In 2023, Austria led European production of electricity distribution and control apparatus with a substantial year-on-year increase of 138.53%, reaching 27.57 units (items). The United Kingdom and Germany followed, recording smaller yet positive growths of 8.04% and 2.62%, respectively. Portugal experienced a remarkable surge of 122.12%. Meanwhile, countries like Poland and Croatia saw declines of 6.09% and 21.61%, respectively. Overall, this market is quite dynamic with notable shifts in leadership.
Future trends to watch in this sector include:
- Potential continued growth in countries like Austria and Portugal, driven by enhanced manufacturing capabilities and technological advancements.
- Resurgence opportunities in markets showing declines, such as Poland and Croatia, due to strategic investments and increased demand for renewable energy solutions.
- Impact of Europe's green energy policies aimed at supporting sustainable electricity distribution apparatus production.
- Innovation trends, particularly in smart grid technology, which could reshape the apparatus production landscape.
Top countries in Sold Production of Electricity Distribution and Control Apparatus Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 27.57 | 2023 | +30.84% | +138.53% | View data |
| 2 | 2 United Kingdom | 17.28 | 2023 | +4.42% | +8.04% | View data |
| 3 | 3 Germany | 16.47 | 2023 | +1.1% | +2.62% | View data |
| 4 | 4 Italy | 11.72 | 2023 | +12.73% | +6.55% | View data |
| 5 | 5 France | 6.74 | 2023 | +0.8% | +3.38% | View data |
| 6 | 6 Portugal | 6.35 | 2023 | +8.64% | +122.12% | View data |
| 7 | 7 Romania | 5.02 | 2023 | +3.35% | +4.88% | View data |
| 8 | 8 Hungary | 3.23 | 2023 | +1.52% | +0.17% | View data |
| 9 | 9 Poland | 1.89 | 2023 | -0.77% | -6.09% | View data |
| 10 | 10 Bulgaria | 1.43 | 2023 | +3.48% | -4.43% | View data |
