The European market for Transporter Cranes, Gantry Cranes, and Bridge Cranes showed significant variation in 2023. Denmark led with robust production at 128.87 thousand items, marking a year-on-year increase of 319.67%. Italy and Hungary followed with increases of 14.11% and 4.43%, respectively. Germany also saw a rise of 6.68%. In contrast, Spain experienced a decline of 4.94%, and notable reductions were evident in Estonia and Croatia with declines of 26.77% and 24.21%. While Finland grew by 17.31%, Portugal, Belgium, and Slovakia showed modest growth.
Future trends to watch include:
- The potential for continued robust growth in high-production countries like Denmark, driven by technological advancements.
- The likely increase of demand in emerging economies within Europe, such as Slovakia, as they industrialize further.
- Potential challenges for countries with declining production like Spain that may need to innovate or invest to regain market share.
- Overall market dynamics could be influenced by sustainability trends and digitalization within crane production practices.
Top countries in Sold Production of Transporter Cranes, Gantry Cranes and Bridge Cranes by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 128,870 | 2023 | +31.8% | +319.67% | View data |
| 2 | 2 Italy | 23,820 | 2023 | +34.99% | +14.11% | View data |
| 3 | 3 Hungary | 6,330 | 2023 | +3.1% | +4.43% | View data |
| 4 | 4 Germany | 2,120 | 2023 | +1.78% | +6.68% | View data |
| 5 | 5 Spain | 1,520 | 2023 | +4.35% | -4.94% | View data |
| 6 | 6 Finland | 722 | 2023 | -1.77% | +17.31% | View data |
| 7 | 7 Portugal | 390 | 2023 | +1.83% | +1.61% | View data |
| 8 | 8 Belgium | 346 | 2023 | +2.37% | +0.83% | View data |
| 9 | 9 France | 331 | 2021 | -3.78% | View data | |
| 10 | 10 Slovakia | 266 | 2023 | +4.31% | +10.98% | View data |
