In 2023, Germany leads European Environmental Protection Related Ancillary Output in Waste Management in the Manufacture of Electrical Equipment, valued at 41.28 million euros, followed by Spain and Austria. Trends show year-on-year growth in most countries, with Greece experiencing a significant increase of 24.57%. Conversely, Italy faced a downturn of -4.36%. Notably, Belgium achieved the highest growth at 5.39%. Over five years, the market in this sector has shown consistent annual growth, significant in larger economies.
Future trends to monitor include technological advancements in waste management and increasing regulatory pressures for sustainable practices, which are likely to drive investment and growth, particularly in leading countries like Germany. The continuous push towards greener initiatives and the circular economy is set to elevate ancillary output in the sector across Europe.
Top countries in Environmental Protection Related Ancillary Output in Waste Management in Manufacture of Electrical Equipment by the Business Sector Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 41.28 | 2023 | +1.75% | +2.01% | View data |
| 2 | 2 Spain | 23.13 | 2023 | +1.56% | +0.95% | View data |
| 3 | 3 Austria | 17.08 | 2023 | +4.35% | +3.2% | View data |
| 4 | 4 Belgium | 4.63 | 2023 | +8.33% | +5.39% | View data |
| 5 | 5 Portugal | 4.27 | 2023 | 0% | +1.76% | View data |
| 6 | 6 Italy | 2.85 | 2023 | -11.11% | -4.36% | View data |
| 7 | 7 Slovakia | 2.49 | 2023 | 0% | 0% | View data |
| 8 | 8 Slovenia | 2.49 | 2023 | 0% | 0% | View data |
| 9 | 9 Greece | 1.07 | 2023 | 0% | +24.57% | View data |
| 10 | 10 Finland | 0.36 | 2023 | 0% | 0% | View data |
