Europe Construction Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Europe Heavy Construction Equipment Market Report is Segmented by Machinery Type (Cranes, Telescopic Handling, Excavators, Loaders and Backhoes, Motor Graders, and Other Machinery Types), Drive Type (IC Engines and Electric and Hybrid), and Country (Germany, United Kingdom, France, Russia, Spain, and Rest of Europe). The Report Offers Market Size and Forecasts for European Construction Equipment in Value (USD) for all the Abovementioned Segments.

Europe Construction Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Europe Construction Equipment Market Size

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Europe Construction Equipment Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 54.46 Billion
Market Size (2030) USD 76.25 Billion
CAGR (2025 - 2030) 6.96 %
Market Concentration High

Major Players

Europe Construction Equipment Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Europe Construction Equipment Market Analysis

The Europe Construction Equipment Market size is estimated at USD 54.46 billion in 2025, and is expected to reach USD 76.25 billion by 2030, at a CAGR of 6.96% during the forecast period (2025-2030).

The European construction equipment industry is experiencing significant transformation amid varying regional economic conditions. While construction volumes in the EU showed mixed performance, declining by 1.6% and 0.4% in March and April 2023 respectively, infrastructure construction demonstrated resilience with a 3.9% year-on-year growth in April 2023. Several countries have shown remarkable growth in construction volume, with Slovenia leading at 23.3%, followed by Romania at 12.6%, and Belgium at 8.7% in April 2023, indicating strong regional variations in market performance. This diverse performance landscape has prompted manufacturers to adapt their strategies to address specific regional needs while maintaining operational efficiency.


Digital transformation and technological advancement are reshaping the construction machinery landscape, with manufacturers increasingly incorporating smart technologies into their offerings. The industry is witnessing a surge in autonomous capabilities, connected equipment solutions, and advanced driver assistance systems. For instance, in March 2023, Caterpillar unveiled VisionLink, an integrated fleet management solution that consolidates multiple platforms into a centralized system for enhanced operational efficiency. This digital evolution extends beyond individual machines to encompass entire construction sites, with companies investing in comprehensive digital ecosystems that enable real-time monitoring, predictive maintenance, and improved project management.


The rental market is emerging as a significant force in shaping industry dynamics, with rental companies actively investing in new technologies and upgrading their fleets. Major industry players are adapting their business models to accommodate this trend, developing specific product lines and services tailored to construction machinery rental operations. The shift towards rental services is particularly pronounced in urban areas, where space constraints and project variability make equipment rental more economically viable for contractors and construction companies.


Sustainability initiatives are driving substantial changes in equipment design and operation, with manufacturers focusing on developing more energy-efficient machines. In September 2023, Germany announced an investment of EUR 63.2 billion for renewable energy infrastructure development, including e-mobility charging infrastructure across the country. This commitment to sustainable development is reflected in the industry's product development strategies, with manufacturers introducing new equipment models that offer improved fuel efficiency and reduced emissions. Spain's announcement of an 11.794 billion Euro infrastructure investment in 2023, with nearly half allocated to rail industry development, further demonstrates the region's commitment to sustainable infrastructure development.

Segment Analysis: By Machinery Type

Excavator Segment in Europe Construction Equipment Market

The excavator segment continues to dominate the European construction equipment market, commanding approximately 41% of the total market share in 2024. This significant market position is driven by the increasing demand for excavation activities across various construction projects in the region. The segment's prominence is further strengthened by the rising investment in real estate development and infrastructure projects across European countries. Major manufacturers are focusing on introducing advanced excavator models with improved efficiency and reduced emissions, particularly in response to stringent European environmental regulations. The introduction of electric and hybrid excavators by leading manufacturers like Volvo Construction Equipment, Hitachi Construction Machinery, and Liebherr Group has further catalyzed market growth, especially in environmentally conscious European markets.

