Europe Construction Equipment Market 2024-2030

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    • Regulations Stage V emissions from non-road mobile machinery (NRMM) was published on the Official Journal of the European Union that this amendment to the Stage V Regulation, extended the deadlines due to pandemic for the production and placing on the market of NRMM and tractors fitted with transition engines <56kW and ≥130kW. But the NRMM and tractors fitted with transition engines between 56kW and 130kW are not affected by this extension and retain the applicable 2021 deadlines.
    • The construction sector is a fundamental component of Europe’s economic growth and a major source of employment. It generates about 9% of gross domestic product (GDP) in the EU and provides almost 13 million direct jobs.
    • European Investment Bank (EIB) estimates that economic infrastructure investment needs for energy, transport, water and sanitation, and telecoms are as much as €688 billion per year.
    • New Technologies and Machinery Legislation, the European Commission mentioned its intention to propose an 18-months transition period for the implementation of the new Machinery legislation. There are approximately 800 standards harmonised to the current Machinery Directive.



    Total investment in Europe on construction was about € 1,324 Billion in 2019.


    UK construction outputs in 2019 were 20% lower than pre-crisis levels in 2007. Spain and Italy in particular, but also Ireland and Portugal, dragged down Europe overall. These countries had not fully recovered from the most severe downturns and were then hardest hit by the pandemic.


    This industry relies heavily on use of equipment and vehicles especially in construction sites and mining sites to cut down labour cost and time for the project.


    Brexit will be challenging for Construction equipment manufacturers as EU countries are exporting 41% of construction equipment sold in UK and trade between the UK and EU is more difficult and expensive from January 2021


    europe construction equipment market



    The first of 2020 came up with much better construction data than expected, but COVID-19 hit and led to a strong downturn, with a total construction decline of 9%, which is less than the overall economic decline of 12%. The downturn hit the service sector stronger than any prior crisis. The construction industry was affected by the pandemic twice. Construction sites had to be closed for around one week in Germany and nearly eight weeks in France and the UK.


    In recent history there have never been lockdowns. From August 2020 there is an 11.5% decline in total construction output.

    Spanish construction output fell sharply in 2020, recording a contraction of 18.2% in Q4 2020. The lockdown measures imposed by the government in November and the subsequent weakening in economic conditions severely hampered output in the country’s construction industry in 2020. However, it is expected a strong recovery in 2021.

    For 2021, the forecast amounts to a growth of 4.1%. Until 2023 total construction output in the Europe is likely to reach € 1.73 trillion and to exceed the pre-corona level of 2019 by € 28 billion or 1.7%.


    Europe’s largest construction project, London’s Crossrail is expected to cost over £17.6 billion. The project – “Elizabeth Line” is a 73 mile underground and overground railway line connecting 41 stations across the capital.

    Connecting the French and Italian high-speed rail networks, the 270-kilometre Lyon-Turin High-Speed Railway is one of Europe’s most ambitious infrastructure schemes with a price tag of €25BN. Work has begun in 2019 and is expected to take 10 years to complete.

    Brexit has made trade more expensive and difficult as additional costs and longer lead times are expected. Higher costs may result from tariffs. Because tariffs on construction machines are generally low, the concern relates to tariffs on intermediate products of the supply chains, which are difficult to quantify.


    The EU and the UK committed to zero tariffs on industrial goods but High costs will also originate from the reintroduction of customs formalities, as custom declarations will be needed for every consignment.


    A Memorandum of Understanding extending cooperation between the two continental organizations was signed by the presidents of ICEMA and CECE. The signing was announced at the conclusion of the first virtual CECE-ICEMA Summit of its kind.


    The Memorandum of Understanding outlines the conditions under which CECE and ICEMA will cooperate on a bilateral basis. Understanding reciprocal market developments and enhancing market access and international trade are the main goals of the collaboration.


    Together, CECE and ICEMA promise to work toward greater cooperation in the areas of regulatory convergence, information sharing, and market openness. The markets in Europe and India both present enormous potential for the construction equipment sector.


