

12.10 Doosan Infracore

12.10.1 Company Overview

12.10.2 Financial Overview

12.10.3 Products Offerings

12.10.4 Key Developments

12.10.5 SWOT Analysis

12.10.6 Key Strategies

13 Appendix

13.1 References

13.2 Related Reports

13.3 List of Abbreviation

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List of Tables

TABLE 1 EUROPE HEAVY CONSTRUCTION EQUIPMENT MARKET BY TYPE

TABLE 2 EUROPE HEAVY CONSTRUCTION EQUIPMENT MARKET BY APPLICATION

TABLE 3 EUROPE HEAVY CONSTRUCTION EQUIPMENT MARKET BY END USER

TABLE 4 EUROPE HEAVY CONSTRUCTION EQUIPMENT MARKET BY COUNTRY

TABLE 5 GERMANY HEAVY CONSTRUCTION EQUIPMENT MARKET BY TYPE

TABLE 6 GERMANY HEAVY CONSTRUCTION EQUIPMENT MARKET BY APPLICATION

TABLE 7 GERMANY HEAVY CONSTRUCTION EQUIPMENT MARKET BY END USER

TABLE 8 FRANCE HEAVY CONSTRUCTION EQUIPMENT MARKET BY TYPE

TABLE 9 FRANCE HEAVY CONSTRUCTION EQUIPMENT MARKET BY APPLICATION

TABLE 10 FRANCE HEAVY CONSTRUCTION EQUIPMENT MARKET BY END USER

TABLE 11 UK HEAVY CONSTRUCTION EQUIPMENT MARKET BY TYPE

TABLE 12 UK HEAVY CONSTRUCTION EQUIPMENT MARKET BY APPLICATION

TABLE 13 UK HEAVY CONSTRUCTION EQUIPMENT MARKET BY END USER

TABLE 14 ITALY HEAVY CONSTRUCTION EQUIPMENT MARKET BY TYPE

TABLE 15 ITALY HEAVY CONSTRUCTION EQUIPMENT MARKET BY APPLICATION

TABLE 16 ITALY HEAVY CONSTRUCTION EQUIPMENT MARKET BY END USER

TABLE 17 REST OF EUROPE HEAVY CONSTRUCTION EQUIPMENT MARKET BY TYPE

TABLE 18 REST OF EUROPE HEAVY CONSTRUCTION EQUIPMENT MARKET BY APPLICATION

TABLE 19 REST OF EUROPE HEAVY CONSTRUCTION EQUIPMENT MARKET BY END USER

TABLE 20 NEW TYPE DEVELOPMENT: - KEY DEVELOPMENT ANALYSIS, 2015 TO 2019

TABLE 21 MAJOR ACQUISITION & EXPANSION: - KEY DEVELOPMENT ANALYSIS, 2015 TO 2019

List of Figures

FIGURE 1 EUROPE HEAVY CONSTRUCTION EQUIPMENT MARKET: MARKET STRUCTURE

FIGURE 2 RESEARCH PROCESS OF MRFR

FIGURE 3 TOP DOWN & BOTTOM UP APPROACH

FIGURE 4 DROC ANALYSIS OF EUROPE HEAVY CONSTRUCTION EQUIPMENT MARKET

FIGURE 5 DRIVERS IMPACT ANALYSIS: HEAVY CONSTRUCTION EQUIPMENT MARKET

FIGURE 6 RESTRAINTS IMPACT ANALYSIS: HEAVY CONSTRUCTION EQUIPMENT MARKET

FIGURE 7 SUPPLY CHAIN: HEAVY CONSTRUCTION EQUIPMENT MARKET

FIGURE 8 PORTER'S FIVE FORCES ANALYSIS OF THE EUROPE HEAVY CONSTRUCTION EQUIPMENT MARKET

FIGURE 9 EUROPE HEAVY CONSTRUCTION EQUIPMENT MARKET, BY TYPE, 2018 (% SHARE)

FIGURE 10 EUROPE HEAVY CONSTRUCTION EQUIPMENT MARKET BY APPLICATION, 2018 (% SHARE)

