In 2024, France leads European communication equipment production with a value of 16.95 billion euros, reflecting a substantial growth of 8.4% year-on-year. Finland follows with 5.67 billion euros, albeit with a minor decline of 0.51%, and Germany ranks third at 4.84 billion euros, showing a decrease of 2.03%. Hungary and Sweden exhibit divergent paths, with Hungary decreasing by 0.94% to 4.16 billion euros and Sweden surging by 56.62% to 3.22 billion euros.
The United Kingdom, Italy, and Switzerland display negative trends, with values decreasing by 2.97%, 6.27%, and 10.73%, respectively. Poland and Spain present marginal growths, while Romania and Lithuania show notable increases of 7.0% and 46.07%. Meanwhile, smaller markets like Greece and Bosnia and Herzegovina see significant decreases, especially Greece with a 24.25% drop.
Future trends to watch include Sweden's rapid growth potential, driven by technological advancements, and the resurgence of markets like Lithuania and Romania. Monitoring the impact of geopolitical factors and technological innovations will be crucial for forecasting the European communication equipment production landscape.
Top countries in Communication Equipment Production Value by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 16,950 | 2023 | +4.48% | +8.4% | View data |
| 2 | 2 Finland | 5,670 | 2023 | -6.63% | -0.51% | View data |
| 3 | 3 Germany | 4,840 | 2023 | -3.14% | -2.03% | View data |
| 4 | 4 Hungary | 4,160 | 2023 | +14.59% | -0.94% | View data |
| 5 | 5 Sweden | 3,220 | 2023 | +25.87% | +56.62% | View data |
| 6 | 6 United Kingdom | 2,430 | 2023 | -3.09% | -2.97% | View data |
| 7 | 7 Italy | 2,280 | 2023 | -8.75% | -6.27% | View data |
| 8 | 8 Poland | 1,670 | 2023 | +0.78% | +0.42% | View data |
| 9 | 9 Spain | 871.6 | 2023 | +3.25% | +0.86% | View data |
| 10 | 10 Czech Republic | 616 | 2023 | +0.39% | +0.29% | View data |
