As of 2023, the European market for multi-phase AC motors with an output between 0.75 kW and 7.5 kW is dominated by Germany, contributing significantly with a market size value of 1.248 billion euros. France and Spain follow, albeit with substantially smaller values of 0.14864 and 0.097906 billion euros respectively. Notably, Greece and Bulgaria, despite being smaller players, show significant positive growth rates of 7.26% and 1.75% year-on-year in 2023, while Spain exhibits a contraction of 2.64%. Over the last five years, growth trends reveal a varied landscape influenced by factors unique to each country.
Future trends to watch:
- Advancements in energy efficiency regulations influencing demand for next-generation motors.
- Increased investments in automation and Industry 4.0 potentially driving further market growth.
- Regional policies and economic conditions impacting market dynamics.
Top countries in Multi-Phase AC Motors of an Output Between 0,75 kW and 7,5 kW Market Size Value by Country
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,248,000,000 | 2023 | +2.23% | +0.2% | View data |
| 2 | 2 France | 148,640,000 | 2023 | +1.71% | +1.48% | View data |
| 3 | 3 Spain | 97,906,000 | 2023 | +0.73% | -2.64% | View data |
| 4 | 4 Poland | 85,787,000 | 2023 | +2.66% | +1.26% | View data |
| 5 | 5 Denmark | 62,309,000 | 2023 | +1.04% | -0.21% | View data |
| 6 | 6 Finland | 38,545,000 | 2023 | +1.46% | -0.97% | View data |
| 7 | 7 Bulgaria | 11,487,000 | 2023 | +9.02% | +1.75% | View data |
| 8 | 8 Greece | 7,530,900 | 2023 | +3.08% | +7.26% | View data |
| 9 | 9 Croatia | 6,078,900 | 2023 | +1.41% | +2.07% | View data |
