Recent data on European sold production of installation of lifting and handling equipment shows France leading the market with 481.06 million Euros, followed by Germany at 242.36 million Euros. Italy and Spain are noteworthy contenders with values close to 237.73 and 235.98 million Euros, respectively. The UK rounds out the top five with 184.86 million Euros. Smaller markets like Hungary and Estonia show minimal sales in comparison. Year-on-year variations between 2022 and 2023 indicate significant growth in Spain (9.62%) and Finland (25.61%), while countries like Slovakia, Poland, and Estonia experienced noticeable declines.
Future trends to watch for include improved performance in countries currently experiencing declines, and continuous growth in key markets, especially in technologically advanced nations driving innovation in lifting and handling equipment. Investment in modernization and automation could define the future trajectory, enhancing operational efficiency across Europe.
Top countries in Sold Production of Installation of Lifting and Handling Equipment by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 481,060,000 | 2023 | +2.65% | +0.37% | View data |
| 2 | 2 Germany | 242,360,000 | 2021 | +25.89% | View data | |
| 3 | 3 Italy | 237,730,000 | 2023 | +12.4% | +0.2% | View data |
| 4 | 4 Spain | 235,980,000 | 2023 | +4.02% | +9.62% | View data |
| 5 | 5 United Kingdom | 184,860,000 | 2023 | +0.98% | +1.2% | View data |
| 6 | 6 Belgium | 100,560,000 | 2023 | +6.56% | +1.37% | View data |
| 7 | 7 Austria | 64,897,000 | 2023 | +10.98% | +5.55% | View data |
| 8 | 8 Netherlands | 53,970,000 | 2023 | +3.2% | +3.34% | View data |
| 9 | 9 Slovenia | 51,091,000 | 2023 | +4.51% | +6.94% | View data |
| 10 | 10 Sweden | 49,924,000 | 2023 | +6.84% | +2.86% | View data |
