The European export market for thermostats, manostats, and other automatic regulating or controlling instruments is led by Germany, which holds the largest share at 26.29% in 2023. However, Germany saw a decline of 6.47% in its share year-on-year. Italy and France follow, with growing shares, at 16.98% and 12.08% respectively, marking increases of 6.13% and 4.8%. Notable growth is also seen in smaller markets like Malta, with an increase of 64.53%, and the Netherlands, with an 18.04% increase, suggesting a diversification in export dynamics.
Looking ahead, the trend suggests a continued expansion in emerging European markets, where countries like Romania, Estonia, and Bulgaria have shown positive growth. Additionally, the increasing sophistication of automated systems may spur demand across varying industrial sectors, potentially boosting exports further. Observing how technological advancements and regulatory changes impact these growth trajectories will be crucial in the coming years.
Top countries in Export of Thermostats, Manostats and Other Automatic Regulating or Controlling Instruments and Apparatus Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 26.29 | 2023 | +2.03% | -6.47% | View data |
| 2 | 2 Italy | 16.98 | 2023 | +0.13% | +6.13% | View data |
| 3 | 3 France | 12.08 | 2023 | +5.92% | +4.8% | View data |
| 4 | 4 Czechia | 9.49 | 2021 | |||
| 5 | 5 Croatia | 7.62 | 2023 | +4.1% | +4.71% | View data |
| 6 | 6 Slovenia | 7.45 | 2023 | +0.88% | +0.53% | View data |
| 7 | 7 Luxembourg | 4.9 | 2021 | +22.8% | -5.75% | View data |
| 8 | 8 Spain | 2.62 | 2023 | -3.37% | +0.084% | View data |
| 9 | 9 Slovakia | 2.15 | 2023 | -0.24% | -0.92% | View data |
| 10 | 10 Poland | 1.91 | 2023 | -0.35% | +1.03% | View data |
