The European sold production of jigs and fixtures demonstrates a concentrated market, with Germany leading significantly at 54.45% of the total value, followed by the United Kingdom at 34.61%. Slovakia, Ireland, and Italy hold smaller shares. In 2023, Germany's production slightly declined by 0.31%, while Slovakia experienced robust growth of 12.54%. Ireland and Italy also saw modest increases, with 0.31% and 1.85% respectively, indicating diversified growth across some smaller markets. Meanwhile, Poland, Sweden, and Finland remained stable, with marginal or no growth. Notably, Bulgaria showed the most significant upturn with a 15.34% rise in 2023.
Future trends to watch include the potential for increased diversification in the production base, exemplified by high growth in Slovakia and Bulgaria. Technological advancements, economic conditions, and strategic collaborations will shape the industry's landscape, potentially reducing Germany's dominance and fostering expansion across other European nations.
Top countries in Sold Production of Jigs and Fixtures and Sets of Standard Jig and Fixture Components Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 54.45 | 2023 | +6.23% | -0.31% | View data |
| 2 | 2 United Kingdom | 34.61 | 2023 | -0.82% | +0.9% | View data |
| 3 | 3 Slovakia | 4.85 | 2023 | +6.81% | +12.54% | View data |
| 4 | 4 Ireland | 3.06 | 2023 | +9.16% | +0.31% | View data |
| 5 | 5 Italy | 2.33 | 2023 | +17.6% | +1.85% | View data |
| 6 | 6 France | 1.22 | 2023 | +1.4% | +2.86% | View data |
| 7 | 7 Czechia | 1.08 | 2023 | |||
| 8 | 8 Poland | 0.78 | 2023 | +0.15% | -0.031% | View data |
| 9 | 9 Sweden | 0.6 | 2023 | +1.74% | View data | |
| 10 | 10 Finland | 0.16 | 2023 | +14.7% | View data |
