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.

During 2021, almost all submarkets of the European market for light and heavy construction equipment experienced a positive development. The light compaction equipment sales experienced a positive change during this period, with a growth rate of ** percent.

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Heavy Construction Equipment Market Size 2025-2029

The heavy construction equipment market size is forecast to increase by USD 49.7 billion at a CAGR of 4.6% between 2024 and 2029.

The market is experiencing significant growth, driven by increased investment in infrastructure projects worldwide. This trend is expected to continue, creating lucrative opportunities for market participants. Fuel alternatives, including diesel engines and hydraulic systems, are essential components of heavy construction machinery. The secondhand machine market is also expanding, providing an affordable alternative for companies seeking to acquire equipment without the high upfront costs of new machinery.
Strategic partnerships, innovation, and operational efficiency are essential for success in the market. However, challenges persist in the form of intense competition, increasing raw material prices, and regulatory compliance, which may impact profitability. Companies must navigate these challenges effectively to capitalize on the market's potential and maintain a competitive edge. Manufacturing processes incorporate advanced engineering and quality control measures, while supply chain efficiency is enhanced through fleet management and raw materials sourcing strategies. Technological advances, including the adoption of battery technology, telematics, and automation, are driving innovation and improving efficiency, safety, and sustainability in the industry.

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

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In the market, product lifecycle management plays a crucial role in ensuring optimal performance and longevity of machinery. Dealers maintain a robust network to provide site preparation services, monitoring systems, parts distribution, and project management solutions. Equipment financing options facilitate the acquisition of new machinery, while used equipment market participation offers cost-effective alternatives. Control valves, hydraulic pumps, and braking system components are essential components undergoing rigorous compliance testing to meet industry standards. Safety systems and operator interface design are increasingly prioritized for worksite logistics and demolition techniques.
Customer service, spare parts supply, and technical support are integral to maintaining a competitive edge. Certification bodies and training programs ensure adherence to safety and standards compliance, while field testing and compliance testing are critical aspects of the product development cycle. The integration of monitoring systems and technical support enhances overall equipment performance and reliability. Another key driver is the growing trend of construction equipment rentals, which offers flexibility and cost savings for businesses.

How is this Heavy Construction Equipment Industry segmented?

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

Type

  Earthmoving equipment
  Material handling equipment
  Heavy construction vehicles
  Others


Application

  Excavation and demolition
  Heavy lifting
  Material handling
  Tunneling
  Others


Propulsion

  ICE
  Electric


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    UK


  APAC

    China
    India
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

By Type Insights

The earthmoving equipment segment is estimated to witness significant growth during the forecast period. The market encompasses machinery utilized for carrying, digging, spreading, or moving earth and materials. Key equipment in this sector includes excavators, loaders, dozers, and motor graders. Operating costs are a significant consideration for businesses in this industry, making aftermarket parts essential for maintaining equipment and maximizing return on investment. Software solutions and IoT sensors enhance machine performance and efficiency, while electric motors and remote control capabilities offer environmental benefits and increased safety. Infrastructure projects, driven by both public and private investment, provide opportunities for growth. Rapid urbanization, particularly in developing countries like China and India, is increasing the demand for heavy construction equipment due to the emergence of megacities.

Safety regulations and rental services ensure accessibility to various businesses. Transmission systems, lifting capacity, GPS guidance, and emission standards are crucial performance metrics. Specialized tools, such as

The global heavy construction equipment market is booming, projected to reach $269.2 billion by 2033, driven by infrastructure development and urbanization. Learn about key market trends, leading companies like Caterpillar and Komatsu, and regional growth projections in this in-depth analysis.

The Europe Construction Equipment Market Report is Segmented by Machinery Type (Cranes, Telescopic Handler, and More), Power Source (Internal-Combustion, Hybrid, and More), End-User Industry (Infrastructure & Construction, Mining & Quarrying, and More), Application (Earthmoving, Lifting & Material Handling, and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD) and Volume (Units).

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Used Construction Machinery Market Size 2023-2027

The used construction machinery market size is forecast to increase by USD 27.33 billion at a CAGR of 5.3% between 2022 and 2027.

The market is experiencing significant growth due to several key factors. One of the primary drivers is the expanding secondhand machine market, as construction companies increasingly turn to cost-effective solutions for acquiring equipment. Another trend influencing market growth is the rising popularity of used construction equipment rentals. This allows businesses to access high-quality machinery without the substantial upfront costs of purchasing new equipment. However, stringent regulations regarding the safety and maintenance of used machinery pose challenges for market growth. Adhering to these regulations can be costly, and failure to do so can result in penalties and reputational damage. Despite these challenges, the market is expected to continue expanding, driven by the cost savings and operational flexibility offered by used equipment.

