In 2023, Slovakia led the European production of bearing housings not incorporating ball or roller bearings, plain shaft bearings, with a significant 45.86% share by weight. Germany followed with a 25.92% share. France showed notable growth with an 11.19% year-on-year increase, reaching a 10.76% share. Denmark maintained a stable position at 7.22%. The markets in Italy and the United Kingdom showed moderate growth, while Hungary and Croatia saw declines. Lithuania's production remained negligible.
Future trends to monitor include:
- The sustained growth of France, potentially altering the competitive landscape.
- The impact of technological advancements and green innovations on production efficiency.
- Geopolitical and economic factors influencing market dynamics and trade relations within Europe.
Top countries in Sold Production of Bearing Housings Not Incorporating Ball or Roller Bearings, Plain Shaft Bearings Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Slovakia | 45.86 | 2023 | +3.86% | +3.14% | View data |
| 2 | 2 Germany | 25.92 | 2023 | +0.76% | -1.28% | View data |
| 3 | 3 France | 10.76 | 2023 | +8.87% | +11.19% | View data |
| 4 | 4 Denmark | 7.22 | 2023 | +39.42% | +0.17% | View data |
| 5 | 5 Czechia | 2.04 | 2023 | |||
| 6 | 6 Italy | 1.07 | 2023 | -3.99% | +2.33% | View data |
| 7 | 7 United Kingdom | 0.88 | 2023 | +1.22% | +5.81% | View data |
| 8 | 8 Hungary | 0.017 | 2023 | -7.98% | -3.18% | View data |
| 9 | 9 Croatia | 0.015 | 2023 | -13.02% | -8.93% | View data |
| 10 | 10 Lithuania | 0 | 2023 | +11.11% | View data |
