From 2012 to 2022, Belgium's Electricity Distribution and Control Apparatus market exhibited significant fluctuations. The market showed steady growth with a few exceptions, peaking in 2022 at €1024.1 million. The year-on-year variation indicates substantial peaks in 2013 (10.08%) and 2017 (36.3%), with the most recent growth marked at 2.6% in 2022. Over the last two years, the market grew modestly, and the Compound Annual Growth Rate (CAGR) over the past five years stands at 3.5%.
Future Trends to Watch: With advancements in smart grid technologies, increased demand for energy efficiency, and regulatory pressures for sustainable energy solutions, the market is expected to continue experiencing growth. Monitoring policy changes and technological innovations will be crucial for stakeholders.
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 13,875,000,000 | 2023 | +1.05% | +0.12% | View data |
| 2 | 2 France | 4,155,000,000 | 2023 | -0.26% | -1.24% | View data |
| 3 | 3 Italy | 3,992,400,000 | 2023 | +1.63% | -1.72% | View data |
| 4 | 4 Spain | 2,445,800,000 | 2023 | +3.07% | +0.2% | View data |
| 5 | 5 Austria | 2,061,000,000 | 2023 | +3.51% | +1.48% | View data |
| 7 | 7 Netherlands | 1,424,200,000 | 2023 | +6.24% | +6.24% | View data |
| 8 | 8 Finland | 1,262,800,000 | 2023 | +3.95% | +2.42% | View data |
| 9 | 9 Belgium | 1,034,700,000 | 2023 | +2.45% | +0.94% | |
| 10 | 10 Ireland | 321,750,000 | 2023 | +1.49% | +0.97% | View data |
| 11 | 11 Greece | 269,730,000 | 2023 | +3.24% | +6.75% | View data |
