The European market for fuel, lubricating, or cooling-medium pumps for internal combustion engines shows Germany as a dominant player with over 60% share despite a slight decline in production value in 2023. France retains second place with a modest share, experiencing a moderate decrease. Austria, Spain, and Italy hold mid-tier shares, with Italy showing impressive growth in 2023. Smaller markets like Hungary, Croatia, and Estonia observed mixed trends, with Croatia notably increasing its share. The majority of countries exhibit a minimal negative growth trend, except for Spain and Italy.
Future trends to consider include potential shifts in the landscape as the industry navigates the transition towards electric vehicles. Additionally, monitoring economic policies and technological advancements in countries like Spain and Italy, where growth trajectory remains positive, may reveal further opportunities or adjustments in market share distribution.
Top countries in Sold Production of Fuel, Lubricating or Cooling-Medium Pumps for Internal Combustion Engines Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 61.94 | 2023 | +6.98% | -0.22% | View data |
| 2 | 2 France | 15.32 | 2023 | +4.81% | -0.57% | View data |
| 3 | 3 Austria | 6.27 | 2023 | +2.25% | -3.34% | View data |
| 4 | 4 Spain | 6.17 | 2023 | +5.98% | +6.39% | View data |
| 5 | 5 Czechia | 5.21 | 2023 | |||
| 6 | 6 Italy | 5.08 | 2023 | +2.73% | +30.77% | View data |
| 7 | 7 Hungary | 1.66 | 2023 | +0.93% | -4.61% | View data |
| 8 | 8 Croatia | 0.071 | 2023 | +4.99% | +10.46% | View data |
| 9 | 9 Estonia | 0.029 | 2023 | +0.0085% | -12.04% | View data |
| 10 | 10 Poland | 0.022 | 2023 | -27.83% | -16.69% | View data |
