The European sold production of parts of lamps and lighting fittings saw varied trends across different countries in 2023. Germany, the leading country, experienced a slight decline, while Italy showed significant growth with a 22.65% increase. Austria, Spain, and France also reported positive growth, with France seeing the highest increase at over 31%. Conversely, Poland showed a notable decrease of 8.33%, and Finland and Estonia experienced even larger declines. Despite these fluctuations, some countries like Portugal and Belgium saw impressive double-digit growth.
Future trends to watch include:
- Potential market expansion driven by sustainable and smart lighting technologies.
- Continued growth in Italy and France, as they adopt innovative lighting solutions.
- Recovery opportunities for countries with declining trends, such as Poland and Finland, possibly through increased exports and technological advancements.
- Adoption of digitalization in production processes to boost efficiency and maintain competitiveness in the market.
Top countries in Sold Production of Parts of Lamps and Lighting Fittings, Illuminated Signs and Nameplates and the Like by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 245,170,000 | 2023 | +3.1% | -1.65% | View data |
| 2 | 2 Italy | 223,970,000 | 2023 | +6.62% | +22.65% | View data |
| 3 | 3 Austria | 125,650,000 | 2023 | +10.44% | +7.48% | View data |
| 4 | 4 Spain | 74,945,000 | 2023 | +3.63% | +12.16% | View data |
| 5 | 5 France | 42,874,000 | 2023 | +4.21% | +31.19% | View data |
| 6 | 6 Sweden | 32,304,000 | 2023 | +7.82% | +0.42% | View data |
| 7 | 7 Poland | 26,275,000 | 2023 | +2.19% | -8.33% | View data |
| 8 | 8 Hungary | 9,950,100 | 2023 | +1.47% | +1.14% | View data |
| 9 | 9 Portugal | 7,625,200 | 2023 | +4.48% | +20.67% | View data |
| 10 | 10 Greece | 6,917,800 | 2023 | +14.38% | +7% | View data |
