In 2023, France dominated the European market for liquid dielectric transformers under 650 kVA, leading with a significant 39.55% share. Spain and Poland followed, contributing 17.83% and 16.26%, respectively. Notably, compared to the previous year, France experienced a substantial increase of 32.18%, while Germany saw a decline of 11.0%. Over the last two years, Italy grew by 16.5%, indicating rising production potential. Despite fluctuations, the market remained fairly concentrated among these key players.
Future trends to watch include:
- Continued expansion of France as a leading producer.
- Potential recovery in Germany’s production levels.
- The impact of green energy policies on production dynamics across Europe.
Top countries in Sold Production of Liquid Dielectric Transformers Having a Power Handling Capacity Less than 650 kVA Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 39.55 | 2023 | +50.27% | +32.18% | View data |
| 2 | 2 Spain | 17.83 | 2023 | +6.13% | +3.75% | View data |
| 3 | 3 Poland | 16.26 | 2023 | -2.06% | -1.8% | View data |
| 4 | 4 Italy | 6.79 | 2023 | -4.73% | +16.5% | View data |
| 5 | 5 Croatia | 6.4 | 2023 | +2.72% | +3.07% | View data |
| 6 | 6 Bulgaria | 4.86 | 2023 | +3.53% | +3.45% | View data |
| 7 | 7 Germany | 4.59 | 2023 | -13.34% | -11% | View data |
| 8 | 8 Slovakia | 2.19 | 2023 | +2.1% | +5.22% | View data |
| 9 | 9 Portugal | 0.56 | 2021 | -30.01% | -19.16% | View data |
| 10 | 10 Finland | 0.059 | 2023 | 0% | +9.55% | View data |
