The European sold production of continuous-action elevators or conveyors for goods or materials exhibits diverse growth trends across countries in 2024. Germany holds the largest share at 36.74%, though it faced a decline of 0.13% in 2023. Denmark follows with 26.58%, experiencing a 3.95% decrease. Spain and Italy, at 7.44% and 7.38% respectively, showed contrasting trends, with Italy posting a significant 10.61% increase. Smaller markets such as Portugal and Estonia saw notable growth, indicating potential for expansion despite their minor market shares.
Future trends to watch include:
- The industry's adaptation to sustainable technologies as countries strive towards greener practices.
- Expected shifts in production driven by technological advancements in automation.
- Potential market redistributions owing to economic changes or trade agreements post-2024.
- The impact of digital transformation on operational efficiencies and product innovation.
Top countries in Sold Production of Continuous-Action Elevators or Conveyors for Goods or Materials Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 36.74 | 2023 | +1.97% | -0.13% | View data |
| 2 | 2 Denmark | 26.58 | 2023 | +15.18% | -3.95% | View data |
| 3 | 3 Spain | 7.44 | 2023 | +6.2% | +0.68% | View data |
| 4 | 4 Italy | 7.38 | 2023 | -0.79% | +10.61% | View data |
| 5 | 5 Sweden | 4.28 | 2023 | +2.76% | +1.7% | View data |
| 6 | 6 Belgium | 4 | 2023 | +3.56% | +1.33% | View data |
| 7 | 7 Netherlands | 2.74 | 2023 | +7.93% | +6.55% | View data |
| 8 | 8 Czechia | 2.18 | 2023 | |||
| 9 | 9 United Kingdom | 2.02 | 2023 | +2.1% | +1.08% | View data |
| 10 | 10 Poland | 0.63 | 2023 | -9.52% | -13.5% | View data |
