The European engines and turbines sector shows significant disparity in Gross Value Added per Employee FTE across countries in 2023. Belgium leads with a high of 528.2 thousand euros, indicative of advanced production capabilities or higher value-added processes. Denmark and Sweden follow, while major economies like Germany, the UK, and France lag behind, with lower figures reflecting potential cost inefficiencies or less focus on high-value segments. Eastern European countries generally show lower values, indicating room for growth and productivity enhancement.
Future trends to watch in the industry include:
- Technological advancements in turbine efficiency and eco-friendly engine production.
- Impact of regulatory changes aimed at reducing carbon footprints and boosting green energy investments.
- Potential shifts in global supply chains affecting production costs and added value.
- Increasing digitalization and automation practices could improve value add across countries with currently lower metrics.
Top countries in Engines and Turbines Gross Value Added Per Employee FTE by Country
| # | 10 Countries | Thousand Euros | Last Year | |
|---|---|---|---|---|
| 1 | 1 Belgium | 528.2 | 2023 | View data |
| 2 | 2 Denmark | 242.1 | 2023 | View data |
| 3 | 3 Sweden | 155 | 2023 | View data |
| 4 | 4 Italy | 134.8 | 2023 | View data |
| 5 | 5 Iceland | 105.7 | 2023 | View data |
| 6 | 6 Germany | 97.2 | 2023 | View data |
| 7 | 7 United Kingdom | 84.3 | 2023 | View data |
| 8 | 8 Austria | 82.4 | 2023 | View data |
| 9 | 9 Norway | 69 | 2023 | View data |
| 10 | 10 Spain | 64.7 | 2023 | View data |
