Mini crawler excavators remain very popular in France
The mini crawler excavator sales accounted for 51% of total earthmoving machines sold in 2018. The mini excavator machines represented less than 50% of the total earthmoving equipment before 2015 in France. Its market share rose gradually to 51% in 2016 and 52% in 2017. Those machines are the largest segment of the construction equipment industry.
This share has grown sharply since 2015 along with the sales per unit growth. This market expanded significantly from 2015 to 2018 due to the increased investment in not only construction but also civil engineering. There is also a lot of ongoing work in many small and large cities in France which support the market. Furthermore, rental company purchases contributed to the growth of the market too. In 2018, sales to renters reached 2,800 units and as a result they came to represent around 24% of the total market. This share decreased a little bit compared to 2017.
From 2015, the mini crawler excavator sales have increased by 18.5% each year on average. In 2018, the French market reached 11,390 units. Thus, the French market has returned to the record levels of 2007 and 2008.
This year manufacturers expect a stabilization of the market or possibly a very slight decline.