In 2024, the European Lifting and Handling Equipment Manufacturing market continues to be spearheaded by Germany with the highest market share, followed by France and Italy. The markets in Spain and the United Kingdom also remain significant contributors. Over the past two years, Italy demonstrated the most robust growth among major players, with a year-on-year variation of 5.01% in 2023. Sweden and Denmark showed notable growth of around 4.0%, while Finland and Poland experienced more modest increases.
Looking ahead, watch for:
- Technological advancements driving efficiency improvements and boosting market value.
- Sustainability initiatives influencing production and demand.
- Impact of geopolitical factors and economic conditions on market dynamics within Europe.
Top countries in Lifting and Handling Equipment Manufacturing Market Size Value Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 31.08 | 2023 | +3.89% | +3.17% | View data |
| 2 | 2 France | 17.72 | 2023 | +2.71% | +3.44% | View data |
| 3 | 3 Italy | 17.43 | 2023 | +2.59% | +5.01% | View data |
| 4 | 4 Spain | 10.93 | 2023 | +5.08% | +4.66% | View data |
| 5 | 5 United Kingdom | 9.36 | 2023 | +1.42% | +2.03% | View data |
| 6 | 6 Finland | 4.27 | 2023 | +1.36% | +0.32% | View data |
| 7 | 7 Sweden | 2.92 | 2023 | +2.21% | +4.01% | View data |
| 8 | 8 Denmark | 2.32 | 2023 | +3.03% | +3.97% | View data |
| 9 | 9 Poland | 2.12 | 2023 | +3.02% | +0.26% | View data |
| 10 | 10 Czech Republic | 1.36 | 2023 | +1.45% | +0.91% | View data |
