In 2023, Italy held a dominant position in the European electrical and electronic equipment sector for motor vehicles, with 41.56% of the enterprises. The Czech Republic, Germany, and the United Kingdom followed with single-digit shares, while other European countries showed varied contributions. Year-on-year variations suggest dynamic shifts, with significant increases in the Netherlands, Belgium, and Finland, contrasting declines in the Czech Republic, Greece, and Latvia. Notably, Italy saw substantial growth.
Projected future trends include:
- Potential consolidation and mergers within the sector as firms vie for market share.
- Technological advancements and sustainability efforts driving industry innovations.
- Regulatory changes impacting cross-border operations and enterprise setups.
- Increased collaboration across the EU for standardizing electrical infrastructure.
Top countries in Electrical and Electronic Equipment for Motor Vehicles Number of Enterprises Share by Country (Units (Enterprises))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 41.56 | 2023 | +23.48% | +36.42% | View data |
| 2 | 2 Czech Republic | 8.18 | 2023 | -4.82% | -3.95% | View data |
| 3 | 3 Germany | 7.54 | 2023 | -0.5% | +0.72% | View data |
| 4 | 4 United Kingdom | 7.24 | 2023 | +0.52% | +0.64% | View data |
| 5 | 5 Poland | 6 | 2023 | -0.63% | -1.56% | View data |
| 6 | 6 France | 3.66 | 2023 | +2.11% | +2.2% | View data |
| 7 | 7 Sweden | 3.05 | 2023 | -1.22% | -1.42% | View data |
| 8 | 8 Romania | 3.05 | 2023 | +3.85% | +3.87% | View data |
| 9 | 9 Hungary | 2.6 | 2023 | 0% | -0.57% | View data |
| 10 | 10 Spain | 1.77 | 2023 | +2.17% | +2.28% | View data |
