The European sold production of generator sets with compression-ignition internal combustion piston engines ranging from 375 kVA to 750 kVA in 2023 was significantly led by Italy, which maintained a robust production volume. Italy experienced substantial growth year-on-year, with other countries like Germany and Portugal also showing positive trends albeit at a smaller scale. Conversely, Spain, the United Kingdom, and Denmark faced notable declines in their production output. Over a five-year span, the compounded annual growth rate highlights Italy as a standout performer while most other countries saw reductions or minimal growth.
Looking ahead, the industry could see shifts driven by increasing demand for sustainable and renewable energy alternatives, regulatory changes favoring greener technologies, and economic factors impacting production costs. Monitoring technological advancements and policy developments in renewable energy will be crucial for future competitiveness in the European market.
Top countries in Sold Production of Generator Sets with Compression-Ignition Internal Combustion Piston Engines of an Output 375 kVA But - 750 kVA by Country
| # | 8 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 303,810 | 2023 | +48.59% | +170.88% | View data |
| 2 | 2 Spain | 1,140 | 2023 | +5.15% | -2.71% | View data |
| 3 | 3 United Kingdom | 828 | 2023 | -32.63% | -19.04% | View data |
| 4 | 4 Germany | 320 | 2023 | +0.31% | +1.5% | View data |
| 5 | 5 Portugal | 123 | 2023 | +5.13% | +8.45% | View data |
| 6 | 6 Denmark | 22 | 2023 | 0% | -18.18% | View data |
| 7 | 7 Slovakia | 6 | 2023 | -14.29% | +3.71% | View data |
| 8 | 8 Croatia | 5 | 2023 | 0% | -20.76% | View data |
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