European Manufacturing Trends in 2024
Manufacturing is part of Heavy Industry and includes a number of sub-sectors such as Electrical Equipment, Metal Manufacturing, Electronic Component and Molding. You may also be interested in Electronics, Chemical and Automotive.
European manufacturing output is projected to climb to approximately €10.35 trillion by 2028, up from around €9.53 trillion in 2023. This marks an average annual growth rate of 1.9%. Since 2019, the region's supply has seen a significant increase, jumping by 3.5% each year. Germany leads the pack with manufacturing output valued at €2.16 trillion in 2023. Italy, France, and Spain follow in second, third, and fourth places, respectively. Notably, Lithuania has experienced remarkable growth, expanding by 11.6% annually. In contrast, the United Kingdom has seen a more modest increase, with a yearly growth rate of 0.5% since 2019.
Top 10 countries
In 2024 major markets in the Manufacturing Industry were:
World Manufacturing Market Data and Forecasts
How much the Manufacturing industry is expected to grow to 2028?
More in Manufacturing Industry for 2028World Manufacturing Top Rankings
More in Manufacturing MarketGlobal Manufacturing Statistics
- Industrial Equipment Import 192 countries (Africa, Sub-Saharan Africa, Asia...)
- Greenhouse Gas Emissions 223 countries (Asia, Europe, Southeast Asia...)
- Industrial Equipment Export 189 countries (Asia, Africa, Latin America...)
- Metal Products Import 192 countries (Africa, Sub-Saharan Africa, Asia...)
- Electrical Equipment Export 195 countries (Asia, Europe, Southeast Asia...)
- Metal Products Export 190 countries (Asia, Africa, Latin America...)
- Electrical Equipment Import 198 countries (Asia, Europe, Southeast Asia...)
- Chemicals Export 193 countries (Asia, Europe, Southeast Asia...)
- Electronic Component Import 192 countries (Africa, Sub-Saharan Africa, Asia...)
- Chemicals Import 197 countries (Asia, Europe, Southeast Asia...)