The European fluid power equipment market shows mixed performance across countries. In 2024, Germany dominates with €16.31 billion, maintaining robust growth with a 5.99% increase in 2023. Italy and Sweden also perform well, posting slight positive variations, though France faces a decrease of 4.07%. Poland and Romania exhibit rapid advancements with year-on-year jumps of 8.51% and 17.66%, respectively. However, smaller markets such as Greece and Lithuania show slight downtrends. Over five years, varied growth rates indicate shifting demand dynamics across the region.
Future trends suggest increased digitalization and automation, possibly leading to streamlined operations and boosted growth in countries with strong industrial bases like Germany and Italy. Sustainable solutions could shape the market further, encouraging innovation and investments, particularly in emerging markets such as Eastern Europe. Brexit-related adjustments may also influence the UK market.
Top countries in Fluid Power Equipment Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 16,310 | 2023 | +11.77% | +5.99% | View data |
| 2 | 2 Italy | 4,070 | 2023 | +0.57% | +0.021% | View data |
| 3 | 3 Sweden | 1,510 | 2023 | +6.39% | +14.01% | View data |
| 4 | 4 United Kingdom | 1,130 | 2023 | -0.49% | +0.096% | View data |
| 5 | 5 France | 870.8 | 2023 | -4.3% | -4.07% | View data |
| 6 | 6 Spain | 683.1 | 2023 | +6.26% | +4.08% | View data |
| 7 | 7 Czech Republic | 633.4 | 2023 | +9.08% | +5.88% | View data |
| 8 | 8 Poland | 540.1 | 2023 | +5.59% | +8.51% | View data |
| 9 | 9 Austria | 525.6 | 2023 | +5.46% | +0.053% | View data |
| 10 | 10 Norway | 408 | 2023 | +7.89% | +5.42% | View data |
