In 2023, Germany dominated the European test benches market with 51.09% of sold production in Euros, followed by Austria at 25.26%. France, Italy, and Czechia accounted for 9%, 7.2%, and 3.28% respectively. Spain and the United Kingdom contributed 2.24% and 0.54%, while Estonia had a minor share of 0.045%. Year-on-year, Germany and Austria saw robust growth with increases of 3.98% and 3.92%, respectively. Conversely, France and the UK experienced declines, with France shrinking by 3.55% and the UK by 7.07%. The UK's decline was the steepest.
Looking ahead, Germany and Austria are expected to maintain their leading roles. However, countries with negative growth rates, such as the UK and France, may experience continued challenges unless strategic market interventions occur. Innovations, regulatory changes, and energy diversification could significantly impact market dynamics across Europe.
Top countries in Sold Production of Test Benches Share by Country (Euros)
| # | 8 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 51.09 | 2023 | +7.45% | +3.98% | View data |
| 2 | 2 Austria | 25.26 | 2023 | +8.56% | +3.92% | View data |
| 3 | 3 France | 9 | 2023 | +8.63% | -3.55% | View data |
| 4 | 4 Italy | 7.2 | 2023 | +2.28% | +0.63% | View data |
| 5 | 5 Czechia | 3.28 | 2023 | |||
| 6 | 6 Spain | 2.24 | 2023 | +8.54% | +3.35% | View data |
| 7 | 7 United Kingdom | 0.54 | 2023 | -4.68% | -7.07% | View data |
| 8 | 8 Estonia | 0.045 | 2023 | +2.44% | -5.61% | View data |