In 2023, Hungary led the European production of Multi-Phase AC Motors with values of 197.44 million euros, marking a significant year-on-year increase of 55.57%. Germany followed with 184.2 million euros, experiencing a slight decline of 0.12% from the previous year. Finland and Austria saw modest growths of 1.02% and 4.09%, respectively. Poland’s production rose by 1.93%, and France's by 1.43%. Italy faced a notable decrease of 6.92%. Among smaller producers, Estonia remained steady, while Croatia posted a 1.98% growth. Denmark experienced a sharp drop of 19.47%.
Looking ahead, the production of Multi-Phase AC Motors is expected to be influenced by increased demand for energy-efficient solutions, advancements in industrial automation, and regional economic policies supporting sustainable technologies. Countries leading in technology adoption might see accelerated growth, despite economic uncertainties. Export dynamics within the EU and beyond will also play a crucial role in shaping future trends.
Top countries in Sold Production of Multi-Phase AC Motors of an Output 75 kW - 375 kW by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 197,440,000 | 2023 | +7.4% | +55.57% | View data |
| 2 | 2 Germany | 184,200,000 | 2023 | +0.69% | -0.12% | View data |
| 3 | 3 Finland | 118,120,000 | 2023 | +2.51% | +1.02% | View data |
| 4 | 4 Austria | 106,350,000 | 2023 | +4.86% | +4.09% | View data |
| 5 | 5 Poland | 55,370,000 | 2023 | +2.55% | +1.93% | View data |
| 6 | 6 France | 38,874,000 | 2023 | +0.81% | +1.43% | View data |
| 7 | 7 Italy | 29,907,000 | 2023 | +5.19% | -6.92% | View data |
| 8 | 8 Spain | 14,902,000 | 2021 | -9.31% | View data | |
| 9 | 9 Czechia | 13,283,000 | 2023 | |||
| 10 | 10 Estonia | 1,750,000 | 2023 | +27.17% | View data |
