In 2023, Italy led European exports of generator sets with compression-ignition internal combustion piston engines under 75 kVA, showcasing a 4.33% growth. France and Spain experienced declines of 19.93% and 4.15% respectively. Noteworthy growth was observed in Ireland with a remarkable 72.57%, Belgium with 21.17%, and Sweden with 30.65%. The UK, Greece, and Portugal ceased export activities. Germany and Austria showed modest growth at 3.08% and 6.07%. Over the last five years, CAGR depicted consistent enhancement in smaller markets like Hungary and Finland, indicating robust potential.
Future trends to watch:
- Strong growth in Ireland, Hungary, and Finland suggests a possible geographical shift in production or distribution.
- Market disruption via innovation and regulatory changes could alter competitive dynamics, specifically for high-performing and emerging markets.
- The economic impact of environmental policies on the production of emission-related equipment could influence export trajectories.
Top countries in Export of Generator Sets with Compression-Ignition Internal Combustion Piston Engines of an Output Less than 75 kVA by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 152,270 | 2023 | +39.36% | +4.33% | View data |
| 2 | 2 France | 30,630 | 2023 | +7.74% | -19.93% | View data |
| 3 | 3 Spain | 16,610 | 2023 | -14.97% | -4.15% | View data |
| 4 | 4 Netherlands | 12,990 | 2023 | +19.98% | +8.1% | View data |
| 5 | 5 Belgium | 10,680 | 2023 | +6.12% | +21.17% | View data |
| 6 | 6 Ireland | 5,200 | 2023 | +33.16% | +72.57% | View data |
| 7 | 7 Germany | 1,810 | 2023 | -4.02% | +3.08% | View data |
| 8 | 8 Poland | 1,430 | 2023 | -11.7% | -13.73% | View data |
| 9 | 9 United Kingdom | 1,420 | 2023 | -38.11% | View data | |
| 10 | 10 Slovenia | 1,350 | 2023 | +3.7% | +0.95% | View data |
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