In 2023, Italy led European sold production of rotating hydraulic and pneumatic motors, capturing 44.82% of the market in units. Germany followed with 35.85%, while the United Kingdom, Denmark, and Sweden together held just over 11%. Among smaller players, France had a share of 1.51%, and others like Portugal and Hungary contributed minimally. Year-on-year, Italy experienced significant growth at 32.54%, while Finland faced a notable decline of 23.38%. Over the last five years, Germany and Italy have shown remarkable CAGR, contrasting with declines in Denmark and Hungary.
Future trends to watch include:
- A potential increase in market share for Germany and Italy as they continue to innovate and invest in efficient production technologies.
- Persistent challenges for smaller markets like Portugal and Finland, where competition and economic conditions may limit growth.
- Emerging technological advances and shifts in demand patterns influenced by the green transition may redefine market dynamics significantly.
Top countries in Sold Production of Rotating Hydraulic and Pneumatic Motors Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 44.82 | 2023 | +1.39% | +32.54% | View data |
| 2 | 2 Germany | 35.85 | 2023 | +0.1% | +21.31% | View data |
| 3 | 3 United Kingdom | 5.15 | 2023 | +3.28% | +4.68% | View data |
| 4 | 4 Denmark | 4.61 | 2023 | +0.0084% | -4.16% | View data |
| 5 | 5 Sweden | 1.55 | 2023 | +1.56% | -1.56% | View data |
| 6 | 6 France | 1.51 | 2023 | +6.5% | -1.27% | View data |
| 7 | 7 Portugal | 0.094 | 2023 | -3.71% | -5.7% | View data |
| 8 | 8 Finland | 0.05 | 2023 | -33.85% | -23.38% | View data |
| 9 | 9 Spain | 0.049 | 2023 | -15.16% | +4.31% | View data |
| 10 | 10 Czechia | 0.033 | 2023 |
