The 2023 data shows Germany leading European transport equipment production with 501.18 billion Euros, followed by France and Italy. Smaller economies like Luxembourg and Greece contribute minimally. From 2022 to 2023, Estonia experienced the highest growth at 3.25%, whereas Greece had a decline of 3.45%. Lithuania showed strong growth too, while Ireland faced a contraction. Germany's production increased by 1.35%, indicating moderate growth. Over the last five years, the industry has shown a steady increase overall.
Future trends to watch include technological innovations, sustainable practices, and potential shifts in production due to economic or political changes, as these can significantly impact production outputs across countries.
Top countries in Production of Transport Equipment by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 501,180 | 2023 | +1.87% | +1.35% | View data |
| 2 | 2 France | 164,980 | 2023 | +2.14% | +2.65% | View data |
| 3 | 3 Italy | 101,870 | 2023 | +1.68% | +1.12% | View data |
| 4 | 4 Spain | 94,510 | 2023 | +1.91% | +1.91% | View data |
| 5 | 5 Netherlands | 28,070 | 2023 | +3.21% | +2.81% | View data |
| 6 | 6 Austria | 23,940 | 2023 | +2.27% | +1.74% | View data |
| 7 | 7 Belgium | 16,210 | 2023 | -0.65% | +0.36% | View data |
| 8 | 8 Finland | 4,520 | 2023 | +1.94% | +1.76% | View data |
| 9 | 9 Slovenia | 4,440 | 2023 | +2.87% | +2.47% | View data |
| 10 | 10 Ireland | 940.2 | 2023 | +0.21% | -0.7% | View data |
