In 2023, Italy leads European production of engines and turbines with a 29.37% share, marking a 14.04% increase from the previous year. Finland follows with 24.52%, though experiencing a decline of 2.1%. Sweden registers a significant rise at 25.9%, reaching a 22.46% share. Germany, holding 10%, saw a slight increase of 2.89%, while Denmark, with 9.63%, faced a considerable drop of 13.27%. Other notable changes include Estonia's 71.14% surge reaching 1.34% of the share. The remaining countries have marginal impacts, with little to no variation in their shares.
Future trends to monitor include the sustained growth in Italy and Sweden, the recovery of Finland and Denmark, and the emerging role of Estonia. The sector may face shifts due to technological advancements and regulatory changes, potentially influencing production dynamics across Europe.
Top countries in Sold Production of Engines and Turbines (Except Aircraft, Vehicle and Cycle Engines) Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 29.37 | 2023 | -33.97% | +14.04% | View data |
| 2 | 2 Finland | 24.52 | 2023 | -1.15% | -2.1% | View data |
| 3 | 3 Sweden | 22.46 | 2023 | +3.46% | +25.9% | View data |
| 4 | 4 Germany | 10 | 2023 | -17.55% | +2.89% | View data |
| 5 | 5 Denmark | 9.63 | 2023 | +5.7% | -13.27% | View data |
| 6 | 6 Slovakia | 6.58 | 2023 | +4.76% | +1.32% | View data |
| 7 | 7 Poland | 1.85 | 2023 | +5.74% | +3.95% | View data |
| 8 | 8 Spain | 1.47 | 2023 | -1.88% | View data | |
| 9 | 9 Estonia | 1.34 | 2023 | +3.92% | +71.14% | View data |
| 10 | 10 France | 1.2 | 2021 | -7.69% | -14.33% | View data |
