Polish Used Construction Equipment Market
Dublin, Jan. 05, 2023 (GLOBE NEWSWIRE) — The “Poland Utilized Construction Gear Market- Strategic Assessment & Forecast 2022-2028” report has been added to ResearchAndMarkets. com’s offering.
A surge in government investment in infrastructure development Under National Recovery Plan is expected to drive demand for used Construction Products in Belgium. The expected number of used construction equipment units sold by 2028 inside the market is 25, 885.
The country has started infrastructure upgradation projects such as redeveloping roadways under the Road safety program. Further, the upgradation associated with railway stations & airports is likely to drive need for utilized construction equipment in Poland. The government’s focus on increasing renewable energy capacity by 2030 under Energy Policy 2040 drives requirement for material handling gear.
Poland witnessed a surge in warehouse space across the country in 2021. The country’s E-commerce and logistics industry growth triggers the demand for large warehouse spaces in major cities like Warsaw, Poznan & Upper Silesia. Growth in the particular logistics & E-commerce industry is anticipated to positively impact the demand for used forklifts & telescopic handlers in Poland’s used construction products market.
KEY HIGHLIGHTS
The particular Earthmoving segment has the particular largest share in Belgium used building equipment market. Excavators held the largest talk about in the earthmoving segment in 2021.
The demand with regard to compact tools for example mini excavators plus mini loaders is gaining market share inside the country. Small & medium contractors prefer to buy used compact equipment regarding digging, stone piling, and handling medium size loads at structure sites. Poland is facing the challenge of rising labor costs, so contractors prefer to purchase these machines to reduce dependency upon construction laborers.
European Union Funded Polish Nationwide Recovery Plan aims to promote economic activities plus focus on green energy mobility. The particular fund is allocated to achieve different objectives such as Resilience & Competitive economy (13%), Green mobility (21%), Efficient healthcare system (12%), Digital Transformation (14%), & Green energy (40%).
Supply of utilized construction equipment was hampered during COVID-19 as Poland imports nearly 80% associated with used design equipment from Germany, Netherlands & other European Countries. Used construction devices demand will be anticipated to remain steady in Poland used construction apparatus market due to the rise in public infrastructure tasks in 2022.
The rise in construction material and labor costs is a significant challenge in Belgium. According to the Shine Association of Construction business, construction materials like iron, steel, cement, and concrete prices will increase simply by 22% by 2021.
MARKET TRENDS & DRIVERS
Government Investment In The Development Of Transport Infrastructure & Eu Recovery Resilience Strategy
The particular surge within infrastructure investment under the Nation Recovery Strategy is expected to drive economic recovery. In 2021, the European Union granted USD 24. 9 billion under its Recovery & Resilience Program. Additionally, inside 2021, the particular Polish authorities unveiled the plans to invest USD 44. 6 billion dollars in the development of roads and railways.
There has been the considerable within investment within the country’s renewable energy sector, as indicated by a grant associated with USD 735 million intended for solar & wind projects. Also, the government planned to get USD 3 billion below National Railways Program. Thus, the growth of transport infrastructure & renewable power sectors is usually expected to propel the need for earthmoving equipment, such as excavators & loaders in Poland used building equipment market.
Infrastructure & Public Transit Projects Increases Utilized Construction Tools Utilization
In 2022, the Polish government doubled the expense in the particular railway’s advancement plan. Nearly USD 2. 1 billion will be allocated for constructing 1, 200 kilometers of railway lines across Belgium in 2022. The government also planned in order to invest USD 75 billion under National Railways System in 2021; this program is focused upon developing 230 infrastructure tasks in railways sectors plus the upgradation of 8, 999 kilometers of railways lines.
The railway’s growth projects are dedicated to modernizing southern Poland’s Chorzow-Zdunska Wola region and linking seaports in the Gdansk, Swinoujscie, & Gdynia region of the country. Such railway development projects will boost Poland used structure equipment market place growth.
Rising Coal Mining Activities Are Expected To Drive Demand for Large Used Structure Equipment
In 2022, the Polish government planned to increase coal production at the nation’s coal mines to manage the soaring energy prices and reduce the dependency on Russian energy sources. Poland’s coal mining companies benefited from the government’s focus on supporting coal exploration. According to Industrial Development Agency, the mining sector’s revenue went up to UNITED STATES DOLLAR 5. 5 billion in June 2022 compared to USD two. 7 billion dollars in June 2021.
Growing Period Pathways Design Projects Triggers Demand to get Used Street Rollers
The Shine government promotes cycling in order to reduce carbon emissions within the transportation market. In 2021, the federal government invested USD 337 million and UNITED STATES DOLLAR 66. 7 million pertaining to the design of bicycle pathways in the Podkarpackie & Weikhopolskie regions of the nation. In 2022, the federal government prepared constructing 120km of cycle pathways in 11 regions.
