European Sold Production of Lifting and Handling Equipment shows Germany leading with €15.674 billion, followed by Italy (€8.8663B), and Spain (€3.2719B). France and the Netherlands trail with €2.501B and €2.3669B. Smaller markets, such as Latvia and Serbia, contribute minimal values. Year-on-year trends for 2023 exhibit growth for most countries, notably Austria (10.65%) and Slovakia (12.67%). Conversely, France and Norway experienced declines (-7.65% and -0.34%). Over the past five years, Hungary, Belgium, and Greece showed steady increments, hinting at consistent demand.
Future trends to watch include potential growth in Eastern Europe due to increasing industrialization and investments, alongside technological advancements in high-demand regions like Germany and Italy. Sustainability and automation are expected to drive innovations across all European markets.
Top countries in Sold Production of Lifting and Handling Equipment by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 15,674,000,000 | 2023 | +6.18% | +0.4% | View data |
| 2 | 2 Italy | 8,866,300,000 | 2023 | +6.56% | +1.16% | View data |
| 3 | 3 Spain | 3,271,900,000 | 2023 | +4.88% | +1.44% | View data |
| 4 | 4 France | 2,501,000,000 | 2023 | +0.31% | -7.65% | View data |
| 5 | 5 Netherlands | 2,366,900,000 | 2023 | +2.36% | +0.97% | View data |
| 6 | 6 United Kingdom | 2,296,100,000 | 2023 | +0.16% | +0.18% | View data |
| 7 | 7 Austria | 2,083,300,000 | 2023 | +6.02% | +10.65% | View data |
| 8 | 8 Sweden | 2,011,400,000 | 2023 | +4.75% | +1.68% | View data |
| 9 | 9 Finland | 1,807,700,000 | 2023 | +3.96% | +1.84% | View data |
| 10 | 10 Poland | 1,123,000,000 | 2023 | +4.42% | +6.41% | View data |
