The European market for generator sets with compression-ignition internal combustion piston engines over 750 kVA in 2023 shows Germany leading in production value at 273.63 million euros. France follows with 229.47 million euros, while Finland trails with 205.39 million euros. The United Kingdom and Italy hold mid-tier positions with 138.08 and 137.71 million euros, respectively. Spain, Portugal, Denmark, and Croatia account for lower production values, with Spain at 73.715 million euros.
Year-on-year variations in 2023 indicate distinct trends: Germany and Italy saw notable increases at 7.82% and 12.12% respectively, while the United Kingdom and Croatia experienced declines of 14.99% and 14.21%. Finland's market remained stable with a growth rate of 0.56%.
Future trends to watch for in the European generator set market include technological advancements and regulatory changes that could impact production and demand. A growing focus on renewable energy and efficiency may influence market dynamics and investment strategies. Countries with upcoming policy shifts or significant energy sector investments are expected to experience noticeable changes in production and sales volumes.
Top countries in Sold Production of Generator Sets with Compression-Ignition Internal Combustion Piston Engines of an Output More than 750 kVA by Country
# | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 273,630,000 | 2023 | +5.16% | +7.82% | View data |
2 | 2 France | 229,470,000 | 2023 | +3.93% | +4.19% | View data |
3 | 3 Finland | 205,390,000 | 2023 | +12.87% | +0.56% | View data |
4 | 4 United Kingdom | 138,080,000 | 2023 | -16.02% | -14.99% | View data |
5 | 5 Italy | 137,710,000 | 2023 | +1.86% | +12.12% | View data |
6 | 6 Spain | 73,715,000 | 2023 | +11.09% | +2.59% | View data |
7 | 7 Portugal | 12,926,000 | 2023 | +5.61% | +2.5% | View data |
8 | 8 Denmark | 5,899,000 | 2023 | +10.85% | +10.5% | View data |
9 | 9 Croatia | 221,490 | 2023 | -5.31% | -14.21% | View data |