What will be the Size of the Used Construction Machinery Market During the Forecast Period?

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The market in the United States is experiencing significant growth, driven by increased construction activities in the residential and commercial sectors, as well as infrastructure projects in the civil engineering sector. Urbanization and technological innovation are key factors fueling this demand, with online platforms providing easy access to a wide range of used heavy machinery, including excavators, loaders, cranes, motor graders, and more. Contractors in the real estate industry and OEMs are turning to these platforms to source cost-effective solutions for their projects. Europe's construction industry, particularly in the infrastructure sector, is also contributing to the market's growth, with projects such as railway tunnels, port extensions, and underwater tunnels requiring large quantities of used machinery.
The Olympic Games and other major events are further driving demand for cranes and other heavy machinery services from providers like Atlas Crane Service. Overall, the market is expected to continue its robust growth trajectory in the coming years.

How is this Used Construction Machinery Industry segmented and which is the largest segment?

The used construction machinery industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2023-2027, as well as historical data from 2017-2021 for the following segments.

Product

  Crane
  Excavator
  Material handling equipment
  Others


Application

  Commercial
  Residential
  Infrastructure


Geography

  APAC

    China
    India
    Japan


  North America

    US


  Europe

    Germany


  South America



  Middle East and Africa

By Product Insights

The Crane segment is estimated to witness significant growth during the forecast period.

The market, specifically the crane segment, is experiencing consistent growth due to the increasing demand for cranes in construction and industrial applications. Cranes are essential for the construction of industrial plants in the chemical, energy, and power distribution sectors. In the construction industry, the increasing trend of building high-rise residential and commercial structures is driving the demand for used cranes. The Asia Pacific region and Nordic countries, such as Sweden and Finland, are expected to significantly contribute to the growth of the segment during the forecast period. The use of telematics in construction machinery is also gaining popularity, providing real-time data and improving efficiency and productivity.

Earthmoving equipment and loaders are other key components of the market, with their demand primarily driven by the residential and commercial construction sectors.

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The Crane segment accounted for USD 43.42 billion in 2017 and showed a gradual increase during the forecast period.

Regional Insights

APAC is estimated to contribute 56% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The market in APAC is experiencing steady growth due to increasing construction activities in emerging economies such as India and China. The demand for used machinery is being driven by the need to provide residential and commercial spaces for expanding urban populations and infrastructure projects. In India, for instance, the Odisha Economic Corridor Project received a USD8.58 billion investment in 2020, leading to the development of indust

This statistic gives the market size of the construction equipment and heavy equipment in Europe between 2018 and 2026. In 2026, the European construction equipment and heavy equipment market is expected to exceed ** billion U.S. dollars.

******* 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 was valued at USD 52.25 Billion in 2024 and is projected to reach USD 74.30 Billion by 2032, growing at a CAGR of 4.5% from 2026 to 2032.

Europe Construction Equipment Market Drivers

Rising Construction Activities: Increased investment in residential, commercial, and infrastructure projects, including port expansions, railways, and green energy initiatives (like green hydrogen and waste-to-energy projects), fuels demand for construction equipment. Urbanization and Population Growth: Rapid urbanization and increasing populations drive the need for housing and infrastructure development, boosting equipment demand. Government Support and Investments: Various government initiatives and substantial investments in infrastructure projects across European countries stimulate market growth. Examples include the UK's 'National Infrastructure and Construction Pipeline' and Germany's 'National Hydrogen Strategy'. Technological Advancements and Digitalization: The integration of digital technologies enhances efficiency, safety, and adaptability in construction equipment, making them more attractive to end-users. Electrification and Automation: A growing focus on electric and autonomous construction equipment, driven by stricter emission regulations and the need for cost-effective solutions due to labor shortages, is a significant driver.

