In 2023, Italy led European production of single-phase AC motors under 750 W, producing over 16 million units. Romania and Poland followed with nearly 10 million and 8 million units, respectively. Notable year-on-year changes included a 7.25% decline in Italy, a 2.84% rise in Romania, and a significant 35.84% decrease in Spain. Over the last five years, the overall market showed moderate growth, as indicated by the average annual CAGR. However, specific countries like France posted positive trends with a 7.69% increase in 2023, contrasting with declines in countries like Denmark and Bulgaria.
Future trends to watch include increasing production efficiency and technological advancements, which might influence growth rates across countries. The focus on sustainable energy solutions and electric motor innovations may redefine market leaders and the overall competitive landscape in this sector.
Top countries in Sold Production of Single-Phase AC Motors of an Output Less than 750 W by Country
| # | 9 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 16,161,000 | 2023 | -3.96% | -7.25% | View data |
| 2 | 2 Romania | 9,989,100 | 2023 | +1.39% | +2.84% | View data |
| 3 | 3 Poland | 7,717,800 | 2023 | -0.18% | +0.45% | View data |
| 4 | 4 France | 5,328,300 | 2023 | -1.13% | +7.69% | View data |
| 5 | 5 Germany | 3,179,600 | 2021 | +13.86% | View data | |
| 6 | 6 Spain | 433,420 | 2023 | -73% | -35.84% | View data |
| 7 | 7 Hungary | 343,590 | 2023 | +0.45% | +0.33% | View data |
| 8 | 8 Denmark | 5,580 | 2023 | -56.09% | -36.58% | View data |
| 9 | 9 Bulgaria | 4,390 | 2023 | -25.7% | -14.09% | View data |