Market Analysis of Europe Construction Equipment Market: Chart for By Machinery Type

Excavator Segment Growth in Europe Construction Equipment Market

The excavator segment is projected to maintain its position as the fastest-growing segment in the European construction equipment market during the forecast period 2024-2029, with an expected growth rate of approximately 4%. This growth is primarily attributed to the increasing adoption of technologically advanced excavators equipped with features such as GPS tracking, telematics, and automated grade control systems. The segment's growth is further supported by the rising demand for electric excavators, particularly in urban construction projects where noise and emission regulations are stringent. Manufacturers are increasingly focusing on developing compact excavators suitable for urban construction sites, while also investing in research and development to enhance the battery life and performance of electric excavators.

Remaining Segments in Machinery Type

The other machinery segments, including loaders and backhoe, cranes, telescopic handling, and motor graders, each play crucial roles in different aspects of construction activities across Europe. Loaders and backhoe equipment maintain a strong presence in versatile construction applications, while crane equipment is essential for high-rise construction and heavy lifting operations. Telescopic handlers provide crucial support in material handling and logistics at construction sites, particularly in space-constrained urban environments. Motor graders, though representing a smaller market share, remain indispensable for road construction and maintenance projects. These segments are witnessing technological advancements with the integration of IoT capabilities, improved fuel efficiency, and enhanced operator comfort features.

Segment Analysis: Drive Type

IC Engine Segment in Europe Construction Equipment Market

The IC Engine segment continues to dominate the European construction equipment market, commanding approximately 97% of the total market share in 2024. This substantial market presence is primarily driven by the ongoing robust demand in the construction industry, particularly in developing countries, where numerous growth opportunities exist across infrastructure, residential, and non-residential sectors. The segment's strength is further reinforced by major manufacturers' continuous innovation in IC engine technology, with companies like CASE announcing the launch of new E-Series wheeled excavators and John Deere introducing its first offering of wheel loaders in key European markets. The segment's resilience is also evident in countries like Slovenia, Romania, and Belgium, where construction volumes have shown significant growth, directly impacting the demand for IC engine-powered construction machinery. Additionally, the segment benefits from the extensive existing infrastructure for fuel distribution and maintenance, making IC engine equipment a practical choice for heavy equipment construction companies across Europe.

Electric & Hybrid Segment in Europe Construction Equipment Market

The Electric & Hybrid segment is experiencing remarkable growth in the European construction equipment market, with a projected growth rate of approximately 17% during 2024-2029. This accelerated growth is driven by increasing environmental regulations and the construction industry's shift towards sustainable practices. Major manufacturers are actively expanding their electric equipment portfolios, with companies like Volvo Construction Equipment launching new electric excavators and Liebherr Group introducing innovative hydrogen-powered solutions. The segment's growth is further supported by technological advancements in battery technology and charging infrastructure, making electric equipment more practical for construction applications. The rising demand for zero-emission construction equipment in urban areas, where noise and emission regulations are stringent, is also contributing to the segment's expansion. Additionally, government initiatives promoting green construction practices and providing incentives for electric equipment adoption are creating favorable conditions for market growth. The segment is witnessing increased investment in research and development, focusing on improving battery life, reducing charging times, and enhancing overall performance to match traditional IC engine equipment capabilities.

Europe Construction Equipment Market Geography Segment Analysis

Europe Construction Equipment Market in Germany

Germany continues to dominate the European construction equipment market, commanding approximately 23% of the total market share in 2024. The country's construction machinery market is experiencing robust growth driven by significant infrastructure development projects and technological advancements. The government's commitment to sustainable infrastructure development, particularly in the transport and renewable energy sectors, has created substantial demand for advanced construction equipment. The country's early adoption of state-of-the-art technology, especially in electric and hybrid construction machinery, has positioned it as a pioneer in sustainable construction practices. German construction companies are increasingly investing in purchasing cutting-edge heavy equipment to reduce their carbon footprint, particularly focusing on battery-electric and hybrid solutions. The presence of major equipment manufacturers and strong dealer networks has further strengthened the market's foundation, ensuring efficient distribution and after-sales support across the country.

