The 2023 data reveals Hungary as a dominant player in European electric lighting production, holding 46.36% of the market, while Slovakia follows at 25.77%. Noticeable year-on-year growth was seen in the Netherlands and Norway with increases of 145.29% and 49.2%, respectively. Meanwhile, Germany and the UK faced significant declines of 19.09% and 23.87%. Over five years, these trends indicate a shift, with Eastern Europe gaining production share while traditionally strong Western European countries decrease.
Looking ahead, the shift towards sustainable lighting solutions may further alter market dynamics. Keep an eye on technological innovations and policy changes that could influence market shares, with Eastern European countries potentially continuing their upward trend in production share.
Top countries in Sold Production of Electric Lighting Equipment Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 46.36 | 2023 | +5.03% | +1.4% | View data |
| 2 | 2 Slovakia | 25.77 | 2023 | +4.38% | +12.67% | View data |
| 3 | 3 Germany | 13.78 | 2023 | -22.89% | -19.09% | View data |
| 4 | 4 Czechia | 2.79 | 2023 | |||
| 5 | 5 Spain | 2.56 | 2023 | +5.85% | +2.1% | View data |
| 6 | 6 United Kingdom | 2.32 | 2023 | -15.82% | -23.87% | View data |
| 7 | 7 Netherlands | 1.73 | 2023 | +13.09% | +145.29% | View data |
| 8 | 8 Lithuania | 0.94 | 2023 | +1.97% | +1.07% | View data |
| 9 | 9 Belgium | 0.74 | 2023 | +2.37% | +15.74% | View data |
| 10 | 10 Italy | 0.66 | 2023 | -71.13% | -32.36% | View data |
