In 2023, France dominated the European market for repair and maintenance services of steam generators and metal pipe systems in industrial plants, with €1.578 billion in production. Germany, the UK, and Belgium followed with significantly lower outputs. Notably, countries like Hungary and Estonia experienced substantial year-on-year growth, with Hungary at 36.17% and Estonia at 86.93%. In contrast, countries like the UK and Slovakia faced declines of -2.43% and -3.88%, respectively. Germany saw a modest increase of 1.14%, while Italy showed a robust growth rate of 7.34% in 2023.
Future trends to watch:
- Rising investments in Eastern European countries could sustain growth in Hungary and Estonia.
- Western European markets might face challenges due to technological shifts and economic factors.
- Focus on eco-friendly technologies could drive demand for innovative maintenance solutions.
Top countries in Sold Production of Repair and Maintenance Services of Steam Generators and of Systems of Metal Pipes in Industrial Plants by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,578,000,000 | 2023 | +0.11% | -1.44% | View data |
| 2 | 2 Germany | 633,660,000 | 2023 | +4.28% | +1.14% | View data |
| 3 | 3 United Kingdom | 455,770,000 | 2023 | -1.38% | -2.43% | View data |
| 4 | 4 Belgium | 326,540,000 | 2023 | +0.92% | +3.21% | View data |
| 5 | 5 Poland | 171,170,000 | 2023 | +3.35% | +5.86% | View data |
| 6 | 6 Finland | 145,660,000 | 2023 | +3.72% | +0.8% | View data |
| 7 | 7 Spain | 97,225,000 | 2023 | +5.53% | +0.46% | View data |
| 8 | 8 Italy | 87,671,000 | 2023 | +2.96% | +7.34% | View data |
| 9 | 9 Austria | 40,308,000 | 2023 | +0.16% | -1.81% | View data |
| 10 | 10 Croatia | 33,120,000 | 2023 | +1.22% | +2.93% | View data |