    The EU and Indian construction equipment industries will advance in key areas of shared interest thanks to joint efforts and dialogues between the two global associations.


    In order to provide customers with digital transformation for earthmoving equipment in the Czech Republic and Slovakia, Komatsu’s Smart Construction digital platform has partnered with Kuhn Bohemia, a division of Komatsu Distributor Kuhn Group.


    In order to assist clients in digitally transforming their businesses, Kuhn Bohemia will now provide services like equipment rental, 3D data creation, jobsite setup, and on-site advisory, supported by Komatsu’s Smart Construction.


    Meanwhile, Komatsu claimed that the knowledge gained would be put to good use, allowing Smart Construction to develop novel solutions to address the needs of its clients.



    Construction equipment market in Europe is segmented as below-


    Europe Construction Equipment Market By Equipment Category

    • Earthmovers
    • Road equipment
    • Concrete equipment
    • Cranes


    Europe Construction Equipment Market By Power Output

    • <100 Hp
    • 101–200 Hp
    • 201–400 Hp
    • >400 Hp


    Europe Construction Equipment Market By Drive Type

    • IC Engine
    • Electric and Hybrid


    Europe Construction Equipment Market By Geographic Landscape

    • Germany
    • France
    • The UK
    • Italy
    • Spain
    • East Europe
    • Rest of Europe




    In Europe, Germany accounted for the largest construction equipment market share in Europe during 2019 and is expected to be the fastest- growing market during the next five years.


    Europe’s construction market has shrunk by 7.8% in 2020 and will not recover fully until 2023, with estimated growth of 4.1% in 2021, 3.4% in 2022 and 2.4% in 2023.


    Europe Construction equipment market is estimated at €40 Billion, growing at XX% CAGR till 2030 along with €26 Billion Exports.







    Vehicle Type  No of Models  Engine Supplier  Engine Capacity  Power 
    Liebherr Wheeled Excavators  5 FPT, Liebherr & Deutz  3.6 – 4.5L  116 – 175HP 
     Crawler Excavators  8 Deutz & Liebherr  3.6 – 16.16L  122 – 571HP 
    Articulated Dump Trucks  1 Liebherr  12L  360HP 
    Wheeled Loaders  8 Yanmar & Liebherr  4.5 – 10.5L  63 – 354HP 





    In Europe, CASE Construction Equipment introduced the new Mini-Excavator D-Series line, which includes 20 models ranging from 1-tonne to 6-tonne, as well as two electric variants.


    Each new D-Series Mini-Excavator is equipped with the latest technology, features, and attachments for all markets and applications, in addition to the range offering a complete line-up of machines that deliver a solution for any customer’s need.


    In addition, the European CASE D-Series Mini-Excavator series is produced in dedicated plants in Italy, using synergies in innovation, technology, expertise, and production.


    Volvo Construction Equipment (Volvo CE) has announced that three new electric-powered compact equipment would be introduced. The new L20 Electric from Volvo CE is a 4.5-ton wheel loader with a 1.8-ton payload and a 1.65-meter track width.


    The L20 Electric has a parallel-type linkage for better vision over the attachment in use, as well as 100% parallel movements for fork applications. The new EC18 and ECR18 electric compact excavators are similar to their diesel counterparts in many ways.


    The same machine constructions, a high level of operator comfort, the same hydraulics systems, and optimised lifting and digging capabilities are just a few of them.


    The next-generation SK550DLC-11 demolition excavator from Kobelco Construction Machinery Europe has been released, with improved engine performance, higher durability, and improved operator comfort over its preceding model.


    The SK550DLC-11 machine has four ultra-long attachment options and can work to a maximum height of 27.5m. The separate boom arrangement is appropriate for dealing with lower floors of tall buildings, and reinforced attachments may be simply replaced on the job site.


    According to a KHL Group report, there are an increasing number of electric construction equipment products on the market, with as many as 140 non-combustion machines introduced and almost half of launches being electric.


