Earthmoving Equipment Market in Europe to Grow at a Cagr of 6.68% over the Period 2014-2019

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About Earthmoving Equipment

Earthmoving equipment refers to heavy equipment used in the construction industry to move large amounts of earth, dig foundations, and landscape. Earthmoving equipment include excavators, loaders, and construction tractors. The earthmoving equipment industry is one of the major segments of the overall construction equipment industry.

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Technavio's analysts forecast the earthmoving equipment market in Europe to grow at a CAGR of 6.68% over the period 2014-2019.

Covered in this Report

This report covers the present scenario and the growth prospects of the earthmoving equipment market in Europe for the period 2015-2019. It also includes the historical sales of earthmoving equipment in the region. In this report, we determined the market size according to the consumption value of earthmoving equipment and estimated the growth prospects of the market after an analysis of the present market conditions. In addition, the report discusses the major drivers influencing the growth of the market, and the major challenges faced by vendors and the market at large, as well as the key trends emerging in the market.

Key Leading Countries

France

Germany

Italy

UK

Key Vendors

Caterpillar

JCB

Komatsu

Volvo

Other Prominent Vendors

Hitachi Construction Machinery

Liebherr

Market Driver

Recovery of Construction Industry

For a full, detailed list, view our report

Market Challenge

High Cost of Manufacturing

For a full, detailed list, view our report

Market Trend

Growth of Equipment Rental Business

For a full, detailed list, view our report

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