The analysis of European sold production of continuous-action elevators or conveyors reveals that, in 2023, Germany led the market with a production of 216.01 thousand items, closely followed by Denmark at 156.28 thousand. Spain and Italy showed modest production levels of approximately 43 thousand each, with varying year-on-year growth rates showing Italy's significant increase of 10.61%. Poland and France experienced declines of -13.5% and -15.3% respectively, contributing to a decrease among other smaller producers.
Future trends to watch for include:
- Potential growth in the Netherlands, projected due to their increasing year-on-year growth rate of 6.55%.
- Investment opportunities could be promising in Portugal, given their impressive year-on-year growth of 44.89%.
- Ongoing technological advancements and environmental regulations may influence production patterns and competition within the industry.
Top countries in Sold Production of Continuous-Action Elevators or Conveyors for Goods or Materials by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 216,010 | 2023 | +1.97% | -0.13% | View data |
| 2 | 2 Denmark | 156,280 | 2023 | +15.18% | -3.95% | View data |
| 3 | 3 Spain | 43,740 | 2023 | +6.2% | +0.68% | View data |
| 4 | 4 Italy | 43,370 | 2023 | -0.79% | +10.61% | View data |
| 5 | 5 Sweden | 25,140 | 2023 | +2.76% | +1.7% | View data |
| 6 | 6 Belgium | 23,510 | 2023 | +3.56% | +1.33% | View data |
| 7 | 7 Netherlands | 16,090 | 2023 | +7.93% | +6.55% | View data |
| 8 | 8 Czechia | 12,840 | 2023 | |||
| 9 | 9 United Kingdom | 11,900 | 2023 | +2.1% | +1.08% | View data |
| 10 | 10 Poland | 3,710 | 2023 | -9.52% | -13.5% | View data |
