The 2023 data reveals varying levels of investment across Europe in the manufacturing of electrical equipment for air and climate protection, with Germany leading at €12.8 million and Latvia at the lower end with €0.1 million. Year-on-year, most countries saw positive growth in their investments, with Italy experiencing the highest increase at 9.39%, while Austria was the only country with a negative variation at -4.07%. The compound annual growth rate (CAGR) over the last five years indicates steady growth, with most countries enhancing their investment pace in this critical sector.
Looking ahead, continued investment in environmentally protective technologies is expected, driven by EU regulations and sustainability goals. Growth in this sector may be amplified by advancements in green technology and legislative support, with potential increases in funding allocations and strategic partnerships across Europe.
Top countries in Gross Fixed Capital Formation and Acquisition Less Disposals of Non-Produced Non-Financial Assets in Protection of Ambient Air and Climate in Manufacture of Electrical Equipment by the Business Sector by Country
| # | 7 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 12.8 | 2023 | +0.79% | +2.34% | View data |
| 2 | 2 Spain | 5.8 | 2023 | +3.57% | +1.44% | View data |
| 3 | 3 Italy | 4.7 | 2023 | +4.44% | +9.39% | View data |
| 4 | 4 Belgium | 3.6 | 2023 | +2.86% | +4.42% | View data |
| 5 | 5 Slovenia | 2.3 | 2023 | +4.55% | +3.9% | View data |
| 6 | 6 Austria | 1.3 | 2023 | -7.14% | -4.07% | View data |
| 7 | 7 Latvia | 0.1 | 2023 | 0% | 0% | View data |
