France Construction Equipment Market Introduction and Overview
According to SPER Market Research, the France Construction Equipment Market is estimated to reach USD 22.35 Billion by 2033 with a CAGR of 6.8%.
The report includes an in-depth analysis of the France Construction Equipment Market, including market size and trends, product mix, applications, and supplier analysis. The term "construction equipment" describes tools or machinery dragged like trailers that are utilised for building, pruning trees, and related construction tasks. The construction equipment market is made up of a broad spectrum of businesses that design, produce, and distribute construction equipment to end users. Examples of this equipment include motor graders, cranes, backhoe loaders, and excavators.
- February 2023: Hitachi Construction Machinery, a well-known Japanese producer of construction equipment, declared that it will raise the prices of its machinery by 8% for clients worldwide, including those in France, starting in April 2023. The equipment that French customers can purchase through dealerships is also subject to this price adjustment, meaning that the price will increase by 8% in comparison to 2022 pricing.
- October 2022: At the thirteenth Bauma innovative Awards ceremony, Liebherr-France SAS was presented with the coveted Bauma Innovation Award in the "Climate Protection Category" as a token of appreciation for its exceptional innovative efforts. The company's ground-breaking development of the R 9XX H2, a hydrogen-powered excavator, was honoured with this honour.
Market Opportunities and Challenges
The main factors driving the expansion of the French construction market are rising government spending on infrastructure and construction projects, an increase in foreign direct investments in the industry, and improvements in the country's road transport network as a result of increased urbanisation and population. All of these factors also positively impact the nation's soaring demand for construction equipment. Due to the increasing rate of urbanisation, commuters use a variety of private and public transit options, which increases traffic in major cities. As a result, the French government has made the construction of road infrastructure a top priority. Alongside that, improvements in cross-border road connectivity represent another significant area for augmenting a country's commerce environment. There is therefore a huge need for construction equipment in the nation as a result of the government's increased focus on building the nation's road infrastructure network.
The high cost of equipment replacement and maintenance, which puts a strain on construction enterprises and equipment rental businesses, is one of the biggest issues facing the French construction equipment market. Due to its extended operation and ongoing need to support large weights, this equipment experiences wear and tear that need routine maintenance inspections and, in the worst situations, total replacement. As a result, the cost of operations for construction companies and equipment rental businesses that own these machines is increased since they must invest large quantities of money to ensure that the machinery is always running efficiently. In addition, decreased steel and other raw material production as a result of lowering prices has a detrimental effect on the French market's demand for construction equipment. Furthermore, due to the lack of raw materials, the country's real estate sector is negatively impacted by the declining production. This makes it more difficult for construction companies to meet project completion deadlines, which further impairs the growth potential for the construction equipment market.
Market Competitive Landscape
France's construction equipment market, which is home to a wide range of multinational corporations, is fragmented and competitive. The major key players in the France Construction Equipment Market are: Caterpillar, Hitachi Construction Machinery, Hyundai Construction Equipment, JCB, Kobelco, Komatsu, Konecranes, Kubota, Liebherr, Manitou Group, Takeuchi, Toyota Material Handling, Volvo Construction Equipment, Xuzhou Construction Machinery Group (XCMG), Yanmar, Others. These businesses either have established production plants across the nation or work through dealership networks.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Drive Type, By Equipment Type
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| Regions covered | Central Region, Eastern Region, Northern Region, Southern Region, Western Region
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| Companies Covered | Caterpillar, Hitachi Construction Machinery, Hyundai Construction Equipment, JCB, Kobelco, Komatsu, Konecranes, Kubota, Liebherr, Manitou Group, Takeuchi, Toyota Material Handling, Volvo Construction Equipment, Xuzhou Construction Machinery Group (XCMG), Yanmar, Others
|
COVID-19 Impact on France Construction Equipment Market
The French market for construction equipment was greatly impacted by the COVID-19 outbreak. Tight lockdown protocols and supply chain interruptions caused construction activities to be disrupted, resulting in project cancellations and delays. Further impeding market growth were concerns around the pace of economic recovery and decreased investment in infrastructure projects. However, the market for construction equipment gradually recovered as limitations relaxed and economic activity picked back up. Furthermore, in spite of persistent difficulties, there were some prospects for market resuscitation thanks to the government's stimulus plans and the heightened focus on infrastructure construction.
