In 2024, Germany leads European electric lighting equipment production with a share of 17.72%, though experiencing a slight decline. Italy and Czechia, constituting substantial market shares, showed positive growth. Notably, smaller markets like Slovenia and Serbia demonstrated significant growth trends. Meanwhile, countries such as the UK and Belgium faced declines.
In the coming years, continued urbanization and green initiatives are expected to drive demand for energy-efficient lighting solutions. Markets in Central and Eastern Europe may present growth opportunities owing to increasing investments in infrastructure and industry advances. Monitoring technological innovations and regulatory shifts will be critical for anticipating market dynamics.
Top countries in Sold Production of Electric Lighting Equipment Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 17.72 | 2023 | +3.71% | -0.36% | View data |
| 2 | 2 Italy | 15.54 | 2023 | +1.71% | +4.48% | View data |
| 3 | 3 Czechia | 14.69 | 2023 | |||
| 4 | 4 France | 10.83 | 2023 | +5.58% | +0.98% | View data |
| 5 | 5 Slovakia | 7.48 | 2023 | +4.55% | +4.45% | View data |
| 6 | 6 Spain | 7.47 | 2023 | +6.92% | +1.37% | View data |
| 7 | 7 United Kingdom | 6.19 | 2023 | -2.7% | -4.47% | View data |
| 8 | 8 Austria | 3.71 | 2023 | +10.61% | +6.52% | View data |
| 9 | 9 Hungary | 3.71 | 2023 | +4.06% | +3.3% | View data |
| 10 | 10 Poland | 3.63 | 2023 | +1.61% | +1.52% | View data |
