In 2023, Germany led the European machinery repair turnover with a significant share, followed closely by France, Italy, and the United Kingdom. Notably, the Czech Republic and Latvia posted strong year-on-year growth of 6.41% and 3.97%, respectively. Conversely, Portugal and Bulgaria experienced declines of 1.61% and 2.48%. Small markets like Lithuania and Croatia recorded substantial increases of 9.78% and 7.79%. Overall, the market saw diverse growth patterns across countries.
Looking ahead, technological advancements, regional economic developments, and sustainability trends will impact the machinery repair market. Monitoring digitalization, innovation in repair technologies, and shifts in industrial demands will be crucial.
Top countries in Machinery Repair Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 17.54 | 2023 | -1.23% | +0.19% | View data |
| 2 | 2 France | 13.89 | 2023 | +3.63% | +1.61% | View data |
| 3 | 3 Italy | 13.8 | 2023 | +1.16% | +1.14% | View data |
| 4 | 4 United Kingdom | 12.17 | 2023 | +1.19% | +2.72% | View data |
| 5 | 5 Spain | 9.23 | 2023 | +2.45% | +2.67% | View data |
| 6 | 6 Poland | 6.52 | 2023 | +2.74% | +3.05% | View data |
| 7 | 7 Czech Republic | 5.47 | 2023 | +10.39% | +6.41% | View data |
| 8 | 8 Belgium | 3.78 | 2023 | +4.35% | +6.18% | View data |
| 9 | 9 Norway | 3.43 | 2023 | +1.59% | +2.46% | View data |
| 10 | 10 Sweden | 3 | 2023 | +0.17% | +0.49% | View data |
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