Germany leads the global export market for electro-magnetic couplings, clutches, and brakes, followed by China and the United States. While Germany, China, and U.S. experienced modest growth in 2023, notable increases were observed in South Korea, Romania, and Estonia. Conversely, significant decreases were witnessed in Sweden, Hungary, and South Africa. They reflect economic challenges affecting their production capacities. Emerging markets like India and Poland showed positive growth trends, indicating their increasing influence in the sector.
Future trends to watch include potential technological advancements driven by automation and electric vehicle integration, which may shift the dynamics of global market shares, favoring innovation-focused countries.
Top countries in Export of Electro-Magnetic Couplings, Clutches and Brakes Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 31.08 | 2023 | +2.46% | +2.03% | View data |
| 2 | 2 China | 23.88 | 2023 | +2.99% | +4.28% | View data |
| 3 | 3 United States | 8.2 | 2023 | +1.6% | +1.95% | View data |
| 4 | 4 France | 6.14 | 2023 | -3.28% | -3.02% | View data |
| 5 | 5 Japan | 5.6 | 2023 | -3.1% | -4.08% | View data |
| 6 | 6 Spain | 5.43 | 2023 | +0.38% | -0.16% | View data |
| 7 | 7 United Kingdom | 2.68 | 2023 | +1.84% | +1.52% | View data |
| 8 | 8 South Korea | 2.67 | 2023 | +4.1% | +5.36% | View data |
| 9 | 9 Switzerland | 2.19 | 2023 | +1.42% | +1.72% | View data |
| 10 | 10 Austria | 2.18 | 2023 | +3.18% | +2.72% | View data |
