In 2023, Germany dominated the European market for rotating hydraulic and pneumatic motors with a 46.91% share, despite a slight decrease of 1.08%. The United Kingdom, with a market share of 15.73%, saw the most significant growth at 5.62%. Italy followed with a 9.54% share, rising by 5.39%. Sweden registered a decline of 2.28%, reaching 13.82% of the market. Denmark and France held moderate shares, with minor fluctuations observed. Notably, Finland experienced a substantial decline of 23.02%, affecting its overall standing.
Looking ahead, Germany is expected to maintain its lead, although with modest growth given its market saturation. The UK and Italy are likely to remain as significant players, propelled by expansion and technological advancements. Emerging economies like Poland might continue to show impressive growth due to increased industrialization and investments in manufacturing capabilities. Sustainable and digital innovations will be key trends shaping the future landscape of the industry across Europe.
Top countries in Sold Production of Rotating Hydraulic and Pneumatic Motors Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 46.91 | 2023 | +2.76% | -1.08% | View data |
| 2 | 2 United Kingdom | 15.73 | 2023 | +3.36% | +5.62% | View data |
| 3 | 3 Sweden | 13.82 | 2023 | +1.33% | -2.28% | View data |
| 4 | 4 Italy | 9.54 | 2023 | +2.47% | +5.39% | View data |
| 5 | 5 Denmark | 5.65 | 2023 | +2.98% | -0.58% | View data |
| 6 | 6 France | 2.58 | 2023 | +5.02% | +0.021% | View data |
| 7 | 7 Hungary | 1.36 | 2023 | +4.78% | -4.16% | View data |
| 8 | 8 Finland | 0.82 | 2023 | -27.21% | -23.02% | View data |
| 9 | 9 Czechia | 0.66 | 2023 | |||
| 10 | 10 Poland | 0.13 | 2023 | +3.49% | +10.85% | View data |
