Prospects for Construction Machinery
The year 2025 is shaping up to be a favorable period for the construction machinery industry, both in terms of sales and investments in modern technologies. Key factors driving the market revival include increasing infrastructure spending, dynamic growth in the housing sector, heightened activity of equipment rental companies, and technological trends such as automation, digitization, and the growing popularity of electric and hybrid machines. Experts point to stable foundations for continued growth, despite challenges related to raw material costs and the availability of operators.
The year 2024 for the construction machinery market was a time of intense technological development, increased automation, and further investment in sustainability. The growing demand for machinery was linked to infrastructure investments and the need for modernization. These factors have ensured that the construction industry, despite challenges related to global supply issues and costs, remains in a phase of development and transformation.
Financing is a key aspect of the operations of construction companies, which need modern equipment to carry out their projects. There are several options for financing the purchase of construction machinery. The most popular methods are: cash, loan leasing, rental, and leasing. When it comes to cash, this is the simplest form of purchase, where the company pays the full amount for the machine with its own funds. However, not all companies have available cash. Therefore, the other financing options are becoming increasingly popular. Loan leasing is mainly used by clients who also want to take advantage of grant programs intended to support investments in the construction sector. Equipment rental is also developing rapidly in Poland. Renting machines is an option for companies that need specialized equipment, machines for a short period, or for a specific project. However, the most popular way to acquire and finance machinery remains leasing.
Leasing
For clients, leasing means the possibility of long-term use without committing the full amount to building a fleet of machinery. It also offers tax benefits related to including leasing installments as business expenses, and additionally – in the case of operating leasing – the ability to spread VAT over installments, as well as the option to purchase the machine on previously agreed terms, continue using it, or sell it.
Significant Growth
The past year proved to be exceptionally good for the construction machinery market. In the previous year (data for the first three quarters of 2024), the value of financing granted for the purchase of construction equipment, both in the form of leasing and loans, amounted to 3.9 billion PLN. This represents a 27% increase in financing value year-on-year. It was the highest growth recorded across all segments of the machinery and equipment market. In comparison, the entire machinery and equipment market grew by 6.3% year-on-year. Such a significant increase in the financing of construction equipment was generated in the context of a slowdown in the construction sector. The strong performance of the Polish machinery and equipment financing market sets it apart from other European markets, which have seen declines.