The European sold production of mobile lifting frames on tyres and straddle carriers is predominantly dominated by Germany, which holds the largest share. Italy shows notable growth with a significant 18.29% year-on-year increase in 2023, suggesting a promising expansion. Finland also records a moderate growth rate of 4.33% in the same year. Conversely, Croatia experiences a significant decline of 23.82%. Despite Denmark and Lithuania having minimal contributions to the total share, their growth rates remain stagnant. Over the past five years, Germany's market share slightly decreased, while Italy's presence has steadily increased.
Future trends to watch for in the European market include:
- Germany's ability to maintain its market lead amidst increasing competition.
- The sustainability of Italy's rapid growth pace.
- Potential emerging markets in smaller countries with untapped production capacity.
- Technological advancements driving efficiency and production capabilities across the region.
- Global economic impacts on production and demand within the European market.
Top countries in Sold Production of Mobile Lifting Frames on Tyres and Straddle Carriers Share by Country (Euros)
| # | 6 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 54.21 | 2023 | +7.39% | -3.93% | View data |
| 2 | 2 Italy | 38.55 | 2023 | +2% | +18.29% | View data |
| 3 | 3 Finland | 3.54 | 2023 | -26.85% | +4.33% | View data |
| 4 | 4 Croatia | 0.17 | 2023 | -2.88% | -23.82% | View data |
| 5 | 5 Denmark | 0.011 | 2023 | +3.14% | View data | |
| 6 | 6 Lithuania | 0.001 | 2023 | +5.92% | View data |
