In 2023, Italy leads in European sold production of electrical apparatus for voltages over 1,000 V with a share of 67.74%, followed by Romania at 12.59%, and Estonia at 8.63%. Significant year-on-year growth was noted in Romania (177.66%) and Finland (31.47%), while mature markets like Spain and Germany faced minor declines. Portugal experienced significant growth, albeit from a low base, showing a rise of 146.48%, while the UK saw a decrease of 6.6%.
Future trends to watch for include technological advancements within smart grid systems and renewable integration, affecting demand and production. Additionally, regulatory changes in the European power sector may influence production dynamics across countries.
Top countries in Sold Production of Electrical Apparatus for Switching or Protecting Electrical Circuits, for a Voltage of More than 1 000 V Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 67.74 | 2023 | +11.62% | +14.15% | View data |
| 2 | 2 Romania | 12.59 | 2023 | +3.04% | +177.66% | View data |
| 3 | 3 Estonia | 8.63 | 2023 | +0.0082% | +9.4% | View data |
| 4 | 4 France | 8.15 | 2023 | +2.84% | +6.48% | View data |
| 5 | 5 Spain | 2.72 | 2023 | +4.94% | -0.072% | View data |
| 6 | 6 Germany | 2.62 | 2023 | +7.01% | -2.13% | View data |
| 7 | 7 Hungary | 1.42 | 2023 | -2.65% | -2.62% | View data |
| 8 | 8 United Kingdom | 1.32 | 2023 | -8.42% | -6.6% | View data |
| 9 | 9 Czechia | 0.84 | 2023 | |||
| 10 | 10 Netherlands | 0.32 | 2021 | +268.57% | View data |
