As of 2024, Germany leads the European metal forming machinery and machine tools market with a turnover share of 49.42 million euros. Significant contributions also come from Italy (18.45 million euros) and Switzerland (8.84 million euros). Countries like Austria, Spain, and the United Kingdom have moderate shares, while remaining countries display smaller contributions.
Year-on-year variations indicate that by 2023, Germany experienced a modest 0.42% growth. Italy increased by 0.27%, while Switzerland saw a notable rise of 3.16%. Other notable changes include Austria's 1.31% growth and Serbia's remarkable 13.55% increase. Conversely, countries like Czech Republic (-0.55%), Finland (-0.75%), and Hungary (-3.39%) showed declines.
Future trends to watch include continuous growth in advanced manufacturing technologies and increasing automation, which may drive higher turnovers in leading markets. Nations investing in Industry 4.0 are likely to see stronger gains, while economic and political stability will heavily influence this sector's performance across Europe.
Top countries in Metal Forming Machinery and Machine Tools Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 49.42 | 2023 | +5.8% | +0.42% | View data |
| 2 | 2 Italy | 18.45 | 2023 | +5.8% | +0.27% | View data |
| 3 | 3 Switzerland | 8.84 | 2023 | +6.06% | +3.16% | View data |
| 4 | 4 Austria | 3.82 | 2023 | +2.46% | +1.31% | View data |
| 5 | 5 Spain | 3.43 | 2023 | +6.01% | +0.24% | View data |
| 6 | 6 United Kingdom | 3.28 | 2023 | +0.93% | +0.68% | View data |
| 7 | 7 France | 2.46 | 2023 | +6.03% | +1.2% | View data |
| 8 | 8 Czech Republic | 2.09 | 2023 | +7.1% | -0.55% | View data |
| 9 | 9 Sweden | 1.28 | 2023 | +0.87% | +1.37% | View data |
| 10 | 10 Poland | 1.11 | 2023 | +7.32% | +1.44% | View data |
