The European lifting and handling equipment industry's turnover in 2024 showcases Germany as the dominant market with a value of 23.21 billion euros, followed by France and Italy at 9.77 and 9.4 billion euros, respectively. Austria and Finland are notable contributors as well. In 2023, Austria experienced significant growth, while Sweden and Spain saw declines. The past year's trends reveal steady growth in Poland, Slovakia, and smaller markets like Latvia and Lithuania, whereas other regions faced minor contractions or modest increases.
Looking towards the future, key markets like Germany and France will likely maintain leadership positions. Countries displaying robust recent growth, such as Poland and Slovakia, may continue to expand their shares. Ongoing trends in automation and the implementation of green technologies will shape the industry's trajectory, potentially influencing turnover figures across different nations.
Top countries in Lifting and Handling Equipment Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 23,210 | 2023 | +3.59% | +0.61% | View data |
| 2 | 2 France | 9,770 | 2023 | +8.36% | +1.13% | View data |
| 3 | 3 Italy | 9,400 | 2023 | +1.21% | +0.26% | View data |
| 4 | 4 Austria | 6,870 | 2023 | +6.93% | +6.18% | View data |
| 5 | 5 Finland | 4,570 | 2023 | +2.25% | +2.17% | View data |
| 6 | 6 Netherlands | 4,350 | 2023 | +1.95% | +2.09% | View data |
| 7 | 7 Spain | 4,080 | 2023 | -0.49% | -0.99% | View data |
| 8 | 8 United Kingdom | 3,840 | 2023 | +0.45% | -0.16% | View data |
| 9 | 9 Sweden | 3,310 | 2023 | +0.96% | -2.66% | View data |
| 10 | 10 Poland | 1,450 | 2023 | +9.18% | +3.79% | View data |
