Germany dominates the European market with a significant share, accounting for 51.39% of the sold production of boards and bases with electrical apparatus for voltages under 1,000 V in 2023. Austria and the United Kingdom follow with 7.88% and 6.93%, respectively. Other notable players include Poland, Czechia, and Spain, each contributing over 3% share. Smaller markets like Bulgaria and Hungary reported positive growth, while France faced a sharp decline by over 20%. Countries like Ireland and Denmark have shown remarkable growth, with variations over 7% in 2023.
Future trends to monitor include Germany's continued dominance and potential shifts in other countries' shares, driven by technological advancements, regional policies, and green energy transitions. Emerging markets like Greece and Lithuania should also be tracked for their substantial recent growth, which could indicate increasing strategic importance.
Top countries in Sold Production of Boards and Other Bases, Equipped with Electrical Switching or Protecting Apparatus, for a Voltage Less than 1 000 V Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 51.39 | 2023 | +1.72% | +1.13% | View data |
| 2 | 2 Austria | 7.88 | 2023 | +5.97% | +5.65% | View data |
| 3 | 3 United Kingdom | 6.93 | 2023 | +1.07% | +1.42% | View data |
| 4 | 4 Poland | 3.63 | 2023 | +3.25% | +4.94% | View data |
| 5 | 5 Czechia | 3.26 | 2023 | |||
| 6 | 6 Spain | 3.21 | 2023 | +7.97% | +4.19% | View data |
| 7 | 7 Netherlands | 2.72 | 2023 | +1.92% | +4.04% | View data |
| 8 | 8 Slovakia | 2.56 | 2023 | +6.26% | +2.59% | View data |
| 9 | 9 Ireland | 2.41 | 2023 | +14.53% | +7.33% | View data |
| 10 | 10 Denmark | 2.16 | 2023 | +1.47% | +7.78% | View data |
