In 2023, Germany held the largest share of European sold production of hydrometers, thermometers, pyrometers, barometers, hygrometers, and psychrometers, contributing significantly at over 40%. Finland followed with an 18.27% share, showing a robust year-on-year increase of 13.2%. Italy and Belgium also demonstrated growth, while the United Kingdom and Netherlands saw declines. Notably, Bulgaria experienced the largest drop in production value. Over five years, disparities in growth rates have been significant, with Finland and Belgium as notable performers.
Looking forward, technological advancements, sustainability demands, and potential economic fluctuations are key trends to watch. These factors could influence production dynamics across countries, with opportunities for innovation in smart and eco-friendly products driving future market growth in Europe.
Top countries in Sold Production of Hydrometers, Thermometers, Pyrometers, Barometers, Hygrometers and Psychrometers Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 40.72 | 2023 | +0.85% | -0.81% | View data |
| 2 | 2 Finland | 18.27 | 2023 | +6.63% | +13.2% | View data |
| 3 | 3 Italy | 11.37 | 2023 | +1.71% | +6.37% | View data |
| 4 | 4 United Kingdom | 7.5 | 2023 | -1.89% | -7.84% | View data |
| 5 | 5 Belgium | 6.68 | 2023 | +13.51% | +9.41% | View data |
| 6 | 6 Estonia | 5.28 | 2023 | +3.69% | +6.22% | View data |
| 7 | 7 France | 3.91 | 2023 | -3.66% | -6.66% | View data |
| 8 | 8 Denmark | 2.56 | 2023 | +17.25% | -4.77% | View data |
| 9 | 9 Poland | 1.62 | 2023 | +5.66% | +2.69% | View data |
| 10 | 10 Netherlands | 1.61 | 2023 | +25.01% | -7.84% | View data |
