European Sold Production of Lifting and Handling Equipment Share by Country (Units (Items))

In 2024, France leads in European sold production of lifting and handling equipment with a 29.13% share, followed by Spain at 27.54% and Italy at 13.57%. Germany and Denmark hold 9.36% and 7.45%, respectively. Hungary, the United Kingdom, and Norway contribute 6.47%, 4.91%, and 1.72% of the production share. The Netherlands and Sweden hold smaller shares at 1.52% and 1.34%. Belgium has seen growth up to 1.25%, whereas Czechia, Finland, and Austria hold minimal shares averaging below 1%. Other European countries have negligible contributions, typically below 1%, reflecting lower production activities.

Analyzing year-on-year variations from 2023, France saw a substantial 19.28% increase, while Belgium had a remarkable 41.6% spike. Denmark and the Netherlands also showcased notable growths at 18.17% and 11.46%. Contrarily, Norway, Macedonia, Latvia, and Norway, observed significant declines of -22.28%, -21.93%, and -20.22%, respectively. Spain, Italy, and Germany experienced slight downturns, while Hungary and the UK exhibited minor positive trends.

Future trends to watch for include potential growth in France and Denmark as they continue to expand their market shares, the resurgence of Germany and Italy, and whether Spain can maintain its production levels. Belgium’s recent surge indicates potential new investments that could reshape the market dynamics. Monitoring countries with significant declines like Norway and Macedonia might reveal opportunities for strategic interventions or market exits.