Germany leads the European market for turned metal parts for land vehicles, with a substantial share of production. Italy follows closely, reflecting a robust industry. Spain and France show slight downturns, whereas the UK demonstrates a notable increase. Slovakia's production surged substantially, highlighting potential growth in Eastern Europe. Other countries, such as Hungary, Croatia, and Finland, are relatively stable with minor variations.
Future trends might involve increased automation in manufacturing processes, enhanced focus on sustainability, and intensified investment in electric vehicle components driven by environmental policies and technological advancements in the automotive sector. Monitoring these will be crucial for staying competitive.
Top countries in Sold Production of Turned Metal Parts for Land Vehicles (Excluding for Locomotives or Rolling Stock, Made by Casting, Forging, Pressing, Stamping, Roll Forming or Powder Metallurgy) Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 38.26 | 2023 | +6.38% | +0.82% | View data |
| 2 | 2 Italy | 25.57 | 2023 | +1.46% | +0.28% | View data |
| 3 | 3 Spain | 12.75 | 2023 | +0.89% | -2.81% | View data |
| 4 | 4 France | 12.26 | 2023 | +2.75% | -1.78% | View data |
| 5 | 5 United Kingdom | 5.71 | 2023 | +2.17% | +3.09% | View data |
| 6 | 6 Czechia | 2.05 | 2023 | |||
| 7 | 7 Hungary | 1.66 | 2023 | +3.14% | +1.83% | View data |
| 8 | 8 Poland | 0.72 | 2023 | +1.69% | -0.47% | View data |
| 9 | 9 Netherlands | 0.69 | 2023 | +1.56% | -3.17% | View data |
| 10 | 10 Slovenia | 0.56 | 2023 | -0.52% | +0.6% | View data |
