The last five years have seen UK crawler excavator sales sustained at good levels between 7,500-9,500 units per year. This has made it by far the largest crawler excavator market in Europe. Even with demand expected to slip this year due to the impacts of Covid-19 – the UK market is expe3cted to see the steepest falls of any country in Europe – and uncertainty around Brexit, crawler excavator sales are still forecast to be higher than those of other major local markets such as France, Germany and Italy.
A recovery in demand is expected from 2021 onwards. “Whilst all the signs for the medium term future are positive, there must also be a considerable amount of caution. The outlook is positive, but it is not going to be before 2022 at the very earliest before the market recovers to levels experienced pre-Covid. The level of work is still strong and whilst new orders are being delayed, they are not being cancelled,” said the report.
Off-Highway Research’s new equipment analysis on the crawler excavator industry in the UK is now available to download for subscribers to the European Service, who can login here. It can also be bought by non-subscribers – click here for more details.
It is believed to be the most detailed and in-depth report ever published on the subject, with analysis covering market size, market shares, production, foreign trade, market structure, distribution networks, equipment population, machines available, customer groups and a five-year forecast.
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