In 2024, Germany continues to dominate European fluid power equipment production, maintaining a significant lead with a value share of 52.24 million euros. Italy follows with 18.44 million euros, while the United Kingdom, Sweden, and France hold smaller shares of 4.87, 4.04, and 3.25 million euros respectively. The smaller markets, such as Greece, Serbia, and Lithuania, remain below 0.05 million euros.
Over the past two years, notable year-on-year variations include Sweden's 9.33% growth and Poland's 9.03% increase, contrasted by a 5.9% decline in France and a 4.52% decrease in Belgium. The five-year CAGR indicates significant development in fluid power equipment production among emerging markets.
Future trends to watch include the increasing share of Central and Eastern European countries like the Czech Republic and Poland, driven by their substantial growth rates. Germany will likely sustain its leading position, but watch for technological advancements and sustainability efforts that could reshape the market landscape.
Top countries in Fluid Power Equipment Production Value Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 52.24 | 2023 | +11.01% | +1.93% | View data |
| 2 | 2 Italy | 18.44 | 2023 | +0.67% | -1.04% | View data |
| 3 | 3 United Kingdom | 4.87 | 2023 | +0.64% | +0.44% | View data |
| 4 | 4 Sweden | 4.04 | 2023 | +0.91% | +9.33% | View data |
| 5 | 5 France | 3.25 | 2023 | -6.26% | -5.9% | View data |
| 6 | 6 Spain | 2.99 | 2023 | +7.17% | +4.06% | View data |
| 7 | 7 Czech Republic | 2.35 | 2023 | +9.03% | +6.21% | View data |
| 8 | 8 Poland | 2.3 | 2023 | +5.89% | +9.03% | View data |
| 9 | 9 Norway | 1.87 | 2023 | +8.09% | +4.08% | View data |
| 10 | 10 Austria | 1.83 | 2023 | +5.51% | -0.57% | View data |
