In 2023, Italy led the European machinery for mining, quarrying, and construction sector by enterprise count, with a 15.62% share, although it faced significant declines over recent years. Germany maintained stability and holds the second-largest share at 15.02%, with a marginal year-on-year increase. The UK and Poland also secured strong positions despite experiencing slight decreases. Countries like Spain and Sweden showed noticeable declines, while smaller markets such as the Netherlands and Iceland exhibited growth and resilience. France and several Eastern European countries remained stable or saw slight decreases.
Looking ahead, the sector will likely be influenced by technological advancements, sustainable practices, and regulatory developments. Watch for potential growth in Eastern Europe due to emerging markets, along with shifts towards green technologies that might redefine enterprise dynamics in the region.
Top countries in Machinery for Mining, Quarrying and Construction Number of Enterprises Share by Country (Units (Enterprises))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 15.62 | 2023 | -13.19% | -9.25% | View data |
| 2 | 2 Germany | 15.02 | 2023 | -0.57% | +0.17% | View data |
| 3 | 3 United Kingdom | 11.13 | 2023 | -0.77% | -1.05% | View data |
| 4 | 4 Poland | 10.27 | 2023 | 0% | -1.06% | View data |
| 5 | 5 Spain | 7.94 | 2023 | -5.64% | -4.78% | View data |
| 6 | 6 Sweden | 5.31 | 2023 | -1.6% | -0.16% | View data |
| 7 | 7 Czech Republic | 3.67 | 2023 | 0% | -1.96% | View data |
| 8 | 8 Finland | 3.58 | 2023 | -1.19% | -0.71% | View data |
| 9 | 9 France | 3.41 | 2023 | -3.66% | -2.57% | View data |
| 10 | 10 Netherlands | 3.37 | 2023 | +1.3% | +1.33% | View data |
