PUBLISHED DATE : Aug 2022 | Pages : 105
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Poland Construction Equipment Market Research Report includes segments by
The industry Analysis Report Provides Industry Trends, Drivers, Opportunities, Competitive Outlook, Market Size, Sales, and Growth Forecast 2022-2028
105 Pages
16 Tables
62 Charts
1 Regions
1 Countries
21 Companies
4 Market Segment
| Report Attribute | Details |
|---|---|
| Market Size (2028) | USD 2.01 Billlion |
| Market Size (2021) | USD 1.50 Billion |
| CAGR (2021-2028) | 4.34% |
| Market Size (Volume) | 43,683 Units (2028) |
| Historic Year | 2019-2020 |
| Base Year | 2021 |
| Forecast Year | 2022-2028 |
| TYPE | Earthmoving Equipment, Road Construction Equipment, and Material Handling Equipment |
| END-USERS | Construction, Manufacturing, Mining, and Others |
| KEY VENDORS | Caterpillar, Volvo Construction Equipment, Liebherr, XCMG, JCB, Komatsu, Manitou, Hyundai Construction Equipment, Wacker Neuson & CNH Industrial |
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, growing at a CAGR of 4.34% from 2021 to 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 prominent factors that will drive the growth of Poland's construction equipment during the forecast period (2022-2028).
Investment in Transport Infrastructure & Renewable Energy Projects
In 2020, COVID-19 negatively impacted Poland’s economy; it contracted by 2.5% due to the lockdown situation in the country. The decline in economic activities adversely impacted the construction sector, which declined by 3.5% in 2020.
Despite the downfall, the economy witnessed significant growth in 2021; it grew by 4.8% in 2021. A surge in railways & road project investment supported the economic recovery process in 2021. The Polish government invested $44.6 billion in roads & railways projects. In addition, the government invested $735 million in renewable energy projects in 2021. Strong recovery is expected in 2022, and upward growth is projected during the forecast period due to ongoing government projects in transport & renewable energy.
Some of the significant under-construction infrastructure projects include:
Adoption of Automation Technology & Green Hydrogen Fuel Technology in Construction Equipment
Poland is experiencing severe labor shortages in construction, manufacturing, and mining industries because of the COVID-19 outbreak. Because of the workforce shortage, new construction equipment with advanced technologies is highly demanded to improve worker efficiency and reduce labor dependency. Hitachi, for instance, has introduced wheel loaders and excavators with automation, smart operating technology, and the ConSite Hitachi Comprehensive Machine Management support system.
Companies are introducing green hydrogen fuel technology to replace conventional fuel-powered equipment. Demand for construction equipment equipped with green hydrogen fuel technology is expected to grow in the country as the Polish government aims to reduce fossil fuel dependency by 2030. Major OEMs in the country, such as Caterpillar, are developing construction equipment that has green hydrogen technology.
Growth in Infrastructure & Renewable Energy Projects In 2021
The Polish government increased infrastructure investment to improve economic activities to subdue the negative impact of COVID-19 on the economy. $44.6 billion investment was allocated for developing roads & railways across the country. In addition, the European Union granted $39 billion under Recovery & Resilience Plan (2021-2026). The funds were planned to direct the development of digital transformation & clean energy production.
The government invested $735 million in 2021 for various solar & wind energy projects nationwide. The country witnessed an increase in the number of solar projects for achieving the target of 7.8GW of solar capacity by 2030 under the National Plan for Energy & Climate. Government initiatives such as auction schemes & incentives for rooftop installation of Solar cells are expected to drive the growth of the renewable energy industry in the country. By 2027, the government aims to increase offshore wind power generation capacity by 6 GW.
Frequently Asked Questions
What is the growth rate of Poland construction equipment market?
The Poland construction equipment market size is expected to grow at a CAGR of 4.34% from 2021-2028.
How big will be the Poland construction equipment market size by 2028?
Poland's construction equipment market is estimated to reach $2.01 billion by 2028.
Who are the key players in the Poland construction machinery market?
Caterpillar, Volvo Construction Equipment, Liebherr, XCMG, JCB, Komatsu, Manitou, Hyundai Construction Equipment, and CNH Industrial.
How many units of construction equipment will be sold in 2028?
The Poland construction equipment market can witness around 43,683 units of construction equipment will be sold in 2028.
