Romania leads European motor vehicle electrical and electronic equipment production in 2023 with significant output. Estonian production increased substantially, while Italy saw strong growth. Austria, Serbia, and Macedonia experienced moderate gains. Conversely, the UK, Germany, and Hungary faced noticeable declines, with Germany among the largest producers. Countries like Portugal, Croatia, and Denmark also saw decreases, reflecting a challenging environment for some Western European markets. Lithuania showed improvement, indicating potential growth.
Future trends to watch include shifts towards greener, more sustainable manufacturing processes, increased demand for electric vehicle components, and potential market realignments due to technology advancements and regulatory changes across Europe.
Top countries in Sold Production of Motor Vehicles Electrical and Electronic Equipment by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Romania | 237,020,000 | 2023 | +1.45% | -0.62% | View data |
| 2 | 2 Austria | 68,527,000 | 2023 | +7.26% | +3.3% | View data |
| 3 | 3 Hungary | 59,166,000 | 2023 | -0.61% | -5.78% | View data |
| 4 | 4 Serbia | 58,691,000 | 2023 | +5.55% | +7.31% | View data |
| 5 | 5 Macedonia | 55,171,000 | 2023 | +6.51% | +7.27% | View data |
| 6 | 6 Estonia | 54,320,000 | 2023 | +8.65% | +46.46% | View data |
| 7 | 7 Poland | 52,701,000 | 2023 | -1.55% | +1.23% | View data |
| 8 | 8 France | 45,852,000 | 2023 | +2.54% | -1.43% | View data |
| 9 | 9 Czechia | 41,471,000 | 2023 | |||
| 10 | 10 Germany | 41,070,000 | 2023 | +0.26% | -5.87% | View data |
