The Europe Construction Equipment Market report segments the industry into By Machinery Type (Cranes, Telescopic Handling, Excavators, Loaders and Backhoe, Motor Graders, Other Machinery Types), By Drive Type (IC Engine, Electric and Hybrid), and By Country (Germany, United Kingdom, France, Russia, Spain, Rest of Europe). Get five years of historical data alongside five-year market forecasts.

The prices of machinery for mining, quarrying, and construction in the European Union increased slightly in 2024. That came after rapid growth in the cost of manufacturing that type of equipment in 2022 and 2023. In 2022, the producer price of those products grew by 10.4 percent. In 2024, the prices increased by 1.4 percent.

Europe Construction Equipment Market is projected to reach USD 72.14 billion by 2032, growing at a CAGR of 4.73% from 2024-2032.

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Europe Construction Equipment Market Size 2025-2029

The construction equipment market size in Europe is forecast to increase by USD 6.91 billion at a CAGR of 3.9% between 2024 and 2029.

The European construction equipment market is experiencing significant growth, driven by increasing government infrastructure investments and the rising demand for electric construction equipment. These trends are shaping the industry landscape, with electric equipment gaining traction due to its environmental benefits and cost savings over time. The construction equipment landscape is further shaped by the ongoing development of green city projects and the integration of steel and real estate investments. However, the high cost associated with purchasing and maintaining construction equipment remains a challenge for market participants.


As governments continue to invest in infrastructure projects and the push for sustainability intensifies, the European construction equipment market is poised for continued growth. Companies in this sector must navigate these trends and address cost concerns to remain competitive and capture market share. Urban expansion, including high-rise apartments, is driving the use of concrete mixer, motor grader, and loaders and backhoe combinations for efficient site preparation.

What will be the Size of the Market During the Forecast Period?

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The European construction equipment market encompasses various sectors, including IoT-enabled light-duty vehicles, telescopic handling solutions, and OEMs specializing in construction machinery and non-road mobile machinery. This dynamic industry embraces advanced technologies such as automation, AI-driven analytics, virtual reality, and augmented reality. Major players in this domain include Mack Trucks, focusing on IC engine technologies, and those developing AI-based twin technology for earthmoving machinery like excavators and loaders. The housing sector and infrastructure projects fuel market growth, with emission norms driving the adoption of diesel particulate filters and engine technologies. Inland waterway vessels and railroad engines also contribute to the market's diversity, while the transportation sector's increasing focus on green city projects further propels innovation.


Trends include the integration of telemetry data and real-time analytics, enabling predictive maintenance and optimization of telescopic handling and crane performance. Moreover, the market witnesses the emergence of autonomous machinery and AI-driven analytics in earthmoving machinery, excavators, and loaders and backhoes. The future of construction equipment lies in the seamless integration of technology and sustainability, ensuring efficient, cost-effective, and eco-friendly solutions for the industry.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Commercial
  Residential
  Infrastructure


Product

  Earthmoving equipment
  Material handling equipment
  Concrete equipment
  Road construction equipment
  Others


Fuel Type

  Diesel
  Gasoline
  Others


Engine Capacity

  Up to 250 HP
  250 to 500 HP
  More than 500 HP


Geography

  Europe

    France
    Germany
    Italy
    UK

By Application Insights

The commercial segment is estimated to witness significant growth during the forecast period. The European construction industry has witnessed substantial growth, leading to a heightened demand for construction equipment. This trend is driven by various factors, including urbanization, infrastructure development, and increased construction activity. Consequently, the market for construction machinery, including Truck Mounted Cranes, Compact electric excavators, and Earth moving equipment, has experienced significant growth. For instance, the construction of the Nord Stream 2 pipelines in Germany necessitated the use of specialized equipment such as cranes, excavators, and concrete pumps. Furthermore, the housing sector's recovery and the development of Green City Projects have fueled the demand for Construction machinery, Motor Graders, Concrete Mixers, and other equipment.

The European construction equipment market is experiencing significant growth, driven by increasing government infrastructure investments and the rising demand for electric construction equipment. Digitalization and automation have also influenced the market, with AI-driven analytics, IoT, and virtual reality technologies being integrated into various equipment types. The European construction industry's sustainability goals have led to the adoption of IC Engines, Diesel particulate filters, and other emission cont

******* was the country in Europe with the highest share of construction equipment sales from 2017 to 2024. Throughout that period, the United Kingdom and France were the following European countries with the highest market share. Overall, the market share of most countries included in the list have remained stable.

Europe Construction Equipment Market size will be USD 45375.36 million in 2024 and will expand at a compound annual growth rate (CAGR) of 3.5% from 2024 to 2031.

The Western Europe construction equipment market size by volume was valued at 388,607 units in 2023 and is expected to reach 458,638 units by 2029, growing at a CAGR of 2.80%.

The Europe Used Construction Machinery Market is segmented by Machinery Type (Crane, Telescopic Handlers, Excavator, Loader & Backhoe, Motor Grader), Drive Type (IC Engines and Hybrid), and by Country (Germany, United Kingdom, Italy, France and Rest of Europe). The Market Size and Forecast of Europe Used Construction Machinery Market in value (USD billion) for the above-mentioned segments.

