In 2023, France led in electronic and optical equipment repair turnover across Europe, followed by Italy and the United Kingdom. While France's turnover slightly declined by -0.63%, Italy saw a more significant decrease at -2.91% while the UK saw a positive shift at 1.95%. Germany experienced a notable downturn of -15.67%. Conversely, Austria and Czech Republic showed strong growth, with increases of 8.03% and 5.53%, respectively. Hungary and Sweden faced marginal declines, whereas Belgium reported substantial growth at 14.71%. In smaller markets like Bosnia and Herzegovina, remarkable growth of 27.62% was recorded, juxtaposed against Norway's -22.11% decline.
Looking ahead, future trends to watch include a potential recovery in markets such as Germany and Norway, while smaller Eastern European markets may sustain growth. Technological advancements and sustainability initiatives are likely to influence the pace of industry developments across Europe. Countries fostering repair-friendly policies and tech investments will play crucial roles in shaping the competitive landscape and demand dynamics in electronic and optical equipment repair.
Top countries in Electronic and Optical Equipment Repair Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,240 | 2023 | +3.27% | -0.63% | View data |
| 2 | 2 Italy | 1,070 | 2023 | +0.047% | -2.91% | View data |
| 3 | 3 United Kingdom | 1,060 | 2023 | +1.84% | +1.95% | View data |
| 4 | 4 Germany | 805.9 | 2023 | -4.14% | -15.67% | View data |
| 5 | 5 Austria | 768.3 | 2023 | +3.88% | +8.03% | View data |
| 6 | 6 Poland | 570.4 | 2023 | +1.66% | +4.91% | View data |
| 7 | 7 Czech Republic | 412.5 | 2023 | +5.69% | +5.53% | View data |
| 8 | 8 Spain | 279.4 | 2023 | +6.72% | +6.92% | View data |
| 9 | 9 Hungary | 101 | 2023 | +4.66% | -0.55% | View data |
| 10 | 10 Sweden | 100.5 | 2023 | +0.8% | -0.04% | View data |
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