The "Czech Republic" leads in the number of electrical equipment enterprises in Europe with 5,850, showing a decline of 5.42% compared to the previous year. Germany follows with a modest growth of 1.36%. Notably, Italy experienced a substantial drop of 14.82%. Belgium saw a significant increase of 4.36%. In contrast, Spain, Hungary, and France saw declines in enterprise numbers.
Future trends to watch for include:
- Continued growth in Poland and the Netherlands, which could sustain positive momentum.
- Potential recovery in Italy if the industry adapts to current challenges.
- Monitoring evolving environmental policies could shift industry dynamics.
- Technological advancements and shifts towards sustainable practices may influence enterprise numbers.
Top countries in Electrical Equipment Number of Enterprises by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Czech Republic | 5,850 | 2023 | -5.73% | -5.42% | View data |
| 2 | 2 Germany | 2,370 | 2023 | +0.35% | +1.36% | View data |
| 3 | 3 Poland | 1,180 | 2023 | +2.79% | +1.97% | View data |
| 4 | 4 Italy | 1,020 | 2023 | -21.72% | -14.82% | View data |
| 5 | 5 United Kingdom | 807 | 2023 | -1.34% | -1.29% | View data |
| 6 | 6 Slovakia | 545 | 2023 | +1.68% | +0.37% | View data |
| 7 | 7 Spain | 504 | 2023 | -5.79% | -6.65% | View data |
| 8 | 8 France | 453 | 2023 | -3.82% | -1.76% | View data |
| 9 | 9 Netherlands | 367 | 2023 | +0.27% | +1.07% | View data |
| 10 | 10 Hungary | 266 | 2023 | -0.75% | -1.37% | View data |
