The European Metal Forming Machinery sector is led by Germany, which holds a substantial share of 35.56% of enterprises. Italy and the UK follow with 12.61% and 9.18%, respectively. Spain, Greece, and Poland each contribute between 4.82% and 6.14%. Countries like Sweden, the Czech Republic, and the Netherlands maintain moderate shares, while others, such as France, Austria, and Hungary, have smaller but significant contributions. Countries like Norway, Lithuania, and Latvia have minimal representation.
Notable recent year-on-year variations include a 10.39% decline in France and significant increases in Portugal and Belgium's shares, growing by 6.06% and 5.34% respectively. By contrast, substantial reductions were seen in Greece and Bosnia and Herzegovina.
Future trends to watch for involve potential growth in Eastern Europe, with countries like Poland showing positive trends. Meanwhile, established markets like Germany may experience stabilizing effects. There could be increased competition due to technological advancements and sustainability trends that shape enterprise strategies across Europe.
Top countries in Metal Forming Machinery Number of Enterprises Share by Country (Units (Enterprises))
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 35.56 | 2023 | +1.37% | +1.28% | View data |
2 | 2 Italy | 12.61 | 2023 | -0.36% | +0.11% | View data |
3 | 3 United Kingdom | 9.18 | 2023 | -0.74% | -0.92% | View data |
4 | 4 Spain | 6.14 | 2023 | -0.37% | -1.36% | View data |
5 | 5 Greece | 5.55 | 2023 | -2.41% | -4.69% | View data |
6 | 6 Poland | 4.82 | 2023 | +4.46% | +3.11% | View data |
7 | 7 Sweden | 2.88 | 2023 | -1.56% | 0% | View data |
8 | 8 Czech Republic | 2.79 | 2023 | -4.69% | -4.39% | View data |
9 | 9 Netherlands | 2.56 | 2023 | +0.9% | -0.18% | View data |
10 | 10 France | 2.38 | 2023 | -12.61% | -10.39% | View data |