In 2023, Italy led European production of coal or rock cutters and tunneling machinery with 4.39 thousand items, followed by Finland with 3.44 thousand. Sweden and Germany closely matched, at 2.05 and 2.02 thousand respectively. Significant growth was observed in Hungary (48.72%) and Finland (30.66%), while Romania and Spain faced notable declines of 18.97% and 31.05%. The five-year CAGR indicates steady growth in Italy and Finland, contrasting with declines in Spain and Portugal.
Future trends to watch in this industry include the increasing adoption of sustainable technologies and automation, which may drive innovation and output across major producers. Additionally, the continued demand for infrastructure development in emerging European markets could alter production dynamics favoring nations with robust technological advancements.
Top countries in Sold Production of Coal or Rock Cutters and Tunnelling Machinery by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 4,390 | 2023 | +27.51% | +17.71% | View data |
| 2 | 2 Finland | 3,440 | 2023 | +4.14% | +30.66% | View data |
| 3 | 3 Sweden | 2,050 | 2023 | +3.33% | View data | |
| 4 | 4 Germany | 2,020 | 2023 | +25.24% | +13.94% | View data |
| 5 | 5 Hungary | 1,700 | 2023 | +7.28% | +48.72% | View data |
| 6 | 6 Romania | 1,370 | 2023 | -32.56% | -18.97% | View data |
| 7 | 7 Netherlands | 734 | 2023 | +2.09% | View data | |
| 8 | 8 Estonia | 510 | 2023 | +12.58% | +14.08% | View data |
| 9 | 9 France | 482 | 2023 | +3% | -3.1% | View data |
| 10 | 10 Poland | 206 | 2023 | +3% | +7.28% | View data |
