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The Construction Equipment Market is expected to grow by $ 10.84 bn during 2021-2025, progressing at a CAGR of over 4% during the forecast period

ReportLinker
·3-min read

Construction Equipment Market in Europe 2021-2025. The analyst has been monitoring the construction equipment market in Europe and it is poised to grow by $ 10. 84 bn during 2021-2025, progressing at a CAGR of over 4% during the forecast period.

New York, Aug. 23, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Construction Equipment Market in Europe 2021-2025" - https://www.reportlinker.com/p05734186/?utm_source=GNW
Our report on the construction equipment market in Europe provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
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 driven by improving employment level, low interest rates, and growing refugee population, growth in consumer spending an increase in internet penetration leading to investment in e-commerce sector, and the revival of infrastructure investment in Europe. In addition, improving employment level, low-interest rates, and growing refugee population is anticipated to boost the growth of the market as well.
The construction equipment market in Europe analysis includes the product segment and geographic landscape.

The construction equipment market in Europe is segmented as below:
By Product
• earthmovers
• cranes
• road equipment
• concrete equipment

By Geographical Landscape
• Germany
• France
• UK
• Rest of Europe

This study identifies the use of telematics as one of the prime reasons driving the construction equipment market in Europe growth during the next few years. Also, automation of construction equipment and the possibility of US-EU trade war will lead to sizable demand in the market.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on construction equipment market in Europe covers the following areas:
• Construction equipment market sizing in Europe
• Construction equipment market forecast in Europe
• Construction equipment market industry analysis in Europe

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading construction equipment market vendors in Europe that include 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. Also, the construction equipment market in Europe analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Read the full report: https://www.reportlinker.com/p05734186/?utm_source=GNW

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

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