Germany leads the European market for the production of electricity distribution and control apparatus, with France and Italy significantly behind. Netherlands, Bulgaria, and Serbia showed impressive year-on-year growth rates in 2023, while Austria experienced a decrease. Portugal also demonstrated significant growth, whereas Croatia, multi-year trends have been stable with little variation. Over the last five years, technological advancements and increased demand have bolstered production, with growth particularly notable in Eastern European and smaller Western countries.
Future trends to watch include increased adoption of smart grid technologies, renewable energy integration, and the drive for energy efficiency. Investment and innovation will likely focus on enhancing the grid's intelligence, security, and flexibility, propelling the production and demand for advanced control apparatus.
Top countries in Sold Production of Electricity Distribution and Control Apparatus by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 21,397,000,000 | 2023 | +1.7% | +0.93% | View data |
| 2 | 2 France | 4,839,000,000 | 2023 | +4.41% | +2.15% | View data |
| 3 | 3 Italy | 4,527,900,000 | 2023 | +3.6% | +4.64% | View data |
| 4 | 4 United Kingdom | 2,503,700,000 | 2023 | +0.43% | +1.21% | View data |
| 5 | 5 Czechia | 1,751,300,000 | 2023 | |||
| 6 | 6 Austria | 1,712,000,000 | 2023 | +1.73% | -0.47% | View data |
| 7 | 7 Poland | 1,596,100,000 | 2023 | +2.61% | +2.36% | View data |
| 8 | 8 Spain | 1,356,900,000 | 2023 | +3.88% | +0.063% | View data |
| 9 | 9 Hungary | 961,800,000 | 2023 | +3.49% | +3.15% | View data |
| 10 | 10 Sweden | 782,920,000 | 2023 | +5.54% | +5.2% | View data |
