In 2023, Italy held the largest share of the European Sold Production of Installation Services of Industrial Process Control Equipment, slightly ahead of Germany. France occupied third place, while Austria, Spain, and Poland followed. Noteworthy year-on-year growth was observed in Finland and Slovakia, with impressive increases of 12.85% and 12.01% respectively. In contrast, the United Kingdom and Netherlands experienced declines, with the UK showing a significant decrease of 5.53%.
Future trends to watch include:
- Continued growth in Eastern European countries like Estonia and Slovakia, potentially narrowing the gap with Western Europe.
- The influence of technological advancements on Germany's position as a leader in this sector.
- Potential recovery or further decline in the UK and Netherlands, which face varying economic and political landscapes.
Top countries in Sold Production of Installation Services of Industrial Process Control Equipment Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 23.6 | 2023 | +7.27% | +1.15% | View data |
| 2 | 2 Germany | 22.63 | 2023 | +1.86% | +4.3% | View data |
| 3 | 3 France | 19.88 | 2023 | +0.55% | +3.15% | View data |
| 4 | 4 Austria | 6.05 | 2023 | +0.91% | +3.42% | View data |
| 5 | 5 Spain | 4.78 | 2023 | +5.65% | +2.9% | View data |
| 6 | 6 Poland | 3.84 | 2023 | +2.38% | +1.71% | View data |
| 7 | 7 United Kingdom | 3.61 | 2023 | -9.49% | -5.53% | View data |
| 8 | 8 Finland | 3.57 | 2023 | +0.54% | +12.85% | View data |
| 9 | 9 Netherlands | 3.16 | 2023 | +5.08% | -1.59% | View data |
| 10 | 10 Slovakia | 2.08 | 2023 | +3.89% | +12.01% | View data |
