In 2024, the European market for brakes and servo-brakes shows Germany leading with 451.6 million kilograms, followed by Italy (346.94) and Poland (308.9). Notable year-on-year changes from 2023 include an 11.13% decrease in Italy, a 14.23% increase in Poland, and smaller fluctuations in other countries. Over five years, Compound Annual Growth Rate (CAGR) should reflect an average growth; however, specific values for these years aren't provided here but could indicate the growth or decline trend across countries.
Future trends to watch include technological advancements impacting production processes and demand variations driven by shifts toward electric vehicles, which could alter the dynamics among European countries. Monitoring policy changes related to environmental regulations could also affect production costs and outputs.
Top countries in Sold Production of Brakes and Servo-Brakes and Their Parts by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 451,600,000 | 2021 | View data | ||
| 2 | 2 Italy | 346,940,000 | 2023 | -12.77% | -11.13% | View data |
| 3 | 3 Poland | 308,900,000 | 2023 | +3.82% | +14.23% | View data |
| 4 | 4 France | 280,530,000 | 2023 | +4.82% | +2.7% | View data |
| 5 | 5 Czechia | 250,700,000 | 2023 | |||
| 6 | 6 Slovakia | 173,490,000 | 2023 | +3.88% | +1.03% | View data |
| 7 | 7 Spain | 156,100,000 | 2023 | -2.31% | -1.38% | View data |
| 8 | 8 Portugal | 92,270,000 | 2023 | +16.13% | +0.12% | View data |
| 9 | 9 United Kingdom | 79,266,000 | 2023 | -3.88% | -8.34% | View data |
| 10 | 10 Sweden | 48,828,000 | 2023 | +21.29% | +0.66% | View data |
