In 2023, Italy led with 1.75K high-growth land transport enterprises, showing a 7.69% increase. Hungary followed with a significant 13.51% rise at 0.932K. Lithuania and Iceland saw modest increases of 3.77% and 9.86%, respectively, whereas Latvia experienced a 12.8% decline. Romania, Portugal, and Norway experienced moderate growth around 5%. The Czech Republic and Slovakia experienced minimal changes. Future trends suggest a potential focus on sustainable transport innovations and digitalization, especially for countries lagging behind, to boost the number of high-growth enterprises in the land transport sector in the coming years.
Top countries in Number of High Growth Enterprises in Land Transport and Transport via Pipelines by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 1,750 | 2023 | +15.62% | +7.69% | View data |
| 2 | 2 Hungary | 932 | 2023 | +15.67% | +13.51% | View data |
| 3 | 3 Lithuania | 664 | 2023 | +11.8% | +3.77% | View data |
| 4 | 4 Romania | 482 | 2023 | +15.31% | +5.43% | View data |
| 5 | 5 Portugal | 451 | 2023 | +13.32% | +7.14% | View data |
| 6 | 6 Czech Republic | 423 | 2023 | +6.28% | +0.87% | View data |
| 7 | 7 Slovakia | 164 | 2023 | +6.49% | +1.27% | View data |
| 8 | 8 Norway | 82 | 2023 | +12.33% | +1.53% | View data |
| 9 | 9 Latvia | 62 | 2023 | -13.89% | -12.8% | View data |
| 10 | 10 Iceland | 8 | 2023 | +14.29% | +9.86% | View data |
