In 2023, Italy led the European sold production of design and assembly of industrial process control equipment and automated production plants, with Germany and France following. Germany recorded the highest year-on-year growth at 4.3%. Finland and Slovakia also showed significant growth at 12.85% and 12.01%, respectively, whereas the UK and Netherlands experienced declines. Over the past two years, consistent growth was seen in most countries, with notable performances from emerging markets like Estonia and Slovenia.
Future trends to watch include continued technological advancements, increased demand for automation, and potential shifts due to economic policies and green initiatives. Growth is poised in both Eastern and Northern European markets. Monitoring these developments can unveil new opportunities for strategic market expansion.
Top countries in Sold Production of Design and Assembly of Industrial Process Control Equipment and Automated Production Plants by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 2,465,700,000 | 2023 | +7.27% | +1.15% | View data |
| 2 | 2 Germany | 2,364,000,000 | 2023 | +1.86% | +4.3% | View data |
| 3 | 3 France | 2,076,900,000 | 2023 | +0.55% | +3.15% | View data |
| 4 | 4 Austria | 632,090,000 | 2023 | +0.91% | +3.42% | View data |
| 5 | 5 Spain | 499,020,000 | 2023 | +5.65% | +2.9% | View data |
| 6 | 6 Poland | 401,740,000 | 2023 | +2.38% | +1.71% | View data |
| 7 | 7 United Kingdom | 377,060,000 | 2023 | -9.49% | -5.53% | View data |
| 8 | 8 Finland | 372,590,000 | 2023 | +0.54% | +12.85% | View data |
| 9 | 9 Netherlands | 330,120,000 | 2023 | +5.08% | -1.59% | View data |
| 10 | 10 Slovakia | 217,170,000 | 2023 | +3.89% | +12.01% | View data |
