In 2023, Germany led European sold production of metal finishing machine tools, holding 33.56% of the market. Italy followed closely at 31.96%, while Sweden held a considerable 24.54% share. The United Kingdom, Spain, and Poland had smaller shares, with figures like 4.02%, 3%, and 2.65%, respectively. Minor contributors were France and Czechia, among others. Germany saw a 6.91% increase from the previous year; Italy soared with 58.7% growth, and other notable increases were in Sweden and France. Conversely, Denmark and Austria saw declines in their market shares. Over five years, the sector showed significant average annual growth.
Looking forward, the European market is expected to continue evolving due to technological advancements and increasing demand for precision in metal finishing processes. Germany and Italy are anticipated to maintain their leadership positions, but emerging markets like Poland and France may see further growth as industries modernize and production capacities expand. Sustainability and automation are key trends likely to shape future production and market dynamics.
Top countries in Sold Production of Deburring, Sharpening, Grinding or Otherwise Finishing Metal Machine Tools Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 33.56 | 2023 | +14.97% | +6.91% | View data |
| 2 | 2 Italy | 31.96 | 2023 | +2.15% | +58.7% | View data |
| 3 | 3 Sweden | 24.54 | 2023 | +5.09% | +8.32% | View data |
| 4 | 4 United Kingdom | 4.02 | 2023 | +4.63% | +4.27% | View data |
| 5 | 5 Spain | 3 | 2023 | +16.64% | +11.97% | View data |
| 6 | 6 Poland | 2.65 | 2023 | +5.82% | +4% | View data |
| 7 | 7 France | 1.46 | 2023 | +14.42% | +49.89% | View data |
| 8 | 8 Czechia | 0.82 | 2023 | |||
| 9 | 9 Croatia | 0.22 | 2023 | +4.98% | +9.58% | View data |
| 10 | 10 Slovenia | 0.19 | 2023 | +6.95% | +35.79% | View data |
