In 2024, Germany remains the leader in the European sold production of lamps and lighting fittings parts with a value of 240.96 million euros, despite a 3.24% decline from 2023. Italy shows a robust growth of 22.77%, positioning itself closely behind Germany with 225 million euros. Austria, Spain, and France also exhibit upward trends, with Austria increasing by 7.48%, Spain by 11.91%, and France by 19.49%. However, countries like Poland and Finland faced declines, decreasing by 9.24% and 10.99% respectively. Notably, Estonia experienced the highest negative shift at -14.33%.
Future trends to watch include the rising demand for energy-efficient lighting solutions and smart lighting technologies. Sustainability initiatives and stricter regulations on energy consumption are likely to drive innovation and growth in the sector. Additionally, the increasing adoption of LED lighting across Europe could significantly influence production values.
Top countries in Sold Production of Lamps and Lighting Fittings Parts by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 240,960,000 | 2023 | +2.2% | -3.24% | View data |
| 2 | 2 Italy | 225,000,000 | 2023 | +7.31% | +22.77% | View data |
| 3 | 3 Austria | 125,650,000 | 2023 | +10.44% | +7.48% | View data |
| 4 | 4 Spain | 74,114,000 | 2023 | +3.08% | +11.91% | View data |
| 5 | 5 Sweden | 32,306,000 | 2023 | +7.81% | +0.42% | View data |
| 6 | 6 France | 26,874,000 | 2023 | +4.66% | +19.49% | View data |
| 7 | 7 Poland | 24,985,000 | 2023 | +1.11% | -9.24% | View data |
| 8 | 8 Hungary | 10,456,000 | 2023 | +1.71% | +1.22% | View data |
| 9 | 9 Greece | 7,444,600 | 2023 | +17.86% | +8.58% | View data |
| 10 | 10 Portugal | 7,156,900 | 2023 | +3.72% | +19.15% | View data |
