The European lifting and handling equipment sector revealed a dominant position for Germany, representing the largest share in 2023. Italy and France, while significantly lower, maintained noteworthy contributions. Positive growth trends emerged, notably in Poland, Slovakia, Greece, and Lithuania. Conversely, Germany, Spain, and the United Kingdom experienced declines. Year-on-year variations highlighted dynamic shifts across various markets, with some regions witnessing moderate to significant growth, signaling changing industry dynamics.
Future trends indicate potential shifts in production dynamics, with emerging markets playing a more significant role. Technology integration and environmental considerations could redefine production contours and competitive positioning across Europe.
Top countries in Lifting and Handling Equipment Production Value Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 27.7 | 2023 | +4.12% | -1.46% | View data |
| 2 | 2 Italy | 14.8 | 2023 | +1.67% | +0.81% | View data |
| 3 | 3 France | 12.46 | 2023 | +9.82% | +1.32% | View data |
| 4 | 4 Austria | 8.05 | 2023 | +2.98% | +2.44% | View data |
| 5 | 5 Netherlands | 6.45 | 2023 | +2.43% | +2.17% | View data |
| 6 | 6 Spain | 6.21 | 2023 | -0.0095% | -0.49% | View data |
| 7 | 7 United Kingdom | 4.95 | 2023 | +0.075% | -1.08% | View data |
| 8 | 8 Finland | 4.24 | 2023 | -0.052% | -0.12% | View data |
| 9 | 9 Sweden | 4.14 | 2023 | +1.02% | -0.92% | View data |
| 10 | 10 Poland | 2.05 | 2023 | +8.91% | +3.46% | View data |
