The European market for lifting equipment designed for mounting on road vehicles shows significant variances among countries. In 2023, Austria leads with the highest production value at 691.47 million Euros, followed by Italy and Finland. Notable year-on-year growth was observed in Germany with an 11.46% increase, while Italy experienced a decline of 1.76%. Estonia showed remarkable growth of 12.16%, albeit from a smaller base. Over the past five years, varying growth rates indicate fluctuating demand and production capacities across the region.
Looking forward, it's essential to monitor:
- Technological advancements influencing equipment design and efficiency.
- Regulatory changes impacting production and exports in Europe.
- Economic conditions affecting investment in infrastructure and logistics sectors.
Top countries in Sold Production of Lifting Equipment Designed for Mounting on Road Vehicles by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 691,470,000 | 2023 | +8.4% | +1.63% | View data |
| 2 | 2 Italy | 546,210,000 | 2023 | +6.47% | -1.76% | View data |
| 3 | 3 Finland | 232,860,000 | 2023 | +5.21% | +3.71% | View data |
| 4 | 4 Germany | 215,990,000 | 2023 | +4.74% | +11.46% | View data |
| 5 | 5 France | 196,280,000 | 2023 | +9.17% | +5.33% | View data |
| 6 | 6 Denmark | 126,160,000 | 2023 | +5.45% | +2.22% | View data |
| 7 | 7 Netherlands | 123,640,000 | 2023 | +12.89% | +3.27% | View data |
| 8 | 8 Spain | 116,770,000 | 2023 | +6.82% | +1.81% | View data |
| 9 | 9 Belgium | 67,394,000 | 2021 | +17.62% | -4.49% | View data |
| 10 | 10 Estonia | 53,315,000 | 2023 | +10.73% | +12.16% | View data |
