Germany leads European fluid power equipment production with 11.66 billion euros in 2023, experiencing a 1.93% increase. Italy follows with 4.12 billion euros, though it declined by 1.04%. The United Kingdom's production was slightly up by 0.44% to 1.09 billion euros. Noteworthy growth includes Sweden at 9.33%, Poland at 9.03%, and Serbia at 7.99%. However, France and Belgium saw declines of -5.9% and -4.52%, respectively. The smaller economies exhibit fluctuating trends, with countries like Slovenia and the Czech Republic showing stronger growth at 6.74% and 6.21%.
Future trends to watch include the continued growth potential in emerging markets such as Poland and Serbia, supported by industrial investments. Technological advancements and sustainable practices might drive further evolution, especially in countries experiencing slower growth, like France. Geopolitical dynamics and regulatory changes in the green energy sector could also influence production values across Europe.
Top countries in Fluid Power Equipment Production Value by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 11,660 | 2023 | +11.01% | +1.93% | View data |
| 2 | 2 Italy | 4,120 | 2023 | +0.67% | -1.04% | View data |
| 3 | 3 United Kingdom | 1,090 | 2023 | +0.64% | +0.44% | View data |
| 4 | 4 Sweden | 902.9 | 2023 | +0.91% | +9.33% | View data |
| 5 | 5 France | 725 | 2023 | -6.26% | -5.9% | View data |
| 6 | 6 Spain | 668 | 2023 | +7.17% | +4.06% | View data |
| 7 | 7 Czech Republic | 524 | 2023 | +9.03% | +6.21% | View data |
| 8 | 8 Poland | 513.8 | 2023 | +5.89% | +9.03% | View data |
| 9 | 9 Norway | 418.4 | 2023 | +8.09% | +4.08% | View data |
| 10 | 10 Austria | 408 | 2023 | +5.51% | -0.57% | View data |
