In 2023, Germany held the largest share of enterprises in the European optical instruments and photographic equipment sector with 25.32%. Poland, the United Kingdom, and Italy followed, with shares of 20.39%, 12.97%, and 6.05% respectively. Significant year-on-year changes included Lithuania’s increase of 12.47%, Estonia’s rise of 16.72%, while France saw a steep decline of 38%. Austria and Slovakia also noted positive growth in enterprise numbers, indicating a dynamic shift in enterprise distributions.
Future trends to watch include potential recovery in countries with recent declines like Italy and France. Additionally, watch for growth in Eastern European countries such as Estonia, Lithuania, and Slovakia, driven by technological advancements and investment incentives.
Top countries in Optical Instruments and Photographic Equipment Number of Enterprises Share by Country (Units (Enterprises))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 25.32 | 2023 | 0% | +0.23% | View data |
| 2 | 2 Poland | 20.39 | 2023 | +0.61% | -1.06% | View data |
| 3 | 3 United Kingdom | 12.97 | 2023 | +0.64% | +0.65% | View data |
| 4 | 4 Italy | 6.05 | 2023 | 0% | -2.42% | View data |
| 5 | 5 Netherlands | 4.97 | 2023 | -0.83% | -0.81% | View data |
| 6 | 6 Hungary | 4.85 | 2023 | 0% | -1% | View data |
| 7 | 7 Romania | 4.1 | 2023 | -1% | -2.78% | View data |
| 8 | 8 Czech Republic | 3.27 | 2023 | -7.06% | -4.79% | View data |
| 9 | 9 Switzerland | 2.57 | 2023 | -1.59% | +1% | View data |
| 10 | 10 Serbia | 1.7 | 2023 | +2.5% | +1.68% | View data |
