As of 2023, Italy leads in electrical equipment repair production in Europe with an index of 12.01, followed by Germany at 10.27, France at 8.55, Spain at 7.52, and Greece at 6.49. Over the last two years, Italy's index grew by 2.86% and Germany by 1.98%, whereas France and Spain saw declines of 2.53% and 0.08% respectively, with Greece experiencing a notable increase of 4.06% in 2022. The five-year compound annual growth rate offers insights into longer-term trends, highlighting persistent regional variation in growth trajectories.
Future trends to watch include technological advancements and regulatory changes impacting repair demand. Italy and Greece may continue their upward trajectory, while Germany remains stable. Challenges may persist for France and Spain, requiring strategic adaptation to emerging market dynamics.
Top countries in Electrical Equipment Repair Production Index by Country
| # | 5 Countries | Indexes 2015 = 100, Calendar Adjusted | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 120.1 | 2022 | +4.62% | +2.86% | View data |
| 2 | 2 Germany | 102.7 | 2022 | -0.68% | +1.98% | View data |
| 3 | 3 France | 85.5 | 2022 | -1.27% | -2.53% | View data |
| 4 | 4 Spain | 75.2 | 2022 | +1.9% | -0.08% | View data |
| 5 | 5 Greece | 64.9 | 2022 | +26.76% | +4.06% | View data |