Italy leads in European sold production of LED indicator panels, holding 55.5% share, followed by Romania at 11.19% and France at 7.01%. The UK and Sweden trail with less than 7% each. From 2023 to 2024, Italy and Slovakia saw substantial growth, with Portugal also reporting significant increases, while Sweden and Denmark experienced declines. Overall, Europe's production landscape shows increased centralization in a few key countries, with Italy substantially strengthening its position.
Future trends to watch include technological advancements in LED efficiency, potential shifts in production due to regulatory changes, and market demands for energy-saving solutions which could alter the share distribution among countries.
Top countries in Sold Production of Indicator Panels Incorporating Light Emitting Diodes (LED) Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 55.5 | 2023 | +8.67% | +52.01% | View data |
| 2 | 2 Romania | 11.19 | 2023 | +7.17% | +17.64% | View data |
| 3 | 3 France | 7.01 | 2023 | +8.93% | +9.51% | View data |
| 4 | 4 United Kingdom | 6.44 | 2023 | -0.61% | +2.12% | View data |
| 5 | 5 Sweden | 2.83 | 2023 | -23.9% | -12.34% | View data |
| 6 | 6 Portugal | 2.6 | 2023 | +60.06% | +57% | View data |
| 7 | 7 Spain | 2.46 | 2023 | +15.81% | +2.89% | View data |
| 8 | 8 Slovakia | 2.12 | 2023 | +6.48% | +38.66% | View data |
| 9 | 9 Finland | 1.76 | 2023 | +22.35% | +11.33% | View data |
| 10 | 10 Bulgaria | 1.23 | 2023 | +1.74% | +3.38% | View data |
