In 2023, Germany led the European market with 1,080 enterprises in the lifting and handling equipment sector, followed closely by the Czech Republic and Italy. A mix of modest declines and growth characterized the market, with drops in the Czech Republic (-5.35%), Italy (-4.5%), and Sweden (-5.51%). Conversely, Belgium saw a notable increase of 6.63%. Countries like Lithuania showed growth, albeit from a smaller base.
Trends to watch:
- Continued consolidation in larger markets like Germany.
- Potential for growth in smaller, yet expanding markets such as Estonia.
- The impact of automation and technological advancements on enterprise numbers.
- Regulatory changes influencing market dynamics across Europe.
Top countries in Lifting and Handling Equipment Number of Enterprises by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,080 | 2023 | -0.18% | -0.074% | View data |
| 2 | 2 Czech Republic | 1,000 | 2023 | -5.39% | -5.35% | View data |
| 3 | 3 Italy | 915 | 2023 | -5.57% | -4.5% | View data |
| 4 | 4 United Kingdom | 857 | 2023 | -0.23% | -0.32% | View data |
| 5 | 5 Poland | 587 | 2023 | +1.03% | +0.48% | View data |
| 6 | 6 Spain | 383 | 2023 | -0.52% | -1.92% | View data |
| 7 | 7 France | 365 | 2023 | -1.08% | -3.58% | View data |
| 8 | 8 Netherlands | 297 | 2023 | 0% | 0% | View data |
| 9 | 9 Slovakia | 210 | 2023 | +0.96% | +0.096% | View data |
| 10 | 10 Romania | 205 | 2023 | -0.49% | -1.13% | View data |