The European used construction machinery market, valued at approximately €[Estimate based on market size XX and value unit Million. A reasonable estimate considering the CAGR and market size could be €15 Billion in 2025] in 2025, is projected to experience steady growth with a Compound Annual Growth Rate (CAGR) of 4.20% from 2025 to 2033. This growth is driven by several factors. Firstly, the increasing demand for infrastructure development and renovation projects across major European economies like the UK, Germany, and France fuels the need for cost-effective machinery solutions. Used equipment offers a significantly lower price point compared to new machinery, making it an attractive option for smaller construction companies and contractors with tighter budgets. Secondly, the rising focus on sustainability and reducing carbon footprints within the construction sector is also positively influencing the market. While new electric machinery is gaining traction, the used market offers a more accessible entry point for companies looking to transition to more environmentally friendly equipment. Finally, technological advancements in used machinery refurbishment and maintenance are extending the lifespan and operational efficiency of older models, further boosting market demand. However, the market faces certain restraints. Fluctuations in the price of raw materials and the overall economic climate can impact investment in construction projects, potentially slowing down the demand for used equipment. Additionally, concerns about the reliability and maintenance costs associated with older machinery might deter some buyers, favoring new, technologically advanced equipment with warranties. The market segmentation reveals significant demand for used cranes, telescopic handlers, excavators, and loaders across various drive types, including internal combustion engines and increasingly, electric models. Key players like Kobelco, John Deere, Volvo, Caterpillar, Komatsu, Liebherr, Mitsubishi Heavy Industries, and Manitou are actively involved in this market, either through direct sales of used equipment or through supporting their established dealer networks. The UK, Germany, France, and Italy represent the largest segments within the European market, reflecting their robust construction sectors. This report provides a detailed analysis of the Europe used construction machinery market, encompassing the historical period (2019-2024), the base year (2025), and a comprehensive forecast from 2025 to 2033. The market is segmented by machinery type (cranes, telescopic handlers, excavators, loaders & backhoes, motor graders), drive type (IC engine, electric), and key players such as Caterpillar Inc, John Deere & Co, and Komatsu, amongst others. This insightful study reveals market size in Million units, identifying key trends, growth drivers, challenges, and emerging opportunities within this dynamic sector. Key drivers for this market are: Integration With Telematics And Fleet Management Systems, Others. Potential restraints include: The Initial Costs Associated With Purchasing And Installing ELD Systems is High, Others. Notable trends are: Used Cranes to Drive the Construction Machinery Market Growth.

The global heavy-duty construction equipment market is experiencing robust growth, driven by increasing infrastructure development worldwide, particularly in emerging economies. The market size in 2025 is estimated at $150 billion, demonstrating significant expansion. A Compound Annual Growth Rate (CAGR) of 6% is projected from 2025 to 2033, indicating a consistently expanding market. This growth is fueled by several key factors: a surge in urbanization and the consequent need for new housing and commercial spaces, large-scale infrastructure projects like roads, bridges, and railways, and rising investments in renewable energy infrastructure (wind farms, solar power plants). Furthermore, technological advancements, such as the integration of automation, telematics, and advanced safety features in heavy-duty equipment, are enhancing efficiency and productivity, thereby driving market expansion. While factors like fluctuations in raw material prices and global economic uncertainties pose potential restraints, the overall positive outlook for construction activities and infrastructural development globally makes the heavy-duty construction equipment market attractive for investment and expansion. The competitive landscape is dominated by major players such as Caterpillar, Komatsu, and Volvo Construction Equipment, who hold significant market share. These established companies are continually investing in research and development to improve their product offerings and cater to the evolving market demands. However, the emergence of several Chinese manufacturers such as SANY Group and Zoomlion is increasing competition. This competitive landscape is leading to greater innovation, improved efficiency, and more competitive pricing, ultimately benefiting end-users. Regional variations in growth are expected, with regions like Asia-Pacific and North America expected to experience higher growth rates due to substantial infrastructure investments and developmental activities. The market segmentation continues to evolve, with increasing demand for specialized equipment for specific applications, such as mining and earthmoving.

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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 control te

Europe Used Construction Machinery Market size was valued at USD 24.35 Billion in 2024 and is projected to reach USD 41.67 Billion by 2032, growing at a CAGR of 6.8% during the forecast period from 2026-2032.

Europe Used Construction Machinery Market: Definition/ Overview

Used construction machinery refers to heavy equipment and machinery that have been previously owned and utilized in construction projects. These machines include excavators, bulldozers, cranes, loaders, and other types of construction vehicles and tools. While they have been in service before, they are often sold after a few years of use, either due to upgrades or changes in a company’s needs.

Europe Heavy equipment auction market size is USD XX million in 2024 and will expand at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031.

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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Construction Machinery Market Size 2025-2029

The construction machinery market size is forecast to increase by USD 39.8 billion, at a CAGR of 3.9% between 2024 and 2029.

The market is experiencing significant growth, driven by increased investment in infrastructure projects worldwide. This trend is expected to continue, creating ample opportunities for market participants. Another key driver is the growing trend of construction equipment rentals, which offers flexibility and cost savings for businesses. The secondhand machine industry is also expanding, providing an affordable alternative for small and medium-sized enterprises. However, the market faces challenges, including the high initial investment costs for new machinery and the increasing demand for energy-efficient and environmentally friendly equipment.
Additionally, the volatility of raw material prices and economic instability in certain regions pose significant risks. To capitalize on opportunities and navigate challenges effectively, companies must focus on innovation, cost efficiency, and sustainability. Investing in research and development of energy-efficient machinery and exploring rental business models can help businesses stay competitive and profitable in the evolving the market.

