The European Architectural, Engineering, Technical Testing and Analysis Services Turnover Index reveals significant disparities among countries. Serbia leads with a turnover index of 36.8, showing a robust year-on-year growth of 24.61% in 2023. Other notable performers include Hungary and Romania, maintaining high indices with corresponding strong growth rates of 17.66% and 13.32%, respectively, for 2023. However, some countries like Albania and Macedonia exhibit negative or minimal growth, with rates of -7.9% and -0.82% in 2023, indicating challenges. Over the past five years, Europe has seen varied growth in this sector, with positive trends largely in Eastern Europe.
Future trends to watch include:
- The potential for recovery in underperforming countries, especially in Western and Southern Europe.
- Continued growth in Eastern European markets, potentially driven by increased demand and investment.
- The impact of technological advancements and regulatory changes on sector performance across Europe.
- Emerging environmental and sustainability trends driving the need for technical testing and analysis services.
Top countries in Architectural, Engineering, Technical Testing and Analysis Services Turnover Index by Country
| # | 10 Countries | Indexes 2015 = 100, Calendar Adjusted | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Serbia | 368 | 2022 | +35.19% | +24.61% | View data |
| 2 | 2 Hungary | 242.4 | 2022 | +4.89% | +17.66% | View data |
| 3 | 3 Romania | 217 | 2022 | +23.23% | +13.32% | View data |
| 4 | 4 Poland | 212.4 | 2022 | +22.07% | +16.56% | View data |
| 5 | 5 Montenegro | 195.2 | 2022 | +18.23% | +6.1% | View data |
| 6 | 6 Estonia | 194.2 | 2022 | +21.76% | +8.39% | View data |
| 7 | 7 Latvia | 168.5 | 2022 | +2.31% | +7.17% | View data |
| 8 | 8 Sweden | 161.4 | 2022 | +16.87% | +6.98% | View data |
| 9 | 9 Lithuania | 159.4 | 2022 | +17.99% | +8.52% | View data |
| 10 | 10 Belgium | 158.4 | 2022 | +12.74% | +4.88% | View data |
