In 2023, Germany dominated the European sold production of multi-phase AC motors within the 0.75 kW - 7.5 kW range, with a share of 50.6%. Italy followed far behind with 16.71%, and Czechia at 13.67%. Other notable contributors included France with 6.8% and Poland with 5.57%. Year-on-year, from 2022 to 2023, Italy and Spain saw significant increases of 4.27% and 17.22% respectively, while Germany experienced a slight decline of 0.48%. Other countries like Estonia and Bulgaria showed moderate growth. Lithuania saw the steepest drop of 21.92%.
Looking towards future trends, the European market for these motors will likely be influenced by increasing industrial automation and the green transition, promoting innovation and sustainable technologies. This could further boost production in leading countries, while offering growth opportunities for smaller players. Observing evolving energy regulations and advanced motor technologies will be crucial for staying competitive.
Top countries in Sold Production of Multi-Phase AC Motors of an Output 0,75 kW - 7,5 kW Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 50.6 | 2023 | +4.28% | -0.48% | View data |
| 2 | 2 Italy | 16.71 | 2023 | +1.53% | +4.27% | View data |
| 3 | 3 Czechia | 13.67 | 2023 | |||
| 4 | 4 France | 6.8 | 2023 | +5% | +2.27% | View data |
| 5 | 5 Poland | 5.57 | 2023 | +3.43% | +2.43% | View data |
| 6 | 6 Spain | 2.17 | 2023 | +3.08% | +17.22% | View data |
| 7 | 7 Hungary | 1.51 | 2023 | +3.16% | +0.56% | View data |
| 8 | 8 Finland | 0.78 | 2023 | -0.86% | +0.15% | View data |
| 9 | 9 Austria | 0.71 | 2023 | -0.089% | +2.84% | View data |
| 10 | 10 Sweden | 0.63 | 2023 | +10.63% | +2.41% | View data |
