The European production value for renting and leasing construction and civil engineering machinery shows distinct country-specific trends. In 2024, the UK led with the highest value, followed by Germany and France. Notably, Spain, Luxembourg, and several Eastern European nations exhibited strong year-on-year growth in 2023, with Serbia soaring by over 70%. Meanwhile, Italy, Germany, and Sweden experienced declines. The five-year CAGR indicates a generally upward trend for most countries, with Eastern Europe rapidly expanding.
Future trends to watch include:
- Potential growth in Eastern and Southern Europe as infrastructure investments increase.
- Technological advancements driving leasing demand in Northern and Western Europe.
- Risk factors such as economic downturns affecting market stability in major countries like Germany and Italy.
Top countries in Production Value 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 | 6,990 | 2023 | +1.17% | +1.07% | View data |
| 2 | 2 Germany | 4,350 | 2023 | +4.07% | -2.1% | View data |
| 3 | 3 France | 3,580 | 2023 | +2.38% | -0.85% | View data |
| 4 | 4 Spain | 2,130 | 2023 | +5.46% | +8.56% | View data |
| 5 | 5 Sweden | 1,500 | 2023 | +1.23% | -1.03% | View data |
| 6 | 6 Italy | 1,380 | 2023 | +1.63% | -5.11% | View data |
| 7 | 7 Norway | 1,120 | 2023 | +5.96% | +3.17% | View data |
| 8 | 8 Poland | 1,050 | 2023 | +6.87% | +3.14% | View data |
| 9 | 9 Denmark | 955.7 | 2023 | +3.68% | +2.35% | View data |
| 10 | 10 Finland | 879.8 | 2023 | +4.25% | +4.54% | View data |
