In 2023, France dominated the European electrical equipment repair production sector, holding a significant share with a substantial increase of 45.66% compared to the previous year. Germany, although a key player, experienced a decline of 3.08%. Italy and the Czech Republic showed modest growths of 1.45% and 1.68%, respectively, while the United Kingdom faced a 4.43% regression. Noteworthy growth was observed in Spain (9.26%) and Poland (6.3%), as well as Finland, Lithuania, and Serbia which marked significant rises of 12.94%, 11.28%, and 24.74% respectively.
Future trends to watch include the sustainability of France's leading position and the potential recovery of Germany and the UK. The increasing contributions from growing markets like Poland, Serbia, and Finland are also crucial, particularly concerning the adoption of advanced repair technologies and strategic investments.
Top countries in Electrical Equipment Repair Production Value Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 54.82 | 2023 | +23.5% | +45.66% | View data |
| 2 | 2 Germany | 7.47 | 2023 | -1.93% | -3.08% | View data |
| 3 | 3 Italy | 7.23 | 2023 | +5.61% | +1.45% | View data |
| 4 | 4 United Kingdom | 4.82 | 2023 | -3.54% | -4.43% | View data |
| 5 | 5 Spain | 4.39 | 2023 | +8.27% | +9.26% | View data |
| 6 | 6 Poland | 4.06 | 2023 | +2.58% | +6.3% | View data |
| 7 | 7 Czech Republic | 3.46 | 2023 | +2.51% | +1.68% | View data |
| 8 | 8 Austria | 1.87 | 2023 | +14.18% | -0.8% | View data |
| 9 | 9 Denmark | 1.56 | 2023 | +5.43% | +3.61% | View data |
| 10 | 10 Belgium | 1.26 | 2023 | +4.24% | +4.17% | View data |
