In 2023, Italy held the largest share of European sold production for indicator panels with liquid crystal devices or LEDs at 37.92%. The UK and France also contributed significantly, with shares falling around 9.84% and 8.4%, respectively. Poland showed a remarkable 44.97% increase, indicating robust growth. Conversely, Austria, Bulgaria, and France faced declines, suggesting market contractions. Notably, Portugal saw a significant 57% rise, highlighting emerging potential. Over the last five years, growth varies significantly across countries, with Poland and Slovakia leading in expansion. Conversely, an overall downward trend was observed in several Western European countries.
Future trends to watch:
- Continued production shift to emerging economies in Eastern Europe.
- Potential technological advancements leading to shifts in market share.
- The impact of eco-friendly developments on consumer preference and regional production dynamics.
- Regulatory changes and their influence on production locations and facilities.
Top countries in Sold Production of Indicator Panels with Liquid Crystal Devices or Light Emitting Diodes Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 37.92 | 2023 | +3.51% | +22.65% | View data |
| 2 | 2 Spain | 16.68 | 2023 | +1.56% | +7.35% | View data |
| 3 | 3 United Kingdom | 9.84 | 2023 | -0.74% | +1.02% | View data |
| 4 | 4 France | 8.4 | 2023 | -1.21% | -5.09% | View data |
| 5 | 5 Poland | 5.94 | 2023 | -6.33% | +44.97% | View data |
| 6 | 6 Romania | 5.91 | 2023 | +7.46% | View data | |
| 7 | 7 Czechia | 3.73 | 2023 | |||
| 8 | 8 Sweden | 3.61 | 2023 | +2.11% | +6.1% | View data |
| 9 | 9 Portugal | 1.28 | 2023 | +60.06% | +57% | View data |
| 10 | 10 Austria | 1.09 | 2023 | +5.52% | -42.11% | View data |