FIGURE 11 EUROPE HEAVY CONSTRUCTION EQUIPMENT MARKET BY END USER, 2018 (% SHARE)

FIGURE 12 EUROPE HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2018 (% SHARE)

FIGURE 13 BENCHMARKING OF MAJOR COMPETITORS

FIGURE 14 MAJOR MANUFACTURER MARKET SHARE ANALYSIS, 2018 (% SHARE)

Europe Heavy Construction Equipment Market

Europe heavy construction equipment market has been expected to rise at a CAGR of 6.78%, with a value of USD 201.56 billion over the estimated forecast year of 2020-2030

Segmentation

By Types Earthmoving Equipment Material Handling Equipment Heavy Construction Vehicles Others
By Applications Mining & Excavation Earthmoving Transportation Lifting Material Handling Others
By end-users Oil & Gas Industry Construction Industry Military Mining Agriculture & Forestry Others

Key Players

  • Caterpillar Inc.
  • AB Volvo (Volvo Construction Equipment)
  • J C Bamford Excavators Ltd (JCB)
  • CNH Industrial N.V.
  • Terex Corporation
  • Liebherr AG
  • Komatsu Ltd
  • SANY Group
  • Hitachi Construction Machinery Co. Ltd
  • Doosan Infracore

Drivers

  • Huge investment from Asia-Pacific and North America has created a ladder of opportunity
  • Non- residential sector will be forecasted as the fastest growing sector
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In addition, the global Europe heavy construction equipment market has been expected to rise at a CAGR of 6.78%, with a value of USD 201.56 billion over the estimated forecast year of 2020-2030.


Europe Heavy Construction Equipment Market Overview:


The construction equipment is designed for executing the construction works. It is used for dozing, grading, hauling, compacting and leveling, placing materials, transferring heavy loads and excavating and digging the ground. It comprises the ditchers, bulldozers, pumps, graders, tractors, excavators, cranes, derricks, loaders and backbones. It also includes the pavers, scrapers, generators, pile drivers, concrete mixers, off-highway hauliers, trucks, and compactors and rollers. Due to the rising environmental concerns and the increasing need to promote energy conservation, several players are focusing on developing the fuel consumption for the construction equipment.


The significant growth of the construction of the housing projects and other commercial infrastructure on account of the rapid urbanization and the increasing global population represents one of the key factors influencing the market growth. However, the rising of automation in the construction processes due to the scarcity of skilled labor and the increasing emphasis on minimizing the overall cost and the time for the project completion contributes to the market's growth.


Industrial News


The large construction projects worldwide are expected to drive the crane and the construction machinery market shortly. Europe is planning on various construction projects; Germany, France, and Italy witnessed the highest growth rates due to the region's construction projects.


The projects include the port extension, an underwater tunnel connecting the major European regions, and the railway tunnels, including the use of the many types of cranes that drive the entire growth of the market sectors.



  • In March 2021, Rothmund GmbH Kran und Montage purchased its second LTM 1230-5.1 from Liebherr after buying the first six months ago. In the same month, Schussmann Kranservice GmbH also received the new LTM 1230-5.1.


European market growth is mainly depending upon the countries such as Italy, Germany, U.K, Spain and France and others.


The European market is facing an economic slowdown in the recent years due to the unusual demand. Due to the market uncertainty and sovereign debt crisis the Western European countries are facing the restraints in the growth activities but Scandinavian countries such as Denmark, Norway and Sweden are likely to be safe from this crises and uncertainty. The heavy construction equipment market is expecting ainadequate growth rate forecast in both commercial and residential spending by 2030. Also there are many planned constructions site are planning on postponing their plan due to the crises.


The spending on construction are likely to be stable and stagnant in in Western Europe with a very little growth expectations. Germany is considered to be a fasting growing region in Europe followed by Spain, Ireland, U.K, France and others. These regions will experience a decline growth rate till 2027.


In the coming years, the Eastern Europe countries such as Poland, Russia and others will be expecting positive waves of huge spending on constructions. Non- residential sector will be forecasted as the fastest growing sector.


