May 26, 2022 05:48 ET | Source: Research and Markets Research and Markets

Dublin, May 26, 2022 (GLOBE NEWSWIRE) -- The "Europe Construction & Material Handling Machinery Market Research Report: By Type, End Use, Customer, Propulsion Type - Industry Size and Growth Forecast to 2030" report has been added to ResearchAndMarkets.com's offering. Growing at a 5.1% CAGR, the European construction and material handling machinery market revenue will rise to $75,436.3 million by 2030 from an estimated $48,411.6 million in 2021. Currently, such equipment is being utilized the most for building residential units, because of Europe's growing population, which is increasingly moving to the cities. In this regard, the rapid construction of smart cities is driving the demand for machinery for construction and material handling. As human activities, such as electricity generation and transportation, contribute to the degradation of the environment, cities of the future are being designed to curb environmental degradation by reducing the consumption of electricity.

Moreover, the total cost of ownership of EVs is lower than those running on diesel and gasoline, as electric variants do not have many of the mechanical parts common in conventional powertrains. This makes the maintenance of electric construction and material handling machinery cost-effective. Moreover, electricity is cheaper than diesel, which further reduces the total cost of ownership of EVs. This is why major European construction and material handling machinery market players are launching electric variants of such machines. For instance, Cargotec Corporation launched eight electric lifting equipment models under the Kalmar Electric Reachstacker brand in December 2021.

Other key companies offering such equipment are LIEBHERR-International Deutschland GmbH, AB Volvo, Caterpillar Inc., Sany Heavy Equipment International Holdings Company Limited, Hitachi Ltd., Komatsu Ltd., J.C. Bamford Excavators Limited, The Manitowoc Company Inc., Xuzhou Construction Machinery Group Co. Ltd., KION Group AG, and CNH Industrial N.V.

Key Findings of Europe Construction and Material Handling Machinery Market Report

Key Topics Covered: Chapter 1. Research Background 1.1 Research Objectives 1.2 Market Definition 1.3 Analysis Period 1.4 Market Data Reporting Unit 1.5 Market Size Breakdown by Segment 1.6 Key Stakeholders Chapter 2. Research Methodology 2.1 Secondary Research 2.2 Primary Research 2.3 Market Size Estimation 2.4 Data Triangulation 2.5 Notes and Caveats Chapter 3. Executive Summary Chapter 4. Definition of Market Segments 4.1 by Type 4.1.1 Earthmoving Machinery 4.1.1.1 Excavators 4.1.1.2 Loaders 4.1.1.3 Dump Trucks/Tippers 4.1.1.4 Others 4.1.2 Material Handling Machinery 4.1.2.1 Forklifts 4.1.2.2 Fixed Cranes 4.1.2.3 Mobile Cranes 4.1.2.4 Conveyors 4.1.3 Concrete and Road Construction Machinery 4.1.3.1 Mixing Plants 4.1.3.2 Mixer Trucks 4.1.3.3 Pumps 4.1.3.4 Pavers 4.1.3.5 Others 4.1.4 Tunnelling Machinery 4.1.5 Others 4.2 by End Use 4.2.1 Residential Housing 4.2.2 Transport, Energy, and Water Infrastructure 4.2.3 Institutional and Commercial Buildings 4.2.4 Industrial Sites 4.3 by Customer 4.3.1 Rental Companies 4.3.2 Contractors 4.4 by Propulsion Type 4.4.1 Electric 4.4.2 Ice Chapter 5. Industry Outlook 5.1 Market Dynamics 5.1.1 Trends 5.1.1.1 Product Launches 5.1.1.2 Modular and Offsite Construction 5.1.2 Drivers 5.1.2.1 Increase in Infrastructure Investments 5.1.2.2 Construction of Smart Cities 5.1.3 Impact Analysis of Drivers on Market Forecast 5.1.4 Restraints 5.1.4.1 Rising Material Cost 5.1.5 Impact Analysis of Restraints on Market Forecast 5.2 Impact of Covid-19 5.3 Porter's Five Forces Analysis Chapter 6. Business Model of OEMs 6.1 Overview 6.2 Ecosystem of Construction Equipment Industry 6.3 Ecosystem Analysis of OEMs 6.3.1 Parts Fabrication 6.3.2 Assembly and Engineering 6.3.3 Distribution and Service 6.3.4 Machine Rental 6.3.5 Usage 6.4 Future Ecosystem of Construction Equipment Industry 6.4.1 Product-Based Approach 6.4.2 Specialization 6.4.3 Value Chain Control and Integration With Supply Chains 6.4.4 Consolidation 6.4.5 Customer-Centricity and Branding 6.4.6 Investment in Technology and Facilities 6.4.7 Investment in Human Resources 6.4.8 Globalization Chapter 7. Aftermarket Industry 7.1 Overview 7.2 OEMs Gaining More Control Over After-Sales Channels 7.3 Optimizing Parts Pricing Chapter 8. Europe Market Size and Forecast 8.1 Overview 8.2 Market Volume, by Type (2017-2030) 8.3 Market Revenue, by Type (2017-2030) 8.4 Market Volume, by End Use (2017-2030) 8.5 Market Revenue, by End Use (2017-2030) 8.6 Market Volume, by Customer (2017-2030) 8.7 Market Revenue, by Customer (2017-2030) 8.8 Market Volume, by Propulsion Type (2017-2030) 8.9 Market Revenue, by Propulsion Type (2017-2030) 8.10 Market Volume, by Country (2017-2030) 8.11 Market Revenue, by Country (2017-2030) Chapter 9. Germany Market Size and Forecast Chapter 10. France Market Size and Forecast Chapter 11. U.K. Market Size and Forecast Chapter 12. Italy Market Size and Forecast Chapter 13. Spain Market Size and Forecast Chapter 14. Russia Market Size and Forecast Chapter 15. Switzerland Market Size and Forecast Chapter 16. Poland Market Size and Forecast Chapter 17. Netherlands Market Size and Forecast Chapter 18. Belgium and Luxembourg Market Size and Forecast Chapter 19. Competitive Landscape 19.1 List of Market Players and Their Offerings 19.2 Recent Strategic Developments of Key Players 19.2.1 Partnerships and Collaborations 19.2.2 Mergers and Acquisitions 19.2.3 Geographical Expansions 19.2.4 Product Launches 19.3 Market Share Analysis of Key Players Chapter 20. Company Profiles

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