In 2023, Italy, France, and Germany led the European sold production of single-phase AC motors by country in value terms, with Italy at 27.6%, France at 24.6%, and Germany at 15.86%. Significant year-on-year variations were observed, with France showing a remarkable 7.57% increase, and Romania not far behind at 7.38%. Conversely, Spain and Bulgaria faced declines, with Spain decreasing by 2.71% and Bulgaria by a notable 8.05%. Over the last five years, these figures reflect an evolving market landscape with dynamic changes in country shares.
Future trends to watch include:
- Emerging production capabilities in Eastern European countries which could affect the market share of leading countries.
- Technological advancements and cost efficiencies in AC motor production.
- Potential impacts of new regulatory frameworks and sustainability initiatives on production volumes and country-specific shares.
Top countries in Sold Production of Single-Phase AC Motors Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 27.6 | 2023 | +2.16% | +2.93% | View data |
| 2 | 2 France | 24.6 | 2023 | +7.94% | +7.57% | View data |
| 3 | 3 Germany | 15.86 | 2023 | +0.89% | +0.91% | View data |
| 4 | 4 Poland | 12.25 | 2023 | +4.44% | +5.26% | View data |
| 5 | 5 Romania | 6.82 | 2023 | +3.01% | +7.38% | View data |
| 6 | 6 Czechia | 4.12 | 2023 | |||
| 7 | 7 Hungary | 2.08 | 2023 | +4.21% | +5.34% | View data |
| 8 | 8 Spain | 1.4 | 2023 | -3.81% | -2.71% | View data |
| 9 | 9 Bulgaria | 0.039 | 2023 | -5.06% | -8.05% | View data |
| 10 | 10 Denmark | 0 | 2021 | -99.81% | -68.8% | View data |