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

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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Compaction equipment and concrete mixers ensure optimal construction site conditions, while haul trucks and rental services offer flexibility for businesses. Lifting capacity and safety features are essential for motor graders and crawler tractors, and aftermarket parts and transmission systems ensure seamless operation. GPS guidance and maintenance schedules optimize productivity, and tire pressure monitoring enhances safety. Environmental impact is a growing concern, with hydraulic breakers and diesel engines adhering to emission standards. Hydraulic systems and safety features are essential for ensuring optimal performance and worker safety. A robust dealer network and operating weight specifications provide businesses with the necessary support and flexibility to meet their unique needs. Boom length and bucket capacity are essential considerations for various applications, and emission standards continue to evolve, driving innovation in the market.

How is this Construction Machinery Industry segmented?

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

Application

  Commercial
  Residential
  Infrastructure


Product

  Earthmoving machinery
  Material handling machinery
  Concrete and road construction machinery
  Others


End-user

  Public works
  Mining
  Oil and gas


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    UK


  APAC

    Australia
    China
    India
    Japan


  South America

    Brazil


  Rest of World (ROW)

By Application Insights

The commercial segment is estimated to witness significant growth during the forecast period.

The market encompasses a range of equipment used in various applications, including terrain adaptation, material handling, heavy lifting, site preparation, road construction, and infrastructure development. Hydraulic fluid plays a crucial role in the smooth operation of these machines, while remote control technology enhances efficiency and safety. Lease agreements offer flexible financing options for businesses, enabling them to manage operating costs effectively. Payload capacity and lifting capacity are essential considerations for machines used in heavy lifting tasks, such as cranes and excavators. Ground engaging tools and undercarriage components require regular maintenance and replacement, contributing to the demand for wear parts and parts supply.

Waste management equipment, such as concrete mixers and compactors, are integral to the construction process. Engine power and fuel consumption are significant factors in the selection and operation of construction machinery. Environmental impact and safety features are increasingly important considerations, with emission standards and tire pressure monitoring systems becoming standard features. Autonomous systems and precision control technologies are driving innovation in the market, enabling increased productivity and efficiency. In the commercial segment, the construction of commercial buildings, such as offices, hotels, and schools, is expected to drive market growth. Infrastructure development projects, including road construction and soil stabilization, are also significant contribu

The Europe Construction Machinery Rental Market Report is Segmented by Machinery Type (Earthmoving, and More), Drive Type (Hydraulic, Diesel-Electric Hybrid, and More), Application (Building Construction, and More), End-User Industry (Construction Contractors, and More), Payload Capacity (Light-Duty, Medium-Duty, and Heavy-Duty), and Country. The Market Forecasts are Provided in Terms of Value (USD).

Booming at a 5.3% CAGR, the used construction machinery market is projected to reach $142 billion by 2033. Driven by infrastructure growth and sustainability, this market offers lucrative opportunities. Learn about key players, regional trends, and future projections in our comprehensive analysis.

The industry’s performance is tied closely to construction and mining activity. Depressed construction activity in countries like France, Germany, the Czech Republic and Hungary for much of the past five years dents the need for construction equipment. Nevertheless, the need to address housing shortages and build smarter homes across the continent ensures a high volume of work, boosting orders for diggers and excavators. Revenue is forecast to climb at a compound annual rate of 0.2% to €60.2 billion over the five years through 2025, including a projected revenue drop of 0.4% in 2025. High interest rates and soaring building costs have drastically reduced new building projects in Europe, directly affecting construction equipment. Government funding and policies to build more homes are elevating the volume of construction work, driving manufacturers' sales. However, revenue is hurt by more companies turning to leasing and renting construction equipment for short- and long-term projects. The drive to reduce reliance on Russian energy is elevating funding for renewable projects. EU-backed infrastructure projects on renewable energy projects to shore up the EU’s energy security are providing opportunities for producers of heavy-duty equipment. More investment in drilling will drive orders for excavators and earthmoving equipment across the bloc. Revenue is forecast to climb at a compound annual rate of 1.9% to €66 billion over the five years through 2030. Construction activity is set to remain sluggish in the short term due to cautious investors because of high interest rates and geopolitical issues, but government funding for several construction projects like renewable energy projects and wind farms across the EU will raise the need for construction machinery. Incentives and funding to address the shortfall in the number of homes in many European countries will spur investment in the residential sector, providing opportunities for construction equipment makers. Construction contractors will demand more low-emission equipment, forcing manufacturers to invest in producing autonomous and electric equipment that reduces operating costs and eliminates emissions.