The European Electrical Equipment Repair Wages and Salaries Market in 2023 showed significant national disparities. France leads with a substantial share, while Germany and the UK lag behind. Countries like Lithuania and Greece demonstrated notable annual growth rates, while Slovakia and Cyprus experienced declines. Over the past five years, several Eastern European nations, like Romania and Hungary, showed consistent upward trends in wage and salary shares, often outperforming Western counterparts.
Future trends include increasing wages in Eastern Europe due to rising demand and labor costs, while Western Europe may experience slower growth due to market saturation and economic stability. Monitoring legislative changes and technological advancements will be crucial for this sector.
Top countries in Electrical Equipment Repair Wages and Salaries Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 41.44 | 2023 | +12.35% | +27.85% | View data |
| 2 | 2 Germany | 17.88 | 2023 | +2.8% | +0.74% | View data |
| 3 | 3 United Kingdom | 6.93 | 2023 | -0.54% | -0.58% | View data |
| 4 | 4 Italy | 6.53 | 2023 | +6.67% | +1.45% | View data |
| 5 | 5 Spain | 5.07 | 2023 | -0.3% | +1.77% | View data |
| 6 | 6 Poland | 2.78 | 2023 | +0.27% | +3% | View data |
| 7 | 7 Czech Republic | 2.76 | 2023 | -0.14% | +0.069% | View data |
| 8 | 8 Denmark | 2.14 | 2023 | +1.8% | +2.92% | View data |
| 9 | 9 Austria | 1.46 | 2023 | +1.05% | +2.75% | View data |
| 10 | 10 Sweden | 1.14 | 2023 | +2.03% | +0.13% | View data |
