Reportstack has announced a new market research publication on Construction Equipment Market in Europe which finds Mini Excavators dominate more than 30 percent of this market. The analysis is for the forecast period 2014-2018.
As per research analysis, The Mini Excavators market in Europe will be reaching US$4,247.13 million by 2018, growing at a CAGR of 0.58 percent during the forecast period. This growth is due to several factors like increasing public infrastructure projects, increasing demand for skid-steer loaders and the rising need for replacing older construction equipment’s.
Overall, the Western European countries such as Germany, the UK, France, and Italy dominate this market, as it is one of the most stable equipment markets in Europe and the growth from this region will continue in future.
To determine the scenario for these vendors in the next 3-4 years, the analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentation, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
To view the table of contents and know more details please visit http://www.reportstack.com/product/150087/construction-equipment-market-in-europe-2014-2018.html
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