In 2023, Germany led the European production of bearing housings not incorporating ball or roller bearings, plain shaft bearings, with a market value of 942.54 million euros. This was followed by France and the United Kingdom, with values of 156.42 million euros and 138.24 million euros, respectively. The market saw varying year-on-year changes, with Finland experiencing the most significant growth at 125.11%, whereas Hungary saw a decline of 6.98%. Despite slight decreases in Germany, France, and the UK, Italy reported an increase of 4.61%.
Future Trends to Watch:
- Considerable growth potential in Finland, suggesting emerging production capabilities.
- Monitoring Germany's slight decline could indicate shifts in market dynamics or production strategies.
- Significant technological or market developments could reshape future productions across Europe.
Top countries in Sold Production of Bearing Housings Not Incorporating Ball or Roller Bearings, Plain Shaft Bearings by Country
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 942,540,000 | 2023 | +3.42% | -0.22% | View data |
| 2 | 2 France | 156,420,000 | 2023 | +5.94% | -1.79% | View data |
| 3 | 3 United Kingdom | 138,240,000 | 2023 | -1.15% | -0.044% | View data |
| 4 | 4 Denmark | 29,507,000 | 2023 | +31.16% | +0.072% | View data |
| 5 | 5 Italy | 25,692,000 | 2023 | +0.55% | +4.61% | View data |
| 6 | 6 Finland | 12,932,000 | 2023 | +44.67% | +125.11% | View data |
| 7 | 7 Croatia | 831,610 | 2023 | -1% | -1.02% | View data |
| 8 | 8 Hungary | 368,710 | 2023 | -7.45% | -6.98% | View data |
| 9 | 9 Lithuania | 275 | 2023 | +7.42% | View data |
