The data for 2023 shows that France leads Europe in importing electrical signalling and traffic control equipment with a share of 11.5%, slightly increasing by 0.47% year-on-year. Ireland and Belgium follow closely, both with significant increases of 9.46% and 20.7%, respectively. The United Kingdom and the Netherlands revealed strong surges of 21.69% and 17.69% respectively. Contrastingly, Denmark and Croatia experienced declines in their import shares. A notable growth was seen in Slovakia and Cyprus, increasing by 22.86% and 28.43%, highlighting rapid uptakes in these markets.
Future trends to watch:
- Continued growth in Ireland and Belgium, driven by infrastructural investments and digitalization in smart city solutions.
- Potential recovery in countries like Denmark and Croatia where declines were noted.
- Emergence of Eastern European markets like Slovakia, indicating diversification and increased demand for improved traffic systems.
- Technological advancements and regulatory standards in Europe might influence fluctuations in import shares across countries.
Top countries in Import of Electrical Signalling, Safety or Traffic Control Equipment for Roads, Inland Waterways, Parking Facilities, Port Installations or Airfields Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 11.5 | 2023 | +3.79% | +0.47% | View data |
| 2 | 2 Ireland | 11.39 | 2023 | +2.97% | +9.46% | View data |
| 3 | 3 Belgium | 10.58 | 2023 | +8.89% | +20.7% | View data |
| 4 | 4 Germany | 10.44 | 2023 | +2.33% | +1% | View data |
| 5 | 5 Spain | 8.63 | 2023 | +4.98% | +4.2% | View data |
| 6 | 6 United Kingdom | 7.3 | 2023 | +0.75% | +21.69% | View data |
| 7 | 7 Netherlands | 6.77 | 2023 | +7.67% | +17.69% | View data |
| 8 | 8 Austria | 4.6 | 2023 | +7.44% | +12.79% | View data |
| 9 | 9 Slovakia | 3.83 | 2023 | +5.98% | +22.86% | View data |
| 10 | 10 Italy | 3.54 | 2023 | +1.82% | +5.92% | View data |
