Germany holds the largest share in the European Fluid Power Equipment market at 16.69%, followed closely by Poland (16.1%) and Italy (14.53%). France and the United Kingdom also contribute significantly with shares of 11.1% and 7.17%, respectively. Notably, smaller markets like Belgium and Romania are showing marked growth with high year-on-year variations of 5.25% and 5.92% for 2023, despite their relatively low market shares of 2.44% and 1.73%.
Key future trends to watch include continued strong performance by Poland, Italy, and smaller markets such as Romania. Innovation in industrial equipment and transitioning towards energy-efficient solutions can further influence market shares. Germany's dominance remains stable but faces growing competition from its European counterparts.
Top countries in Fluid Power Equipment Number of Enterprises Share by Country (Units (Enterprises))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 16.69 | 2023 | +0.47% | +2% | View data |
| 2 | 2 Poland | 16.1 | 2023 | +3.54% | +3.22% | View data |
| 3 | 3 Italy | 14.53 | 2023 | +3.94% | +3.41% | View data |
| 4 | 4 France | 11.1 | 2023 | -0.35% | +0.95% | View data |
| 5 | 5 United Kingdom | 7.17 | 2023 | +1.68% | +1.14% | View data |
| 6 | 6 Spain | 4.09 | 2023 | +0.97% | 0% | View data |
| 7 | 7 Netherlands | 3.66 | 2023 | +1.09% | +1.82% | View data |
| 8 | 8 Hungary | 3.27 | 2023 | +5.06% | +2.88% | View data |
| 9 | 9 Sweden | 2.56 | 2023 | 0% | +3.4% | View data |
| 10 | 10 Belgium | 2.44 | 2023 | +1.64% | +5.25% | View data |
