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The Germany construction equipment market size was worth USD 14.60 billion in 2024. The market is projected to grow from USD 15.57 billion in 2025 to USD 24.57 billion by 2032, exhibiting a CAGR of 6.7% during the forecast period.
Increased investment in infrastructure, growing urbanization and housing demand, upgradation and maintenance of port infrastructures, supported by regulatory policies is set to meet the market demand for construction equipment. Although, the market witnessed slow growth in 2024, owing to several factors such as increased competition and unprecedented geopolitical scenarios. However, the market is expected to gain its momentum in the coming years, owing to government-backed incenti=ve programs that are boosting the unit sales of technology-integrated and energy-efficient equipment in the country.
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Renewable energy plants witnessed significant investment in 2023, with more than 70% year-on-year growth in comparison to 2022. Construction of solar plants, onshore and offshore wind power plants, to increase the volume sales of earthmoving and other construction equipment market share.
Compact Machinery with Integrated Technology is Gaining Significant Market Traction
Demand for smart equipment is rising across the country as a result of sustainability targets, stringent emissions policies, and an incentivized structure for battery-operated construction equipment. Growing urban density and increasing residential and road construction are driving the market demand for compact machines with telematics integration. Furthermore, predictive maintenance tools and fleet management systems provided by construction equipment manufacturers are also accelerating the construction equipment market growth.
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Year-over-Year growth of residential units in the country to drive the market demand for construction machinery, including concrete mixers, wheeled loaders, etc. The stock of dwellings rose by 5.7% in 2020 in comparison to 2010.
Key takeaways· In the type segmentation, earthmoving equipment accounted for more than 57% of the market in 2024. · In the application segment, the industrial sector is projected to grow at a CAGR of 7.3% in the forecast period. |
Investment in Renewable Energy and Infrastructure Development to Drive the Market Demand
Expansion of existing public infrastructure, investment in transit solutions such as highway networks, and increasing renewable energy projects to significantly bolster the Germany construction equipment market growth . Projects such as Fehmarn Belt link, Autobahn A1, A7, A100 Upgrades, Cuxhaven Offshore Terminal Expansion, Stuttgart 21 Railway Overhaul, etc., are all aimed at boosting the market growth for construction sites preparation, tunneling, and material handling machines.
Limited Skilled Workforce and Slow Economic Growth Might Pose a Challenge to Market Growth
Germany’s market demand for construction equipment might pose a challenge in coming years owing to volatile political scenarios, unprecedented trade tariffs, and sourcing challenges. Limited skilled workforce further hinders the overall productivity and adoption of new machinery and equipment across the country.
Based on equipment type, the market is divided into earthmoving equipment, material handling equipment & cranes, concrete equipment, road building equipment, civil engineering equipment, crushing and screening equipment, and other equipment.
Expansion of manufacturing facilities, renewable energy megaprojects, investment in transit infrastructure, and urban redevelopment projects are significantly driving the market demand for earthmoving equipment owing to its wide array of applications. Earthmoving equipment dominates the market as a result of site preparation, excavation, highway construction, energy, and utility projects.
Expansion of logistics and industrial facilities, ports, and offshore logistics facilities are significantly expected to drive the growth of material handling equipment segment, including forklifts, reach trucks, cranes, etc. European players in the market are collaborating with rental companies to expand their product offerings across the country.
Based on the application, the market is categorized into residential, commercial, and industrial.
Residential application to dominate Germany construction equipment market share due to growing demand for houses and apartments, high demand for affordable housing, and government-funded residential projects.
The industrial sector is expected to witness the highest growth rate during the forecast period, owing to investments in energy and renewable projects, and rising demand for warehouses driven by e-commerce.
Wirtgen Group, John Deere, and Liebherr are a few of the top players, making the German market moderately fragmented in nature. They are introducing technology-integrated equipment, establishing brand presence, a strong dealer and distributor network, and a collaboration strategy to drive the growth of the construction equipment market.
The Germany construction equipment market report provides a detailed analysis of the market. It focuses on market dynamics and key industry developments, such as mergers and acquisitions. Additionally, it includes information about the growth in earthmoving equipment, concrete and material handling equipment, and applications. Besides this, the report also offers insights into the latest industry trends and the impact of various factors on the demand for construction equipment.
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ATTRIBUTE |
DETAILS |
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Study Period |
2019-2032 |
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Base Year |
2024 |
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Estimated Year |
2025 |
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Forecast Period |
2025-2032 |
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Historical Period |
2019-2023 |
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Growth Rate |
CAGR of 6.7% from 2025 to 2032 |
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Unit |
Value (USD Billion) |
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Segmentation |
By Equipment Type · Earthmoving Equipment · Material Handling Equipment and Cranes · Concrete Equipment · Road Building Equipment · Civil Engineering Equipment · Crushing and Screening Equipment · Other Equipment |
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By Application · Residential · Commercial · Industrial |
Fortune Business Insights says that the U.S. market was worth USD 14.60 billion in 2024.
The market is expected to exhibit a CAGR of 6.7% during the forecast period.
By equipment type, the earthmoving equipment segment is set to lead the market.
Wirtgen Group, John Deere, and Liebherr are the leading players in the market.
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