In 2023, Germany led the European sold production of tower cranes and portal or pedestal jib cranes, with a value of €604.63 million, followed by Italy (€338.12 million) and Spain (€229.03 million). Portugal and the United Kingdom also contributed moderately, while smaller markets like Denmark, Czechia, Estonia, Slovenia, and Croatia showed lower production values. Key year-on-year variations showed Germany with a growth of 1.76%, Italy 1.0%, and Spain 1.84%. Denmark, Estonia, and Slovenia saw notable increases of 26.09%, 41.63%, and 0.95% respectively, reflecting dynamic growth in smaller markets. Croatia, however, experienced a decline of 19.15%.
Future trends to watch involve technological advancements and increased demand for sustainable construction methods driving the crane industry. The focus will likely be on automation, digitalization, and increasing efficiency, with Germany, Italy, and Spain maintaining major roles. Smaller countries displaying rapid growth rates could strategically impact the market if trends continue positively.
Top countries in Sold Production of Tower Cranes and Portal or Pedestal Jib Cranes by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 604,630,000 | 2023 | +4.2% | +1.76% | View data |
| 2 | 2 Italy | 338,120,000 | 2023 | +7.52% | +1% | View data |
| 3 | 3 Spain | 229,030,000 | 2023 | +12% | +1.84% | View data |
| 4 | 4 Portugal | 99,427,000 | 2023 | +7.46% | +3.48% | View data |
| 5 | 5 United Kingdom | 65,634,000 | 2023 | +1.24% | +0.84% | View data |
| 6 | 6 Denmark | 14,012,000 | 2023 | +8.04% | +26.09% | View data |
| 7 | 7 Czechia | 12,120,000 | 2023 | |||
| 8 | 8 Estonia | 1,476,100 | 2023 | +10.38% | +41.63% | View data |
| 9 | 9 Slovenia | 619,680 | 2023 | +6.81% | +0.95% | View data |
| 10 | 10 Croatia | 26,790 | 2023 | -58.26% | -19.15% | View data |