Key Target Audience:
- Construction Companies
- Contractors
- Civil Engineering Firms
- Rental Agencies
- Government Agencies (for infrastructure projects)
- Real Estate Developers
- Heavy Equipment Dealerships
- Construction Equipment Manufacturers
- Financial Institutions (providing loans or financing for equipment purchases)
- Others
Our in-depth analysis of the France Construction Equipment Market includes the following segments:
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By Drive Type:
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Electric/Hybrid
Hydraulic
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|
By Equipment Type:
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Earthmoving Equipment
Road Construction
Material Handling
Other Construction Equipment
|
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By Region:
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Eastern
Western Region
Northern
Southern
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Key Topics Covered in the Report:
- France Construction Equipment Market Size (FY’2024-FY’2033)
- Overview of France Construction Equipment Market
- Segmentation of France Construction Equipment Market By Drive Type (Electric/Hybrid, Hydraulic)
- Segmentation of France Construction Equipment Market By Equipment Type (Earthmoving Equipment, Road Construction, Material Handling, Other Construction Equipment)
- Statistical Snap of France Construction Equipment Market
- Expansion Analysis of France Construction Equipment Market
- Problems and Obstacles in France Construction Equipment Market
- Competitive Landscape in the France Construction Equipment Market
- Impact of COVID-19 and Demonetization on France Construction Equipment Market
- Details on Current Investment in France Construction Equipment Market
- Competitive Analysis of France Construction Equipment Market
- Prominent Players in the France Construction Equipment Market
- SWOT Analysis of France Construction Equipment Market
- France Construction Equipment Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the France Construction Equipment Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. France Construction Equipment Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in France Construction Equipment Market
7. France Construction Equipment Market, By Drive Type (USD Million)
7.1. France Construction Equipment Market Value Share and Forecast, By Drive Type, 2024-2033
7.2. Electric/Hybrid
7.3. Hydraulic
8. France Construction Equipment Market, By Equipment Type (USD Million)
8.1. France Construction Equipment Market Value Share and Forecast, By Equipment Type, 2024-2033
8.2. Earthmoving Equipment
8.2.1. Backhoe Loaders
8.2.2. Excavators
8.2.3. Motor Graders
8.2.4. Other Earthmoving Equipment
8.3. Road Construction
8.3.1. Road Rollers
8.3.2. Asphalt Pavers
8.4. Material Handling
8.4.1. Cranes
8.4.2. Forklift & Telescopic Handlers
8.4.3. Other Material Handling Equipment
8.5. Other Construction Equipment
8.5.1. Concrete Pump Trucks
8.5.2. Dumpers
8.5.3. Tippers
9. France Construction Equipment Market Forecast, 2020-2033 (USD Million)
9.1. France Construction Equipment Market Size and Market Share
10. France Construction Equipment Market, By Drive Type, 2020-2033 (USD Million)
10.1. France Construction Equipment Market Size and Market Share By Drive Type (2020-2026)
10.2. France Construction Equipment Market Size and Market Share By Drive Type (2027-2033)
11. France Construction Equipment Market, By Equipment Type, 2020-2033 (USD Million)
11.1. France Construction Equipment Market Size and Market Share By Equipment Type (2020-2026)
11.2. France Construction Equipment Market Size and Market Share By Equipment Type (2027-2033)
12. France Construction Equipment Market, By Region, 2020-2033 (USD Million)
12.1. France Construction Equipment Market Size and Market Share By Region (2020-2026)
12.2. France Construction Equipment Market Size and Market Share By Region (2027-2033)
12.3. Central Region
12.4. Eastern Region
12.5. Northern Region
12.6. Southern Region
12.7. Western Region
13. Company Profile
13.1. Caterpillar
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. Hitachi Construction Machinery
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. Hyundai Construction Equipment
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. JCB
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. Kobelco
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. Komatsu
13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent developments
13.7. Konecranes
13.7.1. Company details
13.7.2. Financial outlook
13.7.3. Product summary
13.7.4. Recent developments
13.8. Kubota
13.8.1. Company details
13.8.2. Financial outlook
13.8.3. Product summary
13.8.4. Recent developments
13.9. Liebherr
13.9.1. Company details
13.9.2. Financial outlook
13.9.3. Product summary
13.9.4. Recent developments
13.10. Manitou Group
13.10.1. Company details
13.10.2. Financial outlook
13.10.3. Product summary
13.10.4. Recent developments
13.11. Takeuchi
13.11.1. Company details
13.11.2. Financial outlook
13.11.3. Product summary
13.11.4. Recent developments
13.12. Toyota Material Handling
13.12.1. Company details
13.12.2. Financial outlook
13.12.3. Product summary
13.12.4. Recent developments
13.13. Volvo Construction Equipment
13.13.1. Company details
13.13.2. Financial outlook
13.13.3. Product summary
13.13.4. Recent developments
13.14. Xuzhou Construction Machinery Group (XCMG)
13.14.1. Company details
13.14.2. Financial outlook
13.14.3. Product summary
13.14.4. Recent developments
13.15. Yanmar
13.15.1. Company details
13.15.2. Financial outlook
13.15.3. Product summary
13.15.4. Recent developments
13.16. Others
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
