According to Arizton’s latest research report, the Netherlands construction equipment market is growing at a CAGR of 5.52% during 2023-2029.
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Report Scope:
Market Size – Volume (2029): 18.66 Thousand Units
Market Size – Volume (2023): 13.52 Thousand Units
CAGR – Volume (2023-2029): 5.52%
Market Size – Revenue (2029): $1.27 Billion
Historic Year: 2020-2022
Base Year: 2023
Forecast Year: 2024-2029
Market Overview
In 2023, earthmoving equipment, particularly excavators, dominated the Netherlands construction equipment market, driven by investments in public infrastructure renovation. The demand for material handling equipment also rose due to the growing number of wind power projects and the expansion of warehouses and logistics parks. Road rollers saw high sales, spurred by the renovation and expansion of public transit and airports, such as the ongoing major maintenance of the N210 in Lopik.
Looking ahead, Utrecht plans a significant residential expansion with over 5,000 new homes in the works by 2025, contributing to growth in the construction industry. Despite a 2.5% decrease in output in 2024, the sector is expected to recover in 2025, with technological innovations like prefabricated construction and digital building models boosting efficiency and productivity.
The Netherlands is facing a nitrogen crisis, prompting the introduction of a subsidy program for clean and emission-free construction equipment, offering financial support for greener machinery. However, economic challenges such as inflation, rising interest rates, and a global slowdown have impacted the industry. The country also continues to grapple with a severe housing shortage, which is projected to worsen before improving after 2027.
Geographical Overview
North Holland plays a vital role in the Dutch economy, with Amsterdam hosting around 3,100 international firms. A major infrastructure project, the SG-Amsterdam Schiphol Airport Expansion, valued at $500 million, is set to be completed by 2026, making it the second-largest project in the region.
Between 2020 and 2023, two wind farms were constructed in the Borssele wind farm zone, with plans for three more off the coasts of Noord-Holland and Zuid-Holland. From 2024 to 2031, additional wind farms will be developed in various zones, including Hollandse Kust, Ten Noorden van de Waddeneilanden, IJmuiden Ver, Nederwiek, and Doordewind, contributing to the region’s growing renewable energy sector.
Rotterdam, a key economic driver in South Holland, is witnessing several major construction projects at the Port of Rotterdam. One significant development is the Portlantis project, set to open in 2025 on Maasvlakte 2. This 3,500-square-meter center will span five floors and highlight the port’s operations, innovations, and sustainability efforts.
In addition, the Porthos project aims to create the Netherlands’ first large-scale CO₂ transport and storage system. By 2026, Porthos will capture CO₂ emissions from industries in Rotterdam, transport it through an onshore pipeline, and store it in depleted North Sea gas fields. The initiative is expected to store up to 2.5 million tons of CO₂ annually, supporting EU climate goals and laying the foundation for a broader Northwestern European CO₂ network.
Recent Developments in the Netherlands Construction Equipment Market:
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Prominent Vendors
Market Segmentation
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End Users
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What Key Findings Our Research Analysis Reveals?
How big is the Netherlands construction equipment market?
What is the growth rate of the Netherlands construction equipment market?
What are the trends in the Netherlands construction equipment market?
Who are the key players in the Netherlands construction equipment market?
Which are the major distributor companies in the Netherlands construction equipment market?
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