In 2023, Czechia dominated the European import market for electronic thermostats, contributing over 31% of the total imports by units. Germany, France, and Italy collectively held approximately 30% of the market. Notable year-on-year changes included Austria’s significant growth at 20.57% and Luxembourg’s remarkable surge of over 60%. Spain (7.78%) and Greece (8.06%) showed strong upward trends, while Hungary (-2.64%) and Bulgaria (-6.2%) faced declines. Historical data suggest emerging stability, with minor fluctuations in countries like France and Poland.
Going forward, watch for:
- Technological advancements increasing demand across Europe.
- Czechia's continued dominance and potential for other countries to gain share.
- Regulatory changes affecting import dynamics.
- Environmental policies promoting smart energy solutions boosting thermostat imports.
Top countries in Import of Electronic Thermostats Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Czechia | 31.76 | 2023 | |||
| 2 | 2 Germany | 12.95 | 2023 | +2.85% | +1.17% | View data |
| 3 | 3 France | 8.6 | 2023 | +3.21% | -0.93% | View data |
| 4 | 4 Italy | 8.5 | 2023 | +6.07% | +3.86% | View data |
| 5 | 5 United Kingdom | 7.25 | 2023 | +1.45% | +2.91% | View data |
| 6 | 6 Poland | 4.94 | 2023 | +1.4% | -0.39% | View data |
| 7 | 7 Hungary | 4.11 | 2023 | +1.54% | -2.64% | View data |
| 8 | 8 Spain | 4.03 | 2023 | +6.14% | +7.78% | View data |
| 9 | 9 Romania | 3.04 | 2023 | +2.22% | -0.96% | View data |
| 10 | 10 Denmark | 2.77 | 2023 | +2.01% | -0.52% | View data |