Pre-order Enquiry
Request Free Sample
Construction Equipment Market in Europe 2018-2022
SKU ID : TNV-14770518 | Publishing Date : 30-Nov-2018 | No. of pages : 121
Request Sample
Request Customization
Check Discounts
About this market
Residential construction contributed most of the construction equipment marker in Europe in 2017. The low interest rates and improving employment levels are considered favorable for the growth of residential construction as it leads to increased demand for housing. Therefore, the rising demand for new housing units un Europe will drive the market growth during our forecast period. The construction equipment market in Europe is projected to grow at a CAGR of nearly 7% during the forecast period.
Improving employment level, low- interest rates, and growing refugee population
The increasing demand for new housing units in Europe will drive the growth of the construction equipment of Europe. Compact construction equipment such as backhoe loader, mini and excavators, medium- sized bull dozers and concrete mixer are the most used construction equipment for residential construction.
Shortage of semi- skilled and skilled workforce
Considering residential and commercial construction activities account for the majority of investment in the construction industry in Europe, any decline can cause significant growth impact in the overall European construction industry and construction equipment market in Europe.
For the detailed list of factors that will drive and challenge the growth of the construction equipment market in Europe during the 2018-2022, view our report.
The construction equipment market in Europe is highly fragmented. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
Residential construction contributed most of the construction equipment marker in Europe in 2017. The low interest rates and improving employment levels are considered favorable for the growth of residential construction as it leads to increased demand for housing. Therefore, the rising demand for new housing units un Europe will drive the market growth during our forecast period. The construction equipment market in Europe is projected to grow at a CAGR of nearly 7% during the forecast period.
Market Overview
Improving employment level, low- interest rates, and growing refugee population
The increasing demand for new housing units in Europe will drive the growth of the construction equipment of Europe. Compact construction equipment such as backhoe loader, mini and excavators, medium- sized bull dozers and concrete mixer are the most used construction equipment for residential construction.
Shortage of semi- skilled and skilled workforce
Considering residential and commercial construction activities account for the majority of investment in the construction industry in Europe, any decline can cause significant growth impact in the overall European construction industry and construction equipment market in Europe.
For the detailed list of factors that will drive and challenge the growth of the construction equipment market in Europe during the 2018-2022, view our report.
Competitive Landscape
The construction equipment market in Europe is highly fragmented. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
