Germany maintains its leadership in European production of steering components, with 276.13 million kilograms. However, its production showed a slight decrease of 2.1% in 2023. Poland follows, with a robust increase in production by 4.4%. Czechia and France are significant players, though France experienced a notable decline of 14.12%. Sweden, with a 9.88% increase, and Romania with 4.99% growth, depict upward trends. Minor players like Denmark saw a remarkable growth of 47.66% despite being small contributors.
Future trends to watch:
- Potential geographical redistribution in production due to economic shifts.
- Technological advancements could further influence production processes and volumes.
- Sustainability efforts may drive changes in material usage, possibly impacting weight metrics.
Top countries in Sold Production of Steering Wheels, Steering Columns and Steering Boxes by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 276,130,000 | 2023 | +7.04% | -2.1% | View data |
| 2 | 2 Poland | 165,640,000 | 2023 | +3.31% | +4.4% | View data |
| 3 | 3 Czechia | 126,540,000 | 2023 | |||
| 4 | 4 France | 51,901,000 | 2023 | -7.99% | -14.12% | View data |
| 5 | 5 Sweden | 27,768,000 | 2023 | +21.94% | +9.88% | View data |
| 6 | 6 Spain | 16,687,000 | 2023 | -2.1% | -1.77% | View data |
| 7 | 7 Romania | 15,491,000 | 2023 | +3.42% | +4.99% | View data |
| 8 | 8 United Kingdom | 14,558,000 | 2023 | +0.59% | +1.09% | View data |
| 9 | 9 Slovakia | 7,800,800 | 2023 | +0.93% | +3.14% | View data |
| 10 | 10 Italy | 5,793,300 | 2023 | -1.46% | +4.15% | View data |
