Germany Used Construction Equipment Market Report, Forecast

In October 2021, a subsidiary of Toyota Industries, Cascade Corporation, acquired Lift Technologies Inc. (U.S.) and Lift-Tek Elecar S.p.A. , commonly referred to as Lift-Tek, which manufactures and sells forklift masts. Forklifts are used for various material handling operations in factories and distribution warehouses.

• The European market is projected to record considerable growth during the forecast period.
• However, the manufacturing industry’s growth is expected to be hampered due to reduced raw material supply and declining industrial production output.
• Although there is a significant growth for re-selling of construction equipment owing to huge profits for equipment owners, owing to sales of used construction equipment.
• The Zaragoza site is the newest within the Euro Auctions’ set up, with the company previously locating its Spanish trading in Valencia.
• The project – “Elizabeth Line” is a 73 mile underground and overground railway line connecting 41 stations across the capital.

In order to provide customers with digital transformation for earthmoving equipment in the Czech Republic and Slovakia, Komatsu’s Smart Construction digital platform has partnered with Kuhn Bohemia, a division of Komatsu Distributor Kuhn Group. The Memorandum https://greencyprus.net/alexander-abramov-biography/ of Understanding outlines the conditions under which CECE and ICEMA will cooperate on a bilateral basis. Understanding reciprocal market developments and enhancing market access and international trade are the main goals of the collaboration.

Magazine: Discover exciting insights from the Liebherr world

Wheel Loaders Wheel Loaders Transporting a load over small to medium distances is the forte of wheel loaders. Volvo CE, Catterpillar Inc., Deere & Company, Komatsu, Kobelco Construction Machinery are the major companies operating in Europe Used Construction Machinery Market. Europe Used Construction Machinery market is segmented by Machinery Type (Crane, Telescopic Handlers, Excavator, Loader & Backhoe, Motor Grader), Drive Type , and by Country . The Report Offers the Market Size and Forecast of Europe Used Construction Machinery Market in value for the above-mentioned segments. CASE Care Maximize your machine’s uptime and efficiency with this planned maintenance program.

Customer demand for CASE machines fuels Rentti growth across Finland

Additionally, large projects such as port extensions, railway tunnels, and reconstruction activities are witnessing increased demand for cranes, pushing the crane business. The rise of hired construction equipment has been boosted by the continuous recovery of Europe’s construction industry and favourable economic policies such as low loan rates. The industry’s growth is driven by an upward market trend towards adopting technologically integrated equipment in rental fleets.