In 2023, Denmark led European sold production in high-voltage electrical boards, experiencing a robust 33.01% growth. France and Italy also saw significant increases at 22.2% and 30.92% respectively. Germany and Poland, however, faced slight declines, with Germany decreasing by 1.58% and Poland by 2.52%. Norway stood out with an exceptional 126.83% surge. Austria saw the most considerable drop at 15.41%. Overall, there was a general upward trend in production across Europe, driven by increased energy infrastructure investments and modernization.
Future trends to watch include:
- Continued growth in Northern Europe due to renewable energy projects.
- Potential recovery for countries with negative growth, driven by regional demand increases.
- Technological advancements could drive efficiency and production increases across Europe.
Top countries in Sold Production of Boards and Other Bases, Equipped with Electrical Switching or Protecting Apparatus, for a Voltage More than 1 000 V by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 525,130 | 2023 | +20.59% | +33.01% | View data |
| 2 | 2 France | 292,030 | 2023 | +17.97% | +22.2% | View data |
| 3 | 3 Germany | 171,660 | 2023 | -2.61% | -1.58% | View data |
| 4 | 4 Spain | 126,180 | 2023 | +8.28% | +11.16% | View data |
| 5 | 5 Sweden | 45,350 | 2023 | +7.3% | +1.52% | View data |
| 6 | 6 Italy | 44,180 | 2023 | +4.86% | +30.92% | View data |
| 7 | 7 Czechia | 24,780 | 2023 | |||
| 8 | 8 Bulgaria | 23,730 | 2023 | +7.09% | +56.07% | View data |
| 9 | 9 Portugal | 12,440 | 2023 | +10.76% | +11.05% | View data |
| 10 | 10 Norway | 4,140 | 2023 | +23.86% | +126.83% | View data |