What are the latest trends impacting the growth of the Poland construction equipment market?
Poland's construction equipment market trends can be noted in the form of green hydrogen-fuelled construction equipment and labor shortage to increase demand for construction equipment with automation & innovative operation in technology.
The Poland construction equipment market is expected to grow at a CAGR of approximately 4.34% from 2022 to 2028.
The following factors are likely to contribute to the growth of the Poland construction equipment market during the forecast period:
Base Year: 2021
Forecast Year: 2022-2028
The report considers the present scenario of the Poland construction equipment market and its market dynamics for 2022−2028. It covers a detailed overview of several market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the market. It also profiles and analyzes leading companies and several other prominent companies operating in the market.
Key Vendors
Other Prominent Vendors
Distributors Profiles
Segmentation by Type
Section1 – Introduction
• Market Snapshot
• Executive Summary
Section 2 – The Market Overview
Economic Scenario, Foreign Direct Investment
Section 3 – Poland Construction Equipment (Type & Application)
3.1 Poland Construction Equipment Market by Type (Volume & Value)
3.1.1. Earth Moving Equipment
3.1.2 Material Handling Equipment
3.1.3. Road Construction Equipment
3.2 Poland Construction Equipment Market by End User (Volume & Value)
Section 4: Market Dynamics
Market Drivers, Restraints, Trends, Key Economic Regions in Brazil, Advantage Brazil, FDI in Brazil, Import/Export Trend Analysis, Supply chain, COVID-19 Impact
Section 5: Technology Development
Advent of New Technology
Section 6 – Competitive Landscape
Section 7-Quantitative Summary
Section 8 – Report Summary
1. Key Insights
LIST OF EXHIBITS
Graph-1 Poland Construction Equipment Market by Volume 2019-2028 (Unit Sales)
Graph-2 Construction Equipment Market in Poland by Type, 2021 (% Volume Share)
Graph-3 Poland Construction Equipment Market by Volume, 2019-2028 (Unit Sales)
Graph-4 Poland Construction Equipment Market by Value, 2019-2028 ($ MN)
Graph-5 Poland Construction Equipment Market by End User, 2021 (%)
Graph-6 Poland Construction Equipment Market by Type, 2019-2028 (Unit Sales)
Graph-7 Poland GDP, 2016-2021 ($ BN)
Graph-8 GDP By Sector In 2020
Graph-9 Foreign Direct Investment, Net Inflow, 2016-2020 ($ BN)
Graph-10 Poland Construction Equipment Market by Type, 2019-2028 (Unit Sales)
Graph-11 Poland Construction Equipment Market by Type 2021 (% Volume Share)
Graph-12 Poland Construction Equipment Market by End User, 2019- 2028 (Unit Sales)
Graph-13 Poland Earthmoving Equipment Market, 2019–2028 (Unit Sales)
Graph-14 Poland Earthmoving Equipment Market, 2019–2028 ($ MN)
Graph-15 Poland Excavator Market, 2019–2028 (Unit Sales)
Graph-16 Poland Excavator Equipment Market, 2019–2028 ($ MN)
Graph-17 Poland Backhoe Loader Market, 2019–2028 (Unit Sales)
Graph-18 Poland Backhoe Loader Equipment Market, 2019–2028 ($ MN)
Graph-19 Poland Motor Grader Market, 2019–2028 (Unit Sales)
Graph-20 Poland Motor Grader Market, 2019–2028 ($ MN)
Graph-21 Poland Other Earthmoving Equipment Market, 2019–2028 (Unit Sales)
Graph-22 Poland Other Earthmoving Equipment Market, 2019–2028 ($ MN)
Graph-23 Poland Material Handling Equipment Market, 2019–2028 (Unit Sales)
Graph-24 Poland Material Handling Equipment Market, 2019–2028 ($ MN)
Graph-25 Poland Forklift and Telescopic Handler Market, 2019–2028 (Unit Sales)
Graph-26 Poland Forklift and Telescopic Handler Market, 2019–2028 ($ MN)
