In 2023, Germany held the largest share of enterprises in the European lifting and handling equipment sector, followed by the Czech Republic and Italy. Year-on-year variations indicate a declining trend in the Czech Republic and Italy, while Belgium posted significant growth. Poland, Slovakia, and the Netherlands show stability, while smaller markets like Estonia and Latvia display positive trends.
Future trends to watch include potential market expansion in Eastern European countries given their low yet growing enterprise shares, and the influence of technological advancements in automation and digitalization that could spur enterprise growth in established markets like Germany and Italy.
Top countries in Lifting and Handling Equipment Number of Enterprises Share by Country (Units (Enterprises))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 14.36 | 2023 | -0.18% | -0.074% | View data |
| 2 | 2 Czech Republic | 13.29 | 2023 | -5.39% | -5.35% | View data |
| 3 | 3 Italy | 12.14 | 2023 | -5.57% | -4.5% | View data |
| 4 | 4 United Kingdom | 11.38 | 2023 | -0.23% | -0.32% | View data |
| 5 | 5 Poland | 7.79 | 2023 | +1.03% | +0.48% | View data |
| 6 | 6 Spain | 5.08 | 2023 | -0.52% | -1.92% | View data |
| 7 | 7 France | 4.84 | 2023 | -1.08% | -3.58% | View data |
| 8 | 8 Netherlands | 3.94 | 2023 | 0% | 0% | View data |
| 9 | 9 Slovakia | 2.79 | 2023 | +0.96% | +0.096% | View data |
| 10 | 10 Romania | 2.72 | 2023 | -0.49% | -1.13% | View data |
