The European sector of high growth enterprises in electric power generation, transmission, and distribution has shown varied performance across countries. In 2023, Italy led with significant growth, improving by 15.41%, while Norway experienced a decline of 6.17%. Romania exhibited the highest increase of 31.95%, indicating a strong growth trajectory. Hungary also showed a notable rise of 17.98%. Conversely, the Czech Republic saw a decrease of 9.71%, and Lithuania remained stable.
Future trends to watch in 2024 include:
- Continued expansion in Italy and Romania, driven by investments in renewable energy and grid modernization.
- Watch for potential recovery strategies in Norway and the Czech Republic to counter previous declines.
- Monitoring of regulatory changes and technological advancements impacting enterprise growth across Europe.
- Possible consolidation trends in smaller markets such as Slovakia and Lithuania.
Top countries in Number of High Growth Enterprises in Electric Power Generation, Transmission and Distribution by Country
| # | 8 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 86 | 2023 | +4.88% | +15.41% | View data |
| 2 | 2 Norway | 24 | 2023 | +33.33% | -6.17% | View data |
| 3 | 3 Romania | 16 | 2023 | +33.33% | +31.95% | View data |
| 4 | 4 Hungary | 16 | 2023 | +23.08% | +17.98% | View data |
| 5 | 5 Slovakia | 10 | 2023 | +25% | +2.13% | View data |
| 6 | 6 Portugal | 10 | 2023 | +11.11% | +5.92% | View data |
| 7 | 7 Czech Republic | 9 | 2023 | -10% | -9.71% | View data |
| 8 | 8 Lithuania | 9 | 2023 | +12.5% | 0% | View data |