The European construction equipment market, valued at €50.92 billion in 2025, is projected to experience robust growth, driven by a Compound Annual Growth Rate (CAGR) of 6.96% from 2025 to 2033. This expansion is fueled by several key factors. Significant infrastructure development projects across the region, particularly in Germany, the UK, and France, are stimulating demand for machinery like cranes, excavators, and loaders. Furthermore, the increasing adoption of electric and hybrid construction equipment reflects a growing focus on sustainability and reduced carbon emissions, shaping market trends. Government initiatives promoting green technologies and stricter emission regulations are further accelerating this shift. While rising raw material costs and potential supply chain disruptions pose challenges, the overall market outlook remains positive, driven by a consistent pipeline of construction projects and a push towards modernization. The segment breakdown reveals that IC engine-powered machinery currently dominates, but the electric and hybrid segment is exhibiting the fastest growth, representing a significant opportunity for manufacturers. Germany, the UK, and France remain the largest national markets, reflecting their robust construction sectors and substantial investment in infrastructure. The competitive landscape is highly concentrated, with major players like Manitou Group, JCB Limited, Deere & Company, and Caterpillar Inc. vying for market share. These established companies are investing heavily in research and development, focusing on innovative technologies and enhanced equipment efficiency to maintain their competitive edge. Smaller, specialized manufacturers are also contributing significantly, particularly in niche segments like telescopic handlers and specific types of excavators. The ongoing expansion of the European Union’s infrastructure projects, along with private sector investments in residential and commercial construction, will continue to provide a strong foundation for market growth. However, successful players will need to adapt to the evolving technological landscape, address sustainability concerns, and effectively navigate potential economic fluctuations. Key drivers for this market are: Growing Investments in Infrastructure Deployment. Potential restraints include: Rapid Expansion of Construction Equipment Rental Services Across the Region. Notable trends are: The Electric Drive Type is Expected to Drive the Growth of the Market.

Construction equipment sales in Europe increased continuously and reached a peak in 2019. After the coronavirus (COVID-19) pandemic hit, the industry experienced a sharp decline in 2020. It is forecasted that sales figures in this market will surpass its 2019 level by 2022.

The European construction equipment market was estimated at over 21.4 billion U.S. dollars in 2021. The market is expected to grow by a compound annual growth rate of about two percent between 2022 and 2027, reaching the size of some 24.5 billion U.S. dollars in 2027.

In the Europe Construction Equipment Market, the construction equipment market in Europe has been experiencing significant developments in recent years.

The Europe electric construction equipment market is experiencing rapid expansion with 3.72 thousand units in 2024 projected to reach 14.97 thousand units by 2030, reflecting a CAGR of 26.09%.

The European construction equipment market was valued at USD 50.92 million in 2025 and is projected to grow at a CAGR of 6.96% over the forecast period (2025-2033). The growth of the market can be attributed to factors such as increasing construction activities, rising demand for efficient and advanced machinery, and favorable government policies and regulations. The market is segmented into machinery type and drive type, with key players including Manitou Group, JCB Limited, Deere & Company, Sandvik Group, and Liebherr Group. The construction equipment market in Europe has witnessed significant growth in recent years, driven by the increasing demand for new and advanced construction technologies. The rapid urbanization and industrialization across the region have led to a surge in construction activities, which has fueled the demand for construction equipment. Moreover, the rising focus on sustainable and energy-efficient construction practices has encouraged the adoption of advanced machinery that meets these requirements. Favorable government policies and regulations promoting green construction and infrastructure development have further supported the market's growth. The market is expected to continue expanding over the forecast period with the increasing adoption of technologically advanced equipment and the rising demand for efficient and sustainable construction solutions. Key drivers for this market are: Growing Investments in Infrastructure Deployment. Potential restraints include: Rapid Expansion of Construction Equipment Rental Services Across the Region. Notable trends are: The Electric Drive Type is Expected to Drive the Growth of the Market.

The Europe Construction Machinery Rental Market report segments the industry into Machinery Type (Cranes, Telescopic Handlers, Excavators, Loaders, Motor Graders, Road Construction Equipment, Other Machinery Types), Drive Type (Hydraulic, Hybrid), By Application (Building Construction, Road Construction, Other Applications), and By Country (Germany, United Kingdom, Italy, Spain, France, Rest of Europe).

Europe Construction Machinery Market size is USD 45077.49 Million in 2024 and will expand at a compound annual growth rate (CAGR) of 2.70% from 2024 to 2031.

Europe Construction Equipment Rental Market is poised for a significant growth, with market size projected to surge from USD 40.51 Billion in 2024 to USD 65.42 Billion by 2033, showcasing a robust Compound Annual Growth Rate (CAGR) of 5.47% during the forecast period.

The Europe Construction Equipment Rental market size to cross USD 65.42 Billion by 2033. [https://edison.valuemarketresearch.com/

Discover the Europe Heavy Construction Equipment Market size at USD USD 46 billion in 2023, featuring market share, growth analysis, and industry challenges.

