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The Used Construction Equipment Market Booming in Poland - Around 25K Units to be Sold by 2028 - Arizton
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Key Highlights of the Report
The surge in infrastructure investment under the Nation Recovery Plan is expected to drive economic recovery. In 2021, the European Union granted
USD 24.9 billion under its Recovery & Resilience Program. Additionally, in 2021, the Polish government unveiled its plans to invest
USD 44.6 billion in the development of roads and railways. There has been a considerable rise in investment in the country's renewable energy sector, as indicated by a grant of
USD 735 million for solar & wind projects. Also, the government planned to invest
USD 3 billion under the National Railways Program. Thus, the growth of transport infrastructure & renewable energy sectors is expected to propel the demand for earthmoving equipment, such as excavators & loaders in
Poland's used construction equipment market.
In 2021, the Polish government introduced Energy Policy 2040 to develop the renewable energy market. The government aims to increase solar & wind capacity by 32% by 2030. In addition, the country also planned National Energy and Climate Plan for 2021–2030 and aims to achieve ~23% of energy production by renewable resources. According to the Institute of Renewable Energy, Poland's Solar photovoltaic capacity in 2022 exceeded 10 GW in May and is expected to reach 12 GW by the end of the year. The country aims to increase solar capacity to 20 GW by 2025. These steps of the nation toward renewable energy will propel the growth of Poland used construction equipment market.
In 2022, the Polish government doubled the investment in the railway's development plan. Nearly
USD 2.1 billion will be allocated for constructing 1,200 kilometers of railway lines across
Poland in 2022. The government also planned to invest
USD 75 billion under the National Railways Program in 2021; this program is focused on developing 230 infrastructure projects in railways sectors and the upgradation of 8,999 kilometers of railways lines. The railway's development projects are dedicated to modernizing southern Poland's Chorzow-Zdunska Wola region and linking seaports in the Gdansk, Swinoujscie, & Gdynia region of the country. Such railway development projects will boost
Poland used construction equipment market growth.
The country is also investing in improving roadways and planning to build 100 ring roads from 2020-2030 across the nation. A fund of USD 5.9 billion was allocated for developing 820 kilometers of ring roads across the country in 2020. Growing transport infrastructure is expected to drive demand for earthmoving & road construction equipment in Poland used construction equipment market.
The Industry Analysis Report Provides Industry Trends, Drivers, Opportunities, Competitive Outlook, Market Size, Sales, and Growth Forecast for 2022-2028; click to download the free sample report now:
France Used Construction Equipment Market - Strategic Assessment & Forecast 2022-2028: France used construction equipment market was estimated at over 17k units in 2021 and expected to reach 21,058 units by 2028. The demand for demolition excavators increases in the French market due to their use in rebuilding and renovation projects. Crawler excavators with high greater durability are used for demolition. Hitachi Construction Machinery in Europe sells crawler excavators designed solely for demolition. Various online portals and companies such as Via-Mobilis, Ritchie bros, Equippo, & truck1 are offering used demolition equipment in the French market. Liebherr, Hitachi & Kobelco majorly offer demolition excavators in the French market. The demand for these excavators is expected to grow due to rising redevelopment and renovation projects across the country.
Germany Used Construction Equipment Market - Strategic Assessment & Forecast 2022-2028: Germany used construction equipment market by units sold is expected to reach 28,664 by 2028. Renting and leasing companies have a strong presence in Germany which can hamper the demand for used construction machinery. Zeppelin GmbH and HKL Baumaschinen GmbH hold the largest market share in construction equipment rental & leasing in Germany . The renting companies in Germany provide a wide range of construction equipment. They are providing trained operators for operating rented equipment. Other construction equipment rental companies are also providing logistics & insurance facilities to attract customers.
Poland Construction Equipment Market – Strategic Assessment & Forecast 2022-2028: The Poland construction equipment market was valued at USD 1.50 billion by 2021 and is expected to reach USD 2.01 billion by 2028. Poland construction equipment market share by units is expected to reach 43,683 by 2028. Polish government investment in infrastructure development projects and European Union funding under the recovery & resilience program are some prominent factors that will drive the growth of Poland's construction equipment during the forecast period (2022-2028).
France Crane Market - Strategic Assessment & Forecast 2021-2027: The France crane market size will be valued at USD 1.5 billion and reach a volume of 5566 units by 2027. Several proposals to develop and modernize significant airports in France , with an estimated expenditure of USD 1.3 billion , are expected to boost the crane industry. Vendors such as KOBELCO have developed a new crawler crane equipped with a system for improving fuel consumption and reducing CO2 emissions. France's crane industry players are focusing on innovative technologies to intensify the competition. For instance, Palfinger Marine, an Austrian deck equipment manufacturer, has been awarded a contract to supply 71 fixed boom cranes to build the 500-MW Fecamp offshore wind farm in French waters.
Table of Content
1.1. Market Snapshot
1.2. Executive Summary
2.1. Economic Scenario, Major Infrastructure Projects
3.1. Poland Used Construction Equipment Market by Type (Volume & Value)
3.1.1. Earth Moving Equipment
3.1.1.1. Excavator
3.1.1.2. Backhoe Loader
3.1.1.3. Motor Grader
3.1.1.4. Other Earth Moving Equipment (Other Loaders, Bulldozers, Trenchers, etc.)
3.1.2. Material Handling Equipment
3.1.2.1. Crane
3.1.2.2. Forklift and Telescopic Handler
3.1.2.3. Aerial Platform (Articulated Boom lifts, Telescopic Boom lifts, Scissor Lifts, etc.)
3.1.3. Road Construction Equipment
3.1.3.1. Road Roller
3.1.3.2. Asphalt Paver
3.2. Poland Used Construction Equipment Market by Application (Volume & Value)
3.2.1. Construction
3.2.2. Mining
3.2.3. Manufacturing
3.2.4. Others (Power Generation, Utilities Municipal Corporations, Oil & Gas, Cargo Handling, Power Generation Plants, Waste Management, etc.)
4.1. Market Drivers, Restraints, Trends, Advantage Poland, Key Economic Regions, Advantage of Used Equipment, Inception of Used Equipment, Pricing of Used Construction Equipment Supply Chain Analysis, COVID-19 Impact
5.1. Advent of New Technology
6.1. Competitive Landscape Overview
6.2. Major Vendors (Caterpillar | Volvo Construction Equipment| Komatsu | Hitachi Construction Machinery | Manitou | Liebherr | Hyundai Construction Equipment | JCB | Kobelco| TUR Poland | XCMG | Liu Gong | Yanmar)
6.3. Other Prominent Vendors
6.4. Auctioneer Profile
6.5. Distributors Profile
8.1. Key Insights
8.2. Abbreviations
8.3. List of Graphs
8.4. List of Tables
9.1. Research Methodology
9.2. Research Objective
9.3. Market Definition, Inclusion & Exclusion
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