In 2023, Germany, France, and Poland led the European sold production of electricity distribution and control apparatus repair and maintenance, standing out with values significantly higher than their counterparts. Notable year-on-year growth was observed in Belgium and Estonia, highlighting regional investment and demand. Conversely, Italy and Hungary saw declines, reflecting potential market saturation or economic constraints. The market has showcased varied investment levels and economic resilience across countries, with these variations influencing overall growth rates.
Future trends to watch include:
- Technological advancements and smart grid implementations potentially driving demand in Western European countries.
- An increase in cross-border projects within the European Union emphasizing regional collaboration.
- Expansion opportunities in less saturated markets like Eastern Europe, driven by infrastructure investments.
- Environmental regulations possibly reshaping repair and maintenance technologies and practices.
Top countries in Sold Production of Electricity Distribution and Control Apparatus Repair and Maintenance by Country
# | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 614,000,000 | 2023 | +4.44% | +6.7% | View data |
2 | 2 France | 593,750,000 | 2023 | +3.92% | +1.93% | View data |
3 | 3 Poland | 271,780,000 | 2023 | +2.81% | +1% | View data |
4 | 4 Austria | 205,940,000 | 2023 | +11.06% | +0.5% | View data |
5 | 5 United Kingdom | 202,190,000 | 2023 | +0.17% | +4.6% | View data |
6 | 6 Italy | 194,040,000 | 2023 | +3.99% | -2.98% | View data |
7 | 7 Belgium | 138,200,000 | 2023 | +27.98% | +38.43% | View data |
8 | 8 Slovakia | 123,070,000 | 2023 | +1.79% | -3.76% | View data |
9 | 9 Spain | 102,530,000 | 2023 | +5.5% | +1.38% | View data |
10 | 10 Czechia | 55,389,000 | 2023 |