In 2023, Germany led the European production value of technical testing and analysis with 23.84 million euros, growing by 3.44%. France followed at 19.81 million euros with a 2.12% increase. The United Kingdom and Switzerland showed negative trends with slight reductions of 0.56% and 2.46%, respectively. Noteworthy growth was observed in Bulgaria at 19.02%, and Luxembourg at 11.08%, reflecting strong sector expansion. Central and Eastern European countries like Poland and Hungary displayed significant upward trends at 3.89% and 6.81% respectively, indicating vibrancy and potential in the sector.
Future trends to watch include continued growth momentum in Eastern Europe due to increasing industrialization and technological advancements. Brexit's impact on the UK's technical testing and analysis market will be pivotal, as will economic policies affecting EU-based businesses in major markets like Germany and France. Sustainability concerns and digital transformations are likely to play crucial roles in shaping sector demands.
Top countries in Production Value of Technical Testing and Analysis Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 23.84 | 2023 | +3.37% | +3.44% | View data |
| 2 | 2 France | 19.81 | 2023 | +7.74% | +2.12% | View data |
| 3 | 3 United Kingdom | 9.07 | 2023 | -0.26% | -0.56% | View data |
| 4 | 4 Italy | 8.96 | 2023 | +2.53% | +2.47% | View data |
| 5 | 5 Spain | 5.78 | 2023 | +1.03% | +1.67% | View data |
| 6 | 6 Netherlands | 5.09 | 2023 | +2.75% | +2.86% | View data |
| 7 | 7 Belgium | 3.55 | 2023 | +2.8% | +4.42% | View data |
| 8 | 8 Norway | 3.21 | 2023 | +4.06% | +0.43% | View data |
| 9 | 9 Switzerland | 2.38 | 2023 | +10.04% | -2.46% | View data |
| 10 | 10 Poland | 2.18 | 2023 | +3.43% | +3.89% | View data |