    Around 75 of the 860 machines that have been upgraded or added to KHL’s online equipment sourcing guides are brand-new items. 36 of them are powered by electricity. The four online databases created by KHL—Construction Sourcing Guide, D&RI Buyers Guide, Access Buyers Guide, and World Crane Guide—were used for the analysis.


    These include aerial platforms, compaction, cranes, demolition, and earthmoving machinery.


    Many scissor lifts and smaller booms have historically been battery operated, but there have been electric product releases across the board. Aerial platforms make up a sizable share of the new electric items.


    According to an analysis of recent launches, between 5 and 6 percent of new machines (aerial platforms excluded) are believed to be electric. Tracked excavators, wheeled loaders (including small models), and tracked loaders are the earthmoving categories with the highest percentage of electric models, followed by site dumpers and backhoe loaders.


    The transition to electric is also evident in road construction equipment, where more than 20% of new single and tandem rollers were battery-powered. New mobile crushers also tended to be electric to a sixth.


    Crawler and industrial cranes were the goods in the cranes market that were most likely to be electrified.


    Hitachi Construction Machinery (Europe) NV (HCME) has launched its smallest wheeled excavator, the ZX95W-7, in response to the growing demand for versatile equipment that can work in tight spaces. Its Zaxis-7 wheeled excavators, the newcomer to the range, has been designed to help owners and operators control their profitability, comfort, safety, and uptime.


    The ZX95W-7 is reported to be extremely manoeuvrable because to its four-wheel steering and to have a large lifting capacity to produce great levels of productivity. When combined with a tiltrotator and S-type couplers for attachments, versatility is greatly increased.


    In Europe, Hitachi’s Premium Rental programme already has 1437 machines in its dealer-led rental fleet, with a target of 2000 equipment by 2024/25. The rental arrangement is now being used by 35 of the company’s 40 European dealers.


    Hitachi purchases the machines, which are subsequently rented to end customers by Hitachi’s dealers, who maintain and repair them during the rental period.


    The Alexela Group’s Kiviili Keemiatöötus in Estonia has purchased the first Doosan DX1000LC-7 100 tonne crawler excavator in Europe. The new DX1000LC-7 was delivered by INTRAC Group, the Doosan Authorised Dealer for Estonia, Latvia, and Lithuania.


    The new excavator will work alongside the existing Doosan DX800LC-7 80 tonne and DX490LC-7 50 tonne models at KKT’s oil shale mine in North Kivili, Estonia, where the company also operates a number of other brands of 80 tonne excavators.


    At ConExpo, Sany unveiled three new excavators, including its largest model to date. The business gave each of the three new models in the medium to big size classes a nickname: The 37-ton SY335C LC has earned the moniker “Comeback Kid.” It had previously been in the Sany lineup, but its engine had not been improved above the Tier 3 emissions regulations necessary in the United States.


    The new excavator comes with a 280-horsepower Tier 4 Final/European Stage V Cummins diesel engine, as well as all of the other new features introduced by Sany across its excavator portfolio.


    The Volvo EC500, the successor to the Volvo EC480E, is a new 50-ton crawler excavator for the most demanding applications, including building and construction, road construction, utilities, quarrying and aggregates, agricultural and landscaping, and is the ideal partner for the Volvo A25G to A35G carrier. It will be sold in controlled markets like as North America, Europe, and Korea.


    The EZ17e from Wacker Neuson has been a success in Europe and will soon be available in North America. Battery-powered mini excavator EZ17e. This 1.7-ton machine is an excellent zero-emission solution for indoor applications and areas where noise and exhaust are a concern, such as urban construction sites and those that operate around the clock.



    Clean trucks will be used to clean more towns across Europe, thanks to a collaboration between Volvo Trucks and Bucher Municipal to electrify sewer cleaner trucks. Bucher Municipal aims to provide up to 80 fully electric sewer cleaner vehicles to European communities by the end of 2023.


