The European sold production of parts for transmission, cam and crankshafts, and other related components is predominantly led by Germany, which accounted for a significant share of the market at 83.44%. Poland, Romania, and Sweden follow, each contributing over 2% to the market. France and the United Kingdom contribute less than 2%, with the latter experiencing a notable decline of 4.59% in 2023. Spain's production surged by 15.33% in the same period, while Denmark had an exceptional growth rate of 172.63%. Conversely, Italy faced a steep decline of 11.71%.
Looking ahead, future trends to watch include potential shifts in production volumes driven by technological advancements and regulatory changes. The focus on sustainability and electrification in the automotive industry may lead to increased demand for innovative transmission parts. Markets like Spain and Denmark, which exhibited substantial growth, may continue to gain prominence. Additionally, countries with declining trends might look into modernization efforts and strategic partnerships to revitalize their industries.
Top countries in Sold Production of Parts of Transmission, Cam and Crankshafts, Cranks, Plain Shaft Bearings, Gears Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 83.44 | 2023 | +5.6% | +0.93% | View data |
| 2 | 2 Poland | 3.6 | 2023 | +4.34% | +4.23% | View data |
| 3 | 3 Sweden | 2.52 | 2023 | +8.42% | +3.15% | View data |
| 4 | 4 Romania | 2.36 | 2023 | +6.17% | +4.44% | View data |
| 5 | 5 France | 1.75 | 2023 | +2.48% | +1.22% | View data |
| 6 | 6 United Kingdom | 1.7 | 2023 | -4.43% | -4.59% | View data |
| 7 | 7 Slovakia | 1.48 | 2023 | +0.33% | +0.66% | View data |
| 8 | 8 Finland | 1.44 | 2023 | -0.55% | -0.95% | View data |
| 9 | 9 Hungary | 1.31 | 2023 | +2.75% | +2.66% | View data |
| 10 | 10 Czechia | 1.11 | 2023 |
