The European Repair and Installation of Machinery and Equipment sector displays considerable variation by country in turnover. Lithuania leads with a high index, reflecting significant growth, followed by Poland and Denmark. Noteworthy is the steep growth in Lithuania and Poland over recent years, while countries like Germany and the Netherlands show more subdued, stable increments. The overall upward trend signals ongoing expansion with different growth rates; for instance, Romania and Latvia have shown strong upward movements, influenced by technological advancements and industrial demands.
Future trends to watch include:
- Potential impacts of automation and Industry 4.0 on repair services, potentially boosting demand for advanced repair skill sets.
- Continued investments in renewable energy and sustainable technologies, which may propel equipment maintenance turnover.
- Geopolitical developments and economic policies within the EU that influence industrial production patterns and consequently maintenance needs.
Top countries in Repair and Installation of Machinery and Equipment Turnover Index by Country
| # | 10 Countries | Indexes 2015 = 100, Calendar Adjusted | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 215 | 2022 | +34.29% | +15% | View data |
| 2 | 2 Poland | 174.8 | 2022 | +25.57% | +14.17% | View data |
| 3 | 3 Denmark | 159.4 | 2022 | +21.31% | +2.53% | View data |
| 4 | 4 Latvia | 151.7 | 2022 | +23.84% | +8.16% | View data |
| 5 | 5 Norway | 149.9 | 2022 | +17.29% | +8.07% | View data |
| 6 | 6 Czech Republic | 146.2 | 2022 | +13.86% | +7.13% | View data |
| 7 | 7 Romania | 142.9 | 2022 | +13.68% | +10.92% | View data |
| 8 | 8 Finland | 141.1 | 2022 | +12.97% | +5.85% | View data |
| 9 | 9 Hungary | 138.4 | 2022 | +5.65% | +6.74% | View data |
| 10 | 10 Sweden | 138.2 | 2022 | +12.08% | +5.06% | View data |
Latest reports
US Automotive Market Report- Q1 2025
The US automotive market in Q1 2025 is characterized by significant shifts towards electrification, with electric vehicles (EVs) gaining substantial market share. This...
China Automotive Market Report- Q1 2025
The first quarter of 2025 marked a dynamic period for China's automotive market, characterized by significant advancements in electric vehicles (EVs), connected cars,...
Japan Automotive Market Report- Q1 2025
In Q1 2025, Japan's automotive market experienced significant shifts driven by technological advancements, regulatory changes, and evolving consumer preferences. The quarter showcased robust...
Germany Automotive Market Report- Q1 2025
The first quarter of 2025 for the automotive industry in Germany has been marked by significant shifts in market dynamics, regulatory pressures, and...
India Automotive Market Report- Q1 2025
The Indian automotive market in Q1 2025 is characterized by dynamic shifts, primarily driven by the growth of the electric vehicle (EV) segment,...
UK Automotive Market Report- Q1 2025
The UK automotive market in Q1 2025 faces a complex landscape of challenges and opportunities. The sector is navigating significant shifts driven by...
France Automotive Market Report- Q1 2025
The first quarter of 2025 has been pivotal for the French automotive industry, marked by significant shifts towards electric vehicles, regulatory changes, and...
Canada Automotive Market Report- Q1 2025
The Canadian automotive market in Q1 2025 is at a crossroads, influenced by a complex interplay of trade policies, economic conditions, and evolving...
Brazil Automotive Market Report- Q1 2025
In the first quarter of 2025, Brazil's automotive market continues to demonstrate resilience and adaptation amidst economic challenges. Despite high inflation and interest...
Italy Automotive Market Report- Q1 2025
The Italian automotive sector in Q1 2025 is navigating a period of transformative change, marked by significant challenges and emerging opportunities. This report...
