Italy leads the European production of lifting and handling equipment at 115.77 million kilograms, with significant growth of 22.96% in 2023. Germany follows with 39.069 million kilograms, showing a modest increase of 1.13% year-on-year. Poland and the United Kingdom also experience growth with 5.81% and 3.66%, respectively. Austria exhibits a positive trend with a 4.85% increase. Conversely, Sweden, Estonia, and Hungary reported declines, notably Hungary at -4.81%. France had a remarkable surge in production by 19.16%. Spain and Finland maintain steady growth, while the Netherlands, Denmark, and Lithuania show negligible changes.
Future trends to watch include technological advancements in automation and intelligent systems which are expected to drive a demand surge. Additionally, environmental regulations may guide sustainable production methodologies. Eastern European countries could see increased investment, altering production dominance within Europe.
Top countries in Sold Production of Lifting and Handling Equipment by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 115,770,000 | 2023 | +16.76% | +22.96% | View data |
| 2 | 2 Germany | 39,069,000 | 2023 | +3.62% | +1.13% | View data |
| 3 | 3 Poland | 36,927,000 | 2023 | +5.38% | +5.81% | View data |
| 4 | 4 United Kingdom | 29,572,000 | 2023 | +3.23% | +3.66% | View data |
| 5 | 5 Austria | 22,943,000 | 2023 | +1.48% | +4.85% | View data |
| 6 | 6 Netherlands | 17,369,000 | 2023 | +1.19% | +0.089% | View data |
| 7 | 7 Sweden | 17,004,000 | 2023 | +5.97% | -0.77% | View data |
| 8 | 8 Estonia | 8,566,800 | 2023 | +7.56% | -2.79% | View data |
| 9 | 9 Hungary | 8,507,700 | 2023 | -5.25% | -4.81% | View data |
| 10 | 10 France | 3,996,800 | 2023 | -6.03% | +19.16% | View data |
