The European Fluid Power Equipment sector shows diverse dynamics across countries. In 2023, Germany led with 424 enterprises, closely followed by Poland with 409 and Italy with 369. France and the UK also maintain significant numbers, while smaller markets like Luxembourg only had 1 enterprise. Year-on-year growth varied with strong increases in Belgium (5.25%), Romania (5.92%), and Slovenia (5.15%), while some markets like Norway (-2.4%) and Serbia (-5.9%) saw declines.
Future trends to watch include:
- Continued growth in Eastern European markets such as Romania and Slovenia.
- The stable position of Germany, Poland, and Italy as leaders in the sector.
- Potential for recovery in markets experiencing recent declines, focusing on Norway and Serbia.
- Emerging and expanding markets might drive innovation and competitiveness in the region.
Top countries in Fluid Power Equipment Number of Enterprises by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 424 | 2023 | +0.47% | +2% | View data |
| 2 | 2 Poland | 409 | 2023 | +3.54% | +3.22% | View data |
| 3 | 3 Italy | 369 | 2023 | +3.94% | +3.41% | View data |
| 4 | 4 France | 282 | 2023 | -0.35% | +0.95% | View data |
| 5 | 5 United Kingdom | 182 | 2023 | +1.68% | +1.14% | View data |
| 6 | 6 Spain | 104 | 2023 | +0.97% | 0% | View data |
| 7 | 7 Netherlands | 93 | 2023 | +1.09% | +1.82% | View data |
| 8 | 8 Hungary | 83 | 2023 | +5.06% | +2.88% | View data |
| 9 | 9 Sweden | 65 | 2023 | 0% | +3.4% | View data |
| 10 | 10 Belgium | 62 | 2023 | +1.64% | +5.25% | View data |
