Benelux Construction Equipment Markets, 2023-2024 & 2029 with Caterpillar, Komatsu, Liebherr, Volvo CE, Hitachi Construction Machinery, and SANY Leading [Yahoo! Finance]
HITACHI LTD ADR (HTHIY)
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Source: Yahoo! Finance
Assessment & Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering. The Benelux construction equipment market size by volume is expected to reach 86,455 units by 2029 from 71,995 units, growing at a CAGR of 3.10% from 2023-2029 Caterpillar, Komatsu, Liebherr, Volvo CE, Hitachi Construction Machinery, and SANY are the Benelux construction equipment market leaders. These companies have substantial market share and offer diverse equipment. Liugong and CNH Industrial are niche players in the Benelux construction equipment market. These companies offer low product diversification and have a strong presence in the Benelux local market. Governments are focusing on mining projects in Belgium and the Netherlands. Benelux countries are primarily investing in the mining of tin, nickel, cobalt, and bauxite in response to the rise in the global demand for electric construction equipment. Some significant construction projects are under progress in the Netherlands.
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