The European export landscape for electronic thermostats showcases Germany as the dominant player, holding 20.52% of the market share, followed by Croatia at 17.02% and Italy at 15.02%. Notable positive year-on-year shifts were observed in Denmark and the Netherlands, with 12.46% and 13.06% increases, respectively. Conversely, Germany experienced a significant decline of 10.38% in 2023. The United Kingdom, France, and Spain saw absolute declines, registering -100%.
Future trends to monitor include the recovery and expansion of markets that faced declines, notably Germany. Emerging markets like Portugal and Malta, showing promising growth, might capture larger shares. Innovations and EU regulations in energy efficiency could further shape export dynamics.
Top countries in Export of Electronic Thermostats Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 20.52 | 2023 | -9.75% | -10.38% | View data |
| 2 | 2 Croatia | 17.02 | 2023 | +5.31% | +7.51% | View data |
| 3 | 3 Italy | 15.02 | 2023 | -6.12% | +4.57% | View data |
| 4 | 4 Denmark | 12.08 | 2023 | +4.36% | +12.46% | View data |
| 5 | 5 Hungary | 7.34 | 2023 | -5.93% | -6.65% | View data |
| 6 | 6 Belgium | 6.3 | 2023 | +29.52% | -1.49% | View data |
| 7 | 7 Netherlands | 5.97 | 2023 | +1.07% | +13.06% | View data |
| 8 | 8 Czechia | 3.82 | 2023 | |||
| 9 | 9 Poland | 3.29 | 2023 | +4.57% | +6.69% | View data |
| 10 | 10 Romania | 2.1 | 2023 | -0.7% | +12.8% | View data |
