In 2023, Italy dominated the European market for steam generators (excluding central heating hot water boilers) with a 32.28% share. Following Italy, Germany and Denmark held significant shares at 15.52% and 12.23%, respectively. Notably, Denmark experienced a remarkable year-on-year increase of 20.02%, while France and Austria faced substantial declines of 17.6% and 18.5%, respectively. Over the past five years, inconsistent growth trends were evident, reflecting changing market dynamics.
Looking forward, key trends to watch include:
- The potential for Italy to maintain its market dominance.
- Denmark's rapid growth trajectory and its impact on the competitive landscape.
- Potential recovery opportunities for markets like Poland, Finland, and the United Kingdom, which faced recent declines.
- Continued volatility influenced by technological advancements and changing energy regulations.
Top countries in Sold Production of Steam Generators, Except Central Heating Hot Water Boilers Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 32.28 | 2023 | +9.04% | +1.39% | View data |
| 2 | 2 Germany | 15.52 | 2023 | -2.1% | -3.77% | View data |
| 3 | 3 Denmark | 12.23 | 2023 | +0.82% | +20.02% | View data |
| 4 | 4 Spain | 8.04 | 2023 | +2.21% | +1.51% | View data |
| 5 | 5 Poland | 6.53 | 2023 | +0.51% | -4.81% | View data |
| 6 | 6 Finland | 6.2 | 2023 | -17.41% | -10.57% | View data |
| 7 | 7 United Kingdom | 6.01 | 2023 | -6.04% | -5.44% | View data |
| 8 | 8 Croatia | 4.36 | 2023 | +2.33% | +10.83% | View data |
| 9 | 9 Slovakia | 3.35 | 2023 | +5.39% | -0.22% | View data |
| 10 | 10 France | 2.66 | 2023 | -20.87% | -17.6% | View data |