Graph-27 Poland Crane Market, 2019–2028 (Unit Sales)
Graph-28 Poland Crane Market, 2019–2028 ($ MN)
Graph-29 Poland Aerial Platforms Market, 2019–2028 (Unit Sales)
Graph-30 Poland Aerial Platforms Market, 2019–2028 ($ MN)
Graph-31 Poland Road Construction Equipment Market, 2019–2028 (Unit Sales)
Graph-32 Poland Road Construction Equipment Market, 2019–2028 ($ MN)
Graph-33 Poland Road Roller Market, 2019–2028 (Unit Sales)
Graph-34 Poland Road Roller Market, 2019–2028 ($ MN)
Graph-35 Poland Asphalt Paver Market, 2019–2028 (Unit Sales)
Graph-36 Poland Asphalt Paver Market, 2019–2028 ($ MN)
Graph-37 Poland Construction Equipment Market by Construction, 2019–2028 (Unit Sales)
Graph-38 Poland Construction Equipment Market by Construction, 2019–2028 ($ MN)
Graph-39 Poland Construction Equipment Market by Manufacturing, 2019–2028 (Unit Sales)
Graph-40 Poland Construction Equipment Market by Manufacturing, 2019–2028 ($ MN)
Graph-41 Poland Construction Equipment Market by Mining, 2019–2028 (Unit Sales)
Graph-42 Poland Construction Equipment Market by Mining, 2019–2028 ($ MN)
Graph-43 Poland Construction Equipment Market by Others, 2019–2028 (Unit Sales)
Graph-44 Poland Construction Equipment Market by Others, 2019–2028 ($ MN)
Graph-45 Import Value of Construction Equipment from Major Countries, 2021 ($ MN)
Graph-46 Export Value of Construction Equipment to Major Countries, 2019 ($ MN)
Graph-47 Production Share Subsectors of Construction In 2020
Graph-48 Market Share Leaders & Other Vendors, 2021 (%)
Graph-49 Caterpillar: Total Revenue, 2018-2021 ($ BN)
Graph-50 Caterpillar: Sales by Region, 2020 (% Share)
Graph-51 Caterpillar: Total Revenue by Segment, 2020 (% Share)
Graph-52 Volvo: Construction Equipment Net Sales, 2016-2021 ($ BN)
Graph-53 Volvo: Share of Net Sales by Market, 2021 (% Share)
Graph-54 Volvo: Share of Net Sales by Segment, 2021 (% Share)
Graph-55 Liebherr: Total Revenue, 2018-2020 (% Share)
Graph-56 Liebherr: Revenue by Region (% Share)
Graph-57 Liebherr: Total Revenue by Product Segment, 2020 (% Share)
Graph-58 Komatsu: Consolidated Net Sales, 2018-2020 ($BN)
Graph-59 Komatsu: Construction, Mining and Utility Equipment Business, Sales by Region 2020 (% Share)
Graph-60 Komatsu: Breakdown of Net Sales by Segment, 2020 (% Share)
Graph-61 Hyundai: Revenue (2018–2020) ($BN)
Graph-62 Hitachi: Revenue 2019-2021 ($BN)
LIST OF TABLES:
Table-1 Top 3 Countries with Greenfield Projects
Table-2 Major Invested Sectors, 2019 (%)
Table-3 Investments in Poland, 2018–2020
Table-4 Largest Construction Projects Initiated in Q4 2021
Table-5 Poland Construction Equipment Market by Volume 2019-2028 (Volume, Units)
Table-6 Poland Construction Equipment by Type 2019-2018 (Volume, Units)
Table-7 Poland Earth Moving Equipment Market Size & Forecast, By Type (Volume, Units)
Table-8 Poland Material Handling Equipment Market Size & Forecast, By Type (Volume, Units)
Table-9 Poland Road Construction Equipment Market Size & Forecast, By Type (Volume, Units)
Table-10 Poland Construction Equipment Market Size & Forecast, By End User (Units)
Table-11 Poland Construction Equipment Market by Value 2019-2028 (Value, $ MN)
Table-12 Poland Construction Equipment by Type 2019-2018 (Value, $ MN)
Table-13 Poland Material Handling Equipment Market Size & Forecast, By Type (Value, $ MN)
Table-14 Poland Earth Moving Equipment Market Size & Forecast, By Type (Value, $ MN)
Table-15 Poland Road Construction Equipment Market Size & Forecast, By Type (Value, $ MN)
Table-16 Poland Construction Equipment Market Size & Forecast, By End User
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