In 2023, Germany remains the leader in European production of linear acting hydraulic and pneumatic motors, despite a 3.15% decline. Italy and the UK saw growth, with Italy increasing by 6.46% and the UK by 2.85%. Notable increases include Bulgaria's 6.12% and Spain's exceptional 95.44%. France and Ireland faced significant decreases at 5.75% and 7.79% respectively.
Looking forward, Europe's market for hydraulic and pneumatic cylinders is poised for growth in Eastern Europe, as emerging markets like Poland and Hungary continue to expand. Additionally, technological advancements and the push towards sustainable solutions may significantly impact market dynamics. Trend watch: the development of eco-friendly and energy-efficient systems.
Top countries in Sold Production of Linear Acting Hydraulic and Pneumatic Motors (Cylinders) Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 44.8 | 2023 | +3.7% | -3.15% | View data |
| 2 | 2 Italy | 23.59 | 2023 | +7.94% | +6.46% | View data |
| 3 | 3 United Kingdom | 10.06 | 2023 | +3.92% | +2.85% | View data |
| 4 | 4 Poland | 5.14 | 2023 | +3.72% | +2% | View data |
| 5 | 5 Bulgaria | 3.67 | 2023 | +4.19% | +6.12% | View data |
| 6 | 6 France | 2.77 | 2023 | +9.27% | -5.75% | View data |
| 7 | 7 Austria | 2.26 | 2021 | +4.84% | View data | |
| 8 | 8 Ireland | 2.04 | 2023 | +5.52% | -7.79% | View data |
| 9 | 9 Finland | 1.51 | 2023 | +12.08% | +2.2% | View data |
| 10 | 10 Sweden | 1.34 | 2023 | +8.04% | +3.58% | View data |
