In 2023, Italy led the European sold production of sawing or cutting-off machines for working metals, metal carbides, or cermets, with a production volume of 8.84 thousand items, followed closely by Germany at 8.72 thousand. Czechia maintained a notable production level at 7.31 thousand, while countries like France, Denmark, and Spain contributed with significantly lower volumes. The trends from 2022 to 2023 showed a decline in production for Italy and Germany, while France and Finland exhibited growth, with Finland experiencing a substantial increase of 6.58% in its production rate. The compound annual growth rate for several countries has been stable, indicating consistent production strategies.
Future trends to watch in the European market include the adoption of advanced manufacturing technologies and automation, particularly in leading countries like Italy and Germany. Environmental sustainability and energy efficiency in machine production will increasingly influence market dynamics. Additionally, geopolitical factors and supply chain constraints may affect production capacity and export potential across various European nations.
- Italy: declined by 5.12% year-on-year in 2023, yet remains a leader in production volume.
- Germany: showed a mild decrease of 1.64% in production, still ranks high in outputs.
- France: experienced a growth of 4.65%, supporting a positive output trajectory.
- Denmark: modest upswing of 2.47% in production signifies potential growth.
- Bulgaria: endured a 4.14% decrease, highlighting areas for strategic improvement.
- Austria and Hungary: showed stability with minor changes, while Finland increased significantly by 6.58% in output.
Monitoring digitization, innovative material design, and regional economic policies are essential for anticipating future shifts in the sawing and cutting-off machine market in Europe.
Top countries in Sold Production of Sawing or Cutting-Off Machines for Working Metals, Metal Carbides or Cermets by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 8,840 | 2023 | -14.5% | -5.12% | View data |
| 2 | 2 Germany | 8,720 | 2023 | +2.63% | -1.64% | View data |
| 3 | 3 Czechia | 7,310 | 2023 | |||
| 4 | 4 France | 1,290 | 2023 | +0.86% | +4.65% | View data |
| 5 | 5 Denmark | 1,000 | 2023 | +5.48% | +2.47% | View data |
| 6 | 6 Spain | 907 | 2021 | View data | ||
| 7 | 7 Bulgaria | 297 | 2023 | -3.26% | -4.14% | View data |
| 8 | 8 Austria | 196 | 2023 | +11.36% | +1.77% | View data |
| 9 | 9 Hungary | 93 | 2023 | +6.9% | View data | |
| 10 | 10 Finland | 11 | 2023 | +57.14% | +6.58% | View data |
