In 2023, China continued to be the leading exporter of DC motors and generators with an output of 0.75-75 kW, holding 26.71% of the market share in US dollars. Other significant exporters include Germany (17.3%), the United States (16.4%), France (6.53%), and Japan (5.77%). Notably, India's share showed a modest increase to 1.29%. Year-on-year, China, Germany, and the United States saw growth rates of 3.24%, 2.55%, and 2.17% respectively, indicating steady growth in established markets.
Over the past five years, trends reveal an average annual growth rate (CAGR) across many key players. However, some markets like Italy, Japan, and India show particular dynamism, suggesting potential shifts in market dynamics.
Future trends to watch for in the global export of these DC motors and generators include:
- China's continued dominance and potential for increased market share.
- Growth in emerging markets such as Serbia and Mexico.
- A noticeable uptick in exports from smaller markets like Bosnia and Herzegovina and Kuwait.
- Volatility in markets such as Japan and Vietnam, pointing to possible opportunities and risks.
- The impact of global economic conditions on export dynamics and new technological innovations in the sector.
Top countries in Export of DC Motors, DC Generators of an Output of 0.75-75 kW Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 26.71 | 2023 | +3.91% | +3.24% | View data |
| 2 | 2 Germany | 17.3 | 2023 | +3.18% | +2.55% | View data |
| 3 | 3 United States | 16.4 | 2023 | +2.83% | +2.17% | View data |
| 4 | 4 France | 6.53 | 2023 | +4.62% | +2.68% | View data |
| 5 | 5 Japan | 5.77 | 2023 | +4% | +12.02% | View data |
| 6 | 6 United Kingdom | 4.72 | 2023 | +1.91% | +1.94% | View data |
| 7 | 7 Mexico | 4.66 | 2023 | +3.61% | +3.16% | View data |
| 8 | 8 Italy | 3.52 | 2023 | +3.17% | +0.29% | View data |
| 9 | 9 Singapore | 2.89 | 2023 | +4.39% | +4.37% | View data |
| 10 | 10 Switzerland | 2.49 | 2023 | +4.36% | +1.61% | View data |
