The European Sold Production of Parts for Hydraulic Turbines and Water Wheels indicates that Austria leads in production value, significantly outpacing other countries. Spain, Germany, and Italy follow, showcasing moderate sector activity. Italy experienced a notable increase in production activity in 2023, while Austria and Germany also displayed positive growth. In contrast, Estonia faced a decline, indicating potential industry challenges. Over the past five years, the compound annual growth rate in Europe presents a mixed landscape with varying national expansions and contractions.
Future trends to watch include:
- Increased demand for renewable energy infrastructure parts, potentially driving production growth.
- Technological innovations influencing production efficiency and product cost.
- National policies and EU directives impacting investment in hydraulic turbine parts.
Top countries in Sold Production of Parts for Hydraulic Turbines and Water Wheels by Country
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 186,710,000 | 2023 | +2.89% | +10.76% | View data |
| 2 | 2 Spain | 50,366,000 | 2023 | +8.94% | +0.091% | View data |
| 3 | 3 Germany | 23,577,000 | 2023 | -3.91% | +4.88% | View data |
| 4 | 4 Italy | 21,154,000 | 2023 | +46.7% | +20.06% | View data |
| 5 | 5 Czechia | 16,752,000 | 2023 | |||
| 6 | 6 Hungary | 4,867,100 | 2023 | +5.81% | +15.84% | View data |
| 7 | 7 Croatia | 2,088,400 | 2023 | +5.46% | +1.64% | View data |
| 8 | 8 Portugal | 249,990 | 2023 | +3.27% | View data | |
| 9 | 9 Estonia | 8,490 | 2023 | -32.11% | -17.55% | View data |
