In 2023, the European turnover for renting and leasing of construction and civil engineering machinery was led by the UK with 7.42 billion euros, followed by Germany and France. The sector saw varying trends across countries: notable growth in Spain at 7.94%, and declines in Germany. Lithuania and Serbia experienced substantial growth, while trends in Macedonia and Greece were minimal.
Future trends to watch in the European machinery leasing sector include the potential impact of digitalization and sustainability initiatives. The focus may be on efficient equipment usage, cross-border leasing opportunities, and adapting to technological advancements in construction.
Top countries in Turnover of Renting, Leasing of Construction and Civil Engineering Machinery and Equipment by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 7,420 | 2023 | +1.19% | +1.08% | View data |
| 2 | 2 Germany | 5,230 | 2023 | +4.23% | -0.96% | View data |
| 3 | 3 France | 4,060 | 2023 | -0.45% | -0.061% | View data |
| 4 | 4 Spain | 2,420 | 2023 | +5.02% | +7.94% | View data |
| 5 | 5 Sweden | 1,630 | 2023 | +1.75% | -0.21% | View data |
| 6 | 6 Italy | 1,290 | 2023 | +1.24% | +2.93% | View data |
| 7 | 7 Norway | 1,160 | 2023 | +5.81% | +2.97% | View data |
| 8 | 8 Poland | 1,120 | 2023 | +2.95% | +3.02% | View data |
| 9 | 9 Denmark | 899.8 | 2023 | +3.42% | +2.38% | View data |
| 10 | 10 Finland | 882.4 | 2023 | +4.08% | +3.58% | View data |
