Construction Equipment Market in Europe 2020-2024 | Use of Telematics to Boost Growth | Technavio
Technavio has been monitoring the construction equipment market in Europe and it is poised to grow by USD 19.98 bn during 2020-2024, progressing at a CAGR of almost 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. AB Volvo, Atlas Copco AB, Caterpillar Inc., CNH Industrial NV, Doosan Heavy Industries & Construction Co. Ltd., Hitachi Construction Machinery Co. Ltd., J.C. Bamford Excavators Ltd., Kawasaki Heavy Industries Ltd., Komatsu Ltd., and Liebherr-International AG are some of the major market participants. The use of telematics will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Use of telematics has been instrumental in driving the growth of the market.
Construction Equipment Market in Europe 2020-2024: Segmentation
Construction Equipment Market in Europe is segmented as below:
Construction Equipment Market in Europe 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our construction equipment market in Europe report covers the following areas:
Construction Equipment Market in Europe Size
Construction Equipment Market in Europe Trends
Construction Equipment Market in Europe Industry Analysis
This study identifies improving employment level, low-interest rates, and growing refugee population as one of the prime reasons driving the construction equipment market growth in Europe during the next few years.
Construction Equipment Market in Europe 2020-2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the construction equipment market in Europe, including some of the vendors such as AB Volvo, Atlas Copco AB, Caterpillar Inc., CNH Industrial NV, Doosan Heavy Industries & Construction Co. Ltd., Hitachi Construction Machinery Co. Ltd., J.C. Bamford Excavators Ltd., Kawasaki Heavy Industries Ltd., Komatsu Ltd., and Liebherr-International AG. Backed with competitive intelligence and benchmarking, our research reports on the construction equipment market in Europe are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Construction Equipment Market in Europe 2020-2024: Key Highlights
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist construction equipment market growth in Europe during the next five years
Estimation of the construction equipment market size in Europe and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the construction equipment market in Europe
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of construction equipment market vendors in Europe
Table Of Contents:
Executive Summary
Market Landscape
Market ecosystem
Value chain analysis
Market Sizing
Market definition
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
Market Segmentation by Product
Earthmovers - Market size and forecast 2019-2024
Road equipment - Market size and forecast 2019-2024
Cranes - Market size and forecast 2019-2024
Concrete equipment - Market size and forecast 2019-2024
Customer landscape
Geographic Landscape
Geographic segmentation
Germany - Market size and forecast 2019-2024
France - Market size and forecast 2019-2024
UK - Market size and forecast 2019-2024
Rest of Europe - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Drivers, Challenges, and Trends
Market drivers
Volume driver - Demand led growth
Volume driver - Supply led growth
Volume driver - External factors
Volume driver - Demand shift in adjacent markets
Price driver - Inflation
Price driver - Shift from lower to higher priced units
Market challenges
Market trends
Vendor Landscape
Overview
Vendor landscape
Landscape disruption
Vendor Analysis
Vendors covered
Market positioning of vendors
AB Volvo
Atlas Copco AB
Caterpillar Inc.
CNH Industrial NV
Doosan Heavy Industries & Construction Co. Ltd.
Hitachi Construction Machinery Co. Ltd.
J.C. Bamford Excavators Ltd.
Kawasaki Heavy Industries Ltd.
Komatsu Ltd.
Liebherr-International AG
Appendix
Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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