In 2023, Germany had the highest turnover in the European Electricity, Gas, Steam, and Air Conditioning Supply sector at €607.09 billion, showing a year-on-year increase of 0.59%. Italy followed with €253.07 billion, and a significant year-on-year rise of 3.05%. The United Kingdom and France recorded turnovers of €148.06 billion and €118.09 billion, respectively, with moderate increases of 1.04% and 0.27%. Among smaller markets, the Czech Republic and Poland showed notable progress with year-on-year variations of 4.6% and 4.57%, respectively. On the contrary, the Netherlands and Belgium recorded decreases of 8.23% and 4.98%. Greece demonstrated an impressive growth rate of 5.27%, while Norway and Iceland saw declines of 3.53% and 6.19%, respectively.
Future trends to watch in this sector include the increasing adoption of renewable energy sources, which may impact turnover in traditional electricity, gas, and steam subsectors. Additionally, policy changes and technological advancements will likely drive growth in sustainable air conditioning solutions, further influencing turnover variability across countries. Additionally, fluctuating energy prices and geopolitical factors will be critical in shaping the sector's financial landscape.
Top countries in Electricity, Gas, Steam and Air Conditioning Supply Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 607,090 | 2023 | +2.74% | +0.59% | View data |
| 2 | 2 Italy | 253,070 | 2023 | +10.22% | +3.05% | View data |
| 3 | 3 United Kingdom | 148,060 | 2023 | +1.14% | +1.04% | View data |
| 4 | 4 France | 118,090 | 2023 | +1.33% | +0.27% | View data |
| 5 | 5 Spain | 109,800 | 2023 | +7.55% | +3.04% | View data |
| 6 | 6 Czech Republic | 62,000 | 2023 | +7.81% | +4.6% | View data |
| 7 | 7 Poland | 57,630 | 2023 | +2.88% | +4.57% | View data |
| 8 | 8 Austria | 51,830 | 2023 | +3.65% | +2.69% | View data |
| 9 | 9 Switzerland | 46,470 | 2023 | +3.08% | +3.83% | View data |
| 10 | 10 Denmark | 45,480 | 2023 | +8.2% | +2.94% | View data |
