Market Share of Europe Construction Equipment Industry
The European construction equipment market is consolidated, with players such as Liebherr, Volvo Equipment, etc., dominating the market. New products to improve the operational efficiency of the entire industry, which are being developed with partnerships with other companies, have been on the rise lately.
- August 2022: At Bauma 2022, XCMG displayed its largest exhibition, including a new fully electric all-terrain crane, excavator, and loader. The most recent products are expected to provide competitive advantages in large-capacity batteries, fast charging, and zero emissions.
Europe Construction Equipment Market Leaders
Liebherr Group
Volvo CE
CNH Industrial NV
JCB
Wirtgen Group
*Disclaimer: Major Players sorted in no particular order