    More zero-emission zones in cities across the world are increasing demand for completely electric trucks. Bucher Municipal, a prominent supplier of municipal vehicles such as street sweepers, winter maintenance equipment, trash vehicles, and sewer cleaning trucks, has collaborated with Volvo Trucks to develop an all-electric sewer cleaner based on the Volvo FL Electric truck to address this need.


    Hitachi Construction Machinery (Hitachi CM) has announced an expansion of its relationship with German dealer Kiesel to develop zero-emissions construction equipment and technology for the European market. Kiesel has been a Hitachi CM European distributor for several years, but he also worked on the creation of three of the four electric machines Hitachi exhibited at the Bauma expo in Munich.


    At the show, Hitachi’s management announced the formation of a new joint venture company, Kenki Technology Group (KTEG), with headquarters in Stockstadt am Rhein, Germany, to focus on products and equipment for the European construction market.



    Connectivity and digitalization: The European market for construction equipment is going through a digital transition. To enable real-time monitoring, remote diagnostics, predictive maintenance, and improved fleet management, equipment manufacturers are incorporating cutting-edge technologies like telematics, GPS tracking, and IoT connectivity.


    Automation and robotics: In Europe, the market for construction equipment is beginning to incorporate automation and robotics. Excavators, bulldozers, and compactors are just a few examples of the autonomous construction machinery now being developed and tested. The ability of these robots to function autonomously on construction sites increases production, efficiency, and safety.


    Electric and hybrid construction equipment are becoming more popular in Europe as a result of stricter emission limits and environmental concerns. Equipment makers are creating electric versions of cranes, loaders, and well as hybrid systems, which lessen pollution and fuel use by combining electric and traditional power sources.


    Modern control systems, such as computer-aided control and guiding systems, are advantageous for construction equipment in Europe.In operations including excavation, grading, and paving, these systems offer accurate and automated control of equipment functions, increasing precision and productivity.


    Construction equipment is incorporating remote operating features that enable employees to operate machinery from a secure distance. This is known as augmented reality.Additionally, augmented reality technology is being used to improve equipment maintenance and operation.Directly on the operator’s field of vision, AR systems offer real-time overlays of information, such as equipment performance information or repair instructions.


    Telematics and Data Analytics: The use of telematics systems in conjunction with cutting-edge data analytics is revealing important information on the operation, use, and upkeep of equipment. Tools for data analytics are being utilized to predict the need for maintenance, optimize machine operation, and boost overall effectiveness.


    Manufacturers are combining modern composites and alloys, which are lightweight and highly-strengthening materials, into the designs of construction equipment. These materials enable the equipment to be lighter while providing increased strength, durability, and fuel efficiency.


    Collision avoidance and safety features: To reduce the danger of accidents, construction equipment is being equipped with collision avoidance and safety features. On construction sites, proximity sensors, cameras, and radar devices help operators see more clearly and identify potential dangers.



    Volvo Construction Equipment (Volvo CE) has introduced its first mid-size EC230 electric excavator in Europe, offering a more environmentally friendly operation with minimal noise and no emissions.


    One of the few larger-sized battery-electric excavators on the market, the EC230 Electric Excavator has already shown success in a range of commercial applications in both Europe and Asia. 


    The 23-ton EC230 Electric Excavator performs equally well as its equivalent traditional diesel machine, but with the added advantages of zero emissions, little noise, little vibration, superior controllability, and cheaper total cost of ownership. Operators claim that it not only produces a digging force comparable to that of its diesel counterpart, the Volvo EC200E, but also does it with an even shorter cycle time and a great deal less noise.

    In addition to being good for those working on the site and the neighbourhood where it operates, reducing hazardous emissions and disturbing noise may also assist the world’s population in reducing its carbon footprint. In fact, the EC230 Electric is so effective that even after accounting for the energy used to create the batteries, overall emissions are still lower than those of the diesel version.


    These advantages have been demonstrated by the machine’s successful use at significant client sites, including the Slakthusomrdet urban development in Sweden, the largest fossil-free construction site in the nation, and the Green Construction Site of the Future project in Denmark, where it was used to build an office block and urban public spaces.