Europe Construction Equipment Market in France

France represents a dynamic market in the European construction equipment sector, projected to grow at approximately 4% CAGR from 2024 to 2029. The French market is experiencing a transformative phase driven by substantial investments in sports facilities, public infrastructure, and transportation networks. The government's commitment to becoming carbon neutral by 2050 has sparked increased demand for electric and hybrid construction equipment. The country's extensive roadway and railroad infrastructure development plans have created sustained demand for various construction machinery, particularly in urban development projects. The modernization of airports and expansion of terminal facilities have further boosted the need for specialized construction machinery. France's strategic focus on renewable energy development and green hydrogen infrastructure has created new opportunities for construction equipment manufacturers, particularly those offering sustainable solutions.

Europe Construction Equipment Market in United Kingdom

The United Kingdom's construction equipment market demonstrates remarkable resilience and innovation, particularly in the transition toward a net-zero carbon economy. The country's construction machinery market maintains its robust position through strong distribution networks and independent dealer partnerships. The shift toward sustainable construction practices has led to increased adoption of electric and hybrid equipment, with manufacturers actively introducing new zero-emission machines to meet market demands. The UK's focus on green infrastructure projects, including renewable energy installations and electric vehicle charging infrastructure, has created sustained demand for specialized construction equipment. The market is further strengthened by technological advancements in construction machinery, particularly in areas such as telematics and automated systems, enhancing operational efficiency and safety standards.

Europe Construction Equipment Market in Russia

Russia's construction equipment market is undergoing significant transformation, driven by its vast natural resources sector and infrastructure development initiatives. The country's position as a mining and minerals titan has created substantial demand for specialized construction equipment, particularly in resource extraction and processing. The diversification of the economy beyond traditional sectors has led to increased construction activities across various segments. The market is witnessing a notable shift toward modernization, with a growing emphasis on equipment efficiency and technological integration. Local manufacturing initiatives and strategic partnerships with international equipment manufacturers have strengthened the market's supply chain. The focus on developing sustainable mining practices and urban infrastructure has created new opportunities for construction equipment suppliers, particularly in specialized machinery segments.

Europe Construction Equipment Market in Other Countries

The construction equipment market in other European countries, including Spain, Italy, Belgium, Poland, Turkey, Romania, Bulgaria, Sweden, and Norway, showcases diverse growth patterns and opportunities. These markets are characterized by varying levels of infrastructure development and construction activity, each driven by unique economic and regulatory factors. Countries in Southern Europe are focusing on tourism infrastructure and urban development, while Nordic nations emphasize sustainable construction practices and environmental compliance. Eastern European countries are experiencing growth in industrial and residential construction sectors, creating demand for various types of construction equipment. The adoption of advanced technologies and sustainable solutions varies across these markets, influenced by local regulations and economic conditions. The presence of strong rental markets in these countries has also shaped the dynamics of equipment acquisition and utilization patterns.

Europe Construction Equipment Industry Overview

Top Companies in Europe Construction Equipment Market

The European construction equipment market is characterized by intense innovation and strategic developments among leading players like Liebherr Group, Caterpillar, JCB, and Volvo Construction Equipment. Companies are increasingly focusing on developing advanced telematics solutions, electric and hybrid powertrains, and automated features to enhance operational efficiency and meet sustainability requirements. Market leaders are strengthening their positions through strategic partnerships, particularly in emerging technologies like battery systems and autonomous operations. The industry is witnessing a significant shift towards digitalization, with manufacturers investing in IoT integration, fleet management solutions, and predictive maintenance capabilities. Companies are also expanding their service networks and rental operations across the region while simultaneously developing eco-friendly construction machinery to align with European environmental regulations.

Consolidated Market with Strong Local Presence

The European construction equipment market exhibits a relatively consolidated structure dominated by established global manufacturers alongside strong regional players. These companies leverage their extensive manufacturing facilities, well-established distribution networks, and deep market understanding to maintain their competitive positions. The market is characterized by a mix of diversified industrial conglomerates and specialized construction machinery manufacturers, with many players offering comprehensive product portfolios ranging from compact equipment to heavy equipment. The industry has witnessed significant merger and acquisition activities, particularly focused on acquiring technological capabilities and strengthening regional presence.


