In 2023, Germany dominated the European market for non-numerically controlled bending machines, holding a 64.98% share. Meanwhile, France and Italy followed with 14.01% and 12.52% shares, respectively. Over the past year, notable growth was observed in Denmark, with a substantial 59.26% increase, and Italy, with a 17.36% rise. Finland also showed strong growth at 15.34%. However, declines were significant in Portugal, Croatia, and Bulgaria, with decreases of 13.46%, 24.93%, and 5.34%, respectively.
Looking ahead, the industry may be influenced by technological advancements, with potential shifts towards more automated solutions impacting market shares. Additionally, environmental regulations and economic factors in Europe could play a substantial role in shaping future production and sales trends.
Top countries in Sold Production of Non-Numerically Controlled Bending, Folding, Straightening or Flattening Machines for Working Flat Metal Products Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 64.98 | 2023 | +7.43% | -0.18% | View data |
| 2 | 2 France | 14.01 | 2023 | +11.82% | +3.7% | View data |
| 3 | 3 Italy | 12.52 | 2023 | +3.83% | +17.36% | View data |
| 4 | 4 Spain | 8.06 | 2023 | -0.42% | -1.85% | View data |
| 5 | 5 Finland | 3.39 | 2023 | +24.61% | +15.34% | View data |
| 6 | 6 Czechia | 1.96 | 2023 | |||
| 7 | 7 Poland | 1.23 | 2023 | +1.9% | +2.73% | View data |
| 8 | 8 Denmark | 1.16 | 2023 | +21.84% | +59.26% | View data |
| 9 | 9 Portugal | 0.54 | 2023 | +0.83% | -13.46% | View data |
| 10 | 10 Croatia | 0.25 | 2023 | -6.48% | -24.93% | View data |