The European used construction machinery market, valued at approximately €15 billion in 2025, is projected to experience steady growth, driven by factors such as increasing infrastructure development projects across the region, a rising preference for cost-effective equipment among smaller construction firms, and a growing focus on sustainable construction practices that extend the lifespan of machinery. The market's 4.20% CAGR from 2025 to 2033 indicates a robust and expanding sector. Key segments driving growth include excavators and loaders, reflecting their versatility across various construction applications. The increasing adoption of electric and hybrid drive types, though currently a smaller segment, showcases a promising trend for future growth, fueled by environmental regulations and the pursuit of reduced operational costs. Germany, the United Kingdom, and France represent the largest national markets within Europe, contributing significantly to the overall market size. The market faces some restraints, including fluctuations in the construction industry's overall economic health and the availability of skilled technicians to maintain and repair used equipment. However, the increasing supply of used machinery from large-scale leasing and rental companies is offsetting these challenges, making used equipment more accessible. Further growth is expected through the development of robust aftermarket support services, ensuring the reliable operation of used machinery and increasing buyer confidence. This will be crucial in meeting the demands of the ever-evolving construction landscape, which increasingly emphasizes efficiency, sustainability, and cost optimization. Technological advancements in the used equipment sector, such as telematics and remote diagnostics, will also play a significant role in shaping future market dynamics. Recent developments include: In April 2022, Ritchie Bros. Auctioneers which is a leading global asset management, auctioneer, and services company announced that it has discontinued the operation of its wholly owned indirect subsidiary, Ritchie Bros. UK Holdings Ltd. The company now operates as an independent firm in the auction of used construction equipment sales in the European market. . Notable trends are: Used Cranes to Drive the Construction Machinery Market Growth.

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Construction Equipment Market Size 2025-2029

The construction equipment market size is forecast to increase by USD 34 million at a CAGR of 4.3% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing number of new equipment launches. Manufacturers continue to innovate, introducing advanced technologies and improved designs to meet the evolving needs of the construction industry. A notable trend shaping the market is the rising adoption of electric construction equipment. Emission laws are pushing the industry towards cleaner solutions, such as hybrid dump trucks and autonomous machinery. Sustainability concerns and the need for reduced emissions are pushing contractors towards greener alternatives. However, challenges persist, including the high initial cost and maintenance requirements of construction equipment. These expenses can limit the adoption of new technologies and equipment among smaller contractors and budget-conscious organizations.
To capitalize on market opportunities, companies must focus on cost-effective solutions and financing options. Additionally, investing in research and development to improve equipment efficiency and reduce maintenance costs will be crucial for long-term success. Navigating these challenges requires a strategic approach, with a focus on innovation, cost optimization, and customer satisfaction. The market is poised for growth, with technological advancements and the integration of renewable energy sources shaping the future of the industry.

What will be the Size of the Construction Equipment Market during the forecast period?

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The market is experiencing significant shifts as sustainable projects gain traction, prioritizing equipment efficiency and reduced emissions. Diesel engines continue to dominate the sector, powering construction machinery for national highway projects and material handling. However, technological integration is driving innovation, with automated equipment, battery technology, and electric construction equipment gaining ground.
Infrastructure projects, including municipal services and road infrastructure, are also adopting sustainable practices, leading to increased demand for advanced construction equipment. Industrial applications of these technologies can increase efficiency, reduce labor costs, and enhance safety. Mining equipment technologies, like fuel-efficient equipment and smart mining solutions, can also contribute to cost savings and environmental sustainability.

How is this Construction Equipment Industry segmented?

The construction equipment industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Product

  Owned equipment
  Rented equipment
  Leased equipment


Application

  Residential
  Infrastructure
  Commercial


Type

  Earthmoving equipment
  Material handling equipment
  Road construction equipment
  Concrete equipment
  Others


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    UK


  APAC

    China
    India
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

By Product Insights

The owned equipment segment is estimated to witness significant growth during the forecast period. The market encompasses a vast array of machinery and vehicles, with the owned equipment segment holding a substantial value. This segment includes excavators, loaders, skid steers, and other construction-specific small machinery, as well as trucks, trailers, and heavy-duty vehicles. Ownership of this equipment is typically achieved through outright purchase or other means, resulting in the equipment being primarily operated, maintained, and integrated into the workflow of the construction company or contractor. Long-term contracts for sustainable construction projects are driving the demand for advanced, energy-efficient machinery, such as electric excavators and backhoes, hydraulic excavators, and hybrid dump trucks.

The loader market is experiencing growth due to the increasing focus on material handling and automation in construction activities. Heavy machinery, including bulldozers and graders, is essential for infrastructure projects, while forklifts are integral to commercial infrastructure and housing projects. Automated equipment, such as autonomous construction machinery and trenchers, is gaining traction in the industry, contributing to increased productivity and efficiency. Ozone emissions and greenhouse gas concerns are leading to the adoption of sustainable projects and the integration of technologica