Germany leads the European fluid power equipment market with a considerable share of 57.03 million Euros as of 2024, reflecting a year-on-year increase of 5.99% in 2023. Italy and Sweden follow, holding 14.25 and 5.3 million Euros respectively, with Sweden experiencing a notable 14.01% growth. The United Kingdom and France trail behind, with France observing a decrease of 4.07% year-on-year. Smaller markets such as Romania and Poland show exceptional growth rates of 17.66% and 8.51%, respectively. Conversely, countries like Lithuania and Greece registered declines of -0.58% and -1.42% respectively.
Key trends to watch in this market include the continuous strong performance of Germany, the rapid growth in Poland and Romania, and potential improvements in underperforming markets like France and Greece. Future technological advancements and economic policies will likely influence the turnover dynamics in these countries.
Top countries in Fluid Power Equipment Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 57.03 | 2023 | +11.77% | +5.99% | View data |
| 2 | 2 Italy | 14.25 | 2023 | +0.57% | +0.021% | View data |
| 3 | 3 Sweden | 5.3 | 2023 | +6.39% | +14.01% | View data |
| 4 | 4 United Kingdom | 3.96 | 2023 | -0.49% | +0.096% | View data |
| 5 | 5 France | 3.05 | 2023 | -4.3% | -4.07% | View data |
| 6 | 6 Spain | 2.39 | 2023 | +6.26% | +4.08% | View data |
| 7 | 7 Czech Republic | 2.22 | 2023 | +9.08% | +5.88% | View data |
| 8 | 8 Poland | 1.89 | 2023 | +5.59% | +8.51% | View data |
| 9 | 9 Austria | 1.84 | 2023 | +5.46% | +0.053% | View data |
| 10 | 10 Norway | 1.43 | 2023 | +7.89% | +5.42% | View data |
