Germany remains the dominant player in the European Fluid Power Equipment sector, employing 45.41% of the workforce, with a year-on-year growth of 2.74%. Italy follows with 16.09%, showing a higher growth trend at 4.64%. Sweden, Poland, and Bulgaria have also demonstrated notable increases, with Sweden leading at 11.65%. The United Kingdom and France experienced slight declines of -0.78% and -6.29%, respectively. A marginal upward trend is observed in other countries except for Greece, Serbia, and Lithuania, each of which faced contractions in employment.
Future trends to watch include potential growth in Sweden, Poland, and Italy due to their consistent year-on-year increases. Monitoring Germany’s expansion strategies will be essential to determine if it maintains its market dominance. Conversely, addressing the declining employment trends in countries like France and the United Kingdom is crucial for stabilizing their market shares in the Fluid Power Equipment sector.
Top countries in Fluid Power Equipment Number of Persons Employed Share by Country (Units (Employees))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 45.41 | 2023 | +7.98% | +2.74% | View data |
| 2 | 2 Italy | 16.09 | 2023 | +2.87% | +4.64% | View data |
| 3 | 3 Bulgaria | 5.15 | 2023 | +5.71% | +3.4% | View data |
| 4 | 4 Sweden | 4.97 | 2023 | +8.12% | +11.65% | View data |
| 5 | 5 Poland | 4.82 | 2023 | +4.42% | +6.91% | View data |
| 6 | 6 United Kingdom | 4.59 | 2023 | -1.24% | -0.78% | View data |
| 7 | 7 Czech Republic | 3.7 | 2023 | +1.08% | +0.53% | View data |
| 8 | 8 France | 3.21 | 2023 | -6.02% | -6.29% | View data |
| 9 | 9 Hungary | 2.33 | 2023 | +4.03% | +4.24% | View data |
| 10 | 10 Spain | 2.29 | 2023 | +2.61% | +1.84% | View data |