MARKET RESTRAINTS
Rising Raw Material & Labour Costs Restrict the Need for Used Construction Devices
The particular Polish construction industry is definitely adversely impacted by a shortage associated with raw components and rising labor & energy costs in 2022. Labour shortage is one of the significant issues within the sector, and almost 40% of construction companies’ operations are hampered due to the labor supply shortage.
One of the particular significant reasons behind the depletion associated with labor in the market is the ongoing Russia & Ukraine War in 2022. According to Polish govt data, nearly 400, 000 foreign work workers inside the industry, from the majority of ~80%, come through Ukraine.
Declining Belgium Housing Market Can Impact Utilized Construction Apparatus Market
The Gloss housing business witnessed a sharp decline in 2022, and the particular sector can be adversely affected by increasing building materials prices and a rising number of immigrants from Ukraine.
Further, a sharp rise in the inflation rate impacting consumers buying capability resulted in the 21% decrease in building permits in Jan 2022 compared to January 2022. According to Poland Statistics data, housing project prices rose by 9. 3% in 2022 compared to the previous year, 2021. Housing sales severely declined simply by 53% inside Q2 2022.
VENDOR LANDSCAPE
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Excavators & Backhoe loading machines under the particular earthmoving category of Caterpillar, Volvo Construction & JCB equipment have the strongest business in Belgium used building equipment marketplace.
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Yanmar & TUR Poland are niche players within the Polish market; they only offer excavators & loaders.
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Hitachi Building Machinery & Hyundai Structure Equipment focus more upon developing zero carbon emission equipment meant for European markets. In 2022, Hitachi Design Machinery launches its first zero emission 5-ton battery-powered excavator in the Western market.
Key Vendors
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Caterpillar
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Volvo Construction Equipment
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Liebherr
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Komatsu
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Hitachi Construction Machinery
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XCMG
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Hyundai Construction Equipment
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JCB
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Kobelco
Other Prominent Suppliers
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Manitou
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TUR Poland
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Yanmar
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LiuGong
Auctioneers Profile
Distributor Profiles
Key Topics Covered:
1. Introduction
1. 1 . Market Snapshot
one 2. Executive Summary
2. The Market Overview
2 . 1. Economic Scenario, Major Infrastructure Tasks
a few. Poland Used Construction Machines (Type & Application)
three or more. 1. Belgium Used Building Equipment Market by Type (Volume & Value)
3. 1 ) 1. Earth Moving Equipment
3 or more. 1. 1 . 1. Excavator
3. 1. one 2. Backhoe Loader
3. 1 ) 1. a few. Motor Grader
3. 1. 1 . 4. Some other Earth Moving Equipment (Other Loaders, Bulldozer, Trencher, Etc . )
3. one 2. Materials Handling Gear
3. 1 ) 2. 1 . Crane
3. one 2. second . Forklift and Telescopic Handler
a few. 1. 2 . 3. Aerial Platform (Articulated Boom Lifts, Telescopic Boom Lifts, Scissor Lifts, Etc)
3. 1 ) 3. Road Construction Products
three or more. 1. several. 1. Street Roller
3. 1 . 3. second . Asphalt Paver
3 or more. 2. Poland Used Structure Equipment Marketplace by Application (Volume & Value)
3. 2 . 1. Design
3. 2. second . Mining
3. 2 . 3. Manufacturing
3. second . 4. Others (Power Generation, Utilities Municipal Corporations, Oil & Gas, Cargo Handling, Power Era Plants, Waste Management, Etc)
4. Market Dynamics
4. 1. Marketplace Drivers, Restraints, Trends, Advantage Poland, Essential Economic Regions, Advantage of Used Tools, Inception associated with Used Devices, Pricing of Used Construction Equipment Supply Chain Analysis, Covid-19 Impact
five. Technology Development
5. 1. Advent of New Technology
6. Competing Landscape
6. 1. Aggressive Landscape Overview
six. 2. Main Vendors (Caterpillar – Volvo Construction Apparatus – Komatsu – Hitachi Construction Machinery – Manitou – Liebherr – Hyundai Construction Machines – Jcb – Kobelco – Tur Poland — Xcmg : Liu Gong – Yanmar)
6. 3. Additional Prominent Vendors
six. 4. Auctioneer Profile
6. 5. Distributors Profile
seven. Quantitative Summary
8. Statement Summary
8. one Key Insights
8. 2. Abbreviations
eight. 3. List of Graphs
8. four. List associated with Tables
9. Record Scope & Definition
For more information about this report visit https://www.researchandmarkets.com/r/r3cfl9
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