In 2023, Germany led in European production of multi-phase AC motors over 750 kW, totaling 303.83 million euros. Finland followed with 234.85 million, and France at 102.41 million euros. Spain's production was 57.69 million, while the UK and Czechia produced 11.06 and 26.16 million, respectively. Croatia's production stood at 0.41 million euros. Year-on-year, Germany and Spain increased their production value slightly, whereas the UK and Finland saw slight declines. Over the last five years, Germany showed steady growth, whereas Finland experienced slight fluctuation.
Future trends to watch:
- Potential increases in production driven by technological advancements and demand from renewable energy sectors.
- Germany and Finland continue as leaders due to their established manufacturing capabilities and investment in innovation.
- Watch for policy changes and economic factors affecting production, particularly in the UK and Croatia.
Top countries in Sold Production of Multi-Phase AC Motors of an Output More than 750 kW by Country
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 303,830,000 | 2023 | +8.49% | +1.76% | View data |
| 2 | 2 Finland | 234,850,000 | 2023 | +3% | -0.2% | View data |
| 3 | 3 France | 102,410,000 | 2021 | +510.65% | View data | |
| 4 | 4 Spain | 57,686,000 | 2023 | +9.26% | +1.97% | View data |
| 5 | 5 Czechia | 26,161,000 | 2023 | |||
| 6 | 6 United Kingdom | 11,061,000 | 2023 | -7.78% | -2.7% | View data |
| 7 | 7 Croatia | 405,850 | 2023 | -12.42% | View data |