The competitive dynamics are shaped by the presence of both multinational corporations with global reach and local manufacturers with specialized expertise in specific equipment categories. Companies are increasingly focusing on vertical integration strategies, expanding their aftermarket services, and developing comprehensive solutions beyond traditional equipment sales. The market has seen several strategic partnerships and joint ventures, especially in developing next-generation technologies and addressing specific regional requirements. Local manufacturers are gaining prominence through their ability to offer customized solutions and maintain strong relationships with regional contractors and rental companies.

Innovation and Sustainability Drive Future Success

Success in the European construction equipment market increasingly depends on manufacturers' ability to innovate while meeting stringent environmental regulations and customer demands for efficiency. Companies must invest in research and development to develop electric and hybrid equipment, integrate advanced digital technologies, and improve fuel efficiency while maintaining competitive pricing. The ability to offer comprehensive fleet management solutions, predictive maintenance capabilities, and enhanced operator safety features is becoming crucial for market success. Manufacturers need to strengthen their aftermarket services, expand their rental offerings, and develop flexible financing solutions to address diverse customer needs.


For emerging players and contenders, success lies in identifying and serving niche market segments while building strong dealer networks and service capabilities. Companies must focus on developing specialized equipment for specific applications or regional requirements while ensuring compliance with evolving environmental regulations. The market presents opportunities for players who can offer innovative financing models, develop strong rental propositions, and leverage digital technologies to enhance customer experience. Success also depends on building strong relationships with key stakeholders, including contractors, rental companies, and regulatory bodies, while maintaining operational flexibility to adapt to changing market conditions.

Europe Construction Equipment Market Leaders

  1. Liebherr Group

  2. Komatsu Ltd.

  3. Caterpillar Inc.

  4. J.C. Bamford Excavators Limited

  5. Volvo Construction Equipment

  6. *Disclaimer: Major Players sorted in no particular order
Europe Construction Equipment Market Concentration
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Europe Construction Equipment Market Recent Developments

  • May 2024: Sunward Europe, a plant and equipment manufacturer, revealed its lineup for the Hillhead Exhibition 2024. On stand Y2 at the exhibition, the SWE 50UF mini excavator will make its debut in the United Kingdom alongside models from the manufacturer's best-selling lines. Sunward's static display of six machines will be exhibited by the SWE 50UF mini excavator, while the 21-ton top-of-the-line SWE 215F-5A medium excavator will physically showcase the company's unique blend of quality and affordability.
  • April 2024: China-based LiuGong announced five new electric machines for the European market and reaffirmed its commitment to electric equipment and intelligent machines at a press conference at Intermat in Paris, France. The new machinery introduced for Europe includes the wheeled loaders 820 TE, 856 HE, and 870 HE, as well as the excavators 9027 FE and 922 FE. According to the company, the 856HE can run for 10–12 hours on a single charge. The brand intends to rank among the top ten construction equipment players in Europe by 2027, according to the chairman of LiuGong Europe.
  • January 2024: The TKE750G, a new telescopic boom crawler crane from Kobelco Construction Machinery Co. Ltd, with a maximum lifting capacity of 75 metric tonnes, was introduced to the European market. The crane follows the same basic concept as the G series lattice boom crawler crane models. It is powered by a Mercedes-Benz E9H01 (Daimler OM936LA) engine that complies with EU Stage V regulations. The TKE750G will go on sale in the middle of 2024.

Europe Construction Equipment Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Drivers
    • 4.1.1 Growing Investments in Infrastructure Deployment
  • 4.2 Market Restraints
    • 4.2.1 Rapid Expansion of Construction Equipment Rental Services Across the Region
  • 4.3 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.3.1 Threat of New Entrants
    • 4.3.2 Bargaining Power of Buyers/Consumers
    • 4.3.3 Bargaining Power of Suppliers
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION (Market Size in USD)

