According to Arizton’s latest research report, the France crawler excavator market is growing at a CAGR of 2.60% during 2023-2029.
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Report Scope
Market Size – Volume (2029): 19.9 Thousand Units
Market Size – Volume (2023): 17 Thousand Units
CAGR - Volume (2023-2029): 2.60%
Market Size - Revenue (2029): USD 737.7 Million
Historic Year: 2020-2022
Base Year: 2023
Forecast Year: 2024-2029
Market Segmentation: Size, Gross Power, and End Users
The Increasing Demand for Mini Excavators in France Booming Market Growth
The French market for mini excavators is experiencing robust demand, driven by increased investments in public infrastructure and road renovation projects. Mini excavators are popular for their versatility and efficiency in residential, road maintenance, and landscaping tasks. Their compact size allows for smoother transport and operation within urban areas than larger excavators. This rising trend is further supported by recent introductions of new models by manufacturers, such as Takeuchi, which planned to launch a new mini excavator in the French market in 2023.
Investments in the Grand Paris Express Project & Olympics 2024
The French government is poised to significantly boost its investment in sports and infrastructure as part of its preparations for the Paris 2024 Olympics. A major initiative includes a $200 million investment to construct 5,000 new sports facilities by the start of the Games. This development plan encompasses 1,000 multi-sports athletic complexes, 500 tennis courts, and 500 basketball courts. Additionally, funds are being allocated to enhance public infrastructure and expand hotel accommodations to host international athletes and media better. Concurrently, the Grand Paris Express Project is advancing, with a $28.1 billion investment in 2023 to connect Paris with the Île-de-France region through a new 200-kilometer metro line. This extensive project includes the construction of 77 new stations and is expected to be completed by 2030. The combined surge in investments for sports facilities, hospitality, and the Grand Paris Express Project is anticipated to drive increased demand for construction equipment, particularly excavators, in the French market.
France Crawler Excavator Market Dynamics
Drivers
- Investment in Infrastructure Projects
- Housing Renovation Projects
- Investment for Olympics 2024
Trends
- Thermal Insulation of Building
- Surge in Demolition Excavator Demand
- Rise in Mid-Sized Wheeled Loaders Sales
Challenges
- Reduce in Mining Projects
- Focus on Low Carbon Emission
- Rise in Building Material Prices
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Prominent Vendors
- Caterpillar
- Komatsu
- Xuzhou Construction Machinery Group (XCMG)
- Liebherr
- Volvo Construction Equipment
- Hitachi Construction Machinery
- JCB
- SANY
- Kobelco
- Hyundai Construction Equipment
- Yanmar
- Wacker Neuson
- Takeuchi Manufacturing
- Kubota
- Bobcat
- Mecalac
- SENNEBOGEN
Distributor Profiles
- M3
- Avlo Group
- COBEMAT
- Mini BTP
- SODINEG
- Blanchard BTP
- Bouchard Manutention
Segmentation by Crawler Excavator
- Size
- Mini Excavator
- Small Excavator
- Medium Excavator
- Large Excavator
- Gross Power
- Less Than 60 HP
- 60 HP -100 HP
- 101 HP-200 HP
- Above 200 HP
Segmentation by End Users
- Construction
- Mining
- Agriculture
- Forestry
- Others (Power Generation, Utilities Municipal Corporations, Oil & Gas, Cargo Handling, Power Generation Plants, Waste Management)
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Key Questions Answered in the Report:
How big is the France crawler excavator market?
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