In 2023, Germany led the European sold production of electricity distribution and control apparatus with a significant share, though it showed modest growth of 0.93% year-on-year. France and Italy followed, with 2.15% and 4.64% growth, respectively. Robust growth was observed among smaller markets like Bulgaria and Serbia, with 11.44% and 21.97% increases.
Future trends to watch include:
- Potential expansion in Eastern European countries driven by technological advancements and infrastructure development.
- Sustainability-driven innovation contributing to shifts in production and demand patterns.
- Economic variations influencing investment levels, particularly in industrialized and smaller emerging economies.
Top countries in Sold Production of Electricity Distribution and Control Apparatus Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 44.78 | 2023 | +1.7% | +0.93% | View data |
| 2 | 2 France | 10.13 | 2023 | +4.41% | +2.15% | View data |
| 3 | 3 Italy | 9.48 | 2023 | +3.6% | +4.64% | View data |
| 4 | 4 United Kingdom | 5.24 | 2023 | +0.43% | +1.21% | View data |
| 5 | 5 Czechia | 3.67 | 2023 | |||
| 6 | 6 Austria | 3.58 | 2023 | +1.73% | -0.47% | View data |
| 7 | 7 Poland | 3.34 | 2023 | +2.61% | +2.36% | View data |
| 8 | 8 Spain | 2.84 | 2023 | +3.88% | +0.063% | View data |
| 9 | 9 Hungary | 2.01 | 2023 | +3.49% | +3.15% | View data |
| 10 | 10 Sweden | 1.64 | 2023 | +5.54% | +5.2% | View data |
