Europe Construction & Material Handling Machinery Market Share, Size, Future Demand, and Emerging Tr
September 22, 2023 ⚊ 1 Min read ⚊ Views 41 ⚊ BUSINESS
Europe Construction equipment and material handling machinery market size was $48,411.6 million in 2021, and it is expected to advance at a CAGR of 5.1% during 2021–2030. Some of the major factors driving the industry include the increasing labor cost in the construction sector, rising demand for modular and offsite buildings, surging investments in infrastructure, and rapid development of smart cities. So, it is expected that the construction equipment industry outlook will grow in Europe during the forecast period.
Tags: Earthmoving Machinery, Material Handling Machinery
