Between 2013 and 2023, the Valves for the Control of Oleohydraulic Power Transmission market in Germany experienced a declining trend in market size value, ending at 514.26 million Euros in 2023. The market witnessed fluctuating year-on-year variations, including significant declines in 2014 and 2015, partially offset by a notable increase in 2018. Over the past five years, the compound annual growth rate suggested a steady contraction, averaging a decline of 3.14% annually.
For future trends, attention should be given to technological advancements aimed at energy efficiency, increasing demand for automation systems, and potential recovery in the broader industrial manufacturing sector, which could positively impact market dynamics.
How does Germany rank in Valves for the Control of Oleohydraulic Power Transmission Market Size Value?
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 646,850,000 | 2023 | -0.75% | -2.25% | View data |
| 2 | 2 Germany | 514,260,000 | 2023 | -2.38% | -3.14% | |
| 3 | 3 Finland | 136,720,000 | 2023 | +2.58% | +2.75% | View data |
| 4 | 4 Croatia | 11,530,000 | 2023 | +3.4% | +2.82% | View data |
| 5 | 5 Estonia | 8,234,900 | 2023 | +5.65% | +7.51% | View data |
