The European sold production of machining centers, unit construction machines, and multi-station transfer machines largely concentrates in Germany and Italy, with respective shares of 48.95% and 39.59%. In 2023, Germany and Italy experienced growth of 3.28% and 2.32%, respectively, while France and Spain saw declines, most notably with France dropping by 11.63%. Hungary marked a notable increase of 4.24%, whereas Portugal faced a decrease of 24.62%. Over the past five years, growth has been sustained primarily in Central European countries, particularly Germany and Italy.
Future trends to watch include:
- Potential recovery in countries with declining shares like France and Portugal.
- Continued growth momentum in Eastern European markets, exemplified by Hungary.
- Technological advancements driving production efficiencies and influencing market share distribution across the region.
Top countries in Sold Production of Machining Centres, Unit Construction Machines and Multi-Station Transfer Machines, for Working Metal Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 48.95 | 2023 | +9.03% | +3.28% | View data |
| 2 | 2 Italy | 39.59 | 2023 | +1.83% | +2.32% | View data |
| 3 | 3 France | 3.52 | 2023 | +1.97% | -11.63% | View data |
| 4 | 4 Spain | 1.8 | 2023 | +9.81% | -2% | View data |
| 5 | 5 Czechia | 1.79 | 2023 | |||
| 6 | 6 Hungary | 1.19 | 2023 | +6.08% | +4.24% | View data |
| 7 | 7 Portugal | 0.99 | 2023 | +4.4% | -24.62% | View data |
| 8 | 8 Finland | 0.78 | 2023 | +29.9% | View data | |
| 9 | 9 Croatia | 0.29 | 2023 | -4.08% | -0.42% | View data |
| 10 | 10 Romania | 0.25 | 2023 | +7.89% | -16.83% | View data |
