The European export market for Multi-Phase AC Motors with an output of less than 750 W is led by Italy, comprising nearly half of the market share. This is followed by Germany and Romania, which hold significant portions as well. Recent trends highlight a dynamic shift, with notable growth in Sweden and Spain, while Germany and Poland saw declines. Malta, though possessing a minor share, exhibited impressive growth in 2023.
Looking ahead, watch for shifts as emerging markets in Eastern Europe demonstrate growth potential, possibly challenging traditional leaders like Italy and Germany. The overall market may see further decentralization with technology advancements driving production increase across smaller economies.
Top countries in Export of Multi-Phase AC Motors of an Output Less than 750 W Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 46.57 | 2023 | +9.3% | +2.92% | View data |
| 2 | 2 Germany | 19.04 | 2023 | -8.3% | -6.37% | View data |
| 3 | 3 Romania | 8.15 | 2023 | +6.5% | +12.23% | View data |
| 4 | 4 Hungary | 5.64 | 2023 | +4.51% | +3.89% | View data |
| 5 | 5 France | 4.94 | 2023 | +3.92% | +0.033% | View data |
| 6 | 6 Poland | 4.93 | 2023 | -3.99% | -6.89% | View data |
| 7 | 7 Czechia | 2.62 | 2023 | |||
| 8 | 8 Austria | 2.54 | 2023 | +0.17% | -9.82% | View data |
| 9 | 9 Spain | 2.08 | 2023 | +4.42% | +14.55% | View data |
| 10 | 10 Slovakia | 0.98 | 2023 | +2.58% | -2.58% | View data |