  • 5.1 By Machinery Type
    • 5.1.1 Cranes
    • 5.1.2 Telescopic Handling
    • 5.1.3 Excavators
    • 5.1.4 Loaders and Backhoe
    • 5.1.5 Motor Graders
    • 5.1.6 Other Machinery Types
  • 5.2 By Drive Type
    • 5.2.1 IC Engine
    • 5.2.2 Electric and Hybrid
  • 5.3 By Country
    • 5.3.1 Germany
    • 5.3.2 United Kingdom
    • 5.3.3 France
    • 5.3.4 Russia
    • 5.3.5 Spain
    • 5.3.6 Rest of Europe

6. COMPETITIVE LANDSCAPE

  • 6.1 Vendor Market Share
  • 6.2 Company Profiles*
    • 6.2.1 Liebherr Group
    • 6.2.2 JCB Limited
    • 6.2.3 Volvo Construction Equipment
    • 6.2.4 CNH Industrial NV
    • 6.2.5 Hitachi Construction Machinery Co. Ltd
    • 6.2.6 Deere & Company
    • 6.2.7 Atlas Copco Group
    • 6.2.8 Manitou Group
    • 6.2.9 Sandvik Group
    • 6.2.10 Caterpillar Inc.

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Europe Construction Equipment Industry Segmentation

Construction equipment is used for the execution, completion, erection, operation, or maintenance of any construction project or work. Construction equipment is also used to construct roads, bridges, and dams in earthmoving works.

The European construction equipment market has been segmented by machinery type, drive type, and country. By machinery type, the market is segmented into cranes, telescopic handling, excavators, loaders and backhoes, motor graders, and other machinery types. The market is segmented by drive type into IC engines and electric and hybrid. By country, the market is segmented into Germany, the United Kingdom, France, Russia, Spain, and the Rest of Europe.

The report offers market size and forecasts for all the above segments in value (USD).

By Machinery Type Cranes
Telescopic Handling
Excavators
Loaders and Backhoe
Motor Graders
Other Machinery Types
By Drive Type IC Engine
Electric and Hybrid
By Country Germany
United Kingdom
France
Russia
Spain
Rest of Europe
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Europe Construction Equipment Market Research Faqs

How big is the Europe Construction Equipment Market?

The Europe Construction Equipment Market size is expected to reach USD 54.46 billion in 2025 and grow at a CAGR of 6.96% to reach USD 76.25 billion by 2030.

What is the current Europe Construction Equipment Market size?

In 2025, the Europe Construction Equipment Market size is expected to reach USD 54.46 billion.

Who are the key players in Europe Construction Equipment Market?

Liebherr Group, Komatsu Ltd., Caterpillar Inc., J.C. Bamford Excavators Limited and Volvo Construction Equipment are the major companies operating in the Europe Construction Equipment Market.

What years does this Europe Construction Equipment Market cover, and what was the market size in 2024?

In 2024, the Europe Construction Equipment Market size was estimated at USD 50.67 billion. The report covers the Europe Construction Equipment Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Europe Construction Equipment Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Europe Construction Equipment Market Research

Mordor Intelligence provides a comprehensive analysis of the European construction machinery sector. We leverage decades of expertise in heavy equipment and construction equipment research. Our extensive report covers the full range of heavy machinery, including excavators, bulldozers, backhoes, and loaders. The analysis also includes mining equipment, material handling equipment, and specialized concrete equipment. It offers detailed insights into construction machinery rental trends and the availability of construction machinery parts. The report PDF, available for download, thoroughly examines the industrial construction equipment, commercial construction equipment, and residential construction equipment segments.

Industry stakeholders benefit from our detailed analysis of construction vehicles and construction tools. We focus particularly on road construction equipment and earthmoving equipment applications. The report looks into the utilization of crane equipment and the deployment of building equipment across various sectors. This includes equipment for construction plants and specialized machinery. Our comprehensive research methodology incorporates real-time data on heavy construction equipment markets. This enables businesses to make informed decisions about equipment acquisition, maintenance, and operational optimization. The analysis provides valuable insights for manufacturers, suppliers, and end-users. Detailed sections cover market dynamics, technological innovations, and regional trends in an easy-to-read report PDF format.

Europe Construction Equipment Market Report Snapshots