The European market for the installation of industrial machinery and equipment has displayed varied growth rates across different countries. In 2023, France led with the highest number of enterprises, followed by Italy and Poland. Belgium, Malta, and Serbia showed the most significant year-on-year growth, while Sweden and Iceland experienced declines. The sector in Poland, the Czech Republic, and the Netherlands has seen robust growth over the past year. However, slow growth or decline has been observed in Sweden, Iceland, and Italy due to various economic uncertainties.
Looking forward, the focus is likely to be on digital transformation and sustainable technologies. Countries such as Poland and the Czech Republic may continue to drive growth, supported by increasing industrial investments. Monitoring geopolitical changes and regulatory developments will be crucial as they can significantly impact the industry's trajectory.
Top countries in Installation of Industrial Machinery and Equipment Number of Enterprises by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 8,570 | 2023 | -0.22% | +0.87% | View data |
| 2 | 2 Italy | 7,380 | 2023 | +4.73% | +0.55% | View data |
| 3 | 3 Poland | 7,280 | 2023 | +5.84% | +5.78% | View data |
| 4 | 4 Germany | 5,760 | 2023 | +3.12% | +4.27% | View data |
| 5 | 5 Czech Republic | 3,880 | 2023 | +5.07% | +7.14% | View data |
| 6 | 6 Netherlands | 3,150 | 2023 | +6.96% | +8.74% | View data |
| 7 | 7 United Kingdom | 2,640 | 2023 | +3.36% | +4.05% | View data |
| 8 | 8 Hungary | 1,950 | 2023 | +3.17% | +5.22% | View data |
| 9 | 9 Spain | 1,100 | 2023 | +5.24% | +5.59% | View data |
| 10 | 10 Slovenia | 813 | 2023 | +3.7% | +4.42% | View data |
