As of 2023, Germany holds a dominant position with 46.28% in the European sold production share of engines and turbines, excluding aircraft, vehicle, and cycle engines. Significant competitors include Denmark with 16.92% and Romania at 7.24%. Notable growth occurred in Sweden (19.09% increase) and Netherlands (16.85%), reflecting dynamic market trends, while Italy and the United Kingdom faced declines. A visible stability is seen in countries like Slovenia, with no change in production share.
Looking ahead, key trends to watch include technological advancements in turbine efficiency, sustainability demands, and the integration of renewable energy sources, which could reshape the market landscape and influence national shares.
Top countries in Sold Production of Engines and Turbines (Except Aircraft, Vehicle and Cycle Engines) Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 46.28 | 2023 | +3.48% | +0.087% | View data |
| 2 | 2 Denmark | 16.92 | 2023 | +14.52% | +5.84% | View data |
| 3 | 3 Romania | 7.24 | 2023 | +4.41% | +4.39% | View data |
| 4 | 4 Italy | 5.91 | 2023 | -7.93% | -9.75% | View data |
| 5 | 5 United Kingdom | 4.08 | 2023 | -4.88% | -6.28% | View data |
| 6 | 6 Poland | 3.85 | 2023 | +2.9% | +3.09% | View data |
| 7 | 7 France | 3.6 | 2023 | +1.63% | +1.75% | View data |
| 8 | 8 Sweden | 2.92 | 2023 | +5.58% | +19.09% | View data |
| 9 | 9 Spain | 2.42 | 2023 | +9.96% | +1.44% | View data |
| 10 | 10 Hungary | 2.32 | 2023 | -3.37% | +0.19% | View data |
