In 2024, Germany leads Europe's electrical equipment sector with a Net Operating Surplus of €6.68 billion, though it experienced a decline of 4.97% in 2023. Italy and Austria follow, maintaining stable surplus levels. Greece showed notable growth with a 10.13% increase. In contrast, Belgium faced a negative surplus at -€0.1013 billion. Other countries like Spain, Finland, and the Netherlands marked minimal positive changes, while Estonia and Lithuania saw moderate improvements.
Future trends indicate a mix of consolidation and potential growth opportunities. Germany may need strategic adjustments to curb its declining trend, whereas Greece could capitalize on its strong growth trajectory. The sector-wide shift towards sustainable and innovative technologies may influence future financial outcomes in these countries.
Top countries in Net Operating Surplus in Electrical Equipment by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 6,680 | 2023 | -1.42% | -4.97% | View data |
| 2 | 2 Italy | 1,690 | 2023 | -0.25% | +0.97% | View data |
| 3 | 3 Austria | 1,300 | 2023 | +1.05% | View data | |
| 4 | 4 Spain | 1,040 | 2023 | +1.96% | +0.39% | View data |
| 5 | 5 Finland | 618 | 2023 | +1.31% | +2.32% | View data |
| 6 | 6 Netherlands | 601 | 2023 | +2.56% | View data | |
| 7 | 7 Slovakia | 287.2 | 2023 | +4.13% | View data | |
| 8 | 8 Ireland | 221.98 | 2023 | +4.05% | View data | |
| 9 | 9 Greece | 132.23 | 2023 | -1.57% | +10.13% | View data |
| 10 | 10 Slovenia | 128.4 | 2023 | +1.66% | View data |