Huge investment from Asia-Pacific and North America has created a ladder of opportunity for the European market to grown in the coming years.


Furthermore, the report offers broad analysis of industry overview of Heavy Construction Equipment which includes types, application analysis, end users, supply chain management and key regulations in various regions along with the heavy construction equipment distributor analysis.


Nextly, the report covers geographical analysis of Western Europe and Eastern Europe. Furthermore, the report has been bifurcated on the basis of by types (earthmoving equipment, material handling equipment, heavy construction vehicles, others (cranes, excavator, dozer)), by application (mining & excavation, earthmoving, transportation, lifting, material handling, others), by end users (oil & gas industry, construction industry, military, mining, agriculture & forestry and others).


The heavy construction equipment market analysis research report provides detail analysis of market in terms of value market. The report also provides the future outlook of the market till 2021. Moreover, the global as well as market share of various players based on methods is also analyzed in the report. Lastly, the report provides company profiles of major players in the market.Finally, the report provides trends, drivers and restraints along with the conclusion.


Europe Heavy Construction Equipment Market Scope


This market research report covers the Europe: heavy construction equipment analysis market by types, application, end users and region.


Europe Heavy Construction Equipment Market



  • By Volume

  • By Value 


Europe Heavy Construction Equipment Market, by Types



  • Earthmoving Equipment

  • Material Handling Equipmen

  • tHeavy Construction Vehicles

  • Others (Cranes, Excavator, Dozer)


Europe Heavy Construction Equipment Market, by Applications



  • Mining & Excavation

  • Earthmoving

  • Transportation

  • LiftingMaterial

  • Handling

  • Others


Europe Heavy Construction Equipment Market, by End Users



  • Oil & Gas Industry

  • Construction Industry

  • Military

  • Mining

  • Agriculture

  • Forestry and Others


Europe Heavy Construction Equipment Market, by Regions



  • Western Europe

    • U.K

    • Spain

    • Italy

    • France

    • Germany

    • Rest of Western Europe



  • Eastern Europe

    • Poland

    • Russia




Research Methodology


To calculate Heavy Construction Equipment market size, we have considered revenue of top players in the market and to offer accuracy, our research is supported by industry experts who offer insight on industry structure and technology assessment, competitive landscape, penetration, emerging products and trends. Their analysis is based (80 to 85%)on primary &(15 to 20%) on secondary researchas well as years of professional expertise in their respective industries. In addition to analyze current and historical trends, ouranalysts predict where the market is headed over the next five to ten years.  It varies by segment for these categories geographically presented in the list of market tables. Top-down and bottom-up are important strategies of processing the information and knowledge ordering, used in a variety of fields including humanistic, software and scientific theories and management and organization. Inpractice, they can be seen as a style of thinking, teaching, or leadership.


Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.



Report Scope:

Report Attribute/Metric Details
  Market Size   2030: 201.56 billion
  CAGR   6.78% (2020-2030)
  Base Year   2021
  Forecast Period   2020-2030
  Historical Data   2019 & 2020
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Types, Applications, End-Users
  Geographies Covered   Europe
  Key Vendors   Caterpillar Inc., AB Volvo (Volvo Construction Equipment), J C Bamford Excavators Ltd (JCB), CNH Industrial N.V., Terex Corporation, Liebherr AG, Komatsu Ltd, SANY Group, Hitachi Construction Machinery Co., Ltd, Doosan Infracore
  Key Market Opportunities   Huge investment from Asia-Pacific and North America has created a ladder of opportunity
  Key Market Drivers   Non- residential sector will be forecasted as the fastest growing sector


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Frequently Asked Questions (FAQ) :

The Europe heavy construction equipment market is expected to record a substantial market valuation of 201.56 billion by 2030.

The Europe heavy construction equipment market is projected to register a moderate 6.78% CAGR in the forecast period.

The material handling equipment segment is slated to expand as the fastest-growing segment.

A few major market players operating in the Europe heavy construction equipment market are Caterpillar Inc., AB Volvo (Volvo Construction Equipment), J C Bamford Excavators Ltd (JCB), CNH Industrial N.V., among others.