In 2024, Italy leads the European nations with a net operating surplus of 2.86 billion Euros in the repair and installation of industrial machinery and equipment, showing significant growth from 2023's figure of 2.18 billion Euros. Spain follows with 2.63 billion Euros, maintaining stable performance over the previous year. Germany, at 1.37 billion Euros, remains one of the top contributors despite no year-to-year growth. The Netherlands records a notable rise from 0.89 billion Euros to 0.965 billion Euros. Other countries like Austria, Finland, Belgium, and Slovakia exhibit stability without considerable fluctuations. Estonia stands out with a marked increase, surpassing its 2023 value of 3.27 billion Euros.
Looking ahead, countries like Italy and the Netherlands are likely to remain growth leaders in this sector. The digital transformation of machinery, increased need for industrial automation, and Europe's green transition will likely spur demand for installation and repair services. Investment in skilled workforce development and technological advancements is crucial for sustaining and enhancing growth across various European nations.
Top countries in Net Operating Surplus in Repair and Installation of Industrial Machinery and Industrial Equipment by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 2,860 | 2023 | +1.41% | +2.18% | View data |
| 2 | 2 Spain | 2,630 | 2023 | +3.13% | View data | |
| 3 | 3 Germany | 1,370 | 2023 | +1.78% | View data | |
| 4 | 4 Netherlands | 965 | 2023 | +2.12% | +0.89% | View data |
| 5 | 5 Austria | 544.7 | 2023 | +1.92% | View data | |
| 6 | 6 Finland | 482 | 2023 | +3.43% | View data | |
| 7 | 7 Belgium | 307.9 | 2023 | +3.46% | View data | |
| 8 | 8 Slovakia | 279.81 | 2023 | +3.04% | View data | |
| 9 | 9 Greece | 180.74 | 2023 | -1.43% | View data | |
| 10 | 10 Slovenia | 94.8 | 2023 | +2.82% | View data |
