In 2023, European sold production of tower cranes and portal or pedestal jib cranes was predominantly led by Germany, capturing a 48.14% share, followed by Italy at 26.92%, and Spain at 18.24%. Portugal and the United Kingdom followed with shares of 7.92% and 5.23% respectively. Denmark and Estonia experienced significant year-on-year growth of 26.09% and 41.63% respectively in 2023, while Croatia faced a contraction of 19.15%. Over the past five years, these countries have shown varied growth patterns, with certain smaller markets like Estonia capturing increasing attention.
Looking ahead, future trends to watch in European crane production include potential technological advancements in crane design, increased demand for infrastructure across various countries, and the impact of sustainability and digitalization in construction equipment. Countries with smaller shares could see accelerated growth based on advancements and market dynamics in the broader European construction sector.
Top countries in Sold Production of Tower Cranes and Portal or Pedestal Jib Cranes Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 48.14 | 2023 | +4.2% | +1.76% | View data |
| 2 | 2 Italy | 26.92 | 2023 | +7.52% | +1% | View data |
| 3 | 3 Spain | 18.24 | 2023 | +12% | +1.84% | View data |
| 4 | 4 Portugal | 7.92 | 2023 | +7.46% | +3.48% | View data |
| 5 | 5 United Kingdom | 5.23 | 2023 | +1.24% | +0.84% | View data |
| 6 | 6 Denmark | 1.12 | 2023 | +8.04% | +26.09% | View data |
| 7 | 7 Czechia | 0.97 | 2023 | |||
| 8 | 8 Estonia | 0.12 | 2023 | +10.38% | +41.63% | View data |
| 9 | 9 Slovenia | 0.049 | 2023 | +6.81% | +0.95% | View data |
| 10 | 10 Croatia | 0.002 | 2023 | -58.26% | -19.15% | View data |
