The Netherlands leads the European export of electric motors with an output of less than 37.5 W, capturing nearly half the market in 2023. Other significant players include Austria and Germany, with Germany showing a robust year-on-year growth of 22.16%. Conversely, Italy and France have suffered declines, with Italy dropping by 9.71% and France completely exiting this market. The UK also saw a total decline in exports. On a positive note, Malta recorded a significant increase of 51.4% and Denmark improved by 13.27%. Over the last five years, emerging markets show a consistent positive growth trend, suggesting strengthening roles in this market.
Looking forward, the European export market for small electric motors is expected to see a shift towards technological advancement and sustainable energy solutions. Germany and Hungary will likely continue to enhance their export capabilities, while countries like Malta and Estonia could play increasingly important roles. Watch for the impact of eco-friendly motor technology, legislative changes, and shifts in consumer demand that could influence future market dynamics.
Top countries in Export of Electric Motors of an Output Less than 37,5 W Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 46.2 | 2023 | +15.68% | +6.69% | View data |
| 2 | 2 Austria | 18.73 | 2023 | +0.7% | -2.93% | View data |
| 3 | 3 Germany | 14 | 2023 | +4.77% | +22.16% | View data |
| 4 | 4 Italy | 4.98 | 2023 | +5.55% | -9.71% | View data |
| 5 | 5 Romania | 3.99 | 2023 | +4.21% | +3.17% | View data |
| 6 | 6 Hungary | 3.38 | 2023 | +1.18% | +3.87% | View data |
| 7 | 7 Czechia | 3.18 | 2023 | |||
| 8 | 8 Slovakia | 3.03 | 2023 | +5.66% | +7.91% | View data |
| 9 | 9 Slovenia | 2.39 | 2023 | +1.55% | +0.28% | View data |
| 10 | 10 Poland | 1.32 | 2023 | +1.49% | +0.53% | View data |
