Market Share of Europe Used Construction Machinery Industry
Europe Used Construction Machinery Market is consolidated with existing players such as Caterpillar, Kobelco Construction Machinery, Deere & Company, Komatsu Ltd, Volvo Group, Doosan Infracore, and XCMG, captured about 40% of the market share in 2019. Apart from the above top players, domestic and local businesses contribute towards the 60% of the market.
Since the construction machinery market is characterized by the presence of numerous international and regional players, construction manufacturers are trying to have the edge over its competitors by making joint-ventures, partnerships, launching new products with advanced technology.
Europe Used Construction Machinery Market Leaders
Volvo CE
Catterpillar Inc.
Deere & Company
Komatsu
Kobelco Construction Machinery
*Disclaimer: Major Players sorted in no particular order
