In 2023, Germany led European electricity consumption in the transport equipment sector at 17.04 TWh, despite a slight decline of 0.81% from the previous year. France, the UK, Spain, and Italy followed, with Italy showing a notable 4.01% increase. Conversely, countries like Denmark and Greece experienced significant declines of 3.67% and 10.02%, respectively. Lithuania stood out with a 13.14% growth, indicative of emerging trends in the region, while smaller economies such as Ireland and Serbia also demonstrated robust growth at 8.27% and 7.7% respectively over the past year.
Looking ahead, the European transport equipment sector may see shifts influenced by increasing electrification and innovation trends. Countries emphasizing electric vehicle production and sustainable practices are forecasted to experience growth in electricity consumption. Furthermore, ongoing technological advancements and policy support may drive the sector's expansion across diverse European economies, with potential growth concentrated in nations actively investing in green technologies and infrastructure.
Top countries in Electricity Final Consumption in Transport Equipment Sector by Country
| # | 10 Countries | Gigawatthours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 17,040 | 2023 | +2.1% | -0.81% | View data |
| 2 | 2 France | 6,610 | 2023 | +2.2% | -0.36% | View data |
| 3 | 3 United Kingdom | 4,510 | 2023 | -0.6% | -1.1% | View data |
| 4 | 4 Spain | 4,480 | 2023 | +3.8% | +0.68% | View data |
| 5 | 5 Italy | 4,340 | 2023 | +1.25% | +4.01% | View data |
| 6 | 6 Czech Republic | 3,230 | 2023 | +0.62% | -0.23% | View data |
| 7 | 7 Poland | 2,960 | 2023 | +1.39% | -0.52% | View data |
| 8 | 8 Romania | 1,950 | 2023 | +3.48% | +3.33% | View data |
| 9 | 9 Sweden | 1,910 | 2023 | +2.24% | -0.78% | View data |
| 10 | 10 Hungary | 1,790 | 2023 | +4.49% | +0.38% | View data |
