As of 2023, Italy leads in the number of electric lighting equipment enterprises in Europe, with a substantial year-on-year growth of 17.32%. Germany and France hold significant positions, showing modest increases of 1.36% and 1.19%, respectively. Poland and Belgium also exhibit growth, with noted increases of 0.13% and 22.55%. In contrast, countries like Spain and Czech Republic are experiencing declines. The Nordic countries display mixed performance, with Sweden and Norway seeing slight decreases and Estonia witnessing a notable rise of 6.96%.
Looking ahead, the sector may experience shifts driven by technological advancements, regulatory changes, and sustainability needs. Emerging markets and the rise of smart lighting technologies are likely to shape future growth areas, offering new opportunities and challenges across European markets.
Top countries in Electric Lighting Equipment Number of Enterprises by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 2,970 | 2023 | +17.43% | +17.32% | View data |
| 2 | 2 Germany | 1,030 | 2023 | +1.28% | +1.36% | View data |
| 3 | 3 France | 951 | 2023 | +0.63% | +1.19% | View data |
| 4 | 4 Poland | 771 | 2023 | +0.65% | +0.13% | View data |
| 5 | 5 United Kingdom | 766 | 2023 | +0.66% | +0.69% | View data |
| 6 | 6 Spain | 458 | 2023 | -0.65% | -1.97% | View data |
| 7 | 7 Netherlands | 447 | 2023 | +3% | +3.19% | View data |
| 8 | 8 Belgium | 387 | 2023 | +11.21% | +22.55% | View data |
| 9 | 9 Greece | 304 | 2023 | -1.3% | -1.93% | View data |
| 10 | 10 Czech Republic | 185 | 2023 | -7.5% | -6.36% | View data |