In 2023, Germany was the leader in the production of spark-ignition engine parts in Europe, with a value of 4.608 billion euros. Italy and Poland followed but trailed significantly. The UK and France have shown notable declines of 10.91% and 12.13% respectively, whereas Poland and other Eastern European countries like Bulgaria showed modest growth. Austria, Hungary, and Sweden experienced positive trends, indicating potential growth markets. The recent data shows a developing disparity where Western European countries are experiencing declines, while Eastern Europe, though contributing smaller absolute values, is demonstrating growth potential. Over the past five years, some Eastern markets have shown an upward trend.
Future trends to watch include technological advancements in spark-ignition engines, potential impacts of environmental regulations on production, and the shifting focus towards electric engines. Additionally, geopolitical factors and supply chain dynamics in Europe could further influence production distribution and growth in this sector.
Top countries in Sold Production of Parts for Spark-Ignition Internal Combustion Engines, Excluding Parts for Aircraft Engines by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 4,608,000,000 | 2023 | +0.29% | -2.88% | View data |
| 2 | 2 Italy | 893,560,000 | 2023 | -0.12% | -8.9% | View data |
| 3 | 3 Poland | 569,270,000 | 2023 | +2.8% | +1.4% | View data |
| 4 | 4 Austria | 412,200,000 | 2023 | +9.16% | +2.79% | View data |
| 5 | 5 Hungary | 333,620,000 | 2023 | +1.55% | +2.76% | View data |
| 6 | 6 Spain | 259,620,000 | 2023 | +8.83% | +1.56% | View data |
| 7 | 7 Sweden | 184,940,000 | 2023 | +16.84% | +2.97% | View data |
| 8 | 8 United Kingdom | 172,930,000 | 2023 | -12.68% | -10.91% | View data |
| 9 | 9 France | 158,750,000 | 2023 | -13.64% | -12.13% | View data |
| 10 | 10 Portugal | 137,080,000 | 2023 | +6.17% | -1.32% | View data |
