Germany leads the European production of electricity distribution or control apparatus parts at 8.42 billion euros in 2023, despite a slight decrease of 0.88% from the previous year. Italy and France trail with 1.86 billion and 1.40 billion euros, experiencing declines and slight growth of -4.07% and 1.34%, respectively. Notable growth is observed in Poland at 4.56% and Estonia at 7.0%. The Netherlands also demonstrates significant growth of 9.13%, indicating increasing strength in this sector. In the broader context, Bulgaria, with a growth of 7.7%, and Finland, with 7.22%, illustrate strong market performances.
Key future factors to watch include:
- Innovation in smart grid technology boosting demand in countries like Germany and France.
- EU policies favoring renewable energy could increase market share for Poland and Estonia.
- Potential impacts of supply chain restructuring post-Brexit on the UK's production output.
Top countries in Sold Production of Electricity Distribution or Control Apparatus Parts by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 8,419,600,000 | 2023 | +1.78% | -0.88% | View data |
| 2 | 2 Italy | 1,863,800,000 | 2023 | +0.9% | -4.07% | View data |
| 3 | 3 France | 1,397,000,000 | 2023 | +2.07% | +1.34% | View data |
| 4 | 4 Poland | 644,520,000 | 2023 | +3.87% | +4.56% | View data |
| 5 | 5 United Kingdom | 641,980,000 | 2023 | -0.22% | -1.12% | View data |
| 6 | 6 Czechia | 614,790,000 | 2021 | |||
| 7 | 7 Hungary | 435,850,000 | 2023 | +3.5% | +3.09% | View data |
| 8 | 8 Denmark | 320,790,000 | 2023 | +5.8% | +0.76% | View data |
| 9 | 9 Sweden | 282,910,000 | 2023 | +10.44% | +6.04% | View data |
| 10 | 10 Netherlands | 247,300,000 | 2023 | +7.65% | +9.13% | View data |
