Germany remains the dominant player in Europe's market for electricity distribution or control apparatus parts, although its share slightly declined. Italy and the UK saw modest declines, while France and Poland exhibited growth. The Netherlands, Estonia, Bulgaria, and Finland showed significant year-on-year gains, indicating a strengthening market presence.
Future trends indicate potential shifts in market dynamics, with Eastern European and Scandinavian countries, such as Poland, Estonia, and Sweden, expected to capture larger market shares. This growth could be driven by advancements in smart grid technologies and increased regional demand. Germany, although seeing a slight decline, will likely maintain its market leadership due to its strong industrial base.
Top countries in Sold Production of Electricity Distribution or Control Apparatus Parts Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 51.5 | 2023 | +1.78% | -0.88% | View data |
| 2 | 2 Italy | 11.4 | 2023 | +0.9% | -4.07% | View data |
| 3 | 3 France | 8.54 | 2023 | +2.07% | +1.34% | View data |
| 4 | 4 Poland | 3.94 | 2023 | +3.87% | +4.56% | View data |
| 5 | 5 United Kingdom | 3.93 | 2023 | -0.22% | -1.12% | View data |
| 6 | 6 Czechia | 3.76 | 2021 | |||
| 7 | 7 Hungary | 2.67 | 2023 | +3.5% | +3.09% | View data |
| 8 | 8 Denmark | 1.96 | 2023 | +5.8% | +0.76% | View data |
| 9 | 9 Sweden | 1.73 | 2023 | +10.44% | +6.04% | View data |
| 10 | 10 Netherlands | 1.51 | 2023 | +7.65% | +9.13% | View data |
