In 2023, Italy led the European market in steam generator production with a 40.87% share, showing a strong growth trend with a 7.06% increase from the previous year. Germany followed with a 27.24% share, despite a 4.99% decline. Spain held a 14.05% share, experiencing a significant decrease of 14.92%. Croatia, however, increased by 14.79%, capturing 7.41% of the market. Eastern European countries like Estonia, Lithuania, and Hungary saw modest growth, while the UK experienced a minor decline. France, Sweden, and Denmark maintained low shares, with France plummeting by 62%.
Future trends to watch include continued Italian dominance, potential stabilization or growth in Germany through technological advancements, and the possibility of emerging market gains in Eastern Europe. Environmental regulations and advancements in energy efficiency may also reshape the production landscape.
Top countries in Sold Production of Steam Generators, Except Central Heating Hot Water Boilers Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 40.87 | 2023 | +28.36% | +7.06% | View data |
| 2 | 2 Germany | 27.24 | 2023 | -6.79% | -4.99% | View data |
| 3 | 3 Spain | 14.05 | 2023 | -10.81% | -14.92% | View data |
| 4 | 4 Croatia | 7.41 | 2023 | +3.11% | +14.79% | View data |
| 5 | 5 Estonia | 3.98 | 2023 | +7.36% | +1.03% | View data |
| 6 | 6 Poland | 3.62 | 2023 | -6.54% | -5.8% | View data |
| 7 | 7 Lithuania | 1.23 | 2023 | +5.82% | +7.55% | View data |
| 8 | 8 Hungary | 0.82 | 2023 | +5.37% | +12.67% | View data |
| 9 | 9 United Kingdom | 0.77 | 2023 | -4.35% | -2.83% | View data |
| 10 | 10 France | 0.009 | 2023 | -0.023% | -62% | View data |