In 2023, China dominated the global export of AC generators under 75 kVA, with a substantial share of 62.64%. Notably, China experienced a 1.41% growth over the previous year. Italy, the next largest exporter, saw an 8.83% decline, while the United States grew by 3.81%. The UK faced a significant drop of 19.7%, and India saw modest growth at 3.05%. Smaller markets like Colombia and Mauritius reported significant increases, at 30.66% and 41.88% respectively.
Looking forward, the global market for AC generators is anticipated to continue evolving with emerging markets potentially increasing their shares. Factors like regional economic policies, advancements in renewable energy technologies, and shifts in global supply chains will significantly influence future export dynamics.
Top countries in Export of AC Generators of an Output less than 75 kVA Share by Country (Units)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 62.64 | 2023 | -0.16% | +1.41% | View data |
| 2 | 2 Italy | 14.44 | 2023 | -9.2% | -8.83% | View data |
| 3 | 3 United States | 7.6 | 2023 | +3.13% | +3.81% | View data |
| 4 | 4 United Kingdom | 2.26 | 2023 | -26.47% | -19.7% | View data |
| 5 | 5 India | 2.06 | 2023 | +2.39% | +3.05% | View data |
| 6 | 6 Czech Republic | 2.02 | 2023 | -4.36% | -0.72% | View data |
| 7 | 7 Thailand | 2.01 | 2023 | +4.26% | +4.93% | View data |
| 8 | 8 Poland | 1.55 | 2023 | +2.68% | -8.63% | View data |
| 9 | 9 Malaysia | 1.53 | 2023 | +2.59% | +4.56% | View data |
| 10 | 10 Uganda | 0.81 | 2023 | +6.32% | +1.97% | View data |