    A quick, high-power charge during lunchtime will allow the machine, which is powered by lithium-ion batteries, to work for the full eight hours. Designed as a general-purpose machine, it can perform a wide range of duties, such as extraction, earthmoving and grading for site preparation in the building segment as well as managing garbage and scrap in the recycling and waste segment.


    The 20-ton L120H Electric Conversion Wheel Loader recently joined the list of Volvo CE excavators in the mid-size range that have been converted to electric power. The manufacturer’s electric compact machines, the ECR25 excavator and L25 wheel loader, which are among the best in their respective industries, have been successfully commercialised.

    The CCS2 connector on the EC230 Electric, a common connector found in the majority of European nations, enables users to charge and use the device virtually anywhere using any charger currently on the market.


    Additionally, it has a charging cable with a 22 kW power output that enables battery charging through a CEE socket. There is also the option of using a mobile power bank designed expressly to fulfil EC230 Electric requirements. With this selection of charging options, Volvo CE gives clients the adaptability they require to complete their tasks – both with the machine itself and with the infrastructure required to keep the machine up and running with the least amount of work.

    Volvo CE’s use of the EC230 Electric will provide valuable insights that will assist the company create the environment they want to live in. In addition to helping the company’s partners and customers achieve their ongoing climate impact reduction goals, it may provide data on things like productivity, affordability, and scalability that will aid in the development of even more electric vehicle types.


    Both the EC230 Electric and the L120H Electric Conversion were developed as a result of an original cooperation strategy that enabled quick market entry. They collaborate with clients to fine-tune the development of the company’s cutting-edge technology in the case of the EC230 Electric.



    The European companies are interested in R&D department, which they regularly develop new products, adopt expansion strategies, and establish collaborations and partnerships to gain traction in the global construction equipment market.


    Xerotech launched a modular battery platform, which could potentially be used across an entire range of electrically-powered construction equipment Combining seven variants of modules with a choice of battery cell chemistry, the Hibernium system can range in power from 15kWh up to 300kWh.


    Volvo CE launched a totally electric machine. It is the 3rd prototype of this type from the manufacturer, after the HX2 mini dumper and the EX2 mini excavator, that shows the interest in this technology. The LX2 compact loader is equipped with a lithium-ion new generation battery.


    JCB Power Systems has launched a new range of EU Stage 5-compliant engines to power OEM equipment. Designed for off-highway applications in both mobile and stationary industrial equipment and generators.


    Oracle has launched a range of solutions for the construction industry, using artificial intelligence (AI) to analyse project data. The suite of solutions is designed to help users detect risks and make more informed project decisions and the first application within the range, Oracle Construction Intelligence Cloud Service.


    Juniper Systems enhances customization for ultra-rugged devices such as GPS and sub-meter DGPS, digital camera, Bluetooth, Wi-Fi and cell modem connectivity, as well as devices with full alphanumeric keyboards, designed for applications in utilities, meter reading, GIS mapping, landscape management, public safety, and several other public services for Construction equipment.


    Caterpillar Mining has partnered with Thorough Tec Simulation in an effort to provide the latest-generation, simulator-based equipment training to its customers. The goals of the partnership are to boost productivity, increase machine availability and create more sustainable mining operations.





    1. How many Construction Equipment are manufactured per annum in Europe? Who are the sub-component suppliers in this region?
    2. Cost breakup of a Europe Construction Equipment and key vendor selection criteria
    3. Where is the Construction Equipment manufactured? What is the average margin per unit?
    4. Market share of Europe Construction Equipment market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Europe Construction Equipment in-house
    6. key predictions for next 5 years in Europe Construction Equipment market
    7. Average B-2-B Europe Construction Equipment market price in all segments
    8. Latest trends in Europe Construction Equipment market, by every market segment
    9. The market size (both volume and value) of the Europe Construction Equipment market in 2024-2030 and every year in between?
    10. Production breakup of Europe Construction Equipment market, by suppliers and their OEM relationship
    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2024-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2024-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
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